Best Cannabis Stocks 2021

3 Top Marijuana Stocks In The Cannabis Sector

Investing in marijuana stocks can be an enticing opportunity for several reasons. First and foremost, the cannabis industry is experiencing significant growth and is poised for further expansion in the coming years. With the legalization and decriminalization of marijuana gaining momentum across various jurisdictions, the market for cannabis products is expanding rapidly. This opens up avenues for substantial revenue generation, creating a fertile ground for potential investors.

Secondly, marijuana stocks offer diversification to an investment portfolio. By investing in this sector, individuals can gain exposure to an emerging market. Espeicially one that is relatively independent of another traditional market. This diversification can be beneficial to one’s portfolio and potentially enhance returns even with the risk involved. As the cannabis industry expands beyond recreational use and into sectors like medical marijuana, CBD-based products, and pharmaceutical applications. There are multiple avenues for growth and revenue generation.

Lastly, finding the best marijuana stocks to buy provides an opportunity for substantial long-term growth. As public perception and acceptance of cannabis continue to evolve, it is likely that the industry will see increased demand and profitability. Moreover, as more countries and states legalize cannabis, there will be an expansion of the global market, This may lead to creating opportunities for both domestic and international investments. With the right research and due diligence, investing in marijuana stocks can be a strategic move for individuals looking to capitalize on this growing cannabis industry.

Top Marijuana Stocks 2023

  1. Tilray Brands, Inc. (NASDAQ:TLRY)
  2. Village Farms International, Inc. (NASDAQ:VFF)
  3. Cronos Group Inc. (NASDAQ:CRON)

Tilray Brands, Inc.

Tilray Brands, Inc. engages in the research, cultivation, production, marketing, and distribution of medical cannabis products in Canada, the United States, Europe, Australia, New Zealand, Latin America, and internationally. In recent news, the company announced the release of its premium CBD, CBN, and THC-infused tea collection. marijuana stocks on robinhood Tilray Inc. (TLRY)

Solei’s new tea collection is a wellness-based product line of caffeine-free teas produced with natural ingredients including cane sugar, premium whole-leaf herbal tea, and tasteful aromatic blends of Peach Ginger, Lavender Chamomile, and Mint, featuring an infusion of unique CBD, CBN, and THC formulations to optimize personal self-care routines. Each premium tea blend is micro-dosed for ease of consumption and is ready to steep however desired – hot or cold, sweetened, or unsweetened, and even as a base to tea-inspired mocktails.

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Village Farms International, Inc.

Village Farms International, Inc. together with its subsidiaries, produces, markets, and sells greenhouse-grown tomatoes, bell peppers, and cucumbers in North America. It operates through four segments: Produce, Cannabis-Canada, Cannabis-U.S., and Energy. Recently the company reported its first-quarter earnings for 2023.

VFF

First Quarter Financial Highlights

  • Consolidated sales decreased 8% year-over-year to $64.7 million from $70.2 million;
  • Operating loss before tax was ($6.1 million) compared with ($8.3 million);
  • Consolidated net loss was ($6.6 million), or ($0.06) per share, compared with ($6.5 million), or ($0.07) per share;
  • Consolidated adjusted EBITDA, a non-GAAP measure, improved to $0.5 million from negative ($6.1 million); and,
  • The Pure Sunfarms revolving and non-revolving credit facilities were extended to a maturity date of February 7, 2026, under the same terms, conditions, and covenants as the original facilities maturing on February 7, 2024.

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Management Commentary

“The first quarter was a solid start to 2023 as continued strong growth in our Canadian Cannabis business and steady sequential performance in our US Cannabis business were complemented by another quarter of significantly improved results in our Fresh Produce business,” said Michael DeGiglio, Chief Executive Officer, Village Farms.

Cronos Group Inc.

Cronos Group Inc. operates as a cannabinoid company. It manufactures, markets, and distributes hemp-derived supplements and cosmetic products through e-commerce, retail, and hospitality partner channels under the Lord Jones brand in the United States. marijuana stocks on robinhood Cronos Group (CRON)

Back on May 12th, the company announced Mike Gorenstein, Chairman, President, and CEO, will speak at the Canaccord Genuity 7th Annual Global Cannabis Conference. The conference will take place on Thursday, May 18, 2023, at 11:00 AM ET.


MAPH Enterprises, LLC | (305) 414-0128 | 1501 Venera Ave, Coral Gables, FL 33146 | new@marijuanastocks.com
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