Archives: CannabisNewsWire

January 6, 2021 16:25:20

The Brexit transition period ended on Jan. 1, 2021, and with it, British children accessing prescriptions for medical marijuana also ended. In December 2020, the UK Department of Health and Social Care sent a letter to patient groups, clinics and stakeholders stating that once the transition period was over, prescriptions issued in the United Kingdom would not be honored by member states of the European Union.

This means that children who are severely epileptic and rely on medical marijuana will not be able to…

NOTE TO INVESTORS: The latest news and updates relating to CannAssist International Corp. (OTCQB: CNSC) are available in the company’s newsroom at https://cnw.fm/CNSC

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CannabisNewsBreaks – Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) Announces DTC Eligibility

January 6, 2021 14:28:19

Pac Roots (CSE: PACR) (OTCQB: PACRF) (“PacRoots”), dedicated to producing premium-quality strains and products by leveraging a genetics-focused approach, today announced that it has obtained eligibility with the Depository Trust Company “DTC” for its common shares listed on the OTCQB. The DTC is a stock depository that facilitates and simplifies electronic trading of securities in the United States. According to the update, Pac Roots common shares, listed on the OTCQB under the symbol PACRF, are now eligible for electronic clearing and settlement through DTC’s automated processes. The electronic method of clearing securities speeds up the receipt of stock and cash and accelerates the settlement process for certain investors. “This is an important step forward to increase trading volume and liquidity for Pac Roots common shares in the United States,” said Patrick Elliott, president of Pac Roots.

To view the full press release, visit https://cnw.fm/Diq3O

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 Pac Roots are available in the company’s newsroom at http://cnw.fm/PACR

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CannabisNewsBreaks – Sugarmade Inc. (SGMD) Issues Shareholder Letter on Expansion, Progress on Farm-to-Door Verticalization

January 6, 2021 13:24:06

Sugarmade (OTCQB: SGMD) today issued a letter to its shareholders as it continues to steer the company into what it hopes will be a leadership role in the rapidly growing cannabis marketplace as a vertically integrated farm-to-door solution for cannabis consumers. According to the update, 2020 was a landmark year for Sugarmade as it established, through its investment in Budcars, a distinct and increasingly vertical model for delivering top cannabis-based products to a growing marketplace. Sugarmade believes this marketplace remains under supplied and inconsistently accessible for consumers looking for reliable quality and greater convenience, and the company continues to expand its reach. In addition, Sugarmade continues to verticalize its model, creating a full farm-to-door structure intended to produce high-quality branded cannabis products positioned in a vertical in-house supply chain. “With our vertical vision coming together, our advantageous brand development positioning, and an increasingly promising macro context, we are very excited about the year in front of us,” SGMD CEO Jimmy Chan states in the letter.

To view the full press release, visit https://www.cnw.fm/GvZd8

About Sugarmade Inc.

Sugarmade is involved in two main business areas: (i) the supply of consumable products to the quick-service sub-sector of the restaurant industry, and as an importer of non-medical personal protection equipment to business and consumers, and (ii) as an investor in the Budcars licensed cannabis delivery service brand and as an equity owner in Budcars’ first operating location in Sacramento, California. During early 2020, the company gained a 40% stake in the Budcars and in the Sacramento delivery operations by acquiring a 40% stake in Indigo Dye Group (“Indigo”). Under the terms of the agreement with Indigo, Sugarmade acquired an option to purchase an additional 30% interest in Budcars, upon which will provide the company with a controlling interest. As of the date hereof, the option has not yet been exercised and the company’s stake in Budcars remains at 40%. For more information, visit www.Sugarmade.com.

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

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420 with CNW — 2021 Predictions for the Marijuana Industry

January 6, 2021 04:25:01

While the world crumbled under the weight of a worldwide pandemic and the worst economic crisis seen in more than a century, the cannabis industry escaped relatively unscathed. The sector broke sales records month over month, and by the end of the year, five additional states had approved cannabis legalization legislation while the House of Representatives had passed a bill to federally decriminalize cannabis. The year 2020 proved that cannabis could be quite resilient, especially in the face of a historic recession, and that a majority of Americans support cannabis legalization.

In 2021, we can expect additional federal medical cannabis reforms from Congress, such as…

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420 with CNW — Researchers Create Cannabis-Based, Anti-Aging Spray

January 5, 2021

January 5, 2021 16:25:54

Researchers have developed an anti-aging skin spray created from super-strength marijuana; the spray is said to be revolutionary.

Researchers at Dolce Cann Global, an Australian marijuana company, have created various cannabis strains comprised of a mix of cannabinoids with significantly stronger anti-inflammatory properties as compared to normal CBD.

Wellfully, a wellness company, has…

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420 with CNW — German Pharmacies Now Have Access to Medical Cannabis from Australia

January 5, 2021

January 5, 2021 04:25:31

Extracts and flowers of cannabis that were produced in Australia by two different companies are now available to the public in the medical marijuana market of Germany for the first time. The flower is cultivated by (ANTG) or the Australian Natural Therapeutics Group, which is based in New South Wales. The flower was imported and batch released by Cannamedical, a company based in Cologne, Germany.

It is under the Indica forte brand, owned by Cannamedical, that the company sells cannabis flowers and…

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420 with CNW — Legal Cannabis Cultivators Look Back on a Challenging 2020

January 4, 2021

January 4, 2021 16:25:05

The year 2020 will undoubtedly go down as one of the most challenging years legal cannabis cultivators have seen in recent times. A worldwide pandemic that claimed more than 1.5 million lives and brought the global economy to its knees coupled with wildfires and early freezes made 2020 a tough year for plenty of growers. With the nascent cannabis space already dealing with issues such as lack of access to banking services and a constantly changing regulatory environment, the landscape was already challenging for legal growers.

Despite these issues, the sector has generally seen increased sales, with cultivators reporting…

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CannabisNewsBreaks – MAZAKALI Highlights 2021’s Positioning as a Pivotal Year for the Cannabis Sector

January 4, 2021

January 4, 2021 15:00:14

MAZAKALI, the online platform for cannabis investments, recently discussed potential of the current cannabis industry in a GreenPaper(R) titled, “Cannabis 2021: Five Things To Watch.” The article reads, “For many, the 2020 lockdown experience was punctuated by Tiger King and The Queen’s Gambit, and also best viewed in hindsight. 2021 has arrived and is poised to be a pivotal year for the cannabis complex. The tailwinds of political support, ‘essential’ status, legalization in 70% of U.S. states, local government desire for tax revenue and increased public health focus are expected to drive a five-year 27% industry CAGR – making this industry one of the fastest growing in the world. A classic emerging market, it is likely that cannabis proves to be the best performing asset class this decade and also unlikely that any sector remains untouched by this plant as we continue our march toward global acceptance.”

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

About MAZAKALI

Headquartered in San Francisco, MAZAKALI offers its Digital Capital Investment Platform to the global cannabis complex. Registered Investment Advisors customize investment portfolios via MAZAKALI’s Outsourced Cannabis Investment Officer (“OCIO”) service, and licensed Investment Bankers help operators with capital and M&A services. MAZAKALI’s leadership team began putting cannabis capital to work in 2014 and brings over 150 years of financial, strategic, legal, compliance and international business experience to clients across the global hemp and non-hemp cannabis (“NHC”) industries.

