2 Marijuana Stocks For Your 2023 Portfolio
Marijuana stock investors are looking to take more profits this short week. With all the recent momentum inside the sector, shareholders are keeping a close watch on marijuana stocks. One of the adjustments most shareholders are doing is watching for volatile upticks and pullbacks. So back in 2022, the level of volatility was so high it was tough for marijuana stocks to sustain a meaningful recovery. This means when there was a rise in trading the time marijuana stocks would stay up was too short. So that made it tough for the bulk of shareholders to take profits.
But when there was a pullback it was a chance to find top marijuana stocks to buy. As of now, marijuana stock investors are prepped and ready to take profits as they come. This year has brought in a good amount of speculation which could be why we are seeing this recent momentum. Still, if you feel unsure about marijuana stocks here are something to consider.
Even with no federal reform in place, there are more states and regions around the world to soon vote on legalizing cannabis. The more places that vote to legalize cannabis and establish new markets only pushes the cannabis industry forward. Just make sure you do your research and keep a watchful eye on the sector. The companies below are a few marijuana stocks to watch this month.
Marijuana Stocks To Watch 2023
Curaleaf Holdings, Inc.
Curaleaf Holdings, Inc. operates as a cannabis operator in the United States. It operates in two segments, Cannabis Operations, and Non-Cannabis Operations. The Cannabis Operations segment engages in the production and sale of cannabis through retail and wholesale channels.
The company recently announced the opening of the Pal Beach Gardens dispensary. As well as the launch of New BlueKudu Chocolates in Florida. The company’s retail presence has grown to 56 locations in Florida and 146 nationwide. Along with two new flavors of BlueKudu chocolate products which launched statewide on January 13th.
Words From The Company
“We are thrilled to continue expanding access to medical cannabis for Florida’s growing patient population and to bring more premium edibles to the state with our new BlueKudu products,” said Matt Darin, CEO of Curaleaf. “We look forward to welcoming patients in the Palm Beach area with an unrivaled retail experience and the high-quality, trusted cannabis products they can rely on.”
Verano Holdings Corp.
Verano Holdings Corp. operates as a vertically integrated multi-state cannabis operator in the United States. It engages in the cultivation, processing, wholesale, and retail distribution of cannabis around the United States.
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Words From The CEO
“Legal cannabis in Connecticut will have a positive impact on the economy and local communities, and we’re honored to celebrate this moment in the Constitution State,” said George Archos, Verano Founder and Chief Executive Officer. “Our Verano, CTPharma and Zen Leaf teams are proud to stand with Connecticut residents in celebrating the end of cannabis prohibition. Thank you to Governor Ned Lamont, the Department of Consumer Protection, local communities, our team members, medical cannabis patients and advocates for making this historic day in Connecticut a reality.”
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