Author: CannabisNewsWire (CNW)

About CannabisNewsWire CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge. To receive SMS text alerts from CannabisNewsWire, text “CANNABIS” to 21000 (U.S. Mobile Phones Only) For more information please visit https://www.CannabisNewsWire.com Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW, wherever published or re-published: http://CNW.fm/Disclaimer

CannabisNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Announces New Chief Strategy Officer

Flora Growth (NASDAQ: FLGC), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, has named Vessel founder and CEO James Chose as its new chief strategy officer. Choe brings impressive experience to his new role, with exposure to almost every major industry and a consulting business that has worked with more than 100 brands to launch more than 400 products. In particular, his time spent consulting for leading brands, cannabis producers and Fortune 500 companies has prepared Choe to serve as chief strategy office, where he will work on developing three core pillars: people, design, and community. Choe is focused on making Flora the most thoughtful organization in the industry as the company builds a unique value proposition, protects its people-first organization, is relentless in its pursuit of designing better experiences and develops a culture of operational excellence. Choe came to Flora Growth via the company’s 2021 acquisition of Vessel, an industry leader in premium cannabis consumption technology and accessories. Vessel provides a foothold for Flora in the North American market. In addition, Flora Growth announced that on Feb. 11, 2022; at 1 p.m. EST, CEO Luis Merchan will lead a webinar. The webinar will look at opportunities and challenges that lie ahead for the CBD industry in North America, Latin America and the European Union. “We are excited not only to have added an incredible company like Vessel to our brand portfolio but to be welcoming such a skilled entrepreneur as James Choe to our executive team,” said Flora Growth CEO Luis Merchan in the press release. “James brings an unparalleled passion to the organization. He has always been a people-first leader and his ability to craft a company culture and strategy built in service of the team has already started to create tangible results. We look forward to him growing his contributions.”

To view the full event, visit https://cnw.fm/rOtjv

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

About Flora Growth Corp.

Flora is building a design-led collective of plant-based wellness and lifestyle brands that delivers the most compelling customer experiences in the world, one community at a time. As the operator of one of the largest outdoor cannabis cultivation facilities, Flora leverages natural, cost-effective cultivation practices to supply cannabis derivatives to its diverse business divisions of cosmetics, hemp textiles, and food and beverage. For more information about the company, please visit www.FloraGrowth.ca.

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

About CannabisNewsWire

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

To receive SMS text alerts from CannabisNewsWire, text “CANNABIS” to 21000 (U.S. Mobile Phones Only)

For more information please visit https://www.CannabisNewsWire.com

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

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420 with CNW — How Combining CBD with Adaptogens Achieves Better Results

The popularity of cannabidiol can be attributed in part to its purported anxiety- and stress-relieving properties. Its consumption will not get the user high because it is a nonpsychoactive compound of marijuana. The benefits of CBD have been embraced by the wellness community, and the compound can be found in beverages, edibles, capsules and oils.

Aside from cannabidiol, adaptogens are also receiving a similar level of attention. These are plants that provide the body with stress-coping mechanisms as well as regulate hormonal changes. Other benefits include reducing inflammation, fighting fatigue and improving sleep. The use of adaptogens has been popular in Asian countries among those who follow the Ayurvedic medicine system.

There are a variety of adaptogens with the popular ones being rhodiola, reishi mushrooms, tulsi and ashwagandha. Rhodiola has been praised for its energy-boosting properties. Tulsi, or holy basil, boosts the body’s immunity as well as reduces anxiety, improves focus and helps manage depression. Ashwagandha is a stress reliever and has been a key ingredient in Ayurvedic potions. Reishi mushrooms provide the body with antioxidant properties that allow the skin to maintain a youthful look. Chaga, cordyceps and tocos are other popular adaptogens.

Adaptogens generally have a bitter taste, which is why they can be combined with cannabidiol. They are mostly manufactured as capsules or in powder form so that they can be added to beverages.

The body has a system of glands, receptors and hormones that form the hypothalamic pituitary adrenal (“HPA”) axis. Adaptogens seamlessly integrate with the system to restore metabolic equilibrium, also known as homeostasis. When our body is exposed to stressful situations, adaptogens will help in maintaining stress levels by lowering the production of stress hormones and refilling them when there’s an inadequacy.

