Marijuana Tech Stocks To Watch In The Stock Market Today
As November begins marijuana stocks are still showing volatile trading in the stock market. Now, this consistent pattern of trading has left some traders optimistic and others growing with more uncertainty. Those who see marijuana stocks are viable investments have more than likely to be able to adapt to the sector. Specifically being able to get in and out of trades before any major decline happen. Even with some pullback, those who see the potential will see a window to find top marijuana stocks to buy. Now those marijuana stock investors who are growing with more doubt with every decline may feel this sector is beat.
Yet there are many who feel that it could be wise to invest in marijuana stocks before it’s federally legal. A new year soon to begin brings more chances to enact federal reform. Whether it be the end of cannabis prohibition or even cannabis banking legislation like this has historically moved the sector up. Back in October Sen. Cory Booker and more recently Chuck Schumer mentioned they feel Congress is close to figuring out the federal reform concerns.
Once this news surfaced it created a rise in trading for many marijuana stocks in the cannabis sector. Although short-lived for some a new month brings a new opportunity to see better trading. So if you feel investing in cannabis stocks is for you make sure you do your due diligence beforehand. With a proper education on trading and learning about the cannabis sector is can increase your odds at seeing better gains. The companies below are several marijuana stocks to watch this month.
Marijuana Stocks To Watch This Month
WM Technology, Inc.
WM Technology, Inc. provides eCommerce and compliance software solutions to retailers and brands in the cannabis market in the United States, Canada, and internationally. The company offers Weedmaps marketplace that allows cannabis users to search for and browse cannabis products from retailers and brands.
In recent news, the company announced it will host a third-quarter 2022 financial results conference call. Management will have this conference call and webcast to discuss the Company’s financial results at 2:00 p.m. Pacific Time on the same day.
Leafly Holdings, Inc.
Leafly Holdings, Inc. owns and operates a platform to provide consumers with cannabis information and connects consumers to cannabis brands and licensed retailers. It offers subscription-based marketplace listings, digital advertising solutions, and software as service-based tools to cannabis retailers and brands. In the last week, the company has announced important news.
On October 24th the company welcomed its new Chief Commercial Officer, Carlos Pinto. Carlos will lead Leafly’s sales, marketing, and award-winning content teams.
As part of his role, Carlos will manage and shape the go-to-market strategy for existing and new products, oversee the sales planning process and refine the company’s product strategy to increase revenue generation in both existing and new markets. In more recent news the company reported that cannabis is not the 6th most important crop in America.
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