Converts monoacylglycerides to free fatty acids and glycerol (  ). Hydrolyzes the endocannabinoid 2-arachidonoylglycerol, and thereby contributes to the regulation of endocannabinoid signaling, nociperception and perception of pain (  ). Regulates the levels of fatty acids that serve as signaling molecules and promote cancer cell migration, invasion and tumor growth .
Subcellular locations: Cytoplasm, Cytosol, Membrane
Detected in adipose tissue, lung, liver, kidney, brain and heart.