Cannabis Investors Are Focused On These Top Marijuana Stocks
With all that is happening in politics, how will marijuana stocks react in the market? At times, the way most sectors trade based on politics can be either good or bad. For example, when the DEA announced the rescheduling of cannabis many marijuana stocks began to rise. The sector is highly volatile and this can lead to unpredictable trading patterns.
As well with President Biden leaving the presidential race many of the cannabis sector are concerned. Even with no true follow-through on reform outside of some much-needed pardons, no legislation was passed during his time. Still, he was someone for better or worse seemed to be in favor of legal cannabis. Just the speculation of promise could change the way cannabis stocks trade. When there is good news coming surrounding reform or politics it can have a positive outcome on how most marijuana stocks perform at that moment.
The name of the game now is preparation as there is still a window to find top marijuana stocks to buy before any federal reform becomes law. Learn about the sector and set a plan in action that gives you the best odds at taking the most profit. Hopefully, the next president be it Donald Trump or whoever it may be they help push the cannabis industry forward in the right direction. Which hopefully can help these top marijuana stocks to watch below trade better.
Top Marijuana Stocks For You
- Trulieve Cannabis Corp. (OTC:TCNNF)
- Greenlane Holdings, Inc. (NASDAQ:GNLN)
- Verano Holdings Corp. (OTC:VRNOF)
Trulieve Cannabis Corp.
Trulieve Cannabis Corp., together with its subsidiaries, operates as a cannabis retailer. The company cultivates, processes, and manufactures cannabis products and distributes its products to its dispensaries, as well as through home delivery.
On July 11th the company announced the opening of an affiliated medical marijuana dispensary in Wikes Barre Pennsylvania.
Words From The Company
“We are proud to expand access to medical marijuana in Pennsylvania with this new affiliated dispensary,” said Trulieve’s Chief Executive Officer Kim Rivers. “This location offers greater convenience to patients in Wilkes-Barre and Luzerne County looking for their favorite Trulieve branded products and our world-class customer service.”
[Read More] Top Contending Marijuana Stocks For Investors Today
Greenlane Holdings, Inc.
Greenlane Holdings, Inc. develops and distributes cannabis accessories, vape solutions, and lifestyle products in the United States, Canada, and Europe. It operates in two segments, Consumer Goods and Industrial Goods. On May 21st the company announced it received a noncompliance notice from Nasdaq. The company was not in compliance with the requirements of Nasdaq Listing Rule 5250(c)(1).
As a result of not having timely filed its Quarterly Report on Form 10-Q for the quarter ended March 31, 2024, with the Securities and Exchange Commission. On May 16, 2024, the Company filed a Form 12b-25 Notification of Late Filing with the SEC related to the Form 10-Q. The May 21, 2024 notification has no immediate effect on the listing of the Company’s common stock on the Nasdaq.
However, if the Company fails to timely regain compliance with the Listing Rule, the Company’s common stock will be subject to delisting from Nasdaq.
[Read More] Top 5 US Marijuana Stocks to Add to Your Watchlist For August 2024
Verano Holdings Corp.
Verano Holdings Corp. operates as a vertically integrated multi-state cannabis operator in the United States. 
The company has recently announced that they will report their Q2 2024 earnings on August 7th, 2024. The company is preparing to have the call around 8:30 Am on that day.
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