2023-07-30 07:00:03 ET
How To Research Top Marijuana Stocks 2023
Most investors who are interested in
marijuana stocks
should always do their research. However, some may not truly understand what goes into the due diligence process. Sometimes it is more than a quick search of the company. When you can beyond just the basic info of a particular cannabis company the better insight you will have. For example, look into the company’s past and current financials as well as recent ventures. Not just that take time to watch how the company trades on good days and bad days.
When you can see how a
cannabis stock
reacts in the market it can be leveraged when investing. This will allow you to make better choices before taking up a position. So if you see that a marijuana stock reacts to different variables in the sector you know when to buy and sell or how to better handle the trade. By thoroughly investing in every aspect of the company the more you will be ready to invest.
In addition to the due delegate process create a game plan with the info you collect. When you can create a gameplan based on all the due diligence you obtain you can be more confident in the marijuana stocks you find to be worth investing in. The companies below are several
marijuana stocks to watch
while conducting company research.
Marijuana Stocks To Look Into For Cannabis Investing
-
Greenlane Holdings, Inc.
(NASDAQ:GNLN
)
-
GrowGeneration Corp.
(NASDAQ:GRWG
)
-
Jushi Holdings Inc.
(OTC:JUSHF
)
Greenlane Holdings, Inc.
Greenlane Holdings, Inc. develops and distributes cannabis accessories, vape solutions, and lifestyle products in the United States, Canada, and Europe. It operates in two segments, Consumer Goods and Industrial Goods. In recent news, the company announced the expansion of Groove Line with the launch of Cara+. Greenlane launched the Groove brand in Fall 2022.
This was done to offer simple, functional, and reliable products at an affordable price point, filling a gap in the marketplace. Particularly for high-quality, value-driven essential items. The newest product, CARA+, delivers a high-quality solid concentrate device at a value price and further expands Groove’s product offerings that include glass, vaporizers, and accessories.
Words From The CEO
“The addition of Groove to our house of brands has been highly successful since its launch,” said Craig Snyder, CEO of Greenlane. “Our strategy is to accelerate growth and profitability with a key component of that coming from our innovative product development.
[Read More]
Top Marijuana Stocks For Better Cannabis Investing
GrowGeneration Corp.
GrowGeneration Corp. through its subsidiaries, owns and operates retail hydroponic and organic gardening stores in the United States. The company recently announced it has scheduled a second quarter 2023 earnings release conference call.
This is being set for August 8th, 2023. The announcement will be followed by a live earnings conference call at 4:30 p.m. EDT.
[Read More]
These Marijuana Stocks Are Ready To Run In 2023
Jushi Holdings Inc.
Jushi Holdings Inc. a vertically integrated cannabis company, engages in the cultivation, processing, retail, and distribution of medical and adult-use products.
The company announced it will report its Q2 2023 earnings on August 11th. Management will host a conference call and audio webcast on Friday, August 11, 2023, at 8:00 a.m. ET to discuss the Company’s financial results.
Be the first to comment