The Best Marijuana Stocks For Investors To Focus On
Many cannabis companies are starting to release earnings this month. With strong earnings, some marijuana stocks could soon see a rise in momentum. At times when one or more companies report strong financials it can lead to trading off of speculation. When one company can produce strong financials people feel other companies will follow suit so they begin looking for these marijuana stocks to buy. Now not all companies will trade up off of speculation.
That is why having a game plan and sticking to your strategy is important. Inside of volatile sector like cannabis being able to adapt to market changes are important as well. Without warning marijuana stocks can go from upward trading and good momentum to a quick decline. This is where some people have their doubts about investing in cannabis becuase of volatile the sector is. Still with more to be seen and done the cannabis industry as a whole is growing and progressing. Some states have been having 100 million dollar months and billion dollar years.
Collectively for the US cannabis industry, this is huge and shows that this industry can help stimulate the economy and other areas down the line. So if you are looking to invest in cannabis stocks make sure you do your homework on the sector and the companies that interest you the most. The more you know the betters odds you have at making money. The companies below are several marijuana stocks to watch for the rest of the month.
Marijuana Stocks To Watch Today
- IM Cannabis Corp. (NASDAQ:IMCC)
- Clever Leaves Holdings Inc. (NASDAQ:CLVR)
- Aurora Cannabis Inc. (NASDAQ:ACB)
IM Cannabis Corp.
IM Cannabis Corp. engages in the breeding, growing, and supply of medical cannabis products in Israel and Germany. In recent news, the company announced it will report its second quarter 2023 financial results.
This release is set for Monday, August 14th at 9:00 am ET. The Company will host a Zoom web conference on the same day at 9:00 a.m. ET to discuss the results, followed by a question-and-answer session for the investment community.
Clever Leaves Holdings Inc.
Clever Leaves Holdings Inc. operates in the botanical cannabinoid and nutraceutical industries. The company operates through two segments, Cannabinoid and Non-Cannabinoid. On August 8th the company announced it will report its earnings for its Q2 2023 results.
So Clever Leaves plans to release these earnings on the 14th of August. e Company will provide its financial results in a press release prior to the conference call. Clever Leaves management will host the conference call, followed by a question-and-answer session.
Aurora Cannabis Inc.
Aurora Cannabis Inc. together with its subsidiaries, produces, distributes, and sells cannabis and cannabis-derivative products in Canada and internationally. It operates through three segments: Canadian Cannabis, European Cannabis, and Plant Propagation.
The company produces, distributes, and sells medical and consumer cannabis products in Canada. In recent news, the company announced the launch of innovative infused pre-rolls. These prerolls are infused with 50%+ THC for medical cannabis patients on AuroraMedical.com.
Words From The Company
“We continue to innovate our portfolio to meet evolving patient needs and are committed to delivering the novel, high-quality products we know our patients are looking for,” says Lana Culley, VP of Science & Innovation at Aurora Cannabis. “Sourdough Shortcuts are designed with patients in mind and provide a new level of potency in both a convenient format and elevated product experience.”
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