TCNNF - 3 Top Marijuana Stocks For Better Cannabis Investing 2023
2023-10-23 07:00:39 ET
Here Are 3 Top Marijuana Stocks For Cannabis Investors
Marijuana stock investors are looking at 2024 as a fresh start to cannabis investing. Even with the last year showing a bit more volatility investment opportunities have been on the rise. With the cannabis sector showing inconsistent market patterns there have been lower trading days. Now just because there have been days where marijuana stocks are trading lower levels does not mean all is lost. When investing in anything you need to plan and strategize.
As well as do your research on companies and the industry they are in. The more you know the better prepared you will be and have better odds at seeing strong profits. So when there is a volatile pullback this is a moment to find the top marijuana stocks to buy. This upcoming year has the potential to be big for the cannabis industry which could transform into a better market moment. In 2024 we will see various cannabis companies expand through strategic partnerships.
Although federal reform failed once again in 2023 this new year will be another chance to pass some form of federal legislation. Legal cannabis globally has taken off in a major way. Right now more than half the United States has legalized cannabis with more states soon to follow suit. In addition, different regions around the world have done the same. The cannabis sector is showing signs of staying in a positive direction for the future. For now, investors are remaining patient waiting for any chance to take advantage of the market. Below are several marijuana stocks to watch this week.
Top Marijuana Stocks To Watch Today
- Green Thumb Industries Inc. ( OTC:GTBIF )
- Trulieve Cannabis Corp. ( OTC:TCNNF )
- The Cannabist Company Holdings Inc. ( OTC:CBSTF )
Green Thumb Industries Inc.
Green Thumb Industries Inc. engages in the manufacture, distribution, and sale of various cannabis products for medical and adult use in the United States. In recent news, the company opened a RISE dispensary in Brandon Florida. This makes for the company’s 9th retail location in the state which was opened on 14th of October.
The new dispensary will host a grand opening event on October 26th, where profits from the day will be donated to the Florida Justice Center. The grand opening event will include a ribbon-cutting ceremony at 4 p.m. ET with representatives from the Greater Brandon Chamber of Commerce.
Words From The Company
“We are thrilled to expand our presence in Hillsborough County with the opening of our new dispensary in Brandon, Florida while broadening our distribution of high-quality, premium cannabis products to the region,” said Green Thumb President Anthony Georgiadis.”
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Trulieve Cannabis Corp.
Trulieve Cannabis Corp. together with its subsidiaries, operates as a medical cannabis company. The company cultivates and produces products in-house and distributes its products to Trulieve branded stores (dispensaries) in Florida, as well as through home delivery.
On October 20th the company announced it will hold a conference call to discuss its its 3rd quarter 2023 financial results. This call will happen on November 9th. Chairman, Founder, and Chief Executive Officer Kim Rivers and Interim Chief Financial Officer Ryan Blust will participate in the call to review Trulieve’s financial and operating results.
[Read More] Top Marijuana Stocks To Watch Before The Start Of 2024
The Cannabist Company Holdings Inc.
The Cannabist Company Holdings Inc. engages in the cultivation, manufacture, and provision of cannabis products and related services in the United States and internationally. Recently the company announced it will report its financial results for the third quarter ended September 30, 2023.
This will take place before U.S. financial markets open on Tuesday, November 14, 2023. Following the release of financial results, Company management will conduct a conference call at 8:00 a.m. EST to discuss financial and operating results for the third quarter of 2023.