2 Marijuana Stocks To Buy This Monday?
Are marijuana stocks still a buy with all this inconsistent momentum? It would seem with all this volatile trading and no real sustained trading that people would be turned away from investing in marijuana stocks. Now for some, this is true but for those who are holding on to their optimism it could pay off down the road. To be fair the entire cannabis sector is much more volatile than a lot of other sectors. Still, the cannabis industry in the USA is growing and evolving day by day. Also with no federal reform in place and various ventures and deals among top companies, there are many reasons to see the sector run.
However, this is not the case and it has become a bit of cat and mouse game when looking for the best marijuana stocks to buy. Yet at the end of September first week of October, there was better upward momentum that led the sector to rise. However, the pattern, once the sector is recovering, does not last long. If you are not someone who is able to adapt their trading style to be a faster in-and-out game seeing a return may take longer.
There are some who are buying and holding as a long-term play. This is mainly because they feel when prohibition is over it will possibly create a serious run for most publicly traded cannabis companies. So if you’re looking to invest the marijuana stocks watch below could offer value to your portfolio.
Marijuana Stocks For This Weeks Watchlist
Verano Holdings Corp.
Verano Holdings Corp. operates as a vertically integrated multi-state cannabis operator in the United States. It engages in the cultivation, processing, wholesale, and retail distribution of cannabis throughout several states in America. This past week on October 7th the company opened MÜV Panama City Beach and MÜV Port Orange. These 2 locations make for the company’s 60th and 61st Florida locations.
To support the Company’s Florida team members and hurricane recovery efforts across the state, Verano will provide assistance to employees who incurred damage to their homes or property as a result of the storm. The Company will also make a donation to a Florida Relief Fund to support communities across the state directly impacted by Hurricane Ian.
Words From The Company
“We are incredibly grateful for our team who faced unique challenges in the wake of Hurricane Ian, and did everything possible to maintain access to medicine for our patients while also prioritizing their own health and safety,” said John Tipton, President of Verano.
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Cresco Labs Inc.
Cresco Labs Inc. together with its subsidiaries cultivates, manufactures, and sells retail and medical cannabis products in the United States. As well Cresco Labs Inc. together with its subsidiaries cultivates, manufactures, and sells retail and medical cannabis products in the United States. 
In recent news, Cresco announced its best-selling flagship brand is launching in Florida. The multi-market leading vape and concentrate brand arrive with a robust lineup of Live Resin products. These new products are available exclusively at all Sunnyside dispensaries.
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Words From The Chief Commercial Officer
“We’re expanding our retail locations and product diversity to better serve Florida patients. The introduction of our Cresco brand, the most sold vape and concentrate brand in the United States, is an exciting addition to our robust Sunnyside Florida product assortment,” said Greg Butler, Chief Commercial Officer at Cresco Labs.