Top Pot Stocks In Q3 2021

Currently, many investors are asking themselves, is there still an opportunity to invest in top marijuana stocks in 2021? As it stands the cannabis sector has seen months of declines until it began to turn around in June. Now as we start July the US cannabis market is currently the center of attention and it seems most of the world is waiting for federal cannabis reform in 2021.

There are hundreds of cannabis dispensaries nowadays. Some are running online stores while some operate brick and mortar stores. It is important to know what to look for when you want to choose a cannabis dispensary. It doesn’t matter whether it is for recreational or medical use, the factors to be considered are still the same. In Canada, online dispensaries are taking over the trade. Find the best weed delivery Toronto, after considering the tips below.

Location

The Ontario Cannabis store released their annual year in review today, covering April 2020 to March 2021, showing significant industry growth in the province. 

Ontario sold 99,100,000 grams of cannabis, the bulk of it being sold through private retailers. 81,500,000 grams were sold in stores while another 17,600,000 were sold on ocs.ca.

A Manitoba First Nation is speaking out against the province for taking legal action against them over the operation of a cannabis store on their own land.

The Manitoba government wants the store Indigenous Bloom to close for operating without a Liquor, Gaming and Cannabis Authority licence, Long Plain First Nation is part owner of the store, which is located in Portage la Prairie, Man.

Chief Dennis Meeches of Long Plain First Nation said he’s not surprised by the province’s actions, adding that the store is fully compliant under Health Canada’s regulations.

Five key takeaways from Ontario's annual cannabis report

The head of the Ontario Cannabis Store (OCS) says the growth of weed retail in the province has been impressive, but people should be prepared for some “market right-sizing” as a result of an increasingly competitive environment.

It is anticipated that Ontario cannabis retail will continue to grow, possibly reaching 1,000 stores by this September, David Lobo, interim president and CEO of the OCS, writes in the agency’s newly released annual report, covering the Apr. 1, 2020 to Mar. 31, 2021 period.

Medicine, cooking and smoking — whatever the use, cannabis has been a big part of the press lately.

Cannabis is the most consumed drug in the world. According to a report by the European Monitoring Center for Drugs and Drug Addiction (EMCDDA), published in June 2018, more than 24 million people use it in Europe. Three quarters of consumers are between 15 and 34 years old. And while cannabis has proven to be addictive and detrimental to health, it has become so popular around the world that in some countries it has been legalized as a "recreational drug." 

1. Hemp will diversify 

The hemp business is set to continue tremendous growth throughout the year and beyond. While hemp-derived products like CBD gummies and oils are currently all the rage, there is likely to be new uses of the fibrous portion of the plant, such as biodegradable plastic alternatives, textiles, paper products, and more.

As we look to the future, the usages of hemp will continue to be far more mainstream and distributed than ever before, and we'll likely even see it expand into insulation and geotextiles in building materials.