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The only legal weed that's for sale in the province sits inside the BC Cannabis Store down the street or it can be ordered online.

And pot enthusiasts from Montreal to Winnipeg to Calgary were getting their bongs ready for "End of Prohibition" house parties.

Authorities will soon announce plans to pardon Canadians who have been convicted with possession of 30 grams or less of marijuana, CNN partner CTV reported.

"It's an octopus with many tentacles", he added, "and there are many unknowns". The top 12 marijuana companies in the country are worth around $42 billion, and then there's the secondary industries - those making farming supplies, accessories and technology - that will receive a boost from legalization.

So right now may be the best time to invest in Canadian cannabis before it starts getting even more expensive.

Liberal Prime Minister Justin Trudeau has defended legalisation - the fulfilment of a 2015 campaign promise - as meant to protect young people and to shut down drug dealers.

One in five Canadian teens and almost one in three young adults reported using cannabis in 2015, "some of the highest rates in the world", the Canadian government said.

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On Wednesday, Canada became the largest country in the world to legalize it.

Consumers buying cannabis products are responsible for paying the applicable Tax (GST/HST) depending on the province or territory where the product is purchased (5%, to 15%).

He has also said that his late brother Michel was facing marijuana possession charges for a "tiny amount" of a pot before his death in an avalanche in 1998 and that this influenced his decision to propose legalising cannabis. "There is a clear risk of addiction".

Meanwhile, the Ontario government's website OCS.ca - the only way to buy cannabis legally in Ontario until physical stores open in April next year - was running smoothly, but the number of dried cannabis products listed online had shrunk by Wednesday morning.

One of the lucky Canadians who managed to buy marijuana on the first day of legalisation at a cannabis store in Quebec City, Quebec. A small team of employees answer questions but don't make recommendations. "Up to four cannabis plants will be allowed per household", Toronto police tweeted.

The new national social use regulations do not amend Canada's existing medical marijuana access laws, which have been in place since 2001. As the federal government works out the finer details on regulating the production and sale of food items containing cannabis, pot brownie lovers will just have to settle for baking their own at home.

And there was more good news for marijuana lovers. The sterility of the store design seemed calculated to make pot unglamorous, nearly like buying cough syrup. The legal age to purchase Cannabis varies in each Canadian province - Alberta and Quebec have set the minimum age for purchase at 18, while others have made it 19. Michael Amlung, a behavioral neuroscience assistant professor and faculty affiliate of the Michael G. DeGroote Centre for Medicinal Cannabis Research at McMaster University, said that his data shows a price of $10 - $14 per gram-any higher and the legal market won't be able to compete.