2 Marijuana Stock To Know About In March 2023
What are marijuana stock investors searching for in the cannabis sector? When looking for the right company to invest in there are various ways to go about making these assessments. Most seasoned investors tend to watch the behavior of the sector and how the stocks perform. After they will build a watchlist of certain cannabis stocks to follow. As well from this list, they will begin to dive into the companies and conduct their due diligence.
Once an investor can see how a company trades and learns more info about them the process of investing can begin. Most of the cannabis sector is volatile so some days there is more downward trading. On the days there is some pullback this is when it would be ideal to find the best marijuana stocks to buy. The strategy should always be to buy and low sell.
As well as prepare yourself for the future because some days the cannabis sector lacks upward consistency which has been a big concern. For cannabis investors looking for pot stocks, it is more of buy and holds game at this point. But with no federal reform to reassure certain investors the level of trading is increasing. Still, the companies below stand a good chance of reaching the highest levels in 2023. Below are 2 marijuana stocks to watch in 2023.
Top Marijuana Stocks To Watch
- Village Farms International, Inc. (NASDAQ:VFF)
- Aurora Cannabis Inc. (NASDAQ:ACB)
Village Farms International, Inc.
Village Farms International, Inc. together with its subsidiaries, produces, markets, and distributes greenhouse-grown tomatoes, bell peppers, and cucumbers in North America. It operates through four segments: Produce, Cannabis-Canada, Cannabis-U.S., and Energy.
In recent news, the company appointed consumer goods distribution veteran Kathy Mahoney to the board of directors. Ms. Mahoney is a veteran of the consumer goods distribution industry. She has served in multiple executive-level roles with industry leader, SpartanNash, in addition to her distinguished legal career.
Words From The Chairman of the Board
“I am very pleased to welcome Ms. Mahoney, with her extensive accomplishments and expertise, to the Village Farms Board,” said John McLernon, Chairman of the Board of Village Farms. “Ms. Mahoney brings to the Village Farms Board a 40-plus year legal and business career, with specific experience navigating the complexities of highly regulated consumer products markets, including tobacco and CBD.”
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Aurora Cannabis Inc.
Aurora Cannabis Inc. together with its subsidiaries, produces, distributes, and sells cannabis and cannabis-derivative products in Canada and internationally. The company produces, distributes, and sells medical and consumer cannabis products in Canada. On February 22nd Aurors and MedRelead Australia launched a new medical cannabis brand CraftPlant.
The CraftPlant brand includes three new products available for doctors to prescribe – Greendae, Navana, and HiVolt. All three are developed from ultra-premium cultivars and are THC-dominant with high percentages of terpenes. The cultivars were developed by Occo, Aurora’s leading science and genetics business. The new range is produced under strict EU-GMP-certified conditions and will be available in 10g containers.
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Words From The Company
“Through our partnership with MedReleaf Australia, we are proud to continue to lead the way in the Australian market with the addition of new and innovative products for patients,” says Miguel Martin, CEO of Aurora Cannabis. “As we build on our strategic international growth plans, Australia has proven to be a very promising and sustainable cannabis market that we are committed to.”
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