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420 with CNW — Study Finds That Cannabis Legalization Boosts Home Property Values

July 27, 2021

July 27, 2021 15:25:57

Research conducted by Clever Real Estate has found that the presence of marijuana dispensaries and the legalization of marijuana helps grow home property values. The real estate service company used data from the U.S. Census and Zillow, as well as other sources for the study, which discovered that between 2017 and 2019, the value of homes increased by more than $6,000 in states where cannabis is legal in some form. This is in comparison to home values in states that haven’t legalized cannabis.

The increase in value may be driven by the tax revenues generated from the regulation and legalization of marijuana. The company found that this revenue was commonly invested into things such as infrastructure and public services, which significantly increased…

CannabisNewsBreaks – Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Announces Q1 2021 Financial Results

July 27, 2021

July 27, 2021 14:19:05

Red White & Bloom Brands (CSE: RWB) (OTCQX: RWBYF), a multistate cannabis operator and house of premium brands, today announced its 2021 first quarter financial results and subsequent events. “This was another great quarter for the company as we continued to see strong traction for our brands,” said Brad Rogers, RWB’s chairman & CEO. “We are building on that momentum and working towards finalizing our revised asset purchase of our Michigan investee to bring their revenue, as well as adjusted sales into IFRS revenue format before the end of this current quarter. Once complete, and the expansion of our Florida operations come on stream, we can finally report in our quarterly results the strength of what we have built and accomplished thus far.”

To view the full press release, visit https://cnw.fm/egQMZ

About Red White & Bloom Brands Inc.

The company is positioning itself to be one of the top three multistate cannabis operators active in the U.S. legal cannabis and hemp sector. RWB is predominantly focusing its investments on the major U.S. markets, including Michigan, Illinois, Massachusetts, Arizona and California with respect to cannabis, and the U.S. and internationally for hemp-based CBD products. For more information about the company, visit www.RedWhiteBloom.com.

NOTE TO INVESTORS: The latest news and updates relating to RWBYF are available in the company’s newsroom at https://cnw.fm/RWBYF

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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Flora Growth Corp. (NASDAQ: FLGC) Is ‘One to Watch’

July 27, 2021

July 27, 2021 12:16:04

Flora Growth is uniquely positioned to achieve revenue growth, with a balance sheet supported by two successful financings and the recent launch of multiple operating divisions
The company boasts a robust M&A pipeline featuring strategic targets with near-term revenue growth opportunities and global distribution channels
Flora Growth is led by an exceptional management team featuring cannabis, CPG, and capital markets experts who have raised more than $3 billion in combined public financings
The company’s brand portfolio features 280+ products, 70+ medical and cosmetic licenses, and 2,500+ points of distribution across Latin America and the U.S.
Flora Growth has a healthy balance sheet with minimal debt; the company reported a cash balance of $25.3 million with long-term debt of just $0.7 million as of April 19, 2021
The company’s all-natural, outdoor cultivation operations allow for production costs below $0.06 per gram – roughly 60% lower than its closest peer

Flora Growth (NASDAQ: FLGC) is an internationally focused cannabis brand builder that leverages natural, cost-effective cultivation practices to supply cannabis derivatives to its diverse business divisions, including cosmetics, hemp textiles, and food and beverage. Flora Growth operates one of the largest outdoor cultivation facilities in the world with an aim of marketing a higher-quality premium product at below-market prices. By prioritizing natural ingredients and value-chain sustainability across its portfolio, the company creates premium products that help consumers restore and thrive.

Flora Growth completed the first traditional cannabis IPO on Nasdaq in May 2021. Although currently headquartered in Toronto, Ontario, with plans to relocate its head office to Miami, Florida, the company’s…

The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER) Finalizes Distribution Agreement with Largest Food Retailer in the Mid-Atlantic

July 27, 2021

July 27, 2021 12:15:10

WTER’s distribution agreement calls for Giant Food to carry select WTER Alkaline88(R) and A88 Infused(R) offerings
The distributor will offer WTER beverages in all 164 locations.
Giant Food serves market of 60 million people with over $5 billion in sales.

