3 Top Marijuana Stocks In The Stock Market
Marijuana stocks are still seeing a small shift in trading this week. So far the cannabis sector is seeing more pullback in trading. Some companies are getting ready to report earnings. Hopefully, if these reports show to be positive it could be a means for some marijuana stocks to have a better trading week. Nevertheless, while there is a slight drop in the sector this could be a chance to prepare for future investing. Often in any sector let alone cannabis a decline is a signal to buy for some companies. That is why while some stocks are down people should find the best marijuana stocks to buy.
By buying low and selling high the standard investing principle will always work. The catch for stocks is once you take your stock position you have to wait till your shares rise to be able to take a profit. Now if the stock takes to long then breaking even over a loss is the lesser of evils. But there is still much to be done inside of the cannabis industry that can impact trading.
Still, make sure you have a game plan and you are doing your research before any investing in done. At the moment volatility still dominates the cannabis sector. That is why it’s best to keep a watchful eye in case any sudden changes happen that can lead to taking profits. Or changes that prevent shareholders from taking bad losses. The companies below are a few marijuana stocks to watch in 2023.
Top Marijuana Stocks 2023
- Glass House Brands Inc. (OTC:GLASF)
- Cansortium Inc. (OTC:CNTMF)
- Red White & Bloom Brands Inc. (OTC:RWBYF)
Glass House Brands Inc.
Glass House Brands Inc. cultivates, manufactures, retails, and distributes raw cannabis, cannabis oil, and cannabis consumer goods to wholesalers and consumer packaged goods retail stores. In recent news, the company congratulates The Weldon Project and the release of medical cannabis prisoner Luke Scarmazzo.
Immediately upon Luke’s release, he was able to return home to his family in Modesto, California with logistical and financial assistance from Mission Green and Glass House Brands.
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Words From The CEO
Co-Founder, Chairman, and CEO of Glass House Brands, Kyle Kazan who is also a Mission [Green] Board Member stated, “This is truly a joyous and long overdue day for Luke and his family and also for Weldon who had made getting Luke released a personal mission. The next step is to help Luke restart his life and I’m hopeful that he’ll be able to join us in the cannabis industry and of course in advocating for President Biden to pardon the approximately 2,700 cannabis prisoners who are currently incarcerated.”
Cansortium Inc.
Cansortium Inc. through its subsidiaries produces and sells medical cannabis in the United States. The company’s medical cannabis products are offered in oral drops, capsules, topicals, syringes, dried flowers, pre-rolls, cartridges, and edibles under the Fluent brand name. 
Back on January 18th, the company hosted the grand opening of its 29th medical cannabis dispensary in Pensacola, Florida. Fluent Pensacola Broadens Access for Florida Medical Cannabis Patients. The company also announced plans to open up three additional Florida retail locations in the first half of 2023.
Red White & Bloom Brands Inc.
Red White & Bloom Brands Inc. engages in the cultivation and retail of cannabis products primarily in Michigan, California, Florida, and Oklahoma. The company is headquartered in Vancouver, Canada.
In recent news, the company Platinum Vape launched in Arizona. Additional high-quality, PV-branded offerings are expected to be introduced over the course of the 2023 calendar year.
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Words From The President Of RWB
“The availability of our trusted Platinum brand in Arizona provides access to another lucrative cannabis market for RWB as we continue to drive our asset-light growth strategy. The Platinum brand continues to be recognized as a market leader in product quality, safety, and user experience. We are focused on making Platinum one of the most frequently consumed cannabis brands in the United States in 2023,” stated Colby De Zen, President of RWB.
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