Archives: CannabisNewsWire

August 18, 2020 15:28:38

Despite being illegal at the federal level, the state-legal cannabis industry has come quite a long way. As people shy away from pharmaceuticals and look towards more natural alternatives, more and more funds are being invested in researching marijuana and its effect on the human body. Next month, a documentary from Mad Machine Films will offer an in-depth look into the modern science behind cannabis, from the trailblazing scientists who pioneered cannabis research to all the lives that have been changed by the curative power of cannabinoids.

Directed by David Jakubovic, the film will be available in North America via multiple viewing platforms on August 25. It will feature various leaders of the medical cannabis movement, ranging from scientists and activists to patients. This includes Steve DeAngelo, the co-founder of Harborside Health Center in Oakland, one of the first and the largest…

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CannabisNewsBreaks – Sugarmade Inc.’s (SGMD) BudCars Top Exec Talk Expansion, Strategy on Leading Nationwide Radio Show

August 18, 2020 11:36:19

Sugarmade (OTCQB: SGMD), a leading, multidivisional/multiproduct/multisector supply company, and its BudCars Cannabis Delivery Service was featured on Cannabis Talk 101, a top radio talk show. During the Aug. 14, 2020, program, BudCars CEO Clinton Walker discussed the upcoming opening of BudCars’ newest hub in Los Angeles. In his interview with the show’s four hosts, Walker also shared the company’s strategic plans to expand throughout California and noted the significant impact the company’s partnership with Sugarmade has had on growth and success in the past few months. Apple Podcast notes calls Cannabis Talk 101 the “world’s #1 source for everything cannabis”; the show is passionately focused on educating, advocating and defending members of the cannabis community

To listen to the show, visit http://cnw.fm/eCtbM

To view the full press release, visit http://cnw.fm/tZerr.

About Sugarmade Inc.

Sugarmade is a product and branding marketing company investing in operations and technologies with disruptive potential. SGMD 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. For more information, visit the company’s website at www.Sugarmade.com.

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

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MediPharm Labs (TSX: LABS) (OTCQX: MEDIF) Featured in Virtual Coverage of Benzinga’s Cannabis Capital Conference

August 18, 2020 08:46:49

MediPharm Labs (TSX: LABS) (OTCQX: MEDIF) brings a pharmaceutical perspective to the cannabis industry, working to internationally recognized pharma-quality standards which result in products that are pure, trusted and precisely doseable for patients and end consumers. MediPharm Labs specializes in the creation and formulation of bulk active pharmaceutical ingredients (API’s) as well as the sale of white-labeled formulated finished products to a wide range of corporate partners in addition to its own proprietary, MediPharm Labs-branded products. MediPharm is currently working on the production of 60 different products and supplying API’s to clients in Australia, Europe, North America as well as the Asia-Pacific region.

Keith Strachan, President and Co-Founder at MediPharm Labs, will be participating in a Fireside Chat together with Tony Noto, Cannabis Editor at Benzinga.

To learn more about MediPharm Labs, visit https://www.medipharmlabs.com/

For registration information and further details on Benzinga’s Cannabis Capital Conference, visit https://www.benzinga.com/events/cannabis/detroit/

About InvestorBrandNetwork’s Virtual Coverage

The InvestorBrandNetwork (“IBN”), a multifaceted financial news and publishing company, covers dozens of investor conferences and online events as part of its ongoing service to the investment community. In addition to enabling proficient evaluation of each company via one-click access to market research tools and helpful website links, IBN utilizes social media and syndicated articles to maximize the visibility of each featured session.

For more than a decade, IBN has provided real-time coverage for numerous global events and conferences through its various brands, social media accounts and investment newsletters. To further expand visibility of participating companies at these events, and to ensure another successful year for its many event collaborations in 2020, IBN’s syndication partners have extended digital coverage to include individual broadcasts on financial websites and platforms visited by millions of investors daily.

For more information, please visit https://www.InvestorBrandNetwork.com

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Body and Mind Inc. (CSE: BAMM) Featured in Virtual Coverage of Benzinga’s Cannabis Capital Conference

August 18, 2020 08:45:08

Body and Mind Inc.is a debt-free publicly traded US multi-state operator investing in high-quality medical and recreational cannabis cultivation, production and retail in California, Nevada, Ohio and Arkansas The company possesses a well-established distribution system comprised of long-term relationships with dispensaries throughout Nevada, as well as its own cultivation and production facilities. Subsequently, BAMM expanded into California through the ShowGrow dispensary in San Diego (60% owned by BaM) as well as the ShowGrow Long Beach dispensary while simultaneously creating Body and Mind branded products at a licensed California manufacturing facility. More recently, the BAMM has ventured into the states of Ohio and Arkansas, operating licensed medical dispensaries in both locations.

Trip Hoffman, President and Interim CEO of Body and Mind Inc, will be on the panel titled “Rolling Out: What’s next for Retailers in Adult-use Recreational”. With Michigan’s nascent recreational marijuana industry continuing to develop, the roll-out has had its fair share of challenges and successes. This panel will feature retailers who will share their experiences on how the roll-out is going, what the bestselling products are, as well as the role technology is playing to enhance their brand. The panel is also set to feature Erich Mauff, Co-Founder of Jushi; Howard Luckoff, CEO of New Standard; as well as Mark Passerini, the EVP of Operations at Mission Dispensaries. The talk will be moderated by Denise Pollicella, Founder and Managing Partner of the Cannabis Attorneys of Michigan.

To learn more about Body and Mind Inc., visit www.bamcannabis.com

For registration information and further details on Benzinga’s Cannabis Capital Conference, visit https://www.benzinga.com/events/cannabis/detroit/

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SLANG Worldwide (CSE: SLNG) Featured in Virtual Coverage of Benzinga’s Cannabis Capital Conference

August 18, 2020 08:43:19

SLANG Worldwide (CSE: SLNG) is a consumer packaged goods company that owns, licenses and markets cannabis brands, serving the vaporizer, flower, concentrates, edibles and ingestibles categories. Featuring a robust portfolio of renowned brands distributed across over 2,600 retail stores in 12 US states, SLANG Worldwide sold over 4 million branded units in 2019, representing 250 million individual branded servings. Going forward, the company aims to focus its efforts on growing its presence within the states of Colorado and Oregon, expanding its partnerships in several other states, and further developing its product catalog – including vape brands ‘Firefly’ and ‘O.penVAPE,’ concentrates brand Bakked, and edibles brand District Edibles.

Chris Driessen, President and CEO of SLANG Worldwide, will be on the panel titled “When and Where to Apply Capital or Pull It Back”.

To learn more about SLANG Worldwide, visit https://www.slangww.com/

For registration information and further details on Benzinga’s Cannabis Capital Conference, visit https://www.benzinga.com/events/cannabis/detroit/

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4Front Ventures’ (CSE: FFNT) (OTCQX: FFNTF) Mission Dispensaries Featured in Virtual Coverage of Benzinga’s Cannabis Capital Conference

August 18, 2020 08:40:54

Mission Dispensaries is the retail subsidiary of 4Front Ventures (CSE: FFNT) (OTCQX: FFNTF), which currently owns, operates or manages cultivation and production facilities and retail facilities across 5 states with headquarters in Arizona. 4Front operates through 3 key subsidiaries, namely BrightLeaf Development, which oversees the cultivation, production and manufacturing aspect of 4Front’s business; Mission Dispensaries, which operates 4Front’s network of branded medical cannabis dispensaries and adult-use stores; as well as Pure Ratios’, which aims to combine cannabis into a wide-range of natural medicine products. Mission Dispensaries operates a chain of 13 medical cannabis dispensaries and adult-use stores across the states of Illinois, Maryland, Massachusetts, Pennsylvania, Arizona and Michigan.

Mark Passerini, Executive Vice President of Operations at Mission Dispensaries (retail subsidiary of 4Front), will be on the panel titled “Rolling Out: What’s next for Retailers in Adult-use Recreational”. With Michigan’s nascent recreational marijuana industry continuing to develop, the roll-out has had its fair share of challenges and successes. This panel will feature retailers who will share their experiences on how the roll-out is going, what the bestselling products are, as well as the role technology is playing to enhance their brand.

To learn more about Mission Dispensaries and 4Front, visit https://www.missiondispensaries.com/

For registration information and further details on Benzinga’s Cannabis Capital Conference, visit https://www.benzinga.com/events/cannabis/detroit/

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Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) Featured in Virtual Coverage of Benzinga’s Cannabis Capital Conference

August 18, 2020 08:38:57

Canopy Rivers (TSX: RIV) (OTC: CNPOF) is a venture capital firm specializing in investing and helping build out innovative companies from across the cannabis value chain. The company’s portfolio is wide-ranging, including companies focused on applying agricultural innovations that improve the potential of cannabis and hemp plants, the processing of cannabis and hemp into finished products, creating devices and tools used to enhance the cannabis consumption experience as well as software designed to streamline supply chain management and improve brand visibility. Canopy Rivers’ venture capital & portfolio operations team works directly with their portfolio companies to further identify opportunities for collaboration within the Canopy Rivers ecosystem.

