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Cannabis Investing Mid-March 3 Marijuana Stocks To Watch

Top Marijuana Stocks For Investors To Follow In The Market

Here Are The Best Marijuana Stocks To Watch This Week

Marijuana stock investors are staying focused as more market changes could soon come. Since the start of 2024, there have been rapid changes in the cannabis sector. The new year brings speculation about what could happen to the legal cannabis market. Many companies are showing increased revenues in addition to partaking in various business ventures. In addition to the release of new products that aim to meet the consumer’s demand. Not to mention the continuous fight to pass better reform for the cannabis industry.

All of the above has given more reasons for people to find the top marijuana stocks to buy. Especially while the cannabis sector is still heavily volatile. Recently more companies are reporting their earnings. When a company can provide strong financial results it lets shareholders know the business is good. Right now is still a good time to learn about marijuana stocks. Particularly if you are someone who wants to invest in legal cannabis without starting a cannabis business.

Learn about the companies and how they impact the sector. Once you have a better understanding of how things work investing and trading can potentially yield the profits you want. Investing is a game of risk versus reward so make sure you do your best to have a good trading plan. Below are some marijuana stocks to watch as the cannabis sector continues to thrive as a whole.

Top Marijuana Stocks For Your 2024 Watchlist

  1. Gold Flora Corporation (OTC:GRAM)
  2. Cansortium Inc. (OTC:CNTMF)
  3. Ayr Wellness Inc. (OTC:AYRWF)

Gold Flora Corporation

Gold Flora Corporation engages in the cultivation, manufacturing, extraction, distribution, and retailing of cannabis products in California. It offers disposable vape pens and gold flora flowers. The company was founded in 2017 and is based in Costa Mesa, California. In recent news, the company announced it mourns the loss of chairman Troy Datcher.

Mr. Datcher served as the Chief Executive Officer of The Parent Company from September 2021 until its merger with Gold Flora in July 2023, following which he continued in his role as Chairman of the Board. Prior to his time with The Parent Company, he served as an executive at The Clorox Company for twenty years, as well as three years with NASCAR.

Words From The Company

“Troy exhibited remarkable dedication in his mission to effect positive change and empower others to do the same,” said Laurie Holcomb, Chief Executive Officer of Gold Flora. “His vision for an industry based on diversity, equality, and community was an inspiration to all of us who benefited from the opportunity to work with him. He broke barriers as the first Black CEO of a major publicly traded cannabis company and strove to elevate others alongside himself.”

[Read More] Top Marijuana Stocks To Trade This Week

Cansortium Inc.

Cansortium Inc., through its subsidiaries, produces and sells medical cannabis in Florida, Pennsylvania, and Texas. Recently the company announced it has opened its 34th medical cannabis dispensary in Cocoa, Florida. This makes for the Cansortiums 37th location nationwide.

Words From The Director Of Marketing

“We look forward to servicing the Cocoa community with the first drive-thru cannabis dispensary in the area, offering friendly service and a vast assortment of products,” said FLUENT Director of Marketing David Letro. “

[Read More] Cannabis Champions: March 2024’s Top Performing US Stocks

Ayr Wellness Inc.

Ayr Wellness Inc. operates as a vertically integrated cannabis multi-state operator that cultivates, manufactures, and retails cannabis products and branded cannabis packaged goods. On March 13th the company reported its Q4 and full 2023 earnings.

Full 2023 Highlights

  • Added 10 dispensaries across AYR’s footprint, bringing the Company’s total dispensary count to 90 stores.
  • Established a vertical presence in Ohio by entering into options to acquire three Ohio dispensary licenses.
  • Announced mutual termination of AYR’s proposed acquisition of the equity interests of Gentle Ventures, LLC d/b/a Dispensary 33, and certain of its affiliates that collectively own and operate two licensed retail dispensaries in Chicago, Illinois.

By J. Samuel

Joe Samuel or (J. Samuel) is the head staff writer at J. Samuels is a Rochester, NY native who now resides in sunny and medically legal Miami, FL. He has been with the since day 1 & is an irreplaceable part of the Marijuana Stocks team!

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