Will These 3 Marijuana Make Investors Profit
Right now could be seen as a good time for marijuana stock investors. When there is a lot of politics surrounding the sector there can be a lot of up-and-down trading. The promise and hope of a better cannabis industry bring most marijuana stocks up in price. This is where most would take the chance and take some profits. Now if the politics were not in opposition to better industry it would result in a drop in trading.
Even though a decline in stock price is bad for shareholders it can be a time for others to find top marijuana stocks to buy. With how volatility plays a big role in cannabis stocks better reform could be the answer to limit volatility in the future. Yet there are other things to consider when trying to find ways to invest in cannabis stocks. You would want to take the time and do your research.
Find out what companies are doing and which ones are making the most headway. What this means is to find which companies are the most profitable or making a positive impact on the sector. Often these companies are the first to see a rise in trading when the moment begins to build. Below are several marijuana stocks to watch for better trading this week.
Top Marijuana Stocks To Watch Right Now
- Acreage Holdings, Inc. (OTC:ACRHF)
- Ayr Wellness Inc. (OTC:AYRWF)
- Green Thumb Industries Inc. (OTC:GTBIF)
Acreage Holdings, Inc.
Acreage Holdings, Inc. operates in the cannabis industry in the United States. In recent news, the company has entered into an amended and restated credit agreement. 
The New Lender advanced US$65 million with an original issue discount of 10%, being US$6.5 million.
Key Mentions
- Approximately $8 Million of Net Proceeds for Acreage provides funds to fuel growth
- The new maturity date of September 2027 enables additional financial flexibility
Ayr Wellness Inc.
Ayr Wellness Inc. operates as a vertically integrated multi-state cannabis operator that cultivates, manufactures, and retails cannabis products and branded cannabis packaged goods. On September 18th the company announced changes to its management. David Goubert has stepped down as the President and Chief Executive Officer of the Company. 
Mr. Goubert served as President of the Company from October 12, 2022, and as Chief Executive Officer of the Company from February 13, 2023. The Board has approved the appointment of Steven M. Cohen as Interim Chief Executive Officer of the Company, effective immediately.
[Read More] Top Marijuana Stocks In The Stock Market Today
Green Thumb Industries Inc.
Green Thumb Industries Inc. manufactures, distributes, markets, and sells cannabis products for medical and adult use in the United States. Recently the company announced a $50 million share repurchase program. 
The repurchase program authorizes, pursuant to a normal course issuer bid, the repurchase of up to 10,573,860 of its Subordinate Voting Shares (“Shares”) from time to time over the next 12 months. Under the Company’s previous repurchase program that expired on September 10, 2024, Green Thumb repurchased 6.5 million shares for $73.3 million.
[Read More] Best Ancillary Cannabis Stocks Poised for Growth Before Q4 2024
Words From The Company
“We continue to believe in the value-creating nature of share buybacks done at attractive prices,” said Green Thumb Founder, Chairman and Chief Executive Officer Ben Kovler.”
MAPH Enterprises, LLC | (305) 414-0128 | 1501 Venera Ave, Coral Gables, FL 33146 | new@marijuanastocks.com