The MAZAKALI GreenPaper(R) has gained authority through knowledge on deep trends in the industry that matter to investors and operators alike. Securities are offered via a licensed broker/dealer.

MAZAKALI was founded to counteract the negative consequences of business practices that deplete resources by making investments in sustainable hemp and non-hemp cannabis. By shepherding capital in a responsible and ethical manner, MAZAKALI and its clients envision a world where cannabis capital investment will play a significant role Beyond Impact.

For more information, visit www.MAZAKALI.com.

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420 with CNW — Maryland State Legislator Pre-Files Cannabis Legalization Bill

January 4, 2021

January 4, 2021 04:25:43

A Maryland legislator who is a lead proponent for cannabis reform in the House of Delegates has pre-filed a legalization bill that could lay the groundwork for the state’s legal cannabis industry. If it is passed, the bill would legalize and regulate marijuana, allow state licensed businesses to sell cannabis products, expunge past cannabis-related convictions and re-invest in communities that were disproportionately affected by the decades’ long war on drugs.

According to Del. Jazz Lewis, who pre-filed the cannabis legalization bill titled HB0032, his office is still working on…

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420 with CNW — Sales Data Shows Americans Spent 67% More on Cannabis This Year

December 31, 2020

December 31, 2020 16:25:13

Revenue and tax data acquired from different states shows that sales of adult-use and medical cannabis in the United States has grown by 67% this year, owing to the coronavirus pandemic and the subsequent lockdown that was implemented. The data shows that this year, Americans bought $17.9 billion worth of marijuana product, a significant increase from cannabis product sales last year, which totaled approximately $10.7 billion. Washington DC and 15 other states have legalized marijuana for use by adults while medical cannabis is legal in 37 states in the United States.

On the onset of the pandemic, many in the U.S. marijuana industry were worried that the industry would…

NOTE TO INVESTORS: The latest news and updates relating to Gage Cannabis Co. are available in the company’s newsroom at https://ibn.fm/GAGE

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CannabisNewsBreaks – The Alkaline Water Company Inc. (CSE: WTER) (NASDAQ: WTER) Is Set for Market Expansion Through Key Partnerships

December 31, 2020

December 31, 2020 14:41:01

The Alkaline Water Company (CSE: WTER) (NASDAQ: WTER), a producer of premium bottled alkaline and flavored-infused drinking waters and CBD-infused products, is set to expand into hospitality and foodservice sectors. As part of this effort, the company has entered into agreements with two strategic partners: Dot Foods Inc., the largest food redistribution company in the U.S., and the Independent Broker Alliance (“IBA”), a renowned professional alliance of 30 independent foodservice sales agencies. With these two agreements in place, WTER targets the entire hospitality and foodservice ecosystem, a very large addressable market. “Adding the largest foodservice redistributor, Dot Foods, to our growing list of channel partners is another milestone for the company,” said WTER president and CEO Richard Wright in a recent update. “Every year, Dot Foods sells millions of cases of beverages to its customers. This relationship will give us an entry into the hospitality industry, which we view as a significant opportunity for our growing lifestyle brands. There are over 600,000 restaurants and foodservice establishments that will now have access to our full line of products.”

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

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 eco-friendly 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 its 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 seven 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 includes both the company’s lab-tested, full-spectrum hemp salves, balms, lotions, essential oils and bath salts, along with broad-spectrum hemp beverage shots, powder packs, oil tinctures, capsules and gummies. To learn more about the company visit www.A88CBD.com and 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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420 with CNW — Cannabis Delivery Firms Thrive Despite COVID-19 by Implementing Models Used by Black Market

December 31, 2020

December 31, 2020 04:25:20

Arguably the biggest health crisis the world has seen in a century, the coronavirus pandemic has crippled industries around the world. However, while the tourism, business travel and hospitality sectors shouldered millions of job losses over the course of the year, the nascent cannabis industry has weathered the pandemic fairly well. In the United States, most states deemed the sector essential, allowing cannabis dispensaries to continue their operations, albeit with COVID-19 health measures in place, such as online ordering, curbside pick up and home deliveries.

Despite several states legalizing cannabis in various forms, the cannabis black market is still thriving, partly because it…

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420 with CNW — Case Report Shows CBD Oil Used with Other Medications Could Help Individuals Living with Batten Disease

December 30, 2020

December 30, 2020 16:25:12

A case report proposes that adding cannabis oil to conventional anti-seizure medications may be an effectual way to manage life-threatening seizures caused by status epilepticus that may need urgent medical treatment.

These findings support other reports and growing evidence that call attention to the anti-seizure effects that…

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CannabisNewsBreaks – Why Green Hygienics Holdings Inc. (GRYN) Is ‘One to Watch’

December 30, 2020

December 30, 2020 14:45:55

Green Hygienics Holdings (OTCQB: GRYN) (“GHH”) is focused on quality cultivation and processing of industrial hemp and manufacturing of pharmaceutical-grade bioactive cannabinoids. Based in California, the company aims to be a leader in the hemp and cannabinoid supply marketplace and leverage disruptive technologies to open a whole new world of novel cannabinoids and targeted bio-delivery. GHH is dedicated to creating the hemp industry’s safest and finest quality offerings, uniquely positioning the company to deliver product efficacy and supply chain solutions to consumers, as well as to leverage these within its own brand portfolio. A recent article discussing the company reads, “Green Hygienics is focused on finding, acquiring and developing strategically positioned businesses, as well as the best innovations within the hemp industry — a fast-progressing market with remarkable opportunities for growth. The industrial hemp market is expected to reach $5.33 billion in 2020 and is projected to rise to $15.26 billion by 2027, achieving a CAGR of 15.8%, per Grand View Research.”

To view the full article, visit https://cnw.fm/4V3eu

About Green Hygienics Holdings Inc.

Green Hygienic Holdings (“GHH”) 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. GHH’s mission is to adhere to the highest standards of operations in consistently delivering safe and premium-quality products to consumers as well as to partnering with CPG (consumer-packaged-goods) and pharmaceutical companies. Green Hygienic Holdings intends to be a leader in compliance and capabilities in the hemp and cannabinoid supply marketplace. Using state-of-the-art technologies, GHH intends to open a whole new world of novel cannabinoids and targeted bio-delivery technologies never before explored, solving the issues of stability, pharmacokinetics, biological tissue penetration, and bioavailability. The company is building a team of visionary agrotechnology, pharmaceutical and life scientists working at the intersection of nutraceutical, cosmeceutical and pharmaceutical technologies with a goal to improve lives. For more information, please 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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420 with CNW — Prominent Illinois Hemp Grower to Acquire Cannabis Cultivation License

December 30, 2020

December 30, 2020 04:25:08

As the coronavirus pandemic raged on, closing down thousands of businesses and confining folks to their homes for weeks, the cannabis industry chugged along. While several industries have been brought to their knees during the pandemic, medical and recreational cannabis dispensaries across the country have brought in millions of dollars in much-needed tax revenue. Now, a Toronto cannabis company that has been growing hemp in Illinois has announced that it signed an agreement to acquire the issued as well as outstanding shares of a marijuana company called Cannabis Capital Partners Inc.

