A new, state-of-the-art cannabis cultivation and extraction facility has opened in Halifax. GrowForce, a Canadian-based company that operates a complete seed-to-sale cannabis platform under Health Canada’s Cannabis Act, and Halifax-based AtlantiCann Medical Inc. (AMI), a licensed producer and member of the BANC group of companies, announced the opening of their newly built, 48,000 sq ft facility at the official ribbon cutting ceremony.

 Eve & Co Inc. (TSXV:EVE), through its wholly-owned subsidiary Natural Medco Ltd., is a Licensed Producer and seller of dried cannabis and cannabis plants under the Access to Cannabis for Medical Purposes Regulations. Natural Medco is Canada’s first female-founded Licensed Producer and received its cultivation license from Health Canada in 2016 followed by its sales license in June 2018. Eve & Co commenced trading on TSX Venture Exchange on July 4, 2018.

Altria Group Inc. is scheduled to report third-quarter earnings on Thursday, and investors are hoping the company will have news on its plans for the cannabis market.

The tobacco giant MO, -1.03% has eschewed cannabis in the past because it remains an illegal substance at the federal level, even though 31 U.S. states and the District of Columbia have laws that allow medical marijuana and 10 states allow it for recreational use. Under federal law, it remains a Schedule 1 drug, putting it on par with heroin and cocaine.

On Wednesday, Oct. 17, Canada became the first industrialized nation to officially legalize recreational marijuana.

Our neighbor to the north was only behind Uruguay, the first country ever to make the same move.

I had that date circled on my calendar for months, and now that it has finally passed, it is time to build a solid portfolio of cannabis-related stocks to take advantage of the potential over the long term.

The marijuana market in Canada will be big, and I expect it to continue to grow significantly in the next 10 years. Today, I want to tell you about five marijuana stocks that will put us in the best position to benefit.

Since last week, many Canadian citizens are rejoicing as the Cannabis Act went into effect.

Canada becomes just the second country in the world to fully legalize recreational marijuana.

But how does this impact the nation’s most popular pastime? What does this mean for the NHL?

What is it?

The two main components of cannabis plants are cannabidiol (CBD) and tetrahydrocannabinol (THC). Both have many similar medical benefits but aren’t the same. The former is the nonpsychoactive ingredient whereas the latter is the chemical that gives users the high that is typically associated with marijuana. Athletes tend to use CBD products more so for that reason.

Shares of major Canadian-listed cannabis companies are extending their broad declines Monday as investors pull out of the volatile sector just a few days after recreational use was legalized in Canada.

Legalization has not been kind to some of the country’s biggest names such as Canopy Growth Corp., Aurora Cannabis Inc. and Tilray Inc. which have seen their respective stocks suffer double-digit declines since Oct. 17 when adult-use of marijuana in Canada was permitted as Bill C-45 came into force.

The Cannabis Act has officially come into force, meaning Canadians can now legally possess and consume recreational cannabis (with some restrictions, of course).

Travelling cannasseurs can now rejoice at not having to search through every bit of luggage before hopping over to a domestic destination (border crossing with weed is still illegal).

Here are the most common modes of transportation and how to stay compliant when you travel with cannabis.

Domestic flights

According to a statement from Transport Canada, “after October 17, 2018, passengers will be permitted to have a legal amount of cannabis, which is 30 grams, in either their carry on or checked bag, if they are flying to a domestic destination.”

Passing a joint is becoming increasingly passé. Pax Labs Inc., a San Francisco-based startup that makes marijuana vaporizers, raised US$20 million from investors, Chief Executive Officer Bharat Vasan said on Monday. The company declined to provide the valuation.

Pax, part of a rising tide of marijuana device companies, makes internet-connected vaporizers that allow users to control how high they get when consuming the drug. The company’s sleek devices look like highlighter pens or USB sticks, and are operated through an app. Vapers can tinker with the app’s settings to puff a thicker plume of smoke, or lower the device’s LED light to be more discreet when inhaling in public.

With cannabis legal in a number of states and Canada, and even though pot is an agricultural product, not everyone wants to smoke it. So scientists have found a way to make pot's two most valuable compounds in a pot - using yeast.

A spokesperson for Canadian Blood Services says the legalization of cannabis this past week will have no impact on its blood donor clinics. Territory Manager Steve Raizen says the fact that cannabis is legal does not change the way they screen donors.

"No, it doesn't. Canadians are eligible to give blood as long as they are not intoxicated. Many people think that they are ineligible to give because of past marijuana use, but that's not the case. If a person is sober and can give informed consent and they meet our other criteria, then they are eligible to donate blood."