The Best Marijuana Stocks For You To Make Money
Today marijuana stock investors are leveraging volatility in their favor. Most cannabis stocks trade with a high level of volatility often created by several factors but the main cause is speculation. Now this is not a new concept investors use speculation to make investment choices. Speculation is essentially what people feel may happen based on specific factors. This would affect how pot stocks trade for better or worse.
If a company reports strong earnings this normally leads to pick-up trading. What can also happen is that other companies can piggyback off another company’s momentum. When this happens investors base it on the idea that it will have a similar positive outcome. This is what many know as speculative trading and when volatility creates rise this is where profits can be made. The strategy is fairly simple its more of when it will occur.
Much of the action in the cannabis space happens slowly and quickly at the same time. For example, the sector could find itself in a downtrend for weeks and then out of nowhere a rise may occur without warning and leave as fast as it came. The cannabis industry continues to show its growth and progress. More companies are developing innovative products that aim to meet the demands of consumers. As a new month is almost here this could be time to learn about how to invest in pot stocks in the market today. The companies below are some marijuana stocks to watch right now.
Top Marijuana Stocks For Investors
- Ayr Wellness Inc. (OTC:AYRWF)
- Glass House Brands Inc. (OTC:GLASF)
- Acreage Holdings, Inc. (OTC:ACRHF)
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 October 17th the company will host a conference call on Wednesday, November 13, 2024, at 8:30 a.m. ET.
Their conference call aims to discuss results for the third quarter ended September 30, 2024. AYR Interim CEO Steven Cohen and CFO Brad Asher will host the call, which will be followed by a question-and-answer period. The Company will provide its financial results in a press release before the call.
Glass House Brands Inc.
Glass House Brands Inc., together with its subsidiaries, operates as an integrated cannabis company in the United States. The company operates in three segments: Retail; Wholesale Biomass; and Cannabis-Related Consumer Packaged Goods.
In recent news, the company is preparing to report its financial results for the third quarter of 2024. Wednesday, November 13, 2024, after market close the company will release its report. As well the company will host a conference call to discuss the results at 5:00 p.m. Eastern Time.
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Acreage Holdings, Inc.
Acreage Holdings, Inc. operates in the cannabis industry in the United States. It cultivates and processes cannabis plants; manufactures branded consumer products; distributes cannabis flower and manufactured products; and retails dosable cannabis products to consumers.
Back in September, the company announced it had entered into an amended and restated credit agreement. The credit agreement (the “Amended and Restated Credit Agreement”) is with a subsidiary of Canopy Growth Corporation (“Canopy”) and a third-party lender (the “New Lender”).
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The intentions are to amend the amended and restated credit agreement dated June 3, 20,24 among Acreage, High Street Capital Partners, LLC, as a borrower, and the other parties thereto.
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