By
These 2 Marijuana Stocks Are Making Money Outside Of The Stock Market
https://ift.tt/fNdeYaK
Here Are 2 Marijuana Stocks To Buy That Hold Potential For Future Returns
The way the cannabis industry is booming, you would think this success would help marijuana stocks. However, this has not been the case, but that has not stopped the industry from thriving. Right now is a unique time for legal cannabis and the companies in the industry. For the companies that are publicly traded, they are truly feeling the impact of what’s occurring.
Now, this isn’t to say things can not change for the better. But at this time, that is not the case. For the more optimistic investors, they see cannabis as buy now, sell later. Especially with all the success and revenue being made. It is one of those things where patience is key, and you need to be willing to take the risk. Almost all of America has some form of legal cannabis market. Each market, for better or worse, is making cash flow, and if money is being made, then there is opportunity on the horizon.
Even with a massive downtrend, once things change from a federal and regulatory standpoint point marijuana stocks could rapidly shoot up. Currently, this is a time to observe and strategize as the industry further expands. The 2 marijuana stocks to watch that are mentioned below are potential companies that may hold the potential to yield profits in 2025.
Top Marijuana Stocks In Down Trend
- Planet 13 Holdings Inc. (OTC:PLNH)
- Verano Holdings Corp. (OTC:VRNOF)
Planet 13 Holdings Inc.
Planet 13 Holdings Inc., together with its subsidiaries, cultivates and provides cannabis and cannabis-infused products for medical and retail cannabis markets in the United States. During the months of April and May, the company has made 2 new announcements.
On April 29th, the company announced the opening of a new Florida Dispensary. The grand opening of Planet 13 Edgewater will be on May 31, 2025, the Company’s 33rd dispensary in Florida and 37th nationwide. However, on May 7th announced today that it plans to release its financial results for the first quarter ended March 31st, 2025, on May 14th, 2025, after the market.
Verano Holdings Corp.
Verano Holdings Corp. operates as a vertically integrated multi-state cannabis operator in the United States. The company like others in the space have recently reported Q1 2025 earnings.
First Quarter 2025 Financial Highlights
- Revenues, net of discounts, of $210 million, a decrease of 5% year-over-year, and a decrease of 4% versus the prior quarter.
- Gross profit of $100 million or 47% of revenue.
- SG&A expenses of $85 million or 40% of revenue.
- Net Loss of $(12) million or (5)% of revenue.
- Adjusted EBITDA1 of $54 million or 26% of revenue.
Words From The CEO
“I am very pleased with the progress we made during the first quarter executing our strategic priorities leveraging innovation, automation and differentiation, while driving efficiencies across the business,” said George Archos, Verano founder, chairman and Chief Executive Officer.”
The post These 2 Marijuana Stocks Are Making Money Outside Of The Stock Market appeared first on Marijuana Stocks | Cannabis Investments and News. Roots of a Budding Industry.™.
news
via Marijuana Stocks | Cannabis Investments and News. Roots of a Budding Industry.™ https://ift.tt/xkCXwZU
May 17, 2025 at 08:00AM
May 17, 2025 at 08:06AM
via Comments on: These 2 Marijuana Stocks Are Making Money Outside Of The Stock Market https://ift.tt/fNdeYaK