2 Pot Stocks To Buy Right Now?
Do you know how to find the best marijuana stocks to buy in the stock market today? Right now could be a good time to start looking. The cannabis industry is starting to show more growth and progress. When the industry shows any kind of progress it can at times have a positive impact on how marijuana stocks perform. Recently there have been several important matters that shareholders are waiting for. This past week Chuck Schumer and other key politicians revealed the much anticipated federal reform package.
If passed it would federally legalize cannabis bringing cannabis prohibition to an end in the U.S. Many feel on this day it will possibly cause a breakout for most marijuana stocks. However, there is also talks of the bill not being passed due to other legislators who are not in favor of the bill. Next cannabis companies are getting ready to release earnings. When a company can report strong earnings also at times it can lead to that company seeing a rise in the market.
Although states level reform has its gains as far as business and industry when a new state becomes legal the sector doesn’t always react the same as another catalyst. Still, as of now, there is still much to be seen and done which can hold unseen value for current and future investors. The companies below are several options to consider when looking for top cannabis stocks to watch.
Top Marijuana Stocks To Watch Today
TerrAscend Corp.
TerrAscend Corp. cultivates, processes, and sells medical and adult-use cannabis in Canada and the United States. It produces and distributes hemp-derived wellness products to retail locations; and manufactures cannabis-infused artisan edibles. In recent news, the company has announced it will delight NJ shoppers with an immersive Cookies experience. Additional Cookies Corners are scheduled to launch in Lodi and Phillipsburg in the near future.
All three retail spaces will offer exclusive Cookies products and accessories through an immersive, branded shopping experience. TerrAscend first announced its licensing agreement with Cookies in August 2021. This deal allows the company to cultivate and manufacture Cookies products in New Jersey. In March 2022, TerrAscend completed the acquisition of Gage, a leading vertically-integrated operator in Michigan, which extended its exclusive licensing agreement with Cookies until 2026.
[Read More] 3 Marijuana Stocks To Watch For Better Trading Right Now
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. This July the company has made several announcements. On July 8th the company announced it had hit a milestone. The company has surpassed 50 dispensaries with the opening of its 51st location in Florida. 
Verano’s active operations span 13 states, comprised of 103 dispensaries and 13 cultivation and processing facilities with more than 1 million square feet of cultivation capacity. As well on July 14th Verano announced the opening of Zen Leaf. This makes for the company’s 3rd in West Virginia. In more recent developments the company yet again opened another FL location in Sebring. With this new store, Verano now has a total of 106 dispensaries in the United States.
VRNOF Stock And Market Update
The company back in June was not seeing the best trading. However, from the start of July VRNOF stock has been one to watch. Since July 1st, this marijuana stock has picked up momentum. Even with a small bit of pull back VRNOF stock has continued to climb. The company was able to close in the green from last Friday’s close. As the new week begins hopefully VRNOF stock will further its rise.
[Read More] Chuck Schumer Has Finally Revealed His Long Awaited Marijuana Reform Bill
Marijuana Stock Investing And Industry Growth
Over the last serval weeks, there has been an increase in trading momentum from the info above. Just make sure you do your research and learn about each company. At times some companies may not be trading well but out of the market is doing well as a business and vice versa. Yet a good tip is to consider the companies that hold the most value in the present and the future. Especially with the industry still young and developing being an early investor can be the move to make.
MAPH Enterprises, LLC | (305) 414-0128 | 1501 Venera Ave, Coral Gables, FL 33146 | new@marijuanastocks.com
