These cannabis stocks need to be watched as companies report earnings

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Several cannabis companies return to the top of the list for investors

Many key players within the marijuana industry registered new lows in July. However, a new month has just begun, and both the market as a whole and the price of cannabis stocks are starting to rise. While this bounce may not be sitting on solid footing once second-quarter results are released, it still demonstrates the potential that the best marijuana stocks have. Moves regarding federal reform have caused some cannabis stocks to monitor to increase in value.

One of these has been Green Thumb Industries, one of the largest competitors in the nation’s cannabis consumer packaged goods industry. With a presence in 15 states, the firm has 77 locations, ready to supply any consumer demand. Among the most relevant updates is the launch of its Virginia business now that it was able to acquire Dharma Pharmaceuticals.

Curaleaf Holdings, a multi-state operator (MSO), currently has nearly 140 retail stores in the US. Its main focus is the production of packaged cannabis products. Late last year, Curaleaf acquired Tryke Companies in order to make a footprint in Arizona, Nevada, and Utah and have them as part of its portfolio of interests.

And finally, there is AFC fame, a cannabis ancillary company primarily known for having strong cash flow and efficient business operations. The company launched two years ago and focused on real estate and other collateral. Among its areas of expertise are mortgage lending, first-lien lending, bridge financing, and other non-traditional financial solutions.