420 with CNW — Having the Marijuana Munchies? Here’s Why

Cannabis has grown in popularity as more states legalize the herb for recreational and/or medical use. The herb can be consumed in different ways, with the most common methods being through edibles and smoking. Most users usually like to have access to their favorite snacks or meals for consumption after a successful smoking session. This is mainly because of the munchies.

While the term munchies is familiar to most, not many know why munchies occur. Today, we look at a couple of factors that can be used to explain why you get munchies after consuming cannabis.

Did you know that inadequate sleep gives rise to the munchies?

How, you might ask? Well, various studies have shown that a poor sleep schedule causes an increase in appetite.

In one study, researchers explained that lack of adequate sleep caused changes in food intake, biasing an individual’s food choices toward options that were more energy dense, without modifying total calorie intake. They added that their results, which focused on the impact of sleep deprivation on the brain, suggested that neural processing of odors was amplified in primary olfactory areas in the brain after sleep restriction.

This means that a full night’s rest may help prevent the munchies.

Additionally, research has also found that THC stimulates the olfactory bulb in a mice’s brain, which causes them to eat more than they normal would. The researchers hypothesize that this also happens in humans.

Data suggests that THC stimulates receptors in the hypothalamus, which causes a hormone known as gherlin to be produced. This hormone regulates hunger.

In addition, cannabis reduces an individual’s inhibitions. The substance causes the release of dopamine, a neurotransmitter that is linked to pleasurable sensations. While there are many benefits to this neurotransmitter, it can also lower an individual’s inhibitions. Dopamine is known to control the pleasure and reward centers in an individual’s brain, which means that once enough THC is consumed, one may find it almost impossible to say no when it comes to eating a favorite meal.

This is why researchers believe that reduced inhibitions have a significant effect on an individual’s cravings and may result in the consumption of foods that they normally wouldn’t consume.

Despite being a tad inconvenient, munchies are no longer a mystery. The next time you have a smoking session with your friends followed by the munchies, you now have an explanation. These sessions are likely to occur more often in areas where cannabis is legal and companies such as Cannabis Strategic Ventures Inc. (OTC: NUGS) operate.

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.

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420 with CNW — Scientists Uncover Cause of Cannabis’ Distinctive Odor

Cannabis has a rich, distinctive odor that’s hard to forget. While plenty of cannabis consumers, especially recreational users, enjoy the skunk-like odor, many users do not. It can be extremely pungent, sticks to clothing and can be hard to get rid of. This makes it difficult to consume either recreational or medical cannabis flower in densely populated communities such as high-rise apartments without affecting others. Now, a new study carried out by a team of California scientists has uncovered the chemical compounds responsible for marijuana’s characteristic aroma.

Previous studies on marijuana’s odor looked mostly at terpenes, which are aromatic compounds produced by most plants that yield a wide range of aromas. Cannabis produces more than 150 terpenes, so it’s only natural that these aromatic compounds create their unique, unforgettable odor. However, scientists from Abstrax Tech, a California-based cannabis research company, have found that in marijuana’s case, terpenes are not responsible for its aroma. Rather, the distinctive smell is caused by a newly discovered family of compounds called prenylated volatile sulfur compounds (“VSCs”).

Coincidentally, skunks also rely on several VSCs to create their acrid spray. This led the scientists to question whether these particles played a role in marijuana’s aroma. To test their hypothesis, they used a custom 2D gas chromatography system equipped with three types of smell detectors to analyze flower from three different cannabis varieties. After the analysis, a four-people panel categorized how pungent each marijuana variety was on a scale of 0 to 10. They found that the Bacio Gelato strain boasted the highest VSCs concentration and had seven different types of prenylated VSCs.

Some of the VSCs found in Bacio Gelato were also present in other cannabis strains. Generally, the team concluded that five types of VSCs were associated with sulfuric or skunk-like aromas. The most common VSC in the most pungent cannabis strains was 3-methyl-2-butene-1-thiol (“VSC3”). This is the compound associated with the smell and flavor of beer that goes bad after being exposed to UV lights, also referred to as “skunked” beer. VSC3 is also present in the cannabis concentrates that are used with vaping products.

