Top Marijuana Stocks To Watch Before 2025
What are marijuana stock investors searching for this holiday season? For starters, some companies have recently reported strong quarterly earnings. The better a company performs, the more intriguing it looks to people to invest in it. Right now, many cannabis companies are making headway outside of the public sector. For instance, there has been a rapid expansion of dispensaries opening across the United States.
In addition to ancillary businesses that help with the other parts of running a legal cannabis business. Now with the growth and progression of the industry, it has yet to transition into better trading in the way most would hope. Still with the sector showing much promise now is as good time as any to look for the best marijuana stocks to buy. Remember the sector is still volatile which often leads to the downside which is normally a time to buy.
As well things can change without warning with pot stocks so being cautious is important. You want to do your research create a trading plan and adjust that plan according to how the market behaves. The goal is to make a profit and currently many see marijuana stocks as long-term investments. Below are several marijuana stocks to watch as the possibility for better trading may happen in the near future.
Top Marijuana Stocks For You
- Tilray Brands, Inc. (NASDAQ:TLRY)
- Canopy Growth Corporation (NASDAQ:CGC)
- Cronos Group Inc. (NASDAQ:CRON)
Tilray Brands, Inc.
Tilray Brands, Inc., a lifestyle consumer products company, engages in the research, cultivation, processing, and distribution of medical cannabis products in Canada, the United States, Europe, Australia, New Zealand, Latin America, and internationally.
In recent news, the company introduces a new premium cannabis strain Platinum Pave. This new strain release was done under the brand Broken Coast.
Words From The Master Cultivator
Kevin Anderson, Master Grower at Broken Coast, describes Platinum Pavé as a visual masterpiece with deep green and royal purple buds covered in trichomes. “We’re excited for consumers to get their hands on this exceptional indica,” he says. “After phenohunting over 500 seeds, we’re extremely proud to cultivate a strain with potent THC and a unique terpene profile.
Canopy Growth Corporation
Canopy Growth Corporation, together with its subsidiaries, engages in the production, distribution, and sale of cannabis and hemp-based products for recreational and medical purposes primarily in the United States, Canada, Germany, and internationally.
Recently the company announced they have selected a new CEO. So with this Canopy Growth has selected Mr. Luc Mongeau as the company’s new CEO.
Words From The Company
“Having worked with our Board for nearly two years, Luc’s unique blend of cannabis experience, combined with decades of CPG expertise, makes him the ideal leader to guide Canopy Growth through its next phase of growth,” said David Lazzarato, Chairman of the Board, Canopy Growth.”
[Read More] Top US Marijuana Stocks to Watch This December for High-Growth Potential
Cronos Group Inc.
Cronos Group Inc. operates as a cannabinoid company that engages in the cultivation, production, and marketing of cannabis products in Canada, Israel, and Germany. The company recently reported its Q3 2024 earnings.
Highlight and Key Mentions
- Net revenue of $34.3 million in Q3 2024 increased by $9.5 million from Q3 2023.
- Gross profit of $3.6 million in Q3 2024 decreased by $0.4 million from Q3 2023.
- Adjusted Gross Profit of $10.7 million in Q3 2024 increased by $6.8 million from Q3 2023.
- Adjusted EBITDA of $(6.0) million in Q3 2024 improved by $9.2 million from Q3 2023.
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