In an move illustrative of its continued commitment to expansion and growth, The Alkaline Water Company (NASDAQ: WTER) (CSE: WTER) announced that it has partnered with Giant Food, the largest food retailer in the Mid-Atlantic region. The distribution agreement calls for Giant Food to carry select WTER Alkaline88 and A88 Infused offerings in all locations.

“This is our biggest win to date in the Mid-Atlantic region,” said WTER president and CEO Ricky Wright. “Giant Food is the largest retailer in that market of 60 million people with over $5 billion in…

Lexaria Bioscience Corp. (NASDAQ: LEXX) Completes VIRAL-A20-3 Pharmacokinetic Study on DehydraTECH(TM) Enabled Colchicine

July 27, 2021

July 27, 2021 12:10:52

The study indicated enhanced delivery of colchicine using the company’s proprietary DehydraTECH(TM) technology
Lexaria collaborates with the National Research Council (“NRC”), Canada’s leading research and technology organization
The company has 20 patents granted and over 50 pending patents in over 40 countries around the world
The global market for advanced drug delivery systems was valued at $231 billion in 2020 and is expected to grow to $310 billion by 2025

Lexaria Bioscience (NASDAQ: LEXX), a global innovator in drug delivery platforms, recently announced that the tolerability and pharmacokinetic study entitled VIRAL-A20-3 was completed and yielded positive results. The study demonstrated that administration of colchicine using the company’s proprietary DehydraTECH(TM), formulation and processing, resulted in increased delivery, according to a company press release (https://cnw.fm/p34g7).

Colchicine is an approved therapeutic with anti-inflammatory effects primarily used to treat gout and cardiac conditions such as pericarditis. It was the latest of several drugs Lexaria tested with known SARS-CoV-2/COVID-19 antiviral properties after it showed potent effects in mitigating…

CannabisNewsBreaks – Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) Is Frontrunner in Search for Elusive Prize

July 27, 2021

July 27, 2021 11:07:16

Pac Roots (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) is well equipped to pursue – and achieve – the quest for consistency and customization that offers value for money to recreational cannabis users. “The company’s unique partnership with Phenome One, recognized as one of Canada’s largest live genetic libraries, allows Pac Roots to focus on selective breeding and preservation,” reads a recent article. “That key partnership, which enables Pac Roots to optimize the genetic makeup of its cannabis plants as well as develop unique strains featuring a variety of beneficial characteristics, established the company as a frontrunner in the search for what the New York Times called an elusive prize: ‘a predictable, reliable product.’ With Phenome One in its corner, along with existing infrastructure, equipment and access to land as well as aligned brands, Pac Roots is ideally positioned to preserve the excellence of its elite strains while also introducing the highest quality strains.”

To view the full article, visit https://cnw.fm/zVJ9E

About Pac Roots Cannabis Corp.

Pac Roots is the future of genetics. By focusing on elite cannabis genetic development, the company maximizes the quality of its products by keeping yields and profit margins high. Pac Roots subsidizes costs with several strategic partners: Phenome One, one of the largest live genetic libraries in Canada composed of over 350+ live cultivars, as well as its JV partnership with Rock Creek Farms and Speakeasy Cannabis Club, leveraging existing infrastructure, equipment and access to land on a 100-acre hemp project. This combination has the company positioned to be cash-flow positive within their first year of trading. For more information about the company, visit www.PacRoots.ca.

