Best Cannabis Stocks For Gains

Cannabis Investing 2024 Here Are 3 Canadian Marijuana Stocks For You

The cannabis sector has experienced a large amount of growth over the years. From just a few legal states and global regions to now over 50% of the USA has a legal cannabis market. Yet even with all this progress the industry continues to face an uphill battle. Cannabis operators around the United States are dealing with several conflicting concerns.

One is federal reform and having laws passed in favor of small batches and legend growers. The other is working out a better state tax structure allowing legal operators to keep more profit. This has left companies where even if they sell most of their inventory they do not keep what a successful business should. This mainly correlates to federal reform and not having the proper tax structure for rights offs and other advantages. Still, this has left many wanting to invest before things take off to the next level.

Looking for the best marijuana stocks to buy would be the next step. For this it keen to do your research on the sector and learn about which companies are trading well in a volatile space. In addition to being profitable or in a position to see positive growth. Below are several marijuana stocks to watch for those who are interested in making money in the cannabis space.

Top Marijuana Stocks To Watch 2024

  1. SNDL Inc. (NASDAQ:SNDL)
  2. Aurora Cannabis Inc. (NASDAQ:ACB)
  3. Village Farms International, Inc. (NASDAQ:VFF)

SNDL Inc.

SNDL Inc. engages in the production, distribution, and sale of cannabis products in Canada. The company operates through Liquor Retail, Cannabis Retail, Cannabis Operations, and Investments segments.  SNDL

In more recent news the company attended the KCSA Cannabis Virtual Investors conference back on June 5th. At this time Zach George, Chief Executive Officer, presented live at the KCSA Cannabis Virtual Investors conference.

Aurora Cannabis Inc.

Aurora Cannabis Inc., together with its subsidiaries, produces, distributes, and sells cannabis and cannabis-derivative products in Canada and internationally. marijuana stocks on robinhood Aurora Cannabis (ACB)

On June 20th the company filed its full year and announced fiscal 2024 fourth quarter.

[Read More] 3 Marijuana Stocks To Buy Or Sell In Today’s Stock Market

Highlights And Key Mentions

  • Q4 Represents the Sixth Consecutive Quarter of Positive Adjusted EBITDA1
  • Increased Total Quarterly Net Revenue 5% YoY to $67.4 Million, Global Medical
  • Cannabis Net Revenue1 Grew by 20% YoY to $45.6 Million
  • Ended the Fiscal Year with a Cash Position of ~$180 Million with Cannabis Business Debt-Free2
  • Re-Affirms Target of Reaching Positive Free Cash Flow1 by December 31, 2024

[Read More] Top Marijuana Stocks to Watch This Week in June: High-Growth Picks

Village Farms International, Inc.

Village Farms International, Inc., together with its subsidiaries, produces, markets, and sells greenhouse-grown tomatoes, bell peppers, and cucumbers in North America. It operates through four segments: Produce, Cannabis-Canada, Cannabis-U.S., and Energy.  VFF

In recent news, the company reminds shareholders to cast their annual meeting votes. Shareholders are being urged to take action on their voting power for this upcoming meeting. The meeting will be held online and is set for Friday, June 28, 2024, at 12:00 p.m. ET.


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

Your email address will not be published. Required fields are marked *

You May Also Like

Vinergy Resources (VNNYF) Update

On May 1, 2017, Vinergy Resources (VNNYF) gained as much as 18% as we…