Top Marijuana Stocks To Watch 2nd Week Of August
Most cannabis investors are looking for top marijuana stocks to buy for future profits. Now with how unpredictable the sector can be any chance to take profits should be done. But the purpose of seeing cannabis stocks as a long-term investment versus short is how the sector has changed. At this point, most of the cannabis sector was good for quick in-and-out trading.
Currently, with the progression of the cannabis industry, things have slowed down dramatically with the big boost in momentum. For some time now there have been more drops in the sector than upward trading. Much of this has to do with establishing better rules and regulations and the concerns some people have with cannabis and its longevity. Some feel a bit of doubt about marijuana stocks mainly do the letdown of passing federal reform.
The bulk of cannabis advocates both Democrats and Republicans see the potential as another emerging industry like tobacco and alcohol back in the prohibtion error. However, the failure of federal reform has been the biggest reason for volatile trading. Nevertheless, things could change in the near future with another reform bill recently drafted similar to the way alcohol became legal.
So with this in mind, investors are optimistic about what may happen and see now as time to prepare and invest. If you are new to investing in cannabis like all investments do your research on various companies and the sector as a whole. The companies below are several marijuana stocks to watch for better trading in the rest of 2023.
Top Marijuana Stocks To Watch 2023
- Green Thumb Industries Inc. (OTC:GTBIF)
- Trulieve Cannabis Corp.(OTC:TCNNF)
- Curaleaf Holdings, Inc.(OTC:CURLF)
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 they will be opening a RISE dispensary in Las Vegas pn Crag. This makes for the company’s 84th retail location in the nation which is set to open August 2nd.
Words From The VP
“We are thrilled to open another RISE Dispensary in Las Vegas, a community that has welcomed us with open arms,” said Matt Navarro, Senior Vice President of Retail at Green Thumb. “We are proud to offer greater access to well-being through cannabis to more people in the area, while once again supporting Opportunity Village, an organization that shares our commitment to making a positive impact on the community.”
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Trulieve Cannabis Corp.
Trulieve Cannabis Corp. together with its subsidiaries, operates as a medical cannabis company. The company 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 relocation of a medical dispensary in Kissimmee, Fla.
Words From The Company
“Trulieve is committed to offering our Florida patients a broad selection of convenient locations and top-quality products to choose from, while also providing best-in-class customer service,” said Trulieve’s Chief Executive Officer Kim Rivers. “This new location delivers on that commitment and we will continue to seek new opportunities to better serve this community.”
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Curaleaf Holdings, Inc.
Curaleaf Holdings, Inc. operates a cannabis operator in the United States. It operates through Domestic Operations and International Operations segments. The company engages in the cultivation, production, and sale of cannabis products through retail and wholesale channels. 
On July 12th the company announced it will report its Q2 2023 financial and operations results. Management will host a conference call and audio webcast that afternoon at 5:00 p.m. ET consisting of prepared remarks followed by a question-and-answer session related to the Company’s operational and financial highlights.
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