Top Marijuana Stocks For Long-Term Players

Industry Overview - The cannabis industry is experiencing significant volatility due to the lack of federal legalization and varying state regulations, which creates a "grey area" for legal operators [2][3] - Despite these challenges, there is a strong focus on the future, with investors looking at cannabis stocks as long-term opportunities [3] Key Companies to Watch - Greenlane Holdings, Inc. (NASDAQ: GNLN): Engages in the development and distribution of cannabis accessories and lifestyle products, recently diversifying its product offerings to include health safety products [4][5] - Verano Holdings Corp. (OTC: VRNOF): Operates as a vertically integrated multi-state cannabis operator, recently expanding its retail footprint with the opening of Zen Leaf Mount Holly, bringing its total to 153 retail locations nationwide [8][9] - Jushi Holdings Inc. (OTC: JUSHF): A vertically integrated cannabis company involved in cultivation, processing, and retail, reported Q3 2024 financials with total revenue of $61.6 million and a net loss of$16.0 million [10][11] Financial Highlights - Greenlane Holdings: Continues to diversify its product line, indicating a strategic response to market demands and potential geopolitical concerns [6] - Jushi Holdings: Reported a gross profit of $28.0 million with a gross profit margin of 45.4$10.3 million, reflecting operational performance amidst market challenges [11]