Canadian Marijuana Stocks Are Being Watch By More People
Marijuana stock investors have been through a lot of obstacles these last few years. In 2022 the sector was just coming out of the pandemic and 2023 has been about rebuilding the sector. Still even with continued success there was increased volatile trading. Much of this volatile action is based on fears and hold-ups on regulatory concerns. For instance, there are some who fear an industry shut down due to a lack of reform. Also, cannabis is still federally illegal which has been the biggest cause of this volatility.
Even still a lot is going on in the industry that could soon help how marijuana stocks trade. More companies are producing higher revenues through new products and partnerships. This success has led to an increase in people wanting to invest. As 2024 is soon to begin right now is the time for preparation. One of the several steps to get ready for the new year is to build a watchlist of companies and research them. Watch how they perform and look up past and future business ventures.
As well as current financials and other updated info that can help with investing decisions. When you feel confident in your due diligence that is when you would start looking for marijuana stocks to buy. With how low the sector is trading you want to take up a stock position at the lowest entry level you can catch. Hopefully this year we see better trading and more chances to make profits. Below are several marijuana stocks to watch in 2024
Top Marijuana Stocks To Watch Today
- Village Farms International, Inc. (NASDAQ:VFF)
- Cronos Group Inc. (NASDAQ:CRON)
- Tilray Brands, Inc. (NASDAQ:TLRY)
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.
Recently the company announced that Michael DeGiglio, President and Chief Executive Officer, participated in a panel discussion titled Profitable LPs in Canada’s Rec Market. This panel was hosted by Pablo Zuanic of Zuanic and Associates back on Thursday, December 7, 2023.
Cronos Group Inc.
Cronos Group Inc. operates as a cannabinoid company. It manufactures, markets, and distributes hemp-derived supplements and cosmetic products through e-commerce, retail, and hospitality partner channels under the Lord Jones brand in the United States.
Back on December 15th, the company announced the launch of its highly anticipated Lord Jones® Live Resin Vapes in two different hardware options. Crafted with the discerning cannabis consumer in mind, these products embody a commitment to excellence, offering an unmatched combination of curated strains, pure live resin, and elegant high-quality hardware.
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Words From The Company
“We’re excited to introduce the latest addition to the evolving Lord Jones® lineup with premium live resin vapes. The Lord Jones® brand epitomizes excellence, and we take pride in bringing exceptional products to market that showcase our commitment to craftsmanship and innovation,” said Mike Gorenstein, President, Chairman, and Chief Executive Officer, of Cronosa.”
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Tilray Brands, Inc.
Tilray Brands, Inc. 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. The company operates through four segments: Cannabis Business, Distribution Business, Beverage Alcohol Business, and Wellness Business.
On December 21st the company announced it will report its 2nd quarter 2024 financial results on January 9th. Tilray will host a live audio webcast to discuss these results at 8:30 am Eastern Time, which can be accessed on the Investors section of Tilray’s website.
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