Best Marijuana Stocks 2023: Are These Stocks A Buy?
Marijuana stocks are still showing good trading consistency. Some shareholders are present at the moment enjoying the profits. Other marijuana stock investors are more concerned about how long this upward trading will last. The thing with marijuana stocks is most of them trade with a high level of volatility. What this means is that out warning the way a cannabis stock trades can either go up or down. This type of trading creates a bit more caution for investors.
Nevertheless, these last few weeks have been good for the cannabis sector. During this year there will be several variables that could help to keep this recent uptick going. The ongoing topic of discussion is based on the priority of passing federal reform. Right now cannabis is still federally illegal which is also a big reason why volatility exists. The fear of what may happen with federal regulators still being able to shut down legal businesses is another concern for shareholders.
Still, more than half of the United States and several regions around the world have legalized cannabis. The more the industry grows the better chances of seeing better legislation in the near future. There is much to be seen and done this year which hopefully leads to seeing better returns. So if you are looking for marijuana stocks to buy the companies below could be ones to keep a watch on.
Marijuana Stocks To Watch 2023
Cresco Labs Inc.
Cresco Labs Inc. together with its subsidiaries cultivates, manufactures, and sells retail and medical cannabis products in the United States.
During the first week of December, the company announced the expansion of its retail presence in Orlando, Florida.
Words From The CEO
“As we see one of the country’s largest medical programs continue to expand to nearly 770,000 qualified patients, we’re focused on growing our retail footprint in Florida to bring greater access to our branded products,” said Charlie Bachtell, CEO, and Co-founder of Cresco Labs.
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Curaleaf Holdings, Inc.
Curaleaf Holdings, Inc. operates as a cannabis operator in the United States. It operates in two segments, Cannabis Operations, and Non-Cannabis Operations. The Cannabis Operations segment engages in the production and sale of cannabis through retail and wholesale channels.
In recent news, the company announced the celebration of the opening of the Clermont, FL dispensary. The new dispensary is Curaleaf’s 57th in the Sunshine State and 147th nationwide.
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Words From The Company
“We are thrilled to welcome Curaleaf Clermont to the South Lake Chamber,” said David Colby, President & CEO South Lake Chamber of Commerce. “With a patient-focused approach and a commitment to community, Curaleaf Clermont will be a valuable resource to residents of Lake County and Floridians visiting one of our many attractions in the area.”
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