Adaptogens are effective when they are taken for long durations because they will provide the body with internal stability. However, there are a couple of precautions you need to consider before you start ingesting adaptogens or taking them with CBD.

  • Talk to your doctor first. Ask for their recommendations and for clearance regarding which CBD and adaptogen products are suitable for you.
  • Take note of the United States Pharmacopeia (“USP”) seal when buying from the marketplace. Despite being nontoxic plants, they have not currently regulated by the FDA. The seal will let you know that which products have been verified by the USP.
  • Side effects can be experienced when adaptogens and/or CBD are paired with prescription drugs. Consult a naturopath or an herbalist to make sure they do not create undesirable effects with the ingredients of your prescribed medication.
  • Begin with smaller doses before increasing your intake. You can consult a naturopath or doctor to guide you with dosage. Some undesirable effects of taking sudden large doses of CBD include sleepiness while those for adaptogens include nausea, headaches and dizziness.

As this niche grows, many more companies are likely to jump into the fray. Flora Growth Corp. (NASDAQ: FLGC) is an internationally focused cannabis brand builder that is organically growing market share for its existing brand portfolio, which includes food & beverage.

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

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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420 with CNW — Cannabis Degrees Becoming Popular as More Universities Offer Them

Huge numbers of students in the United States are considering studying marijuana-related programs in major universities, especially with the numerous job openings in the cannabis industry. Estimates show that the marijuana industry will support more than 400,000 jobs this year, based on the current rates of growth.

Recent reports also show that by 2029, cannabis jobs will have increased by at least 160%. This isn’t a surprise as the marijuana industry is a burgeoning industry, having grown by 47% since 2019. The industry is also the economic driver in some emerging markets globally, with total yearly sales for 2020 hitting $18 billion. Projections show that by 2030, this flourishing industry will be worth about $100 billion; it is currently valued at $60 billion.

Despite these promising figures and the need to fill various positions with appropriately trained and competent individuals, the lack of federal legislation for marijuana and related substances has called into question the legitimacy of these programs. The lack of federal accreditation agencies for these degrees doesn’t help either.

However, various labs across the country that received authorization from the Cannabis Testing Lab Accreditation Program can conduct research on various terpene and cannabinoid properties. Appropriate tests on residual solvents, heavy metals, microbial contaminants and pesticides can also be carried out by these laboratories.

Marijuana degrees aren’t limited to research alone. The cannabis space, which still has a lot of expansion to do, has equipped students for opportunities in chemistry, engineering, technology and math. Students interested in cannabis and all that it entails need to focus on medical marijuana innovations while also having knowledge on the lucrative opportunities for business in the space.

Many expect that when a cannabis federal legislation is approved, the necessary accreditation agencies will be created and financed. Currently, universities and colleges in the U.S. provide three to four years of marijuana education. Various cannabis companies are also providing their employees with scholarships to study at top institutions in the country. This includes companies such as like Steadfast Labs and Veriheal, which are offering yearly scholarships worth $1,200 to employees who are interested in pursuing a marijuana-related degree.

It should be noted that not all accredited universities provide full degrees in marijuana courses. Some offer a number of lessons, while others offer full-time and part-time classes.

Accredited schools investing time and funds in preparing students with cannabis education include the University of Denver, Lake Superior State University, Northern Michigan University and Thomas Jefferson University, which also offers postgraduate degrees in the same.

These academic institutions are in a way helping entities such as American Cannabis Partners fill the talent gap that makes finding the right employees a difficult task in the marijuana industry.

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

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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420 with CNW — Top Financial Regulator Says Marijuana Sector Has Bright Future

In an interview with PBC conference, Rodney Hood, a financial regulator and board member National Credit Union Administration (“NCUA”), said that the marijuana sector has a bright future once it is fully legalized and infrastructure is set in place. During the interview, Hood suggested ways to deal with federal regulations that have seen banking institutions backing out on working with marijuana businesses.

Despite more states legalizing marijuana for recreational and medical use, the industry has not received backing from the financial services sector. This reluctance is due to the influence of federal prohibition on the sector.

Aside from that, rural markets provide an opportunity for cannabis businesses. With urban centers usually considered as the prime target market, rural communities get overlooked. That could change if Congress passes reform legislation that protects banks that work with cannabis businesses from facing penalties as a result of financial regulations.

