What are some cheap stocks to buy now? Here are three marijuana stocks that investors may want to keep an eye on.

Marijuana stocks have not done well in the stock market so far this year, which is not surprising. Marijuana stocks have been on the rise in recent years as the legal landscape surrounding cannabis has shifted. The United States has been moving in a more pro-legalization direction for cannabis use in recent years, with more states decriminalizing or legalizing it.

This has caused marijuana stocks to increase in value, and many experts believe this trend will continue in the future. This means that marijuana stocks could experience significant growth in the next few years. This is evident with popular marijuana stocks like Green Thumb Industries Inc (OTCMKTS: GTBIF) and Innovative Industrial Properties Inc (NYSE: IIPR).In the last five years, the stock prices of these companies have increased by 64.73% and 415.97% respectively.

If you’re considering investing in the U.S. cannabis market, here are two stocks to watch. These stocks could be good long-term investments. Starting today, Curaleaf Holdings Inc. is an international provider of consumer products in cannabis.The company aims to improve lives by providing clarity around marijuana and confidence around consumption.

The company currently operates in 22 states, with a total of 136 dispensaries across the US. Additionally, Curaleaf has more than 5,700 team members. Curaleaf reported revenue of $338 million for its second quarter of 2022 in a recent financial report.That’s up from the agreed-upon revenue estimate of $312 million year-on-year. Curleaf contributes to revenue growth with new retail store openings and adult use launches in New Jersey.

The gross profit margin increased to 51.9% in the second quarter, up from 49.6% in the same quarter last year. This has caused shares of CURLF to increase to $5.79 per share.Boris Jordan, Executive Chairman of Curaleaf, said in his letter to shareholders that the company’s second quarter was off to a great start, with adult use launching in New Jersey and a historic 4/20.

He said that the company had bounced back from earlier headwinds to grow revenue 8% and AEBITDA 18% sequentially, while continuing to execute on its growth strategy for Europe.Jordan said that Europe is a key differentiator for Curaleaf and a significant advantage over its competitors. Shares of CURLF are currently down over 27% year-to-date, but have rebounded 14% in the last month of trading.

Are you interested in following CURLF stock today? Trulieve Cannabis (TCNNF) is a leading company in the cannabis industry that offers vertical integration.Trulieve is a vertically integrated cannabis company that is involved in every step of the process from seed to sale. The company has 168 dispensaries in the United States as of June 30, 2022. In August, Truelieve released its first CBD oil product for sale in the state of Ohio.

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