These Marijuana Stocks Could See Higher Trading Levels This Month
Marijuana stock investors are starting to see the effects of how volatility plays a big part in the sector. This past week of trading has shown a slight increase in momentum. Much of which is based on improving rules and regulations in the cannabis industry. As well as other areas of business in the form of better quality control for cannabis.
Plus the increase in production of the growing demand for cannabis products. All of the above contribute to the speculation of what is building throughout the sector. When something big is building up or has a strong enough impact can determine the direction a cannabis stock will trade. For instance, if a company were to report negative earnings it could create a decline in trading. This is based on the fear and speculation of what is and will take place.
Now on the positive side, it works the same if the news has a positive impact it can help bring the price of the stock up. So far for the first week of April, some marijuana stocks have been able to see a bounce. Healthy trading even if it’s for a moment shows others that finding marijuana stocks to buy that can make a profit is possible. Just make sure you build a game plan and do your research.
Top Marijuana Stocks For You 2024
- Leafly Holdings, Inc. (NASDAQ:LFLY)
- WM Technology, Inc. (NASDAQ:MAPS)
- High Tide Inc. (NASDAQ:HITI)
Leafly Holdings, Inc.
Leafly Holdings, Inc. owns and operates a platform to provide consumers with cannabis information and connects consumers to cannabis brands and licensed retailers. In recent news, the company announced it has appointed two cannabis industry veterans to its board. 
Jeffrey Monat and Andres Nannetti have been added to its Board of Directors, effective March 25, 2024. Both individuals bring decades of operational and financial expertise to the board. Which is key as the Company looks to build a more durable business and strengthen its financial position.
Words From The Company
“We are very pleased to welcome Jeff and Andres to our Board,” said Yoko Miyashita, CEO of Leafly. “This group blends together an excellent set of skills and experience with connections throughout the cannabis industry.”
WM Technology, Inc.
WM Technology, Inc. provides e-commerce and compliance software solutions to retailers and brands in the cannabis market in the United States and internationally. 
The company back on February 6th the company announced the return of its annual program, “Best of Weedmaps.” This year’s award, titled “The People’s Choice,” invites the public to participate in both the nomination and voting process. Since this time the company has not released any current company news or updates.
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High Tide Inc.
High Tide Inc. engages in the cannabis retail business in Canada, the United States, and internationally. The company operates through Retail and Wholesale segments.
The company is soon to open its doors to its 5th Canna Cabana store in Mississauga Ontario on April 8th. This opening will mark High Tide’s 168th Canna Cabana branded retail cannabis location in Canada, the 59th in the province of Ontario.
[Read More] Top Marijuana Penny Stocks to Watch This April
Words From The CEO
“I am thrilled to announce our fifth Canna Cabana in Mississauga, making us the largest cannabis retailer in Canada’s fastest growing city. Our first-of-its-kind innovative discount club model coupled with a thoughtful and carefully curated retail strategy has propelled us to over 10% of market share in the provinces where we operate. All five Mississauga locations are situated in major retail power centres, surrounded by national anchor tenants with highly visible storefronts,” said Raj Grover, Founder and Chief Executive Officer of High Tide.
MAPH Enterprises, LLC | (305) 414-0128 | 1501 Venera Ave, Coral Gables, FL 33146 | new@marijuanastocks.com
