2 Marijuana Stocks To Add To Your Watch List
As more cannabis companies continue to release their current earnings marijuana stock investors are watching for the next recovery. Although not all company news including earning reports resonates in a way that can help its trading. But if the news is positive it gives more confidence towards future investing. Right now it shows that it’s buyers market for cannabis investing. Finding top marijuana stocks to buy is not expensive but there needs to be a game plan and strategy to it.
The way the sector trades can change without warning sometimes falling lower than what you bought your shares for. Still, the cannabis industry is growing and progressing day by day. As well there is a big void being worked on in regards to federal regulator issues. People want better assurance that their investments won’t go to waste due to fear of federal regulators shutting down the industry.
Although doubtful that would happen once that fear is lifted investors will feel more confident to invest with our fear. For now, the sector is seeing more of a decline with moments of recovery for short periods. That is why if you decide to invest in cannabis stocks create a game plan that gives you the better odds of seeing a profit in a volatile sector. The companies below are a few marijuana stocks to watch in the market today.
Marijuana Stocks To Watch In The Market
- Greenlane Holdings, Inc. (NASDAQ:GNLN)
- GrowGeneration Corp. (NASDAQ:GRWG)
Greenlane Holdings, Inc.
Greenlane Holdings, Inc. develops and distributes cannabis accessories, vape solutions, and lifestyle products in the United States, Canada, and Europe. It operates in two segments, Consumer Goods and Industrial Goods. In recent news, the company announced the Board’s approval of a reverse stock split ratio. 
The reverse split is primarily intended to bring Greenlane into compliance with the minimum bid price requirement for maintaining its listing on the Nasdaq. The new CUSIP number for the Class A common stock following the reverse split will be 395330301.
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GrowGeneration Corp.
GrowGeneration Corp. through its subsidiaries, owns and operates retail hydroponic and organic gardening stores in the United States. Recently the company released news about its upcoming conference participation. 
- Stifel 6th Annual Cross Sector Insight Conference: Darren Lampert, Co-founder, and Chief Executive Officer, will participate in a fireside chat on Tuesday, June 6, 2023, at 4:10 p.m. Eastern Time. The live webcast of the fireside chat will be accessible in the “Events” section of the Company’s Investor Relations website at https://ir.growgeneration.com/. An archived replay of the webcast will be available shortly after the live events have concluded.
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- Oppenheimer 23rd Annual Consumer Growth & E-commerce Conference: Darren Lampert, Co-founder, and Chief Executive Officer, will participate in a fireside chat on Monday, June 12, 2023, at 3:45 p.m. Eastern Time. The live webcast of the fireside chat will be accessible in the “Events” section of the Company’s Investor Relations website at https://ir.growgeneration.com/. An archived replay of the webcast will be available shortly after the live events have concluded.
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