With this acquisition, Red White & Bloom Brands Inc. will gain a cannabis cultivation license, two acres of land, the rights to purchase a…

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420 with CNW — No Action Taken Against Marijuana Businesses with Expiring Licenses, Says LA

December 29, 2020 16:25:51

Regulators in the cannabis industry of Los Angeles have provided no less than 57 firms with a lifeline, a few days after stating that the licensed businesses under consideration would not be permitted to carry out any commercial marijuana activity after Dec. 31 this year.

The Los Angeles Department of Cannabis Regulation (DCR) sent an email this week to those license holders stating that it would not…

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CannabisNewsBreaks – Gage Cannabis Co. Positioning to Capitalize in Top Market

December 29, 2020 13:28:19

Gage Cannabis is a leading vertically integrated operator in the cannabis industry focused exclusively on the Michigan market. The company is strengthening its presence to capitalize amid exploding growth, in which Michigan’s new recreational marijuana market is projected to reach — and exceed — $1 billion, second only to California (https://cnw.fm/6TnPU). A recent article discussing this reads, “The state’s burgeoning growth was one of the reasons Gage decided to set up shop in Michigan. Gage opened its first medical provisioning center (dispensary) in 2019, and the company now has 13 medical or adult-use locations in operation or planned. Additional locations are slated to open in 2021. Gage’s current portfolio features 19 Class C cultivation licenses across four cultivation assets and three processing licenses.”

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

About Gage Cannabis Co.

Gage Cannabis is a premium adult-use cannabis retailer in Ayer, Massachusetts with a mission to provide customers with a diverse selection of the best cannabis and cannabis-infused products available in Massachusetts. For more information about the company, visit www.GageCannabisCo.com.

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

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Gage Cannabis Co. Announces $20 Million Investment from JW Asset Management as Reg A Offering Closes the General Public Access

December 29, 2020 12:43:13

Gage Cannabis secures minimum $20 million investment from JWAM to expand cultivation and retail footprint, pursue accretive acquisitions, and solidify position as leading operator in the state of Michigan
JW Asset Management is widely recognized as one of the premier investors in the cannabis sector
In just over a year, Gage operations have grown to five provisioning centers, three cultivation facilities, and one processing facility

As general public access for its Regulation A, Tier 2, equity financing closed, Gage Cannabis Co. announced that it has secured a minimum $20 million investment from JW Asset Management LLC (“JWAM”) as part of the offering (https://cnw.fm/Xt8hn). Gage intends to use the funds to accelerate the expansion of its retail and cultivation footprint, pursue accretive acquisitions, and help position and solidify the company as the leading cannabis operator in the state of Michigan.

“JW Asset Management is widely recognized as one of the premier investors in the cannabis sector,” said Gage President Fabian Monaco…

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

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420 with CNW — Growing Budget Deficit Could Force New York to Legalize Recreational Cannabis

December 29, 2020 04:25:29

In the last two years, the debate over the legalization of cannabis for adult use has dragged on in New York State. However, this may take a turn for the better next year as the state’s legislature goes back to Albany, despite the Democrats being divided on various aspects on the issue, which may make negotiations a tad bit difficult.

The main concern seems to be how the state will utilize the revenue generated from the recreational-use cannabis industry. According to forecasts from…

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420 with CNW — Medical Marijuana Firm Sues Miami Beach Over ‘Unfair Restrictions’

December 28, 2020

December 28, 2020 16:25:18

Since 2019, a Florida-based medical marijuana company has waged a legal war against the city of Miami over what it considers unfair restrictions. In three separate lawsuits, Altmed is suing the city to overturn restrictions on the location of cannabis dispensaries and to open a dispensary named Müv at 607 Fifth Street near Washington Avenue. Additionally, Altmed has petitioned a Miami-Dade Circuit Court appellate panel to have a city board’s denial of a variance to get its building permit overturned.

Altmed submitted a building permit application in November 2018, holding regular meetings between its contractors and…

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420 with CNW — Retailers Reveal Shortage of Legal Marijuana in B.C. Is Promoting Illicit Trade

December 28, 2020

December 28, 2020 04:25:04

According to the British Columbia provincial government, the municipalities of Hope, Whistler, Abbotsford, West Vancouver, Richmond, Surrey, Delta, Pitt Meadows, Coquitlam, and Burnaby as well as the city of Langley still do not provide local access to cannabis, despite cannabis being legalized in those areas two years ago.

The lack of storefronts to legally access marijuana encourages the cannabis black market in these areas. Municipalities have the power to…

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420 with CNW — DEA Releases Final Rule on Authorizing Additional Producers of Research-Grade Cannabis

December 23, 2020 16:25:08

In the United States, researchers who want to study the benefits and side effects of cannabis can obtain the crop from only one source: a single federally licensed cultivation facility at the University of Mississippi. However, there have been numerous complaints that the crop produced by the facility is substandard, with studies finding it to be more genetically similar to hemp than commercial cannabis. Additionally, further studies have found that the cannabis cultivated at the University of Mississippi has lower levels of both THC and CBD compared to commercial cannabis products.

In March 2020, the Drug Enforcement Administration (DEA) announced a rule change that would…

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CannabisNewsBreaks – Pure Extracts Technologies Corp. (CSE: PULL) Looks to Play ‘Pivotal Role’ in Supply Chain

December 23, 2020 14:13:05

Pure Extracts (CSE: PULL), a plant-based extraction company focused on cannabis, hemp and functional mushroom sectors, recently began trading on the Canadian Securities Exchange (“CSE”) under the symbol “PULL.” Pure Extracts leverages proprietary CO2 extraction methodology to obtain full-spectrum oil (“FSO”) from cannabis and hemp biomass. “We are pleased to have listed on the Canadian Securities Exchange as a significant first step towards Pure Extracts’ continual expansion within the emerging extraction space,” said Pure Extracts’ CEO Ben Nikolaevsky in a recent update. “There currently is a tremendous opportunity for growth in consumer natural health products, for which we plan on playing a pivotal role within the supply chain mechanism by providing full spectrum oil products for the cannabis, hemp and functional mushroom space.”

To view the full article, visit https://cnw.fm/w682m

About Pure Extracts Technologies Corp.

Pure Extracts was incorporated under the BCBCA and has its offices and operations in Pemberton, British Columbia. On September 25, 2020, Pure Extracts was granted its Standard Processing License by Health Canada under the Cannabis Act. On November 5, 2020, Pure Extracts began trading on the CSE under the symbol “PULL.” Pure Extracts is undertaking the operations of toll processing, white labelling, and developing its own private label of products incorporating its full spectrum THC and CBD based extracted oils. Additionally, Pure Extracts is presently expanding its business to include functional mushrooms extraction by working on processes compatible with its existing infrastructure. Pure Extracts has a C02 extraction facility built to European Union GMP standards and intends to seek EU GMP certification of its operations allowing it to export its products for sale in Europe where such products are legal. For more information, visit the company’s website at www.PureExtractsCorp.com.

