These Marijuana Stocks Could Soon See Better Trading
The future progress of the cannabis industry can mean big things for marijuana stocks. How you may ask? Well, this year there is a lot more hope and belief federal reform will be passed. At this time there is a bill that would lower cannabis to a Schedule 3 narcotic. If passed this would be a major victory for the US cannabis industry. All while more states are voting to legalize cannabis.
Currently, more than half of the United States has legalized cannabis. Also with 2024 being an election year Biden and other political figures have begun the pardon process for certain federal cannabis offenders. All of the above info in combination with the amount of success companies are having has recently led to an increase in momentum. Anytime things begin to pick up shows hope for the future and has more people looking for top marijuana stocks to buy.
The speculation of may occur is big when it comes to investing in cannabis stocks. If you see certain patterns when news or other factors impact trading this is where most think of the future. No one wants to invest late or miss the boat so trading and investing off of speculation at times can pay off. Just remember to do your research and create a game plan that works for you. Below are several marijuana stocks to watch for the rest of the week.
Marijuana Stocks To Watch 2024
Planet 13 Holdings Inc.
Planet 13 Holdings Inc., together with its subsidiaries, cultivates and provides cannabis and cannabis-infused products for medical and retail cannabis markets in the United States. Recently the company announced the opening of DAZED! lounge at the world’s largest dispensary.
DAZED! is open at its flagship SuperStore in Las Vegas. The space is 3,000 square feet, with a high-end consumption lounge featuring VIP booths. Along with expertly crafted canna cocktails, and top-tier entertainment.
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Cansortium Inc.
Cansortium Inc., through its subsidiaries, produces and sells medical cannabis in Florida, Pennsylvania, and Texas. On April 5th the company announced it has opened a new dispensary and further expanded its brand.
It’s the company’s first location in Daytona Beach, marking the company’s 35th dispensary in Florida.
Words From The Company
“Our new storefront in the vibrant city of Daytona Beach exemplifies our dedication to creating a seamless and convenient patient experience,” said Robert Beasley, CEO of FLUENT. “Up until now, coastal residents would have to travel up north to Jacksonville or south to Cocoa to reach a FLUENT dispensary. This expansion demonstrates our efforts to enhance cannabis accessibility for Floridians.”
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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. In recent news, the company is getting ready to hold its Q1 2024 conference call. This call is set for May 15th at 8:30 am.
AYR President & CEO David Goubert and CFO Brad Asher will host the conference call, followed by a question-and-answer period. The Company will provide its financial results in a press release prior to the call.
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