Top Marijuana Stocks That Are Impacted By Federal Reform

Industry Overview - Cannabis reform significantly influences the trading of marijuana stocks, with both positive and negative impacts on consumers and business owners [1][2] - The lack of federal reform is a primary cause of volatility in the cannabis sector, despite billions in revenue from legal cannabis [2] - The long-term investment strategy is recommended for those interested in marijuana stocks, even amid current market volatility [3] Company Highlights - High Tide Inc. (NASDAQ:HITI): Engages in cannabis retail and plans to open its 75th Canna Cabana store on December 14 [4] - Greenlane Holdings, Inc. (NASDAQ:GNLN): A global platform for smoking accessories and vape devices, recently began distributing Toxi Shield by Safety Strips [6][7] - WM Technology, Inc. (NASDAQ:MAPS): Provides e-commerce and compliance software solutions, reported Q3 2024 net revenues of $46.6 million, a slight increase from the previous quarter [9] Financial Performance - WM Technology's Q3 2024 net income rose to$5.3 million from $1.2 million in the prior quarter, with adjusted EBITDA increasing to$11.3 million [9]