Narbé Alexandrian, President and CEO of Canopy Rivers Inc., will be on the panel titled “Stop Chasing & Start Attracting the Right VCs”. Attendees will get the inside scoop on what some of the top venture capitalists look for when evaluating a company as their next potential investment.

To learn more about Canopy Rivers, visit https://www.canopyrivers.com/

For registration information and further details on Benzinga’s Cannabis Capital Conference, visit https://www.benzinga.com/events/cannabis/detroit/

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Cresco Labs (CSE: CL) (OTCQX: CRLBF) Featured in Virtual Coverage of Benzinga’s Cannabis Capital Conference

August 18, 2020 08:05:54

Cresco Labs (CSE: CL) (OTCQX: CRLBF) is a vertically integrated cannabis company, with a wide range of operations spanning the cannabis value chain – including cultivation, manufacturing, extraction and packaging. Employing world-class agronomists, manufacturing experts and state-of-the-art agricultural equipment, Cresco Labs is present across 9 states, operating a chain of 15 production facilities and 22 wholly-owned cannabis dispensaries. In addition to its retail sale operations, Cresco Labs has created a wide-ranging distribution network, with the company’s products currently being retailed in more than 700 dispensaries spread across the United States. Cresco Labs has recently launched its first national retail brand, Sunnyside, which is designed to revolutionize and disrupt the existing cannabis retail experience.

Barrington Rutherford, Senior Vice President, Real Estate and Community Integration at Cresco Labs, will be on the panel titled “Social Equity Programs in Michigan”. Advocates and experts will join to discuss a number of different social equity initiatives, elaborate on how these would help promote diversity and inclusion within the Michigan market, as well as the challenges surrounding how these initiatives will be defined and implemented.

To learn more about Cresco Labs, visit https://www.crescolabs.com/

For registration information and further details on Benzinga’s Cannabis Capital Conference, visit https://www.benzinga.com/events/cannabis/detroit/

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Trulieve Cannabis (CSE: TRUL) (OTCQX: TCNNF) Featured in Virtual Coverage of Benzinga’s Cannabis Capital Conference

August 18, 2020 08:05:15

Trulieve Cannabis (CSE: TRUL) (OTCQX: TCNNF)is a leading medical cannabis company in the state of Florida, capturing a 51% share of Florida’s cannabis market. Operating a vertically-integrated “seed-to-sale” model, Trulieve controls a network of 55 stores in Florida in addition to 57 stores nationwide through which it markets and distributes its wide range of more than 500 individual products. Over the past year, the company has taken steps to broaden its geographical footprint, announcing the purchases of licenses in California and Massachusetts while also opening a cannabis dispensary in the state of Connecticut.

Kim Rivers, CEO of Trulieve, will be delivering a keynote address during the Benzinga Cannabis Capital Conference.

To learn more about Trulieve Cannabis, visit https://www.trulieve.com/

For registration information and further details on Benzinga’s Cannabis Capital Conference, visit https://www.benzinga.com/events/cannabis/detroit/

About InvestorBrandNetwork’s Virtual Coverage

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Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://IBN.fm/Disclaimer

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420 with CNW – Coronavirus and Social Distancing Propels Cannabis Market

August 18, 2020 03:25:32

In March 2020, every other headline seemed to be about the run on toilet paper. But another product was silently being stockpiled in many American homes. Cannabis.

Orders for legal cannabis products surged in March in the 33 states where some form of cannabis is legal. The two-week spike was attributed to panic buying by consumers. After a bit of fluctuation, sales began to stabilize at the end of April. However, when those sales numbers stabilized, they were nearly 40% higher than…

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420 with CNW – The Evolution and Importance of Cannabis Genetics

August 17, 2020

August 17, 2020 15:25:21

Today’s cannabis market is experiencing significant growth in and demand for product diversity. At the same time, producers want reliable and stable plant varieties to ensure their products provide consistent quality. Advancements in breeding programs, artificial selection, genetics optimization and data analytics are helping cannabis producers meet both needs.

Innovative new techniques are making it possible to achieve diversity and consistency. Producers are now able to engineer and cultivate a base product that is perfectly aligned with…

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CannabisNewsBreaks – Sugarmade Inc. (SGMD) Eyeing Verticalization to Form Solid Line from Farm to Delivery

August 14, 2020

August 14, 2020 12:36:14

Sugarmade (OTCQB: SGMD), a leading, multidivisional/multiproduct/multisector supply company, has continued to report record growth across “every single metric” for its BudCars Cannabis Delivery Service. While the company continues with breakout growth, it also is focused on vertical integration, in a pending move designed to expand its model from seed to sale. A recent article discussing this reads, “In addition, SGMD is looking to grow BudCars through verticalization. Pending approval from the California Bureau of Cannabis Control, the expansion into cultivation would connect the dots and form a solid product and supply line from farm to delivery that would further cut costs and increase the profit margins (http://cnw.fm/aNWaD).”

To view the full article, visit http://cnw.fm/6n38S

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 – How Marijuana Dispensaries Differ from Liquor Stores

August 14, 2020

August 14, 2020 07:30:00

Are you considering visiting a local marijuana dispensary for the first time? You may think that they don’t differ much from liquor stores, they are both retail establishments that sell a drug after all. Heck, cannabis advocates looking to legalize recreational marijuana said that once legalized, it would be taxed and regulated “in a manner similar to alcohol.” Adults 21 and over would ideally be able to stroll into a cannabis dispensary, grab whatever they need, and leave shortly, as they would in a liquor store. However, cannabis is a unique industry that’s unlike any other, and it differs from alcohol in several ways.

For starters, marijuana dispensaries are a lot more serious about the age limit. While you have to be 21 years old to buy alcohol from a retail establishment, liquor stores can be a little lax with their security. It’s not uncommon to see a young fella rifling through their pockets at the liquor store counter for a moment before sheepishly declaring that they left their ID at home but that they are definitely old enough. Dispensaries, on the other hand, require IDs even before you can walk in and many establishments…

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420 with CNW – Planned Study Could Provide Desperately Needed Cannabis Data

August 13, 2020

August 13, 2020 15:25:25

As the coronavirus pandemic rages on amid a severe economic crisis, the cannabis industry remains relatively strong. The controversial plant has grown immensely popular over the past few years, especially after researchers started looking into its purported medical abilities. Users say cannabis can be effective against a variety of ailments ranging from chronic pain and anxiety to fighting cancer and regulating and preventing diabetes, but only a few of these claims are backed by hard data. At the moment, it is nearly impossible for American researchers to study cannabis as it is still classified as a Schedule 1 substance.

Canada, on the other hand, has legalized both medical and recreational cannabis and researchers are free to study the effect of cannabis on human illness. In a bid to collect more hard data on cannabis, the University Health Network (“UHN”) in Canada is embarking on a six-month study to see whether there is any truth behind the claims that cannabis can help patients. Dubbed ‘The Medical Cannabis Real World Evidence Study,’ it is looking to enroll at least 2,000 people who…

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CannabisNewsBreaks – Why Pac Roots Cannabis Corp. (CSE: PACR) Is ‘One to Watch’

August 13, 2020

August 13, 2020 14:10:32

Pac Roots Cannabis Corp. (CSE: PACR) is a Canadian-based company that leverages a genetics-focused approach in producing premium-quality strains and products. A recent article discussing Pac Roots reads, “The company began operations in 2012, with activities primarily directed toward exploration and development of mineral properties in Canada. Today, it is focused on cannabis and hemp cultivation, leveraging high-end genetics and specialized cultivars to produce top-quality products. Pac Roots has announced multiple promising initiatives in recent months, including its formation of an outdoor, premium-hemp joint venture with partner Rock Creek Farms in British Columbia and its agreement to acquire all issued and outstanding shares of a firm holding 250 acres of land in the famed Fraser Valley Region of British Columbia.”

To view the full article, visit http://cnw.fm/NNESP

About Pac Roots Cannabis Corp.

PacRoots is focused on delivering the finest genetics to Canadians. Preserving the excellence of its elite strains while introducing the highest quality of new strains to the public is the company’s passion. Genetic variation and stability is the foundation that drives the decision making for Pac Roots Cannabis Corp.’s business. 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 – Cannabis Global (CBGL) Repays, Retires Convertible Notes in Strategic Moves to Impact Balance Sheet

August 13, 2020

August 13, 2020 10:11:14

Cannabis Global (OTC: CBGL), a cannabinoid and hemp-extract, science-forward company developing infusion and delivery technologies, has announced the retirement of convertible debt, along with additional moves designed to positively restructure the company’s debt obligations. The convertible notes — three in all — represented a total principle value of $178,500; the company also signed an agreement to finance the payoff of a fourth note. These strategic steps are designed to have a marked positive impact on CBGL’s balance sheet for the fiscal year ending Aug. 31, 2020. “The funds we raised from convertible notes earlier this year were used wisely to jump-start the development of what we believe to be the most robust set of cannabinoid infusion technologies in the marketplace,” said Cannabis Global CEO Arman Tabatabaei in the press release. “As a result, we were able to file six provisional patents, develop several new technologies, which we are classifying as trade secrets, and develop multiple new products based on our IP accomplishments.”

