Dozens line up in Kamloops for province's first legal pot store

Marijuana ETF Jumps After Canopy Growth Buys U.S. Hemp Researcher

In British Columbia, people can face a $5,000 fine and a possible three months in jail if the four pot plants they are allowed to grow can be seen from the street. However, the first official purchase went to Ian Power and Nikki Rose, who stood proudly at the front of the line outside Tweed's newly opened retail location in downtown St. John's. "I'd be surprised if the people tomorrow who are buying from their suppliers, traditional suppliers say 'well I'm not buying from you anymore'". "It's been my dream to be the first person to buy the first legal gram of cannabis in Canada, and here I finally am", Power told the broadcaster CBC, saying he wanted the stigma against marijuana to end.

Noooope. It remains illegal to transport marijuana and you will likely face criminal charges when trying to cross the border into the United States, even if you're going to one of the nine U.S. states where recreational marijuana is legal.

Still, worldwide businesses and investment funds have been hovering around the market for years, waiting for the time when they could legally invest in large-scale industrializing marijuana cultivation and distribution.

"I don't need to be a criminal anymore, and that's a great feeling", singer Ashley MacIsaac said outside a government run shop in Nova Scotia.

Canada has become largest country with a legal national marijuana marketplace as sales began early Wednesday in Newfoundland. "And my new dealer is the prime minister!"

USA residents are free to consume cannabis in Canada, but they should leave it behind when returning home, says Erik Altieri, the executive director of the National Organization for the Reform of Marijuana laws (NORML). Canadians also can order marijuana products through websites run by provinces or private retailers and have it delivered to their homes by mail.

"We've been working for a number of years to be ready for this moment", Mark Zekulin told Cheddar's CannaBiz.

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Flying from Vancouver to Montreal, on the other hand, with pot is perfectly legal so long as individuals meet the age requirement and carry no more than 30 grams of cannabis.

Amid growing acceptance across the country of the drug, on January 4 Sessions rescinded standing federal government policies to tolerate the stance of state and local governments, declaring "a return to the rule of law". "There is a lot of talk about changing different bills going through the US congress", he said. The goal is to better reflect society's changing opinion about marijuana and bring black market operators into a regulated system.

For starters, know this: the federal law, The Cannabis Act, lays the framework, but the provinces and municipalities ultimately set the ground rules. USA border authorities have issued reminders that travelers could face arrest if caught with it.

Canadians can travel with up to 30 grams of cannabis on domestic flights within Canada, but they cannot bring any of it with them when crossing worldwide borders.

Even those who admit to smoking marijuana in Canada could be deemed inadmissible. "There's a potential of 15 other private stores, so obviously it's going to help the economy, obviously people want to come and work in that industry, and it's a great business opportunity for entrepreneurs".

Canada has invested C$274 million to enforce new laws and some provinces have allocated their own funding, but Palmer said police will not crack down on illegal stores right away.

"It's good in a way, but we liked having the store".

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