Marijuana Stock Recap 3 Cannabis Companies To Know About In 2022



3 Marijuana Stocks To Watch For For Next Weeks Trading

In the last week of trading, some marijuana stocks have seen better trading. This can be due to several reasons as to why this upswing took place. One could be the speculation on what may take place in the future for the cannabis industry. Specifically dealing with the passing of federal reform whether it be ending prohibition or enacting cannabis banking. This is the big focus and priority for those who are involved in the cannabis industry. Not to mention that anytime positive news is released on the matter it has resonated well for many different marijuana stocks.



Marijuanastocks.com – MarijuanaStocks

Another reason could be with how low the sector has been recently traders are trying to keep up with the overall market. Yet in the last week or so the up and down trading has been a bitter-sweet process. As well many companies are working on new ventures that could help add additional trading momentum. Still, even with all this progress and growth, the cannabis industry is still young and maturing. This leaves room for more developments to happen and take place. Now for those looking to get invested there is still time.

The reason is the sector is still down which makes it a good time to find the best marijuana stocks to buy. Now before you start investing you want to explore the sector and find the right marijuana stocks to invest in. This comes with watching the sector and researching all you can on potential marijuana stocks. You want to find companies you feel will yield the best returns. However, marijuana stocks, trade in a volatile fashion making things a bit more difficult. But with patience and an understanding of how the sector is behaving you could stand a chance at seeing some gains.

Marijuana Stocks Investors Keep An Eye On The Industry

At the moment federal reform is what is center stage for investors. So at the moment, many are buying the dips with the anticipation that when Chuck Schumer files his bill in April that it is possible we see a rise in the sector. For now, it’s all a waiting game to see what will unfold as things forge ahead for the overall cannabis industry. The companies mentioned below are some options to conder for your 2022 marijuana stock watch list.

Top Marijuana Stocks To Watch Right Now In 2022

  1. Greenlane Holdings, Inc. (NASDAQ:GNLN)
  2. GrowGeneration Corp. (NASDAQ:GRWG)
  3. Trulieve Cannabis Corp. (OTC:TCNNF)

Greenlane Holdings, Inc.

Greenlane Holdings, Inc. sells cannabis accessories, child-resistant packaging, and specialty vaporization products in the United States. As well as Canada, Europe, Australia, and South America. On March 10th the company announced leadership changes. And they plan to capitalize on the business and accelerate a path to profitability. GNLN

Craig Snyder Appointed as New Chief Commercial Officer. He is now responsible for the company’s sales and “Go-to-Market” strategy. Also, the company intends to sell non-core assets, dispose of low-margin inventory. As well as secure asset-based loan to capitalize the business and increase liquidity

GrowGeneration Corp.

GrowGeneration Corp. through its subsidiaries owns and operates retail hydroponic and organic gardening stores in the United States. At the start of March, the company released its Q4 and full-year 2021 results. During this time the company revenues increased 46% to $90.6 million in the fourth quarter. Revenue also increased 119% to $422.5 million for the full year 2021. The net income for the full year was $12.8 million. Which is in comparison to its prior year net income of $5.3 million.

GRWG

Now the company saw a net loss for the fourth quarter of $4.1 million. This figure is compared to a net income of $1.5 million in the prior year. The company’s Adjusted EBITDA was a loss of $1.9 million for the fourth quarter. But increased 82% to $34.5 million for the full year 2021. Plus the Company plans to open 15 to 20 new GrowGeneration garden centers in 2022.

Trulieve Cannabis Corp.

Trulieve Cannabis Corp. together with its subsidiaries operates as a medical cannabis company. The company cultivates and produces products in-house and distributes its products to Trulieve branded stores across the United States. In recent news, the company announced it will be releasing its Q4 and full-year 2021 financial results.

marijuana stocks to watch trulieve (TRUL) (TCNNF)

This will be done through a conference call scheduled for March 30th, 2022 at 8:30 AM. Chairman, Founder, and Chief Executive Officer Kim Rivers, Chief Financial Officer, and Alex D’Amico, will participate in the call. As well as President Steve White. This will be to review Trulieve’s financial and operating results including recently acquired Harvest Health & Recreation.



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