Hydropothecary, the Gatineau-based medical marijuana producer, has received a licence from Health Canada to produce cannabis oil.

It can’t sell the oil yet. For now, the company can only do research and produce oil, but it hopes to get permission to sell it through a series of approvals that Health Canada requires.

Hydropothecary already sells dried medical marijuana, but wants to sell edible cannabis oil for people who can’t tolerate smoking marijuana, or who simply prefer to swallow an oil.

The company says its extraction process eliminates the use of solvents and other harsh chemicals that leave a residue in the final product. Company spokesperson Julie Beun says the extraction machine “is basically a giant pressure cooker.”

Previous marijuana tax-revenue estimates were far too low, states a new report by the nonpartisan Grand Canyon Institute.

Arizona would raise about $72 million in revenue annually beginning in 2019 if voters make recreational marijuana legal in Arizona with an anticipated ballot initiative in 2016, says the report, published on the group's website.

SOUTH LOS ANGELES (KABC) -- A medical marijuana dispensary in South Los Angeles went up in flames early Tuesday morning following reports of an explosion at the building.

The fire erupted around 3:40 a.m. in the 6000 block of South Broadway. Approximately 100 Los Angeles City firefighters knocked down the fire around 4:20 a.m.

According to firefighters on scene, no one was inside the structure at the time of the fire, and no injuries were reported.

Fire officials said the flames were mostly confined to the second story of the business.

Arson investigators were called to the scene after witnesses told fire officials they heard an explosion prior to the fire.

The cause of the fire was under investigation.

• Michael Straumietis is the CEO of agricultural firm Advanced Nutrients 
• They develop marijuana-specific nutrients and supplements 
• The 6ft 7in businessman has created a global empire with his products
• Flaunts trips to drug conferences with a harem of women on social media
• He has had brushes with federal agencies including the DEA  

Marijuana laws are relaxing in states across the country.

With it, those involved in the controversial business are becoming more care free.

And one entrepreneur is on his way to becoming the new King of Instagram with wild social media postings of scantily-clad ladies, private jets, and cannabis.

The Henderson City Council approved a medical marijuana dispensary Tuesday night that plans to open on Eastern Avenue, south of the 215 Beltway.

The Source Henderson becomes the fourth dispensary approved in the city, three of which are within about two miles of each other.

None have opened yet. Clark County has only one dispensary in business, Euphoria Wellness in the southwest Las Vegas Valley.

Andrew Jolley, the co-owner and CEO of The Source's parent company, said the dispensary plans to apply for building permits in a few weeks and could be open by the new year.

"Our partner owns the shopping center," Jolley told the council with a smile. "That always helps."

​Looking for the closest legal medical marijuana dispensary? How about a like-minded 420-friendly soulmate to share your life (and stash) with?

A new batch of pot-centric apps are now available that let you join in on the high times from the comfort of your own smartphone.

Weed apps have had an uphill battle on the App Store, as Apple tends to have a much more controlling presence in which apps get approved (see Android game BudTrimmer for an example of what you won’t see in Apple’s storefront).

CORAL SPRINGS, FL – Sep 1, 2015 – Cannabis, Hemp & Legal Marijuana business appears to be one of the fastest-growing sector in the U.S. and if the growth and expansion toward legalization spreads to all 50 states, the sector could become larger than the organic food industry, according to a new report obtained by The Huffington Post.  Active companies in the industry with recent developments of importance are Surna Inc. (OTC: SRNA), Cherubim Interests Inc. (OTC: CHIT), Plandaí Biotechnology, Inc. (OTC: PLPL), Medical Marijuana, Inc.’s (OTC: MJNA), Hemp, Inc. (OTC: HEMP) and Pazoo, Inc. (OTC: PZOO).

The Torrance County Commission has given a green light to a pot-growing greenhouse near Abo.

Commissioners voted 2-1 in favor of upholding Planning and Zoning Director Steve Guetschow’s interpretation of the current zoning ordinance in reference to a decision that allowed a legal medical marijuana greenhouse operation on the Loma Parda subdivision near Abo.

The negative vote came from Commissioner Julia DuCharme, who said it appeared the operation is a commercial use and the zoning states that commercial uses are not allowed except on a case-by-case basis.

BOULDER, CO, Sep. 1, 2015 /PRNewswire/ -- Surna, Inc. (OTCQB: SRNA), a technology company that engineers state-of-the art equipment for controlled environment agriculture with special expertise in cannabis cultivation, announced today that its Board of Directors has appointed Stephen Keen as its President and Chief Executive Officer.

In 2007, with his extensive cultivation expertise, Keen founded Hydro Innovations to design and develop liquid cooled technologies for hobby cultivators.  Hydro Innovations was acquired by Surna in 2014, and since then, Keen has been Surna's Vice President of Research and Development, driving Surna's industry-leading innovation engine.

SMITHS FALLS, Ont. — Tweed Marijuana Inc. is reporting its first profitable quarter since receiving a federal licence to produce and sell medical cannabis.

The Ontario-based company, the first marijuana manufacturer in Canada to be publicly traded, earned a net profit of $1 million or two cents per share in the three months ended June 30. A year earlier, it had a net loss of $1.16 million or three cents per share.

Revenue for the first quarter of its financial year was $1.7 million, up 39 per cent from the previous quarter and nine times the less than $189,000 achieved a year ago, when commercial shipments began.