Top Marijuana Stocks To Buy Before Next Month?
Investing in marijuana stocks can be risky, as the industry is still relatively new, and regulatory changes can impact performance. Additionally, some companies may face challenges related to production and distribution, and competition from other players in the industry. It’s important to conduct thorough research before investing in marijuana stocks. It is always wise to understand the risks associated with this type of investment.
The cannabis sector is one with high levels of volatile trading that can difficult for some. Although the recent volatility has helped some find top marijuana stocks to buy at lower entry points. Often times when volatile trading takes place it leads to a pullback in trading. Still, the cannabis industry is still evolving, and as it does investment opportunities could follow it. The legalization of marijuana in various countries and states has led to a surge in investor interest in marijuana stocks.
Yet with no federal reform set in place, the upward consistency for most cannabis stocks has been lacking. Many feel once federal reform is passed we will see a change in the way the sector performs. Now is a time to get prepared for the future of the sector especially as we wait for federal reform to pass. Below are 2 marijuana stocks to watch this week for better trading.
Top Marijuana Stocks To Watch 2023
Trulieve Cannabis Corp.
Trulieve Cannabis Corp. together with its subsidiaries operates as a medical cannabis company. The company cultivates and produces products in-house and distributes its products to Trulieve branded stores (dispensaries) in Florida.
As well as through home delivery. The company announced its April 2023 event participation. Also in recent company news, Trulieve has opened another dispensary in Palatka, FL.
Benzinga Cannabis Capital Conference, April 11-12, 2023: Chief Marketing Officer Gina Collins will participate in a panel discussion on Tuesday, April 11th at 10:10 AM.
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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 the company announced that the Audit Committee of the Company’s Board of Directors, with the assistance of outside counsel and consultants.
As well in discussion with the Company’s auditors, has been conducted, after an internal review by management. A review of certain purchases and sales of products through the Company’s wholesale channel.
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This was done to determine whether they had commercial substance and to confirm the timing and appropriateness of the recognition of revenue from those transactions, mainly in the last quarter of 2021 and the first and second quarters of 2022.
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