GNLN - Marijuana Stocks For Cannabis Investors To Watch Today
2024-07-14 08:54:10 ET
2 Marijuana Stocks To Know About In The Stock Market
Many marijuana stock investors are looking to invest in the future of legal cannabis. Most cannabis investing was seen as short-term with sizable gains. However, that time in legal cannabis has left the sector. Currently, investors are using volatility as leverage. What this means is when there is a decline in trading it is a chance to invest. The basic understanding of any type of investing is to buy low and sell high.
So when there is a dip in trading this is many will look for top cannabis stocks to buy . Right now many see the future of cannabis investing as where the big payday will be. But even with small pops in trading where profits are made people want consistency. Much of the volatile trading stems from how young and unregulated the legal industry can be. People feel with better reform people can feel safe investing without fear.
But with how far the sector has grown it is doubtful any shutdowns or halts will be had for legal operators. Learning about marijuana stocks and the legal industry it can give better insight into which companies to invest in. Having a game plan and a strategy in place can also be a big help. The more you know and better prepared you are the better odds at seeing strong returns. Below are several companies to keep an eye on if you are looking for top marijuana stocks to watch .
2 Marijuana Stocks To Watch in 2024
- Verano Holdings Corp. ( OTC:VRNOF )
- Greenlane Holdings, Inc. ( NASDAQ:GNLN )
Verano Holdings Corp.
Verano Holdings Corp. operates as a vertically integrated multi-state cannabis operator in the United States.
The company has recently announced that they will report their Q2 2024 earnings on August 7th, 2024. The company is preparing to have the call around 8:30 Am on that day.
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Greenlane Holdings, Inc.
Greenlane Holdings, Inc. develops and distributes cannabis accessories, vape solutions, and lifestyle products in the United States, Canada, and Europe. It operates in two segments, Consumer Goods and Industrial Goods. On May 21st the company announced it received a noncompliance notice from Nasdaq. The company was not in compliance with the requirements of Nasdaq Listing Rule 5250(c)(1).
As a result of not having timely filed its Quarterly Report on Form 10-Q for the quarter ended March 31, 2024, with the Securities and Exchange Commission. On May 16, 2024, the Company filed a Form 12b-25 Notification of Late Filing with the SEC related to the Form 10-Q. The May 21, 2024 notification has no immediate effect on the listing of the Company’s common stock on the Nasdaq.
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However, if the Company fails to timely regain compliance with the Listing Rule, the Company’s common stock will be subject to delisting from Nasdaq.