Vancouver marijuana dispensaries that did not submit a licence application last summer must close their doors “immediately”, the city has warned, or “be subject to enforcement action”.

“The City inspects these businesses regularly,” states an October 26 media release. “As with other businesses, the City will use a range of enforcement tools, including fines and legal action.”

That was included in an update on a licensing process that the city began last June with the adoption of a new legal framework for marijuana-related businesses.

Millionaire investor Kevin O’Leary says he sees “spectacular returns” from the legalization of marijuana, but won’t invest because his lawyers have advised him not to do so.

O’Leary told CTV News Channel he’s been researching legal marijuana industry for three years, and recently considered partnering with a hydroponics facility in Vermont but “just can’t take the risk.”

The campaign trail saw Justin Trudeau promise to legalize and regulate marijuana.

Now, with a Liberal majority, those in the medicinal pot industry are hoping Tudeau will turn his promise into a reality.

In Vernon, Selen Wong heads the online compassion club The Flower of Life. She's is excited to see what happens and what that will mean for her clients.

“For us, we are going to be able to provide access to legitimate medical cannabis users in a way that is even more safe and regulated than what is currently being provided,” says Wong.

However, for the clients of a downtown Vernon medical marijuana dispensary, there are a number of concerns they would like answered.

Vancouver, BC / TheNewswire / October 26 2015 - Enertopia Corporation (ENRT-OTCBB) (TOP-CSE) (the "Company" or "Enertopia") announces it has applied for patent protection of V-LoveTM with respect to claims involving lubrication, pH balance and the bioavailability of certain vitamins and minerals via absorption through the vaginal mucosal membrane.

Enertopia has filed a provisional patent application with the United States Patent and Trademark Office regarding its technology.

Friendlier laws on medical marijuana use in Canada are already drawing American investment north or the border, and the trend is likely to further ignite if the federal Liberals make good on their promise to allow recreational use of the drug.

Poseidon Asset Management, a San Francisco-based hedge fund focused squarely on the cannabis space, says it is considering boosting its Canadian holdings following Justin Trudeau's election win.

You're going to see a lot of U.S. marijuana companies listing on the Canadian exchanges up here
- Analyst Khurram Malik

"We have one core holding up there currently but we would love to expand that," says Morgan Paxhia, the hedge fund's founding partner and chief investor.

Vancouver marijuana dispensaries that did not submit a licence application last summer must close their doors “immediately”, the city has warned, or “be subject to enforcement action”.

“The City inspects these businesses regularly,” states an October 26 media release. “As with other businesses, the City will use a range of enforcement tools, including fines and legal action.”

That was included in an update on a licensing process that the city began last June with the adoption of a new legal framework for marijuana-related businesses.

TORONTO - Friendlier laws on medical marijuana use in Canada are already drawing American investment north or the border, and the trend is likely to further ignite if the federal Liberals make good on their promise to allow recreational use of the drug.

Poseidon Asset Management, a San Francisco-based hedge fund focused squarely on the cannabis space, says it is considering boosting its Canadian holdings following Justin Trudeau's election win.

"We have one core holding up there currently but we would love to expand that," says Morgan Paxhia, the hedge fund's founding partner and chief investor.

The current push to legalize marijuana is wrong-headed and dangerous, says a Canadian group that calls it a "human rights issue."

SAM Canada, the Canadian chapter of Smart Approaches to Marijuana, is looking to push back on the pro-marijuana crowd, founder Pamela McColl told the Sun.

McColl said the legalization, currently in talks, would be normalizing the use of marijuana instead of "dampening" its consumption.

"We consider it to be a public health risk, especially to children ... This is a human rights issue."

She added there hasn't been enough conversation between Canadians on marijuana use. It would have negative effects on productivity, educational system and health, McColl added.

Prime Minister-designate Justin Trudeau has promised to move to legalize marijuana possession/consumption, but has expressed reservations about cannabis being available at corner stores.

What has the U.S. experience of legalizing marijuana in Colorado and Washington state been and what would the executive director of the largest pro-marijuana legalizing organization in the U.S. (and Canada) recommend as the steps to take in the legalizing process?

Roy’s guest is Allen St. Pierre. He is the Executive director of NORML (National Organization for Reform of Marijuana Laws), in Washington D.C.

Canadian Olympic snowboarding champ Ross Rebagliati says he looks forward to the new Liberal government fulfilling its promise to legalize marijuana in Canada.

Rebagliati stopped by Aluminum Sound in Winnipeg on Friday afternoon to promote the Ross' Gold Glass product line, which includes glass water pipes, bubblers and a portable vaporizer.

He even showed off a 24-karat gold bong worth more than $24,000.

His visit to Winnipeg came as medical marijuana advocates and licensed producers express hope that prime minister-designate Justin Trudeau will fulfil his campaign promise to legalize pot.