To view the full press release, visit http://cnw.fm/UXkhp

About Cannabis Global Inc.

Cannabis Global, formerly known as MCTC Holdings Inc., is a fully audited and reporting company with the U.S. Securities & Exchange Commission, trading with the stock symbol CBGL. The company is an emerging force in the area of cannabinoid sciences and highly bioavailable hemp and cannabis-infusion technologies. The company does not engage in the production, distribution or sales of any controlled substances, including marijuana. The company has an actively growing portfolio of intellectual property, having filed six patents in the areas of cannabinoid delivery systems and cannabinoid polymeric nanoparticles. CBGL markets its consumer products under the Hemp You Can Feel brand name. Cannabis Global launched its Project Varin early in 2020 to develop new delivery methods for rare cannabinoid tetrahydrocannabivarin (THC-V) and to develop products based on this cannabinoid. For more information about the company, visit www.CannabisGlobalInc.com.

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

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420 with CNW – States Ask USDA and Congress to Extend Hemp Pilot Program

August 12, 2020

August 12, 2020 15:25:19

Although the 2014 hemp pilot program is set to expire on October 31, various state agriculture and hemp industry advocates have expressed concern that some states aren’t quite ready to run their own hemp programs. On Wednesday, the U.S. Department of Agriculture (“USDA”), received letters from the National Association of State Departments of Agriculture (“NASDA”) and National Industrial Hemp Council (“NIHC”) asking it to extend the pilot hemp program.

The groups say that while the USDA’s efforts at developing interim guidelines for the crop under the 2018 Farm Bill have been monumental, several states have been unable to create their own hemp programs due to the coronavirus. They asked Congressional leaders to consider passing supplementary appropriations legislation to extend the pilot hemp program through 2021 to give states…

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CannabisNewsBreaks – Cannabis Strategic Ventures Inc. (NUGS) Posts Record Revenues in July, Reaching $2.3M

August 12, 2020

August 12, 2020 10:33:47

Cannabis Strategic Ventures (OTCQB: NUGS), an emerging leader in the U.S. cannabis marketplace, has released monthly performance data for July. Those numbers — $2.3 million in total sales from cannabis products — exceeded company projections and mark a record sales performance for the company. The report attributes much of this record-breaking growth to its improved positioning in the California cannabis market among partners and distributors. “It would be easy to lose perspective at this point because we exceeded our own expectations by such a wide margin in July,” said Cannabis Strategic Ventures CEO Simon Yu in the press release. “That said, we believe we understand what’s driving this accelerating growth: a combination of better products, better distribution relationships, and better pricing coming together in a favorable environment. And we have a strategy in place to continue to drive progress in all of these areas going forward.”

To view the full press release, visit http://cnw.fm/oaEga

About Cannabis Strategic Ventures Inc.

Cannabis Strategic Ventures is one of the largest publicly traded marijuana cultivators in the United States. Based in Los Angeles, the company incubates, develops and partners with category leaders within the cannabis and ancillary sectors. The firm’s NUGS brand experience provides operational and financial strategic partnerships and a range of essential services to emerging and existing cannabis consumer brands. For more information, visit www.CannabisStrategic.com.

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

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420 with CNW – Arizona Court Rules in Favor of Marijuana Ballot Initiative

August 12, 2020

August 12, 2020 03:25:14

Cannabis legalization activists in Arizona can finally breathe easy after a judge dismissed a lawsuit claiming that their recreational cannabis legalization measure was unfit for the November ballot. Last month, Arizonans for Health and Public Safety filed a lawsuit arguing that the measure wasn’t accurately described in the 100-word summary included in the petitions that voters signed. The group said that plenty of information was left out of the summary, denying voters all the information they needed to make an informed decision.

On Friday, Maricopa County Superior Court Judge rejected the claims that the 100 word summary on the initiative excluded the measure’s principal provisions. The judge, a Gov. Doug Ducey appointee, ruled that voters who signed the initiative had not been misled and that the measure could…

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420 with CNW – Vermont Could Be Close to Legalizing Marijuana

August 11, 2020

August 11, 2020 15:25:05

2020 looked to be the year for cannabis. Several states had plans to legalize cannabis via either voting on the November ballot or inclusion in the budget at the start of the year, but the coronavirus threw everything into disarray. The resultant health and economic crisis forced many of them to postpone legalizing cannabis to 2021 and beyond. However, some states were able to take the steps needed to initiate legalization despite the crisis. Vermont, for instance, seems poised to advance legal marijuana sales very soon.

S.54, legislation that will legalize retail marijuana sales in Vermont beginning in 2022 is set to advance in a special session either this month or next, says an inside source. Although the state legalized the possession of up to an ounce and cultivation of two plants, there is no regulatory system for retail sales. Bill S.54 would create a comprehensive regulatory structure for cultivation and retail sales. Two versions…

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420 with CNW – Regulators in Massachusetts Asked to Revisit Marijuana Telehealth and Delivery

August 11, 2020

August 11, 2020 03:25:36

Back in 2016, voters in Massachusetts elected to legalize cannabis in the state. Nearly four years later, the legal landscape of Massachusetts’ legal cannabis industry is still changing and shifting. Like in most states with a legal cannabis program, the industry is fairly young, and regulators are working together with stakeholders and consumers to create a regulatory framework that works for everyone.

Last Monday, there was a public hearing held to collect input on the cannabis industry from medical marijuana patients, caregivers and aspiring entrepreneurs. The information will help the Cannabis Control Commission (“CCC”), which was tasked with regulating the state’s cannabis industry, to formulate…

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420 with CNW – Israel Health Ministry to Slash Medical Marijuana Prices in Half

August 10, 2020

August 10, 2020 15:25:18

Israel’s medical cannabis program recently went through a number of reforms that will see patients purchasing medical cannabis for up to 50% off the current price. The changes were presented by Health Minister Yuli Edelstein in the Knesset’s Labor, Welfare, and Health Committee. The reforms include switching from a license system to a prescription system, demanding a special budget basket from the Ministry of Finance, directing marketing and sale outside of pharmacies, the removal of cannabidiol (“CBD”) from the Dangerous Drugs Ordinance, transparency of products components for patients, and more.

According to Edelstein, he was exposed to the increasingly popular medical cannabis twice before assuming his current…

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CannabisNewsBreaks – CannabisNewsWire Re-Engaged as Official Newswire to Market Benzinga’s Upcoming, Entirely Virtual Event

August 10, 2020

August 10, 2020 13:18:39

The Benzinga Cannabis Capital Conference, renowned as the premier gathering of cannabis entrepreneurs and investors in North America, today announced additional details for its next event. Originally scheduled to take place in Detroit, this year’s conference, slated for Aug. 18, 2020, will be hosted in an entirely virtual format. CannabisNewsWire, a multifaceted financial news and publishing company, has been re-engaged as the Official Newswire to market the event to its many followers via multiple newsletter brands and other subscription-based services, as well as provide each of the participating publicly traded companies with dedicated virtual coverage. This coverage includes amplified article syndication to over 5,000 strategic partners. “Our team is always thrilled to work with Benzinga’s event organizers,” Jonathan Keim, director of communications for CannabisNewsWire, said in the news release. “This well-experienced organization is known throughout the space for consistently attracting North America’s leading cannabis innovators, investors and entrepreneurs.”

To view the full press release, visit http://cnw.fm/GlCVd

About Benzinga and Benzinga Events

Benzinga is a fast-growing, dynamic and innovative financial media outlet that empowers investors with high-quality, unique content. The Benzinga Cannabis Capital Conference series is held throughout the year in North American cities. Each event brings investors face-to-face with top cannabis companies to hear about advancements in the rapidly evolving sector. For more information, visit www.Benzinga.com and www.Benzinga.com/Events.

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420 with CNW – 2021 Looks Promising for Pot Stocks

August 10, 2020

August 10, 2020 03:25:37

Had the coronavirus pandemic not struck, 2020 would have been a good year for cannabis. Several states were planning on legalizing cannabis either through a ballot or inclusion in the budget, but a lot of these plans have been put on the backburner. However, despite the ongoing health and economic crisis, cannabis stocks have fared relatively well. There was an initial dip in the industry’s value when the coronavirus struck but after a month or two, states were reporting record breaking cannabis sales. As we begin the last half of the year, investors are gearing up for 2021, which they believe will be even better for cannabis stocks.

Cannabis has seen months of bullish stock trading and many cannabis stocks continue to shoot up by double or even triple digits. Such massive growth is unsustainable over the long term but investors believe cannabis will continue to grow at a more reasonable pace, especially in 2021. The year has been tough, without a doubt, and as we head to the general elections in November…

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420 with CNW – Illinois Cannabis Sales Break Records in July

August 7, 2020

August 7, 2020 15:25:27

The months after the coronavirus broke out were characterized by a severe decline in commerce. Industries like airlines, food service and tourism were especially hit, with a large chunk of the more than 30 million Americans who lost their jobs coming from these sectors. Cannabis, on the other hand has weathered the storm fairly well. There was a spike in marijuana sales in the weeks leading up to the shutdown and self-isolation orders and in the months since, several states have reported record breaking sales.

