Now that marijuana is legal in Canada, sales have increased. Take a look at these interesting statistics charts. Cannabis was banned in Canada from 1923. Now Cannabis in Canada is legal for both recreational and medicinal purposes. Medicinal use was legalized on 30 July 2001. The federal Cannabis Act came into effect on 17 October 2018 and made Canada the second country in the world, after Uruguay, to formally legalize it. Canada is the first G7 and G20 nation to do so.
Here is a list of 10 Canadian Marijuana Stocks that would be good for your Portfolio:
1. Canopy Growth Corp. - Market Cap: $12.4 billion
2. Aurora Cannabis - Market Cap: $10.61 billion
3. Aphria Inc. - Market Cap: $3.64 billion
4. The Cronos Group - Market Cap: $1.37 billion
5. The Hexo Corperation - Market Cap: $1.266 billion
6. CannTrust Holdings Inc. - Market Cap: $1.10 billion
7. Namaste Technologies Inc. - Market Cap: $547.42
8. OrganiGram Holdings - Market Cap: $759.73 million
9. Emerald Health Therapeutics - Market Cap: $513.91 million
10. The Supreme Cannabis Company Inc. - Market Cap: $445.50 million
1. Canopy Growth Corp. - Market Cap: $12.4 billion
2. Aurora Cannabis - Market Cap: $10.61 billion
3. Aphria Inc. - Market Cap: $3.64 billion
4. The Cronos Group - Market Cap: $1.37 billion
5. The Hexo Corperation - Market Cap: $1.266 billion
6. CannTrust Holdings Inc. - Market Cap: $1.10 billion
7. Namaste Technologies Inc. - Market Cap: $547.42
8. OrganiGram Holdings - Market Cap: $759.73 million
9. Emerald Health Therapeutics - Market Cap: $513.91 million
10. The Supreme Cannabis Company Inc. - Market Cap: $445.50 million
Marijuana is the most widely used drug in Canada. And while prescription abuse is a growing epidemic, recent studies and Health Canada ACMPR indicate that it's decreasing while marijuana use is increasing.
ReplyDeleteStudies have shown that about 20% of people have used prescription drugs for nonmedical reasons in their lifetime. Good to know if prescription abuse decreases. The fact that marijuana becomes legal for sure increases use a lot.
DeleteThanks.
ReplyDeleteOf course, the Market Cap figures have changed a lot in the past few months. Canopy Growth fell from CAD$65/share few months ago to about CAD$20/share on Nov. 15, 2019. See here: Canopy Growth Corp Stock Will Probably Continue to Decline
ReplyDeleteA lot of these stocks are not doing very well.
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ReplyDeleteThanks for liking the article. Various different products certainly contain CBD. Hemp-derived CBD products with less than 0.3% THC are usually legal federally but still illegal under some state laws. Cannabis-derived CBD products, on the other hand, are illegal federally but legal under some certain state laws. Check the updates for the current laws, whether for USA or Canada or other countries.
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DeleteSome might have thought about: Edibles vs. Smoking.
Edibles will usually get you just as high as smoking weed, or more. However, it takes a longer time to start feeling it (when eating it).
Weed edibles seem pretty expensive in Canada, these days. One of the drinks costs $15 and a chocolate bar is as much as $12 (with kind of a relatively low dose of THC). Good luck, weed users.
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ReplyDeleteSome weed delivery services offer pretty fast service. They are kind of fast like food delivery would be.
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This is something I did not hear about before: Shop CBD Oil for Dogs.
After doing some research, it seems that currently there might be no formal study on how CBD affects dogs. What scientists do know is that cannabinoids interact with the endocannabinoid receptors located in the central and peripheral nervous systems, which help maintain balance in the body and keep it in a normal healthy state.
While there’s no exact definitive scientific data on using CBD to treat dogs, there’s anecdotal evidence from dog owners suggesting it can treat pain, especially neuropathic pain, as well as helping to control seizures.
The Cannabis Industry Outlook for 2021 looks promising. The cannabis industry had a strong year with the USA markets significantly outperforming Canadian markets.
ReplyDeleteThe cannabis sector just finished a strong 2020. It seems that the USA market really is soaring. However, many Canadian stocks struggle. In trying to predict 2021, struggling weed companies will certainly look hard for ways to make a profit.
When will the United States legalize recreational cannabis? We will see what happens.
Keep an eye on cannabis stocks on the TSX.
Canopy Growth (TSX:WEED)(NASDAQ:CGC) is the largest cannabis stock on the TSX by market cap. Shares of Canopy Growth have climbed much in 2021 (check the updated stock numbers). These days, this cannabis stock is up almost 100% in the year-over-year period.
Indoor marijuana growing may not be easy, but it is definitely rewarding. It can also be a lot of work and is something that takes a lifetime to master due to all of the subtleties. How to grow medical cannabis
ReplyDeleteCannabis relieves pain for medical use. Thanks for growth information.
DeleteBotany is interesting about Cannabis. Cannabis belongs to the genus Cannabis in the family Cannabaceae may include 3 species, Cannabis indica, Cannabis sativa, and Cannabis ruderalis, (APG II system) or 1 variable species. It is typically a dioecious (each individual is either male or female) annual plant.
C. sativa and C. indica generally grow tall, with some varieties reaching 4 metres, or 13 feet. Female plants produce tetrahydrocannabinol (THC) (up to 31% by weight) as the season changes from summer to autumn. C. ruderalis is very short, produces only trace amounts of THC, but is very rich in cannabidiol (CBD), which may be 40% of the cannabinoids in a plant and is an antagonist to THC, and it flowers independently of the photoperiod and according to age. However, commercial cross-bred hybrids containing both ruderalis, indica and/or sativa genes exist (usually called autoflowering).
Cultivation requirements are interesting. Cannabis really needs certain conditions to flourish.
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ReplyDeleteThink about your future investments in 2022 and top marijuana stocks. Keep in mind, it seems that in the month of December most of the best cannabis stocks to invest in have decreased to the lowest price points seen this year 2021. As we head into 2022, the so-called cannabis sector has sustained declines that could be an opportunity for new cannabis investors in 2022. Think about the delays companies are faced with such as with federal cannabis reform is Canadian marijuana stocks.
Some prohibitions still exist for cannabis. It seems that Canadian cannabis companies have not performed as well as USA companies. These companies could see significant growth once they enter the USA cannabis market. In the next few future years, the global cannabis industry could almost double in size. Statista has an interesting report, indeed. It says that by 2025 legal cannabis sales are expected to reach $33.6 billion compared to $16.5 billion in 2021.
Statista is a certain German company specializing in market and consumer data. According to the experienced company, its platform contains more than 1,000,000 statistics on more than 80,000 topics from more than 22,500 sources and 170 different industries, and generates a big revenue of about €60 million.
It is also one of the best marijuana seed banks because of the guaranteed germination of their seeds. Not all cannabis seed banks will stand by their seeds. Weed Seeds
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