2 Marijuana Stocks That Could See More Gains This Month
In the last few weeks of trading, many marijuana stocks are beginning to see a decline. For some people, this adds more uncertainty about how marijuana stocks will trade in the future. Although the cannabis sector can be frustrating at times volatility does present some upside. For example, this current pullback means people can find top marijuana stocks to buy. Which is a good strategy to have especially with how unpredictable the cannabis sector can be.
The name of the game is to buy low and sell high which can happen when moments of pullback occur. Now with earnings about to release this could be a means to see another recovery in November. Right now could be seen as a time to get prepared for the future and keep an optimistic outlook. With a watchful eye and thorough due diligence, it is possible to see better odds of seeing good returns.
The cannabis industry is still young and growing. What this means is there could be more investment opportunities down the road that may transcend into more upward trading for marijuana stocks. As well with no federal reform set in place now is a keen time to get invested as many feel enacted federal reform may cause a big run. The cannabis stocks below are some options to watch first week of November
Top Marijuana Stocks To Watch Now In November
Trulieve Cannabis Corp.
Trulieve Cannabis Corp. together with its subsidiaries operates as a medical cannabis company. It cultivates and produces products in-house and distributes its products to Trulieve branded stores (dispensaries) in Florida, as well as through home delivery.
Back on October 14th, the company announced it will be opening a medical marijuana dispensary in Land O’ Lakes, Florida. The official grand opening was on October 15th.
Words From The CEO
“Trulieve is proud to continue being at the forefront of expanding access to medical marijuana for Florida’s patient population,” said Trulieve’s Chief Executive Officer Kim Rivers. “Trulieve is committed to offering patients high-quality products and providing exceptional customer experiences.”
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Green Thumb Industries Inc.
Green Thumb Industries Inc. engages in the manufacture, distribution, and sale of various cannabis products. Particularly for medical and adult use in the United States. In recent news, the company announced it will be launching RISE Express” dispensaries in Florida. The plan is to expand its medical retail footprint in Florida through a lease agreement with Circle K, the global convenience store retailer.
Starting in 2023, Green Thumb plans to launch its test and learn phase of the rollout with approximately ten “RISE Express” branded dispensaries adjacent to Circle K stores in various Florida locations.
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Through the exclusive agreement, Green Thumb can lease space from Circle K in Florida, where the retailer currently operates approximately 600 locations. The “RISE Express” stores will offer patients a selection of branded cannabis products including RYTHM premium flower, Dogwalkers pre-rolls, incredible gummies, and &Shine vapes.
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