These Marijuana Stocks Could See Upward Momentum This Week
Marijuana stocks continue to see a drop in trading. Yet what does this mean for investors? For the last week, the market overall has seen a downward slope due to fears of recession and war. Nevertheless, this could be a time to prepare for the future. Whenever a sector has a pullback in trading this can be a time to pick up shares for low entry points.
You always want to buy as low as you can and sell as high as you can. So when there is a drop in trading below what the company normally would fall this is a buying indicator. Now before you go off to find the best marijuana stocks to buy you want to make sure you are prepared. The preparation should be doing your research on the sector and the companies of interest.
Watch how they trade in volatile moments and get familiar with any trading patterns the company exhibits That way when a drop in trading happens you can be ready to take up a position. As mentioned above now is a time to prepare for the future as there is much speculation occurring. Still with more to be done for the legal cannabis industry people are on the lookout for new investment opportunities. The companies below are several marijuana stocks to watch as the sector continues its volatile behavior.
Top Marijuana Stocks To Watch 2024
- Verano Holdings Corp. (OTC:VRNOF)
- Jushi Holdings Inc. (OTC:JUSHF)
- GrowGeneration Corp. (NASDAQ:GRWG)
Verano Holdings Corp.
Verano Holdings Corp. operates as a vertically integrated multi-state cannabis operator in the United States. 
In recent news, the company has entered into an agreement with The Cannabist Company. This was done to acquire one of its Virginia licenses and associated operations. As well as its Arizona operations.
Deal Highlights
- The Virginia Operations include one cultivation and production facility and six dispensaries.
- Virginia’s cannabis program is uniquely and attractively structured in that the
- Commonwealth is split into five Health Service Areas (HSAs) with only one cannabis operator and retailer permitted to service each HSA.
- Verano will become the sole cannabis operator and retailer for HSA 5 in Eastern Virginia.
- HSA 5 is home to nearly two million residents, serving populated areas such as Virginia Beach, Chesapeake, and Norfolk.
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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. At the end of July, the company announced it had refinanced its existing 1st lien credit facility with a $48.5 million term loan. 
This would strengthen its capital structure with no debt maturities until 2026. The Term Loan is guaranteed by certain current and future direct and indirect subsidiaries of the Company. Plus secured by first priority liens on certain assets of the Company and certain of the Company’s direct and indirect subsidiaries.
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GrowGeneration Corp.
GrowGeneration Corp., through its subsidiaries, owns and operates retail hydroponic and organic gardening stores in the United States. 
On July 24 the company announced they have scheduled a conference call to go over its Q2 2024 earnings. The date set for this call is August 8th.
MAPH Enterprises, LLC | (305) 414-0128 | 1501 Venera Ave, Coral Gables, FL 33146 | new@marijuanastocks.com