The Secure and Fair Enforcement Banking Act, also referred to as SAFE Banking Act, is seen by many as a way to improve business efficiency in the cannabis industry with its intention of availing protected banking services. The bill is currently in the Senate after being cleared by the House five times in different forms. The bill is authored and sponsored by Democratic Congressman Ed Perlmutter who has said that he is irritated with its stalling despite both chambers of Congress having a Democratic majority. He said that when he retires from Congress at the end of this session, he will make sure that the bill has been passed.

Hood shares a similar stance, hoping that the bill gets passed soon.  In the meantime, he says that credit unions and mainline banks should be ready to embrace the marijuana industry. With 38 states having legalized the use, the banking industry needs to be postured and prepared for what cannabis-related businesses are ready to offer.

A recent paper revealed that there was an increase in banking activities in states where marijuana is legal. A report released by the Financial Crimes Enforcement Network (FinCEN) last year revealed more banks are willing to work with cannabis businesses. The number of banking institutions serving marijuana clients went from 689 in the previous quarter to 706.

As for the SAFE Banking Act, a bipartisan coalition made up of two dozen governors is calling for Congress to enact it through the defense legislation, National Defense Authorization Act (“NDAA”).

When marijuana policy reforms are finally implemented at the federal level, the entire cannabis sector, including entities such as Cannabis Strategic Ventures Inc. (OTC: NUGS), will have fewer hoops to jump through in their daily operations.

NOTE TO INVESTORS: The latest news and updates relating to Cannabis Strategic Ventures Inc. (OTC: NUGS) are available in the company’s newsroom at http://cnw.fm/NUGS

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

To receive instant SMS alerts, text CANNABIS to 21000 (U.S. Mobile Phones Only)

For more information please visit https://www.CNW420.com

Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW420, wherever published or re-published: http://CNW.fm/Disclaimer

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420 with CNW — USDA Partners with Cornell University to Conduct Hemp Webinars

The USDA announced last week that it would be teaming up with Cornell University to hold a webinar series that promoted hemp education. According to a press release, the series will feature experts in hemp production, research and academia as well as the private industry.

The first episode, which was held last week, focused on outdoor growing of hemp. The next episode will look into the indoor cultivation of hemp. Other topics to be discussed over the next couple of months include the economics of hemp production, the endocannabinoid system, genetics, food sciences, hemp extraction and hemp processing.

Zachary Stansell, the acting hemp curator in the Department of Agriculture, stated that the department’s Agricultural Research Service (“ARS”) dealt with agricultural challenges which affected all Americans. Stansell explained that hemp was emerging as an economically significant and multiuse crop, which was why the series was designed to increase the inclusivity, equity and diversity of the ARS’ mission while offering hemp-specific training, education and networking opportunities to communities that had historically been underserved.

For every event, experts will discuss the topic in question for about 40 minutes, after which participants will be allowed to ask questions. This partnership announcement comes after the USDA revealed that it was taking necessary action to improve insurance policies for businesses dealing with hemp in an attempt to make them more flexible.

Since hemp was legalized under the 2018 farm bill, the department has sought input from stakeholders as the industry grows in addition to taking some steps to align insurance policies of hemp with those of other lawful plants. For instance, the USDA made it possible for hemp cultivators to quality for Multi-Peril Crop Insurance in 2020, in addition to a couple of other coverage programs for which the plant is now eligible.

The USDA also launched a large-scale survey for hemp farmers as part of its overall outreach to gain insight into the current hemp market. The response forms for this survey, which began in August, can be filled out online or via mail.

In the survey, the department asks questions about the primary and secondary uses of hemp, acreage needed for operations, outdoor hemp production plans and prices producers usually bring in. The department’s main areas of interest include extracts such as CBD, smokable hemp, the plant’s seeds and fiber and grain for human consumption.

The survey is being completed in partnership with the University of Kentucky and the National Association of State Departments of Agriculture. Hopefully, the USDA will use the information collected to pass regulations that give sector actors such as Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) an improved environment within which to do what they do best.

