Edmonton-based Fire and Flower is readying its storage facility and has applied for a licence to operate a wholesale cannabis operation, according to the company’s vice-president of government and stakeholder relations, Nathan Mison.

Many of the marijuana retail outlets in Saskatchewan, including all seven in Saskatoon, have yet to open. Many have cited a lack of supply.

“We’re very close, but we’re not open yet,” Mison said in a phone interview last week from Edmonton. “We hope we’ll be able to fill some of the market. We don’t know that we will be able to fill all of the market.”

Here’s an overview of the regulatory status of marijuana legalization in top cannabis countries and what companies and stocks have the most considerable presence there.

Looking for a job?

The country’s largest cannabis company Canopy Growth Corporation has said they’ll be hosting a hiring fair in Calgary on Wednesday, November 7 in the hopes of finding some retail workers for their soon-to-be-open YYC stores.

The corporation has opened eight Canadian locations already, all situated in Eastern Canada. The hiring fair will be held at the Westin Calgary from 10 am to 4 pm on Wednesday, and anyone looking for a gig is encouraged to arrive with resume in hand.

The red-leafed blueberry bushes and greenhouses filled with tomatoes tell you that this small town south of Vancouver is a great place to grow things. A peculiar smell in the air tells you marijuana producers have already figured that out.

Across Canada, gleaming glass greenhouses that once grew produce for consumers are being retrofitted with air filters and light-blocking shades. Gone are the tomato plants and peppers. In their place are tens of thousands of sun-grown cannabis plants and hundreds of farmworkers transplanting, watering, trimming and packaging pot.

Experts say these highly sophisticated operations are the future of marijuana production internationally. The hope is that they will drive the price of pot so low, black marketeers give up.

If voters in all four states approve their questions, 2018 will end with 32 medical marijuana states and 11 that allow cannabis for adults.

Political oddsmakers give cannabis reform advocates reason to be optimistic heading into the November 2018 election.

There is unprecedented support for marijuana legalization, and advocates say the midterm elections could mark the point of no return for a movement that has been gathering steam for years.

Two to one odds Feds will legalize by 2020 

Currently the online betting site lists 2 to 1 odds that recreational marijuana will be legalized federally before 2020.

Will Medical Marijuana be legalized federally before 2020?
Yes 2/1 (+200)

“This will be the next canola,” said Danny Fieldberg, who grows industrial hemp on his certified organic farm outside of Medicine Hat. “Once it gets going, there will be no stopping it.”

Like canola — which was selectively bred by a team of researchers in the 1970s and has grown to become a billion-dollar industry for Canada — industrial hemp is primarily grown in the three Prairie Provinces. Also like canola, hemp can be used to produce a cooking oil, as well as edible seeds, protein powders and more.

Most marijuana stocks took a beating in October. Once-high-flying Tilray (NASDAQ:TLRY) plunged more than 30%, although it still claims the highest market cap among its peers. But not every marijuana stock experienced misery last month.

Shares of Origin House (NASDAQOTH:ORHOF), formerly known as CannaRoyalty, actually ended October up a little.

Which of these two marijuana stocks is the better pick for long-term investors? Here's how Tilray and Origin House stack up against each other.

Mexico’s Supreme Court on Wednesday ruled for the fifth time that the country’s prohibition on marijuana is unconstitutional, essentially making it difficult for authorities to successfully prosecute someone for consumption, possession or cultivation of the plant.

The potential of the global cannabis industry is so vast that it could eventually make the sky-high valuations of some Canadian licensed producers look like bargains, according to a new report from Bank of Montreal.

In the report, the bank’s cannabis sector analysts, Tamy Chen and Peter Sklar, sought to determine just how big the total addressable market Canadian producers will be competing for in the coming years, one that doesn’t stop at Canada’s borders.

Ontario still has problems shipping pot