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The cannabis stocks are looking good in Canada!
The Cannabis market is on a roll in North America. Since late 2015, after the elections of Prime Minister Justin Trudeau, the Canadian cannabis industry has witnessed a steady growth and an increased amount of investments. This growth was premised on the Minister’s promise to legalized cannabis use for adults.
3 years down the line that promise has been made good and the Canadian economy is all the more better for it. Today, the Canadian stock market capitalization has hit the roofs, a new industry is being developed and forward thinking products are reaching the markets.
The cannabis rally in Canada had come in stages, first it was licensing of producers pre – legalization, then closely followed by consolidated advances in the Research and development of medical cannabis products. Right now, with full legalization, the market is witnessing an explosion.
The number of cannabis investors and cannabis-based products hitting the market are just too numerous to put a tab. The rush is on and gains are there for the taking.
The Canadian cannabis industry has enjoyed governments support through the legalization bill which in turn has further solidify investors’ confidence in the industry. Today, there are countless products and use cases for cannabis. Besides the medicinal products (cannabis oil, tinctures, vapes, e-juices, gummies and munchies,) there are a few industrial products that have also been introduced into the market.
The cannabis product market is a dynamic one, at every turn, there are new advances and new investment opportunities.
Looking to partake in the gains of the industry? Look no further from the cannabis stock.
The Most Profitable Cannabis Products
Although there is insufficient data to come to a conclusion on the cannabis products that offer the best profit value for the Cannabis stock but the producers’ sub-sector of the business holds a lot of promise. This sub-sector is responsible for all the cannabis that is used in the production of medicinal and recreational consumable cannabis. Companies engaged in this sub-sector account for most of the public quoted companies with huge capitalization on the Canadian stock market.
In truth, the Canadian cannabis producers’ stocks have performed and are performing very well. The unique position they occupy and the prospects of the industry makes them a good buy any day.
The research and product development sub-sector is also bursting with promise. Companies engaged in this sub-sector are some of the finest profit makers on the market. They presently account for the highest volume of investment in the market. The need to further develop new cannabis products and new use cases for the herb is fueling investments in this sub-sector.
Companies in this sector are responsible for some of the innovative cannabis products on the market today. They have infused cannabis in hair products, skin care lotions, improved cannabis derivatives for medicines, edibles and lots more.
The quest for finding the most profitable cannabis products for the cannabis stock won’t be complete without the mention of FSD Pharm.
FSD PHARMA (OTCPK:FSDDF) (HUGE:CN)(HUGE:CNX) is a leading licensed cannabis producer and medical research company.
The business has been at the fore-front of cannabis innovation and medicine since 1994. They are leading medical cannabis products manufacturers and through the recently acquired licensed producer status, FSD Pharm in collaboration with its partners has embarked on the project of building the largest hydroponic farm in Canada for the cultivation of cannabis.
Looking to buy cannabis stock? FSD Pharm seems a good choice!
