JUSHF - 3 Marijuana Stocks To Buy Before The End Of The Week?
2024-04-01 09:13:39 ET
These Marijuana Stocks Could Soon See Better Trading
Right now many cannabis investors are keeping their focus on any chances to buy or sell. The cannabis market is still showing large amounts of volatile trading. At this time a lot is going on in the sector that has continued to impact how most marijuana stocks trade. It is an election year so the potential campaign promises in loving legal may be a factor. What this means is if either Biden or Trump makes a promise to support the sector it will help how cannabis stocks trade.
All while this is possible the current push for federal reform is in place. Not to mention the increase in more states in the US working to legalize cannabis and join the green rush. All of this growth and progress brings more people looking for the best marijuana stocks to buy . More people have come forward to learn about legal cannabis and the companies that are pushing up the industry.
The name of the game is growth and profits and with cannabis still evolving now is a good time to learn how to invest in marijuana stocks. Make a trading plan and learn about the sector and the various companies and how they react in the market. Once you feel confident enough that when you should begin to buy and sell how you feel is beneficial to you. The companies mentioned below are some marijuana stocks to watch this week.
Top Marijuana Stocks Today
- Trulieve Cannabis Corp. ( OTC:TCNNF )
- Green Thumb Industries Inc. ( OTC:GTBIF )
- Jushi Holdings Inc. ( OTC:JUSHF )
Trulieve Cannabis Corp.
Trulieve Cannabis Corp., together with its subsidiaries, operates as a cannabis retailer. In recent news, the company announced the opening of a medical dispensary in Cocoa Beach Florida. A grand opening celebration will be held on Friday, April 5th, beginning at 9 a.m.
Words From The Company
“We are excited to expand our retail network and serve the growing medical cannabis market in Florida,” said Trulieve’s Chief Executive Officer Kim Rivers. “This new location, right across the street from the beach, offers our Brevard County and Space Coast patients more convenient access to our best-in-class customer experience and products.”
[Read More] High Potential: April’s Premier US Cannabis Stock Watchlist
Green Thumb Industries Inc.
Green Thumb Industries Inc. manufactures, distributes, markets, and sells cannabis products for medical and adult use in the United States. It operates through two segments, Retail and Consumer Packaged Goods.
The company has expanded its retail footprint with a new RISE dispensary. This new location is in Dunnellon and it makes for the company’s 15th location in the Sunshine State.
Words From The President
“We are thrilled to be the first dispensary to open in the City of Dunnellon, marking our second RISE location in Marion County,” said Green Thumb President Anthony Georgiadis. “Located just west of our state-of-the-art cultivation facility in Ocala, RISE Dunnellon shall offer a highly curated product selection and best-in-class service.
[Read More] April 2024’s Green Giants: Leading Stocks in the Cannabis Sector
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.
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