Top Marijuana Stocks On Investor’s Radar
Marijuana stock investors are focused on the future of the cannabis industry. There is a lot in the works that would help keep the sector moving in the right direction. Much of the progress investors want to see is based on legislation. A better reform would make certain ventures easier and safer. As well as the possibility of seeing healthier trading. When there is a reason to invest in cannabis stocks it often revolves around some type of progress.
For example news on reform or the company whether its financials or new products. The more positive and impactful the news is the better odds of seeing marijuana stocks rise in trading. This is why during this current volatile time many are looking for the best marijuana stocks to buy. Investors want to set up their cannabis portfolio for future gains.
Or as momentum comes into the sector take profits where they can. Now it is always important to create a strategy that will help you when trading and investing. One of the factors to keep in mind is cannabis stocks have more unpredictable trading patterns than other companies. That is why being aware and implementing a plan that helps you take profits is important. The companies below are some pot stocks to watch this week.
Top Marijuana Stocks For Your 2023 Watchlist
- Jushi Holdings Inc. (OTC:JUSHF)
- Greenlane Holdings, Inc. (NASDAQ:GNLN)
- Verano Holdings Corp. (OTC:VRNOF)
Jushi Holdings Inc.
Jushi Holdings Inc. a vertically integrated cannabis company, engages in the cultivation, processing, retail, and distribution of medical and adult-use products.
It focuses on building a portfolio of cannabis assets in various jurisdictions around the United States. On August 22nd the company announced the opening of its 6th Beyond Hello dispensary in Woodbridge Virginia.
Words From The Company
“Located in Prince William County in a suburban community just outside of Washington, D.C. and situated along the Potomac River, Beyond Hello™ Woodbridge marks the opening of our sixth dispensary in Virginia,” said Jim Cacioppo, Chief Executive Officer, Chairman and Founder of Jushi Holdings Inc.”
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 had a conference call to discuss its Q2 2023 financial earnings. As well Greenlane also reported its Q2 fiscal 2023 results.
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Second Quarter 2023 Fiscal Earnings Highlights
- Revenue for Q2 2023 decreased to $19.6 million, compared to $24.0 million in Q1 2023.
- Operating expenses in Q2 2023 were reduced $0.9 million or 6.2% compared with Q1 2023.
- Net loss attributed to Greenlane Holdings, Inc. for Q2 2023 was $10.5 million, compared to $10.2 million in Q1 2023.
- Basic and diluted net loss of $6.56 per share compared to a loss of $6.40 per share for the prior quarter.
- Adjusted EBITDA loss for Q2 2023 was $5.8 million compared to a loss of $6.8 million for Q1 2023.
- The Company has launched 21 new products this year
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Verano Holdings Corp.
Verano Holdings Corp. operates as a vertically integrated multi-state cannabis operator in the United States. The company engages in the cultivation, processing, wholesale, and retail distribution of cannabis around the United States. Recently the company launched its 3rd annual Breast Cancer Awareness Month donation. 
This is in an effort to support the Lynn Sage Breast Cancer Foundation. Throughout the entire month of October, Verano will host a fundraising campaign across the Company’s Zen Leaf and MÜV dispensaries in eleven states. This will include Arizona, Arkansas, Connecticut, Florida, Illinois, Massachusetts, Maryland, Michigan, New Jersey, Nevada and West Virginia.
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