3 Marijuana Stocks To Buy Before Earnings?
With earnings soon to be reported for some cannabis companies will marijuana stocks see better trading. When the cannabis sector has the right catalyst in place it oftentimes can lead to better trading. Now with cannabis stocks being in a volatile sector not all things have the same impact. For instance, reporting strong earnings could help move the sector up versus news regarding smaller topics. So far the biggest means to sell and buy marijuana has been dependant on federal reform.
The cannabis industry is still young and developing which can bring other means to invest. It is important to conduct thorough research and gain a comprehensive understanding of the cannabis industry. Familiarize yourself with the legal landscape and regulations surrounding cannabis in the specific area you’re seeking. Set clear investment goals that align with your objectives, risk tolerance, and how you plan to make it happen.
Conduct due diligence by researching companies in the cannabis industry. Evaluate their financial health, management team, competitive positioning, product pipeline, and growth prospects. Diversify your portfolio by investing in a mix of companies across various segments of the cannabis industry. By doing so it can help spread risk and capture growth opportunities. Below are several marijuana stocks to watch heading into the week.
Top Marijuana Stocks To Watch 2023
- Green Thumb Industries Inc. (OTC:GTBIF)
- Curaleaf Holdings, Inc. (OTC:CURLF)
- Trulieve Cannabis Corp. (OTC:TCNNF)
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. Recently the company announced it will hold a conference call to discuss its Q2 2023 earnings. This call is set for Tuesday, August 8, 2023. In other recent news, the company has also initiated the launch of adult sales at 4 of its Maryland locations. This took place back at the start of the month on July 1st.
Words From The Company July 1st
“It is truly an honor to celebrate this milestone alongside the people of Maryland and witness the end of Prohibition 2.0 as the 20th state in the country launches adult-use cannabis sales,” said Green Thumb Founder, Chairman, and Chief Executive Officer Ben Kovler.
Curaleaf Holdings, Inc.
Curaleaf Holdings, Inc. operates a cannabis operator in the United States. It operates through Domestic Operations and International Operations segments. The company engages in the cultivation, production, and sale of cannabis products through retail and wholesale channels.
On July 12th the company announced it will report its Q2 2023 financial and operations 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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Trulieve Cannabis Corp.
Trulieve Cannabis Corp., together with its subsidiaries, operates as a medical cannabis company. The company cultivates and produces products in-house and distributes its products to Trulieve branded stores (dispensaries) in Florida, as well as through home delivery. Recently the company announced it will be opening a medical cannabis dispensary in Sanford Florida. This new location was set to open on July 22nd and is now operational.
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Words From The CEO
“We consistently seek opportunities to better serve medical cannabis patients beyond our convenient locations, great customer service, and the broad selection of top-quality products,” said Trulieve’s Chief Executive Officer Kim Rivers. “One of those opportunities is education and we are also making complimentary Elevate Your Knowledge classes available to the Sanford community to advance cannabis health and wellness education.”
MAPH Enterprises, LLC | (305) 414-0128 | 1501 Venera Ave, Coral Gables, FL 33146 | new@marijuanastocks.com