Written by Chris MacDonald at The Motley Fool Canada
As the cannabis industry continues to evolve, investors are eagerly anticipating a potential resurgence in 2024 for cannabis stocks. The landscape is shifting with changing regulations, increasing acceptance, and a growing demand for cannabis products.
Let’s explore the possibilities of resurgence in the cannabis market. Then we will check which stocks are poised to capitalize on new opportunities.
Canopy Growth
Canopy Growth (TSX:WEED) is a Canada-based company engaged in the business of, you guessed it, cannabis cultivation, distribution, and retail. The company is mainly focused on the distribution, marketing and production of bulk cannabis, though Canopy does focus on other value-added higher-margin products as well.
Canopy Growth is known for being the first unicorn in the Canadian weed market. Its products and offerings include dried cannabis flowers,…
