Several high-profile cannabis companies could offer investors great options this month
The fact that July starts on a Friday can only mean that it will be a great month full of positive opportunities. With the first half of the year already passing into history, the marijuana market seems to be trending upward, especially after making remarkable gains from June’s new lows. Definitely, making a list of the top marijuana stocks this coming month that is just around the corner could help you determine the best entry opportunities for short-term trading or long-term investments.
One great opportunity is usually presented through the stock of Curaleaf Holdings. This multi-state operator (MSO) has a presence in 134 retail outlets across the country. One of the most relevant updates from this cannabis retailer is that its wholly-owned subsidiary, Adven GmbH, has begun marketing medical cannabis products in Germany. Having an international footprint could help it to make better profits in the months to come.
On the other hand, there is Green Thumb Industries, a major player in the US cannabis consumer packaged goods (CPG) sector. The firm currently has 77 locations operating in more than a dozen states, one of which is hot New Jersey. The MSO has a total of 11 retail licenses, and if its strategic plan remains the same, that number is likely to grow larger and larger as time goes on.
Finally, there is Verano Holdings stock, which represents a good idea in today’s market. This marijuana company is another MSO that offers customers unparalleled quality in its products.
Verano offers a high range of brands for its products, ideal for consumers who are only looking for the best of the best. It now has 100 dispensaries in addition to 12 production and processing facilities in 15 states, with Florida (47 dispensaries) making the largest footprint.