7 Cannabis Stocks to Buy Before They Burn Higher

Cresco Labs (CRLBF)

Image Credit- Google

Though the company surpassed expectations with $198 million in sales, marking a 2% bump sequentially, it noted a 9% drop year-over-year.

Tilray Brands (TLRY)

Image Credit- Google

Delving into the numbers, the first quarter showed a stellar $177 million in net revenue, reflecting a 15% year-over-year rise.

Green Thumb Industries (GTBIF)

Image Credit- Google

Its recent second-quarter figures are a testament to his approach, with a profit of $13.4 million on revenues of $252.4 million, outperforming estimates.

AdvisorShares Pure US Cannabis ETF (MSOS)

Image Credit- Google

The fund employs derivatives like swaps to weave its investment tapestry. Additionally, with assets under management of a whopping $495.79 million, it towers over its peers, being 129.02% above the sector’s median

Constellation Brands (STZ)

Image Credit- Google

While Constellation remains seemingly aloof over its whopping $4 billion stake in CGC, insiders speculate it’s a waiting game for the perfect legal climate

Valley National Bancorp (VLY)

Image Credit- Google

In addition, the bank serves as a safe harbor for investors with an enticing 5.65% dividend yield, which surpasses its sector median by 35.6%.

Curaleaf Holdings (CURLF)

Image Credit- Google

A quick dive into their financials from the first half of 2023 is revealing. Net revenues surged to $675.1 million, marking an 8% year-over-year bump, while its gross profit stood firm at $307.3 million

FOR MORE SUCH STORIES VISIT STOCKTRADERSVIDEOS