3 Marijuana Stocks For Your May Portfolio
If you are looking for the best marijuana stocks to buy in 2023 here are things to keep in mind. Much of the cannabis sector is incredibly volatile meaning that how company trades can change without warning. Still with how young the cannabis industry still is there is still room for investing. But before you do begin to invest you should learn about marijuana stocks. Build a watchlist and do your research on each company and get familiar with how they perform in the stock market.
Not just that you want to learn about whether the company’s financials are profitable and whether are they working on any new projects. Sometimes when a company is working on a new venture people find a need to invest before it’s too late. Also with a lack of federal reform, many feel this volatile trading will go on for some time. Many look at cannabis stocks as a buy-and-hold versus short-term investing as it once was.
Nevertheless, the progress that has been made over the last few years has been unmatched by a few emerging industries. So if you feel like cannabis investing is for you stick with a strategy that allows you to adapt to change. As well as taking your time to learn and educate yourself on investing and trading stocks. The companies below are several marijuana stocks to watch this month.
Marijuana Stocks For Your Watchlist
- Cresco Labs Inc. (OTC:CRLBF)
- Curaleaf Holdings, Inc. (OTC:CURLF)
- Glass House Brands Inc. (OTC:GLASF)
Cresco Labs Inc.
Cresco Labs Inc. together with its subsidiaries, cultivates, manufactures, and sells retail and medical cannabis products in the United States. Recently the company opened its second Sunnyside in Miami Florida.
The Company’s Florida retail footprint has grown to 29 total dispensaries. Nationwide, Cresco has 64 operating locations.
Words From The Company
“We’re continuing our Florida expansion effort to bring our highly productive retail model and differentiated portfolio of branded products to more patients living in populous regions,” said Charlie Bachtell, Cresco Labs’ CEO & Co-Founder. “Miami-Dade is the eighth most populous U.S. county, with nearly 2.7 million residents, and we look forward to our new Westchester store joining our existing West Miami store to better serve the growing patient base in South Florida. We’re excited to add our newest Sunnyside store to our growing store network.”
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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. The Cannabis Operations segment engages in the production and sale of cannabis through retail and wholesale channels.
The company announced it will report its fourth quarter and fiscal 2022 year financial and operational results. Management will host a conference call and audio webcast that afternoon at 5:00 p.m. ET consisting of prepared remarks followed by a question and answer session related to the Company’s operational and financial highlights.
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Glass House Brands Inc.
Glass House Brands Inc. through its subsidiaries, cultivates, manufactures, and distributes cannabis bulk flowers and trims to wholesalers in California. It also provides raw cannabis, cannabis oil, and cannabis consumer goods to third-party retail stores; and owns and operates retail cannabis stores.
Recently the company announced it will hold its 2nd Annual Investor Sesh on Friday, June 23rd.
Words From The CEO
“Last year, for our first annual shareholder’s meeting as a public company, we hosted our inaugural Investor Sesh – a day of investor appreciation,” said Kyle Kazan, Co-Founder, Chairman, and CEO of Glass House Brands. “This year, we continue the tradition with our 2nd Annual Investor Sesh, held at our Camarillo SoCal facility – the largest cannabis farm in the US.
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