Best Pot Stocks For Next Week In October

Marijuana Stocks To Buy For Cannabis Investing In 2023

Finding the best marijuana stocks to buy can be a bit of a challenge for some. Yet currently investing in some of the top cannabis companies can happen at low entry levels. However, the continuous volatility has led to a big drop in trading and a lack of upward momentum. Those who are able to withstand this drop see it as a means to invest in the future of cannabis. Right now investors are taking up a position in anticipation of when better trading enters the sector.

Now time to time there are days where the cannabis sector shows brief recoveries depending on the catalyst. Most cannabis companies are working on different ventures and various projects. This ranges from new products and services to help improve the industry as a whole. Others are business deals that are focused on mergers and acquisitions to help build stronger entities inside of the sector.

Between the US and Canada and other global regions there are companies like Trulieve Cannabis Corp. and Aurora Cannabis Inc. that are seen as the front runners of the market. As more begin to develop as a whole there stands a good chance for better investment opportunities for the legal cannabis market. Below are a few marijuana stocks to watch before next month begins.

Marijuana Stocks To Add To Your Portfolio

  1. Trulieve Cannabis Corp. (OTC:TCNNF)
  2. Green Thumb Industries Inc. (OTC:GTBIF)
  3. GrowGeneration Corp. (OTC:GRWG)

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 has relocated medical marijuana dispensary in Fort Myers, FL. marijuana stocks to watch trulieve (TRUL) (TCNNF)

Words From The Company

“Trulieve is proud to strengthen our footprint in Florida, one of our core markets, with a new dispensary in north Fort Myers to provide access to medical cannabis in a convenient location for registered patients,” said Trulieve’s Chief Executive Officer Kim Rivers, “Our leading presence in Florida allows us to build scale and depth to serve medical patients for the long term.”

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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. Recently the company opened a RISE dispensary in Philadelphia. This makes for its 82nd retail location in the nation which happened on June 17th. GTBIF

Words From The PA RISE Manager

“We are thrilled to be opening a RISE dispensary in the bustling city of Philadelphia. At RISE, we are dedicated to providing an exceptional experience to each and every patient that walks through our doors, and we couldn’t be happier to extend that care to the people of Philadelphia,” said Tim Hawkins, Commercial General Manager of Pennsylvania at Green Thumb.

GrowGeneration Corp.

GrowGeneration Corp. through its subsidiaries, owns and operates retail hydroponic and organic gardening stores in the United States. Back at the end of May, the company announced it has acquired 2 stores in Alaska to expand its geographic footprint into its 18th state. GRWG

As a part of the transaction, GrowGen took over both existing store locations at 2809 Artic Boulevard, Anchorage, Alaska, and 449 West Parks Highway, Wasilla, Alaska.

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Words From The CEO

Darren Lampert, Co-Founder, and Chief Executive Officer of GrowGen, said, “We are excited to expand our retail footprint into Alaska, representing GrowGen’s 18th state and second new state this year. This transaction is part of our key initiative to continue making whitespace acquisitions and strategically invest our capital for future growth.

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