Best Cannabis Stocks To Buy In July 2024

Are These 3 Marijuana Stocks To Buy Right Now?

Marijuana stock investors are always looking for the next opportunity. As the cannabis industry continues to flourish there could more ways to make a profit. Over the last several years legal cannabis operators have been through a great deal of turmoil. Yet at the same time a great deal of success. Much of the negative aspect has to do with laws and taxes which can impact how a business can run.

As well this can also impact the publicly traded side of the cannabis sector. This means that if some news comes out about laws in a bad way or bad company news it can negatively impact trading. But with every decline, it is also a chance to find top marijuana stocks to buy. Nevertheless of the hardships of the industry legal cannabis is here to stay.

The question now is what will the future of the sector and cannabis investing look like? As cannabis is still federally illegal some feel ending cannabis prohibition potentially will drive most marijuana stocks up. That is why many are watching the sector close and creating strategies that could yield the gains investors desire. The marijuana stocks to watch below are several companies to keep on your radar this month.

Top Marijuana Stocks For Your Watchlist

  1. Planet 13 Holdings Inc. (OTC:PLNH)
  2. Ascend Wellness Holdings, Inc. (OTC:AAWH)
  3. The Cannabist Company Holdings Inc. (OTC:CBSTF)

Planet 13 Holdings Inc.

Planet 13 Holdings Inc., together with its subsidiaries, cultivates and provides cannabis and cannabis-infused products for medical and retail cannabis markets in the United States. planet13

In recent news, the company initiated the launch of Planet 13 FIGHT CLUB while hosting its first Planet 13 FIGHT WEEK. In other news, Planet 13 Holdings Inc. has appointed David Loop to the Board of Directors.

Ascend Wellness Holdings, Inc.

Ascend Wellness Holdings, Inc. engages in the cultivation, manufacture, and distribution of cannabis consumer packaged goods in the United States.  AWH

Recently the company announced the opening of a new dispensary in Wharton, New Jersey.

Words From The Company

“The opening of Ascend’s Wharton location will allow us to serve an underserved market in New Jersey,” said Rick Wilkins, Chief of Stores at Ascend. “We are dedicated to serving both our medical patients and adult-use customers, ensuring we meet their needs responsibly. This move reflects our commitment not only to business growth but also to adapting to the evolving demands of our customers.”

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The Cannabist Company Holdings Inc.

The Cannabist Company Holdings Inc. engages in the cultivation, development, production, home delivery, and dispensary of cannabis products in the United States and internationally. On June 26th the company announced it has teamed up with The Bloom Brand to create a new vape line.The Cannabist

Particularly geared toward the East Coast market.  New Jersey and Virginia will be the first two markets featuring this collaboration. This will mark the 6th and 7th states where Bloom products are available.

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Words From The President Of The Company

“We’re excited to welcome Bloom into the Cannabist family of brand partners and can’t wait to introduce our customers and patients to these amazing products. It’s great working with like-minded, and innovative, companies like Bloom, that have a strong passion and dedication to providing an exceptional cannabis experience,” said Jesse Channon, President, The Cannabist Company.”

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