Follow These Tips For Better Cannabis Investing
Investing in marijuana stocks requires careful research and analysis, as with any investment. Here are some steps to help you identify potentially profitable marijuana stocks in today’s stock market:
Understand the Industry:
Stay informed about the current state of the cannabis industry. Understand the legal and regulatory landscape, as it can significantly impact the growth and profitability of marijuana companies.
Research Market Trends:
Identify current trends in the marijuana market. This could include changes in consumer preferences, emerging products, or shifts in regulatory attitudes. Stay updated on the latest news and industry reports.
Competitive Positioning:
Analyze how each company is positioned within the competitive landscape. Consider factors like market share, unique selling propositions, and competitive advantages. Evaluate how well the company can withstand competition.
Risk Assessment:
Understand the risks associated with investing in the marijuana industry. These may include regulatory risks, legal risks, and market risks. Diversify your portfolio to mitigate some of these risks.
Stay Informed:
Continue to stay informed about developments in the marijuana industry. Regularly review company reports, news, and industry analysis to ensure that your investment thesis remains valid.
Remember that investing always involves risk, and it’s important to conduct thorough due diligence before making any investment decisions. Below are several marijuana stocks to watch for better trading using the above steps.
Top Marijuana Stocks To Watch 2023
- Greenlane Holdings, Inc. (NASDAQ:GNLN)
- Jushi Holdings Inc. (OTC:JUSHF)
- Verano Holdings Corp. (OTC:VRNOF)
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.
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
[Read More] 3 Marijuana Stocks To Watch As The Cannabis Industry Continues To Grow
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.”
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 throughout the United States. 
The company has recently opened MUV Apopka. This makes for the company’s 71st Florida dispensary and 133rd retail location nationwide.
[Read More] 3 Marijuana Stocks To Research Before The Market Opens
Words From The President Of MUV
“Opening MÜV Apopka strengthens our robust Orlando area footprint, allowing us to serve the region’s growing patient population as we continue expanding our operations across Florida,” said John Tipton, President of the Southern Region.”
MAPH Enterprises, LLC | (305) 414-0128 | 1501 Venera Ave, Coral Gables, FL 33146 | new@marijuanastocks.com
