Why You Need These Marijuana Stocks In Your Portfolio
For those interested in investing in legal cannabis marijuana stocks are the way to go. Some have the wrong idea about cannabis investing and believe you have to start a company or directly invest in one to be a part of the green rush. Well, that is not entirely true, and for most the easy road is to find top marijuana stocks to buy. Even if they are not the most well-known companies they could trade like some of the better-performing stocks.
Now when the search for the right marijuana stocks will require several steps and actions. Initially, if you are not familiar with stocks you need to get educated about stocks and how to invest and trade. Once you understand stocks and the general market you can begin the hunt to build your portfolio. So when looking for the right companies you want to start with a watchlist of potential investments.
Once you have done your homework on each of them finding the right momentum to take a position is key. Always no matter what want to buy low and sell high and with how volatile cannabis stocks can get finding that low entry point is possible. It’s about timing and awareness and being able to use good judgment in the process. Below are several companies to keep in mind on your journey to investing in the best marijuana stocks to watch.
Top Marijuana Stocks 2023
- Trulieve Cannabis Corp. (OTC:TCNNF)
- Curaleaf Holdings, Inc. (OTC:CURLF)
- Verano Holdings Corp. (OTC:VRNOF)
Trulieve Cannabis Corp.
Trulieve Cannabis Corp. together with its subsidiaries operates as a medical cannabis company. It 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 announced the opening of a new medical cannabis dispensary in Beckley, West Virginia.
Words From CEO Kim Rivers
“We are excited to continue expanding our West Virginia presence to include this new location in Beckley and look forward to serving patients in the surrounding area,” said Trulieve CEO Kim Rivers. “Trulieve is committed to providing the best quality services and products for the state’s registered medical cannabis patients while strengthening community connections in this developing market.”
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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. Recently Curaleaf announced it will report its financial and operating results for the fourth quarter.
As well as its fiscal year ending December 31, 2022, before the market opens on March 28, 2023. Management will host a conference call and audio webcast that morning at 8:30 a.m. ET consists of prepared remarks followed by a question and answer session related to the Company’s operational and financial highlights.
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Verano Holdings Corp.
Verano Holdings Corp. operates as a vertically integrated multi-state cannabis operator in the United States. It engages in the cultivation, processing, wholesale, and retail distribution of cannabis throughout the United States.
The company offers artisanal cannabis products under the Encore, Avexia, MUV, and Verano brands for medical and adult-use markets. The company is headquartered in Chicago, Illinois. On March 2nd the company announced it will report its Q4 2022 full-year financial results. So the company will report its earnings before the market opens on Thursday, March 30, 2023.
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