Here Are 3 Marijuana Stocks For You To Know About 2024
Marijuana stock investors are watching the sector with the idea that momentum will build even more. With a continuous battle to establish better reform, more people are looking to invest. The future of the cannabis industry is moving at a fast pace. Yet to see it flourish in its entirety there will need to be some type of federal reform in place. With either the federal legalization of cannabis or banking reform it will be a huge victory in any case.
Currently, many companies are preparing to report earnings. Now even though it is always positive for a company to show solid earnings it is more than that to a degree. For instance, solid earnings don’t always mean better trading. But it can help to make better investment choices when looking for the best marijuana stocks to buy. No one wants to invest in a company that as a business is not profitable.
As well as lacking any sort of upward trading it makes it a bit tougher to feel confident in taking up a position. Nevertheless, with all that is going on, there is still time to get invested. Start doing your due diligence on the cannabis industry and the publicly traded side of the business. Once you have done so it becomes a road less traveled when looking for top cannabis companies in the stock market today. Below are several marijuana stocks to watch during this month.
Top Marijuana Stocks For Your 2024 Watchlist
Trulieve Cannabis Corp.
Trulieve Cannabis Corp. together with its subsidiaries, operates as a medical cannabis company. The company cultivates and produces products in-house and distributes its products to Trulieve branded stores in Florida, as well as through home delivery.
Recently the company announced it will be holding a conference call to discuss its Q4 financial results. The call will be on Thursday, February 9th at 8:30 am. Chairman, Founder, and Chief Executive Officer Kim Rivers and Chief Financial Officer Wes Getman will participate in the call.
[Read More] 3 Marijuana Stocks To Buy Before Federal Reform Becomes Law?
Verano Holdings Corp.
Verano Holdings Corp. operates as a vertically integrated multi-state cannabis operator in the United States.
On January 25th the company announced the opening of Zen Leaf Abington. This location is the biggest dispensary the company has opened.
Words From The CEO
“Celebrating the grand opening of Zen Leaf Abington, our largest dispensary to date, marks the culmination of tremendous efforts by our team to continuously elevate the Zen Leaf experience in service of our valued medical patients,” said George Archos, Verano Founder and Chief Executive Officer.“
[Read More] Top US Marijuana Stocks for February 2024 Watchlist
Ayr Wellness Inc.
Ayr Wellness Inc. operates as a vertically integrated cannabis multi-state operator that cultivates, manufactures, and retails cannabis products and branded cannabis packaged goods.
In recent news, the company announced the closing dates for the previously announced plan of arrangement which is set for on or close to February 7th.
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