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Canada

Updated at 8:25 a.m. ET

President Trump, Canadian Prime Minister Justin Trudeau and Mexican President Enrique Peña Nieto signed the new U.S. Mexico Canada Agreement — or USMCA — in Buenos Aires Friday, using the backdrop of the G-20 Summit to resolve a trade dispute between America and its closest neighbors.

Starting Wednesday, the sale of recreational marijuana begins in Canada following a law passed over the summer.

The law says anyone in Canada over the age of 18 is allowed to possess marijuana, provided it's less than 30 grams — just over an ounce. Canadians can also grow up to four marijuana plants in their home and buy from a provincially regulated retailer.

Updated at 3:45 p.m. ET

The U.S. and Canada reached a deal to replace the North American Free Trade Agreement, signed a quarter-century ago, with a new pact that the Trump administration says is easier to enforce.

In remarks in the Rose Garden formally announcing the agreement, President Trump called it "the most important trade deal we've ever made by far."

Ahead of a midnight deadline set by the White House, Trump approved changes that essentially revamp the 1993 NAFTA deal, bringing Canada on board after Mexico had already agreed in August.

Despite falling short on quarterly earnings expectations, Canadian-based Canopy Growth, the world's highest valued marijuana stock, skyrocketed on Wednesday after the maker of Corona beer invested $5 billion Canadian, which is nearly $4 billion U.S.

The giant injection of cash from Constellation Brands is the largest strategic investment in the cannabis market to date, and comes at a time when alcohol companies are making large ventures into the industry.

Canadian Firm Poised To Enter Florida Pot Market

Jul 31, 2018

A Canadian love-fest for Florida pot companies continues to blossom with a $93 million deal that includes a Ruskin-based grower yet to begin selling marijuana products.

Green Thumb Industries had a business plan, expertise and plenty of ambition to grow its marijuana business. What the Chicago-based company didn't have was access to enough capital to make it all happen.

A Canadian company is the first marijuana business to complete an initial public offering on a major U.S. stock exchange, raising $153 million to expand its operations as Canada prepares to legalize the drug nationwide.

Marijuana will be legal nationwide in Canada starting Oct. 17 in a move that should take market share away from organized crime and protect the country's youth, Prime Minister Justin Trudeau said Wednesday.

Tourists at Clearwater Beach.
WUSF Public Media

Florida’s tourism arm is touting marketing efforts that attracted an increase in travelers from America’s northern neighbor, less than a year after admitting the state had taken its Canadian visitors for granted.

THE ASSOCIATED PRESS

Around this time of year, Joel and Lorraine Leydier usually make their annual drive from their home in a small town east of Toronto to Myrtle Beach, South Carolina, where they love watching the beach from the balcony of their hotel, shopping and listening to music at The Carolina Opry.