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 – Grapefruit USA Inc. (GPFT) Submits NNCP Filing with Health Canada

Grapefruit USA (OTCQB: GPFT), an innovative California-based cannabiotech company, announced that it has filed Form 8-K with Health Canada; the filing is GPFT’s Notice of New Cannabis Product (“NNCP”) with Health Canada. Once GPFT receives approval of the NNCP from Health Canada, the company will be able to offer its patented Hourglass(TM) Time Release THC+CBD-Infused Topical Delivery Cream under the Canadian Federal Cannabis Act throughout Canada. The act, which became effective in 2018, provides national guidelines for legal access to cannabis as well as the product, distribution and sale of the substance. Canada became the second country in the world to formally legalize the cultivation, possession, acquisition and consumption of cannabis and cannabis-based products; it is the first G7 and G20 nation to federally legalize cannabis. Health Canada is the Canadian federal government licensing authority that oversees the implementation of the act, and all cannabis products must meet its federal regulatory requirements before they can be sold in Canada. “A filing on Form 8-K is only appropriate for truly material events,” said Grapefruit CEO and cofounder Bradley J. Yourist in the press release. “The filing of the NNCP is one of the most material events in Grapefruit’s history, as approval by Health Canada will allow us to commence sales of Hourglass technology-based THC and THC/CBD products in the largest federally legal cannabis market in the world. The world’s best cannabis topical delivery cream will then be available in the world’s largest national legal THC market — a perfect complement to Grapefruit’s California sales of THC/CBD Hourglass products and worldwide sales of Hourglass technology powered non-THC, hemp-based CBD products.”

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

About Grapefruit USA Inc.

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

About CannabisNewsWire

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

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CannabisNewsBreaks – Marijuana Company of America Inc. (MCOA) Announces Strategic Distribution Agreement Between Wholly Owned cDistro and dosist health

Marijuana Company of America (OTC: MCOA), a diversified holding company with operations and investments throughout the cannabis industry, today announced that its wholly owned subsidiary cDistro has reached an agreement with dosist health to distribute its award-winning line of high concentration CBD+ formulas and products. According to the update, cDistro will expand the rapidly growing distribution locations for dosist health CBD products to drive sales and further establish cDistro in the distribution marketplace. “This agreement represents a tremendous opportunity for cDistro,” said cDistro’s President Ron Russo. “I look forward to working with dosist health and their award-winning product portfolio to provide industry leading sales and service execution to some of the nation’s largest and fast-growing smoke and vape shops, wholesalers, c-stores, specialty retailers and large retail chains.”

To view the full press release, visit https://cnw.fm/9TxpK

About Marijuana Company of America Inc.

Marijuana Company of America operates and invests in the cannabis sector directly. MCOA’s wholly owned operations include: CDistro — one of the THC, hemp and CBD cannabis industries’ fastest growing distribution companies, hempsmart(TM) — a premium CBD company, and VBF Brands Inc. — a cannabis nursery cultivation facility in Salinas, California, which is a cultivator and distributor utilizing its own growing systems to produce desirable cannabis clones. The company’s core mission is to leverage its experience and access to capital to identify and invest in acquisitions with unique growth potential in the cannabis and CBD marketplace. For more information, visit www.MarijuanaCompanyofAmerica.com.

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420 with CNW — Spanish Study Finds That Young Cannabis Users Enjoy Better Sexual Function, Orgasms

According to a Spanish study published in December 2021, young people who smoke cannabis and consume alcohol tend to enjoy an overall superior sexual function and orgasms when compared to their peers who don’t smoke cannabis or don’t drink alcohol.

The research team was motivated to undertake this study because much of the existing scientific data on this subject tended to be contradictory, with some studies indicating that marijuana consumption improved sex life while others concluded that smoking marijuana had a detrimental effect on an individual’s sex life. The team based at Almeria University decided to design its own observational study in order to assess the effects of cannabis consumption on sexual function. The team opted to use the top three frequently used surveys that help in identifying potentially risky cannabis and alcohol use, in addition to ascertaining what effects that had on sexual function.

In the first six months of 2020, a total of 89 males and 185 females were assessed in accordance with the study design of the research team. These individuals were all in the age bracket of 18 to 30 years of age, and each participant was either a regular marijuana user or a regular user of alcohol or they didn’t use either of the two substances of interest. The team excluded anyone who had diabetes, high blood pressure and other conditions that could impact the person’s sexual function. Those using other substances such as MDMA or opiates were also excluded.

