2 Marijuana Stocks To Invest In This Year
Marijuana stock investors are looking forward to a new week of trading. With the cannabis sector showing more up-and-down trading as 2023 continues this can be an advantage. The upside to a volatile market is being able to leverage a decline in trading as a moment to prepare. What this means is when the sector begins to drop it can be a chance to find top marijuana stocks to buy.
Yet before you buy anything you should follow several steps. First, you want to learn and follow the cannabis sector and how most companies perform. Having an understanding of how certain marijuana stocks to trade can also help with which company is better to invest in. Next, you should put together a watchlist of possible marijuana stocks and begin the due diligence process.
Learn about the company out of the market are they profitable are they a successful business? All of the above play a part in having better insight into knowing which companies to invest in. The more you know about a company the more confidence you can have when investing in cannabis stocks. So the companies below are a few cannabis stocks to watch in today’s stock market.
Top Marijuana Stocks To Watch Today
- GrowGeneration Corp. (NASDAQ:GRWG)
- Agrify Corporation (NASDAQ:AGFY)
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.
Words From The CEO
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.”
[Read More] Top Cannabis ETFs To Watch Mid February
Agrify Corporation
Agrify Corporation develops precision hardware and software cultivation and extraction solutions for the cannabis and hemp industry in the United States. Recently the company announced a strategic plan to foster sustainable long-term growth.
The plan primarily consists of reducing certain costs and leveraging various cost synergies to achieve new operational efficiencies. For example, growing the top-line revenue through targeted sales efforts in the most attractive channels. Plus assembling the best leadership and talent in the industry.
[Read More] Are US Marijuana Stocks A Buy Before March? 3 For Your List This Week
Words From The Company
“Over the past few years, Agrify has fortified its position as one of the leading solution providers in the cannabis industry, offering customers a full suite of highly compelling products and services across cultivation and extraction,” said Raymond Chang, Chairman, and Chief Executive Officer of Agrify
MAPH Enterprises, LLC | (305) 414-0128 | 1501 Venera Ave, Coral Gables, FL 33146 | new@marijuanastocks.com
