TG Capital Reports – 3 Marijuana Stocks to Buy and Hold for the Next 10 Years


London, UK– One of the most important advantages of the Marijuana Stock Universe and the Daily Marijuana Observer’s databases is that they cover a wide range of exchanges and venues where cannabis stocks are traded, including over-the-counter (OTC) equities. OTC stocks (most of which are penny stocks, meaning they are sold for less than $5 a share) are equities that are not traded on major exchanges like the New York Stock Exchange, Nasdaq, or the Toronto Stock Exchange.

When cannabis stocks begin to fall, it is a good moment to buy the dip. Investors want to be ready as the cannabis business continues to expand and improve. The cannabis industry may be fraught with unpredictability and abrupt shifts, which is why some investors remain optimistic about the future. Marijuana stocks may not be in favor to trade right now. Much of this could be attributed to investors’ bearish sentiment toward cannabis reforms in the United States. But that doesn’t make marijuana stocks a bad investment. Some domestic multi-state operators (MSOs) have solid foundations and enormous long-term potential.

Investors who buy and keep these stocks might profit handsomely once the cannabis industry recovers. However, like with any growing stock, patience is required. Analysts from TG Capital predict massive gains for the majority of marijuana stocks. Many investors are looking to benefit from the marijuana market, which is predicted to jump in value by 2025. As states and whole nations decriminalize or legalize cannabis and its components, prospects for entrepreneurs and current businesses expand. However, like with any new sector, there are several investing risks. It pays to grasp how this market operates, whether you’re a first-time investor or a seasoned professional.

Top Marijuana Stocks to Buy and Hold for 10 years

  1. Green Thumb Industries (GTBIF)

Green Thumb Industries Inc. manufactures cannabis consumer packaged products. The business of Green Thumb is divided into two segments: consumer packaged goods and retail. The Consumer Packaged Goods division cultivates, manufactures, and sells cannabis products to retail outlets. The Retail section deals with the sale of cannabis to patients and consumers. The Company owns, produces, and distributes a portfolio of cannabis consumer packaged goods brands, including Beboe, Dogwalkers, Doctor Solomon’s, Good Green, Incredibles, and RYTHM, to third-party retail outlets across the United States as well as its retail locations. Its consumer-packaged goods portfolio includes stock-keeping units (SKUs) for a variety of cannabis product categories, including flowers, pre-rolls, concentrates, vapes, capsules, tinctures, sweets, topicals, and other cannabis-related items. It also owns and manages retail cannabis outlets, including the nationwide network named rise.

Because of its ambitious expansion methods have also been profitable for seven straight quarters in a highly competitive business. It has gone a long way, from 39 outlets in 2019 to around 80 dispensaries in 15 states now. This MSO is intriguing since it focuses on limited licensing markets rather than expanding everywhere. These state market regulators grant select cannabis operators restricted permits. Green Thumb has gained a stronger consumer grip in several states as a result of this strategy.

The Green Thumb Industries’ (GTBIF) was established in 2014. It has a headquarters in Chicago, Illinois, United States. The shares of this company are listed on OTC under the ticker symbol GTBIF. The Price to Earnings Ratio (P/E) is 30.15. Green Thumb Industries’ (GTBIF) current market capitalization is $ 2.03 Billion.

2. Planet 13 Holdings (PLNHF)

Planet 13 Holdings Inc., an integrated cannabis firm, cultivates, produces, distributes, and markets cannabis and cannabis-infused products in Nevada, the United States. The firm also owns and manages Trece Eatery + Spirits, a coffee shop and pizzeria, as well as licensed cannabis shops, a non-cannabis retail product store, and event space. It also offers advice, education, and convenience services. Under the TRENDI, Leaf & Vine, Dreamland, HaHa, and Medizin brands, the firm owns and manufactures chocolates, candies, effervescent drinks, vapes and concentrates, and flowers. The headquarters of Planet 13 Holdings Inc. is in Las Vegas, Nevada.

Planet 13 is gradually spreading to other states. It intends to establish a second superstore in Chicago, where it has acquired a dispensary license. In addition, the business has obtained leases for two Florida dispensaries and wants to launch a third. When the cannabis industry expands, this innovative superstore model might propel the firm to new heights.

The Planet 13 Holdings PLNHF was established on April 26, 2002. It has a headquarters in Las Vegas, Nevada, United States. The shares of this company are listed on OTC under the ticker symbol PLNHF. The current market capitalization of The Planet 13 Holdings PLNHF is $277.38 Million.

3. Jushi Holdings Inc. (JUSHF)

Jushi Holdings Inc. is a cannabis and hemp organization with a worldwide emphasis. The Company’s primary goal is to develop a portfolio of branded cannabis and hemp-derived assets in retail, distribution, production, and processing throughout the United States. Its primary markets include Pennsylvania, Virginia, Ohio, Illinois, California, and Nevada. Beyond / Hello, Nira, The Lab, The Bank, Tasteology, and Seche are among its brands. Beyond / Hello is a cannabis dispensary brand. Nira is hemp-based cannabidiol (CBD) product line. The Bank brand is primarily concerned with the production of cannabis seeds and flowers. The Lab brand manufacturers concentrate on a variety of product mixes. The Tasteology brand offers delicacies. Seche brand offers high-quality flowers and pre-rolls.

Jushi’s quarterly sales of $62 million increased by 48.5 percent year on year in the first quarter. According to management, this rise was driven by extending the company’s retail base from 17 to 29 locations in the quarter. However, its EBITDA of $1.1 million was down $3 million from the previous year’s quarter. It had $76.2 million in cash and cash equivalents at the end of the quarter.

Analysts on Wall Street believe Jushi’s stock will rise by about 286 percent during the next year. A surge in state legalization might enhance Jushi’s growth figures, providing investors with big profits this year.

The Jushi Holdings JUSHF was established in 2007. Jushi has its headquarters in Boca Raton, Florida, United States. The shares of this company are listed on OTC under the ticker symbol JUSHF. The current market capitalization of Jushi Holdings JUSHF is $1297.8 Million.

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