3 Marijuana Stocks With Potential To See Gains This Week
The cannabis industry has seen significant changes and growth over the past few years. Especially with more than half of the US going legal. As well as other countries worldwide moving toward legalization for both medical and recreational use. Currently, several key trends and developments shape the industry. These trends can also impact the public sector and how marijuana stocks trade. More regions are legalizing cannabis, which expands the market and creates new business opportunities.
Recent legislation efforts in multiple states aim to regulate and tax cannabis sales. This will ultimately lead to significant tax revenue for local governments. With the industry as a whole still young and building, there are still many untapped niches within the industry. So this will allow for innovative companies to emerge, making it an opportune time for investors to start looking for top cannabis stocks to buy.
Learning the market and creating a game plan will be a big help when putting together a strategy. As more companies continue to report earnings we may see some momentum enter the cannabis sector. As with any investment, there are risks to consider, especially given regulatory changes and market volatility. However, for those willing to do their research and leverage opportunities, the cannabis industry can present promising prospects. The companies mentioned below are some marijuana stocks to watch this week.
Top Marijuana Stocks To Watch Today
- Trulieve Cannabis Corp. (OTC:TCNNF)
- Green Thumb Industries Inc. (OTC:GTBIF)
- Greenlane Holdings, Inc. (NASDAQ:GNLN)
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.
Back on March 7th, the company announced the appointment of Ryan Blust, the Company’s Vice President of finance, as its interim Chief Financial Officer. This came as the departure of Wes Getman as Chief Financial Officer to pursue other opportunities, each effective March 6, 2025.
Words From The Company
“We thank Wes for his good work, particularly with his team implementing robust financial controls to meet Sarbanes Oxley requirements last year,” said Trulieve’s Chief Executive Officer Kim Rivers.”
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. In recent news, the company opened its sixth RISE Ohio location.
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Words From The President
“It is an exciting day for Green Thumb in the Buckeye State as we open our sixth RISE Dispensary in Ohio and first location in the Columbus area,” said Green Thumb President Anthony Georgiadis.
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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. It operates in two segments, Consumer Goods and Industrial Goods. Back on March 10th, the company announced the selection of Cannabis Creative Group.
This will be a division of CHAMP Digital an award-winning digital marketing agency. Specifically meant for Cannabis and CBD. Headquartered in Boston, Cannabis Creative Group has client partnerships across North America, Mexico, and Europe.
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