Allen Kilback doesn't know yet what his Edenwold, Sask., cannabis dispensary will be called.

But he's got his main demographic picked out: women aged 30 to 40.

He settled on that during a recent research trip to California, where he watched customers stream into one of that state's legal recreational pot stores.

"People pull up with their kids in the car and they go in," he said.  

Familiar faces

Normalizing the process of buying pot is part of what Kilback, 52, wants to do alongside his wife and business partner, Denise.

"I spent some time in U.S. looking at the industry and decided, you know what, I saw a tremendous opportunity to really change the stigma about the industry and got super motivated," he said.

While much of the country is focused on cannabis as it relates to consumers — the countdown to legal weed on Oct. 17, protocols for marijuana retailers, penalties for impaired drivers, and so on — municipalities along Ontario’s south coast are busily trying to manage the growth of a nascent industry.

Here, the legalization of cannabis for medical purposes and the arrival of industrial-scale production have sprouted concerns that will only thicken in years ahead. After all, the time remaining before the recreational marijuana market opens up in Canada is about the same as the life cycle of a cannabis plant.

Analysts are predicting that weed stocks will surge this fall, though the drivers of the Canadian marijuana are varied and complex enough to throw a curveball. Besides which, a sudden spike in prices may precipitate a big sell-off as shareholders seek to capitalize on a once-in-a-lifetime opportunity for gains. Early signs of that looked-for $5 billion per annum industry will be crucial to stock performance, as tensions are likely to be high. Meanwhile, market stressors are likely to impact stock prices, while per-gram prices of the green stuff itself are likely to oscillate and drive stock volatility come October….

From gummy bears and lollipops to ice cream, the choices for Canadians could be endless when cannabis-infused edibles are expected to become legal a year after the legalization of recreational marijuana on Oct. 17.

But those kinds of treats may not be coming to stores or online retailers in Canada right away. Experts say any marijuana-infused food that’s attractive to children likely won’t be permitted for sale in Canada – just one of the many examples of the looming challenges that Canada’s regulators face in the legalization of edibles.

Anne McLellan, former chair of the federal cannabis taskforce, said the body has warned the government against permitting the sale of edible cannabis products that could be appealing to children.

The Cannabis Act has passed, a date is set for the introduction of legal recreational cannabis across the country: What comes next? Full drug legalization? Easy access to narcotics, psychotropic escapism, values corroded, families torn apart, Canada spinning into the abyss?

Remember this feeling; log these concerns. Because this is similar to how people felt nearly a century ago. Then the drug was alcohol and the worries were much more profound. Social decline, moral corruption, economic collapse, national disaster – these were the concerns that drove liquor prohibition, shaped post-prohibition regulation and provided a template for cannabis legalization.

In case you missed it, weed stocks are big right now in Canada. While some people point to the dot-com bubble and others point out that weed producers actually have a product with provable demand, the fact is that cannabis per-gram prices are going to become one of the most discussed trade topics post-October. You may not have considered some of the factors below as having any potential impact on your pot stocks, but each one could, in its own way, add further volatility to the market after legalization on October 17. Competition is going to be high We all…

When Canopy Growth Corporation was first listed on the TSX Venture Exchange in April 2014, long before there was any prospect of the recreational legalization of weed, its stock was trading at a mere $2.59. It was only in November 2016, when legalization was officially announced, that Canopy’s stock started to pick up steam. At its height, Canopy stock was trading at over $44 per share — it now hovers in the $33 - $35 range, more than 10 times the value it was in 2014.

Other big cannabis companies like Aurora Cannabis, Aphria Inc. and Cronos Group observed a similar growth trajectory, seeing their stocks burgeon in value over the short span of two years.

For early investors of pot stocks, their returns are more than made.

Doctors in Canada want to see the medical cannabis system phased out once legalization happens later this year, says a Canadian Medical Association vice-president.

"The medical profession, as a whole, has really struggled with the whole concept of medical cannabis. There's definitely some physicians who feel comfortable in that area but most don't," Dr. Jeff Blackmer, vice-president of medical professionalism for the Canadian Medical Association, told CBC Calgary News at 6. 

Crossing the Canadian border with cannabis, either entering or leaving, is illegal – and will stay that way come October 17. But what about keeping it domestic? Daily Hive consulted an airline, a bus company, and a railway about how things will work when the Cannabis Act is implemented.

Here’s what you need to know about how cannabis legalization will affect traveling within Canada.

Domestic flights

It looks like you’ll be able to roll onto a commercial flight with a purse full of pot sans problems – at least for now.

With reports swirling that Premier Doug Ford wants to allow private retailers to sell cannabis in Ontario, Toronto is bracing for any additional headaches that could cause right before weed becomes legal in Canada this fall.

One expert says the city is likely overreacting, and there won't be any "mass crisis" on its hands — but city hall is still looking for the province to pick up the slack and fund costs that might spring up from implementation and enforcement.