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2 Top Marijuana Stocks For Future Gains
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These Marijuana Stocks Could Build Momentum Off Speculation
Marijuana stock investors whether they know it or not are in a unique position. A bit of context first the bulk of cannabis investors are more so focused on the future. What this means is they are searching for top marijuana stocks to buy. The idea is to buy hold and grow their positions when able. Volatility has always been a factor and with it being an election year things can amp up. Both presidential candidates have spoken in favor of legal cannabis.
This impacted the market greatly so those who are going long on cannabis are now in a spot where profits could be made. Some feel that back in 2018 and 2019 was one of the best times in the market for cannabis stocks. Yet with federal reform being supported by both Democrats and Republicans the long game is severely based on it. Even with all the progress innovation and continuous development of the cannabis industry legalizing cannabis federally along with banking would be the icing on the cake.
But while all of this is in motion there will be days of lows and highs. So those banking on future gains will need to stick to their guns or find a way to have their cake and eat it too. What this would look like is being able to invest hold a position sell when necessary and buy back shares when it makes sense. The marijuana stocks to watch below are companies to keep on your radar this week.
Top Marijuana For You 2024
- Jushi Holdings Inc. (OTC: JUSHF)
- Greenlane Holdings, Inc.(NASDAQ:GNLN)
Jushi Holdings Inc.
Jushi Holdings Inc., a vertically integrated cannabis company, engages in the cultivation, processing, retail, and distribution of cannabis for medical and adult-use markets. On September 17th the company announced options issued to executive officers. 
Its board of directors has approved 5,385,000 replacement options for Jim Cacioppo, the Company’s Chairman and Chief Executive Officer, and 2,383,000 replacement options for other executive officers of the Company. As well as 394,758 replacement options for the Company’s non-employee directors. Jushi’s board of directors has also approved 300,000 options for issuance to Michelle Mosier, the Company’s Chief Financial Officer.
[Read More] Canadian Cannabis Stocks Set to Soar Right Now
Greenlane Holdings, Inc.
Greenlane Holdings, Inc. engages in the development and distribution of cannabis accessories, vape devices, and lifestyle products in the United States, Canada, and Europe. The first week of October the company announced a nonbinding letter of intent to distribute the CURB Lifestyle, Inc. 
The product is a breakthrough inhalation device for nicotine, cannabis, and other wellness substances. CURB’s inhalation device is targeting multi-billion-dollar markets, with the primary verticals encompassing nicotine, cannabis and wellness. The CURB products are expected to be available to order beginning November 15, 2024.
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October 20, 2024 at 09:58AM
October 20, 2024 at 10:01AM
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