2 Marijuana Stocks Watch In The Stock Market Today
Marijuana stocks and the cannabis sector as a whole could see better trading consistency. One of the bigger hurdles for investors has been a lack of consistent momentum. You would think with how the US cannabis industry is thriving it would be a means to see stronger trading. Yet that is not the case. However, during 2023 there is potential for that to change. A new year in a thriving sector can build positive speculation.
For example, this year will be another chance to pass some type of federal reform. As well as the possibility of seeing more states and other regions legalize cannabis. When there’s progress in the cannabis industry or big news it can act as a catalyst for better trading. Some investors due to the high volatility have grown with more caution. Although there has been a good amount of forward motion for most legal markets around the globe. With the increase in success, it now has people looking for marijuana stocks to buy.
Especially before cannabis becomes federally rescheduled which many feel will trigger a run. Now, this is not set in stone but historically when there’s been positive news on the subject marijuana stocks start to trade better. With that being said there is still time to find marijuana stocks worth having in your portfolio. Just make sure you do your research and create a game plan. The companies below are a few marijuana stocks to watch as trading in 2023 continues.
Marijuana Stocks To Watch 2023
Jushi Holdings Inc.
Jushi Holdings Inc. is a vertically integrated cannabis company that engages in the cultivation, processing, retail, and distribution of medical and adult-use products. In recent news, the company announced the opening of its 36th dispensary nationwide and its first retail location in Ohio.
This makes for the company’s fifth vertically integrated state-level operation. Beyond Hello™ Cincinnati will begin serving medical cannabis patients and registered agents on Thursday, January 12th at 9:00 a.m.
Words From The Company
“Beyond Hello™ Cincinnati marks the opening of our first retail location in Ohio and Jushi’s fifth vertically integrated state, with the Buckeye State now joining Pennsylvania1, Virginia, Massachusetts, and Nevada,” said Jushi Chief Executive Officer, Chairman, and Founder Jim Cacioppo.
[Read More] 2 Marijuana Stocks To Buy Now In 2023?
TerrAscend Corp. cultivates, processes, and sells medical and adult-use cannabis in Canada and the United States. It produces and distributes hemp-derived wellness products to retail locations. Plus manufactures cannabis-infused artisan edibles.
The company also operates three retail dispensaries under the Apothecarium brand name in California and Pennsylvania. On December 21st the company released an amendment news release. The news is TerrAscend announced an amendment to the Pennsylvania credit agreement.
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