Prenylated volatile sulfur compounds are at their strongest and most concentrated toward the end of the flowering stage. Prenylated VSCs achieve peak potency during the curing process when cultivators put marijuana buds in airtight containers to conserve flavor and aroma. According to the researchers, VSCs can provide cardioprotective and anti-cancer benefits.

Now you know that the skunky aroma is one way to ascertain the quality of cannabis flower, whether you are buying from established entities such as Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) or from any other supplier in your area.

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.

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420 with CNW — Think Tank Asks White House to Resolve DEA, HHS Cannabis Review Feud

Dozens of states may have legalized medical marijuana, but the federal government still classifies cannabis as a Schedule I Controlled Substance with no known medical applications. For years, two federal agencies have clashed over which of them should determine marijuana’s medical potential by running an independent, peer-reviewed study on the potential health benefits of cannabis consumption. With no end to the disagreement in sight, a libertarian think tank has sent a letter to the White House Office of Management and Budget (“OMB”) asking it to clear the issue.

As it stands, the scientific literature used to deny petitions to reschedule the controversial plant does not recognize its medical potential. But with more studies finding that cannabis does have some medical potential and more than 30 states allowing their residents to use cannabis for medical purposes, the Competitiveness Enterprise Institute (“CEI”) believes it is time to review the scientific literature — and the group has the law on its side. However, both the U.S. Department of Health and Human Services (“HHS”) and the Drug Enforcement Administration (“DEA”) say conducting this review is the other agency’s responsibility.

HHS provided the DEA with the scientific evidence used to uphold marijuana’s classification in Schedule 1 of the Controlled Substances Act, and according to CEI, this data is flawed. It does not account for the several therapeutic uses that have been approved by states with medical cannabis programs, CEI says.

Independent scientists should be given a chance to go over this data and report whether or not they believe the scientific claims initially made by HHS — that cannabis has no medical potential — is true or not.  By conducting a federal peer review of the data, the agencies may find enough evidence to strengthen the push for federal marijuana rescheduling, the group says.

In its letter to the White House, the CEI stated that both the DEA and HHS had failed in their duties. For starters, HHS should have had the scientific evidence peer reviewed before sending it to the Federal Drug Administration as it would have been used as a basis for regulatory action. Additionally, the CEI says, the DEA shouldn’t have published the HHS report without conducting a peer review of the data if the HHS didn’t. For the past five years, the letter argued, cannabis has been prohibited based on incorrect scientific information.

This isn’t the first time the Competitive Enterprise Institute has raised this issue. In June 2019, the CEI argued that HHS should withdraw its scientific evaluation of marijuana’s potential medical benefits and inform the public that the said information was inaccurate and shouldn’t be used for regulatory purposes until the agency conducted a proper peer review.

Once that review is completed, chances are that cannabis could be removed from the most restrictive CSA category and more patients would be willing to use advanced plant medicine devices such as the RYAH Smart Inhaler made by RYAH Group Inc. (CSE: RYAH).

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 — Why You Should Start Using CBD Skincare Products

In the recent years, we’ve seen interest in CBD increase greatly, especially since the 2018 Agricultural Improvement Act was passed. CBD (cannabidiol) is one of the two most common active ingredients in cannabis, with the other being THC. CBD does not induce a high by itself, unlike THC, which is a psychoactive compound.

The health benefits of CBD have made the compound popular in many industries, the beauty industry among them. CBD skincare products have as a result grown in popularity, with companies producing everything from CBD lotions and soaps to oils.

If you’re curious about the products and would like to try them, below are a few reasons why you should.

Potential as a skin cancer treatment

While most research on the compound focuses on its ability to relieve stress, recent research has found that CBD may be useful in the treatment of skin cancer (melanoma). The study, conducted by researchers from the York College of Pennsylvania, found that CBD could potentially hinder cancer cell development.

