Are These Marijuana Stocks On Your Watch List? The cannabis industry has experienced an amazing change in recent years. This includes evolving from an underground market to a legitimate and rapidly growing sector. As legalization spreads across various regions, investors are increasingly attracted to marijuana stocks. However, investing in this budding market comes with its own set of risks. Yet the explosive growth, particularly in the United States and Canada has allowed more people to enter the sector as ...

Here Are Cannabis Companies Looking To Bounce In The Market Marijuana stocks are caught once again in a downward trend due to more industry hold-ups. In recent news, the DEA who not long ago was on board and on track to reschedule cannabis has now put that action on pause. What a surprise! This is not an unfamiliar occurrence for the cannabis industry, especially during an election year. During this time candidates are focused on winning votes and meeting the needs of those voters. As cannabis is still on t ...

GrowGeneration (GRWG) came out with a quarterly loss of $0.10 per share versus the Zacks Consensus Estimate of a loss of $0.08. This compares to loss of $0.09 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -25%. A quarter ago, it was expected that this company would post a loss of $0.10 per share when it actually produced a loss of $0.14, delivering a surprise of -40%. Over the last four quarters, the company has not been ab ...

Companies like Bunge (BG) , West Fraser Timber Co. (WFG) , GrowGeneration (GRWG) and Hydrofarm (HYFM) are poised to gain from strong end-market demand and their ongoing strategic growth initiatives aimed at capitalizing on these trends. The Zacks Agriculture – Products industry comprises companies that are either involved in storing agricultural commodities, distributing ingredients to others or engaged in farming crops, livestock and poultry products. Some are engaged in purchasing, storing, transporting, ...

Item 2.02 Results of Operations and Financial Condition On July 22, 2024, the Company announced a strategic restructuring plan focused on long-term profitability and advancing growth initiatives in key areas of its Gardening and Cultivation segment such as its proprietary brands, commercial sales, and e-commerce business. These restructuring plans primarily include reductions in cost structure by closing and consolidating twelve redundant or underperforming retail locations, in addition to the seven retail ...

There is much to consider when looking to invest in pot stocks. However, money is being made both in and out of the market. So what are the steps to see better odds at making a profit? The more info you have on the sector or companies of interest the better decisions you can make. Knowing how profitable or not profitable a company is can be crucial. You want to invest in a company that is showing some type of progress or expectancy of future gains. GrowGeneration Corp., through its subsidiaries, owns and op ...

Core Viewpoint - GrowGeneration Corp. (NASDAQ:GRWG) is being highlighted as a potential investment opportunity despite its current challenges, including declining revenue and lack of profitability. The stock is considered a Top Pick again due to its liquidity, strong balance sheet, and potential benefits from changes in cannabis regulation [2][3][9]. Financial Performance - For Q1, GrowGeneration reported revenue of $47.9 million, which was at the high end of the guided range of $45-48 million, but this represented a 16% decline year-over-year. Adjusted EBITDA was worse than expected at -$2.9 million [6]. - Analysts had projected 2024 revenue to be between $205-215 million, with adjusted EBITDA ranging from -$2 million to +$3 million. Post-report, projections have been adjusted to a revenue decline of 7% to $210 million and an adjusted EBITDA of -$2 million [6]. - For 2025, revenue is now expected to rise 7% to $225 million, with adjusted EBITDA remaining at $4 million. The adjusted EBITDA margin is low at 2%, compared to 8% in 2021 [6][14]. Market Position and Analyst Coverage - GrowGeneration is part of the New Cannabis Ventures Global Cannabis Stock Index and has been included in the Q3 rebalancing, indicating decent trading volumes and market interest [4]. - The number of analysts covering GrowGeneration is relatively low compared to larger multi-state operators (MSOs), with only 2 analysts providing coverage for 2025 estimates [17][18]. Stock Valuation and Outlook - The stock trades below its tangible book value, with a market cap of approximately $132.5 million, which is about 92% of its tangible book value. The company is debt-free and had cash reserves of $31 million at the end of Q1 [14]. - The current ratio is high at 4.8X, indicating strong liquidity. The enterprise value is about $71 million, which is nearly 18 times the projected adjusted EBITDA for 2025 [14]. - The stock has declined approximately 97% from its peak in early 2021 but has held above key support levels, suggesting potential for recovery if market conditions improve [20]. Regulatory Environment - Changes in cannabis regulation, particularly the potential rescheduling from Schedule 1 to Schedule 3, could positively impact GrowGeneration by improving the financial health of its customer base, although this is not guaranteed [9][14].

Group 1: Market Overview - The cannabis sector is characterized by volatility, with market reactions often influenced by news on reform, leading to sector-wide price movements [8] - Investors are advised to take profits when available, regardless of the size, to mitigate risks associated with market fluctuations [1] Group 2: Key Companies - Jushi Holdings Inc. is a vertically integrated cannabis company involved in cultivation, processing, retail, and distribution for both medical and adult-use markets [10] - GrowGeneration Corp. operates retail hydroponic and organic gardening stores across the United States and is set to participate in Oppenheimer's 24th annual conference [17] Group 3: Corporate Governance - The number of directors for Jushi Holdings Inc. has been fixed at five, with all nominees from the proxy statement elected [4][15] - The company's 2019 Equity Incentive Plan has been approved and renewed, allowing for unallocated entitlements [16]

Industry Overview - The cannabis sector is experiencing significant speculative trading, influenced by future laws and regulations, particularly the DEA's recent agreement to reschedule cannabis to class 3 narcotics [1] - The legal cannabis industry has made substantial progress globally, with operators working to meet increased product demand, resulting in strong revenue generation and earnings [2][3] Investment Outlook - The cannabis sector is viewed as a promising mid to long-term investment opportunity, with a positive outlook for the industry and potential for strong profits [3] - Investors are encouraged to conduct thorough research and develop a strategic plan to maximize investment returns [3] Company Highlights - **Trulieve Cannabis Corp.**: Recently opened its 200th dispensary, marking a significant milestone in its growth as the world's largest legal cannabis retailer [5][6] - **GrowGeneration Corp.**: Operates retail hydroponic and organic gardening stores in the U.S. and is participating in the KCSA Cannabis Virtual Investor Conference [7] - **Jushi Holdings Inc.**: Reported Q4 2024 financial highlights, including total revenue of $65.5 million, gross profit of $32.3 million with a margin of 49.4%, and an adjusted EBITDA of $13.3 million, reflecting a year-over-year improvement [8]

How Will The Marijuana Stocks Trade After Being RescheduledMarijuana stock investors are keeping focused on the future of the industry. With the potential shift in the scheduling of cannabis, people want to be prepared. There is a bit of uncertainty about what will happen when cannabis gets rescheduled. Many worry that it will negatively impact legal operators and various niches in the industry. However, when news first surfaced there was a bit of an uproar and a rise in momentum for marijuana stocks.But si ...