NOTE TO INVESTORS: The latest news and updates relating to PACR are available in the company’s newsroom at http://cnw.fm/PACR

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CannabisNewsBreaks – Green Hygienics Holdings Inc. (GRYN) Names New Senior VP of Global Sales and Business Development

July 27, 2021

July 27, 2021 09:21:00

Green Hygienics (OTCQB: GRYN) has appointed a new senior vice president. David Racz, a seasoned pharmaceutical executive, has been named senior VP of global sales and business development for the innovative, tech-driven company. Racz has garnered extensive experience in the both the pharma and cannabis sectors, having served in global, senior-level positions with well-known pharmaceutical companies including Pfizer, GlaxoSmithKline and Novartis. At Pfizer, he was vice president of sales and human resources, overseeing the largest expansion in Pfizer’s sales force in history. At SmithKline Beecham, he managed more than 4,000 sales, marketing and R&D employees, who were located in 20 countries throughout Asia, Latin America, Australia, and South Africa. He was also a member of the team that coordinated and managed the transcontinental merger of SmithKline and Beecham. At Novartis, he supervised strategy and resource allocation for the $8 billion health-care company and managed 14,000 global employees. He entered the cannabis market in 2008 when he worked with legislative bodies in Colorado to develop the state’s medical cannabis laws, and starting in 2011, he led a team that applied for and acquired six cannabinoid-related patents, discovered two cannabis chemical structures, built a cannabis DNA library with more than 4,000 different strains and oversaw the early advancement of cannabis genetic engineering for application in large-scale production.

To view the full press release, visit https://cnw.fm/MRPHi

About Green Hygienics Holdings Inc.

Green Hygienics is a California-based innovative, technology-driven enterprise focused on the high-standard cultivation and processing of industrial hemp and manufacturing of pharmaceutical-grade bioactive cannabinoids. The company’s corporate mission is to adhere to the highest standards of operations in consistently delivering safe and premium-quality products to consumers as well as to partner with consumer packaged goods (“CPG”) and pharmaceutical companies. For more information about the company, visit www.GreenHygienics.com.

NOTE TO INVESTORS: The latest news and updates relating to GRYN are available in the company’s newsroom at http://cnw.fm/GRYN

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CannabisNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) to Partner with Avaria to Bring Award-Winning KaLaya Brand to LATAM Distribution Network

July 27, 2021

July 27, 2021 09:06:03

Flora Growth Corp. (NASDAQ: FLGC), an all-outdoor cultivator and manufacturer of global cannabis products and brands, today announced its entry into a non-binding letter of intent (“LOI”) to form a joint venture (“JV”) with Avaria Inc. Canadian-based Avaria is the manufacturer and owner of KaLaya — an award-winning pain cream distributed across Canada. Through the JV, Flora Growth will manage registration, sales and distribution of KaLaya products in Colombia, Mexico, and other LATAM countries, while Avaria will supply finished product. Flora Growth and Avaria will equally divide the profits from the sale of KaLaya products under the JV, increasing the value of Flora’s existing distribution channels. “We are very excited to partner with Avaria to bring their established, award-winning KaLaya brand to our LATAM distribution network. We believe the product will receive a similarly strong reception as it has in Canada,” said Flora Growth CEO and President Luis Merchan. “Moving forward, Flora Lab will work with the Avaria team to produce CBD-infused versions of KaLaya products for distribution across LATAM as well as export into the United States. Given CBD’s association with wellness, KaLaya’s established formulation, and Flora Growth’s low-cost high-quality cannabis, this is a natural partnership we are excited to bring globally.”

To view the full press release, visit https://cnw.fm/vgKPw

About Flora Growth Corp.

Flora is a cannabis company that leverages natural, cost-effective cultivation practices to supply cannabis derivatives to its diverse business divisions of cosmetics, hemp textiles, and food and beverage. As the operator of one of the largest outdoor cultivation facilities, Flora strives to market a higher-quality premium product at below market prices. By prioritizing natural ingredients and value-chain sustainability across its portfolio, Flora creates premium products that help consumers restore and thrive. Visit www.FloraGrowth.ca or follow @floragrowthcorp on social for more information.

