3 Marijuana Stocks To Watch At The End Of The Day
With marijuana stocks starting to see another pullback should shareholders be worried? For some caution continues to grow and for others, they are looking for the silver lining. The cannabis industry as a whole is still growing and evolving day by day. Many are waiting for the moment to see a red day to a green day with stronger consistency. As well when there is a decline in the market it gives people a chance to find marijuana stocks to buy.
Especially at lower entry levels which is the name of the game buy low and sell high. With a sector as volatile as cannabis, you want to take advantage of any dip that may happen. By doing this when there is a recovery in the sector you have better odds of making a better return. At the moment much of the stock market is down in various sectors and as mentioned above so are marijuana stocks. So what could help spark a run to see better trading?
With the cannabis industry lacking certain regulations there has been an ongoing battle to end cannabis prohibtion. Also, more states are working to legalize cannabis in some form. Now just because marijuana stocks are not up in the market does not mean as a business they are down. Many cannabis companies are doing well and thriving out of the market. Hopefully, when it’s time to report earnings again it will help bring in some much-needed momentum. The companies below are a few marijuana stocks to watch in the stock market.
Top Marijuana Stocks To Watch Right Now
- IM Cannabis Corp. (NASDAQ:IMCC)
- Clever Leaves Holdings Inc. (NASDAQ:CLVR)
- TILT Holdings Inc. (OTC:TLLTF)
IM Cannabis Corp.
IM Cannabis Corp. engages in the breeding, growing, and supply of medical cannabis products in Israel, Germany, and Canada. In recent news, the company and Avant Brands announced the launch of BLK MKT in Israel.
The Licensing Agreement constitutes a significant milestone in the maturing and mutually beneficial relationship between the two premium cannabis companies in the Canadian and Israeli medical cannabis markets.
Words From The Company
“Medical cannabis patients in Israel are demanding the highest quality indoor cannabis products. By evolving our partnership with Avant, we continue to improve our supply chain and ability to provide ultra-premium, quality products to the Israeli medical cannabis market,” Oren Shuster, CEO of IM Cannabis commented.
Clever Leaves Holdings Inc.
Clever Leaves Holdings Inc. operates as a cannabis company. The company operates through two segments, Cannabinoid and Non-Cannabinoid. The Cannabinoid segment engages in the cultivation, extraction, manufacturing, commercialization, and distribution of cannabinoid products internationally.
Back on September 21st, the company announced it will partner with House of Kush for international expansion. Clever Leaves will be the exclusive producer of various genetics for House of Kush outside of the United States and Canada.
Words From The CEO
Andres Fajardo, Clever Leaves’ CEO, stated, “The strategic partnership with House of Kush leverages both companies core capabilities. On the one hand, it will allow Clever Leaves to further expand its flower portfolio with globally renowned genetics. On the other hand, it will serve as a platform for the House of Kush to expand its coverage beyond the United States and Canada. Together we will be able to bring a high-quality product to patients at a global level on a consistent basis.”
TILT Holdings Inc.
TILT Holdings Inc. operates in the cannabis industry in the United States, Canada, Israel, Mexico, South America, and the European Union. It operates through Cannabis, Accessories, and Other segments. On October 6th the company announced the launch of a social impact-driven brand Black Buddha Cannabis in Massachusetts. Black Buddha Cannabis, is a Black and woman-owned and led environmentally conscious, social impact-driven cannabis wellness brand.
Roz McCarthy is the driving force and founder of Black Buddha Cannabis, as well as Minorities for Medical Marijuana Inc. Which advocates for equity and diversity in the nascent cannabis marketplace. Both organizations originated from the personal needs and experiences of McCarthy, who found cannabis instrumental to her healing journey after a car accident. Her brand seeks to promote optimal wellness across every aspect of life and support each patient or consumer to achieve their potential and live with passion and purpose.
Words From Gary Santo
“Adding Black Buddha Cannabis to our diverse and innovative product portfolio available across the state is a testament to the success of our distinctive brand partner model,” said Gary Santo, Chief Executive Officer of TILT Holdings. “Black Buddha Cannabis is our eighth brand partner and the sixth brand we’ve brought to Massachusetts, further demonstrating our commitment to diversity in cannabis and the availability of quality products for patients and consumers.
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