These Top Marijuana Stocks Could See New Highs In 2025
The cannabis industry has experienced a significant change since the year 2000. Legal cannabis has evolved from a largely underground space dominated by illegal grows and sales to a thriving legal sector. Which has the power to show robust economic potential. Originally, most cannabis businesses faced enormous scrutiny and legal barricades. Yet a growing trend for legalization and decriminalization has shifted public perception and regulatory circumstances in countless regions throughout the globe.
This is why many are trying to learn about the sector so they can find ways to invest and get involved. It seems that instead of investing in a startup marijuana stocks hold the shortest road to enter the space. Now with cannabis stocks, there is something to know. First cannabis is still federally illegal and this factor is the main contributor to why the sector is volatile.
The uncertainty of whether the industry will be legal like alcohol and tobacco is yet to be seen. However, the amount of success and continued progress keep people optimistic about finding pot stocks to buy. You also should do your research on companies and create a watch list and trading plan. This will give you the best head start if you are new to investing in cannabis. Below are several marijuana stocks to watch heading into 2025.
Top Marijuana Stocks For Your Watchlist
- The Cannabist Company Holdings Inc. (OTC:CBSTF)
- Curaleaf Holdings, Inc. (OTC:CURLF)
- Cresco Labs Inc. (OTC:CRLBF)
The Cannabist Company Holdings Inc.
The Cannabist Company Holdings Inc. engages in the cultivation, development, production, home delivery, and dispensary of cannabis products in the United States and internationally.
In recent news, The Cannabist and Ric Flair Drip launch their partnership in Delaware. The Delaware debut of the Ric Flair Drip collection features all-in-one 1-gram vapes and vape cartridges in four curated flavors.
Words From The Company
“It’s an amazing and fun opportunity to work with legends like Ric and we’re stoked to kick off this partnership in Delaware just ahead of the market’s launch of adult-use sales later next year. Ric is such a dynamic personality, and his brand is already generating a lot of buzz around the industry,” said Jesse Channon, President, The Cannabist Company.
Curaleaf Holdings, Inc.
Curaleaf Holdings, Inc. operates a cannabis operator in the United States. It operates through two segments, Domestic Operations and International Operations.
Back in November 2024, the company reported its Q3 financial results.
Q3 Key Mentions And Highlights
- Net Revenue of $330.5 million, a year-over-year decrease of 1% compared to Q3 2023 revenue of $333.2 million. Sequentially, net revenue decreased 3%
- Gross profit of $160.5 million and gross margin of 49%
- Adjusted gross profit(1) of $161.3 million and adjusted gross margin(1) of 49%, an increase of 312 basis points year-over-year
- Net loss attributable to Curaleaf Holdings, Inc. of $44 million from continuing operations or net loss per share from continuing operations of $0.07
[Read More] Top Marijuana Stocks For Long-Term Players
Cresco Labs Inc.
Cresco Labs Inc., together with its subsidiaries, cultivates, manufactures, and sells retail and medical cannabis products in the United States.
On November 8th the company released its Q3 2024 earnings.
[Read More] Top Ancillary Cannabis Stocks to Watch Before 2025
Third Quarter 2024 Highlights
- Third quarter revenue of $180 million.
- Gross profit of $93 million. Adjusted gross profit1 of $95 million; and an Adjusted gross margin1 of 53% of revenue, a 250 bps improvement year-over-year.
- SG&A of $57 million. Reduced Adjusted SG&A1 by 6% year-over-year to $53 million, or 30% of revenue.
- Net loss of $8 million.
- Third quarter Adjusted EBITDA1 of $51 million, up 5% year-over-year; and
- Adjusted EBITDA margin1 of 29%, a 280 bps improvement year-over-year.
- Record third quarter operating cash flow of $49 million and Free Cash Flow1 of $43 million.
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