NOTE TO INVESTORS: The latest news and updates relating to Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) are available in the company’s newsroom at https://cnw.fm/RWBYF

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

To receive instant SMS alerts, text CANNABIS to 21000 (U.S. Mobile Phones Only)

For more information please visit https://www.CNW420.com

Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW420, wherever published or re-published: http://CNW.fm/Disclaimer

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CannabisNewsBreaks – Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Vertically Integrating Across Multiple States

Red White & Bloom Brands (CSE: RWB) (OTCQX: RWBYF) reported a 93% year-over-year revenue growth from $6.1 million in Q3 2020 to $11.8 million in Q3 2021. According to RWB chairman and CEO Brad Rogers, the company made excellent progress in laying additional building blocks in its core operating states of Florida, Michigan and California to become more vertically integrated “where it will be most profitable.” In Florida, the company’s operations include active cannabis cultivation sites, an operational processing facility and a dispensary. In Michigan, RWB expects to be vertically integrated upon closing a pending acquisition of an investee whose Michigan facilities include active and planned dispensaries, cultivation sites and company-owned real estate holdings. A recent article quotes Red White & Bloom CFO Chris Ecken as saying, “RWB is being very strategic in pursuing vertical integration only when there is value to be added. We aim to be asset light and brand rich. Our strategy is to support the brands in the most profitable way. As RWB integrated vertically in multiple states, we anticipate that our margins will dramatically increase, enabling us to move toward profitability.”

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

About Red White & Bloom Brands Inc.

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

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

About CannabisNewsWire

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

To receive SMS text alerts from CannabisNewsWire, text “CANNABIS” to 21000 (U.S. Mobile Phones Only)

For more information please visit https://www.CannabisNewsWire.com

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

Do you have questions or are you interested in working with CNW? Ask our Editor

CannabisNewsWire (CNW)
Denver, Colorado
www.CannabisNewsWire.com
303.498.7722 Office
Editor@CannabisNewsWire.com

CannabisNewsWire is part of the InvestorBrandNetwork.

420 with CNW — Amazon Backs Republican-Led Bill Ending Federal Cannabis Prohibition

Late last year, a GOP Congresswoman sent waves across America’s nascent cannabis industry when she introduced a bill to end federal cannabis prohibition in the country and regulate the controversial plant. With cannabis reform being seen as a primarily progressive effort spearheaded by the left, Rep. Nancy Mace’s States Reform Act was meant to act as a compromise between Democrats and Republicans. Although Senate Majority Leader Chuck Schumer and his colleagues had already unveiled a federal legalization bill, it stands little chance of advancing to the President’s desk without Republican support.

In a move that is bound to bolster the GOP-led legislation’s standing in Capitol Hill, Amazon has announced its support for the States Reform Act. Currently the second-largest private employer in America, the e-commerce giant has backed Democrat-led efforts to legalize cannabis in the past, including Schumer’s Cannabis Administration and Opportunity Act. According to Amazon’s public policy division, the company is “pleased to endorse” the Republican-led bill. Amazon believes it is time for America to reform its cannabis prohibition policies, the company says, and it is committed to helping the cannabis reform cause.

Forbes reports that a couple of months after Mace unveiled her cannabis bill, she had a meeting with Amazon during which the Seattle-based multinational endorsed the legislation. Mace has also received the backing of Americans for Prosperity, one of the most influential conservative groups on the globe. And contrary to what many may think, Amazon isn’t throwing its weight behind cannabis reform to create another revenue stream. The e-commerce companies don’t want to sell cannabis, Mace says.

Rather, Amazon’s interest in cannabis reform is partly because it will open up the hiring pool by an estimated 10%, Amazon vice president of public policy Brian Huseman says. The company has already started implementing procannabis internal policies; last year, Amazon updated employee policy to end regular cannabis testing for most of its employees. The policy change, which would also restore employment eligibility for employees who had already been punished for positive THC tests in the past, was celebrated by industry stakeholders and cannabis reform advocates in the country.

At the time, Amazon said the policy change was because it was becoming increasingly difficult to implement a national cannabis testing program that was equitable and consistent due to different state cannabis laws. Furthermore, Amazon said, data has shown that such drug testing “disproportionately impacts people of color” and limits their access to employment opportunities.

With e-commerce giant Amazon warming to the prospect of ending marijuana prohibition, more pressure will pile on federal lawmakers to enact reforms that allow sector players such as BevCanna Enterprise Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) to operate freely across the country.

