Top Marijuana Stocks That Could Make A Profit For Shareholders
Marijuana stock investors are still on the watch for another run in the sector. Due to the intensity of politics surrounding the cannabis industry, there may be more of an influx of market action. With the Presidential election getting underway promises are starting to surface in regards to legal cannabis in the US. Often when shareholders hear this type of news it can sway how most marijuana stocks trade.
For example, when Donald Trump voiced his support for legal cannabis in Florida, sparked a bit of trading momentum. Much of the volatile action occurs when there is speculation about something that will push the industry forward. Ultimately leading to potential profits for traders. So to take advantage of the market today is to be prepared. Get current with companies and news of the industry becuase the more info you have the better investment choices you will make.
Now with how fast cannabis stocks can rise and fall, it’s always important to keep an eye out for marijuana stocks to buy. Legal markets are growing at a fast pace and more people are becoming comfortable with cannabis being treated like any other industry. Below are several marijuana stocks to watch for better trading this month.
Top Marijuana Stocks For Investors To Watch
- Trulieve Cannabis Corp. (OTC:TCNNF)
- Verano Holdings Corp. (OTC:VRNOF)
- Green Thumb Industries Inc.(OTC:GTBIF)
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.
In recent news, the company has announced it will be partaking in certain events coming up.
Event Info Dates And Times
ATB Capital Markets 2024 Life Sciences Institutional Investor Conference, September 18, 2024: Vice President of Investor Relations Christine Hersey will participate in investor meetings.
Benzinga Cannabis Capital Conference, October 8 – 9, 2024: Chief Marketing Officer Gina Collins will participate in a panel discussion on Next-Gen Cannabis Retail on October 9th at 11:00 AM
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Verano Holdings Corp.
Verano Holdings Corp. operates as a vertically integrated multi-state cannabis operator in the United States. On September 12’th the company announced it has further expanded its footing Florida’s cannabis market.
This was accomplished with the opening of a new dispensary in Melbourne and Okeechobee With the opening of these locations it now pits the company at 79 locations.
Words From The Company
“We are thrilled to bring MÜV to the Okeechobee community and add another convenient location in Melbourne, where patients can access our wide selection of award-winning products and receive the personalized care and guidance they deserve from our knowledgeable team members,” said John Tipton, President of the Southern Region.”
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Green Thumb Industries Inc.
Green Thumb Industries Inc. manufactures, distributes, markets, and sells cannabis products for medical and adult use in the United States. It operates through two segments, Retail and Consumer Packaged Goods. Recently the company announced a $50 million share repurchase program.
To which the Board of Directors has approved. The repurchase program authorizes, under a normal course issuer bid, the repurchase of up to 10,573,860 of its Subordinate Voting Shares from time to time over the next 12 months. Under the Company’s previous repurchase program that expired on September 10, 2024, Green Thumb repurchased 6.5 million shares for $73.3 million.
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