AAWH - 3 Marijuana Stocks To Watch To End The Week
2023-03-10 15:26:30 ET
Top Marijuana Stocks For Your Trading Portfolio
Marijuana stocks are still showing a good amount of pullback. Some of this can be due to the speculation of what may take place in the future. The cannabis industry is gearing up to see big changes that will ultimately impact how companies perform. For example, companies are getting ready to report earnings which may help the lack of trading momentum.
Also, the cannabis industry is still young and developing day by day. This is the type of speculation that keep people interested in investing in the best marijuana stocks. With the level of volatile trading, this would be a good time to find the best marijuana stocks to buy . Which is the easiest bare to entry when it comes to cannabis investing. Just make sure you do your homework on the sector in addition to building your watchlist.
Also, you want to have a trading plan and know that things can change without warning. That is why is important to keep a watchful eye on the sector. What was once considered a fast pace market has now turned to long-term plays. Especially with no federal reform in place which when passed could help spark a big run for marijuana stocks. Below are several marijuana stocks to watch for the rest of the month.
Top Marijuana Stocks For 2023
- StateHouse Holdings Inc. ( OTC:STHZF )
- Ascend Wellness Holdings, Inc. ( OTC:AAWH )
- Lowell Farms Inc. ( OTC:LOWLF )
StateHouse Holdings Inc.
StateHouse Holdings Inc. is involved in the cultivation, processing, manufacture, distribution, and retailing of cannabis products for the adult-use and medical markets in the United States. It operates 13 retail dispensaries in California and one in Oregon; and a retail dispensary in the Haight Ashbury area of San Francisco, California.
In recent news, the company joined the Cannabis Research Coalition (“CRC”), a collaborative research partnership between The Hemp Mine and Clemson University. The partnership will address cannabis cultivation and postharvest challenges.
Words From The Company
“It thrills us to partner with StateHouse, a science-based, California-focused operator with an impressive commercial cultivation facility,” said Dr. Allison Justice, founder, and CEO of the CRC. “This type of collaboration is exactly what the cannabis industry needs to improve in the areas of quality, efficiency, and sustainability. We look forward to working with Travis Higginbotham, StateHouse’s VP of Cultivation, and his team.”
[Read More] Best Marijuana Stocks To Buy? 3 Penny Stocks To Watch Next Week
Ascend Wellness Holdings, Inc.
Ascend Wellness Holdings, Inc. engages in the cultivation, manufacture, and distribution of cannabis consumer packaged goods. Its cannabis product categories include flowers, pre-rolls, concentrates, vapes, edibles, and other cannabis-related products.
The company announced it will hold a fourth quarter and full year 2022 earnings conference call on Tuesday, March 14th, 2023. So Ascend Wellness Leadership will participate on the call including Abner Kurtin, Executive Chairman; Dan Neville, CFO, and Interim Co-CEO; and Frank Perullo, President and Interim Co-CEO.
[Read More] 3 Marijuana Stocks To Day Trade On Good Momentum
Lowell Farms Inc.
Lowell Farms Inc. engages in the cultivation, extraction, manufacturing, sale, marketing, and distribution of cannabis products to retail dispensaries in California. Back in January, the company retained Canaccord Genuity in connection with a strategic alternatives review.
The Board of Directors has formed a strategic alternatives special committee (the “Special Committee”) of independent directors to explore, review and evaluate strategic alternatives that may be available to the Company to maximize shareholder value. The Special Committee is chaired by Ann Lawrence and also includes Summer Frein.