These 3 Marijuana Stocks Could See A Rise In Trading
Marijuana stock investors are staying as optimistic as they can. With 2024 just starting there is much to look forward to. We have the ongoing battle to pass some type of federal reform. 2024 is an election year and already promises are being made by various politicians that cannabis reform will be a priority. Now these types of promises have been made in the past with little to no follow-through.
Yet when there is news on the subject that is positive often cannabis stocks react well in the market. Although cannabis has been around for many years the legal market is still fairly young. With more companies producing products and services for the cannabis industry comes the potential for more opportunity. Legal cannabis has done more than just make large amounts of revenue.
It has also provided more jobs for those looking for work. For example, you can be a budtender or someone who works for an ancillary company. The bottom line is legal cannabis is doing more good than harm regardless of personal opinion. From this success, people want to find a way into the industry which is why marijuana stocks have value in that sense. Just make sure you do your homework and learn about the sector and the companies in it. The companies mentioned are just some marijuana stocks to watch in 2024 for better trading.
Marijuana Stocks To Watch In The Stock Market 2024
- Trulieve Cannabis Corp. (OTC:TCNNF)
- Green Thumb Industries Inc. (OTC:GTBIF)
- Curaleaf Holdings, Inc. (OTC:CURLF)
Trulieve Cannabis Corp.
Trulieve Cannabis Corp., together with its subsidiaries, operates as a medical cannabis company. The company cultivates and produces products in-house and distributes its products to Trulieve branded stores (dispensaries) in Florida.
As well as through home delivery. In recent news, the company announced the appointment of Marie Zhang as Chief Operating Officer.
Words From Kim Rivers
“Ms. Zhang has amassed extensive supply chain and leadership experience serving in C-suite and senior executive levels at various global companies in the agriculture, CPG, multi-unit retail, and restaurant industries,” said Kim Rivers, CEO of Trulieve. ”
Green Thumb Industries Inc.
Green Thumb Industries Inc. engages in the manufacture, distribution, and sale of various cannabis products for medical and adult use in the United States.
On December 13th the company announced it opened a RISE dispensary in Port Orange Florida. This makes for the Green Thumb Industries’ 90th retail location in the nation.
Words From GTBIF President
“We are thrilled to expand our presence on the east coast of Florida with the opening of RISE Port Orange,” said Green Thumb President Anthony Georgiadis. “This store marks our first RISE location in Volusia County and the seventh new store we have opened in the Sunshine State this year. We look forward to welcoming more patients to the RISE experience and making a positive impact in the local community.”
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Curaleaf Holdings, Inc.
Curaleaf Holdings, Inc. operates a cannabis operator in the United States. It operates through Domestic Operations and International Operations segments. Recently the company announced it is expanding its Zero Proof™ brand portfolio.
This is being done with the launch of Stir Fast-Acting THC Beverage Mix. Stir by Zero Proof is now available at all Curaleaf locations in Illinois, and is sold wholesale to dispensaries across the state.
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Words From The CEO
“Curaleaf is committed to delivering innovative, high-quality cannabis products in a variety of form factors to serve the needs of our patients and customers at all stages of their cannabis journeys,” said Matt Darin, CEO of Curaleaf.
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