SNDL - Marijuana Stocks To Watch These Holidays
2023-12-26 07:00:06 ET
Will These Marijuana See A Bounce Before The Ball Drops
This upcoming year more people are taking an interest in legal cannabis . Not just from a consumer side but investing. For a long while entering the cannabis industry was not a simple task. Depending on where you live often requires licensing and other legal requirements. Yet those who have been able to find a way have seen how complex things can be. Nonetheless, there are shorter roads on the pass toward investing in legal cannabis.
Many publicly traded cannabis companies allow you to purchase shares on the open market. These are known as marijuana stocks and there are various sectors and means to be considered a cannabis company. For instance, you see a marijuana stock that is considered one by the product or service that helps the industry. Now there are marijuana stocks that deal solely with the plant itself. Now before you start looking for marijuana stocks to buy make sure you do your research. Currently, there is a lot of anticipation of what will happen in the future.
Especially with the ongoing fight to establish federal reform. More recently Joe Biden announced he would be pardoning people who were sent to jail for past cannabis offenses. Still with a bigger interest in cannabis now is a good time to learn about it and find your way into the industry legally. The companies below are several marijuana stocks to watch this year.
Top Marjuana Stocks 2024
- Greenlane Holdings, Inc. ( NASDAQ:GNLN )
- Green Thumb Industries Inc. ( OTC:GTBIF )
- SNDL Inc. ( NASDAQ:SNDL )
Greenlane Holdings, Inc.
Greenlane Holdings, Inc. develops and distributes cannabis accessories, vape solutions, and lifestyle products in the United States, Canada, and Europe. On November 27th the company announced the receipt of Nasdaq listing deficiency notice. The company is not currently in compliance with Nasdaq’s Listing Rules. This is due to Greenlane’s inability to timely file its Quarterly Report on Form 10-Q.
The Notice does not immediately affect the listing or trading of the Company’s securities. According to Listing Rule 5250(c)(1), the Company was required to file the Form 10-Q by November 14, 2023. The Company previously reported its inability to file Form 10-Q by the Due Date on Form 12b-25, which the Company filed with the SEC on November 15, 2023. Currently, the Company is working diligently to complete the Form 10-Q and anticipates filing the Form 10-Q as soon as possible.
[Read More] Top Marijuana Stocks For This Holiday Season
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] Cannabis Reform Will Help Marijuana Stocks In 2024
SNDL Inc.
SNDL Inc. engages in the production, distribution, and sale of cannabis products in Canada. The company operates through four segments: Liquor Retail, Cannabis Retail, Cannabis Operations, and Investments.
Recently the company and Nova Cannabis remain committed to its partnership. Due to the past termination of the implementation agreement.
Words From The Company
“We are dedicated to building a consumer-centric, regulated products business model within a complex regulatory environment,” said Zach George, Chief Executive Officer of SNDL. “The synergy between our companies has already demonstrated great results, and combined efforts and shared vision are key drivers in this journey towards market leadership. SNDL remains committed to being a strong financial partner to Nova, with a focus on fostering sustainable business growth and development.”