NOTE TO INVESTORS: The latest news and updates relating to FLGC are available in the company’s newsroom at https://cnw.fm/FLGC

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CannabisNewsBreaks – Grapefruit USA Inc. (GPFT) Shares Insta Message from ELove: ‘Best Thing on the Market’

July 27, 2021

July 27, 2021 08:57:38

Grapefruit USA (OTCQB: GPFT), a premiere California-based cannabis and hemp company, and its flagship product, Hourglass THC+CBD Patchless Patch Topical Cream, has received an Instagram endorsement from Grammy Award-winning writer, producer and director Damien Matthias, known as ELove. ELove has performed and co-produced with LL Cool J, one of Def Jams Records’ first artists. He also played a key role in launching the careers of Tupac Shakur and John Forte of the Fugees and was integrally involved in the pre-internet marketing team of Def Jam Records, one of the most successful independent labels of all time. “Hourglass, the best thing on the market. You have any kind of discomfort, this right here is filled with CBD, and it actually works. Best thing on the market, no doubt,” said ELove in the Instagram post.

To view the full message, visit https://cnw.fm/tLidf

About Grapefruit USA Inc.

Grapefruit’s corporate headquarters is in Westwood, Los Angeles, California. Grapefruit holds California permits and licenses to both manufacture and distribute cannabis products in the Golden State. Grapefruit’s extraction laboratory and manufacturing and distribution facilities are located in the industry-recognized Coachillin’ Industrial Cultivation and Ancillary Canna-Business Park in Desert Hot Springs, California. To find out more about the company, please visit www.GrapefruitBlvd.com.

NOTE TO INVESTORS: The latest news and updates relating to GPFT are available in the company’s newsroom at https://cnw.fm/GPFT

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420 with CNW — US Surgeon General Calls for End to Marijuana-Related Incarcerations

July 27, 2021

July 27, 2021 03:25:52

The war on drugs, which was launched with the noble aim of curbing drug use and defunding criminal enterprises behind the illicit drug trade, is an unmitigated failure. Tens of millions of people have been arrested and incarcerated over the past four decades, breaking up families, ruining lives and leaving the United States with the largest prison population in the world. Minorities, specifically communities of color, bore the brunt of the drug war, and they are still victim to intense policing and harsh sentencing due to drug policies.

Drug reform activists have long been advocating for the end of cannabis-related incarcerations, especially as more states have legalized either medical or recreational cannabis, and the U.S. Surgeon General is of the same opinion. Surgeon General Dr. Vivek Murthy, while talking about a federal marijuana legalization bill circulated by Senate Majority Leader Chuck Schumer, said…

420 with CNW — Three Tips for New Medical Cannabis Patients

July 26, 2021

July 26, 2021 15:25:57

Research has found that medical marijuana possesses therapeutic benefits, and with more states across the country legalizing the use of medical marijuana in alleviating and managing symptoms of various indications, it is important to acquaint yourself with what this means for you, especially if you qualify to use medical cannabis.

Most, if not all the states that have legalized its medical use, stipulate that a prescription should be given by a qualified doctor, which helps ensure that the use…

CannabisNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Positioned to Benefit from Revised Colombian Regulations, Is Covered by Argus Research Report

July 26, 2021

July 26, 2021 10:57:15

Flora Growth (NASDAQ: FLGC), an all-outdoor cultivator and manufacturer of cannabis-derived products and brands, has announced that new Colombian regulations allow the company to increase revenue both long and short term. The regulations also enhance the company’s global supply chain of premium brands and products, and expand economics both domestically and abroad. The changes were made when the president of Colombia accepted and signed into effect revisions to existing Colombian cannabis laws. Revisions now allow for the sale and export of raw cannabis materials, including dried flower, to international markets. In addition, Colombian cultivators are now positioned to be leading suppliers to the global cannabis market. The revised regulations also permit the manufacturing, sale and export of ingestible cannabinoid products in Colombia, providing near-term revenue potential for Flora’s Kasa Wholefoods division. “This legislative update immediately accelerates Flora’s ability to generate revenue through the sale of our cannabis flower to international markets, as noted by our first international supply agreement. Having the ability to export our high-margin, high-quality cannabis flower – in addition to selling cannabinoid ingestible products – will meaningfully impact our growth and revenue generation,” Flora Growth Chief Revenue Officer Jason Warnock stated in the news release. “We are very excited to leverage our existing product portfolio and distribution channels to quickly deliver these new products to Colombians and our international partners.”

