Top Marijuana Stocks To Buy In 2023?

Marijuana stock investors are getting ready to see what 2023 will bring. The hope for most investors is to see better trading consistency. This last year the cannabis sector has performed with a high level of volatility. This up-and-down trading has had its positive and negative aspects to it. Of course when a drop in trading happens its a time to find marijuana stocks to buy. As well when there is a recovery it’s a chance to take profits which is how most volatile trading happens. In 2023 many cannabis companies are going to execute various ventures started in 2022. For example the launch of new product dispensaries and partnerships.

All of which if successful may add some much-needed momentum for marijuana stocks. Also, 2023 will bring the continued fight to pass federal reform. As many would love to see the end of cannabis prohibtion the passing of cannabis banking may be the first stop. There is much to look forward to and in the last few days of 2022, some marijuana stocks have been able to see a rise in trading. Hopefully, in 2023 we will see an excellent start to the new year and more progression for the cannabis industry. The companies below are several marijuana stocks to watch in 2023.

Top Marijuana Stocks To Watch 2023

  1. Trulieve Cannabis Corp. (OTC:TCNNF)
  2. Green Thumb Industries Inc. (OTC:GTBIF)
  3. Curaleaf Holdings, Inc. (OTC:CURLF)

Trulieve Cannabis Corp.

Trulieve Cannabis Corp. together with its subsidiaries operates as a medical cannabis company. It cultivates and produces products in-house and distributes its products to Trulieve branded stores (dispensaries) in Florida, as well as through home delivery. Back on December 22nd, the company announced the closing of $18.9 million in financing. marijuana stocks to watch trulieve (TRUL) (TCNNF)

Trulieve will pay interest at a fixed rate of 7.3% for the first five years of the ten-year loan. After five years, the rate resets at five-year Treasury plus 3.5% for the remainder of the loan. The Company may prepay the loan with cash from operations with no prepayment penalties at any time. The Company intends to use the net loan proceeds for general corporate purposes.

Words From The Company

“We are pleased to announce our second non-dilutive financing this month,” said Trulieve Chief Executive Officer, Kim Rivers. “This financing at attractive terms further bolsters our cash position as we enter 2023.”

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Green Thumb Industries Inc.

Green Thumb Industries Inc. engages in the manufacture, distribution, and sale of various cannabis products for medical and adult use in the United States. In recent news, the company announced the expansion of its executive leadership team. The company has appointed four executive leadership positions and one new board member. GTBIF

The leadership promotions include Anthony Georgiadis to President and Matt Faulkner to Chief Financial Officer. As well as Bret Kravitz to General Counsel and Secretary. Plus the appointments of Rachel Albert to Chief Administrative Officer and Dawn Wilson Barnes to the Company’s board of directors. These appointments will be effective January 1, 2023.

Words From The CEO

“These changes reflect the natural evolution of high-performing team members to positions of greater responsibility and demonstrate our conviction in the strength of our leadership,” said Green Thumb Founder, Chairman, and Chief Executive Officer Ben Kovle

[Read More] 2 Marijuana Stocks To Watch Today

Curaleaf Holdings, Inc.

Curaleaf Holdings, Inc. operates as a cannabis operator in the United States. It operates in two segments, Cannabis Operations, and Non-Cannabis Operations.

marijuana stocks to watch Curaleaf Holdings (CURLF) (CURA)On December 20th the company announced the opening of its new Tallahassee, FL dispensary. This new location now puts the company’s retail presence at 55 locations in Florida and 145 nationwide.

Words From Matt Darin

“We are thrilled to continue expanding access to medical cannabis for Florida’s growing patient population,” said Matt Darin, CEO of Curaleaf. “We look forward to welcoming patients from Tallahassee and across the Sunshine State with an unrivaled retail experience and the high-quality, trusted cannabis products they can rely on.”

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