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Are Marijuana Stock Investors Still Optimistic About These Companies?

Are marijuana stock investors satisfied with the sector’s recent recovery? Those who invest and actively trade marijuana stocks know that it’s been difficult to see consistent gains. Much of that is from several factors as to why some are not so sure if marijuana stocks will yield the returns they thought. However, over the last few days, the sector has begun to recover once more. The recent uptick was more than likely due to Sen. Cory Booker stating in an interview he feels Congress is close to enacting federal cannabis reform.

This update led to most cannabis stocks trading up and some shareholders were able to take some profits.  Also, companies are soon to release their Q4 financials which can be another catalyst to help see profits. The cannabis industry is growing at a fast pace and the revenue that’s coming in is no different. A good amount of people are waiting to see if cannabis companies will meet their goals. Yet even if companies fall short of their projections most times they still see better numbers than the previous quarter.

Yet by not reaching the projections companies anticipate it can have an adverse impact on the market. Most marijuana stocks to watch are volatile and have an unpredictable pattern of trading. So it’s best to always have a watchful eye and be ready to take action. It is always best to have a plan and trade your plan and if need be adjust as things change in the stock market.

Top Marijuana Stocks For Your Watchlist Today

  1. Verano Holdings Corp. (OTC:VRNOF)
  2. Curaleaf Holdings, Inc. (OTC:CURLF)

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 across the United States. On October 14th the company announced the termination arrangement agreement to acquire Goodness Growth Holdings Inc. VRNOF

Also in recent updates, Verano announced the opening of MÜV Panama City Beach and MÜV Port Orange. These 2 locations make for the company’s 60th and 61st Florida locations. In 2022, Verano opened 20 new MÜV locations in Florida, underscoring the Company’s continued retail expansion across the state.

[Read More] Top Medical and Ancillary Marijuana Stocks For Q4 2022

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. In recent news, the company relocates Deerfield, IL dispensary and opens the door to adult-use customers. Curaleaf Deerfield is dedicated to providing premium quality products for adult-use customers while continuing to serve patients enrolled in the Illinois medical program. marijuana stocks to watch Curaleaf Holdings (CURLF) (CURA)

The new location has implemented additional measures to prioritize licensed medical patients including a secure online ordering system and a curbside pickup option for medical patients only.

[Read More] 3 Marijuana Stocks To Buy Before Next Year?

The dispensary celebrates its soft opening today and will follow with an official grand opening event on Thursday, October 20, commencing with a ribbon-cutting ceremony at 9:50 a.m. and featuring festivities throughout the day including limited-time discounts and swag giveaways.

MAPH Enterprises, LLC | (305) 414-0128 | 1501 Venera Ave, Coral Gables, FL 33146 | new@marijuanastocks.com
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