3 Marijuana Stocks That Could Soon Trade Up

Top cannabis companies navigating a volatile market with strategic partnerships and expansion

Mar. 2, 2026 at 1:55pm

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The cannabis industry continues to face challenges around profitability, production, and regulatory compliance, but some top marijuana stocks are finding ways to innovate and grow. Trulieve Cannabis, Jushi Holdings, and Planet 13 Holdings are three companies highlighted for their recent financial results, strategic moves, and potential to see improved trading in the near future despite the industry's volatility.

Why it matters

As the cannabis industry matures, investors are looking for marijuana stocks that can navigate the complex legal landscape, meet consumer demand, and deliver consistent financial performance. The featured companies demonstrate strategies like forming partnerships, streamlining operations, and expanding retail footprints that could position them for success even in a volatile market.

The details

Trulieve Cannabis reported strong Q4 and full-year 2025 results, including 60% gross margins, record cash flow, and adjusted EBITDA of $427 million. Jushi Holdings opened a second retail location in Ohio, expanding its statewide footprint. Planet 13 announced it has exited the California market to focus on core growth markets, a strategic move to streamline operations.

  • Trulieve reported Q4 and full-year 2025 results in early 2026.
  • Jushi opened its second Ohio location on January 21, 2026.
  • Planet 13 completed its exit from the California market in 2025-2026.

The players

Trulieve Cannabis Corp.

A cannabis retailer that cultivates, processes, and manufactures cannabis products for distribution to its dispensaries and through home delivery.

Jushi Holdings Inc.

A vertically integrated cannabis company engaged in cultivation, processing, retail, and distribution of cannabis for medical and adult-use markets in the United States.

Planet 13 Holdings Inc.

A cannabis company that cultivates and provides cannabis and cannabis-infused products for medical and retail cannabis markets in the United States.

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What they’re saying

“Ohio continues to be one of our most strategic growth markets, and the opening of our second Beyond Hello in the Cincinnati area represents another important milestone in our expansion across the state.”

— Jim Cacioppo, Chief Executive Officer, Chairman, and Founder of Jushi Holdings Inc.

“This milestone reflects our disciplined execution against a clear strategic objective. Exiting California was a deliberate priority for 2025–2026, and we have now successfully completed the closure of our retail and distribution operations while advancing the final steps related to cultivation.”

— Bob Groesbeck, Co-CEO of Planet 13

The takeaway

Despite the challenges facing the cannabis industry, these three marijuana stocks are demonstrating strategic approaches to navigating the volatile market, including forming key partnerships, streamlining operations, and expanding retail footprints. Their recent financial results and business moves suggest they could be well-positioned for potential trading gains in the near future.