CURLF - The Best 3 Marijuana Stocks To Add To Your 2023 Watchlist
2023-07-11 07:00:05 ET
Ready For Cannabis Investing Here Are 3 Marijuana Stocks To Watch
Marijuana stocks have recently started to see better trading momentum. Much of this has to do with the continued push on the reform side of the sector. Currently, cannabis is legal in more than half of the United States. In addition to other global regions. Yet the main focus is the US cannabis industry due to it being the biggest market. There are more states working to legalize cannabis and establish better state-level laws and regulations.
All while legislatures try to pass some type of federal reform. It seems that news on federal reform has been the biggest reason to trade marijuana stocks. Especially with how marijuana stocks have fluctuated in price over the last several months. Many see cannabis investing as a long-term play due to the volatile trading. So when there is a pullback it is seen as a reason to prepare for the future by identifying the best marijuana stocks to buy .
The way this is done is different for each investor. But the basic understanding is to do your research and homework on the companies you feel are worth being in your portfolio. You want to learn about the company’s business and if they are profitable. Also, you want to watch how the company trades in the market even looking back at past trading. Once you have done your due diligence it should be a smoother process with knowing which cannabis stocks are better to trade. Below are several marijuana stocks to watch for the rest of the month.
Top Marijuana Stocks To Watch 2023
- Curaleaf Holdings, Inc. ( OTC:CURLF )
- Trulieve Cannabis Corp. ( OTC:TCNNF )
- Green Thumb Industries Inc. ( OTC:GTBIF )
Curaleaf Holdings, Inc.
Curaleaf Holdings, Inc. operates a cannabis operator in the United States. It operates through Domestic Operations and International Operations segments. The company engages in the cultivation, production, and sale of cannabis products through retail and wholesale channels. In recent news, the company unveils a strategic national rebrand of Select™.
Additionally, the Company announced the launch of Select’s all-in-one, two-gram proprietary vape technology, Select Briq. As well as the expansion of its Select X Bites edibles portfolio with the launch of Live Rosin X Bites and High Dose X Bites.
[Read More] Top Marijuana Stocks For Your 2023 Portfolio
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. Recently the company celebrated its Maryland recreational launch with its first online order.
Words From CEO Kim Rivers
“We are thrilled to launch recreational sales and see Marylanders immediately taking advantage of the freedom to use cannabis for personal consumption,” said Trulieve’s Chief Executive Officer Kim Rivers. “We appreciate all the support, particularly from our medical patients who have been with us since we entered the state in 2017, and have a great celebration lined up where we look forward to serving adult use customers across the state.”
[Read More] Emerging Trends in Canadian Cannabis Stocks: What Investors Need to Know in 2023
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. Recently the company announced it will hold a conference call to discuss its Q2 2023 earnings. This call is set for Tuesday, August 8, 2023.