On Monday, Illinois’ Department of Financial and Professional Regulation announced that the state had recorded another record-breaking month of recreational marijuana sales. Illinois is reporting nearly $61 million in adult-use cannabis sales for the month of July, with dispensaries selling 1,270.063 marijuana items, a new record. Illinois residents bought $44,749,787 worth of marijuana products while out of state visitors accounted for $16,207,193 worth of marijuana. Sales to out of state customers support Gov. J.B. Pritzker’s prediction…

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420 with CNW – Senate Bill Seeks to Legalize and Tax Cannabis Like Tobacco

August 7, 2020

August 7, 2020 03:25:07

So far, 2020 has been pretty rough on drug reform initiatives. Marijuana legalization activists in states like Idaho and Florida have had to postpone their legalization activities after the coronavirus pandemic made signature collection almost impossible and kept lawmakers occupied with more urgent issues. However, the push for federal marijuana reform received a massive boost after a Democratic Senator filed a new bill to federally legalize marijuana in late July.

Titled the ‘Substance Regulation and Safety Act,’ the legislation was sponsored by Senator Tina Smith. If passed, it would remove cannabis from the Controlled Substances Act and direct federal agencies to develop a framework for regulating marijuana in the country. The legislation would de-schedule cannabis, and it would require the U.S. Department of Health and Human Services (HHS) to develop rules that treat…

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420 with CNW – Amazon Prime Unveils Search for Marijuana Business Talent

August 6, 2020

August 6, 2020 15:25:53

Michael Straumietis, commonly known as ‘BigMike’, is one of the most successful cannabis entrepreneurs in the world. He founded cannabis fertilizer brand Advanced Nutrients, a firm that has earned him millions over the last two decades. Said to be the world’s leading cannabis fertilizer, the brand’s products are sold in 109 countries and counting with an annual revenue of over $84 million. For 37 years, he has been a revolutionary for the industry and now, he has set out to “discover the new industry Titan.”

From August 15, BigMike will star in The Next Marijuana Millionaire, a reality show that will put 16 budding entrepreneurs against each other for the chance to win $1 million. Describing itself as the “first ever cannabis business competition show,” the Apprentice-style reality show…

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CannabisNewsBreaks – Sugarmade Inc.’s (SGMD) Cannabis Delivery Service Reports Highest Performance to Date

August 6, 2020

August 6, 2020 09:54:21

Sugarmade (OTCQB: SGMD), a leading, multidivisional/multiproduct/multisector supply company, has released its July financial report, including record performance numbers for BudCars, the company’s newest acquisition. The cannabis delivery service organization reported more than $660,000 in total gross sales, which represented a 32% sequential monthly top-line growth. The report also included other performance highlights. “Last month featured strong growth in basically every major metric once again for our BudCars segment. We saw an increase in gross margins while demonstrating another breakout month-over-month performance on both the top and bottom line,” said Sugarmade CEO Jimmy Chan in the press release. “Note that April was our first full month operating BudCars. In July we more than doubled the sales and gross profits booked in April. That pace of growth suggests another potential doubling by October on a per-location basis. And we will be operating additional locations by then, which will serve to compound that growth.”

To view the full press release, visit http://cnw.fm/OiLKA

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420 with CNW – How COVID-19 is Dampening CBD Sales

August 6, 2020

August 6, 2020 03:25:51

As 2019 drew to a close, no one expected the virus that had been discovered in Wuhan, China in November to bring the world to a complete standstill. Three months into the year, however, the resultant pandemic had caused massive damage to the economy, with industries like food service and airlines shouldering millions of job losses. Although cannabis products enjoyed a spike in sales in the week or two leading up to lockdown orders, the COVID-19 pandemic has since dampened CBD sales.

The nascent industry had previously seen extremely encouraging projections, with last year’s BDSA and Arcview Market Research industry report stating that CBD sales in the USA would surpass $20 million by 2024. However, according to a new report from Brightfield Group titled ‘US CBD Market July 2020’ CBD sales will be much lower than projected…

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420 with CNW – The COVID-19 Outbreak is Hitting Illegal Cannabis Sales Hard

August 5, 2020

August 5, 2020 15:25:43

For many proponents of legalizing marijuana, snuffing out the black market and bringing all that revenue into the state coffers was a big motivation. However, the truth is the black market has thrived alongside state legal weed, and in many cases has actively undermined and drawn profits from the legal market. With the coronavirus pandemic in full swing, though, illegal cannabis sales have been hit. Hard.

In the early days of the pandemic, it was established that COVID-19 was a respiratory disease and folks with poor lung health were more at risk of developing severe symptoms. As beneficial as marijuana can be, smoking is harmful and puts your lungs in danger. People are still consuming…

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420 with CNW – Congress Passes Amendment Shielding State Cannabis Programs from Federal Interference

August 5, 2020

August 5, 2020 03:25:45

As July drew to a close, the House of Representatives voted in favor of an amendment that would protect all state, territory and tribal marijuana programs from federal interference. Sponsored by Reps. Earl Blumenauer, Tom McClintock, Eleanor Holmes Norton and Barbara Lee, the measure would prevent the Department of Justice from using its funds to impede the implementation of cannabis legalization laws. It was passed in a 254-163 vote on the floor and it builds on an existing, more limited provision to shield only state medical cannabis laws from federal interference.

As more and more states have legalized either medical or recreational cannabis over the years, attitudes have slowly shifted in favor of cannabis, says Blumenauer. “The federal government, sadly, is still trapped by the dead hand of Richard Nixon’s war on drugs, declaring cannabis a schedule 1 controlled substance.” Blumenauer also discussed separate House-passed legislation…

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420 with CNW – Study Finds Marijuana Makes Women Have Better Sex

August 4, 2020

August 4, 2020 15:25:20

For as long as marijuana has been used recreationally, there have been anecdotal reports among the women who enjoy cannabis that it spices things up in the bedroom. Heck, there are even THC infused lubricants on the market that promise increased arousal and better orgasms, but do they really work? Or is it a placebo effect, where it seems to work because you want it to work, or is there any truth behind these claims?

A growing body of research indicates that there is indeed a correlation between cannabis and sex, even though the science behind it is still a little fuzzy. A recent study that was published last week in the Journal Science Medicine asked women who used cannabis about their sexual experiences, and the researchers

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420 with CNW – 4 Tips for Choosing the Best Marijuana Genetics

August 4, 2020

August 4, 2020 03:25:42

No one can blame you for wanting to jump right into the cannabis industry. Still pretty young, the industry is projected to be worth $73 billion by 2027, and hundreds of businesses want a piece of the cake. If you’re a complete beginner looking to make a name for yourself as a grower, your first priority is to find the best marijuana genetics. However, that’s no easy task, especially in an industry that’s only a few years old and barely has any standardized regulations.

For starters, make sure you do plenty of research. Marijuana is probably one of the most genetically diverse plants out there. It took award-winning cannabis breeder Mean Gene years to know “what is what” when it comes to cannabis genetics, and his advice to beginners is to seek advice from someone who’s had experience growing marijuana. There’s no standard manual for how to cater to different…

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420 with CNW – Almost 70% New Jersey Voters Support Pot Legalization

August 3, 2020 15:25:46

Last December, the New Jersey Senate approved a resolution that would put a referendum on legalizing marijuana on this year’s November ballot. Although certain lawmakers had pegged their hopes on legalizing cannabis legislatively, numerous disagreements over the specifics of the bill made it impossible, forcing them to put the question of broad cannabis reform onto the voters. A recent survey conducted by DKC Analytics and released on Tuesday has found that a supermajority of New Jersey voters is in support of the measure.

The poll involved phone interviews with 500 New Jersey likely voters from July 7 to 12, and 68% of the respondents said they backed the policy change, a 7% increase compared to a separate poll on cannabis reform released in April. 78.5% of the Democrats polled supported legalizing cannabis, with 57% of Republicans and 63% of Independents also in favor of cannabis reform. 70% of the respondents said they…

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CannabisNewsBreaks – Sugarmade Inc. (SGMD) Revises ‘Expectations to the Upside’ with Dramatic BudCars Growth

August 3, 2020 13:40:18

Sugarmade (OTCQB: SGMD), a leading, multidivisional/multiproduct/multisector supply company, has seen dramatic growth and is working on further geographic expansion since its February acquisition of BudCars, a cannabis retail business that offers same-day delivery of top-shelf product. BudCars’ service currently reaches the communities of Granite Bay, Folsom, Arden Arcade, Carmichael, Citrus Heights, Orangevale and Roseville/Rocklin (http://cnw.fm/q1OQD), and the company is working to expand even further into Southern California. A recent article quotes Sugarmade CEO Jimmy Chan on BudCars’ impressive performance, where he states, “The growth has been so dramatic that we have had to drastically revise our expectations to the upside, which demands expansion, both in terms of staff and fleet in Sacramento, and in terms of regional expansion into Southern California. As a result, we are acquiring two distribution hub locations in the LA area with cannabis licenses included so we can hit the ground running” (http://cnw.fm/1hYwP).

