Taboos are increasingly being lifted on the use of marijuana. In Canada, the ban on recreational marijuana won in a vote on June 7th, and the market will officially open in October 17. That’s great news for Cannabis lovers, and a very encouraging sign for the industry. Companies currently in the medical cannabis industry are increasing their stocks of cannabis oils, dried flowers, and more. In Montreal, cannabis outlets have already been announced, another potential boon for people looking into cannabis stocks.
Cannabis stocks are primed to surge this fall…
…as investors take advantage of this suddenly widening market. Companies who already have a stake in the medical cannabis industry are ramping up production to make sure they will have enough cannabis oil and other products to meet growing demand.
Canadian Cannabis producers were superstars in stocks in 2016 and 2017, but early this year cannabis stocks fell off, with a 12.7% decline. This may actually be a good thing for those looking to invest in cannabis stocks, because purchasing now will mean that much more profit when prices surge with the new market opening up.
For those who would rather not visit a brick and mortar store, there are plenty of great companies that will ship all over Canada, including hotspots for cannabis users such as Toronto and Montreal. Budderweeds is one such company, and they are primed and ready for the recreational cannabis market.
Even if you are a first time user, you’ll feel comfortable learning about the products from this company, and will have everything you need for this market. Budderweeds is the premium brand in Canada. Ask for it at your local boutique dispensaries.
If you’re interested in trying your hand at the marijuana market, now is the best possible time to invest, or simply take advantage of the market directly. Canada has legalized recreational marijuana, joining Germany and a few other select countries in this big step for the industry. We highly recommend investing in the industry, and perhaps grabbing a vape pen and preparing yourself for a fun and wild October. Whether you live in Toronto, Montreal, or some other Canadian city, it has never been more exciting to live in Canada. For more information check out Ontario Cannabis Store (OCS), Alberta Cannabis, BC Cannabis Store and Société québécoise du cannabis.