The Best 3 Marijuana Stocks To Watch For Today’s Trading
Marijuana stock investors are looking to take profits any way they can. For some time much of the sector has lacked consistent momentum. Unless there is news or a catalyst big enough to move the sector. 2024 has a lot to offer the cannabis industry that could play out well for investors. More companies are working on many new projects and ventures. Some have partnered up with other companies and some have ramped up its current production with new products.
Right now cannabis is still on the rise as an emerging industry. Each state with a legal market is starting to see greater success with a noticeable increase in revenue. Even with no federal reform in place, the legal US market is proving how profitable things can be. During this year we will see the presidential election take place. So by chance if a cannabis-related campaign promise is made it’s possible to see a rise in trading. With no federal reform, any promise of progression for the legal cannabis industry from political power figures normally increases trading.
However, there have been times when news on the industry was still impactful but didn’t lead to a rise in trading. Nevertheless, there is still time to prepare for the future by looking for the best marijuana stocks to buy. A simple process for this is to create a watch list and learn about the companies. As well as how they trade. Form a trading strategy that will give you the best odds at taking profits. Below are several marijuana stocks to watch today.
Top Marijuana Stocks To Watch 2024
- Green Thumb Industries Inc. (OTC:GTBIF)
- Curaleaf Holdings, Inc. (OTC:CURLF)
- Verano Holdings Corp. (OTC:VRNOF)
Green Thumb Industries Inc.
Green Thumb Industries Inc. manufactures, distributes, markets, and sells cannabis products for medical and adult use in the United States. It operates through two segments, Retail and Consumer Packaged Goods.
The company has expanded its retail footprint with a new RISE dispensary. This new location is in Dunnellon and it makes for the company’s 15th location in the Sunshine State.
Words From The President
“We are thrilled to be the first dispensary to open in the City of Dunnellon, marking our second RISE location in Marion County,” said Green Thumb President Anthony Georgiadis. “Located just west of our state-of-the-art cultivation facility in Ocala, RISE Dunnellon shall offer a highly curated product selection and best-in-class service.
Curaleaf Holdings, Inc.
Curaleaf Holdings, Inc. operates a cannabis operator in the United States. It operates through two segments, Domestic Operations and International Operations. Recently the company announced it has acquired Northern Green Canada.
This deal provides Curaleaf with a strategic supply chain advantage. Particularly in key growth markets like Germany, Poland, U.K. plus an established presence in Australia and New Zealand.
[Read More] Top Marijuana Stocks For Trading This Week
Words From The Company
Boris Jordan, Executive Chairman of Curaleaf, stated, “We expect the NGC acquisition to be a highly accretive deal that marks Curaleaf’s first step into the Australasian markets, creating a true global cannabis company with global brands. It allows Curaleaf to safeguard our position in Europe, enhancing our supply chain while increasing our margins.
[Read More] Canadian Cannabis Stocks to Watch in Mid-March 2024
Verano Holdings Corp.
Verano Holdings Corp. operates as a vertically integrated multi-state cannabis operator in the United States. The company has just launched what is known as the Cabbage Club. This venture is set to be a disruption to the current format of cannabis retail with an industry membership model.
Words From The Cheif Marketing Officer
“Observing the sea of sameness across the cannabis retail landscape, we are thrilled to have created an unprecedented and innovative retail concept that disrupts the status quo with an exclusive, members-only experience for a community of passionate cannabis consumers,” said David Spreckman, Verano Chief Marketing Officer.”
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