3 Canadian Marijuana Stocks For Your August Watchlist

Industry Overview - The marijuana sector is characterized by high volatility, making it challenging for investors to navigate [1][2] - Despite past quick turnarounds, current trends indicate that marijuana stocks have been on the downside, but there is positive speculation about future developments in the industry [2] Key Companies Aurora Cannabis Inc. - Aurora Cannabis Inc. operates in the production, distribution, and sale of cannabis and cannabis derivative products, both in Canada and internationally [4] - The company has received expanded cultivation licenses for a facility in Germany, allowing it to cultivate additional products and cater to the growing German patient base [5] SNDL Inc. - SNDL Inc. is involved in the production, distribution, and sale of cannabis products in Canada, with operations across various segments including Liquor Retail and Cannabis Retail [7] - The company is set to announce its Q2 2024 financial results on August 2, 2024, followed by a conference call [8] Organigram Holdings Inc. - Organigram Holdings Inc. focuses on the production and sale of cannabis and cannabis-derived products in Canada [9] - The company has made a $1 million investment into Phylos to enhance its auto flower and rare cannabinoid portfolio, with plans to receive unique auto-flower seed varietals for testing by September 30, 2024 [9]