Will These Marijuana Stocks Recover This Week?
Just as quickly as marijuana stocks were up and fast as they fall. In recent trading, the sector was showing some increased momentum. As of Tuesday, many marijuana stocks started to see another decline in trading. Now, this is not all bad as it gives some a chance to find top marijuana stocks to buy. Most publicly traded cannabis companies perform with an unpredictable pattern due to volatility. This volatility mainly stems from the fact that the cannabis industry is not 100% regulated, which it needs to be.
Especially with no real federal reform set in place, this can impact the way most marijuana stocks perform. With more regulations and better all-around legislation particularly on a federal level, it could help restore some faith in the sector. Until such time many marijuana stock investors are watching and waiting for the right time to buy and sell to make a profit. For those who are not so familiar with the cannabis sector understanding the above can be a good starting point.
When you learn how to use volatility in your favor it can produce a profitable outcome if done correctly. For example, buying shares on the dip and selling when the sector sees a rise and then repeating the process. But like always make sure you do your research beforehand and give yourself the best chance at seeing the best returns. The companies below are a few cannabis stocks to watch this week.
Top Marijuana Stocks For Your 2022 Watchlist
Goodness Growth Holdings, Inc.
Goodness Growth Holdings, Inc. Inc. operates as a physician-led cannabis company in the United States. The company cultivates cannabis in environmentally friendly greenhouses; manufactures pharmaceutical-grade cannabis extracts, and sells its products through its network of Green Goods and other Goodness Growth branded retail dispensaries. operates as a physician-led cannabis company in the United States.
The company cultivates cannabis in environmentally friendly greenhouses. As well as manufacturing pharmaceutical-grade cannabis extracts. Plus selling its products through its network of Green Goods and other Goodness Growth branded retail dispensaries, as well as third-party dispensaries. On August 25th the company announced the launch of boundary Boundary Waters pre-rolls in Minnesota.
Words From The Company
“Our Boundary Waters brand was inspired by the beauty and calm of Boundary Waters Canoe Area Wilderness and the importance of keeping public lands, like the Boundary Waters, clean and safe,” said Harris Rabin, Chief Marketing Officer for Goodness Growth. “We take that mission seriously and have applied the concept of environmental preservation to the packaging of our Boundary Waters products.”
IM Cannabis Corp.
IM Cannabis Corp. engages in breeding, growing, and supply of medical cannabis products in Israel, Germany, and Canada. It offers cannabis flowers and strain-specific cannabis extracts under the IMC brand.
In recent news, the company announced it has brought on 2 new members to its Board of Directors. Einat Zakariya and Moti Marcus will replace current board directors Vivian Bercovici and Haleli Barath, who have resigned from the Board to pursue other opportunities.
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Words From The Company
“We are delighted to welcome Einat Zakariya and Moti Marcus to our IMC family,” said Oren Shuster, Chief Executive Officer of IM Cannabis. “They bring to the IMC Board vast transnational experience, leadership, and expertise in creating solutions to complex challenges. We are privileged to have them on our Board and are looking forward to this new chapter of the Company.