Canadian Marijuana Stocks

Canadian Marijuana Stocks To Know About In 2023

Marijuana stock investors are riding the wave of momentum currently happening in the sector. Now that we are almost out of January what is keeping this momentum going? Well, more companies are starting to release earnings and some of these cannabis companies are showing positive results. This has played a factor in the recent uptick to start 2023. In addition to the positive speculation of what is to come for the cannabis industry.

Also with the progress of the industry, people may be less fearful than once before. With no federal reform in place, it led to a large amount of caution and volatile trading. Now, this wasn’t all bad if you can see the upside in a volatile sector. For example, when volatility leads to a decline it should be used as a window to find top marijuana stocks to buy. Essentially this is how much of 2022 was spent. Many investors had trouble adapting to the trading patterns this past year.

Nonetheless, it was also a time when preparation was key. So taking up positions when there was a pullback was the way to do it. Now in January some of those same investors have been able to see a return with all-around better consistency to start the new year. The companies below are a few marijuana stocks to watch if you are looking to invest in the cannabis sector.

Marijuana Stocks To Watch 2023

  1. Village Farms International, Inc. (NASDAQ:VFF)
  2. Cronos Group Inc. (NASDAQ:CRON)

Village Farms International, Inc.

Village Farms International, Inc. together with its subsidiaries, produces, markets, and distributes greenhouse-grown tomatoes, bell peppers, and cucumbers in North America. VFF

It operates through four segments: Produce, Cannabis-Canada, Cannabis-U.S., and Energy. At the start of January, the company announced it has begun shipping cannabis to Israel.

Words From The Company

“Commencing shipments to Israel is another milestone in our global cannabis strategy, building on our successes in Canada and Australia,” said Michael DeGiglio, Chief Executive Officer, of Village Farms.

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Cronos Group Inc.

Cronos Group Inc. operates as a cannabinoid company. It manufactures, markets, and distributes hemp-derived supplements and cosmetic products through e-commerce, retail, and hospitality partner channels under Lord Jones and Happy Dance brands in the United States. cron stock

Back on December 19th, the company announced the receipt of notice of relinquishment of a warrant by Altria. Altria Summit LLC relinquished a warrant to subscribe for and purchase up to 84,243,223 common shares of the Company at a per-share exercise price of C$19.00.

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As well as all rights that it may have held in the Warrant or any common shares underlying the Warrant for no consideration. The voluntary relinquishment of the Warrant does not affect any rights of Altria under the Investor Rights Agreement between the Company and Altria, dated March 8, 2019. Altria continues to beneficially own 156,573,537 common shares of the Company and has four designees on the board of the Company, one of whom is independent.

MAPH Enterprises, LLC | (305) 414-0128 | 1501 Venera Ave, Coral Gables, FL 33146 |
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