Top 3 Marijuana Stocks To Watch For Better Momentum 2023

Marijuana stocks are facing a fair level of unpredictable trading patterns. Much of the trading that is happening inside the cannabis sector is lacking upward momentum and consistency. Some investors are growing more concerned about cannabis investing. It seems there is more worry about when will marijuana stocks begin to see better all-around trading.

Many feel once there is some type of federal reform in place it will lead to stronger upward trading. In fact any time in the past there has been positive news on the subject it often results in a rise in trading for most cannabis stocks. The cannabis industry as a whole is still young but developing day by day. With every new bit of progress or success, it shows people that it could be time to invest in cannabis. For some time the cannabis sector has shown to be incredibly volatile.

As the sector shows an increase in volatility it also helps to find top marijuana stocks to buy at low entry points. Now before you begin to invest make sure you do your homework and learn about each potential company you feel is worth it. Below are several companies to keep on your radar if you are looking for top marijuana stocks to watch in the stock market today.

Marijuana Stocks For Your 2023 Watchlist

  1. Neptune Wellness Solutions Inc. (NASDAQ:NEPT)
  2. Village Farms International, Inc. (NASDAQ:VFF)
  3. TerrAscend Corp. (OTC:TRSSF)

Neptune Wellness Solutions Inc.

Neptune Wellness Solutions Inc. operates as a diversified and fully integrated health and wellness company. In Neptune Wellness’s most recent news, the company has closed a US $4 million public offering. The warrants have an exercise price of US$0.33 per share, are immediately exercisable upon issuance, and will expire five years following the date of issuance. NEPT Stock

The Company plans to use the proceeds of the offering, after the repayment of the debt, for general corporate purposes. So the principal reasons for this offering are to increase the Company’s working capital and improve its ability to access the capital markets in the future. In addition to providing capital for general corporate purposes.

Village Farms International, Inc.

Village Farms International, Inc. together with its subsidiaries, produces, markets, and sells greenhouse-grown tomatoes, bell peppers, and cucumbers in North America. It operates through four segments: Produce, Cannabis-Canada, Cannabis-U.S., and Energy. Recently the company’s subsidiary launched a new BC-grown cultivars from its sun filled greenhouse. VFF

Each new cultivar features unique aromas and lineage offering a variety of flavors—from fresh herbs, fruit, and citrus to spice and gas. Consumers can expect a fresh and flavourful, potent BC bud experience from Pure Sunfarm’s new dried flower products. The new signature strains will be available in convenient whole-dried flower packs and 10-pack pre-rolls.

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TerrAscend Corp.

TerrAscend Corp. cultivates, processes, and sells medical and adult-use cannabis in Canada and the United States. The company produces and distributes hemp-derived wellness products to retail locations; and manufactures cannabis-infused artisan edibles. It also operates retail dispensaries under the Apothecarium brand name in California, Pennsylvania, and New Jersey. TRSSF

The company has announced it has expanded its retail footprint in Maryland. This was done by the company acquiring one of the top-performing dispensaries in the state. So the transaction will add a second dispensary to the Company’s Maryland footprint in advance of adult-use sales, which will begin on July 1, 2023.

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Words From The Company

“Adding a second, high-performing medical dispensary in Maryland is an important step in our strategy to become a market leader in the state,” said Jason Wild, Executive Chairman of TerrAscend. “We expect Peninsula to quickly become one of our highest-performing dispensaries nationwide.

MAPH Enterprises, LLC | (305) 414-0128 | 1501 Venera Ave, Coral Gables, FL 33146 |
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