Marijuana is illegal under federal drug laws. But voters in Oregon, Alaska and Washington, D.C., approved ballot measures Tuesday to legalize the recreational use of marijuana, joining Washington state and Colorado. And in more than a dozen other states, medical marijuana is available.
The growing availability of legal pot opens the door for Tulsa-based Palm Beach Vapors to market a method for producing a cannabis oil product that can be inhaled through a common e-cigarette, according to CEO and co-founder Chip Paul.
“This is a wave that’s kind of sweeping the nation,” said Paul, whose company is looking to patent the method and has already signed licensing deals in California and Colorado for what it calls the M-System. He said he intends to set up franchise locations in other states.