In addition, Argus Research, an independent investment research firm, released an Equity Research Report coverage on Flora Growth. The report noted that FLGC leverages cost-effective cannabis cultivation in Colombia and supplies cannabis as well as its derivatives for an expanding range of products, including cosmetics, pharmaceuticals, food and beverages, and hemp-based textiles. The report noted that FLGC’s Colombian cultivation operation benefits from favorable weather and produces harvest year-round, with costs lower than other Colombian producers. “In our view, Flora Growth is well positioned to participate in a global cannabis market that BDS Analytics projects will reach $56 billion by 2026, up from $21 billion in 2020,” the report states.

To view the full research report, visit https://cnw.fm/QDrbM

To view the full press releases, visit https://cnw.fm/el5Cj and https://cnw.fm/UCzYf

About Flora Growth Corp.

Flora Growth is a cannabis company that leverages natural, cost-effective cultivation practices to supply cannabis derivatives to its diverse business divisions of cosmetics, hemp textiles, and food and beverage. As the operator of one of the largest outdoor cultivation facilities, Flora strives to market a higher-quality premium product at below market prices. By prioritizing natural ingredients and value-chain sustainability across its portfolio, Flora creates premium products that help consumers restore and thrive. For more information about the company, please visit www.FloraGr o wth.ca.

NOTE TO INVESTORS: The latest news and updates relating to FLGC are available in the company’s newsroom at https://cnw.fm/FLGC

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CannabisNewsBreaks – Grapefruit USA Inc. (GPFT) Pioneering Future-Looking Ideals and Products

July 26, 2021

July 26, 2021 10:37:09

Grapefruit USA (OTCQB: GPFT), a fully licensed premier manufacturer and distributor in the legal cannabis marketplace, is committed to being an industry leader by using science and technology to create truly disruptive products for both the recreational and medicinal cannabis marketplace. GPFT recently announced that it is accepting cryptocurrency as payment for its full-spectrum THC Hourglass time-release technology-powered products through its newly launched e-commerce platform, joining other leaders in the cannabis space in paving the way. A recent article reads, “Grapefruit is building a well-earned reputation for pioneering future-looking ideals and products. The company’s flagship product features cutting-edge science and technology that solves the age-old problem of THC and other cannabinoids not being easily absorbed through the skin. Grapefruit’s Hourglass topical cream uses patented micro-sized particles to slowly deliver THC and a wide range of cannabinoids through skin topical administration. No other topical cream product in the market provides users with the holistic benefits of the range of cannabinoids found in Hourglass, including THC+CBD, CBN, CBG, Delta8, THCV and CBE.”

To view the full article, visit https://cnw.fm/Z7C8D

About Grapefruit USA Inc.

NOTE TO INVESTORS: The latest news and updates relating to GPFT are available in the company’s newsroom at https://cnw.fm/GPFT

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CannabisNewsBreaks – Golden Triangle Ventures Inc. (GTVH) Following Passion in Electronic Music Industry

July 26, 2021

July 26, 2021 10:15:01

Golden Triangle Ventures (OTC: GTVH) and its subsidiary Lavish Entertainment completed the acquisition of Syndicate Bass Records LLC, a label collection curated by individuals who strongly believe in the impact of the bass music scene around the world. The move enables GTVH to debut its own experimental bass music record label. Commenting on the acquisition, Golden Triangle Ventures vice president Malachi Farrow, who also serves as Syndicate Bass Records CEO, said, “We are excited to follow our passion in the electronic music industry. . . . Everyone on our team has been in the bass music scene searching for the most unique sounds and talents available in the market, and it’s an honor to be a part of something we’ve been so deeply involved in for years.” In addition to the Syndicate Bass acquisition, Lavish Entertainment announced that it had formed a partnership with Dan Dailey, aka CVPTVGON, a renowned bass music producer, to assist with an array of exciting upcoming projects. A recent article reads, “This partnership will help drive the forward trajectory of the entire business and provide a significant value to the company label releases, bookings and other projects that will be disclosed in the months ahead.”

