3 Marijuana Stocks To Buy 3rd Week Of January
This week marijuana stock investors are keeping a stern watch on the sector. The start of 2023 has brought with it a moment of better trading for most marijuana stocks. For some time there has been a high level of volatility. The volatile action over the last year has been challenging for shareholders. With continuous up-and-down trading patterns and a lack of consistency, it has not been easy to take profits. Yet 2023 has so far changed that for the time. However, things have just started and there is much to look forward to.
Some feel this recent momentum is based on speculation about what is occurring in the cannabis industry. It’s possible that in 2023 we see more states in the USA legalize cannabis. This would not only further expand the industry but it will develop new markets. New markets bring the expansion of operations for some companies mainly MSOs. So when a new state or region legalizes marijuana it can lead back in the sector and help to see better momentum.
Also, companies that are already in the legal market are growing and progressing. The more success there is the more confidence investors will have and this could transcend into better market action. If you are looking for marijuana stocks to buy the companies below could be options to explore in 2023.
Top Marijuana Stocks 2023
- Trulieve Cannabis Corp. (OTC:TCNNF)
- Green Thumb Industries Inc. (OTC:GTBIF)
- Curaleaf Holdings, Inc. (OTC:CURLF)
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. In recent news, the company announced the transition of accounting leadership.
Rebecca L. Young, Vice President, Chief Accounting Officer of the Company, gave notice of her resignation to be effective as of March 10, 2023. The Company also announced that Joy Malivuk had been named Vice President, Accounting.
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 announced the expansion of its executive leadership team. The company has appointed four executive leadership positions and one new board member.
The leadership promotions include Anthony Georgiadis to President and Matt Faulkner to Chief Financial Officer. As well as Bret Kravitz to General Counsel and Secretary. Plus the appointments of Rachel Albert to Chief Administrative Officer and Dawn Wilson Barnes to the Company’s board of directors. These appointments will be effective January 1, 2023.
Words From The Company
“These changes reflect the natural evolution of high-performing team members to positions of greater responsibility and demonstrate our conviction in the strength of our leadership,” said Green Thumb Founder, Chairman, and Chief Executive Officer Ben Kovle
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.
The company recently announced the opening of the Pal Beach Gardens dispensary. As well as the launch of New BlueKudu Chocolates in Florida. The company’s retail presence has grown to 56 locations in Florida and 146 nationwide. Along with two new flavors of BlueKudu chocolate products which launched statewide on January 13th.
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Words From The CEO
“We are thrilled to continue expanding access to medical cannabis for Florida’s growing patient population and to bring more premium edibles to the state with our new BlueKudu products,” said Matt Darin, CEO of Curaleaf. “We look forward to welcoming patients in the Palm Beach area with an unrivaled retail experience and the high-quality, trusted cannabis products they can rely on.”
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