3 Marijuana Stocks For Investors Who Want To Take Part In The Cannabis Industry

Industry Overview - The momentum for marijuana stocks is increasing following the rescheduling of cannabis to class 3, which, while not legalizing cannabis federally, allows for more relaxed investing without federal concerns [1] - The cannabis sector remains volatile, but trading patterns have stabilized compared to previous years, making it a favorable time for long-term investments as the industry develops [2] Company Highlights - GrowGeneration Corp. operates retail hydroponic and organic gardening stores in the U.S. and is set to participate in the 38th Annual ROTH Conference in March 2026, indicating ongoing engagement with investors [4] - Hydrofarm Holdings Group, Inc. manufactures and distributes hydroponics equipment for controlled environment agriculture in the U.S. and Canada, although it has not released updates since November 2025 [5][6] - The Scotts Miracle-Gro Company is involved in the manufacture and sale of gardening products and is in advanced discussions to sell its Hawthorne subsidiary to Vireo Growth, Inc. [7][9] Financial Performance - A company reported a decrease in net sales to $29.4 million from $44.0 million, with a gross profit margin decline to 11.6% from 19.4% [10] - Another company reported U.S. consumer net sales of $328.5 million, with a GAAP gross margin rate of 25.0%, improving by 90 basis points year-over-year [11]