The researchers found that the individuals categorized as being in the high-risk group of cannabis consumers yet belonging to the moderate risk group of alcohol users exhibited better sexual function and orgasms. Additionally, individuals who used alcohol a lot tended to report a lower sexual function when compared to the marijuana high-risk group.

The University of Almeria team posits that cannabis helps to remove shame and anxiety, which could explain why high-risk users of this substance report better sexual function and orgasms. The researchers didn’t observe any significant differences between the sexual function of females and that of males in the study.

The team believes that by focusing on a younger demographic, they may have found the reason why previous studies on the subject reported contradictory findings. This is because older study subjects, especially males, were prone to declining sexual function, unlike the 18 to 30 year-old group, which rarely reports cases of erectile dysfunction.

The researchers note that future studies need to explore any potential effects on sexual function and orgasms among cannabis and alcohol users with respect to the different kinds of relationships, such as long-term relationships vs. sporadic or one-off encounters.

Such studies on marijuana would be further enriched if they made use of some of the existing hi-tech devices such as the RYAH Smart Inhaler manufactured by RYAH Group Inc. (CSE: RYAH) while documenting the precise dosage of marijuana that participants are taking during the sessions of interest.

NOTE TO INVESTORS: The latest news and updates relating to RYAH Group Inc. (CSE: RYAH) are available in the company’s newsroom at https://cnw.fm/RYAH

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 — SAFE Banking Act Sponsor Vows to See Bill Passed Before He Retires

Operating in the legal cannabis space is no mean feat. Due to the plant’s federal status as a controlled substance, marijuana businesses have to deal with a lot of issues that players in other industries don’t even have to think of. For starters, most banks refuse to work with marijuana businesses in fear of federal reprisals, forcing the businesses to operate on a largely cash-only basis. This makes accounting and filing taxes extremely cumbersome and makes the business prime targets for criminals.

For quite a while, industry stakeholders have argued for some kind of policy or regulation that would allow these companies access banking services. The only lawmaker who heeded the call was Rep. Ed Perlmutter, who introduced the Secure and Fair Enforcement (“SAFE”) Banking Act to the House of Representatives in March 2019. The legislation would prohibit federal banking regulators from penalizing banks that provided financial services to legal cannabis businesses. Despite the potential benefits it could provide to the industry, the SAFE Banking Act did not gain the traction it needed to advance.

While the House has approved some form of the SAFE Banking Act, it failed to advance past the Senate in any form even when the Democrats had majority votes. Perlmutter, who recently announced that he would be retiring from Congress come next election, says this has left him “pretty irritated.” Senate Majority Leader Chuck Schumer has consistently stood in the way of his bipartisan legislation. Schumer has been working on a federal legalization bill with federal lawmakers for some time now, and he does not want banking legislation before comprehensive cannabis reform is enacted.

With Perlmutter now in his final days as a lawmaker, he says he will use his remaining time to push the SAFE Banking Act and see get it approved. He “absolutely” believes that if the bill lands on President Joe Biden’s desk, the president will sign it into law. Forty-seven states now have some kind of marijuana market, he says, and this greatly underscores the need for “legitimate banking services.” So although he’s a frustrated with the SAFE Banking Act’s lack of progress, Perlmutter believes that the bill’s passage is a “no brainer.”

He plans on playing a major role in helping to establish cannabis banking and hopes legislators will be able to get the bill through the senate and onto the president’s desk by the end of the year. If this law were to be enacted, cannabis sector players such as Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) would have one less regulatory hurdle to face in their bid to expand their operations and address the needs of more consumers.

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

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CannabisNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Appoints Renowned Genetics, Cultivation Expert as Advisor

Flora Growth’s (NASDAQ: FLGC), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, has named Derek Pedro, an industry-leading cannabis genetics and cultivation expert, as an advisor. Pedro is recognized as a pioneer in the cannabis industry and has consulted on cannabis genetic and cultivation projects around the world, including Canada, the United States, Latin America, Europe and China. In his role at FLGC, he will focus on developing the company’s current register of high-THC and high-CBD strains. The company hopes to offer cannabis flower offerings that are uniquely Colombian to both domestic and international markets. Flora Growth is committed to increasing its cannabis production, and Pedro’s appointment is seen as a way to support the company’s continued adaptation of proven genetics to the unique Colombian climate at one of the lowest cost bases in the world. With more than three decades of experience, Pedro has developed and cultivated hundreds of strains with more than 50 being commercialized within the legal Canadian market; his high-THC strain, called Pedro’s Sweet Sativa, was named top sativa flower in Canada by King Magazine. “As an internationally recognized industry expert and innovative cultivator, the appointment of Derek Pedro aligns perfectly with our goals to optimize our expanding Cosechemos facility operations and increase our varietal offering of cannabis flowers,” said Flora Growth president and CEO Luis Merchan in the press release. “Mr. Pedro has a well-earned reputation as one of the world’s leading experts on cannabis cultivation, and we are thrilled to have him join us as we develop our growing portfolio of brands and expand our global distribution.”

