Top Marijuana Stocks To Buy In Volatile Market 2024
Finding top marijuana stocks to buy this month may be easier. The consistent up-and-down trading in the sector presents that opportunity. Due to increased politics surrounding cannabis reform and the presidential election, the sector could see even more volatility. But this is how many have been able to take profits and leverage this volatility in their favor. Also, some have been seeing the cannabis industry as the investment of the future. This means some have been playing the long game and buying the dips and holding.
Many feel this is only the start of the true green rush. Once federal reform is put into place many feel this will turn into an investment that holding shares for longer periods will hold more value. Yet not all things are for certain that is why doing your research and creating a strategy can be helpful. More cannabis companies are working on innovative products to meet the demands and needs of consumers.
The money being made in legal states and regions around the world is rising quickly proving that the acceptance of cannabis is also rising as well. Another place inside the sector that is growing is the ancillary market. A big contributor to what helps farmers and cannabis businesses of all kinds run efficiently. Below are some marijuana stocks to watch that are showing great promise in the market and sector as a whole.
Top Marijuana Stocks 2024
- Cresco Labs Inc. (OTC:CRLBF)
- Curaleaf Holdings, Inc. (OTC:CURLF)
- Ayr Wellness Inc. (OTC:AYRWF)
Cresco Labs Inc.
Cresco Labs Inc., together with its subsidiaries, cultivates, manufactures, and sells retail and medical cannabis products in the United States. Back in September, it was announced that Dennis Olis retired as Chief Financial Officer.
The company appointed Sharon Schuler to take over who is an experienced financial and strategy executive. Schuler recently joined Cresco Labs while preparing to take the role of Chief Financial Officer upon Olis’s departure.
Curaleaf Holdings, Inc.
Curaleaf Holdings, Inc. operates a cannabis operator in the United States. It operates through two segments, Domestic Operations and International Operations.
In recent news, the company announced it will be reporting its Q3 2024 financial and operational results. The company will report its financial and operating results for the third quarter ended September 30, 2024, after market close on November 6, 2024.
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Ayr Wellness Inc.
Ayr Wellness Inc. operates as a vertically integrated multi-state cannabis operator that cultivates, manufactures, and retails cannabis products and branded cannabis packaged goods. On September 18th the company announced changes to its management. David Goubert has stepped down as the President and Chief Executive Officer of the Company.
Mr. Goubert served as President of the Company from October 12, 2022, and as Chief Executive Officer of the Company from February 13, 2023. The Board has approved the appointment of Steven M. Cohen as Interim Chief Executive Officer of the Company, effective immediately.
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Mr. Cohen previously served as an outside legal advisor to the Company. The Board will embark on a search for a permanent Chief Executive Officer in due course.