2 Marijuana Stocks To Watch For Better Trading In 2023
Marijuana stock investors are getting ready for the upcoming week. Over this last week, investors were trying to take advantage of any opportunities they could. Which some were able to do as some days had more volatile trading. This was another example in the cannabis sector when it’s a good time to find marijuana stocks to buy. No matter the reason whenever there is a drop in trading some cannabis stocks could be worth adding to your portfolio.
This year is a time when we will see several things take place that may help how the sector performs. The big variable will be the fight to establish federal cannabis reform. Next will be how successful certain publicly traded companies will have. What this means is if a particular company reports strong earnings or has success in some form it can also be a reason for marijuana stocks to rise in trading.
Now those who are looking to invest in marijuana stock should follow a few steps. Initially, you want to get familiar with the sector and build an understanding of how marijuana stocks perform. Once you have done that you want to build a watchlist and do your homework on those companies. Now after all of the above has been done you can then move forward in knowing which marijuana stocks to watch that hold the best investment potential.
Top Marijuana Stocks To Watch Today
- Greenlane Holdings, Inc. (NASDAQ:GNLN)
- GrowGeneration Corp. (NASDAQ:GRWG)
Greenlane Holdings, Inc.
Greenlane Holdings, Inc. develops and distributes cannabis accessories, child-resistant packaging, vape solutions, and lifestyle products in the United States, Canada, and Europe. It operates through two segments, Consumer Goods and Industrial Goods. During the first week of February, the company announced it has prioritized its product innovation, a family of brands. As well as strategic partnerships to accelerate company growth and success. Greenlane plans to unveil additional new products at CHAMPS in Las Vegas starting February 8th. Upcoming launches include:
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- Groove: Glass Line, Bolt 510 Battery, Ripster Electric Grinder, Pivot Aluminum 2 Piece Knob Grinder, Acrylic Grinder, Hi-Pop One Hitter, and the Spark Butane Torch
- DaVinci: MIQRO-C Vaporzier the successor to the MIQRO
- Eyce: Polycarbonate Grinder and the ORAFLEX Shorty & ORAFLEX Rig
- Higher Standards: Has collaborated with long-time partner, Banana Bros. to launch the Pearl White Otto
GrowGeneration Corp.
GrowGeneration Corp. through its subsidiaries owns and operates retail hydroponic and organic gardening stores in the United States. On February 7th the company announced the hiring of Clifton Tomasini as VP of operations.
Mr. Tomasini will be responsible for overseeing all operations and driving profitability across the organization. This will be done by ensuring collaboration, accountability, and most importantly, customer satisfaction.
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Words From The Company
Darren Lampert, Co-Founder, and Chief Executive Officer of GrowGen said, “We are excited to announce Clif Tomasini as our Vice President of Operations. Clif has spent many years in the hydroponics industry and understands the intricacies and complexities of the various markets we serve. He has a strong hydroponics and operations-based background that will greatly benefit the entire GrowGeneration organization.”
MAPH Enterprises, LLC | (305) 414-0128 | 1501 Venera Ave, Coral Gables, FL 33146 | new@marijuanastocks.com
