Cannabis becomes legal in Canada

Feds to announce plan to pardon Canadians convicted of simple possession of pot

B.C.'s first legal cannabis store approved one day before legalization

The Cannabis Act legalizes recreational use of marijuana.

"I think it's one of the biggest moments of my life", he said.

The Canadian government is ready to pardon those with a cannabis possession record of 30 grams or less as the country becomes the world's second and largest country with a legal national marijuana marketplace.

Kennedy added that he expects several more countries to legalize medical marijuana as well.

The B.C. Liquor Distribution Branch, the official government distributor of non-medical cannabis in B.C., has entered a contract with Canada Post to deliver online cannabis orders to customers. "We don't have extra patrols on, but we are anticipating that if something does happen we do have plans to respond to it, but at this time we don't believe there will be much different than there is today".

Nanaimo, British Columbia-based Tilray has become the poster child for the recent run-up in pot stocks, gaining more than 800 percent since its July public offering.

"First thing I'm going to do is put on God Save the Queen in the background and blow up a fat reefer", joked one man outside Farm.

Tilray is the largest pot company, with a market value of nearly $15 billion. California, the largest legal market in the USA, earlier this month became the first state with a law mandating expungement of criminal convictions for marijuana-related offenses that no are longer illegal. Ron Wyden of OR said in a statement.

US Customs and Border Protection invited Canadian media to a conference call on Tuesday so officials could reiterate that marijuana remains illegal under US federal law and that those who are caught at the border with pot are subject to arrest and prosecution. Tobin, a longtime convenience store owner, said they will be cutting a ribbon and cake.

"We are just ecstatic", she said. "You got to sell $250,000 worth of product in order to make $20,000".

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