3 Marijuana Stocks For A Stronger 2024 Stock Portfolio
Marijuana stocks have seen a slight increase in momentum throughout March. Much of which has to do with the politics surrounding cannabis laws. Currently, cannabis is still federally illegal even though more than half of the USA has legalized it in some form. As well as several other regions around the world. This has been an ongoing issue for many years. Yet the cannabis industry has found a way to grow and thrive which has brought more attention to it.
More people are looking for what are the best cannabis companies to invest in. During the due diligence process learn all you can about the companies of interest. Learn how their business works are profitable and do they trade in the open market. Often more people want to the short road with maximum return when investing in legal cannabis. This is where people believe finding the best marijuana stocks to buy holds value.
Mainly because you do not need to start an actual cannabis business you can invest in and potentially profit from other existing companies. So far 2024 has shown some moments of better trading for cannabis stocks. Even with heavy amounts of volatility pot stocks could be the investment to make to see big gains this year. The companies below are some marijuana stocks to watch for the rest of the month.
Top Marijuana Stocks For Trading In 2024
Curaleaf Holdings, Inc.
Curaleaf Holdings, Inc. operates a cannabis operator in the United States. It operates through two segments, Domestic Operations and International Operations. In recent news, the company announced it will acquire Nothern Green Canada to bolster European flower supply. 
NGC also partners with Canadian GACP cultivators to produce and distribute finished cannabis products to both the domestic and global markets. NGC is one of the few Canadian cultivators with EU-GMP certification.
[Read More] The Best Marijuana Stocks To Trade In 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 Company
“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.”
[Read More] These Marijuana Stocks Could Hold Strong Long-Term Value
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. On March 13th the company reported its Q4 and full 2023 earnings. 
Full 2023 Highlights
- Added 10 dispensaries across AYR’s footprint, bringing the Company’s total dispensary count to 90 stores.
- Established a vertical presence in Ohio by entering into options to acquire three Ohio dispensary licenses.
- Announced mutual termination of AYR’s proposed acquisition of the equity interests of Gentle Ventures, LLC d/b/a Dispensary 33, and certain of its affiliates that collectively own and operate two licensed retail dispensaries in Chicago, Illinois.
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