To view the full article, visit http://cnw.fm/BdATk

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CannabisNewsBreaks – Cannabis Global, Inc. (CBGL) Announces FINRA-Approved Name and Symbol Change

August 3, 2020 09:29:29

Cannabis Global (OTC: CBGL), formerly known as MCTC Holdings, Inc. (OTC: MCTC), dba Cannabis Global Inc., a cannabinoid and hemp extract science forward company developing infusion and delivery technologies, today informed its investors and the marketplace that its corporate identity change is now complete. According to the update, FINRA approved the company’s corporate action changing its name from MCTC Holdings, Inc. to Cannabis Global, Inc., as well as the corresponding change of its trading symbol to CBGL. “We have come a long way in only one year,” Cannabis Global CEO Arman Tabatabaei said in the news release. “During this year we have reorganized the company, instituted a robust cannabinoid-oriented R&D program, filed six provisional patents on the developed technologies, all while developing a host of consumer and industry products utilizing the inventions. We are very pleased to announce our corporate name change to Cannabis Global, Inc., and the new CBGL trading symbol.”

To view the full press release, visit http://cnw.fm/xA2OA

About Cannabis Global, Inc.

Cannabis Global, formerly known as MCTC Holdings, Inc., is a fully audited and reporting company with the U.S. Securities & Exchange Commission, trading with the stock symbol CBGL. The company is an emerging force in the area of cannabinoid sciences and highly bioavailable hemp and cannabis infusion technologies. The company does not engage in the production, distribution, or sales of any controlled substances, including marijuana. The company has an actively growing portfolio of intellectual property having filed six patents in the areas of cannabinoid delivery systems and cannabinoid polymeric nanoparticles. The company markets its consumer products under the Hemp You Can Feel brand name. Cannabis Global launched its Project Varin early in 2020 to develop new delivery methods for rare cannabinoid tetrahydrocannabivarin (THC-V) and to develop products based on this cannabinoid. For more information, visit the company’s website at www.CannabisGlobalInc.com.

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

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The 2020 Benzinga Cannabis Capital Conference In Detroit Will Be Moving Online

August 3, 2020 09:07:19

Due to continuing concerns surrounding COVID-19, Benzinga will be bringing its Cannabis Capital Conference online. Originally scheduled to take place in Detroit, this conference will focus on carefully vetted companies in the emerging Michigan market.

The event, set to take place on Tuesday, August 18, 2020, will serve as a meeting place for cannabis investors, entrepreneurs, and leaders in the cannabis industry.

Attendees can look forward to round table discussions and panels with top cannabis entrepreneurs, keynote quick fires, and investor presentations. The main aim of the Cannabis Capital Conference is to foster connections within the cannabis industry and create new and exciting opportunities.

The previous Virtual Cannabis Capital Conference featured presentations from companies such as Columbia Care Inc (OTC: CCHWF), KushCo Holdings Inc (OTC: KSHB), Trulieve Cannabis (OTC: TCNNF), Valens Groworks Corp (OTC: VLNCF), MariMed Inc (OTC: MRMD), among many others.

“We found the event, the turnout, and the content to be of amazing high quality and well worth our time,” said Rod Weiss, Vice President of Operations at BlueSky Organics. “Both myself and our CEO Mary Horvatincic found [the] June 1st event and [Benzinga’s] personal moderation of videos to be highly professional.”

For more information or to register for the Virtual Cannabis Capital Conference, visit: https://www.benzinga.com/events/cannabis/detroit/

About Benzinga

Benzinga is a leading financial media company dedicated to making information easier to consume. Benzinga’s news desk is constantly breaking stories and moving billions of dollars of market capitalization through its real-time news tool, Benzinga Pro. Benzinga’s original content is syndicated to 70 partner websites including Yahoo! Finance MSN, CNNMoney, Fox Business and MarketWatch.

Cannabis Capital Conference Contact:
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420 with CNW – Nebraska Medical Cannabis Advocates Just a Step Away from Seeing Their Initiative on the Ballot

August 3, 2020 03:25:49

Several states had plans to legalize cannabis at the start of this year, but 2020 threw a curveball that absolutely no one expected. With self-isolation and social distancing orders in place, signature collection efforts became quite difficult, and states like New York and Florida have had to postpone legalization to next year and beyond. In Nebraska, cannabis legalization activists had to collect at least 122,000 signatures to get medical marijuana on the November ballot and they more than delivered.

The group, Nebraskans for Medical Marijuana, initially suspended its signature collection efforts when the coronavirus broke out, but the campaign relaunched its efforts later in May with new social distancing safety protocols. By the July 8 deadline, the group had managed to collect a total of 182,000 signatures from all 93 counties in the state. If approved, the measure will allow doctors…

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CannabisNewsBreaks – Sugarmade, Inc. (SGMD) Announces New Form 8K Highlighting Further Details on Performance and Outlook

July 31, 2020

July 31, 2020 10:50:08

Sugarmade (OTCQB: SGMD), today announced the publication of a new Form 8K Current Report filing (the “8K”) with the United States Securities and Exchange Commission (the “SEC”) highlighting specific information about multiple issues pertinent to its performance and outlook. According to the update, the 8K covers information about Sugarmade’s reported purchase orders for non-medical personal protective supplies, its progress toward opening multiple new locations for its cannabis delivery service in the Los Angeles regional market, its investment position in Indigo Dye Group, Inc (“Indigo’), and its outlook regarding the trends defining the California cannabis delivery marketplace.

To view the full press release, visit http://cnw.fm/mb9oR

About Sugarmade, Inc.

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420 with CNW – Why Verified Product Reviews Are Crucial for the Cannabis Industry

July 31, 2020

July 31, 2020 03:25:26

The cannabis industry is one of the fastest-growing industries in the country, with as many as 243,700 Americans employed in the legal cannabis industry as of early 2020. It’s a relatively young industry with a large amount of sellers and the number is sure to increase as more states legalize cannabis. However, that’s not the only way the legal cannabis industry differs from most ‘traditional’ industries. Cannabis holds the distinction of one of the few products on state shelves that is federally prohibited.

Still, medical cannabis has plenty of health benefits, ranging from relieving chronic pain and regulating and preventing diabetes to regulating seizures and alleviating anxiety. But how do you choose a high quality, effective…

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420 with CNW – Senators Urge USDA to Loosen Restrictive Hemp Rules

July 31, 2020

July 31, 2020 03:25:02

Two Senators from Oregon have written to the USDA asking the agency to make some adjustments to the interim hemp final rule before they are finalized. The letter, written on Wednesday, was signed by Sens. Jeff Merkley and Ron Wyden. Both are Democrats from Oregon.

The two lawmakers were particularly concerned about two regulations which the regulator had suspended temporarily but has intentions of reinstating. The first has to do with requiring…

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420 with CNW – Cumulative Cannabis Use NOT Linked to Heart Abnormalities

July 30, 2020

July 30, 2020 15:25:26

According to a recent study whose findings appeared in the journal Addiction, there is no link between cumulative lifetime or current use of marijuana and the development of electrocardiogram heart abnormalities in middle age. These findings fly in the face of claims made that the long-term use of marijuana can trigger heart ECG abnormalities as one ages.

For this study, a team of researchers from Switzerland worked closely with another team based in the U.S. to examine the relationship between the prevalence of heart electrocardiogram abnormalities…

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CannabisNewsBreaks – Cannabis Global, Inc. (MCTC) Outlines Parameters for Upcoming Research Designed to Study Effectiveness of THC-V in Weight Loss

July 30, 2020

July 30, 2020 11:28:53

Cannabis Global (OTC: MCTC), a cannabinoid and hemp-extract, science-forward company developing infusion and delivery technologies, recently updated its shareholders regarding selected protocols for its planned animal study. MCTC will conduct research focused on determining if the administration of rare cannabinoid Tetrahydrocannabivarin (THC-V) promotes appetite suppression and/or weight loss in diet-induced obese mice. “This study is a first step to investigate if THC-V is, in fact, a weight loss or appetite suppressant,” said Cannabis Global CEO Arman Tabatabaei in a press release. “While the popular and industry press widely outlines THC-V as such, scientific research is severely lacking. We plan to take the industry a step forward relative to THC-V via this study. We also hope to shed some light on the potential effectiveness of our highly loaded nanoparticles of manufactured THC-V versus the botanically derived cannabinoid.”

To view the full press release, visit http://cnw.fm/ZkQao

About Cannabis Global Inc.

Cannabis Global is a Nevada registered, fully reporting and audited publicly traded company. With the hemp and cannabis industries moving very quickly and with a growing number of market entrants, Cannabis Global plans to concentrate its efforts on the middle portions of the hemp and cannabis value chain. The company plans to actively pursue R&D programs and productization for exotic cannabinoid isolation, bioenhancement of cannabinoids and polymeric solid nanoparticles and nanofibers for addition into consumer products and for dermal application. The company was reorganized during June of 2019 and announced its intent to enter the fast-growing cannabis sector. The company is headed and managed by a group of highly experienced cannabis industry pioneers and entrepreneurs. For more information, visit the company’s website at www.CannabisGlobalInc.com.

