Canada is in a good position to corner the marijuana market as the industry up north continues to develop in the wake of recreational legalization. And that makes US businesses worried.

"The concern for some of the players is the market will be dominated by Canadian companies, shareholders and banks if we allow too much time to pass," cannabis exec Derek Peterson told Huffington Post. "If we don't see something happen in 2019, almost all of us will be takeout targets for Canadian players."

The feds wanted to allow provinces to regulate pot sales, just as they do alcohol, says John Conroy, a B.C. lawyer who has led the way in medicinal marijuana law. He says the feds believed the provinces were best-positioned to distribute recreational marijuana by piggybacking on the existing liquor distribution system.

About that liquor distribution system: Canada’s booze laws are all over the map. Quebecers have been allowed to buy beer and wine in corner stores for ages, but it’s only been legal in B.C. for a few years and in Ontario since Aug. 1.

As many of you know, the Coalition Avenir Quebec (CAQ) has officially been elected. If you've been following along, you know that this party has definitely made some interesting promises during their campaign.

Some of these promises were reasonable, like extending the blue line of the metro, while others were just downright crazy, like kicking people out who don't speak French! 

Unfortunately, that's not the end of the crazy promises and laws they would like to implement in Quebec. With the date of the legalization of marijuana fast approaching, the CAQ wants to put in effect some strict laws regarding the popular drug. 

With recreational marijuana legalization nearly two weeks away, Canada's largest airline has barred some of its employees from consuming cannabis, even when they're off-duty.

Air Canada announced Friday that pilots, cabin crew, flight dispatchers and aircraft maintenance workers won't be able to smoke weed whether they're on or off duty.

The policy applies to "safety-critical" areas, where impairment would present an obvious issue for the airline.

But for companies where public safety is not at risk from cannabis consumption, can employers still dictate what their workers do in their private lives?

Once the federal government legalizes recreational cannabis on Oct. 17, it’ll be legal for Canadians to fly anywhere in the country with up to 30 grams of cannabis in their luggage — be it checked or carry-on bags — according to Transport Canada. However, it’ll remain illegal to ship any amount of cannabis on a flight across the Canadian border, even if it’s part of a medical prescription.

How this will all play out in the security line at Canadian airports remains to be seen. Christine Langlois, a spokesperson with the Canadian Air Transport Safety Authority — which oversees security checks at airports — said it’s still working on how to adjust its protocols. “We expect to finalize our procedures in the coming days,” Langlois said in a statement.

Cannabis-infused drinks have been seen as a potential growth area for soda and spirits companies that have had trouble boosting sales.

PepsiCo on Tuesday joined the growing list of big companies to confirm potential interest in making drinks with cannabis.

Hugh Johnston, chief financial officer of the soda and snacks giant, acknowledged the company's interest in an interview with CNBC. "We will look at it very critically," Johnston said of cannabis on an interview with CNBC. "But I am not prepared to share any plans that we may have in the space right now."

CFN Media Group ("CFN Media"), the leading agency and financial media network dedicated to the North American cannabis industry, announces publication of an article discussing the licensing agreement that 48North Cannabis Corp (TSX-V:NRTH) has entered with Mother & Clone Inc.

Cannabis stocks were mostly sharply higher Monday, with India Globalization Capital Inc. a standout, adding another 18% on excitement about its plans for the CBD-infused-energy-drink market.

Maryland-based India Globalization’s stock IGC, +26.61% gained 27% on Friday after it revealed the plans, pulling the stocks of other companies already involved with the cannabinoid higher with it.

Hip hop and cannabis are a great combo, according to rapper Raekwon, who once said the music he recorded with his fellow Wu Tang Clan members was fuelled by weed and pizza. So it's no surprise that the Quebec-based cannabis grower HEXO tapped Wu Tang for a free concert tonight in Toronto, but Health Canada isn't a fan of the event, which could be breaking the government's strict rules for licensed producers.

Many Canadian police services are still "putting the finishing touches" on the rules surrounding officers' consumption of cannabis, less than three weeks before marijuana is legalized for recreational use.

So far, Calgary is the only jurisdiction with a complete abstinence policy.

Officers in the Calgary Police Service will be banned from consuming marijuana even on their days off or vacations — a policy that the police union says it plans to fight. Other police departments with policies in place require officers to be "fit for duty," more in line with the rules surrounding the consumption of alcohol and prescription drugs.