3 Top Marijuana Stocks To Buy 2nd Week Of July?
Some marijuana stock investors are keeping a positive outlook on cannabis investing. The reason is how far along and the continuous progress of the cannabis industry. On a global scale cannabis is becoming much more expected from medical to recreational use. Not just that more companies are starting to push the envelope through different partnerships services and products. Yet the biggest concern for investors and those who work in the cannabis industry are laws and regulations.
This has been the biggest contribution to seeing the current volatile trading. But the future of the sector shows to be promising as this seems to be a time where getting over the legal hump in crucial. So with this in mind what was once a short-term sector for investing has now turned into mid to long-term investment. Now if you can catch a recovery while it last then take profits as they come.
But the majority of those who invest in cannabis stocks, see the future holding more potential to see bigger returns. That is why with the current pullback in the sector finding the top marijuana stocks to buy is important. When investing you want to put your money into a company you feel will yield you the best returns at some point in time. Just make sure you do your research and due diligence beforehand. The more you know about a company the more confident you can be about investing. Below are several marijuana stocks to watch for the rest of 2023.
Top Marijuana Stocks For Your Portfolio
- Greenlane Holdings, Inc. (NASDAQ:GNLN)
- High Tide Inc. (NASDAQ:HITI)
- Cronos Group Inc. (NASDAQ:CRON)
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 announced the closing of a $4.3 million public offering. 
The company’s public offering is 4,047,619 units at a public offering price of $1.05 per unit. The units issued consist of one share of Class A common stock and two common warrants each exercisable for one share of Class A common stock at an exercise price of $1.05 per share.
High Tide Inc.
High Tide Inc. engages in the cannabis retail business in Canada, Europe, the United States, and internationally. The company manufactures and distributes smoking accessories and cannabis lifestyle products. Recently the company announced the voting results of its annual general and special meeting of shareholders. High Tide also announced that its board of directors has approved, and its shareholders have confirmed at the Meeting, the adoption of an Advance Notice By-Law.
This is to facilitate an orderly and efficient shareholder meeting process. This would ensure that all shareholders of the Company receive adequate notice of nominations for the Board and sufficient information regarding all director nominees. As well as allowing shareholders to register an informed vote after having been afforded reasonable time for appropriate deliberation.
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Cronos Group Inc.
Cronos Group Inc. operates as a cannabinoid company. It manufactures, markets, and distributes hemp-derived supplements and cosmetic products through e-commerce, retail, and hospitality partner channels under the Lord Jones brand in the United States. On July 6th the company confirms receipt of unsolicited indication of interest.
Each indication is regarding a potential transaction involving Cronos and the third party. Cronos is in the initial stages of reviewing these indications of interest, and there can be no assurance that any agreement or transaction will result therefrom.
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Cronos does not intend to make any further announcements regarding this matter unless and until required to do so by applicable law.
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