NOTE TO INVESTORS: The latest news and updates relating to BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) are available in the company’s newsroom at http://cnw.fm/BVNNF

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

To receive instant SMS alerts, text CANNABIS to 21000 (U.S. Mobile Phones Only)

For more information please visit https://www.CNW420.com

Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW420, wherever published or re-published: http://CNW.fm/Disclaimer

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420 with CNW — Congressman Wants to Add Cannabis Banking Language to America COMPETES Act

The sponsor of the SAFE Banking Act, Rep. Ed Perlmutter, recently stated that he’s planning to attach an amendment to the proposal for a broader measure that deals with innovation and research in the manufacturing and technology sectors. The congressman is looking for another vehicle to pursue his initiative after it was removed from a separate defense legislation in 2021.

The measure’s language had been successfully attached to the National Defense Authorization Act on the House side but was removed later, during bicameral negotiations. At the time, the congressman said that senate leadership was to blame for the decision to remove the banking amendment from the legislation.

Perlmutter’s measure has stalled in the senate, despite clearing the house in five forms. The house sponsor’s most recent attempt to get the measure enacted is filing an amendment that contains language from the Secure and Fair Enforcement Banking (“SAFE”) Act to the America COMPETES Act, which doesn’t deal with issues concerning marijuana.

In a press release, Perlmutter stated that small and big marijuana-related businesses and their employees needed access to capital as well as the banking system in order to operate in a safe and efficient manner and compete in the burgeoning global marijuana marketplace. He added that the SAFE Act was a good opportunity to enact federal marijuana reform this year and would ensure that marijuana businesses were treated the same as other legitimate and legal businesses.

The congressman is committed to getting his measure approved and signed into law, despite having plans to retire from congress after this session. It is uncertain whether the America COMPETES Act will be an effective vehicle for the marijuana banking bill.

To be formally considered on the house floor when the organization initiates proceedings for the research and innovation act, the new cannabis banking act amendment will need to go through the House Rules Committee. The deadline for filing amendments was last Friday. The panel is scheduled to take amendments up this week.

This failure to approve the modest banking initiative has some GOP party members puzzled, as Democrats have control of the White House and are also the majority in both chambers. For instance, Republicans such as Rep. Rand Paul have criticized their Democrat counterparts over this issue.

In an interview, Rodney Hood, a federal financial regulator and former chair of the federal National Credit Union Administration, offered advice on how to steer through the state-federal conflict, which had made financial institutions reluctant to work with marijuana businesses, noting that cannabis legalization was a question of when and not if.

When cannabis is finally legalized at the federal level, industry companies such as Flora Growth Corp. (NASDAQ: FLGC) will have a bigger marketplace within which to operate with having to work through a complex mix of laws.

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

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

To receive instant SMS alerts, text CANNABIS to 21000 (U.S. Mobile Phones Only)

For more information please visit https://www.CNW420.com

Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW420, wherever published or re-published: http://CNW.fm/Disclaimer

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420 with CNW — Seven Ways Hemp Seed Oil Can Be Used in Body Care

Hemp seed oil has many uses. Did you know that hemp oils can be used to improve and care for one’s nails, hair and skin? Below we look at a couple of ways to use hemp seed oil in body care.

As a moisturizer

Hemp oils have a lot of nutrients, including omega fatty acids, vitamins and minerals, which help revitalize and moisturize the skin, particularly dry skin. This means that these oils can be used as a brightening and hydrating face mask.

Hemp seed oil masks can also be left overnight for deeper hydration. However, if you already have oily skin, you may break out if you use these masks.

The minerals and omega fatty acids found in hemp seeds also promote healing. This means that applying hemp oils to problematic areas of the skin can prevent them from becoming painful and damaged.

Tackle acne

Hemp seed oil may help reduce and treat the signs of acne by protecting the lipid layer of the skin and hydrating it. This is mostly useful for individuals who have extremely dry skin. Hemp seed oil can also be used to cleanse and remove makeup as its dissolves the waxes and oils in makeup. They are particularly helpful in removing waterproof eye makeup.

Revitalize hair

Some individuals who have damaged hair can use hemp seed oil in place of conditioners to repair and revitalize damaged hair. These oils offer more noticeable effects in comparison to regular conditioners as they provide a deeper level of hydration.

Manage skin irritations

Hemp oils may possess natural anti-inflammatory properties that can be used to treat minor skin irritations and blemishes. Applying hemp oil to inflamed or red areas of skin could offer fast-acting relief.