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

About Flora Growth Corp.

Flora is building a connected, 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.

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CannabisNewsBreaks – Sugarmade Inc. (SGMD) Moves to Enter Rare Cannabinoid Market Through License Agreement for Patented THC-V-Rich Chemovars

Sugarmade (OTC: SGMD), an emerging leader in the licensed cannabis sector, today announced its entry into a binding letter of intent (“LOI”) with GenCann Inc., the exclusive licensor for a set of cannabis chemovars particularly rich in the cannabinoid tetrahydrocannabivarin (“THC-V”) (the “GenCann Chemovars”). Under the terms of the LOI, Sugarmade and its licensed cannabis cultivator partners will be granted a five-year license to cultivate what the company believes to be some of the highest THC-V-containing strains in existence. Sugarmade and GenCann plan to begin immediate clone production, upon the signing of the final agreement, with a cultivation program beginning in Lake County, California, this spring. “While THC-V is sometimes referred to as a ‘rare cannabinoid,’ we believe the term no longer applies relative to our planned cultivation effort using GenCann’s Chemovars,” said Jimmy Chan, CEO of Sugarmade. “The test results from certified California laboratories of these chemovars are certainly impressive, with THC-V yields in flower of up to 8%. We think the GenCann Chemovars are a game-changer in the cannabinoid space. Sugarmade plans to make a substantial commitment to bring products based on THC-V to the California market and perhaps to other states in the future. Stay tuned for our upcoming product plan announcements.”

To view the full press release, visit https://cnw.fm/jsA3l

About Sugarmade Inc.

Sugarmade is a product and branding marketing company investing in operations and technologies with disruptive potential. The company’s brand portfolio includes CarryOutsupplies.com, SugarRush(TM), NUG Avenue, Lemon Glow and Budcars. Sugarmade is also the first licensee of the unique and patented GenCann Inc. THC-V rich chemovars. For more information, please visit www.Sugarmade.com.

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420 with CNW — State, Federal Officials Work Together on Draft Cannabis Standardization Proposals

America’s state-legal cannabis industry may be incredibly lucrative, but it is far from perfect. Barely more than a decade old, the sector is known for its patchwork laws and lack of standardization. For quite a while, industry stakeholders and reform activists have argued for the creation of standard rules and procedures. This would make interstate trade possible and allow the industry to really grow. Last week, local, state and federal officials met to discuss proposals that could end up in a federal handbook for cannabis regulation.

Cannabis was on the agenda for two National Conference on Weights and Measures (“NCWM”) committees this past week. If the cannabis-related items that were raised during these meetings are approved in subsequent meetings, they will most likely be incorporated into the National Institute of Standards and Technology’s (“NIST”) federal guidance. A proposal from the Laws and Regulations Committee would establish a standard definition for cannabis and cannabis-infused products, standard requirements for packaging and labeling, and a definition for the water activity range of cannabis.

The proposals for the definition of cannabis and cannabis-infused products as well as the water activity range moved forward and can be adopted into the NIST handbook in July when the committee reconvenes. However, the proposal for the creation of a national standard of weighing marijuana-containing packages didn’t advance and won’t be eligible for addition into the NIST handbook. It will be up for discussion in the future and will most likely be reworked.

The Specifications and Tolerances Committee unveiled a proposal that would create “scale suitability requirements” for selling bulk cannabis to dispensaries in legal states directly. This proposal didn’t advance, and committee members are still working on it.

Text from the proposal states that the need for uniform standards for scale suitability has increased significantly as more states have legalized various forms of cannabis. Uniform requirements across different states will make it much easier for each jurisdiction to regulate their cannabis sector in a “fair and equitable manner,” the proposal claims.

Matthew Curran, food safety director at the Florida Department of Agriculture and Consumer Services, says the country’s state-legal cannabis sector needs standards regulations. The proposals unveiled at the meeting can potentially become the “first national standards” through a national consensus organization with a connection to every state, he says. Standard regulations will provide harmony across state lines, streamline regulation and give sector players such as Cannabis Strategic Ventures Inc. (OTC: NUGS) room to grow.