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

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Green Hygienics Holdings Inc. (GRYN) Is ‘One to Watch’

December 23, 2020 13:37:26

Green Hygienics owns the largest single USDA Certified Organic hemp farm in North America, with 824 acres of USDA Certified Organic outdoor cultivation potential and a further 400,000 square feet of greenhouse space. Green Hygienics is a real estate-backed investment with a valuation on the current farm property of $23 million
The company has strong revenue growth potential by virtue of its acreage and ability to deliver products year-around through its indoor cultivation space (the average hemp farm in North America is approximately 15 acres). This, coupled with the direction the company is going with its own processing, directly addresses the need for a safe, secure supply chain solution for its target market – the nutraceutical, medical and pharmaceutical industries
GRYN is a fully audited and SEC reporting company for full transparency
GRYN is operated and managed by seasoned professionals with more than 200 years of direct collective experience of executing in this sector
The company has a unique business model within the industry, putting it on a path to targeting the underserved nutraceutical, medical and pharmaceutical industries while addressing safety and efficacy issues

Green Hygienics Holdings (OTCQB: GRYN) 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 aims to be a leader in compliance and capabilities in the hemp and cannabinoid supply marketplace. By leveraging state of the art technologies, the company intends to open up a whole new world of novel cannabinoids and…

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420 with CNW — Factors to Keep in Mind Before Starting a Marijuana Dispensary

December 23, 2020 04:25:22

If you have plans to start a business that deals with hemp products or cannabis, you should first look into the limitations, processes and rules involved. The business may have a promising future as various states in the United States have legalized the use of marijuana, with many hoping that others follow suit.

In addition to ensuring that you have obtained the permits and licenses required, there are a few more…

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420 with CNW — Senate Approves Cannabis Research Bill

December 22, 2020

December 22, 2020 16:25:30

Cannabis has been having a great year compared to other industries. As one of the few industries considered essential during the coronavirus pandemic, cannabis has shown to be surprisingly recession-proof, bringing in millions of dollars in much-needed tax revenue. In addition, voters in five states approved some form of cannabis reform legislation on the November ballot, and shortly after that, the House of Representatives passed a historic cannabis legalization bill that would decriminalize marijuana at the federal level and expunge marijuana-related offenses.

Just a week after the House approved the marijuana reform policy, the Senate approved a bipartisan bill designed to…

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420 with CNW — Is White Labeling the Way to Go for Small Cannabis Growers?

December 22, 2020

December 22, 2020 04:25:24

The nascent cannabis industry is undoubtedly profitable, with the global marijuana market projected to be worth $73.6 billion by 2027; however, it is also high risk. Firms looking to cash in on cannabis’s immense popularity often have to spend large amounts of money and time building cultivation and manufacturing facilities, securing the required licenses, and building a brand — all with no guaranteed return. While plenty of cannabis companies can weather the risk and build a successful brand all on their own, some have opted for a less risky and costly route: white labeling.

A common practice among mainstream businesses, white labeling refers to when a product is…

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420 with CNW — Cannabis Possession Decriminalized in Northern Ireland

December 21, 2020

December 21, 2020 16:25:27

Individuals who are caught with marijuana for personal use in Northern Ireland will not be prosecuted or have a criminal record and will instead be dealt with under the adult-caution system, which was established more than a decade ago. However, this only applies to individuals who haven’t been caught repeatedly with personal-use marijuana or people who have not been caught with bigger marijuana shipments.

Among the four new offenses added to the adult-caution scheme include the…

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CannabisNewsBreaks – CannAssist International Corporation’s (CNSC) Xceptol Brand Available via Innovative Distribution Portal – RangeMe

December 21, 2020

December 21, 2020 12:20:05

CannAssist (OTCQB: CNSC) today announced approval of its Xceptol brand on the distribution website RangeMe. According to the update, RangeMe added Xceptol drops and capsules to the Xceptol pain cream products already available, bringing the number of Xceptol SKUs on the platform to 10. Additional SKUs will be added in the first quarter of 2021. RangeMe’s broad network creates a significant new revenue source for CannAssist International. “This is exciting news for us on many fronts; a process estimated to take weeks was accomplished in a few days – a testament, I feel, to the quality of the Xceptol brand,” said CannAssist CEO Mark Palumbo. “Also gratifying is being included on the RangeMe website, a significant portal for major retailers to find products for their customers.”

To view the full press release, visit https://cnw.fm/wwwm2

About CannAssist International Corporation

CannAssist, the parent company of Xceptor Labs, produces and sells its CiBiDinol technology, formulated using a proprietary process developed by the company’s founder, Mark Palumbo. Research and development aimed at enhancing the bioavailability of oil-soluble molecules resulted in the company’s CiBiDinol technology. CiBiDinol is the driving force behind CannAssist’s Xceptol brand of consumable and topical products. Possessing a National Drug Code (“NDC”), the highest quality ingredients and the game-changing CiBiDinol, Xceptol Pain Cream is a CBD product with industry defining reliability and compliance. CannAssist believes Xceptol represents the next step for CBD products. CBD is a non-psychoactive compound found in hemp. View the company’s products on RangeMe, an online platform that enables retail buyers to efficiently discover consumer-ready, innovative and emerging products while empowering suppliers to manage and grow their brands with the tools, insights and services they need. For more information, visit the company’s website at www.CannAssistInternational.com.

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

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420 with CNW — Medical Cannabis Tours to Be Held in Various Thai Provinces

December 21, 2020

December 21, 2020 04:25:55

The Public Health and the Tourism and Sports ministries have laid the foundation that will be used to begin the first medical cannabis tour in Southeast Asia come 2021. The country’s tourism and sports minister Phiphat Ratchakitprakarn explained that the tour’s objective was to grow awareness of cannabis and its medicinal properties as well as to inform individuals who are interested in cultivating the plant about the legislations.

Various provinces with plantations that may be part of the tour include…

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420 with CNW — Poll Suggests Democrats Could Have Enjoyed Bigger Wins if They Embraced Marijuana Reforms

December 18, 2020

December 18, 2020 16:25:51

After four years with a Republican president at the helm, the Democratic Party’s Joe Biden was elected as the 46th president of the United States. Despite clinching the top seat, however, the Democrats suffered significant congressional and state election losses, losing ground in the Senate and barely holding on to the House majority. According to a slew of new surveys, Election Day could have gone much better for the party had it been more progressive in its thinking.

A survey of 1,375 likely voters in 13 districts where the Democrats either underperformed or lost concluded that they…

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420 with CNW — Supreme Court in Mexico Extends Cannabis Legalization Deadline

December 18, 2020

December 18, 2020 04:25:45

Back in 2018, Mexico’s Supreme Court concluded in two separate rulings that the country’s ban on recreational cannabis was illegal. Mexican law states that once the chambers of the Supreme Court come to a similar ruling on a subject matter five times, the ruling becomes a binding precedent to other judges in the country. As such, the government would have to amend any policies that were not in line with the Supreme Court’s ruling on recreational cannabis consumption, which are now considered unconstitutional, within 90 days.

More than two years later, the Mexico Supreme Court has agreed to…

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420 with CNW — Research Discovery Suggests CBD Topical Creams May Alleviate Chronic Back Pain

December 17, 2020

December 17, 2020 16:25:27

Did you know that lower back pain is a leading cause of disability in the world? Lower back pain can range from acute to chronic, and affects individuals of all ages, from the elderly to children. It is estimated that nearly 540 million individuals in the world are affected by lower back pain.

