These Marijuana Stocks Could Trade Better With Stronger Momentum
What are some of the fears marijuana stock investors have? For most, it would be buying shares and watching them fall below your entry position. This would mean you are in the negative and not able to take profits. With how unpredictable cannabis stocks can be this is fear for some. Other fears include more hold-ups with regulatory concerns for each legal state.
Right now there is a big issue with state-level taxes and how they are hurting smaller cannabis operators not to mention other regulatory concerns that deal with people wanting more access to join the cannabis industry. So for example affordable licensing for those who want to start a grow or dispensary. While all of these things are matters to smooth out federal reform and the consistent letdowns and delays have had a major impact on how people feel about finding marijuana stocks to buy.
With federal reform in place, it would ease worries and restore faith in those who are invested in legal cannabis. As it stands marijuana is still federally illegal. But this could soon change with the DEA feeling it’s time to change the scheduling on cannabis. If and when this does occur it’s possible to see a big jump in trading. To prepare for future gains the marijuana stocks to watch below could add value to your 2024 portfolio.
Top Marijuana Stocks To Watch Today
- High Tide Inc. (NASDAQ:HITI)
- Greenlane Holdings, Inc. (NASDAQ:GNLN)
- Village Farms International, Inc. (NASDAQ:VFF)
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. On August 2nd the company announced the closing of 15$ in subordinated debt facility.
The Debentures will mature on July 31, 2029, and bear interest at a fixed rate of 12% per annum on drawn amounts, payable quarterly. The Debentures are governed by the terms and conditions of a debenture trust indenture between the Company and Olympia Trust Company in its capacity as trustee and collateral agent.
Greenlane Holdings, Inc.
Greenlane Holdings, Inc. engages in the development and distribution of cannabis accessories, vape devices, and lifestyle products in the United States, Canada, and Europe. It operates in two segments, Consumer Goods and Industrial Goods.
In recent news, the company’s Vapor.com was named top the USA Today’s list of America’s Top Online Retail Shops. In partnership with the data analysis company Plant A Insights, USA Today interviewed about 45,000 consumers and collected more than 267,000 retailer reviews. Consumers evaluated experiences where they bought items or got information about products in the last three years.
Words From The Company
“Our customers are at the heart of everything we do, and we are passionate in our focus and care for them,” said Barbara Sher, Chief Executive Officer for Greenlane. “Key to this work is the delivery of exceptional, seamless shopping experiences online every single time our customers visit us.”
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Village Farms International, Inc.
Village Farms International, Inc., together with its subsidiaries, produces, markets, and sells greenhouse-grown tomatoes, bell peppers, and cucumbers in North America. It operates through four segments: Produce, Cannabis-Canada, Cannabis-U.S., and Energy. 
Recently the company announced it has received a Cannabis Research Licence from Health Canada under the Cannabis Act. This authorization enables ROSE to focus on cannabis product innovations and developments.
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Words From The CEO
“This licence increases our capacity to drive innovation, from fine-tuning strain profiles to identifying and validating value-added technologies,” said Davide Zaffino, President and CEO, ROSE. “With the freedom to test products internally, our ability to serve the customer and consumer improves.”
MAPH Enterprises, LLC | (305) 414-0128 | 1501 Venera Ave, Coral Gables, FL 33146 | new@marijuanastocks.com
