Top Marijuana Stock Picks 2024
Marijuana stock investors are keeping watch for the next investment opportunity. For some time there has been a rise in market volatility in the cannabis sector. This has been both positive and negative for shareholders and investors. The upside to volatility is that when there is a pullback it gives people a chance to find top marijuana stocks to buy. But it’s the price point and how low shares typically cost. Now the upside is having a volatile rise in trading and this is when people would take profits.
With how the sector has been over the last several months people feel the future is where the big gains will be made. There have been continued hold-ups and letdowns when it comes to federal reform. Which has been the biggest catalyst for most marijuana stocks when there is progressive news. What people are seeing now is more success out of the market than inside it.
This is helping to restore the confidence of those who were on the fence about investing in marijuana stocks. Some felt with no federal reform in place there was still that possibility of an industry-wide shutdown. Now this is not likely to happen as almost every state in the USA has a legal cannabis market. For those looking to invest remember to do your research and establish a game plan that fits your trading style. The companies below are some marijuana stocks to watch this month.
Top Marijuana Stocks To Watch Today
- Tilray Brands, Inc. (NASDAQ:TLRY)
- Village Farms International, Inc. (NASDAQ:VFF)
- IM Cannabis Corp. (NASDAQ:IMCC)
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.
In recent news, the company launched its special edition 420 IPA. This is a partnership with the Georgia Aquarium, one of the top aquariums in the world. SweetWater will donate proceeds from the special-edition 420 IPA sales to Georgia Aquarium.
Words From The Company
We’re excited to launch this partnership with Georgia Aquarium, one of the largest aquariums in the world as their work on ocean conservation and mission to protect marine life perfectly fits with SweetWater’s long-standing commitment to protect water and critical ecosystems,” said Terry Hopper, VP of Sales, Tilray Beer.
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.
In more recent news the company announced the introduction of a newly formulated lineup of vapes. The new 1g cartridges are optimized to deliver flavor and balanced vaporization, allowing consumers to enjoy their vape from start to finish.
[Read More] Cannabis Investing 2024 Top Marijuana Stocks To Watch
Words From The Company’s President
“We recognized that our old vape offering was simply not up to the standards we set for ourselves at Pure Sunfarms. With completely new hardware and flavors, we finally feel that we have a competitive suite of products to bring to market. Our new vape lineup appeals to consumers who are looking for great new flavors and high potency,” says Orville Bovenschen, President, of Pure Sunfarms.
[Read More] Top Ancillary Cannabis Stocks for November 2023
IM Cannabis Corp.
IM Cannabis Corp. engages in the breeding, growing, and supplying of medical cannabis products in Israel and Germany. Back on October 13th, the company released a message from the CEO about the Israel-Hamas war.
As well as announcing the securing of C$1,390,000 in short-term debt. IMC, through IMC HoldCo, entered into a series of short-term loans on October 3rd, 10th, and 11th, respectively, for aggregate gross proceeds of NIS 4,082,000 (approximately C$1,390,000) from certain lenders, including a director and officer of the Company.
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