Top Pot Stocks For 2024 Gains

3 Top Marijuana Stocks Could Bring Your Portfolio More Value

Marijuana stock investors have been through many ups and downs dealing with legal cannabis. From regulatory issues to companies keeping up with consumers and various hold-ups with reform. In addition to the many other concerns that affect the sector. All of which has played an instrumental part in how marijuana stocks trade. Not to mention with all the above occurring simultaneously it has only caused more volatility.

Now even with volatility being an asset in some form, it has created more issues. The uncertainty that the sector brings has led to inconsistent trading making it difficult to see the gains investors want. What is hard to grasp is even with all this occurring the industry is profiting and growing. However, this progress has not reflected the same on the publicly traded side of the sector. Some companies depending on the news may see a rise in trading while others fall in price.

At one point in time, cannabis stocks saw better trading moments from just one piece of company news. In fact, if the news was impactful enough it could help bring in some momentum for other cannabis stocks as well. Speculation has played a major role for investors and those who work in the industry. 2024 so far has been better for marijuana stock with more to be seen and done. This year could be a big turnaround for marijuana stocks based on the progress of the industry as a whole. The companies mentioned are some marijuana stocks to watch this week.

Top Marijuana Stocks For 2024

  1. Jushi Holdings Inc. (OTC:JUHSH)
  2. Verano Holdings Corp.(OTC:VRNOF)
  3. Greenlane Holdings, Inc. (NASDAQ:GNLN)

Jushi Holdings Inc.

Jushi Holdings Inc., a vertically integrated cannabis company, engages in the cultivation, processing, retail, and distribution of medical and adult-use products.

Jushi pot stocks

In recent news the company on March 13th the company reported its Q4 and full 2023 financial results.

Highlights And Key Mentions Q4 2023

  • Total revenue of $67.8 million
  • Gross profit of $27.2 million, an increase of 24.0% year-over-year
  • Net loss of $18.0 million
  • Adjusted EBITDA1 of $11.3 million, an improvement of $5.3 million year-over-year
  • Adjusted EBITDA1 margin of 16.7%
  • Cash, cash equivalents, and restricted cash were $31.3 million
  • Net cash flows provided by operations of $4.5 million

[Read More] These Marijuana Stocks Could Hold Strong Long-Term Value

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. VRNOF

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] The Best Marijuana Stocks For New Investors

Greenlane Holdings, Inc.

Greenlane Holdings, Inc. develops and distributes cannabis accessories, vape solutions, and lifestyle products in the United States, Canada, and Europe. On November 27th the company announced the receipt of Nasdaq listing deficiency notice. The company is not currently in compliance with Nasdaq’s Listing Rules. This is due to Greenlane’s inability to timely file its Quarterly Report on Form 10-Q. GNLN

The Notice does not immediately affect the listing or trading of the Company’s securities. According to Listing Rule 5250(c)(1), the Company was required to file the Form 10-Q by November 14, 2023. The Company previously reported its inability to file Form 10-Q by the Due Date on Form 12b-25, which the Company filed with the SEC on November 15, 2023. Currently, the Company is working diligently to complete the Form 10-Q and anticipates filing the Form 10-Q as soon as possible.

MAPH Enterprises, LLC | (305) 414-0128 | 1501 Venera Ave, Coral Gables, FL 33146 |
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