Chronic back pain affects individuals from all socio-economic statuses and backgrounds. However, in recent years, middle-income and…

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CannabisNewsBreaks – Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) to ‘Launch into 2021 with Various Exciting Projects’

December 17, 2020

December 17, 2020 11:35:33

Pac Roots (CSE: PACR) (OTCQB: PACRF) (“PacRoots”), dedicated to producing premium-quality strains and products by leveraging a genetics-focused approach, today announced an update for its first successful 100-acre pilot outdoor hemp CBD harvest. According to the update, the harvest yielded a quality much higher than the company’s expectations, and a yield of over 105,000 lbs in total biomass was prepared for sale and processing to Speakeasy Cannabis Club (CSE: EASY). “We are very proud of our team and partners at Rock Creek Farms who have been committed to the vision and dedicated to achieving success,” said Pac Roots president and CEO Patrick Elliott. “In light of some unusual weather extremes, the team was able to react quickly and minimize crop loss from the early freezing temperatures experienced during the harvest. The JV is fortunate to have recovered as much tonnage as was realized under the circumstances that culminated at other farms in the Province. PacRoots and our partners are thrilled to build on this success as we launch into 2021 with various exciting projects.”

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

About Pac Roots Cannabis Corp.

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420 with CNW — Arizona Regulators Publish Draft Rules for Recreational Cannabis Industry

December 17, 2020

December 17, 2020 04:25:26

Cannabis was one of the clear winners in the November 2020 ballot, with voters in five states approving legislation that allowed some form of cannabis use. Arizona was one of those states. Before to the elections, the traditionally red state had some of the most punitive cannabis policies in the country, with possession of even small amounts of marijuana classified as a felony. On Election Day, Arizonians voted overwhelmingly in favor of Proposition 207, a measure that would allow adults to possess a maximum of one ounce of marijuana as well as grow a maximum of six plants at a time for personal use.

A month later, state regulators have already released draft regulations to implement and run…

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420 with CNW — Research Finds CBD Oil Can Prolong Shelf Life of Strawberries

December 16, 2020 16:25:08

A recent study tested the effects of CBD oil in preserving strawberries after they’ve been harvested. Test results discovered that CBD oil was effective in helping maintain the strawberries’ visual appearance, helping them to stay fresher for longer. The study, which was conducted by researchers from the University of South Florida, will be published in the “Postharvest Biology and Technology” journal.

In the study, researchers explain that the microbial load and visual quality of the strawberries were…

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CannabisNewsBreaks – Why CannAssist International Corporation (CNSC) Is ‘One to Watch’

December 16, 2020 14:32:36

CannAssist (OTCQB: CNSC), owner of Xceptor Labs, is a biotechnological pharmaceutical and wellness company. Established in May 2017, CannAssist is headquartered in San Diego County, California, and markets its consumer line of cannabidiol (“CBD”) products under the Xceptol brand. A recent article discussing the company reads, “Xceptor Labs’ technology, CiBiDinol, is formulated using a proprietary process developed by CNSC founder Mark Palumbo. It is specifically designed to address many critical issues with oil-soluble CBD molecules, including delivery, bioavailability and short shelf-life. This technology provides the basis for Xceptor Labs and Xceptol consumer products.”

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

About CannAssist International Corporation

CannAssist produces and sells its cannabidiol (“CBD”) product, “CiBiDinol,” which is formulated based on a proprietary process developed by its founder Mark Palumbo. CBD is a non-psychoactive compound found in hemp. CannAssist’s research and development work dramatically enhanced the bioavailability of desired molecular structures, resulting in the creation of a line of CBD products, most notably its CBD product, CiBiDinol. CiBiDinol is available as a raw material and is also the foundation of CannAssist’s line of consumer products under its Xceptol brand available as topicals and ingestibles at www.Xceptol.com. For more information, visit the company’s website at www.CannAssistInternational.com.

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

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CannabisNewsBreaks – Willow Biosciences Inc. (TSX: WLLW) (OTCQX: CANSF) Announces Progress in Commercialization Plan with Initial Product Expected in Q1 2021

December 16, 2020 11:41:49

Willow Biosciences (TSX: WLLW) (OTCQX: CANSF) has contracted with a leading manufacturer to produce its first cannabinoid, cannabigerol (“CBG”); the first production run is slated for early 2021 and will result in commercial quantities of Willow’s ultra-pure CBG. The product will be manufactured in Europe. In addition, Willow announced plans to run a second 500-litre pilot this month in order to meet demand for customer samples and streamline the production process. These announcements mark significant progress for the company in its strategic commercialization plan. Based on progress so far, the company noted that it anticipates seeing revenue generated from this commercialization as early as Q2 2021, which is six months ahead of expectations. “Advancing to commercial-scale production is the final step in our transition to becoming a revenue generating company,” said Willow president and CEO Trevor Peters in the press release. “Our ability to begin this important milestone ahead of expectations is a testament to our exceptional scientific and commercially minded team. We are seeing strong interest in our CBG samples and are working closely to understand the needs of potential customers. Once our commercial scale multi-kilogram run is complete, Willow will be uniquely positioned to take advantage of what many industry experts are projecting to be a multi-billion dollar market.”

To view the full press release, visit https://www.cnw.fm/by0sZ

About Willow Biosciences Inc.

Willow is a Canadian biotechnology company based in Vancouver, British Columbia , that produces high-purity, plant-derived compounds that provide building blocks for the global pharmaceutical, health and wellness, and consumer packaged goods industries. Willow’s current focus is on the production of cannabinoids for the treatment for pain, anxiety, obesity and brain disorders, among other significant indications. Willow’s science team has a proven track record of developing manufacturing technologies for high-purity compounds in pain and cancer treatments. Willow’s manufacturing process creates a consistent, scalable and sustainable product that allows for the discovery and development of new life changing drugs. For more information about the company, please visit www.WillowBio.com.

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420 with CNW — Federal Employees Still Banned from Consuming Cannabis Despite State-Level Enabling Laws

December 16, 2020 04:25:04

Cannabis has been having a good run for the past couple of years. As public perception towards the cannabis has changed, several states have allowed cannabis use in various forms, culminating in the November 2020 ballot, which saw five additional states legalize either recreational or medical marijuana. However, federal employees are still subject to drug testing for controlled substances, including cannabis, the Substance Abuse and Mental Health Services Administration (SAMHSA) has warned.

With the recent slew of state-level legislation allowing cannabis use in various forms, some federal employees may assume they are…

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420 with CNW — Forecasts Indicate That Europe Will Experience Huge Growth in Medical Cannabis Sector

December 15, 2020

December 15, 2020 16:25:59

According to the European Cannabis 2020 report, Britain’s medical marijuana market will experience a 98% compound annual growth rate between the years 2020 to 2025 if general practitioners and domestic cultivation is allowed.

