CURLF - 3 Marijuana Stocks To Watch In May 2024
2024-05-06 09:04:46 ET
Cannabis Investing For People Wanting The Best Marijuana Stocks
Marijuana stock investors have heavily speculated on what’s to come for the industry. Right now many people are worrying about the new decision to reschedule Cannbis to a class 3 from the DEA. There are a lot of unknowns that are still to come from this. The way things are set up if this does become law is it puts big pharma in a more dominant position.
For the legal operators and small-batch growers, this could present more trouble. Currently, legal cannabis operators are struggling to stay afloat. Much of this comes from a lack of reform and high taxes in their given state. Running a legal cannabis business is not easy and with the proper reform in place for the industry things can only go so far. This also impacts the publicly traded side of the sector as well.
When things surrounding reform begin to turn so does the way most marijuana stocks trade. But if you have found some good marijuana stocks to buy there is still time to catch a wave of the green rush. Although volatility is high in the sector and anything can happen there is always a chance. Especially before any federal reform is put into place. Below are some marijuana stocks to watch this week.
Marijuana Stocks To Watch Today 2024
- Green Thumb Industries Inc. ( OTC:GTBIF )
- Trulieve Cannabis Corp. ( OTC:TCNNF )
- Curaleaf Holdings, Inc. ( OTC:CURLF )
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.
On April 24th the company announced the opening of a new RISE dispensary in Florida. This will make the company’s 16th location in the state of Florida.
Words From The Company
“We couldn’t be more excited to open our first RISE Dispensary in Pasco County, representing our 16th store in the state,” said Green Thumb President Anthony Georgiadis. “
[Read More] High Potential: Top U.S. Cannabis Stocks Poised for Growth
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.
Recently the company announced the opening of a new medical cannabis dispensary in North Palm Beach, Florida.
Words From Kim Rivers
“We are thrilled to expand access to medical cannabis in Florida with this new dispensary,” said Trulieve’s Chief Executive Officer Kim Rivers. “Patients in Palm Beach County can find their favorite top-quality branded cannabis products and experience Trulieve’s world-class customer service at this convenient location.”
[Read More] Top U.S. Cannabis Stocks Flourishing in the Last Six Months
Curaleaf Holdings, Inc.
Curaleaf Holdings, Inc. operates a cannabis operator in the United States. It operates through two segments, Domestic Operations and International Operations. On April 22nd the company announced it has completed the acquisition of Nothern Green Canada.
The accretive acquisition amplifies the Company’s strategic advantage in established European markets. This includes Germany, Poland, and the United Kingdom. This venture also provides a foothold in the emerging markets of Australia and New Zealand.