It should be noted that the assertion remains inconclusive, with researchers currently focused on examining more of the compound’s effects on melanoma.

May help smooth skin

Using a skincare product with CBD may help one achieve glowing and satin-smooth skin. In addition to having antioxidant properties, CBD also possesses anti-inflammatory properties, which can assist in the reduction of redness and swelling.

Some skincare products infused with CBD also improve itchy and dry skin, with various companies also introducing to the market formulations that can prevent psoriasis, acne and eczema.

If you want glowing skin, consider the use of CBD moisturizing products, especially if you have dry skin or your skin is prone to dryness. It helps that you can choose from oils, serums and lotions that come in a variety of scents, with most popular CBD skincare brands manufacturing their products from 100% organic material.

Could provide an anti-aging ingredient

CBD is known to provide relief from anxiety, chronic pain and stress. In addition to this, when it is infused in skincare products, it can also help decrease the onset of wrinkles and delay aging.

Skin aging is usually accelerated by free radical production, which damages healthy skin cells. CBD can help with this as it contains antioxidants that help counter the effects of free radicals and protect healthy skin cells from them. This is in addition to eliminating toxins from the skin. If you’re interested in looking younger, consider using facial creams and oils that are infused with antioxidants and CBD.

Many companies, including Flora Growth Corp. (NASDAQ: FLGC), can be a good source for CBD skincare products, but you need to do your homework first before settling on a supplier.

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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CannabisNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Subsidiary Brings New Offerings to Dry Herb Market

Flora Growth (NASDAQ: FLGC), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, through its wholly owned subsidiary Vessel Brand, has entered the dry herb market. Vessel Brand is expanding into the market with a line of exclusive products, including an all-in-one dry herb smoking kit with an inverted lighter, a premium grinder, an artful ashtray and the company’s own take on the one-hitter with a spiralized interior. A flagship product in the new line of offerings is the Helix, a patent-pending, pure brass device designed to offer the cleanest inhalation possible. Another item grabbing attention is Vessel’s new customizable, “just-add-flower” Eclipse set, which includes the choice of a one-hitter (either the Helix or Vessel’s tapered glass chillum, called Air) as well as a waterproof Basin stash jar and a carbon lighter. New products still slated for release include a functional concrete-and-walnut ashtray made with concrete and real walnut and the new Grinder, a four-piece construction made with precision-engineered aluminum and magnetic closures for easy use. Flora Growth also announced its upcoming earnings webinar, scheduled for Dec. 14, 2021. Flora CEO Luis Merchan will provide an overview of the company’s operational performance during the call, as well as answer questions. “At Vessel, we work tirelessly to set new industry standards and look forward to continuing to deliver on that brand promise within the dry herb market,” said Vessell founder and CEO James Choe in the press release regarding the company’s expansion into the dry herb market. “These new products are just the beginning of what Vessel has in store for consumers across the globe.”

To view the full webinar, visit https://cnw.fm/Tncs9

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

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.

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.

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420 with CNW — Why Large Companies Are Scrambling to Enter Cannabis Drinks Space

The cannabis drinks segment has been steadily growing in popularity for the past couple of years. As the cannabis market has matured, players in the cannabis space have been developing a wide variety of products in a bid to capture a part of the massive cannabis market. Cannabis-infused beverages are the latest entrant in the cannabis market. Although the space is only a few years old, the global cannabis beverage market is already projected to be worth $2 billion by 2026.

Some of the biggest beverage companies in the world are betting big on cannabis-infused beverages. In March, Canadian cannabis company Canopy Growth, once the largest cannabis company in the world, launched its own brand of flavored CBD beverages called Quatreau in the United States. Six months later, Canopy Growth partnered with New York-based Karna Water to launch CBD-infused water called Karma CBD Water, available at 25,000 retailers across America. In August, American-Canadian brewing company Molson Coors expanded Verywell, its CBD beverage line under Truss USA, a joint venture with HEXO USA Inc. to 17 states.

