2 Marijuana Stocks To Watch To Close Out The Second Week Of 2022


2 stocks of marijuana to see in January

As marijuana stocks continue to fluctuate in price, many are looking to see if that momentum will continue. Most sectors are expected to go up and down as all actions do. However, for marijuana stocks specifically, things tend to change without warning. This can be both an advantage and a disadvantage for investors. Suppose a company is down sometimes a recovery can occur without any indication. And vice versa when an existence of cannabis is exhausted.

Marijuanastocks.com – MarijuanaStocks

Overall, there is strong potential to see a great year for the pot stocks and the cannabis industry as a whole. Many new states will soon vote to legalize cannabis. That if these states enact legal cannabis can also affect the performance of the sector for the better. However, most of the time, when new markets are being created, there are MSO marijuana stocks that see the advantage. Right now, everything to do with legal cannabis has promising potential.

Much of these developments could be the catalyst needed to maintain better global trade in the sector. With federal reform still facing problems, there are other areas that could lead to better levels of trade. Therefore, if federal reform is not passed in 2022, out-of-market progress has the potential to offset any downward trends that may occur. However, this concern is difficult for investors in the sector to overcome.

Marijuana stocks and the future of the industry

But with the right approach and the opportunity to succeed outside of ending the ban, there is a lot of value in taking advantage of it. When most stocks are traded, fear and a lack of understanding of how to take advantage will make many investors work. However, 2022 has a long way to go, as things are just beginning. In addition, the beginning of this new year was met with a slight boost in trade.

While this upward momentum has come down again, it is a better start than some thought it would be. Which, as the industry faces this setback, opened another window to find the best cannabis stock to buy in 2022. Many are now approaching the sector cautiously, as no one wants to see a another year of downward contribution. Hopefully, this is not the case for investors, and marijuana stocks will see a good recovery in the near future.

The best marijuana stocks for your January watch list

  1. Harborside Inc. (OTC: HBORF)
  2. The Valens Company Inc. (NASDAQ: VLNS)

Harborside Inc.

Harborside Inc. is engaged in the cultivation, manufacture, distribution, wholesale and retail of cannabis and cannabis products for adult use and the medical markets in California. In recent updates, the company has made several. In November, the company posted its third quarter earnings for 2021. Despite not having the best performance in the market, these results were on the rise. At the time, the company’s total gross revenue was $ 17.9 million. This was 10.4% more sequentially than the previous quarter. Port of the port

The company then completed the acquisition of Sublime. That included “Fuzzies,” the $ 43.8 million award-winning pre-roll brand infused from California. Another noteworthy aspect is that Harborside appointed Matt Hawkins as interim CEO and Ahmer Iqbal as the company’s chief operating officer. In more recent news, the company announced the resignation of Michael Dacks from its board of directors. Mr. Dacks marches to look for other opportunities as Harborside prepares to reconstitute its Board in 2022.

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Company words

“On behalf of the entire board and the management team, I want to thank Mike for his important contributions to Harborside,” said Matthew Hawkins, chairman of the board and interim CEO. “Since joining the Board in November 2020, Mike has played a crucial role in strengthening Harborside’s competitive position. This has culminated in agreements to acquire Loudpack and Urbn Leaf to create StateHouse Holdings at the close of the “We hope Mike is the best cannabis company in California. We wish Mike the best in his future endeavors as we work to complete these transformative acquisitions.”

The Valens Company Inc.

The Valens Company Inc. operates as a cannabis company. It is engaged in the manufacture of cannabinoid products. The company offers proprietary cannabis processing services. as well as participating in the development of products, the manufacture and the commercialization of packaged goods of consumption of cannabis. In one of the company’s most recent updates, The Valens Company announced two deals with PMI Mexico in December.

Valens-Logo-Black

Under the first agreement, Valens will supply CBD for ongoing PMI pharmacokinetic (PK) medical trials. Focusing on anti-inflammatory applications of medical grade nano water emulsified CBD oil. Under the second agreement, Valens will manufacture and distribute PredilifeⓇ products with and without CBD infusion worldwide. However, PMI will be responsible for the distribution of PredilifeⓇ products in Mexico.

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CEO’s words

“The relationship we have built with PMI Mexico marks an important milestone for Valens’ international expansion and the beginning of our strategy for Central and Latin America,” said Tyler Robson, CEO, President and Co-Founder of The Valens. Company.

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