San Francisco (CNN) It's time for Cannabis 2.0 in Canada.

Canada's foray into legal cannabis last year was intentionally slow, methodical and tempered. The forms of recreational cannabis were limited to dry flower (or bud), tinctures and capsules.

Canada is marking its one-year anniversary of legal weed by way of a product upgrade.

A customer smells a sample as she shops for cannabis on the first morning of opening for Toronto's "Hunny Pot," one of the retail stores licensed to sell cannabis in Ontario on Monday, April 1, 2019. (Chris Young/The Canadian Press via AP)

Health Canada, the governing body overseeing and regulating cannabis sales, on Thursday will start accepting applications from companies seeking to produce cannabis-derived goods such as edibles, beverages and vaping products.

The planned enhancement is projected to be a billion-dollar boon for Canada's burgeoning cannabis businesses. But, staying true to methodical form, it's going to take some time before cannabis-infused beverages and gummies appear on store shelves.

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