The 3 Best Marijuana Stocks In The Cannabis Sector?
What do people look for when searching for marijuana stocks to buy? Well for those who are not familiar with the cannabis sector, there are some things to know. Most publicly traded cannabis companies perform in the sector with high levels of volatility. Wich some feel there is various reason but mainly it’s attributed to cannabis being federally illegal. Although more than half of the United States has legalized cannabis it is still federally illegal.
Knowing this investors proceed with a little more caution before executing any trade. Even with the potential to establish federal reform this year currently, things are still the same. Nevertheless, those who have more optimism see legal cannabis as an opportunity. The cannabis industry is still fairly young which means things are still developing. As things continue to grow it can produce more market opportunities for people who want to invest in the top marijuana stocks.
When looking for cannabis stocks to buy you want to see good trading along with profitability from the company. Sometimes publicly traded cannabis companies perform better outside of the market than in it and vice versa. So finding marijuana stocks that as a company are progressive help in the long run. The best advice most give is to learn the sector and research all the pot stocks you feel are worth investing in. Below are 3 marijuana stocks to watch in 2023 for better trading.
Marijuana Stocks For Your 2023 Watchlist
- Trulieve Cannabis Corp. (OTC:TCNNF)
- Verano Holdings Corp. (OTC:VRNOF)
- StateHouse Holdings Inc. (OTC:STHZF)
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 it will host a Q4 and full-year 2022 earnings conference call.
This conference call will take place on March 1st. Chairman, Founder, and Chief Executive Officer Kim Rivers, Chief Financial Officer Alex D’Amico, and President Steve White will participate in the call to review Trulieve’s financial and operating results.
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Verano Holdings Corp.
Verano Holdings Corp. operates as a vertically integrated multi-state cannabis operator in the United States.
Recently the company announced the opening of MÜV Orlando Colonial. This makes for Veranos 64th Florida location. As well as its 122nd retail location nationwide.
Words From The Company
“We’re thrilled to open another convenient MÜV dispensary to provide the growing Orlando medical cannabis community with access to our suite of premium cannabis products,” said John Tipton, President of Verano. “With three MÜV dispensaries in the Orlando area, our compassionate team of cannabis advisors is ready and eager to serve the local patient community for years to come.”
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StateHouse Holdings Inc.
StateHouse Holdings Inc. is involved in the cultivation, processing, manufacture, distribution, and retailing of cannabis products for the adult-use and medical markets in the United States. It operates 13 retail dispensaries in California and one in Oregon; and a retail dispensary in the Haight Ashbury area of San Francisco, California.
On February 8th the company announced the filing of corrective disclosure pursuant to the OSC review. In connection with the review, the company has determined that certain material contracts were not filed in a timely manner. This was due to an oversight by the Company (the “Non-Filing”). The Company has since remedied the Non-Filing by filing the Documents on SEDAR on December 23, 2022.
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