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

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420 with CNW – What Potential Marijuana Entrepreneurs Need to Know

July 30, 2020

July 30, 2020 03:25:45

The cannabis space is one of the most exciting industries at the moment. At least 30 states have legalized cannabis, with several more considering legalizing it in the near future. Valued at $13.6 billion in 2019, the industry is projected to reach. $73.6 billion by 2027. These crazy numbers have attracted entrepreneurs and investors looking to cash in on cannabis’ popularity in droves. The fact that most states that allow cannabis declared it essential at the start of the pandemic made the industry even more attractive to entrepreneurs.

Like every other industry, cannabis has its own set of risks, especially for an entrepreneur who doesn’t know the ins and outs of the cannabis space. While there is plenty of demand…

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420 with CNW – Navy Stops Sailors and Marines from Using Hemp Shampoo

July 29, 2020

July 29, 2020 15:25:01

Last year, the U.S. Navy issued a notice banning all sailors and marines from using products containing CBD. This ban covered ingestible products, such as tinctures. Last week, the Navy issued another notice expanding the hemp or CBD product ban to include topicals like shampoos, lotions, conditioners, and soaps.

This Department of the Navy (“DON”) update comes shortly after Congress passed an amendment to a spending bill stipulating that serving and reserve members of the U.S. armed forces could use products containing hemp derivatives, such as CBD. However, the Senate version of this spending bill doesn’t have the amendment contained in the House version, so negotiations…

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420 with CNW – White House Official Admits Fewer Teens Are Using Marijuana Since Legalization

July 29, 2020

July 29, 2020 03:25:46

The road to cannabis legalization has been long and full of obstacles. While drug reform activists have preached the social and economic benefits of legalizing cannabis, proponents against legalization have argued that making cannabis legal and accessible to the public will lead to teens abusing the drug. However, according to an official from the White House’s anti-drug office, the consumption of cannabis by teens has fallen in Colorado and other states that have legalized marijuana for adult consumption.

Speaking to a committee of North Dakota lawmakers on Wednesday, Dale Quigley stated that “for some reason, the use rate among this age bracket is going down.” He is the deputy coordinator for the National Marijuana Initiative, a project of the High-Intensity Drug Trafficking Area (“HIDTA”) program. Although he can’t pin down why use rates among teens has been reducing in the state, the trend…

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420 with CNW – Congress Could Vote on Marijuana Legalization in September

July 28, 2020

July 28, 2020 15:25:17

Last year, Judiciary Committee Chairman Jerrold Nadler teamed up with Senator Kamala Harris to file legislation that would end federal prohibition of cannabis in the country and seek to repair some of the damage done by the decades’ long war on drugs. The Marijuana Opportunity Reinvestment and Expungement (“MORE”) Act would remove marijuana and THC from the Controlled Substances Act, provide for the expungement and resentencing of prior marijuana convictions and prevent federal agencies from using cannabis as a reason to deny access to benefits or citizenship status for immigrants.

According to multiple sources familiar with the lawmaker’s plans, the Leadership of the House of Representatives is moving toward holding a floor vote on the bill in September. The bill has already been approved by the House Judiciary Committee, a move that observers stated would set the stage for a full floor vote. The coronavirus pandemic has already stalled legislative efforts on various issues, including cannabis legalization efforts in several states, but sources…

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CannabisNewsBreaks – VIVO Cannabis Inc. (TSX: VIVO) (OTCQX: VVCIF) Announces Scheduled Release of Q2 2020 Results, Conference Call

July 28, 2020

July 28, 2020 11:57:59

VIVO Cannabis (TSX: VIVO) (OTCQX: VVCIF) on Monday announced that it will release its second quarter 2020 results after the close of markets on Friday, August 14, 2020. According to the update, senior management will host a conference call to discuss the results at 11 a.m. ET on Monday, August 17, 2020. Interested parties may join the call by dialing 647-427-7450 or 1-888-231-8191 and entering conference ID: 8762205. Participants may register for and log into the live webcast at http://cnw.fm/JH267. The webcast will be archived for 90 days.

To view the full press release, visit http://cnw.fm/NJvdA

About VIVO Cannabis(TM)

VIVO Cannabis(TM) is recognized for trusted, premium cannabis products and services. It holds production and sales licenses from Health Canada and operates world-class indoor and seasonal airhouse cultivation facilities with proprietary plant-growing technology in Hope, British Columbia and Napanee, Ontario. VIVO has a collection of premium brands, each targeting different customer segments, including Canna Farms(TM), Beacon Medical(TM), Fireside(TM), Fireside X(TM), Lumina(TM) and Canadian Bud Collection(TM). The Company is expanding its production capabilities and distribution network. Harvest Medicine, VIVO’s patient-centric, scalable network of medical cannabis clinics, has serviced over 100,000 patient visits. VIVO is pursuing several partnership and product development opportunities and is focusing its international efforts on Germany and Australia. The Company has a healthy balance sheet and is well-positioned to accelerate its path to profitability. For more information visit www.VIVOCannabis.com.

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

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CanadianCannabisWire (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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420 with CNW – Rhode Island Licenses First Lab to Test Marijuana Potency

July 28, 2020

July 28, 2020 03:25:45

Rhode Island legalized medical cannabis back in 2006, and it became one of the first states with a cannabis dispensary system when it introduced the system in 2009. As of 2020, there are 3 cannabis dispensaries in the state; Thomas C. Slater Compassion Center in Providence, Summit Medical Compassion Center in Warwick, and Greanleaf Compassion Center in Portsmouth. But Rhode Island’s medical marijuana program differed greatly from programs in other states.

For years, the state had not licensed any laboratories to test for marijuana potency. Either the growers in Rhode Island tested their own products, dispensaries tested the marijuana themselves or they contracted unlicensed, private labs. Finally, the Rhode Island Department of Health (“RIDOH”) has licensed…

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420 with CNW – Opponents File Lawsuit against Arizona Marijuana Ballot Measure

July 27, 2020

July 27, 2020 15:25:55

At the start of the year, at least 10 states had plans to legalize either medical or recreational cannabis. But as the coronavirus took hold, lawmakers didn’t have enough time to discuss comprehensive marijuana reforms. This, coupled with the shutdown and social distancing measures, meant states like New York and Ohio had to postpone their legalization plans. In Arizona, however, activists were able to collect enough signatures to get marijuana legalization on the November ballot, but they are now facing another potential hurdle.

A group opposed to legal cannabis has filed a lawsuit arguing that the initiative used deceptive language when collecting signatures and is asking a Maricopa County Superior Court judge to declare the initiative invalid. The lawsuit was filed by Arizonians for Health and Public Safety. It claims…

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420 with CNW – Congress Passes Measure Allowing Military Personnel to Use CBD

July 27, 2020

July 27, 2020 03:25:45

When the 2018 Farm Bill legalized industrial hemp and its derivatives, no one knew just how big cannabidiol (“CBD”) would get. Flush with medical properties, CBD has quickly become a go-to compound for people seeking a natural alternative to pharmaceuticals. However, despite being federally legalized, several military branches have in the past few months issued statements stating that service members were not permitted to use CBD products. In response, Rep. Tulsi Gabbard, a military veteran, and former 2020 Democratic presidential candidate sponsored an amendment that would allow military service members to use products containing hemp and its derivatives.

Approved by the House of Representatives on Monday, the amendment stipulates that the “Secretary of Defense may not prohibit, on the basis of a product containing hemp or any ingredient derived from hemp, the possession, use or consumption of such a product by a member of the Armed Forces.” This is only applicable…

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420 with CNW – FDA Finally Releases Cannabis Research Guidelines

July 24, 2020

July 24, 2020 15:36:09

In December 2018, Congress passed the 2018 Farm Bill, a landmark legislation that legalized the cultivation and sale of industrial hemp and it’s derivatives after decades of prohibition. Cannabidiol, a hemp extract with medical capabilities, quickly grew in popularity, resulting in an unregulated market worth millions of dollars in sales. For months, advocates, stakeholders, and some lawmakers have urged the U.S. Food and Drug Administration (“FDA”) to create a comprehensive regulatory structure for the industry.

On Tuesday, the agency finally released draft guidance on developing cannabis-based drugs, weeks after the White House announced that it had finished reviewing the draft guidance. The published document states that the guidance is “limited to the development of human drugs and does not cover other FDA regulated products.” As the FDA is still developing guidelines that would allow CBD to be marketed…

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420 with CNW – Activists Put Pressure on Mexican Lawmakers to Legalize Recreational Marijuana

July 24, 2020

July 24, 2020 03:25:01

The past few years have been great for cannabis. Advanced research into its effects on the body that has found it has plenty of medical benefits, coupled with changing attitudes towards the plant, have pushed it more into the mainstream. As a result, plenty of territories have passed legislation allowing either recreational or medical marijuana within their borders. Many more jurisdictions have cannabis legalization on the books or they are at least considering it.

