Best Marijuana Stocks To Watch This Week In May

Here Are the Top Marijuana Stocks To Know Today

Many investors see cannabis stocks as a profitable long-term investment. There has been heavy speculation with all the politics going. Recently Joe Biden expressed his efforts to make sure federal reform is put into action. But is this just a ploy to win votes or a true path towards a better and fair future for legal cannabis operators? The news on the matter has led to a rise in trading and what seems to be continuous momentum for now.

Much of this is based on speculation as no one knows what the future will hold. But with all the news surrounding reform, it gives hope to investors and so they begin to buy and sell. Right now many see the long term as where the big money is at for marijuana stocks. Even if you have been able to use volatility to your advantage once better reform is set in place it could lessen some of the volatile trading.

Nevertheless, there is still much to be done as progress is made daily. So if you can adjust your strategy to how the market reacts to different factors you could be more profitable. Make sure to do your homework beforehand and establish a trading plan that works for you and your goals. Below are some marijuana stocks to watch in today’s cannabis sector for better all-around trading.

Top Marijuana Stocks For Cannabis Investing

  1. Jushi Holdings Inc. (OTC:JUSHF)
  2. Verano Holdings Corp. (OTC:VRNOF)

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. On May 9th the company reported its Q4 2024 financial highlights.

First Quarter 2024 Financial Highlights

  • Total revenue of $65.5 million
  • Gross profit and gross profit margin of $32.3 million and 49.4%, respectively
  • Net loss of $18.4 million
  • Adjusted EBITDA1 of $13.3 million, an improvement of $5.7 million year-over-year
  • Adjusted EBITDA1 margin of 20.4%
  • Cash, cash equivalents, and restricted cash of $30.6 million as of quarter end
  • Net cash flows provided by operations of $6.5 million

[Read More] These Marijuana Stocks Could Soon Rise In Momentum

Verano Holdings Corp.

Verano Holdings Corp. operates as a vertically integrated multi-state cannabis operator in the United States. Recently the company announced it has propelled its retail footing in central Florida. VRNOF
This was accomplished with the opening of MÜV Haines City. This new location makes for Vernano’s 75th location in Florida and 140th retail dispensary in the nation.

[Read More] Top Ancillary Cannabis Companies Revolutionizing the Industry

Words From The President Of The Southern Region

“We’re thrilled to bring the MÜV experience to Haines City, where we’ll offer the local patient community access to our wide variety of high-quality products, extensive cannabis expertise, and patient-centric care,” said John Tipton, President of the Southern Region. “Given the historic opportunity Floridians have to end cannabis prohibition this November at the ballot box, we’re excited to welcome patients in Haines City and broaden our retail footprint during this pivotal time for cannabis in the Sunshine State.”

MAPH Enterprises, LLC | (305) 414-0128 | 1501 Venera Ave, Coral Gables, FL 33146 |
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