Projections show that this year, the marijuana market in Europe will reach…

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CannabisNewsBreaks – Gage Cannabis Co. on Rapid Growth Trajectory, Looks to Cultivate Additional Opportunity in Michigan

December 15, 2020

December 15, 2020 16:00:29

Gage Cannabis, a premium adult-use cannabis retailer, is set to capitalize on stunning growth of the Michigan industry. Ever since recreational use was legalized in 2018, Michigan has become one of the fastest-growing legal cannabis markets in the United States in terms of consumption. In fact, state authorities have recently projected recreational marijuana sales to be worth nearly $1 billion per annum in 2021 with revenues set to reach over $1.5 billion by 2023 (https://www.cnw.fm/rAUw9). An article discussing the company’s positioning amid this budding market reads, “Gage Cannabis has witnessed a rapid growth trajectory since its inception, having opened its first medical provisioning center (dispensary) in the state of Michigan in 2019. Since then, the company has seen its retail footprint expand to five medical or adult-use locations, with plans to operate 20+ locations by the end of 2021. Gage Cannabis has simultaneously sought to complement its retail distribution network with a swiftly expanding cultivation operation—one which has focused on producing small-batch, indoor-grown, and hand-trimmed plants designed to ensure that every gram of cannabis sold is of the highest quality.”

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

About Gage Cannabis Co.

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420 with CNW — Mexican Legislators Request Another Deadline Extension for Cannabis Legalization

December 15, 2020

December 15, 2020 04:25:56

Despite the Mexican Senate having approved marijuana legislation in November, Chamber of Deputies legislators agreed to ask for the deadline to be extended from Mexico’s Supreme Court earlier this week.

Earlier in 2018, the court had ruled that it was unconstitutional to prohibit the personal use of and the…

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420 with CNW — NBA Announces No Testing for Cannabis Next Season

December 14, 2020

December 14, 2020 16:25:00

The coronavirus pandemic disrupted everything from manufacturing and retail to education and sporting events. But while thousands of institutions shut down in the wake of the pandemic, some indefinitely, the NBA resumed the 2019–2020 season under a special arrangement. The National Basketball Association (NBA) created an isolation zone at Walt Disney World in Florida, with the teams playing behind closed doors and being tested for COVID 19 every other day.

While the players were in the Orlando “Bubble,” the NBA and the National Basketball Players Association (NBPA) temporarily suspended random…

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420 with CNW — Feds Seek Help in Understanding Whether Kratom, Cannabis Can Treat Pain

December 14, 2020

December 14, 2020 04:25:57

As the short- and long-term effects of continued opioid use have become more apparent, people have started experimenting with safer alternatives. Cannabis and kratom, a tropical evergreen tree in the coffee family, have emerged as promising candidates. Cannabis has long been used as a medicine to treat everything from chronic pain to stress and anxiety. Leaves and leaf extracts from kratom, which is legal in the United States, have been used as a stimulant and sedative, and the natural substance has also been reported to be effective at treating chronic pain.

A federal health agency is now conducting a review of studies into cannabis’s and kratom’s alleged pain-relieving abilities to see if the two could be used to treat chronic…

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420 with CNW — Recreational Cannabis Legalization Advocates in Nebraska Aim for 2022

December 11, 2020

December 11, 2020 16:25:32

A group that was campaigning for the medical cannabis initiative on the November ballot in Nebraska is now planning to seek a vote on legalizing the use of recreational cannabis in the state. While their earlier initiative was unsuccessful, officials with Nebraskans for Medical Marijuana stated recently that in January 2021 they would be introducing the ballot language for the full adult use of cannabis. This would include both recreational and medical use.

Adam Morfeld and Anna Wishart, advocates of the initiative, stated that they…

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420 with CNW — Congress to Vote on Cannabis Research Bill

December 11, 2020

December 11, 2020 04:25:11

The House of Representatives will be voting on a federal cannabis reform measure this month. The bill will allow researchers to study marijuana from businesses in the state that are legal, which promotes research into cannabis.

This comes after the chamber passed a bill to legalize cannabis federally last week, with members now focusing on the…

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420 with CNW — Activists Resume Push to Legalize Recreational Cannabis in Florida

December 10, 2020

December 10, 2020 16:25:18

In January of this year, activists behind the Make It Legal Florida campaign announced that they would postpone their pursuit of cannabis legalization in the state until 2022. The campaign had raised and spent more than $8 million, ultimately collecting 555,000 valid signatures. However, this was more than 200,000 signatures shy of the required 766,000 signatures, and the marijuana legalization initiative did not make it to the September ballot.

Make it Legal Florida has now resumed its bid to place a cannabis legalization initiative on…

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420 with CNW — Gov. Murphy and NJ Lawmakers Agree on Terms of Cannabis Legalization

December 10, 2020

December 10, 2020 04:25:23

Drug reform was one of the major winners at the November ballot in many states. Five states voted to legalize cannabis in some form or the other, with voters in Oregon going as far as decriminalizing all drugs. In New Jersey, voters were asked a single question: whether they approved the legalization of cannabis for adults aged 21 years and over, and they agreed en masse.

Unlike most cannabis reform initiatives, New Jersey Public Question 1 does not launch a legal cannabis industry. Instead, it tasked the…

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420 with CNW — Cannabis May Help Alleviate Your Phobias

December 9, 2020

December 9, 2020 16:25:28

It may be conceivable that everyone has a phobia; some are small while others can be crippling. Remember Ron Weasley and his phobia of spiders? While some people are only slightly fazed by their phobias, which are defined as irrational fears, others are significantly impacted by them, going as far as to avoid doing certain things or going to specific places because of them.

According to the National Institute of Mental Health, nearly 19 million individuals in the United States have a…

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420 with CNW — Congress Passes Bill Decriminalizing Marijuana

December 9, 2020

December 9, 2020 04:25:19

After decades of prohibition and harsh anti-cannabis policing, the House of Representatives has passed landmark legislation that would decriminalize cannabis federally. The Marijuana Opportunity Reinvestment and Expungement (MORE) Act, which was introduced by House Judiciary Committee Chair Jerrold Nadler last July, seeks to repair some of the damage caused by the decades-long war on drugs. The bill would delete marijuana from the Schedule I Class of controlled substances in addition to expunging the records of those with prior nonviolent, cannabis-linked convictions.

In the House, the bill ultimately passed along party lines, with…

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420 with CNW — How to Select a Delivery Service for Your Medical Marijuana

December 8, 2020 16:25:34

Delivery services have proliferated during the coronavirus pandemic as a result of the many restrictions imposed in a bid to contain the deadly virus. Marijuana delivery has not been left behind, with the substance becoming more accessible in many parts of the country. However, because this service is a little difficult to maneuver and new to the industry, there are a few things to consider when choosing a delivery service that works for you, while keeping laws on marijuana delivery in mind.

Determine if they accept debit/credit cards

While some states may limit marijuana sales to cash, delivery services where…

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CannabisNewsBreaks – Gage Cannabis Co. Executive Chairman Discusses Milestones, Record-Breaking Sales, Near-Term Goals in Audio Interview

December 8, 2020 12:06:25

Gage Cannabis Co., a leading vertically integrated operator in the cannabis industry, today announced that its Executive Chairman Bruce Linton was featured in an exclusive audio interview with NetworkNewsWire (“NNW”), a financial news and content distribution company and one of 50+ brands in the InvestorBrandNetwork (“IBN”). During the interview, Linton provided an update on the company’s recent milestones, its record-breaking cannabis sales in Michigan, as well as its near-term goals that include an IPO planned for 2021. “We found that Michigan is doing more than $100 million a month in cannabis, so the medical and recreational opportunity is there to take a bigger market share,” Linton said in the interview. “We have good locations with great products, so we’ll continue that climb.”

To view the full press release, visit https://cnw.fm/0W5Lj

About Gage Cannabis Co.

