TCNNF - Green Connect: 3 Marijuana Stocks For Your Watchlist
2024-01-08 06:56:34 ET
Top Marijuana Stocks To Buy Throughout The Trading Day?
Marijuana stocks and legal cannabis are set to see a promising 2024. With high hopes for what is to come, there is a lot of anticipation. Over the last few years, legal cannabis sales have been on the rise. The amount of revenue being made in the US alone is reaching new levels more frequently. In fact, some companies continue to show record-breaking numbers. Everyday company is doing its best to deliver quality products and services that help keep the people happy and the industry running.
This success and boom of cannabis has left many wanting to take part in the industry. Now this is where some begin looking to see which cannabis companies are publicly traded. In 2024 many are finding the best marijuana stock to buy and doing so with a future payday. Any time you can take profits is always a win. But many see cannabis stocks as now a long-term investment. At one time cannabis stocks were known as a sector for low investments and quick results in sizable margins.
However, with the need for better reform and cannabis banking volatility has taken over. Nonetheless, that has not stopped those who see the success of the industry as a means to prepare for tomorrow. Some due to how low trading has become have cut their losses as best they can. Yet there are others who are in and playing the market waiting for a sector-wide recovery. Which hopefully happens in a way that leads to sustainable momentum and brings the trading average up. The companies below are several marijuana stocks to watch in the stock market today.
Big-Name Marijuana Stocks To Watch
- Trulieve Cannabis Corp. ( OTC:TCNNF )
- Green Thumb Industries Inc. ( OTC:GTBIF )
- Verano Holdings Corp. ( OTC:VRNOF )
Trulieve Cannabis Corp.
Trulieve Cannabis Corp. together with its subsidiaries, operates as a medical cannabis company. The company cultivates and produces products in-house and distributes its products to Trulieve branded stores (dispensaries) in Florida.
As well as through home delivery. In recent news, the company announced the opening of two new medical dispensaries in Crawfordville and Crestview, Florida.
Words From The Company
“We are excited to open these dispensaries, providing high-quality products and service for Florida patients in the Big Bend and Panhandle regions,” said Trulieve’s Chief Executive Officer Kim Rivers.”
Green Thumb Industries Inc.
Green Thumb Industries Inc. engages in the manufacture, distribution, and sale of various cannabis products for medical and adult use in the United States.
On December 13th the company announced it opened a RISE dispensary in Port Orange Florida. This makes for the Green Thumb Industries’ 90th retail location in the nation.
Words From GTBIF President
“We are thrilled to expand our presence on the east coast of Florida with the opening of RISE Port Orange,” said Green Thumb President Anthony Georgiadis. “This store marks our first RISE location in Volusia County and the seventh new store we have opened in the Sunshine State this year. We look forward to welcoming more patients to the RISE experience and making a positive impact in the local community.”
[Read More] Top Marijuana Stocks To Start The New Year
Verano Holdings Corp.
Verano Holdings Corp. operates as a vertically integrated multi-state cannabis operator in the United States. The company engages in the cultivation, processing, wholesale, and retail distribution of cannabis across the United States.
In more recent news the company announced the opening of MÜV Yulee. This took place on Friday, January 5th, making for the company’s 74th Florida dispensary and 137th location nationwide.
[Read More] Cannabis Boom: U.S. Top Stocks Hit Highs with Double-Digit Gains
Highlights and Key Mentions
- Located at 463128 State Road 200, MÜV Yulee bolsters the Company’s retail presence in the Jacksonville metropolitan area, a region with more than 1.6 million residents
- MÜV Yulee complements nearby MÜV dispensaries in Jacksonville Beach, Jacksonville-Hendricks, and Jacksonville-Skymarks
- Verano’s active operations span 13 states, comprised of 137 dispensaries and 14 cultivation and processing facilities, with more than 1 million square feet of cultivation capacity