Michael Bronstein, president of the American Trade Association for Cannabis, says both cannabis companies and mainstream beverage companies have shown considerable interest in cannabis beverages. A Cannabis Beverage Council launched by the association this year has even attracted the attention of Adolphus Busch V, the great-great-grandson of the founder of brewing company Anheuser Busch. Adolphus Busch V is the founder of Colorado-based ABV Cannabis.

Industry analysts say the segment’s popularity is due to three factors: demand for alcohol alternatives amid a generational decline in alcohol consumption, technological advancements that have significantly improved the quality of cannabis drinks, and fewer places allowing people to legally smoke or vape. According to Canopy Growth and Molson Coors, the companies are currently focusing their attention on drinks infused with hemp-derived CBD since THC beverages are still federally prohibited. As the public becomes more aware of CBD’s medical potential, demand for CBD-infused beverages is sure to increase.

A joint survey by Chicago-based company Aclara Research and Ipsos found that although cannabis beverages aren’t used as frequently as edibles, flower or vapes, people are increasingly using them in social situations.

The demand for cannabis beverages actually makes sense, analysts say, when you realize that alcohol consumption has been declining steadily over the past few decades. Beer only makes up 12.5% of generation Z’s alcohol consumption compared to 25% for millennials and 50% for baby boomers and generation X. With business drying up, mainstream beverage companies are casting their nets out for the next big thing.

And as those companies enter this coveted segment, they will have to contend with already established cannabis drinks companies such as BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) that are making their presence felt among consumers.

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.

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420 with CNW — Why Large Companies Are Scrambling to Enter Cannabis Drinks Space

The cannabis drinks segment has been steadily growing in popularity for the past couple of years. As the cannabis market has matured, players in the cannabis space have been developing a wide variety of products in a bid to capture a part of the massive cannabis market. Cannabis-infused beverages are the latest entrant in the cannabis market. Although the space is only a few years old, the global cannabis beverage market is already projected to be worth $2 billion by 2026.

Some of the biggest beverage companies in the world are betting big on cannabis-infused beverages. In March, Canadian cannabis company Canopy Growth, once the largest cannabis company in the world, launched its…

Read More>>

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

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420 with CNW — Insurance, Labor and Financial Groups Urge Legislators to Enact Cannabis Banking Reform

Recently, the United Food and Commercial Workers Union, Credit Union National Association, the American Bankers Association and 11 other organizations sent a letter to Senate leadership urging members to enact cannabis banking reform as part of the National Defense Authorization Act.

The letter implores members of the Senate to adopt language that protects financial institutions that work with state-legal marijuana businesses in the defense bill. Federal data shows that most financial institutions are hesitant to have marijuana companies as clients, which is most probably because of the plant’s classification in the Controlled Substances Act.

In the new letter, the labor groups and financial associations stated that they had joined together as the current state of affairs was unsustainable for communities, workers, law-abiding financial institutions and ancillary businesses. The organizations added that enacting the SAFE Banking Act would also offer legitimate businesses access to necessary protections and insurance products that are offered to other businesses.

The organizations continued explaining that the banking reform would strengthen national security and support the thousands of veterans who depend on the marijuana industry for employment, medical treatment or business opportunities. In addition to this, the groups noted that workers in marijuana-related businesses were constantly in danger because of the cash intensive transactions they completed every day.

The letter maintained that while the organizations understood that establishing a true federal regulatory framework for marijuana was a lengthy process, they believed that the banking reform was a crucial first step in ensuring that legal marijuana marketplaces were transparent, legal and safe.

Other organizations who signed off on this letter include the National Association of Realtors, the Electronic Transaction Association, the National Bankers Association, the American Land and Title Association, the Wholesale & Specialty Insurance Association and the National Association of Mutual Insurance Companies.

In November, the Credit Union National Association along with other credit union associations sent a similar letter to the Senate committee leadership. Members of the Senate Armed Services Committee also sent a letter to legislators urging them to include the SAFE Banking Act in the final National Defense Authorization Act.

