Top 3 Canadian Marijuana Stocks For 2021

Canada was the second country to federally legalize recreational cannabis use when it did so in 2018. So what are some of the leading Canadian marijuana stocks in 2021?

Compared with the United States’ population of 328 million. Canada has a relatively small population of just 37 million. This is why we’ve got our sights aimed at the U.S.’s bourgeoning cannabis industry, as the gains that could be made by investors in the States are almost tenfold what may occur in Canada.

That said, Canada legalized recreational cannabis in 2018, and became the second country to do so after Uruguay, giving the country a headstart over the U.S., which has yet to legalize marijuana on a federal level. Moreover, Canadian cannabis giants like Canopy Growth have paved the way for the industry, showing the world that Canada isn’t messing around when it comes to marijuana.

As such, here are our top 3 Canadian marijuana stocks.

1. Canopy Growth Corporation (NYSE:CGC)

Of course, when talking about Canadian marijuana stocks, we have to begin with Canopy Growth, the cannabis company with the largest market capitalization.