In Mexico, activists have demanded that the Senate include the legalization of recreational cannabis in the next special session that starts on July 29. This comes after the Mexican Cannabis Movement accused the Senate of possible contempt of a 2018 ruling by the Supreme Court of Justice of the Nation (“SCJN”). The court ruled that an absolute ban on the recreational use of marijuana was unconstitutional and gave Congress until December 15 to regulate public consumption of marijuana. However, according to activists, legislators…

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420 with CNW – Third-Party Presidential Nominees Push for Marijuana Legalization

July 23, 2020 15:25:35

With everything that’s been going on for the past six months, from a global pandemic that’s crippled the economy to the protests against police brutality raging across the country, it’s easy to forget that the November ballot is fast approaching. The ballot may very well be a turning point for the cannabis industry. For starters, the Democratic Party made it clear that if it clinches Congress and the White House this coming November, it will make decriminalizing marijuana one of its top priorities, despite presumptive Democratic presidential nominee Joe Biden’s views on the matter.

The presidential nominees for both the Libertarian and Green Parties also support broader drug reform, including legalizing marijuana. During an interview with C-SPAN this month, Libertarian pick Jo Jorgensen said that the biggest problem…

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CannabisNewsBreaks – Sugarmade, Inc. (SGMD) Announces Publication of New 8K Highlighting Specific BudCars Investment Information

July 23, 2020 09:58:39

Sugarmade (OTCQB: SGMD), today announces the publication of a new Form 8K Current Report filing (the “8K”) with the United States Securities and Exchange Commission (the “SEC”). According to the update, the 8K highlights specific information about the Company’s investment position in Indigo Dye Group, Inc., which conducts business as a cannabis delivery service under the name “BudCars.” The 8K also contains current information about the performance of BudCars in terms of gross receipts from operations during the three months ended June 30, 2020.

To view the full press release, visit http://cnw.fm/82Kvr

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CannabisNewsBreaks – Cannabis Global, Inc. (MCTC) Enters Estimated $10B Cannabis Market Through Strategic Agreement with Whisper Weed

July 23, 2020 09:08:28

Cannabis Global (OTC: MCTC), a cannabinoid and hemp extract science-forward company developing infusion and delivery technologies, today announced the closing of a definitive agreement to enter the fast-growing California cannabis delivery market. According to the update, Whisper Weed, Inc. and Cannabis Global have, under the executed agreement, created a new California Corporation to be named CGI Whisper W, Inc., which will provide management services for the delivery entity. CGI Whisper W, Inc, will receive 51% of the new entity’s profits, which will be recognized by Cannabis Global as income. “The delivery sector is the hottest area of the California cannabis business and we are very pleased to have a seat at the table,” Arman Tabatabaei, CEO of Cannabis Global, stated in the news release. “We not only will be able to grow our revenue base relative to direct delivery, but we also see Whisper Weed as a perfect platform to launch our infusion technologies in the regulated marketplace. With the deal closing, we are already in the process of adding other delivery platforms and other businesses to our overall portfolio.”

To view the full press release, visit http://cnw.fm/rwedO

About Cannabis Global, Inc.

Cannabis Global is a Nevada registered, fully reporting and audited publicly traded company. With the hemp and cannabis industries moving very quickly and with a growing number of market entrants, Cannabis Global plans to concentrate its efforts on the middle portions of the hemp and cannabis value chain. The Company plans to actively pursue R&D programs and productization for exotic cannabinoid isolation, bioenhancement of cannabinoids and polymeric solid nanoparticles and nanofibers for addition into consumer products and for dermal application. The Company was reorganized during June of 2019 and announced its intent to enter the fast-growing cannabis sector. The Company is headed and managed by a group of highly experienced cannabis industry pioneers and entrepreneurs. For more information, visit the Company’s website at www.CannabisGlobalInc.com.

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

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420 with CNW – What Current Research Says About Marijuana and Memory

July 23, 2020 03:25:04

We all know the stereotype of the bumbling, forgetful stoner. Cannabis has for long been associated with memory loss, and that has been one of the main arguments against legalizing. However, most of these claims lacked any scientific backing but over the past few years, researchers have been steadily learning more about cannabis and its effect on the human body, especially the brain. To understand how cannabis affects memory, we’ll first have to discuss short and long term memory.

Your short term memory stores immediate events temporarily, for instance, to remember a phone number that has just been recited. It can hold information for approximately twenty to thirty seconds, and it is pushed out when new items are presented. Long term memory, on the other hand, stores information…

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420 with CNW – You Don’t Need Lots of Capital to Be Big in the Marijuana Industry

July 22, 2020

July 22, 2020 15:25:23

For many young entrepreneurs, launching a startup is pretty straightforward. Make a snazzy business plan, secure as much funding as you can from investors and hit the ground running. However, acquiring startup capital is no easy task and if you do, you and your business are often at the mercy of your investors and advisory boards. More often than not, these entrepreneurs find themselves running businesses that while successful and profitable, have strayed far from their original visions.

But who said that’s the only way to go? It’s certainly the quicker way, you’ll have funds to make all the appropriate moves early in your business’ inception, but the more funding your receive, the more control you lose. If you go in without much investor funding, it will definitely take you longer to gain some ground, but it’s the best way to build and run your business according…

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420 with CNW – Meta Study Finds CBD Could Treat Cocaine Addiction

July 22, 2020

July 22, 2020 03:25:35

For the past couple of years, there has been mounting interest in the medical abilities of cannabidiol (“CBD”), a cannabinoid produced by the cannabis plant. This was compounded by the 2018 Farm Bill which legalized industrial hemp and its derivatives and pushed CBD even more into the mainstream. The cannabinoid is said to be effective against a wide range of medical conditions, ranging from certain forms of epilepsy, chronic pain, anxiety, and depression.

A growing body of research has also found that cannabidiol can help treat cocaine addiction. In a new meta-study, scientists analyzed 14 studies from the past five years on the administration of CBD in animal subjects consuming cocaine, and they determined that CBD appears to have a variety of effects that counteract addictive behaviors. The study…

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420 with CNW – Montana Activists Say Cannabis Reform Measures Will Be on November Ballot

July 21, 2020

July 21, 2020 15:25:25

When the coronavirus pandemic struck, there were tens of marijuana legalization initiatives in states across the country. However, social distancing and self-isolation orders made signature collection virtually impossible and as a result, states such as New York and Idaho have had to postpone their legalization efforts until next year and beyond. Montana, on the other hand, is on track to putting marijuana reform on the ballot this November. On Friday, marijuana activists in the state that based on both county-level signature validation as well as their own verification process, said they were surer they had collected enough signatures to qualify two cannabis reform measures for the November ballot.

Although the coronavirus pandemic initially impeded New Approach Marijuana’s signature collection efforts, the group relaunched their efforts in May with coronavirus related safety measures in place to keep both the signature collectors and the public safe. The group’s revised strategy paid off, and they managed to collect enough valid signatures for a statutory cannabis legalization measure and a separate constitutional…

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2nd Annual New Heights Canna-Tourism Summit Goes Virtual

July 21, 2020

July 21, 2020 10:08:54

Day-long virtual event to feature experts, owners and operators who are driving tourism business in the cannabis space during this time of disruption.

On Wednesday, July 29, 2020, the tourism and cannabis industries will come together for the second year in a new format online, introducing the 1st Virtual New Heights Canna-Tourism Summit. In partnership with the Tourism Industry Association of Ontario (TIAO), the one-day, ground-breaking virtual event will give attendees the opportunity to meet key players, tourism companies, cannabis companies, and potential partners to learn about how to build and market a cannabis tourism product.

“The tourism industry has been hard hit and has a long way to go to recover. And the cannabis industry is new and evolving and still faces many challenges. Now more than ever we need to work together to rebuild – creativity and partnerships are key in that process,” said Jennifer Mason, New Heights Founder and President, JLM Strategic Marketing. “Given virtual is how business is being done right now, we are transitioning to this space. We are confident that we will provide delegates and partners many of the same elements expected at a live business conference including; thought-leadership, exhibitor tradeshow and networking.

Attendees will be inspired by world-class canna-tourism success stories, big ideas, resources and tools for developing their own cannabis tourism product along with critical information about marketing, PR, legal and compliance. Prominent speakers include Beth Potter, President & CEO, Tourism Industry Association of Ontario (TIAO), Brian Applegarth, Founder & Executive Director, California Cannabis Tourism Association, Wendy Forwell, CEO, Cannabis Hotels, Karen Mariano, Director of Tourism, On the Ridge and Steven Fry, Sessions Cannabis, among other thought-leaders.

Participants will gain insights into development around hotel experiences, tours, culinary experiences, new products, health & wellness tourism, consumption lounges and more. The day promises to be an energizing learning environment with live online keynote speaking engagements, interactive panel sessions, meaningful online facetime networking, demonstrations, and real-time question and answer periods.

Register now for the New Heights Virtual Canna-Tourism Summit at www.CannabisTourismSummit.com. Follow the New Heights Conference on Twitter and Instagram for the latest updates.

Opportunities are still available to become a partner and showcase your brand to the cannabis and tourism industries.

