Canadian Pot Stocks To Watch

3 Canadian Marijuana Stocks To Watch In The Stock Market Right Now

Marijuana stocks are showing signs of a slight pullback in the stock market. Much of this can be attributed to the increase in volatile trading as well as speculation. Now this speculation can be due to companies getting ready to release earnings this month. At times when a company is soon to report earnings, it can create either a rise or decline in trading. Although some may see a decline as a bad thing it can also be an opportune time to find marijuana stocks to buy.

As 2023 is approaching comes new chances to push the cannabis industry ahead. Specifically, dealing with federal reform and various ventures between cannabis companies. In 2022 many cannabis companies were able to put together different business deals that will come to life sometime in 2023. As well we will also see another chance to pass federal cannabis reform whether it be the end of prohibition or the SAFE Act. Many feel that once federal reform passes it will lead to seeing a big recovery.

Yet this is just an idea of what may happen no way to know for sure as the cannabis sector is an unpredictable one. But if you are looking to invest in marijuana stocks now may be the time. Just make sure you learn about the companies you feel hold the best value. The companies below are some options to keep on your radar when looking for pot stocks to watch.

Top Marijuana Stocks To Watch Today

  1. Canopy Growth Corporation (NASDAQ:CGC)
  2. Tilray Brands, Inc. (NASDAQ:TLRY)
  3. Village Farms International, Inc. (NASDAQ:VFF)

Canopy Growth Corporation

Canopy Growth Corporation together with its subsidiaries, engages in the production, distribution, and sale of cannabis and hemp-based products for recreational and medical purposes primarily in Canada, the United States, and Germany. It operates through two segments, Global Cannabis and Other Consumer Products. In recent news, the company will be reporting its second quarter fiscal 2023 financial results.

marijuana stocks on robinhood Canopy Growth (CGC)

These reports will be released on November 9th. Following the release of its second quarter fiscal year 2023 financial results, Canopy Growth will host an audio webcast with David Klein, CEO, and Judy Hong, CFO on November 9, 2022, at 10:00 AM Eastern Time.

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. The company operates through four segments: Cannabis Business, Distribution Business, Beverage Alcohol Business, and Wellness Business. marijuana stocks on robinhood Tilray Inc. (TLRY)

On November 2nd the company announced an alliance with Charlotte’s Web Holdings, Inc. The purpose of this venture is to launch Charlotte’s Web proprietary full-spectrum hemp CBD products across Canada in 2023. For the first time, Canadians will have the ease of nationwide availability of Charlotte’s WebTM full spectrum CBD products. Which was made available through Tilray’s distribution network.

[Read More] 2 Pot Stocks For Your 2023 Watchlist

Village Farms International, Inc.

Village Farms International, Inc. together with its subsidiaries, produces, markets, and distributes greenhouse-grown tomatoes, bell peppers, and cucumbers in North America. It operates through four segments: Produce, Cannabis-Canada, Cannabis-U.S., and Energy. VFF

At the end of October, Village Farms announced it will report its Q3 2022 financial results on November 9th. Following this release, the company will hold a conference on the same day.

[Read More] Best US Marijuana Stocks To Watch This Week? 3 Showing Momentum

Management will address questions received via email as part of the conference call question and answer session as time permits.

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