Gage Cannabis is innovating and curating the highest quality cannabis experiences possible for cannabis consumers in the state of Michigan and bringing internationally renowned brands to market. Through years of progressive industry experience, the firm’s founding partners have successfully built and grown operations with federal and state licenses, including cultivation, processing and retail locations. Gage’s portfolio includes city and state approvals for 19 “Class C” cultivation licenses, three processing licenses and 13 provisioning centers (dispensaries). For more information, visit the company’s website at www.GageUSA.com.

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CannabisNewsBreaks – Pac Roots Cannabis Corp. (CSE: PACR) CEO Discusses Milestones, Focus on Genetics in Exclusive Interview

December 8, 2020 11:11:02

Pac Roots (CSE: PACR) (“PacRoots”), dedicated to producing premium-quality strains and products by leveraging a genetics-focused approach, today announced that its president and CEO, Patrick Elliott, was featured in an exclusive audio interview with NetworkNewsWire (“NNW”), a financial news and content distribution company and one of 50+ brands in the InvestorBrandNetwork (“IBN”). During the interview, Elliott discussed the company’s devotion to cannabis genetics as well as milestones Pac Roots has achieved since it began trading earlier this year. “The company is built on genetics. We believe genetics are paramount, and we deploy these into our own projects and also lean on strategic partners with good infrastructure – land, equipment and access to more land – to subsidize costs,” Elliott said.

To view the full press release, visit https://cnw.fm/o0hy4

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 a 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 its first year of trading. For more information, visit the company’s website at www.PacRoots.ca.

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420 with CNW — Which States Could Pass Marijuana Legalization in 2021?

December 8, 2020 04:25:41

The success of ballot measures in New Jersey and Arizona last month that saw the legalization of recreational cannabis could have set in motion a wave that may see nearby states also giving the nod to adult-use marijuana.

Pennsylvania, New York, Maryland, Connecticut and New Mexico are some of the states that could be spurred on to pass recreational cannabis laws or ballot measures soon due to…

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420 with CNW — UN Votes to Remove Marijuana from Schedule IV Drug Classification

December 7, 2020

December 7, 2020 16:25:16

The United Nations Commission on Narcotic Drugs held a vote last week that focused on a few WHO recommendations associated with marijuana. One of these recommended that medical marijuana be taken off the Single Convention on Narcotic Drugs (1961) Schedule IV list. The list contains other drugs such as fentanyl, cocaine and heroin.

The FDA has a similar drug schedule that classifies various drugs into different groups based on their…

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420 with CNW — Groundbreaking Study Finds CBD Doesn’t Cause Driver Impairment While THC’s Impact Fades Quickly

December 7, 2020

December 7, 2020 04:25:58

A landmark study has found that cannabidiol (CBD) doesn’t trigger driver impairment when taken in small doses while the impairment caused by THC fizzles out in just a matter of hours.

The researchers based at Sydney University in Australia concluded that when drivers consume small amounts of…

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420 with CNW — State Officials in California Announce Great Cannabis Sales

December 4, 2020 16:25:46

Recent data on cannabis sales in the state of California shows that sales have been doing well despite the pandemic situation. The California Legislative Analyst’s Office (LAO) released a report this week noting that sales figures recorded during summer and revised numbers from 2019 show that the market has grown. This trend has also been observed in various states that have legalized marijuana such as Oregon and Illinois.

LAO estimates that the state of California gathered nearly $41 million of cannabis cultivation fees and…

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CannabisNewsBreaks – Gage Cannabis Co. Positioning Amid Exploding Demand for Adult-Use Products

December 4, 2020 13:43:23

Gage Cannabis is strengthening its position as Michigan’s leading high-quality craft cannabis brand and operator. With a commitment to build the fastest-growing cannabis brand in the state, Gage recently began offering recreational marijuana at its Lansing, Michigan location (https://cnw.fm/sTIMB). “We are thrilled to start offering recreational sales to more customers within the Lansing area,” said Gage Cannabis Co. president Fabian Monaco. “The demand for adult-use products has exploded in the past year, and we are ready and eager to meet those needs. We have received an overwhelmingly positive response from medical patients about our products and retail experience, and we look forward to providing the same level of service and product selection to our new community of recreational customers.”

To view the full article, visit https://cnw.fm/041TH

About Gage Cannabis Co.

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CannabisNewsBreaks – Marijuana Company of America, Inc. (MCOA), Cannabis Global (CBGL) Issue Joint Shareholder Letter

December 4, 2020 12:23:07

Marijuana Company of America (OTCQB: MCOA), based in Escondido, California and focused on cannabidiol (“CBD”) products, together with Cannabis Global Inc. (OTC: CBGL), an innovation-oriented company investing in disruptive cannabis and hemp-related technologies, on Thursday issued a joint letter to shareholders. Recently, the companies entered into an agreement wherein each became the largest shareholder of the other. As a result, CBGL owns 650 million shares of MCOA and MCOA owns just over 7.2 million shares of CBGL. The transaction intends to promote the growing common interests and collaborations between the two pioneering cannabis and CBD operations. The update reads, “Both companies have recently enhanced their programs to maximize shareholder value. MCOA is aggressively overhauling its marketing strategy, rapidly expanding its product line’s geographic reach, and revamping its capital and debt structures. The two companies have agreed to collaborate in several areas, including expanding product offerings in Europe and Latin America and developing Cannabis Global’s Project Varin designed to discover and market new methods to infuse hemp extracts and cannabis into food, beverages, and other consumer products.”

To view the full press release, visit https://cnw.fm/4Stme

About Marijuana Company of America Inc.

MCOA is a corporation that participates in: (1) product research and development of legal hemp-based consumer products under the brand name hempSMART(TM), which targets general health and well-being; (2) an affiliate marketing and retail sales program to promote and sell its legal hemp-based consumer products containing CBD; (3) joint ventures and acquisitions of business entities engaged in the growth and sale of hemp and cannabis products in jurisdictions where cultivation is legal; and (4) the expansion of its business into ancillary areas as market opportunities in this segment mature and develop. For more information, visit www.MarijuanaCompanyofAmerica.com.

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

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CannabisNewsBreaks – CannAssist International Corporation’s (CNSC) Reg. A Offering Capital to Boost Continued Brand Expansion, Benchmarks

December 4, 2020 11:58:44

CannAssist (OTCQB: CNSC), a unique, enhanced cannabidiol (“CBD”) company, recently announced SEC approval of its Reg. A+ Tier 2 Filing as of Oct. 13, 2020, and an opportunity for investors to purchase shares at a set price stated in filing. “CannAssist International is building digital platforms, implementing a Brand PR and Sales/Marketing Campaign, expanding distribution, building inventory and enhancing the Xceptol brand,” said CannAssist’s CEO and Founder Mark Palumbo. “Gaining approval for the CNSC Reg A offering is an exciting milestone for us as it opens doors for new investors. The capital will help CannAssist’s continued expansion of the brand and help us reach our corporate benchmarks in order to help as many as possible through our unique technology.”