Attendees must be 19 years of age or older to attend this event.

For media inquiries and more information contact:

Danielle McKay
New Heights Cannabis Tourism Summit
905-808-7230
[email protected]

About JLM Strategic Marketing

JLM is a boutique marketing agency built by a team of integrated marketers and experienced business professionals who drive transformational results. We service both agencies and clients to deliver great work that is designed to change how people think, feel and react to your brands.

420 with CNW – BLM Protests Give Marijuana Legalization Efforts Added Impetus

July 21, 2020

July 21, 2020 03:25:55

It’s a known fact that people of color have been unfairly targeted in the War on Drugs. Although folks of all races are likely to buy and consume marijuana, people of color are policed more aggressively and are more likely to have more punitive measures taken against them. And as protests against police brutality rage on countrywide, it’s become very clear that for POC, routine police stops are a matter of life and death.

In Georgia, for instance, strict drug laws encourage police officers to search for drugs during otherwise routine interactions such as traffic stops. According to Georgia Senator Harold Jones II, a Democrat and former prosecutor, this increases the odds of police-civilian encounters escalating…

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420 with CNW – New Jersey Governor Convinced Marijuana Legalization Key to Coronavirus Economic Recovery

July 20, 2020

July 20, 2020 15:25:08

The coronavirus crisis has dealt the economy a blow it will take years to recover from. Industries that were especially hit by shut down orders like airlines, restaurants, and tourism are looking at a long, tough road before they can get back to pre-pandemic levels. With all but the most essential businesses shut down and commerce brought to an almost complete standstill, states have lost millions in tax revenues over the past few months. However, proponents for marijuana legalization have argued that marijuana sales could help stimulate the economy as it recovers.

In the weeks before the shutdowns began, cannabis dispensaries saw a spike in sales, and the industry has consistently reported increasing sales, in some cases even breaking monthly records, during the course of the pandemic. The governor of New Jersey believes the state would get a major economic boost from legalizing marijuana. On top of that, he adds it will promote…

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Sugarmade, Inc. (SGMD) Releases Numbers, Calls June ‘Breakout’ Month for BudCars Growth for ‘Every Single Metric’

July 20, 2020

July 20, 2020 10:41:48

SGMD’s BudCars sales topped more than $500,000; company grew for third consecutive month
‘We did more business with more people and booked a significant jump in gross profits while holding our 47% gross margin level as volume increased,’ CEO reports
Company expects to close out first half of 2020 with a linear pace already at $6 million

Sugarmade (OTCQB: SGMD), a product and branding marketing company investing in operations and technologies with disruptive potential, released June numbers for its burgeoning BudCars Cannabis Delivery Service. Of note in the report were sales that topped more than $500,000 and impressive growth for the third consecutive month.

“June was another breakout month for BudCars growth across basically every single metric important to gauging our progress,” said Sugarmade CEO Jimmy Chan…

420 with CNW – Illinois Earns Double the Cannabis Taxes Predicted for First Six Months

July 20, 2020

July 20, 2020 03:25:30

The first half of 2020 has been brutal. After being discovered in Wuhan, China in late 2019, the coronavirus quickly spread to Europe and the U.S., and by late March, billions of people across the world were under lockdown. All but the most essential businesses were ordered to shut down, and within a month, the U.S. was approaching Great Depression era levels of unemployment. The travel and service industries were especially hit, and they have shouldered most of the job losses.

One industry that seems to be weathering the health and economic crisis fairly well is cannabis. Deemed essential by most states with a legal cannabis program, the industry has continued operations amidst the lockdown orders, all the while posting record profits. Illinois, for instance, has collected…

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420 with CNW – Congress Asks Federal Agencies to Reconsider Firing Employees Who Use Marijuana

July 17, 2020

July 17, 2020 15:25:09

Although several states have legalized either medical or recreational marijuana, it remains illegal at the federal level. This duality in legislation means that sometimes, individuals who work with or consume state-legal cannabis face federal repercussions. However, a series of reports for spending bills released by a key House committee contain a wide range of marijuana-related provisions seeking to change this.

The directives from the House Appropriations Committee were attached to spending bills containing legislative reform provisions including previously tabled proposals that would protect state marijuana laws from federal interference as well as protect banks who work with cannabis businesses from federal…

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420 with CNW – VA States Marijuana Industry Employed Veterans Aren’t Barred from Receiving Home Loans

July 17, 2020

July 17, 2020 03:25:41

The state legal cannabis industry has made great strides in the past couple of years, but there’s still a long way to go. The industry was valued at $13.6 billion in 2019 and experts expect it to grow in leaps and bounds over the years but the ongoing federal prohibition is severely holding it back. Unfortunately, this trickles down and negatively affects the tax paying folk who work in state legal cannabis establishments. One such instance of discrimination, according to Rep. Katherine Clark and other lawmakers, is against veterans seeking home loans.

For the past year, she’s been pressing the U.S. Department of Veterans Affairs (“VA”) on the difficulties veterans who work in the marijuana industry have faced trying to obtain a certificate for eligibility for VA home loan benefits. At least one constituent told Clark that they were denied a home loan as they work in the cannabis industry, and as a result, she circulated a sign-on letter and introduced an amendment to resolve the issue. However, the VA recently clarified…

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420 with CNW – Democratic Senator Claims Congress Will Legalize Cannabis in 2021

July 16, 2020 15:25:12

Marijuana legalization is a highly divisive topic and even as more and more states move to legalize medical and adult use marijuana, the topic still remains controversial. And although the federal government legalized industrial hemp in December 2018, marijuana is still illegal at the federal level. Although the presumptive Democratic presidential candidate has in the past said that he supports decriminalization, moderate rescheduling, record expungement and medical cannabis legalization, he does not stand behind legalizing adult use cannabis.

However, according to a U.S. Democratic Senator, lawmakers will move very quickly to legalize marijuana regardless of his position if the Democratic Party reclaims the Senate and Congress in November. Sen. Ed Markey was recently on the Young Jurks podcast and he was asked about a variety of issues related to cannabis legalization. He told host Mike Crawford that the democrats are ready to advance marijuana reform…

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CannabisNewsBreaks – Sugarmade, Inc.’s (SGMD) BudCars on Pace to Set Multiple New Performance Records

July 16, 2020 09:26:49

Sugarmade (OTCQB: SGMD), together with its BudCars Cannabis Delivery Service (“BudCars”), today issued a mid-month performance update for July, which is now on pace to set multiple new Company performance records for sales, gross profits and total customer orders. The Company is on pace to meet or exceed its target of $650,000 in total July sales, with well over 5,000 individual customer orders likely this month, suggesting that sequential month-over-month topline growth will be at or above the Company’s target 30% level. “Our BudCars Sacramento hub continues to demonstrate accelerating growth that suggests we still haven’t really found the ceiling here in terms of period-over-period upside potential,” Jimmy Chan, CEO of Sugarmade, said in the news release. “Ultimately, this is gratifying to see because we have taken a unique approach to retail cannabis product distribution.”

To view the full press release, visit http://cnw.fm/9LdAX

About Sugarmade, Inc.

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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CannabisNewsBreaks – Cannabis Global, Inc. (MCTC) Announces Successful Application of Production Techniques to Another Rare Cannabinoid

July 16, 2020 08:56:36

Cannabis Global (OTC: MCTC), a cannabinoid and hemp extract science-forward company developing infusion and delivery technologies, today announced the successful application of production techniques developed for Tetrahydrocannabivarin (“THC-V”) to another rare cannabinoid, Cannabinol (“CBN”), which the Company believes may have enormous unexplored upside growth potential as a new cannabinoid-based products market. “Our research team already proved our capability to produce high-quality polymeric nanoparticles and fibers of THC-V, but we also consider it important to be able to leverage our production techniques relative to other rare cannabinoids,” Arman Tabatabaei, CEO of Cannabis Global, stated in the news release. “We are excited to report today the success of this effort, which comes in the form of the production of highly loaded nanofibers of CBN via our methods developed for THC-V. We believe this development allows Cannabis Global to more quickly expand our product portfolio as we continue to stake a claim in the rare cannabinoid sector, potentially unleashing underexploited growth potential in markets like CBN, with little or no real competition.”

To view the full press release, visit http://cnw.fm/COu9m

About Cannabis Global, Inc.

Cannabis Global is a Nevada registered, fully reporting and audited publicly-traded company. With the hemp and cannabis industries moving very quickly and with a growing number of market entrants, Cannabis Global plans to concentrate its efforts on the middle portions of the hemp and cannabis value chain. The Company plans to actively pursue R&D programs and productization for exotic cannabinoid isolation, bioenhancement of cannabinoids and polymeric solid nanoparticles and nanofibers for addition into consumer products and for dermal application. The Company was reorganized during June of 2019 and announced its intent to enter the fast-growing cannabis sector. The Company is headed and managed by a group of highly experienced cannabis industry pioneers and entrepreneurs. For more information, visit the Company’s website at www.CannabisGlobalInc.com.

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

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420 with CNW – 4 Tips to Get the Full Value of CBD Products