JUSHF - Top 3 Marijuana Stocks For Investors To Keep An Eye On
2024-02-18 14:43:07 ET
Here Are Marijuana Stocks For Cannabis Investors To Follow
What are you doing to invest in the legal cannabis industry? For many, the choice is to find the best marijuana stocks to buy . However, this comes with some steps to follow to help along the way to limit risk and maximize gains. If you are new to legal cannabis you should spend time doing research. Learn about laws and different regions and how their legal markets operate as each state and country is different in some form.
Next, you should also learn about companies that are in the sector as some work as multistate operators. an MSO cannabis company is one with legal operations set up in multiple places throughout the US or country. Now the next part of legal cannabis is where most find investing to be the road less traveled and that is the publicly traded side of the business. Some companies are publicly traded and this allows anyone to invest without fear of legal repercussions.
Now this side of the business is something that takes time to learn as it’s about stocks. So if you are not family with stocks or the market as a whole it is best to learn about the stock market. Even if it’s the basics of trading and investing marijuana stocks are incredibly volatile so knowing how to trade on a basic level can be helpful. Nevertheless with 2024 shaping up to be a promising year now is as good a time as any to look into top marijuana stocks to watch .
Marijuana Stocks For Cannabis Investors 2024
- Greenlane Holdings, Inc. ( NASDAQ:GNLN )
- Jushi Holdings Inc. ( OTC:JUSHF )
- Planet 13 Holdings Inc. ( OTC:PLNH )
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.
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Jushi Holdings Inc.
Jushi Holdings Inc., a vertically integrated cannabis company, engages in the cultivation, processing, retail, and distribution of medical and adult-use products. On February 6th the company announced its support for the adult use of cannabis.
This took place in Pennsylvania Governor Josh Shapiro’s annual budget proposal and address.
Words From The CEO
“With around 450 employees working across the Commonwealth, I am proud to applaud Governor Shapiro’s continued advocacy for a comprehensive policy for cannabis, including legal adult-use sales.”
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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.