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

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420 with CNW — Four Ways to Benefit from Medical Marijuana in 2022

With medical marijuana legal in 37 U.S. states, chances are high that you could be a resident in one of the states where patients with any of the qualifying health conditions can legally access and use marijuana therapeutically. We discuss below some of the ways through which you can support your health and wellness by incorporating medical cannabis into your routine this year.

Winter aches and pains

Whether your muscles are sore due to several hours spent skiing or engaging in another winter sport, or the bitter cold of the season has made your chronic pain a tad worse, medical marijuana could be of help. Chronic pain is actually one of the qualifying medical conditions for which patients can enroll into the medical marijuana programs in several states where this use of cannabis is legal.

Complementary medicine

Many patients in different states use marijuana either alongside their pharmaceutical medicines or as standalone treatments to manage different symptoms. Since the research on this is still scant, it is best to talk to your doctor first before adding medical marijuana to your treatment plan. The doctor will advise you about any possible drug-on-drug reactions and what you can do about this possibility.

Support mental health

Many health challenges have the potential to trigger anxiety, stress or even depression. The seasonal changes that occur as the year progresses can also trigger mental issues, such as the notorious “winter blues.” Medical marijuana has exhibited the potential to help in managing some of these mental health conditions, and you could also benefit from this potential therapeutic effect.

Alleviate digestive issues

Whether your digestive issues and nausea stem from overindulging in holiday treats or those symptoms are triggered by a medical condition or medication, medical cannabis may help you address those digestive issues. For example, a 2021 study found that marijuana can offer near-immediate relief from nausea.

You have probably heard about the cannabis munchies, and this phenomenon points to marijuana’s potential effects on appetite. It may be worthwhile for you to talk to your doctor if you suffer from digestive issues and think that medical marijuana could be of help.

As you can see, medical marijuana has the potential to help with a number of symptoms that may be afflicting you as 2022 gets underway. If you have a diagnosis for which medical marijuana can be of help in the state where you reside, consult your primary healthcare professional for advice on how to benefit from this versatile plant. Your 2022 may take a turn for the better, especially when you do your homework and identify reputable companies such as Simply Sonoma Inc.

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CannabisNewsBreaks – Flora Growth Corp.’s (NASDAQ: FLGC) Products Ready for New International Markets

Flora Growth Corp. (NASDAQ: FLGC) is entering 2022 with momentum from the past year’s aggressive growth campaign for its global cannabis-derivative brand distribution of pharmaceuticals, cosmetics and nutraceuticals. While the COVID-19 pandemic has had a deleterious effect on the global sustainability agenda, Flora Growth has prioritized value-chain sustainability among each of its brands, acting at a local level to establish products that will have a beneficial effect on communities and the world at large. Flora’s core product, organic cannabis oil, comes from an inherently sustainable process at the company’s cultivation site in central Colombia. “The company recently began filling the initial orders for its Mind Naturals and Awe CBD skincare brands in Spain and Mexico. They expect to begin distribution of medical cannabis products throughout Europe during the coming year thanks to a pathway established through an investment program with European Union GMP partner Hoshi International Inc.,” a recent article reads. “After months of preparation, our products meet all the needs of today’s consumers, and we are ready for new international markets,” Flora Beauty General Manager Andrew Restrepo stated when the Mind Naturals and Awe CBD orders were announced.

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

About Flora Growth Corp.

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

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CannabisNewsBreaks – Sugarmade Inc. (SGMD) Further Verticalizing Model to Drive Shareholder Value Through Margin Gains

Sugarmade (OTC: SGMD), an innovator in the dynamic California cannabis sector, has made significant progress toward its goal of becoming a central player in the growing California cannabis space. Sugarmade recently announced that its wholly-owned subsidiary, Lemon Glow Company, has received a conditional use permit (“UP”) number from the Community Development Department of Lake County, California — an important step toward full approval to cultivate cannabis on the property. The Lemon Glow property has an annual potential cultivation yield that could reach as much as 4,000 pounds of dry trimmed cannabis flower per acre, or approximately 128,000 pounds or 64 tons. “We are excited to see the process moving forward for our Lemon Glow property, which represents an important strategic asset as we further verticalize our overall model,” stated Sugarmade CEO Jimmy Chan. “Ramping up our cultivation resources is a significant step in fully leveraging a vertical model to drive shareholder value through margin gains.”

To view the full article, visit https://cnw.fm/OD7vK

About Sugarmade Inc.

Sugarmade is a product and branding marketing company investing in operations and technologies with disruptive potential. The company’s brand portfolio includes CarryOutsupplies.com, SugarRush, NUG Avenue, Lemon Glow, and Budcars. For more information, please visit www.Sugarmade.com.

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

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