3 Marijuana Stocks To Follow For Better Trading
As we approach the end of the month some marijuana stocks could see a rise in trading. Much of the sector is volatile as most know and has played a significant role in unpredictable trading patterns. It can be tough to gauge exactly what or when a particular pot stock may see an increase in trading level. But that has not stopped people from taking interest and investing.
There have been major improvements and success for a bulk of the cannabis industry which on the right day has led to seeing better trading. Now much of the better trading for marijuana stocks has been due to news on reform. Speculation is a big part of investing as anything can still impact the industry. Overall there is no federal reform set in place so there is room for more legalities to impact trading. But even without federal reform, people have been keeping watch for the right time to find marijuana stocks to buy.
Anytime volatility is a factor it can be difficult to know when to take up a position. The last thing anyone investing wants is to see their entry position fall. This would make things a challenge for any investors. But with a game plan research and patience, it’s possible to take advantage of investing in top marijuana stocks.
Top Marijuana Stocks For Investors
- Trulieve Cannabis Corp. (OTC:TCNNF)
- Curaleaf Holdings, Inc. (OTC:CURLF)
- GrowGeneration Corp. (NASDAQ:GRWG)
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 announced it has opened a new dispensary in New Port Richey, Florida.
Words From The Company
“We are proud to open our second dispensary in New Port Richey,” said Trulieve’s Chief Executive Officer Kim Rivers. “We look forward to bringing more of Trulieve’s renowned quality, service, and value to patients in Pasco County.”
Curaleaf Holdings, Inc.
Curaleaf Holdings, Inc. operates a cannabis operator in the United States. It operates through two segments, Domestic Operations and International Operations. 
Recently the company has opened a new dispensary located in Destin Florida. This new location in Destin expands the Company’s retail presence to 64 dispensaries in Florida and 150 nationwide.
Words From The CEO
“We are thrilled to broaden our reach in Florida as we open up our latest dispensary beachside in Destin,” said Matt Darin, CEO of Curaleaf. “We are committed to the expansion of our retail presence in Florida, proudly bringing our total retail footprint to 64 dispensaries statewide and 150 nationwide. It’s been clear to us since we began serving the Florida medical market in 2016 that this state appreciates and values access to tested, regulated cannabis.”
[Read More] Top Marijuana Stocks to Watch Right Now: Promising Investments in the Cannabis Industry
GrowGeneration Corp.
GrowGeneration Corp., through its subsidiaries, owns and operates retail hydroponic and organic gardening stores in the United States. 
On August 8th the company reported its Q2 2024 financial results.
[Read More] 2024’s Top US Marijuana Stocks: Double-Digit Percentage Gains Year to Date
Highlights And Key Mentions
- Net sales increased 11.8% quarter-over-quarter to $53.5 million;
- Proprietary brand sales as a percentage of Cultivation and Gardening net sales increased to 21.5% as compared to 16.7% in the same prior year period;
- Gross profit margin of 26.9%, a 110 basis point sequential improvement and an increase from 26.8% in the comparable 2023 period;
- Operating expenses decreased $2.5 million from the second quarter of 2023 to $20.9 million in the second quarter of 2024;
- Net loss of $5.9 million, a sequential improvement of $2.9 million;
- Adjusted EBITDA(1) loss of $1.1 million, a sequential improvement of $1.7 million; and
- Cash, cash equivalents, and marketable securities of $56.0 million and no debt.
MAPH Enterprises, LLC | (305) 414-0128 | 1501 Venera Ave, Coral Gables, FL 33146 | new@marijuanastocks.com