Evidence has also shown that hemp seed oil can help alleviate symptoms of eczema. A 2005 study found that the addition of a small amount of the oil to an individual’s daily diet relieved signs of eczema.

Strengthen nails

The proteins, minerals, fatty acids and vitamins in hemp seed oil help strengthen and hydrate nails, thereby helping avoid issues such as nails that easily break or that never seem to grow.

Relaxation

Hemp oils infused with calming aromas such as chamomile or lavender are good for relaxation, particularly when they’re used in the evening.

Reduce muscle, joint pains

Hemp creams can be used to reduce pain, improve flexibility, and ease stiff muscles and joints. Some argue that hemp oils can be used in these ways, but you’re advised to opt for a cream that’s developed for treating muscle pain.

Many companies, including American Cannabis Partners, have opted to focus on different segments of the cannabis market, with many of them catering to the needs of people who would like to use marijuana either medicinally or recreationally. Buyers therefore have a huge pool of products to select from to address their needs.

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

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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For more information please visit https://www.CNW420.com

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420 with CNW — Most Americans Would Elect Someone Who Uses Marijuana, Survey Reveals

Many Americans have revealed in a new poll that they have no problem electing an individual who uses marijuana. According to the survey conducted by YouGov, 58% of the interviewees indicated that they would elect someone who takes marijuana in their free time. However, 21% wouldn’t cast that vote.

The data used in the survey was collected from 4,096 individuals based in the United States. This survey comes at about the same time that Senate candidate Gary Chambers (D) released a campaign ad in which he was smoking cannabis. During the now-viral video, Chambers discusses the racial discrimination that comes with the prohibition.

Results from the poll also revealed that the majority of Democrats would be fine with voting in a casual user, with 68% of this group saying that they would be willing to vote in such a person while 15% wouldn’t. Meanwhile 47% of Republicans said they would vote for a candidate who uses marijuana as long as the candidate aligns with their other views.

In a survey conducted by Gallup in 2020, findings revealed that there was an increasing acceptance of candidates who use cannabis. The interviewers found that the consumption of cannabis was more morally acceptable than gay relations, animal testing, a woman’s right to choose whether to abort or not, and the removal of the death penalty.

With increasing legislation of marijuana rolling across the country, there has been rising support from people running for different offices. Incidents of candidates as well as sitting politicians publicly consuming marijuana and sharing its benefits have increased.

Chambers’ campaign video might have hit the mainstream, but this is not the first time a political candidate has done this. In 2020 while running for office in Illinois, Anthony Clark shared his experience using marijuana and even smoked a joint during an ad for his campaign. He hosted a weed party and called for legal reforms. In 2019, House Representative James Comer displayed the CBD oil products that he used in front of a committee hearing. A similar occurrence was seen when State Governor Jay Inslee mentioned that he legally grows marijuana while referring to the Washington State’s laws on cultivation.

It does not come as a surprise, therefore, that public perception on marijuana supports its legality. A recent survey funded by Smart Approaches to Marijuana revealed that as many as 68% of Americans would want cannabis to be legal and regulated for recreational and medical purposes.

As much as the majority supports ending prohibition, it is notable that President Joseph Biden has not made any reforms since beginning his presidency. In a separate YouGov survey, the majority of Americans believe that he will not fulfill his campaign promise of cannabis decriminalization.

The growing support for marijuana legalization has thus far not translated into meaningful legal reforms at the federal level, and this must be frustrating to industry players such as Red White & Bloom Brands (CSE: RWB) (OTCQX: RWBYF) that have to navigate a complex legal maze just to operate in jurisdictions which have created enabling laws.

NOTE TO INVESTORS: The latest news and updates relating to Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) are available in the company’s newsroom at https://cnw.fm/RWBYF

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

To receive instant SMS alerts, text CANNABIS to 21000 (U.S. Mobile Phones Only)

For more information please visit https://www.CNW420.com

Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW420, wherever published or re-published: http://CNW.fm/Disclaimer

Do you have questions or are you interested in working with CNW420? Ask our Editor

CannabisNewsWire420
Denver, Colorado
http://www.CNW420.com
303.498.7722 Office
Editor@CannabisNewsWire.com

CNW420 is part of the InvestorBrandNetwork.