Shortly after this, Senators Michael Bennet and John Hickenlooper from Colorado made a similar request in a separate letter to the Senate. Thus far, the House has already adopted language from the SAFE Banking Act in its version of the defense legislation.

However, the measure has stalled in the Senate, with the current Senate Majority Leader suggesting that he’d consider enacting the SAFE Banking Act if it contained provisions on social equity.

Enacting cannabis banking reforms could ease the headaches that the entire industry, including companies such as Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF), have to deal with on a regular basis.

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)

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CannabisNewsBreaks – NCIA’s 7th Annual Cannabis Business Summit & Expo to Debut ‘Show Within a Show’ Sensory Experience

The National Cannabis Industry Association (“NCIA”), the oldest, largest and most influential trade association representing the legal cannabis industry, today announced that it will host the 7th Annual Cannabis Business Summit & Expo. The event is slated to take place at San Francisco’s Moscone Center on Dec. 15-17, 2021, and showcase over 125 speakers, more than 80 educational sessions and hundreds of exhibitors. The expo will combine a strong lineup of exclusive education, exhibitors and experiences under one roof and will feature cannabis industry leaders and advocates. San Francisco Mayor London Breed will open the event with welcome remarks, while Troy Datcher, Calvin Johnson Jr., Anna Symonds and Rachel Rapinoe will serve as keynote speakers. Additionally, the event marks the debut of BLOOM: A Brands Experience, a “show within a show” that provides a unique sensory experience. As such, attendees will have the opportunity to see, touch and smell products from brands specializing in flower, vapor, pre-roll, oils, edibles, and more directly on the show floor.

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

About National Cannabis Industry Association (“NCIA”)

NCIA is the oldest, largest and most effective trade association representing legal cannabis businesses. The association’s membership is comprised of hundreds of forward-thinking businesses and tens-of-thousands of cannabis professionals from coast to coast. NCIA is leading the charge to protect the legal cannabis industry, defend state laws and advance federal policy reforms. Successful businesses are joining NCIA every day to become stronger, smarter and more prosperous by working together to defend and expand the responsible cannabis industry. For more information, visit www.TheCannabisIndustry.org.

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 – Sugarmade Inc. (SGMD) Releases Corporate Update, Notes Nug Avenue Growth

Sugarmade (OTC: SGMD), an emerging leader in the vertically integrated cannabis marketplace based in California, is moving toward new growth initiatives and expanding organically, according to a recent corporate update. The company noted that the expansion was organic, within the framework of its primary operating vision. Currently, Sugarmade operates a Nug Avenue location in Los Angeles, which has seen significant growth since opening its doors in March of this year. Within only three months, the location reported 10,000 unique members, and that impressive growth has continued, with the company most recently reporting 25,000 unique members. Sugarmade is planning to open a second location, with paperwork already submitted; additional properties are also being evaluated for future locations, with some of those properties expanding outside the LA area. In addition, the company reported that it is utilizing the Onfleet last-mile delivery solution with Blaze, which offers the company a competitive advantage. The new technology features AI-based automated dispatch, automatic SMS customer notifications with accurate ETAs, real-time driver tracking, proof-of-delivery, feedback collection tools and powerful analytics, which all combine to ensure an optimal delivery experience for customers. The company reported that, using the new tech, its average delivery time decreased to 41.51 minutes with customer satisfaction increasing to an average of 4.83 out of 5 stars. “We have seen rapid and accelerating organic growth in customers at our initial Nug Avenue location since we opened the doors in March,” said Sugarmade CEO Jimmy Chan. “The good news is that this trend survived reopening, with a reduction in pandemic-related measures and regulations having no impact on our growth. That provides a very healthy backdrop as we look ahead to opening new locations, upgrading our service, and verticalizing our model through our own cultivation resources.”

To view the full press release, visit https://cnw.fm/7t8ga 

About Sugarmade Inc.

Sugarmade is a product and branding marketing company investing in operations and technologies with disruptive potential. The company’s portfolio includes CarryOutsupplies.com, SugarRush(TM), NUG Avenue, Lemon Glow and Budcars. For more information about the company, 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

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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