Here Are 3 Marijuana Stocks To Watch In 2024 That Could See Big Gains
During the new year, the cannabis industry is going to see some drastic changes. Over the last several years the industry has undergone tremendous growth and success. Even with all the hold-ups and setbacks legal cannabis around the globe has made headway. More than half of the United States and other regions around the world have legal cannabis markets. With this progress, many anticipate even more success. In 2024 there is a lot of expectation that we will see the sector expand even more.
Many people are keeping an eye out for new and innovative developments that could bring more attention toward investing in legal cannabis. Now the sector is still young as an emerging industry but with every new endeavor the industry has is another opportunity to get involved. Currently many are preparing for the future as people are taking advantage of this market volatility. With no federal reform in place and the need for better regulations marijuana stocks trade with a large amount of volatility.
Yet this unpredictable pattern has allowed some to find the best marijuana stocks to buy at low entry levels. The lower you can enter a position the better your odds of seeing better profits down the line. Just remember to do your research and use a strategy that helps you see the gains you want. The companies mentioned below are some marijuana stocks to watch before the new year begins.
Marijuana Stocks For Cannabis Investors
- The Cannabist Company Holdings Inc. (OTC:CBSTF)
- Ayr Wellness Inc. (OTC:AYRWF)
- Acreage Holdings, Inc. (OTC:ACRHF)
The Cannabist Company Holdings Inc.
The Cannabist Company Holdings Inc. engages in the cultivation, manufacture, and provision of cannabis products and related services in the United States and internationally. In recent news, the company announced a normal course issuer bid.
The Board of Directors has authorized a normal course issuer bid to purchase up to 15,000,000 of its common shares. This will represent approximately 3.6% of its issued and outstanding Common Shares as of November 9, 2023. The NCIB is subject to the approval of the CBOE Canada Exchange (the “CBOE”).
Ayr Wellness Inc.
Ayr Wellness Inc. operates as a vertically integrated cannabis multi-state operator that cultivates, manufactures, and retails cannabis products and branded cannabis packaged goods.
On November 9th the company announced its dispensaries are now carrying Kiva Camino gummies in Florida. The launch follows the Company’s entrance into a three-year, exclusive licensing and retail agreement in Florida with Kiva Confections, a global leader in cannabis edibles.
Words From The Company
I am thrilled that AYR Cannabis Dispensary locations across Florida will now be carrying Camino Soft Chews by Kiva Confections,” said Sevi Borrelli, AYR’s General Manager, in Florida. “Our Florida patients have been asking for more options in the edible category, and the Camino brand encapsulates all of the qualities of a top-shelf edible: effective, consistent, and flavor-forward.
[Read More] Marijuana Stocks For Weekly Watch List 2023
Acreage Holdings, Inc.
Acreage Holdings, Inc. operates in the cannabis industry in the United States. It is involved in cultivating and processing cannabis plants; manufacturing branded consumer products, and distributing cannabis flowers.
As well as manufacturing products; and retailing dosable cannabis products to consumers. Recently the company announced the introduction of a craft cannabis brand Superflux to New Jersey.
[Read More] Cannabis Industry News For Marijuana Stock Investors
The initial launch will introduce four limited-edition, small-batch including:
Cherry Lemon Gusher – A hybrid strain bred and selected in-house.
Chocolate Cherry OG – A rich, Indica-dominant strain, melding some of the most sought-after OG Kush plants with both Black Cherry and Lemon Cherry Gelato.
Red Carpet Runtz – A unique-scented and potent varietal, this Indica-dominant strain blends Gelato, Cookies, Afghani, and a sprinkle of OG.
Silly Rabbit– Unleashing a complex sweet-meets-gas aroma with distinct notes of sweet cereal milk and light fruity qualities.
MAPH Enterprises, LLC | (305) 414-0128 | 1501 Venera Ave, Coral Gables, FL 33146 | new@marijuanastocks.com