Top Marijuana Stocks To Watch For Better Investing
Marijuana stock investors are focused on investing in the future of the sector. Yes with how volatile the industry can be some days are time to take profits Yet there is still much to be done for the cannabis industry to reach what some are saying is its full potential. Much of this is circulated through better regulations and the passing of federal reform along with fair taxes in each state.
Many companies are preparing to report earnings. Mant has already shown great promise regarding how revenue will continue growing. The acceptance of legal cannabis has turned out to be something incredible. More and more companies have been expanding especially companies like Trulieve who have opened new locations across FL with the anticaption of recreational cannabis passing. In addition to it being an election year which often comes with words supporting the industry. Once people hear this historically it has led to better trading.
But with much more to be done, the future is where some investors feel the real payday will be. Right legal cannabis is still developing as an industry across the globe. For those with an interest in getting invested now is a good time to search for top marijuana stocks to buy. Especially before the sector becomes more regulated and the possible chance of volatility dies out. Below are several marijuana stocks to watch today.
Marijuana Stocks For Your 2024 List
- Greenlane Holdings, Inc. (NASDAQ:GNLN)
- High Tide Inc. (NASDAQ:HITI)
- SNDL Inc. (NASDAQ:SNDL)
Greenlane Holdings, Inc.
Greenlane Holdings, Inc. engages in the development and distribution of cannabis accessories, vape devices, and lifestyle products in the United States, Canada, and Europe.
In recent news, the company announced a nonbinding letter of intent to distribute the CURB Lifestlye, Inc. breakthrough inhalation device.
Words From The Company
“CURB has developed a new standard in inhalation devices that offers consumers a more safe, convenient, and consistent delivery system, whether they are seeking enjoyment or to support their wellness journey,” said Barbara Sher, Chief Executive Officer for Greenlane.”
[Read More] Top US Marijuana Stocks to Watch in October: Industry Leaders and Market Movers
High Tide Inc.
High Tide Inc. engages in the cannabis retail business in Canada, the United States, and internationally. The company operates through Retail and Wholesale segments. Recently the company opened a new Cana Cabana in Toronto Canada.
This opening brings the total number of Canna Cabana branded retail cannabis locations to 184 in Canada, 70 stores in the province of Ontario, and the 10th in the city of Toronto.
[Read More] 3 Marijuana Stocks To Watch This Week In October
SNDL Inc.
SNDL Inc. engages in the production, distribution, and sale of cannabis products in Canada. The company operates through Liquor Retail, Cannabis Retail, Cannabis Operations, and Investments segments. On September 10th the company announced the departure of the liquor segment president.
After two decades of leadership and innovation in the liquor industry, Taranvir (Tank) Vander, President of, the Liquor Division, is retiring from SNDL to pursue new opportunities. Navroop Sandhawalia, SNDL’s current Vice President of finance Liquor Retail, will be stepping in as Interim President of, the Liquor Division.