3 Marijuana Stocks To Know About Right Now
When it comes to the investing side of the cannabis industry there are several routes to go. Yet many choose marijuana stocks as the easier access point. The reason is with marijuana stocks you don’t need to worry about any of the issues the business owners do. All you would need to do is purchase shares of the company as a way to be involved. But before you do start the journey looking for top marijuana stocks to buy there are certain things to consider.
For starters, you want to learn about the sector and how to trade in a volatile sector. This is done by having the proper education and learning through trial and error. As well you want to build a watch and do your research on each company. The more you know about a company and how they perform in and out of the market will let you know if it’s worth investing.
Most cannabis stocks were quick short-term investments. However, over the last year or so, it has turned into more of a long-term game with a buy-and-hold strategy. Some feel things will begin to pick back up once comprehensive reform is made law. Even still with how volatile the sector it’s still possible to see better trading at any moment. Below are several marijuana stocks to watch for better trading in 2023.
Marijuana Stocks To Watch Today
- Innovative Industrial Properties, Inc. (NYSE:IIPR)
- Power REIT (NYSE:PW)
- AFC Gamma, Inc. (NASDAQ:AFCG)
Innovative Industrial Properties, Inc.
Innovative Industrial Properties, Inc. is a self-advised Maryland corporation focused on the acquisition, ownership, and management of specialized properties leased to experienced, state-licensed operators for their regulated medical-use cannabis facilities.
In recent news, the company announced senior leadership appointments and promotions. David Smith joins as CFO, Catherine Hastings promoted to COO and Ben Regin promoted to CIO.
[Read More] What Will We See In The Cannabis Industry 2023
Power REIT
Power REIT is a real estate investment trust (REIT) that owns real estate related to infrastructure assets. This includes properties for Controlled Environment Agriculture, Renewable Energy, and Transportation. Power REIT is actively seeking to expand its real estate portfolio related to Controlled Environment Agriculture. 
At the end of January, the company announced its 2022 dividend income tax treatment. The Federal income tax classification of the distribution per share on the Company’s 7.75% Series A Preferred Stock with respect to the calendar year ended December 31, 2022.
AFC Gamma, Inc.
AFC Gamma, Inc. originates, structures, underwrites, and invests in senior secured loans, and other types of loans and debt securities for established companies operating in the cannabis industry in states that have legalized medical and/or adult-use cannabis. 
On March 20th the company announced a CFO transition. Brandon Hetzel, AFC Gamma’s current Executive Vice President, Controller, has been appointed to serve as the Company’s Chief Financial Officer and Treasurer. Mr. Hetzel’s appointment was approved by the Company’s Board of Directors on March 17, 2023.
[Read More] Top Marijuana Stocks To Watch Right Now In 2023
Words From The Company
“Effective immediately, the Board has appointed Brandon Hetzel as Chief Financial Officer and Treasurer. We are very excited to have Brandon step into the role, as he has been integral to the Company’s success since he joined in September of 2020 and brings with him both detailed knowledge of our business and significant real estate experience, which will be valuable to AFC Gamma as it expands its investment strategy to include traditional commercial real estate,” stated the Company’s Chairman and Chief Executive Officer, Leonard Tannenbaum.
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