Here Are Some Top Marijuana Stocks To Follow Today
Marijuana stock investors this past week were able to see slight jumps in trading. For some, a small increase in stock price may not be major but in cannabis it is. This is due to the level of volatile trading that often leads to a downtrend. Yet with all that is going on in the cannabis sector, positive speculation has led to moments of better trading. Back in 2023, many were on the hunt for the best marijuana stocks to buy. At this time there were some strong buying opportunities that are now paying off for some.
Still, investors feel another big run is set to occur at some point in the near future. The outlook is the more regulated the industry becomes in conjunction with passing federal reform the more sustainable upward trading will become. Now this is not a for sure thing as anything can happen. But this is what many feel will take place due to moments in the past and how cannabis stocks react to positive news on reform.
Also, companies have been reporting their 2023 full-year and Q4 earnings. Some companies have shown an increase in revenue or production in some form which is good for shareholders to see. The better a company does as a business the better the odds of seeing a rise in momentum. Below are several marijuana stocks to watch in today’s market.
Top Marijuana Stocks For Better Trading
- Greenlane Holdings, Inc. (NASDAQ:GNLN)
- Lowell Farms Inc. (OTC:LOWLF)
- TILT Holdings Inc. (OTC:TLLTF)
Greenlane Holdings, Inc.
Greenlane Holdings, Inc. develops and distributes cannabis accessories, vape solutions, and lifestyle products in the United States, Canada, and Europe. On November 27th the company announced the receipt of Nasdaq listing deficiency notice. The company is not currently in compliance with Nasdaq’s Listing Rules. This is due to Greenlane’s inability to timely file its Quarterly Report on Form 10-Q. 
The Notice does not immediately affect the listing or trading of the Company’s securities. According to Listing Rule 5250(c)(1), the Company was required to file the Form 10-Q by November 14, 2023. The Company previously reported its inability to file Form 10-Q by the Due Date on Form 12b-25, which the Company filed with the SEC on November 15, 2023. Currently, the Company is working diligently to complete the Form 10-Q and anticipates filing the Form 10-Q as soon as possible.
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Lowell Farms Inc.
Lowell Farms Inc. engages in the cultivation, extraction, manufacturing, sale, marketing, and distribution of cannabis products to retail dispensaries in California.
On February 14th, 2024 the company announced Jamie Schniedwind as Chief Financial Officer. The official start date for the new CFO was February 16th.
Words From The Company
“Jamie has been a key part of the Lowell team for the past two years and has worked alongside the finance team to implement crucial processes as well as drive efficiencies company-wide,” said Mark Ainsworth, CEO of Lowell Farms. “As CFO of Lowell Farms, Jamie’s comprehensive experience in finance and accounting will support the company in this competitive cannabis industry.”
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TILT Holdings Inc.
TILT Holdings Inc. operates in the cannabis industry in the United States, Canada, Israel, Mexico, South America, and the European Union. 
It operates through Cannabis, Accessories, and Other segments. In recent news, the company has reported its Q4 and full 2023 results.
Q4 2023 Financial Summary
- Revenue was $37.5 million in the three months ended December 31, 2023, compared to $44.3 million in the prior year period.
- Gross profit was $3.6 million and gross margin was 9.5% in the three months ended December 31, 2023.
- Adjusted gross margin (non-GAAP), or gross margin excluding non-cash inventory adjustments, in the three months ended December 31, 2023, was 14.1%
- Net loss was $22.0 million in the three months ended December 31, 2023, compared to a net loss of $73.1 million in the prior year period.
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