3 Marijuana Stocks That Could Make You Money If You Like Cannabis
So far this month some marijuana stocks have been able to rise in trading before dropping back down. Recently companies have been reporting earnings which is showing increased profits for some. This along with other factors has contributed to the recent pops in the cannabis sector. Yet for most days many top pot stocks continue to find trouble in sustaining better trading.
Without further regulations and other reform, matters settled in favor of legal operators the upward consistency investors want won’t occur as often. Still many never thought legal cannabis would get this far as fears of an industry-wide shutdown from the federal government were a real fear. Now in 2024, the DEA has agreed to reschedule cannabis in hopes of further building out a rather new market. In times like this where speculation and market volatility are high many are looking to invest.
This is where you would begin to learn and research about trading and investing in marijuana stocks. Learn about the different companies and how they perform. From this, you can have stronger confidence and a better gauge of which marijuana stocks to buy. As there is more to be seen and done for the cannabis industry hopes are high that trading momentum will go back up. Below are several marijuana stocks to watch if you are interested in investing in legal cannabis.
Marijuana Stocks To Watch 2024
- Jushi Holdings Inc. (OTC:JUSHF)
- Planet 13 Holdings Inc. (OTC:PLNHF)
- Cansortium Inc. (OTC:CNTMF)
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 August 14th the company announced an option re-pricing program. 
So with respect to certain options to acquire subordinate voting shares of the Company. The company previously issued to six senior management employees and four independent directors under the Company’s 2019 Equity Incentive Plan.
Words From The Company
“The board of directors of the Company (the “Board”) believes that equity incentives are a key part of Jushi’s compensation philosophy for the Board and senior management, and in particular for the employees eligible for this program, all of whom have been with Jushi for over 5 years. Given the fact that the exercise price of the options held by the Eligible Participants is much higher than the current and recent trading prices of the Company‘s subordinate voting shares (the “Shares”) the Board believes the options eligible for replacement are not providing the incentive they were meant to provide.” said Steve Monroe, lead director of the Company.
[Read More] The Best Marijuana Stocks To Watch For Big Gains In 2024
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. 
In recent news, Rapper Wiz Khalifa offered exclusive Khalifa Kush products powered by Planet 13. This is the first time something like this will take place at the Planet 13 entertainment complex.
Words From The CEO
“Khalifa Kush is known for its world-class quality and highly sought-after products, powered by proprietary genetics. Combined with our rigorous growing practices, this partnership promises to bring out the best of these genetics and showcase these strains like never before,” said Larry Scheffler, Co-CEO of Planet 13.”
[Read More] Top US Cannabis Stocks for September: Emerging Leaders to Watch
Cansortium Inc.
Cansortium Inc., through its subsidiaries, produces and sells medical cannabis in Florida, Pennsylvania, and Texas. Recently the company has reported its Q2 2024 results. 
Highlights And Keymentions
- Revenue increased 12% to $27.3 million compared to $24.4 million.
- Florida revenue increased 15% to $23.1 million compared to $20.1 million.
- Adjusted gross profit1 was $12.3 million or 48.6% of revenue, compared to $10.2 million or 46.4% of revenue.
- Adjusted EBITDA was $7.7 million compared to $6.8 million.
MAPH Enterprises, LLC | (305) 414-0128 | 1501 Venera Ave, Coral Gables, FL 33146 | new@marijuanastocks.com
