Canadian Cannabis Stocks to Watch in October 2024

Top Marijuana Stocks To Watch During A New Quarter

Marijuana stock investors are still keeping watch for any future uptrends. With the presidential election soon to take place campaign promises may help with better trading. Both Kamala Harris and Donald Trump have voiced views of support for the legal cannabis industry. The more people hear these promises the odds of seeing upward trading increases. This is the time when most would begin looking for marijuana stocks to buy. Especially while things are still volatile and finding top cannabis stocks at low price points occurs often.

The uncertainty of what may occur creates both positive and negative speculation. Each has its impact on the market. Preparation is a must when investing in marijuana stocks as the industry becomes more legitimate. What this could mean is that once regulations and federal laws are put into place the volatility could become less. This would mean that prices could level out and only rise or fall so much like other market sectors.

The action in cannabis would be better regulated leading to healthier market action potentially. Hopefully, the cannabis industry can pass federal reform measures and get cannabis rescheduled correctly. More states are soon to vote on legalization measures which would only add more value to the growing sector. Below are several marijuana stocks to watch that could see better trading this month.

Top Marijuana Stocks To Watch

  1. Cansortium Inc. (OTC:CNTMF)
  2. Planet 13 Holdings Inc.(OTC:PLNH)
  3. Ayr Wellness Inc. (OTC:AYRWF)

Cansortium Inc.

Cansortium Inc., through its subsidiaries, produces and sells medical cannabis in Florida, Pennsylvania, and Texas. In recent news announced that it has changed its auditor. The company is going from Baker Tilly US, LLP to PKF O’Connor Davies LLP. CNTMF

At the request of the Company, the Former Auditor resigned as the auditor of the Company effective September 23, 2024. Now the board of directors of the Successor Auditor as the Company’s auditor effective September 23, 2024. This is to hold office until the next annual meeting of the Company.

[Read More] 2 Top Marijuana Stocks For Investors To Consider

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.  planet13On September 11th the company announced it has executed on Nevada retail expansion strategy with the proposed acquisition of a Las Vegas dispensary.

Words From The Company

“Increasing our scale, operating leverage and verticality in Nevada is one of the most cost-efficient levers for profitable growth we have, and this dispensary couldn’t be a better fit for our portfolio. Their location and more local focus customer base complement our SuperStore and other Nevada neighborhood stores,” said Bob Groesbeck, Co-CEO of Planet 13.”

[Read More] October Watchlist: Cannabis REITs with High Dividend Yields

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. In September David Goubert stepped down as the President and Chief Executive Officer of the Company.  AYRWF pot stock

Mr. Goubert served as President of the Company from October 12, 2022, and as Chief Executive Officer of the Company from February 13, 2023. The Board of Directors of the Company thanks Mr. Goubert for his dedication to AYR and wishes him the best in his future endeavors.


MAPH Enterprises, LLC | (305) 414-0128 | 1501 Venera Ave, Coral Gables, FL 33146 | new@marijuanastocks.com
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