Top Marijuana Stocks Investors Are Watching In 2023
This past week marijuana stocks saw a slight increase in up-and-down trading. Now, this was not all bad depending on how you trade in the midst of a volatile sector. So for instance, if you are up in your position and you see that shares begin to fall this may cause some upset for shareholders. Yet with a bit of optimism some look at a decline as an investment opportunity. Whenever there is a pullback in a sector initially some investors begin to search for marijuana stocks to buy.
You want to have the advantage when the sector does begin to recover. One of the better ways to prepare for better trading is to buy low and sell high. The volatile behavior holds an advantage for those who know how to leverage it. Others find that volatile trading is more frustrating than lucrative which is what occurred back in 2022.
The level of volatile trading was so high it was tough for some shareholders to see the returns they wanted. Nonetheless, those who were able to adjust their trading styles were able to see better profits. But as trading continues for marijuana stocks 2023 could be a big year for the cannabis sector. The companies below are a few marijuana stocks to watch this year.
Marijuana Stocks For Your 2023 Watchlist
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. In recent news, the company published its inaugural social impact report.
This report provides an overview of the company’s most recent initiatives. Which is set across its four “Growing for Good” pillars: Community Engagement; Diversity, Equity & Inclusion; Restorative Justice; and Environmental Stewardship.
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Words From The Company
“Creating a positive impact in communities has been a core part of Green Thumb’s mission since our founding. Cannabis has the power to spread positivity in endless ways, and our goal is to amplify that impact through our Growing for Good program,” said Green Thumb Founder, Chairman, and Chief Executive Officer Ben Kovler.
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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.
Recently the company announced it will hold a fourth-quarter and full-year 2022 conference call on March 1st, 2023. Chairman, Founder, and Chief Executive Officer Kim Rivers, Chief Financial Officer Alex D’Amico, and President Steve White will participate in the call to review Trulieve’s financial and operating results.
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