3 Marijuana Stocks To Watch 1st Week Of October
People interested in legal cannabis are searching for ways to invest. This brings them to finding out about marijuana stocks. For those who may not be aware a marijuana stock is a cannabis company that is publicly traded on the open market. To begin you want to learn about the cannabis sector and learn how to trade and invest. Even if it’s just the basics such as finding low entry points and waiting to sell at a higher price point.
As said many times before the more you know and educate yourself the better odds at seeing big profits. When investing you want to learn about what the companies do and how their success and failure impact its market behavior. For instance, there are companies that do not do well as a business but trade better in the market. Also learning about different companies will help you when looking for marijuana stocks to buy.
You always want to be prepared and have a strategy that best fits your trading style. Even if you are just starting out it is good to practice good habits as an investor. So if your goal is to be a cannabis investor right now is a good time to start. Especially before federal reform is made law and things begin to trade back up. This month the companies below could be the top marijuana stocks to watch.
Marijuana Stocks To Watch Today 2023
- Green Thumb Industries Inc. (OTC:GTBIF)
- GrowGeneration Corp. (NASDAQ::GRWG)
- Curaleaf Holdings, Inc. (OTC:CURLF)
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. In recent news, the company has announced the addition of new Board Members.
Richard Reisin and Hannah (Buchan) Ross have been appointed to its Board of Directors (“the Board”) as independent members, effective September 20, 2023. Reisin will serve on the audit committee and Ross will serve on the audit and compensation committees of the Board. The appointments bring the Company’s Board of Directors to a total of nine members.
GrowGeneration Corp. through its subsidiaries, owns and operates retail hydroponic and organic gardening stores in the United States. Over the last 8 weeks, the company has released important news. On August 8th the company reported its second quarter 2023 earnings.
In more recent news GrowGen also participated in the Benzinga Cannabis Capital Conference. This was held from September 27 through September 28, 2023, at the Marriott Downtown Magnificent Mile in Chicago, Illinois.
[Read More] 3 Top Marijuana Stocks To Buy This Quarter
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. At the close of September, the company announced a C$16 million underwritten offering of subordinate voting shares.
The pricing of its previously announced marketed offering of subordinate voting shares of the Company at a price of C$6.00 per Offered Security. The closing date of the Offering is expected to be October 3, 2023, and will be subject to market and other customary conditions. Which includes requirements of the Canadian Securities Exchange.
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