Here Are Ways To Invest In The Best Marijuana Stocks
When it comes to looking for marijuana stocks to buy oftentimes people use some type of guideline For example you would not just invest in any cannabis company. You would want to make sure that the company was in good standing with its business. So you would want to make sure the company’s finances are in order. What this means is showing that they are profitable or working towards it.
Maybe a company is working on several projects or partnering up with another. When you do your research and see more progress and success from a company it’s a good way to gauge if it’s worth investing in. However, there have been times when a company can have success in the market but it doesn’t match its business. As well there are moments when a company is not trading well but is profitable and successful as a business.
The takeaway and guide should be to find marijuana stocks that show the best upside overall. Progress as a company and some type of upward trading when the sector sees more momentum. Also being able to recognize any type of trading pattern would be a big plus. Especially with how volatile the cannabis sector can be. In 2024 there is much to look forward to as the cannabis industry continues to grow. The cannabis companies below are several marijuana stocks to watch.
Top Marijuana Stocks To Watch 2024
- Trulieve Cannabis Corp. (OTC:TCNNF)
- Verano Holdings Corp. (OTC:VRNOF)
- Jushi Holdings Inc. (OTC:JUSHF)
Trulieve Cannabis Corp.
Trulieve Cannabis Corp., together with its subsidiaries, operates as a cannabis retailer. The company cultivates, processes, and manufactures cannabis products and distributes its products to its dispensaries, as well as through home delivery. In recent news, the company announced it will hold its first quarter 2024 results.
This release will be done by a conference call on May 9th. Chairman, Founder, and Chief Executive Officer Kim Rivers and Chief Financial Officer Wes Getman will participate in the call to review Trulieve’s financial and operating results.
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Verano Holdings Corp.
Verano Holdings Corp. operates as a vertically integrated multi-state cannabis operator in the United States. On April 3rd the company announced it will report its first quarter 2024 financial.
A conference call and webcast with analysts and investors is scheduled for May 8, 2024, at 8:30 a.m. ET / 7:30 a.m. CT to discuss the results and answer investor and participant questions.
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Jushi Holdings Inc.
Jushi Holdings Inc., a vertically integrated cannabis company, engages in the cultivation, processing, retail, and distribution of cannabis for medical and adult-use markets. On April 15th the company announced it has appointed Todd West as Chief Operating Officer.
However Mr. West began this position on April 12th. Mr. West brings over 25 years of operations management experience in retail, manufacturing, and wholesale. This includes five years in cannabis with his most recent role being Executive Vice President of Operations at Cresco Labs Inc.
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