2 Marijuana Stocks To Watch In May For Better Momentum
Marijuana stock investors are looking for the next opportunity in cannabis. But what will it be and when will it happen? The cannabis industry as a whole is still fairly new and progressing day by day. When looking for new ways to invest can happen in several ways. For starters with how the industry is still growing new publicly traded cannabis companies may emerge in the market.
Also with new ventures and various projects, it intrigues people to invest in the companies pushing the sector forward. Right now the cannabis sector is still feeling the impact of unpredictable patterns. Some days are up and some days are down. When there is a pullback of any kind most take this as a sign to find the top marijuana stocks to buy. In recent trading, there has been more of a downtrend.
Although on April 26th the Safe Banking Act was reintroduced and the market reacted well. Unfortunately, it was short-lived as that upward push was followed by another drop in trading. Still with more to be done with comprehensive reform taking advantage of market fluctuation can be a strategy to make money. Just make sure you do your research beforehand and build a game plan. Below are a few marijuana stocks to watch right now in the stock market.
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.
In recent news, the company is preparing to hold its first quarter 2023 conference call. This is set for May 10th, 2023. Chairman, Founder, and Chief Executive Officer Kim Rivers, Chief Financial Officer Alex D’Amico, and President Steve White will participate in the call to review Trulieve’s financial and operating results.
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Planet 13 Holdings Inc.
Planet 13 Holdings Inc. an integrated cannabis company, engages in the cultivation, production, distribution, and marketing of cannabis and cannabis-infused products for medical and retail cannabis markets in Nevada, the United States. Recently the company announced the mourning of its Board member passing Mike Harman. Mr. Harman, passed away on April 6, 2023, at the age of 50.
The Company extends its sincere condolences to his wife Jeanette and his entire family. He is remembered as a dear friend, admired colleague, devoted husband, and father. Mike Harman served on Planet 13’s Board of Directors and as Chair of the Audit Committee since Planet 13 went public in June 2018.
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Mr. Harman was a valued board member who helped guide the Company through its go-public transaction, transition to U.S. GAAP, and SEC filing. He was a friend and respected voice to everyone at Planet 13.
MAPH Enterprises, LLC | (305) 414-0128 | 1501 Venera Ave, Coral Gables, FL 33146 | new@marijuanastocks.com