CNTMF - Here Are Some Marijuana Stocks To Watch Today
2024-02-21 09:02:21 ET
3 Marijuana Stocks To Buy When The Market Is Volatile?
More people are finding an interest in legal cannabis. Yet not just from a consumer side. There has been an influx of people looking to get involved from an investing standpoint. Not everyone can begin a growth or storefront. If someone did go that route would take a lot of time money and resources. So what the next option becomes is looking for the best marijuana stocks to buy . Some cannabis companies are publicly traded.
What that means is companies are traded on the open market and people can buy and sell shares for a profit. Most of the cannabis stocks that are in the market are companies in several niches. You have pureplay marijuana stocks which are often companies with a more hands-on approach to the plant. For example cultivators and dispensary operators. Next, you have cannabis tech companies that deal with apps and other platforms dealing with cannabis.
You also have ancillary cannabis companies that can offer products and services to the cannabis industry. These are just a basic idea of how far cannabis investing can go. This year is already showing some better trading which is due to the current events in legal cannabis today. Currently, there is some strong speculation for the future of investing and the industry as a whole. Below are several marijuana stocks to watch today.
Marijuana Stocks To Watch Today 2024
- Planet 13 Holdings Inc. ( OTC:PLNH )
- Cansortium Inc. ( OTC:CNTMF )
- The Cannabist Company Holdings Inc. ( OTC:CBSTF )
Planet 13 Holdings Inc.
Planet 13 Holdings Inc., an integrated cannabis company, engages in the cultivation, and production, of cannabis. As well as distribution, and marketing of cannabis and cannabis-infused products for medical and retail cannabis markets in Nevada, the United States. In recent news, the company announced it has expanded its leadership and board.
The company appoints Lee Fraser to the role of Chief Administrative Officer. Next Tatev Oganyan was appointed to General Counsel and Kevin Martin to the Company’s board of directors. The appointments reaffirm Planet 13’s commitment to governance, compliance, financial security, and leadership strength and depth.
Cansortium Inc.
Cansortium Inc., through its subsidiaries, produces and sells medical cannabis in Florida, Pennsylvania, and Texas.
In recent news, the company announced the opening of its 34th medical cannabis dispensary in Florida and 37th retail location nationwide.
Words From The Company
“We look forward to servicing the Cocoa community with the first drive-thru cannabis dispensary in the area, offering friendly service and a vast assortment of products,” said FLUENT Director of Marketing David Letro. “The dispensary will build a strong relationship with the Cocoa community and become a mainstay in the local economy through FLUENT’s offering of high quality discrete and accessible cannabis.”
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The Cannabist Company Holdings Inc.
The Cannabist Company Holdings Inc. engages in the cultivation, manufacture, and provision of cannabis products and related services in the United States and internationally. On February 15th the company announced the expansion of its retail and wholesale partnership with the vaporizer brand, Airo.
The partnership expansion is the first to introduce Airo’s unparalleled vaporizing experience to West Virginia through the Company’s five Cannabist dispensaries. Airo is also available through the Company’s wholesale channels.
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Words From The VP Of Operations
“Our partnership with Airo has been extremely successful in Delaware so far, and our customers are really enjoying the unique experience while using the products. We couldn’t be more excited to expand this relationship into West Virginia and are looking forward to continued growth and collaboration with the dynamic Airo team,” said Volley Hayhurst, VP, Operations.”