The CEO of California-based marijuana producer and seller Terra Tech is watching the cannabis industry boom north of the border with more than a little apprehension — because he is already seeing the beginnings of an invasion of U.S. markets by Canada's cannabis firms, today the world's largest.

"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," Peterson said by phone from California.

With Canada set to legalize recreational marijuana on Oct. 17, Canadian cannabis stock prices have soared, giving these startup firms enormous amounts of money with which to invest in their business.

Tyler Rumi looks across 24 acres of rolling farmland on the north end of Salt Spring Island. While some island residents see protected agricultural land where mature trees have been clearcut to make room for an industrial-style facility, Rumi sees a landscape being primed to grow B.C.’s next cash crop: cannabis.

A courier company with experience delivering medical marijuana will be bringing recreational pot to Islanders once it is legalized next month.

P.E.I. Liquor Control Commission spokesman Zach Currie confirmed shipping company Purolator has been chosen to provide home delivery for recreational cannabis in the province.

Purolator submitted one of four or five proposals, Currie said. “There wasn’t major interest.” Choosing a delivery provider brings the province another step closer to being ready for Oct. 17 when recreational marijuana is legalized across Canada. Home delivery won’t be the only way for Islanders to buy marijuana once it is legalized.

There's nothing like a bit of sibling rivalry to sharpen things up and that is the case with the Davinci Miqro versus the Davinci IQ.

In the world of vaporizers, Davinci has an excellent reputation for producing great products and with the Davinci IQ and Davinci Miqro they've created two of the best vaporizers available.

While the Davinci IQ has been around for a few years now - and has built-up a strong and enthusiastic following - the Davinci Miqro was unveiled in the summer of 2018 to deliver the same great features, but in a smaller package.

But the line between the two sectors is set to become increasingly blurred as some of those booze merchants make peace with pot by either switching over to the cannabis side or expanding into it.

Even before the advent of legit marijuana, many liquor retailers, particularly in Calgary, have seen the economic downturn take a five- to 10-per-cent bite out of their sales volume over the past three years, said Ivonne Martinez, spokeswoman for the Alberta Liquor Store Association (ALSA).

“Cannabis is an opportunity to make up that loss,” said Martinez.

“It’s very similar to alcohol — we know how to do this properly and would be well-prepared to do so.”

With the Cannabis Act set to legalize most forms of recreational cannabis in just a few short weeks, many consumers and businesses alike may require further clarity on the limited scope of legalization.

Unlike the fresh, dried and oil options, edible cannabis will not be available for purchase and sale on October 17, 2018.

The sale and purchase of 'edibles', or cannabis-containing food products, will not become legal in Canada until 2019, due to the added complexity of dosing, packaging and regulating these products. This article provides an overview of the current status of edibles in North America, including a review of the regulatory schemes in certain U.S. states, including Colorado, California, and Massachusetts.

‘BC Bud’ developed a reputation as some of the best quality cannabis on the planet long before the federal government under Justin Trudeau finally opened the door for legitimate industry to capitalize on that brand reputation.

The Ontario government is setting a framework for recreational cannabis retailing that emphasizes widespread competition and deals a blow to licensed marijuana producers by limiting their share of the market.

Finance Minister Vic Fedeli and Attorney-General Caroline Mulroney said on Wednesday during a joint news conference that there will be an unlimited number of stores that can sell recreational cannabis in Ontario, but that they will drastically limit licensed growers to just one store each at an Ontario production site. The proposed legislation, which will be introduced on Thursday, also leaves the door open for the province to restrict how many licences a single entity could hold, but no number has been set.

No space has been hotter this past month than the marijuana sector, with pot stocks continuing to race up (and sometimes down) the charts in the lead-up to recreational cannabis becoming a reality across Canada.

And if you’ve been lucky enough to have placed some winning bets on stocks like Canopy Growth and Aurora Cannabis, now might be a good time to cash in your chips before the bubble bursts, says Lester Asset Management CEO Stephen Takacsy.

“The sector is so overvalued right now, it’s undescribable,” Takacsy told BNN Bloomberg . “You can’t justify these market valuations based on never mind today’s results but even forward results two, three, four, five, ten years down the road. There will be a lot of casualties.”

With the legalization of recreational marijuana fast approaching, Canadian universities and colleges are working hard to lay out their campus policies for cannabis use.

While many institutions are still finalizing the details, many plans are ready to go.

These are the policies currently laid out across Canada.

Smoke-free campuses

Memorial University of Newfoundland - St. John's

Memorial University has been smoke-free since 2013. This policy includes cannabis.

"Edibles have not been legalized under the current ... legislation and violations would continue to be addressed through law enforcement as they have been in the past," university spokesperson Dave Sorensen said in an email to HuffPost Canada.