Several cannabis companies look like strong options ahead of April
March is already in its final stretch and many cannabis investors are still looking for some opportunities that can solidify their investment portfolios. In such a volatile market, finding the best cannabis stocks to buy at low entry points is key. Buying at a bargain price and then selling at a high price is the real advantage in a sector that has ups and downs and behaves like a roller coaster.
Village Farms International is among the list of many experts who suggest buying it immediately. This company works hand in hand with its subsidiaries to market, produce, and sell cannabis products in Canada. The company recently released its financial results for the fourth quarter of 2022, reporting consolidated sales of nearly $70 million for the period.
Another company that can’t get off investors’ radar is Tilray Brands. The cannabis industry leader specializes in the research, cultivation, production, marketing and distribution of medical marijuana products in different parts of the world, from Australia to Latin America. There is no doubt that its Cannabis Business based segment has been growing as time goes by.
And finally, there is Organigram Holdings, a firm that also relies on its subsidiaries to focus on the production and sale of cannabis and cannabis-derived products in Canada. Exactly one week ago, the organization announced that BAT has nominated Caroline Ferland as a candidate for Organigram’s board of directors. These moves in the leadership team are important for those companies that want to continue to do their best.