Marijuana Stocks To Watch Right Now In April
Marijuana stocks had a bit of a difficult week of trading. This past week the sector was faced with a slight decline in trading. Now in the last week, the speculation of what people thought would happen from the push on federal reform did not occur. Which was better trading once the news came out that the House has once again passed the MORE Act. Now there were some volatile upswings that some investors were able to profit from.
However, for the better part of the week, marijuana stocks were not able to sustain more momentum. In regards to people waiting to leverage good news to see some gains, Chuck Schumer has yet to file his bill. Once the Senate Majority Leader does so this action stands a good chance of creating better momentum for the sector. But for now, the sector is feeling the drop in trading.
Yet for those looking to invest, it was a good moment to find marijuana stocks to buy. Still, what will help investors see there are other means to trade marijuana stocks. The more buying and selling that is done the better the odds are of seeing a healthier sector. However, one aspect that has yet to change is how unpredictable the marijuana stock trade is.
Marijuana Stocks Continue To Battle Market Volatility
No matter if it’s a Canadian marijuana stock or U.S.volatilty is real across the board. This is why those who are invested in marijuana stocks should consider all things. For example, back in March many cannabis companies began to release earnings. From this many companies were able to overall show solid results. But these good results did very little to impact or help bring in some extra trading momentum.
Now, this could change as investors will have to circle back to fundamental trading. Especially if federal reform fails to become law this year. Hopefully with all that is going on inside of the cannabis industry that it will all at some point lead to sustaining better trading for the sector. The marijuana stocks to watch below are some options for this upcoming week.
Marijuana Stocks To Watch Right Now In 2022
Green Thumb Industries Inc.
Green Thumb Industries Inc. engages in the manufacturing, distribution, and sale of various cannabis products for medical and adult-use in the United States. In the last week and a half, the company made 2 announcements. The first one was the company will host its first quarter of 2022 earnings conference call on May 4. Following this, the company at the start of April announced it will be participating in a few conferences.
Trulieve Cannabis Corp.
Trulieve Cannabis Corp. together with its subsidiaries operates as a medical cannabis company. It cultivates and produces products in-house and distributes its products to Trulieve branded stores (dispensaries) in Florida, as well as through home delivery.
In recent news, Trulieve announced the opening of a dispensary in Framingham, Massachusetts. This is Trulieve’s third and largest retail location in Massachusetts.
Words From The Company
“We are thrilled to offer a more elevated experience for Trulieve customers and patients,” said Kim Rivers, Chief Executive Officer of Trulieve. “This is a tremendous milestone in Trulieve’s Northeast growth, and we look forward to providing exceptional customer service to a variety of patients and customers with our high-quality products.”
[Read More] Top Marijuana Stocks To Watch During Q2 2022
Curaleaf Holdings, Inc.
Curaleaf Holdings, Inc. operates as a cannabis operator in the United States. It operates in two segments, Cannabis Operations, and Non-Cannabis Operations. The Cannabis Operations segment engages in the production and sale of cannabis through retail and wholesale channels.
On April 6th the company announced that it will report its financial and operating results for Q1 2022 after market close on May 9, 2022.
As well one of the bigger company accomplishments back at the end of March was when TIME named Curaleaf top 100 most influential companies