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Canadian Marijuana Stocks To Buy In November?

2 Canadian Marijuana Stocks To Watch For Better Trading

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This past week some marijuana stocks saw their momentum slow down a bit. However with November soon to begin we may see the sector build back some of its lost momentum. Now for a good amount time of in October marijuana stocks did see a small level of upward consistency. So with a new month set to begin, we may see some speculation create better trading for the cannabis sector. Why you may ask? and the answer is that in November companies are going to start releasing earrings.

When cannabis companies report strong financials it can oftentimes lead to better trading even if it’s just for a moment. Those who invest in marijuana stocks know that consistent upward trading has not been the best. But with the earrings so to be released we may see all-around better consistency. As well there are only a few months left in 2022 and with a new year comes another chance to overcome certain obstacles in the cannabis industry. With 2023 on the horizon means another opportunity to pass federal cannabis reform.

Right now cannabis industry is growing and still relatively young but federal reform is one of the key components to truly reaching its full potential. Still with this in mind there are still moments to find the best marijuana stocks to buy. Just make sure you do your research beforehand. The companies below are a few marijuana stocks to watch this upcoming week.

Marijuana Stocks To Watch This Week

  1. SNDL Inc. (NASDAQ:SNDL)
  2. Aurora Cannabis Inc. (NASDAQ:ACB)

SNDL Inc.

SNDL Inc. engages in the production, distribution, and sale of cannabis products in Canada. The company operates through Cannabis Operations and Retail Operations segments. It engages in the cultivation, distribution, and sale of cannabis for the adult-use markets, As well as the private sale of recreational cannabis through corporate-owned and franchised retail cannabis stores.

‘On October 28th the company announced it will release its third-quarter financial results on Monday, November 14, 2022. Following the release of its third-quarter financial results, SNDL will host a conference call and webcast at 10:30 a.m.

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Aurora Cannabis Inc.

Aurora Cannabis Inc. together with its subsidiaries, produces, distributes, and sells cannabis and cannabis-derivative products in Canada and internationally. The company produces, distributes, and sells medical and consumer cannabis products in Canada. In recent news, the company will host its first quarter fiscal year 2023 investor conference call.

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The conference will be on Thursday, November 10, 2022, at 5:00 p.m. Eastern Time | and 3:00 p.m. Mountain Time. The Company will report its financial results for the first quarter of the fiscal year 2023 after the close of markets that same day.

By J. Phillip

Coming from Miami FL, Jonathan Phillip or (J. Phillip) is a social media marketer and currently head of PR and social media management for MarijuanaStocks.com. When working with clients in various sectors Jonathan will use his expertise and knowledge to make sure the correct audience is viewing and engaging with your content product or service. Jonathan is a self-taught marketer and entrepreneur learning from the best and sharpening his skills with each project.

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