Cannabis Investing In April 2 Marijuana Stocks To Watch
When it comes to marijuana stock investing you should have a plan of action. This is not just for cannabis investing but all forms of investing. But with the cannabis sector having a strategy that allows you to adapt to changes in the market is key. A large part of the cannabis sector trades with an unpredictable pattern which can lead to issues for investors. The level of volatile action has made more cannabis investors cautious towards future trading. The concern becomes not being able to make money inside a sector that is still evolving.
Nevertheless, there are those who find value in this sector as things slowly continue to push forward in the cannabis industry. So what you should do is have a trading strategy that prepares you for the best odds at seeing solid returns. But how to begin you want to anticipate that at some point marijuana stocks will see a pullback due to volatility. Once you catch the downside of the sector it becomes cheaper to find the best marijuana stocks to buy.
Then you should wait till you see the stocks in your portfolio rise to a level you feel is worth taking profits. If you see consistent pullback it could be wise to continue to take a larger position so that when there is a rise you can see a bigger return. Now this is not a guaranteed plan but being able to find marijuana stocks at low entry points is how it’s done. Buy low and sell high is one of the most important points in any type of investing. Also, make sure you do your research beforehand as well.
Top Marijuana Stocks To Watch 2023
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.
In recent news, the company has acquired a store in Bozeman Montana adding its 17th to its state. As a part of the transaction, GrowGen also took over the existing store location at 1602 W. Beall St. Bozeman, MT.
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Words From The Company
Darren Lampert, Co-Founder, and Chief Executive Officer of GrowGen said, “We are excited to expand our retail footprint into Montana with this transaction. Since its founding, Community Garden & Greenhouse has been very successful in serving its local and surrounding growing communities. We look forward to continuing this strong legacy and further building out this strategically important market for GrowGen.”
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 the completion of the total turnkey cultivation facility Denver Greens pending final inspection.
Phase 1 of major construction is complete at Denver Greens, an approximately 9,000 sq. ft. facility with plans for both cultivation and extraction.
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Vegetative and mother rooms have been completed and loaded with plant material in anticipation of a spring planting in 60 of Agrify’s double-stacked Vertical Farming Units (VFUs). Final facility approvals are expected by mid-April.
MAPH Enterprises, LLC | (305) 414-0128 | 1501 Venera Ave, Coral Gables, FL 33146 | new@marijuanastocks.com