ACRHF - Top Marijuana Stocks To Follow In 2024
2024-02-09 10:21:35 ET
Marijuana Stocks To Buy This Month?
Marijuana stock investors are keeping watch for any rises in the market. Companies are getting ready to report quarterly earnings which could trigger a recovery. Also with 2024 just starting starting, there is more of a push on federal reform. Some states are also working to pass recreational cannabis. Along with the continued push to pass some type of federal reform. The above legislative agenda for legal cannabis could be a time when some shareholders take profits.
This last week or so has shown a recent rise in momentum for the sector. Much of which has to do with the updates and progress surrounding cannabis laws in the US and individual states. This can also be looked at as a sign to get invested regardless of volatility. In fact, volatility can be used as an advantage when looking for the top marijuana stocks to buy.
Volatility can oftentimes lead to unpredictable trading patterns. However, for the cannabis sector, it often leads to a decline in trading. Whenever there is a drop this can be seen as a signal to buy. Right now there is a lot going on in the sector that could have an adverse impact on marijuana stocks. Hopefully, 2024 will lead to better trading all throughout the sector. Below are some marijuana stocks to watch today.
Top Marijuana Stocks To Watch Today
- Planet 13 Holdings Inc. ( OTC:PLNH )
- The Cannabist Company Holdings Inc. ( OTC:CBSTF )
- Acreage Holdings, Inc. ( OTC:ACRHF )
Planet 13 Holdings Inc.
Planet 13 Holdings Inc., an integrated cannabis company, engages in the cultivation, production, 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.
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 7th the company announced it will be reporting its Q4 and full year 2023 results on March 13th, 2024. Following the release of financial results, Company management will conduct a conference call at 8:00 a.m. EST to discuss financial and operating results for the fourth quarter and full year of 2023.
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Acreage Holdings, Inc.
Acreage Holdings, Inc. operates in the cannabis industry in the United States. Back on January 25th, the company announced it had broadened its footprint with the relocation of its third dispensary in Connecticut.
This marks the first-ever cannabis dispensary in the borough of over 30,000 residents.
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Words From The Company
“It is an honor to bring The Botanist dispensary experience to the residents of Vernon, who until now, did not have direct access to a cannabis dispensary in their town,” said Dennis Curran, Chief Executive Officer and Chairman of Acreage.”