Medical cannabis will eventually be legalised in Australia and opposition is based on "faith, not logic", the chairman of a business granted permission to grow crops on Norfolk Island has said.

Former West Australian Liberal MP Mal Washer, who is a GP and chairman of a Perth-based company which has just been granted permission to grow medical marijuana on Norfolk Island for export to Canada, said the growing operation would be closely monitored.

The company had previously sought permission to grow cannabis in Tasmania but encountered too much opposition.

As marijuana businesses expand in Washington State, a bill being debated in Olympia could prompt the industry to grow even more.

Producers, processors and retail shop owners are closely watching HB 2136, which would rework some of the current regulations and change the tax structure. Some marijuana businesses say it's nearly impossible to make any money under the current tax structure.

"We've learned a lot since I-502 passed," says Rep. Reuven Carlyle (D-Seattle), the bill's primary sponsor. "This is an update, and a modernization of the current initiative."

Other addresses included apartments and homes, plus the ZaZa Nails & Spa salon in Anthem, which Arpaio said was being used to launder money.

The warehouse, which featured four growing rooms, was the only location where marijuana was being cultivated, deputies said. The two-story tan building, about 50 feet on the square, featured two large roll-up doors and was protected by a cinder-block perimeter wall topped with rolls of razor wire.

During the early-morning drug bust, the odors of fresh marijuana and fertilizer overpowered those of diesel trucks roaring by on busy Seventh Avenue.

Arpaio said he was a little surprised that the indoor farm could be hidden from the public so well, but added that the drug ring was a "sophisticated operation."

Expanding the cannabis market will require not just drug reform legislation, but also a consistent infusion of capital.

The convention floor at Denver Airport's Crowne Plaza on a recent afternoon could have been the trade show for any well-established industry -- gray-haired execs in conservative suits mingling with office park dads in polos and fresh-out-of-college types in brand-emblazoned T-shirts. Only this is a new kind of business conference with a special Colorado theme: legal weed.

I still vividly remember stumbling across a volume of Bartlett’s Familiar Quotations for the first time. I was in second grade, carefully choosing books to check out from the local library. The maximum number of books you could borrow at a time was 25, and I was accustomed to devouring each beloved book quickly and enthusiastically.

As I made the decision to include this interesting book in the day’s bounty, my mind immediately began to wonder whose job is it to edit such a publication?And who are the great men and women who first spoke these important words?How important they must be, I decided, to end up in such a monumental book!

Colorado has not only been at the forefront of the marijuana revolution through the state’s efforts to legalize recreational marijuana, but Colorado is also a leader in industrial hemp research. The University of Colorado Boulder has scientists studying industrial hemp for research purposes.

These efforts are being led by Nolan Kane, a geneticist who specializes in evolutionary biology. Right now, Kane is only allowed to grow strains. The rest of his research material is cannabis DNA, which is supplied by Colorado growers who extract it using methods he’s taught them.

CANNABIS CULTURE - A public hearing regarding the City of Vancouver'sproposed regulations for medical marijuana dispensaries will be held at City Hall on Wednesday, June 10, 2015, at 6 PM.

To register to speak at the hearing, members of the public can send an email to publichearing@vancouver.ca or call 604-829-4238 after 8:30 am on Friday, May 29.

Citizens have been invited to provide comments to Mayor and Council atmayorandcouncil@vancouver.ca and they will be distributed to Council in advance of the hearing.

CORAL SPRINGS, Florida, May 20, 2015 /PRNewswire/ --

Hemp-based consumer products for the nutraceutical, pharmaceutical and supplement industries continue to evolve as more and more states nationwide soften on restrictions for Legal & Medical Marijuana industries.  Marijuana & Cannabis Based Companies in focus today are: Algae International Group, Inc. (OTC: ALGA), Hemp, Inc. (OTC: HEMP), Easton Pharmaceuticals (OTC: EAPH), DigiPath, Inc. (OTC: DIGP), American Green, Inc. (OTC: ERBB) and Cannabis Science, Inc. (OTC: CBIS).

Three out of four new businesses fail. A simple fact. So if your dream business is more likely to be unsuccessful than successful, why even try?

The formula for launching a successful cannabis business is complex, but everyone needs to start somewhere. Usually this means raising capital, either from friends and family or outside investors. As an investor who has listened to hundreds of pitches from cannabis industry startups, I have distilled a list of seven elements I like to see in investment-ready businesses.

So what does it take to raise capital in the cannabis industry?

1. Founder, Founder, Founder

London, UK, 19 May 2015: GW Pharmaceuticals plc (Nasdaq: GWPH, AIM: GWP, “GW,” “the Company” or “the Group”), a biopharmaceutical company focused on discovering, developing and commercializing novel therapeutics from its proprietary cannabinoid product platform, announced that the Company has appointed Julian Gangolli as President, North America and is also relocating its Chief Executive Officer, Justin Gover, to the United States.