To view the full press release, visit https://cnw.fm/g8BIt

About CannAssist International Corporation

CannAssist produces and sells its cannabidiol (“CBD”) product, “Cibidinol,” which is formulated based on a proprietary process developed by its founder Mark Palumbo. CBD is a non-psychoactive compound found in hemp. CannAssist’s initial research and development work, aimed at enhancing the bioavailability of desired molecular structures, resulted in the creation of a line of CBD products, most notably its CBD product, Cibidinol. Cibidinol will be available in a line of consumable and topical products that the company believes will make enhanced CBD products more available and accessible to consumers. For more information, visit the company’s website at www.CannAssistInternational.com.

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

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CannAssist International Corp. (CNSC) Is ‘One to Watch’

December 4, 2020 10:35:52

In July 2020, CannAssist International became among the first U.S.-based CBD companies to have its securities listed for trading onto a U.S. public capital market
Xceptor Labs uses proprietary technology to create CBD products that it believes have better absorption than currently marketed oil-based products
The company currently has five creams that utilize ingredients with National Drug Codes that are registered with the FDA
The company’s Xceptol line of topical pain cream products, formulated using its proprietary CiBiDinol technology, was launched in September 2020. The company has since added capsules and, very soon, tinctures and pet drops
The company’s marketing structure for Xceptol includes social media campaigns featuring celebrities and former athletes represented through Freedman Sports Promotional Relations
CannAssist is currently targeting North America, Central America, South America, South Africa, the EU, the UK and the Philippines as viable product markets
Strategic partnerships have already collaborated in sourcing, manufacturing, processing, laboratory, distribution, public relations and legal representation
The global market for cannabidiol is expanding steadily and is forecast to reach $23.6 billion in 2025

CannAssist International (OTCQB: CNSC), owner of Xceptor Labs, is a biotechnological pharmaceutical and wellness company marketing the Xceptol consumer brand.

CannAssist, a Delaware corporation, was established in May 2017 and is headquartered in…

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

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Safe Harbor for Forward-Looking Statements

Forward-looking statements are inherently subject to risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements, including, without limitation, the following: the timing and nature of any capital raising transactions; the Company’s ability to offer products and services for use by customers in existing and new markets; the Company’s ability to deliver in a timely fashion and to its customers’ satisfaction the products purchased; the risk of competition; its ability to find, recruit and retain personnel with knowledge and experience in selling products and services in existing and new markets; its ability to manage growth; and general market, economic and business conditions. Additional factors that could cause actual results to differ materially from those anticipated by the Company’s forward-looking statements are under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in its Annual Report on Form 10-K for the fiscal year 2019 and its subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, all filed with the Securities and Exchange Commission. Forward-looking statements are made as of the date hereof, and the Company expressly disclaim any obligation or undertaking to update forward-looking statements.

CannabisNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) Issues Update on Portfolio Companies

December 4, 2020 09:48:42

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, on Thursday provided an update on three portfolio companies: TerrAscend, YSS and Dynaleo. “Over the past month, our portfolio companies have made several announcements that demonstrate their continued momentum and growth in their respective markets,” said Canopy Rivers’ Narbe Alexandrian. “We believe that this growth is a testament to the theses behind these investments, and we look forward to seeing their progress continue into 2021.”

To view the full press release, visit https://cnw.fm/GvYv9

About Canopy Rivers Inc.

Canopy Rivers is a venture capital firm specializing in cannabis with a portfolio of 18 companies across various segments of the cannabis value chain. The company believes that bringing together people, capital and ideas raises the potential of the entire cannabis industry. By leveraging industry insights, in-house expertise and thesis-driven approach to investing, Canopy Rivers aims to provide shareholders exposure to specialized and disruptive cannabis companies. Canopy Rivers’ mission is to invest in innovators across the cannabis value chain, help them grow, and ultimately create value by guiding these companies towards a monetization event. Together with its portfolio, the company is helping build the cannabis industry of tomorrow, today. For more information, visit www.CanopyRivers.com.

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

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420 with CNW — NJ Court Tells Marijuana Regulators to Revise Licensing System

December 4, 2020 04:25:50

In December 2018, the New Jersey Department of Health issued six new medical cannabis licenses, effectively doubling the state’s medical-marijuana program. Gov. Phil Murphy had called for the expansion of New Jersey’s medical cannabis program, resulting in the addition of 20,000 medical cannabis patients. The six vertically integrated dispensaries were meant to beef up the state’s supply of high-quality marijuana as existing dispensaries were struggling to meet the increased demand.

However, a group of seven applicants whose license applications were rejected sued the state, arguing that…

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420 with CNW — How the South Dakota Criminal Justice Sector Could Be Impacted after Cannabis Legalization

December 3, 2020 16:25:15

Drug reform was one of the biggest winners of the November ballot. Several states legalized either recreational or medical cannabis, with Oregon going a step further and decriminalizing all drugs. In South Dakota, voters approved two cannabis ballot initiatives: Amendment A, a constitutional amendment that will allow people aged 21 and older to possess and distribute up to an ounce of cannabis, and Measure 26, a medical cannabis initiative that would allow patients with debilitating conditions to possess and purchase up to three ounces of cannabis from a licensed dispensary.

The measure to legalize recreational use will become law on July 1 with the state’s Department of Revenue being tasked with…

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CannabisNewsBreaks – CannAssist International Corporation (CNSC) Commences Trading on the OTCQB

December 3, 2020 13:28:02

CannAssist (OTCQB: CNSC), a unique, enhanced cannabidiol (“CBD”) company, recently commenced trading on the OTC Markets Platform – OTCQB Markets Tier. “Our Team has been working diligently for years to get to where we are now. Third party testing has revealed that our proprietary process used in our products can facilitate enhanced absorbency of CBD and aid in promoting connections with the endocannabinoid receptors that exist within all humans,” said CannAssist CEO and Founder Mark Palumbo. “We are very excited to get to launch our new enhanced CBD product, ‘Xceptol’ and assist as many as possible.”

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

About CannAssist International Corporation

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

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CannabisNewsBreaks – Sugarmade Inc. (SGMD) Set to Drive ‘Strong Margins Up and Down the Chain’

December 3, 2020 12:45:38

Sugarmade (OTCQB: SGMD), a leading, multidivisional/multiproduct/multisector supply company, recently secured rights to a property zoned for cannabis cultivation. The company is well on its way to benefit from this move, already in the process of obtaining cannabis cultivation licensing, preparing archaeological and biological surveys, and assembling documentation related to the architectural and engineering plans for construction of greenhouses and a processing building. “We believe we have all of the strategic pieces in place to capitalize on cultivation, with the market currently chronically undersupplied,” said Sugarmade CEO Jimmy Chan in a recent update. “We also have relationships in place, especially through our BudCars investment, to hit the ground running on the branded products side, driving strong margins up and down the chain.”

To view the full article, visit https://cnw.fm/2k5uT

About Sugarmade Inc.

Sugarmade is a product and branding marketing company investing in operations and technologies with disruptive potential. More information on Sugarmade can be accessed at: www.Sugarmade.com. Sugarmade sees opportunities in business operations that combine the best areas of on-demand consumer distribution with certain areas of synergistic manufacturing and packaging to create a business model that capitalizes on the many changes in the cannabis industry. The company has made agreements with several market participants, which will be announced in 2020. The company views these opportunities as scalable and capable of producing strong revenue growth.

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

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420 with CNW — Researchers Develop Saliva Test for Marijuana to Detect Impaired Drivers