AAWH - Marijuana Stocks To Buy And Hold Today?
2024-03-22 10:02:33 ET
3 Marijuana Stocks To Buy In Today’s Stock Market 2024
The cannabis sector is feeling a wave of momentum due to the many ongoing changes. Over the last several years the growth and evolution of legal cannabis have yet to slow down. Even with roadblocks and certain regulatory issues companies are still generating large amounts of revenue. Right now there is a big increase in the consumer demand for more cannabis products.
This has put companies in place to keep up with this demand so that money can be made. Now with cannabis still federally illegal, there is a lot that goes into keeping up with this demand. Now for some companies, this has not been an issue for others it has. Depending on how business operations and other variables are handled greatly impacts how some marijuana stock trade. Basically what goes on in the industry can have a direct impact on cannabis stocks .
Nonetheless, this has not stopped people from exploring investment opportunities with legal cannabis. In 2023 there were many who prepped for trading this year finding the best marijuana stocks to buy at that time. Now, some have been able to pull some profits from these investments. However many feel a bigger payday will come when federal reform is made law in the favor of the cannabis industry. Below are several marijuana stocks to watch before next month begins.
Top Marijuana Stocks To Watch Today
- Goodness Growth Holdings, Inc. ( OTC:GDNSF )
- Ascend Wellness Holdings, Inc. ( OTC:AAWH )
- Glass House Brands Inc. ( OTC:GLASF )
Goodness Growth Holdings, Inc.
Goodness Growth Holdings, Inc. operates as a cannabis company in the United States. The company cultivates, processes, and distributes medical and adult-use cannabis products.
In recent news, the company will be reporting its Q4 2023 and full 2023 earnings. The company has made the release date for March 28th. As well Goodness Growth management will host a conference call with the investment community that same day.
[Read More] Canadian Cannabis Stocks to Watch in Mid-March 2024
Ascend Wellness Holdings, Inc.
Ascend Wellness Holdings, Inc. engages in the cultivation, manufacture, and distribution of cannabis consumer packaged goods in the United States.
The company announced it has expanded its reach in Pennsylvania with its 3rd dispensary.
Words From The Company
“Following our previous successes in Pennsylvania, this Monaca location allows a new medical community to access Ascend’s top-selling and affordable products. Medical patients in the larger Pittsburgh region will now have direct access to Ascend’s innovative outlet dispensary model that offers patients premium marijuana products with everyday low pricing,” said Rick Wilkins, Chief of Stores at Ascend.”
[Read More] Green Real Estate Boom: Must-See Cannabis REITs for Q3 2024
Glass House Brands Inc.
Glass House Brands Inc., through its subsidiaries, cultivates, manufactures, and distributes cannabis bulk flowers and trims to wholesalers in California. The company is also preparing to host a Q4 and full-year 2024 conference call on March 28th.
At this time Glass House Brands Inc. will also report its financial results for the fourth quarter and year ended December 31, 2023.