There's a new product from the Great White North slated to hit the world market: Canadian cannabis.

Aurora Sky, the 800,000-square-foot marijuana production facility near Edmonton International Airport, has had about 80 per cent of its glass greenhouses erected, with six of their 17 planned growing bays completed.

Aurora Cannabis, the parent company, currently has a roughly 55,000-square-foot facility in Mountain View County. Each one of the growing bays at Aurora Sky will be bigger the entire growing space of their current operation. The company says it's the world's largest cannabis production facility.

But what the company's executive vice president, Cam Battley, is most excited about is how Canada is slated to be a world leader in the medicinal cannabis industry.

"I've spent my whole career in biotech and farm and I've never seen anything like this," Battley said. "We are literally inventing a new industry in real time."

One of the reasons Canada is set to be a world leader in selling medicinal cannabis is because of the reputation Health Canada has built for quality control.

"Because Canada has these established and licensed producers, that are so highly and successfully regulated by Health Canada, we're trusted internationally," Battley said.

But more importantly, pending legalization gives Canada a big advantage over its bigger neighbour the United States. Even though several states have legalized marijuana, it's still illegal federally, which prevents states from growing marijuana in their home state and selling it abroad.

It also prevents them from accessing capital from the big banks.

Meanwhile, Aurora is already looking to get into the German market through their German-based subsidiary Pedanios.