Workflow
2 Top Marijuana Stocks For Future Gains
GreenlaneGreenlane(US:GNLN) Marijuana Stocks | Cannabis Investments And News. Roots Of A Budding Industry.™·2024-10-20 13:55

Core Viewpoint - The cannabis stock market is experiencing volatility, influenced by the upcoming election and bipartisan support for federal legalization, creating potential investment opportunities for long-term investors [1][2]. Group 1: Market Context - Cannabis investors are primarily focused on future growth, seeking top marijuana stocks to buy and hold [1]. - The current political climate, with both presidential candidates favoring legal cannabis, has significantly impacted the market [1]. - Historical context suggests that 2018 and 2019 were peak years for cannabis stocks, and the future of the market heavily relies on federal reform [1]. Group 2: Company Highlights - Jushi Holdings Inc. (OTC: JUSHF): A vertically integrated cannabis company involved in cultivation, processing, retail, and distribution for medical and adult-use markets. Recently, the company announced the approval of 5,385,000 replacement options for its CEO and additional options for other executives and non-employee directors [3]. - Greenlane Holdings, Inc. (NASDAQ: GNLN): Engages in the development and distribution of cannabis accessories and vape devices. The company announced a nonbinding letter of intent to distribute CURB Lifestyle, Inc.'s breakthrough inhalation device, targeting multi-billion-dollar markets including nicotine and wellness, with products expected to be available for order starting November 15, 2024 [4].