In the first week of August, the best marijuana stocks to buy began to show some upward momentum in the market. With several months of declines in 2021 top cannabis stocks began moving on better-than-expected earnings from Canadian cannabis companies. Now in August, many more leading cannabis companies are releasing financials, and this could continue fueling a rise in the cannabis sector. In 2021 top Canadian pot stocks saw the largest gains in the first quarter of 2021.

Canada's legal weed market has been struggling since legalization in 2018 

CALGARY, AB, Aug. 9, 2021 /PRNewswire/ – High Tide Inc. ("High Tide" or the "Company") (TSXV: HITI) (Nasdaq: HITI) (FSE: 2LYA), a retail-focused cannabis corporation enhanced by the manufacturing and distribution of consumption accessories, announced today that the Canna Cabana retail store located at 920 36th Street NE in Calgary, Alberta, has begun selling recreational cannabis products for adult use. This opening represents High Tide's 91st branded retail location across Canada selling recreational cannabis products and consumption accessories.

• With the closing of the Acquisition, High Tide now operates 90 retail cannabis locations across Canada.

• Once fully developed, High Tide will have nine stores operating in the Province of Saskatchewan – all expected to be open by year end.

Conducted by research firm Fact.MR, the study highlights the potential growth of the cannabis beverage category.

Worldwide revenues for cannabis-infused drinks reached US$250 million by the end of 2020.

Over the next decade, the market value is predicted to expand to 24 times that, climbing by 38% CAGR from 2021-2031 to approach US$6bn. CBD-based drinks are anticipated to make up three out of every five sales during that period.

“Beginner cannabis users who want a discreet, accessible, and regulated amount of cannabis are driving increased demand for CBD-infused cannabis drinks,” explained a Fact.MR senior research analyst.

Meanwhile, non-alcoholic cannabis-infused beverages are expected to comprise 50% of consumption.

In Yukon this summer, a slow motion race is unfolding in indoor pots, under tents, and in backyards.

Week by week, the spiky green leaves of hybrid cannabis plants have been pushing their way up — the first crop in the territory's first-ever cannabis growing competition. 

It's called the Yukon Cannacup, organized by the Friends of Cannabis, described by president Ross McLeod as a "very informal affiliation of individuals" from around the country.  

"There's a lot of stigma in the Yukon, we're hoping this is a way to break some of the ice," said McLeod, who lives in Whitehorse, when asked why he started the Cannacup. 

Infused beverages have quickly become my favorite way to consume cannabis, especially during this sweltering, smoky summer. That said, there's something missing in Washington's cannabis market, and it bums me out.

Once upon a time, in the not so distant past, there weren't cannabis products like there are now. There was the weed you could get from a black market dealer, and that was about it. Legalization has led to an explosion of cannabis products, so this bit of complaining is quite possibly the result of being spoiled by an ever-expanding marketplace. Regardless, I want to be able to consume cannabis beverages the way we consume alcoholic beverages like beer, wine and cocktails.

Pasqua First Nation becomes major shareholder and will collaborate closely with Atlas on first-of-its-kind Indigenous brand and product line

EDMONTON, Alberta, Aug. 04, 2021 (GLOBE NEWSWIRE) -- Atlas Biotechnologies Inc. ("Atlas" or "the company") strengthens partnership with the PFN Group of Companies ("Pasqua First Nation" or "PFN") through strategic investment and the upcoming launch of a wellness brand that combines cannabis with traditional Indigenous healing medicines.

MONCTON, New Brunswick — Organigram Holdings Inc. (“Organigram” or the “Company”) (TSX: OGI) (NASDAQ: OGI), the parent company of Organigram Inc., a leading Canadian producer of cannabis, is pleased to announce Beena Goldenberg, formerly Chief Executive Officer of The Supreme Cannabis Company Inc. and previously Chief Executive Officer at Hain-Celestial Canada, ULC, has been appointed the Company’s new Chief Executive Officer (CEO). Ms. Goldenberg will assume the role effective September 9, 2021.