Canada becomes second country to legalize marijuana nationwide

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However, it remains illegal to possess more than 30 grams of cannabis in public, grow more than four plants per household or buy from an unlicensed dealer.

Sinclair said the product only stays on shelves for a matter of days or weeks before it's shipped to dispensaries or retailers across Canada.

Statistics Canada now tracks consumer cannabis prices through a voluntary reporting mechanism.

The Nova Scotia Liquor Corporation said it conducted 12,810 transactions totalling more than $660,000 in sales, of which nearly $47,000 were online, a spokeswoman says.

Despite pot sales becoming legal across Canada - a major policy shift - just one government-approved cannabis store will open in British Columbia on Wednesday - a lone BCLDB government-operated branch in Kamloops. In Prince Edward Island, total sales on the first day was more than $152,000 after tax, almost $21,000 of which was online.

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Customers of the Ontario Cannabis Store may have to wait a little bit longer to get their weed due to a "high volume of orders".

But because there's only one store open in the province at this time, online purchases are what truly took off. Zanocco says about 9,100 customers placed orders through the online store within the first 24 hours. "We haven't really run out of anything, there's a couple of strains - maybe three - that are not available but that's pretty good compared to some of the other provinces".

The following article is part of a package of stories that MarketWatch is publishing to mark the start of full legalization of cannabis for adult use in Canada on Wednesday October 17th, 2018.

The lines stretched into the hundreds at some retail locations across the country on Wednesday, and some provinces said they saw shorter queues on Thursday. Philip's after completely selling out of product yesterday. "Our processes for serving our customers and ensuring they had an excellent experience became smoother and more efficient throughout the day", Fire and Flower finance vice president Nadia Vattovaz said.

While some provinces have allocated funding to enforce cannabis regulations, Palmer said police will not crack down on illegal stores right away. "As we know the federal government has put in place additional licences, for example, and the product from those is coming on stream".

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