The Best Marijuana Stocks In The Cannabis Industry
How do people find the best marijuana stocks to buy? Well, this is not a simple answer as there are multiple ways to do so. Which all has to do with the way you conduct your research and execute your trades and the strategy behind them. Current events inside the cannabis industry also play a huge factor in how the sector trades as a whole. Now the most simple way to gauge is when you see performing cannabis companies fall in share price.
This is often a signal to take action and pick up shares of the company at lower entry levels. The idea is to always buy low and sell high to make the most of your investment as you can. You want to take the time to learn about the sector. For instance, build a watchlist of cannabis companies watch how they trade, and track what impacts their market performance. Once you have somewhat of an idea of market trends and trading environment it gives better odds of being more profitable.
Right now with how volatile the sector is, there is still a chance to invest without spending too much. Some top pot stocks have seen a recent drop with all the noise about better cannabis reform and it falling through. Still with more to be done in the industry these marijuana stocks to watch below could be winners shortly.
Marijuana Stocks To Watch 2024
- Verano Holdings Corp. (OTC:VRNOF)
- Jushi Holdings Inc. (OTC:JUSH)
Verano Holdings Corp.
Verano Holdings Corp. operates as a vertically integrated multi-state cannabis operator in the United States. In recent news, the company announced the opening of Zen Leaf Mount Holly. 
This makes for the company’s fourth dispensary in New Jersey and 153rd retail location nationwide. Nationally, Verano’s operations span 14 states, comprised of 153 dispensaries and 15 cultivation and processing facilities with more than 1.1 million square feet of cultivation capacity.
Words From The Company
“We are thrilled to open Zen Leaf Mount Holly, our first location in South Jersey and fourth dispensary in the Garden State,” said George Archos, Verano founder and Chief Executive Officer. “Zen Leaf Mount Holly.
[Read More] Top Marijuana Stocks For Better Market Action
Jushi Holdings Inc.
Jushi Holdings Inc., a vertically integrated cannabis company, engages in the cultivation, processing, retail, and distribution of cannabis for medical and adult-use markets. On November 7th the company reported its Q3 2024 financial results. 
Third Quarter 2024 Financial Highlights
- Total revenue of $61.6 million
- Gross profit and gross profit margin of $28.0 million and 45.4%, respectively
- Net loss of $16.0 million
- Adjusted EBITDA1 and Adjusted EBITDA margin of $10.3 million and 16.8%, respectively
- Cash, cash equivalents, and restricted cash of $22.9 million as of quarter end
- Net cash flows provided by operations of $2.4 million
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