Top Marijuana Stocks For This Week Trading
As more changes impact the cannabis sector what are marijuana stock investors focused on during this time? The legal battles of the cannabis industry are the main emphasis. Often when there is positive news on reform it has an adverse impact and can help bring momentum to the sector. Yet cannabis investing takes time and patience as the volatility of marijuana stocks is also a factor for investors.
What this means is the unpredictable behavior of the sector can both have pros and cons. The positive is being able to find top marijuana stocks to buy from a volatile downtrend and the con is not being able to take profits before that decline takes place. Nevertheless many feel once better laws and regulations are in place for legal cannabis operators the volatility we see with most marijuana stocks may become less. People want to see better trading momentum.
The speculation of what is to come has also played a big part in how investors search for the best cannabis stocks. Like any form of investing you want to be prepared and take action before things take off. Learning about the sector and building a game plan that fits your investing style can be advantageous for seeing better profits. Below are a few marijuana stocks to watch this month.
Top Marijuana Stocks For You To Know About
- Greenlane Holdings, Inc.(NASDAQ:GNLN)
- Cresco Labs Inc. (OTC:CRLBF)
Greenlane Holdings, Inc.
Greenlane Holdings, Inc. engages in the development and distribution of cannabis accessories, vape devices, and lifestyle products in the United States, Canada, and Europe.
On September 16th the company announced the launch of Fentanyl, Xylazine, and drink spike detection test strips.
Words From The Company
“We are delighted to be working with the Safety Strips’ team who share our high standards for safety and quality, and our strong focus on improving people’s lives and enhancing their safety,” said Barbara Sher, Chief Executive Officer for Greenlane.”
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Cresco Labs Inc.
Cresco Labs Inc., together with its subsidiaries, cultivates, manufactures, and sells retail and medical cannabis products in the United States. Back in September, the company announced Dennis Olis to retire as Chief Financial Officer.
Sharon Schuler, an experienced financial and strategy executive will take over the role of CFO. Schuler recently joined Cresco Labs while preparing to take the role of Chief Financial Officer upon Olis’s departure.
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Words From The CEO
“Dennis has been CFO for Cresco Labs during a period of tremendous growth, profitability improvement and companywide maturation,” said Charlie Bachtell, CEO of Cresco Labs.”
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