Top Pot Stocks To Watch In Q4 2024

Will There Be 3 Marijuana Stocks To Buy And Hold In 2025?

Marijuana stock investors are trying to follow market trends amidst the madness in the sector. As most know the cannabis sector has unpredictable trading patterns due to volatility. Over the last several years volatility for most public cannabis companies has only increased. The reason for this is based on several factors most of which have to do with the legal side of the cannabis industry.

In the USA alone more than half of the country has legalized cannabis. Yet with no federal reform, the battle remains and this worries shareholders and investors. The fear of what may occur has fueled much of the volatile patterns. Still, with all the progress taking place overall hope is alive. Outside of the market the cannabis industry and all things marijuana is on the rise. In Florida companies like Trulieve Cannabis continue to expand and grow.

As well as other MSOs around the USA that are following the same path. This expansion has not only shown to generate more income it also shows the power and legitimacy of legal cannabis. Not to mention that smooth profitable operation makes investors and people feel safer looking for top marijuana stocks to buy. Below are some cannabis stocks to watch if you are looking to invest in the sector.

Top Pot Stocks For Cannabis Investors

Innovative Industrial Properties, Inc. (NYSE:IIPR)
Chicago Atlantic Real Estate Finance, Inc. (NASDAQ:REFI)
NewLake Capital Partners, Inc. (OTC:NLCP)

Innovative Industrial Properties, Inc.

Innovative Industrial Properties, Inc. is a self-advised Maryland corporation focused on the acquisition, ownership, and management of specialized properties. iipr

Which is often leased to experienced, state-licensed operators for their regulated cannabis facilities. In recent news, the company has released its Q3 2024 earnings.

Highlights And Key Mentions

  • Generated total revenues of $76.5 million and net income attributable to common stockholders of $39.7 million
  • Recorded adjusted funds from operations (AFFO) and normalized funds from operations (Normalized FFO) of $64.3 million and $57.8 million, respectively.
  • Paid a quarterly dividend of $1.90 per common share on October 15, 2024 to stockholders of record as of September 30, 2024.

Chicago Atlantic Real Estate Finance, Inc.

Chicago Atlantic Real Estate Finance, Inc. operates as a commercial real estate finance company in the United States. REFIBack on November 7th, the company reported its Q3 2024 results.

Third Quarter 2024 Highlights

  • Net interest income of approximately $14.5 million as of September 30, 2024, compared to $13.2 million as of June 30, 2024.
  • Interest expense decreased by approximately $0.1 million due to lower weighted average borrowings during the comparative period ending June 30, 2024.
  • Total expenses of approximately $4.2 million before provision for current expected credit losses, representing a sequential decrease of approximately 1%.

[Read More] 3 Marijuana Stocks For Today’s Watchlist

NewLake Capital Partners, Inc.

NewLake Capital Partners, Inc. is an internally managed real estate investment trust that provides real estate capital to state-licensed cannabis operators through sale-leaseback transactions. NLCP LOGO

As well as third-party purchases and funding for build-to-suit projects. Mid November the company also reported its Q3 2024 financial earnings.

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Q3 2024 Financial And Operational Highlights

  • Revenue totaled $12.6 million.
  • Net income attributable to common stockholders totaled $6.4 million.
  • Funds From Operations (“FFO”)(1) totaled $10.3 million.
  • Adjusted Funds From Operations (“AFFO”)(1) totaled $10.8 million.
  • Cash and cash equivalents as of September 30, 2024, were $19.8 million, with
  • $12.2 million committed to fund building and tenant improvements.

MAPH Enterprises, LLC | (305) 414-0128 | 1501 Venera Ave, Coral Gables, FL 33146 | new@marijuanastocks.com
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