Cannabis stocks were a growth machine for investors following the 2015 Canadian federal election. The hype for recreational legalization ramped up, and Liberal leaders Justin Trudeau managed to deliver on the promise. However, the reality of the rollout started to sour investors on the sector. As it stands today, the Canadian cannabis market is in desperate need of a boost to bring it back in the eyes of investors. Today, I want to look at Canopy Growth (TSX:WEED)(NYSE:CGC) and Aurora Cannabis (TSX:ACB)(NYSE:ACB), two top producers whose shares have plunged in 2021. Which is the better buy today? Let’s jump in.

• Nith & Grand tailored to cannabis aficionados with discerning taste, and will feature craft flower and premium concentrates
• Initial launch features TF Pink Kush Live Resin vape cartridges
• Strengthened product portfolio contributing to meaningful quarterly sales growth across all sales channels

TORONTO, July 19, 2021 (GLOBE NEWSWIRE) -- Aleafia Health Inc. (TSX: AH, OTCQX: ALEAF) (“Aleafia Health” or the “Company”) is pleased to announce the launch of its premium cannabis brand Nith & Grand. Featuring hang dried, hand trimmed, small batch dried flower, and premium concentrates, Nith & Grand appeals to experienced cannabis aficionados.

Canada’s cannabis industry is forecast to see healthy growth this year, more than double south of the border, but it is anticipated that growth will slow and come in line with that of the U.S. next year, suggests a new report released this week by Headset, a U.S.-based data and market intelligence firm.

“The smaller Canadian market is forecast to grow almost double the U.S. growth rate from 2020 to 2021,” notes the report. But the Canadian growth will slow in 2022 and likely be more in line with what happens in the U.S.

Top Canadian Marijuana Stocks To Watch This Month

During the 2nd half of July, marijuana stocks have been showing a bit more action in the market. Now with this upward momentum has also come a bit of volatile trading. With the sector beginning to fluctuate in price more often, those looking to buy top marijuana stocks still have time. Due to how low the sector has dropped since mid-February there is still more upward trading that needs to happen to see a full recovery.

The Mental Health Commission of Canada (MHCC) and its partners have announced the investment of $2 million toward targeted research on the mental health effects of cannabis use among diverse populations in Canada.

The joint investment will fund 18 research projects with a focus on subpopulations that are under-represented in current research.

Kahnawà:ke, Health Canada agreement on cannabis rules could spark further First Nations investment

An agreement between one Quebec-based First Nations territory and Health Canada looks to establish new cannabis regulations that could usher in fresh investment and opportunity for Canada's Indigenous communities. 

The Mohawk Council of Kahnawà:ke announced on Monday that it signed a memorandum of understanding with Health Canada that will create a licensing regime alongside the territory's cannabis laws which will allow businesses to pursue cannabis cultivation and processing licences. 

Health Canada has issued a warning to consumers after three batches of pre-rolled joints were recalled due to concerns regarding their safety.

The recalled product consists of three lots of dried cannabis pre-rolls from Edmonton-based licensed producer, Atlas Growers Ltd. The affected pre-rolls were sold to licensed retailers in Yukon, the Northwest Territories, and Alberta, as well as to patients who consume cannabis for medical purposes via Medical Cannabis by Shoppers Drug Mart.

New research from Western University suggests close to half of young people surveyed have driven while high on pot.

Many of the youth surveyed said they felt cannabis made them better drivers, says Robert Colonna, 24, a PhD candidate in health promotion at Western.

Others said they would likely drive high in the future and didn’t understand the risks involved in combining driving with cannabis, he said.

Since 2018, Cannabis has become a legal psychoactive substance in Canada. Since then we've seen progressive reforms. So progressive that some workplaces now permit the use of cannabis during office hours.

Seeing cannabis and the workplace in the same sentence might seem weird. However, it's the truth. Not all cannabis strains make the consumer couch-locked. Some induce a productive streak in the worker. It is commendable that some workplaces have decided to take advantage of this fact.

Some corporations may soon allow the consumption of a strain of pot during office hours, but this can only be done if the strain has been proven to have very little effect on reducing productivity levels.