Top Marijuana Stock Picks For All Types Of Investors
Many legal cannabis operators are working to keep pushing the boundaries of the industry. Innovation is key for any growing sector and cannabis is no different. Right now is a pivotal time for the cannabis industry as things are continuously changing. The climate of the sector and the success of companies can have a direct connection to how most marijuana stocks perform, especially during an election year where promises may come along from presidential candidates to better the industry.
There is still the ongoing battle for better laws and regulations and how each state taxes its legal operators which is hurting the legend grows and small-batch farmers. Yet the advancement and acceptance of cannabis as a legitimate industry is evolving into something amazing. There was a point in time where a conversation on cannabis was viewed as taboo to some. With 2025 almost here there is a lot of anticipation of what will occur.
This speculation has also motivated more people to find ways to invest searching for top marijuana stocks to buy. Many are doing their homework on companies and giving the sector more attention. Currently, there is an increased demand for more cannabis products, and companies plan to meet these standards which would lead to more profitability. Below are several marijuana stocks to watch for those who are interested in finding ways to invest in legal cannabis.
Marijuana Stocks To Watch 2024
- Aurora Cannabis Inc. (NASDAQ:ACB)
- Cronos Group Inc. (NASDAQ:CRON)
- Organigram Holdings Inc. (NASDAQ:OGI)
Aurora Cannabis Inc.
Aurora Cannabis Inc., together with its subsidiaries, engages in the production, distribution, and sale of cannabis and cannabis derivative products in Canada and internationally.
Back on August 12th, the company announced the results of its 2024 annual general and special meeting.
Matter Approved By The Company
- The appointment of Ernst & Young LLP as auditors of the Company for the ensuing year;
- Amendments to the Company’s RSU Plan, PSU Plan, DSU Plan and Share Option Plan;
- The renewal of the Company’s Shareholder Rights Plan; and
- A non-binding advisory resolution on the Company’s approach to executive compensation.
Cronos Group Inc.
Cronos Group Inc. operates as a cannabinoid company that engages in the cultivation, production, and marketing of cannabis products in Canada, Israel, and Germany.
At the end of August, the company made its live resin vapes and ice water hash prerolls available across Canada.
Words From The Company
“These new additions to our growing portfolio of Lord Jones® innovations demonstrate our commitment to delivering exceptional and truly differentiated products to the Canadian market,” said Mike Gorenstein, Chairman, President and CEO, Cronos.”
[Read More] September 2024 Watchlist: Leading Cannabis REITs for Investment
Organigram Holdings Inc.
Organigram Holdings Inc., through its subsidiaries, engages in the production and sale of cannabis and cannabis-derived products in Canada.
On September 3rd the company announced the closing of the second tranche of previously announced BAT private placement investment.
[Read More] 3 Marijuana Stocks To Watch Today
Words From The Chief Strategy Officer
“With two tranches of the Jupiter pool now funded, combined with our strong balance sheet and targeted investment strategy, Organigram is well on its way to executing on its ambitious growth plan focusing on international, technological and product expansion,” said Paolo De Luca, Chief Strategy Officer of Organigram.”
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