2 Marijuana Stocks To Watch In November
This past week was the time to find top marijuana stocks to buy. Why you ask well it’s becuase of the volatile decline that took place. Now just becuase this recent pullback led to more buys doesn’t mean it did not have a negative impact. With all the uproar about the presidential election and the need for more cannabis support, you would speculate better trading would happen. Yet this was not the case but there is still hope for the near future.
Even without the election and promises made along the way the cannabis industry is still on the rise. We are almost at 50 states with legal cannabis in the USA. As well as several other global regions like Canada and Germany and places like Jamaica. Cannabis has been a profitable industry even when it was fully illegal. Now the legal scene has grown into a big profitable industry generating over a combined total of billion dollars every quarter.
This has led many to find ways to invest and take advantage of this volatile sector. With all the progress and expansion happening with legal cannabis, it’s just a matter of time before federal reform takes its place. Now many feel when this day comes it will help alleviate the volatile trading and balance out the sector. Below are some marijuana stocks to watch for those looking to invest.
Marijuana Stocks For Cannabis Investors 2024
- Hydrofarm Holdings Group, Inc. (NASDAQ:HYFM)
- GrowGeneration Corp. (NASDAQ:GRWG)
Hydrofarm Holdings Group, Inc.
Hydrofarm Holdings Group, Inc., together with its subsidiaries, manufactures and distributes controlled environment agriculture (CEA) equipment and supplies in the United States and Canada.
In recent news, the company has announced it will report its Q3 2024 results on November 7th with a conference call. A press release containing third-quarter 2024 results will be issued before the market opens that same day.
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GrowGeneration Corp.
GrowGeneration Corp., through its subsidiaries, owns and operates retail hydroponic and organic gardening stores in the United States.
In recent news, the company has scheduled its Q3 2024 earnings conference call for November 12th, 2024. The announcement will be followed by a live earnings conference call at 4:30 p.m. ET.
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