2 Marijuana Stocks To Keep On Your Radar This Week
Many have fears about the future of marijuana stock investing. Even with great success and more regions voting for legal cannabis why are some still scared to pull the trigger? Could it be its continued volatile trading causing an uneasy counterbalance between one moment being up and the next down? Or is it the politics and legal matters that seem to never get solved in a way that favors operators who are true patrons of the industry?
With all of the above legal cannabis continues to bloom while smaller craft farmers get fazed out leaving only corporate cannabis to take over. Some investors who understand the industry in full see this as an issue. Others see it as a means to legitimize the industry more corporate structure which is not what cannabis culture is about. Yes, people do profit from the plant but there are also cultural and communal aspects to the industry as well that are also getting eliminated.
This could make more traditional investors feel safer in a way to put their money in a once highly illegal crop. Today is a different landscape for legal cannabis and whether you are for culture or not you can still profit in a way that doesn’t hurt legal legacy growers and brands. Marijuana stocks represent a chance to invest in the future and invest in the companies pushing the culture in the right direction. Below are some cannabis stocks to watch for those wanting to learn about top publicly traded cannabis companies in 2024.
Marijuana Stocks To Know In 2024
- Trulieve Cannabis Corp. (OTC:TCNNF)
- Green Thumb Industries Inc. (OTC:GTBIF)
Trulieve Cannabis Corp.
Trulieve Cannabis Corp., together with its subsidiaries, operates as a cannabis retailer. The company cultivates, processes, and manufactures cannabis products and distributes its products to its dispensaries, as well as through home delivery.
In recent news, the company is continuously expanding amid Florida’s upcoming bill to pass recreational cannabis. On October 18th the company is preparing for the opening of its dispensaries in Bonita Springs and St. Augustine.
[Read More] These Marijuana Stocks Could Be Profitable Investments In 2024
Green Thumb Industries Inc.
Green Thumb Industries Inc. manufactures, distributes, markets, and sells cannabis products for medical and adult use in the United States. It operates through two segments, Retail and Consumer Packaged Goods.
In early October the company announced it will hold a Q3 2024 earnings call. The company has set November 7th as the date for this upcoming conference call. As well Green Thumb Industries Inc. will release third quarter 2024 financial results after the market closes on that same day.
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