To view the full article, visit https://cnw.fm/14lUf

About Golden Triangle Ventures Inc.

Golden Triangle Ventures is a multifaceted consulting company pursuing ventures in the health, entertainment and technology industries, with many additional projects being developed that provide synergistic values to these divisions. The company aims to purchase, acquire and/or joint venture with established entities that management can help assist and develop into unique opportunities. Additionally, GTVH provides a professional corporate representation service to different companies in these sectors while consulting on a variety of business development objectives. The goods and services represented are driven by innovators who have passion and commitment to these marketplaces. The company plans to utilize relationships and create a platform for new and existing businesses to strengthen their products and/or services. The three points of the Golden Triangle exclusively represent these three sectors in which the company aims to do business. For more information, visit the company’s website at www.GoldenTriangleInc.com.

NOTE TO INVESTORS: The latest news and updates relating to GTVH are available in the company’s newsroom at https://cnw.fm/GTVH

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CannabisNewsBreaks – The Alkaline Water Company Inc. (CSE: WTER) (NASDAQ: WTER) Stands Distinct in Water Provision

July 26, 2021

July 26, 2021 09:56:00

The Alkaline Water Company (CSE: WTER) (NASDAQ: WTER), the country’s largest independent alkaline water company, recently announced plans to join the Russell Microcap(R) Index. “Russell Indexes are part of FTSE Russell, a leading index provider known for providing critical, innovative benchmarking, analytics and data solutions for investors around the world,” reads a recent article. “Along with membership in the Russell Microcap Index comes automatic inclusion in other appropriate growth and value style indexes. Membership in those indexes is determined by FTSE Russell based on objective, market-capitalization rankings, and style attributes. The Alkaline Water Company’s inclusion in the indexes is clear evidence of its success in building a strong, successful beverage portfolio that includes Alkaline88(R), A88 Infused(R) and A88CBD(TM). The company is dedicated to purity, quality, value and taste, and is focused on making a difference in the water people drink.”

To view the full article, visit https://cnw.fm/eNZ7z

About The Alkaline Water Company

Founded in 2012, The Alkaline Water Company is headquartered in Scottsdale, Arizona. Its flagship product, Alkaline88(R), is a leading premier alkaline water brand available in bulk and single-serve sizes along with ecofriendly aluminum packaging options. With its innovative, state-of-the-art proprietary electrolysis process, Alkaline88 delivers perfect 8.8 pH-balanced alkaline drinking water with trace minerals and electrolytes and boasts WTER’s trademarked label: Clean Beverage. Quickly being recognized as a growing lifestyle brand, Alkaline88 launched A88 Infused(TM) in 2019 to meet consumer demand for flavor-infused products. A88 Infused flavored water is available in six unique, all-natural flavors, with new flavors coming soon. Additionally, in 2020, the company launched A88 Infused Beverage Division Inc., which includes the company’s CBD water and flavor-infused water. For the company’s topical and ingestible offerings, A88 Infused Products Inc. includes the company’s lab-tested, hemp-extract salves, balms, lotions, essential oils, bath salts, powder packs, oil tinctures, capsules and gummies. To purchase Alkaline88 and A88 Flavor Infused products online, visit www.Alkaline88.com. To learn more about the company, visit www.TheAlkalineWaterCo.com.

NOTE TO INVESTORS: The latest news and updates relating to WTER are available in the company’s newsroom at http://cnw.fm/WTER

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