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 – BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE:7BC) Launches Keef Beverages in Ontario Through the OCS

BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC), an emerging leader in innovative health and wellness beverages and products, today announced the shipment of its award-winning Keef Brands cannabis-infused beverages to the Ontario Cannabis Store (“OCS”). According to the update, the Keef products will be available in Ontario retail locations across the province and online at OCS.ca in October 2021. The products are also expected to hit British Columbia and Alberta shelves by early November 2021. “We’re very excited to launch these top-selling and highly anticipated beverages in Ontario through the OCS,” said BevCanna’s President Melise Panetta. “The OCS is the largest retailer of cannabis products in Canada and will set the stage for rapid expansion across the country. It’s a significant milestone for BevCanna and will act as the model for future launches for our existing and new beverage partners and clients.”

To view the full press release, visit https://cnw.fm/A3Lpf

About BevCanna Enterprises Inc.

BevCanna Enterprises is a diversified health and wellness beverage and natural products company. BevCanna develops and manufactures a range of alkaline, plant-based and cannabinoid beverages and supplements for both in-house brands and white-label clients. With decades of experience creating, manufacturing and distributing iconic brands that resonate with consumers on a global scale, the team demonstrates an expertise unmatched in the nutraceutical and cannabis-infused beverage categories. Based in British Columbia, Canada, BevCanna owns a pristine alkaline spring water aquifer and a world–class 40,000–square–foot, HACCP-certified manufacturing facility, with a bottling capacity of up to 210M bottles annually. BevCanna’s extensive distribution network includes more than 3,000 points of retail distribution through its market-leading TRACE brand, its Pure Therapy natural health and wellness e-commerce platform, its fully licensed Canadian cannabis manufacturing and distribution network, and a partnership with #1 U.S. cannabis beverage company Keef Brands. For more information about the company, visit www.BevCanna.com.

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

About CanadianCannabisWire

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

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CannabisNewsBreaks – InMed Pharmaceuticals Inc. (NASDAQ: INM) Eyes Commercial Plans to Become B2B Wholesale Supplier of Rare Cannabinoids

InMed Pharmaceuticals (NASDAQ: INM), a clinical-stage company based in British Columbia, Canada, is focused on advancing a pipeline of cannabinoid-based pharmaceutical drug candidates. The company is developing a proprietary cannabinoid synthesis manufacturing system known as IntegraSyn(TM), which is designed to advance rare and lesser-known cannabinoid production to commercial levels. A recent article discussing this quotes InMed CEO Eric A. Adams. “The next key milestone is to manufacture our first large-scale batch through a pharma-grade-ready process in the coming months. We will continue to optimize the process and scale up the IntegraSyn process into larger vessels,” Adams said in a recent Vista Partners interview. “Considering our production methodology is being designed with the flexibility to produce multiple cannabinoids, it opens up many different markets and consumer categories. We continue to develop relationships with contract manufacturing organizations for scale-up of the process with the anticipation of commercializing the process shortly. Our immediate commercial plans are to become a B2B wholesale supplier of rare cannabinoids to companies that are seeking to integrate rare cannabinoids into their marketed products.”

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

About InMed Pharmaceuticals Inc.

InMed Pharmaceuticals is a clinical-stage company developing a pipeline of cannabinoid-based pharmaceutical drug candidates, initially focused on the therapeutic benefits of cannabinol (“CBN”), and is developing IntegraSyn(TM) to produce pharmaceutical-grade cannabinoids. The company is dedicated to delivering new therapeutic alternatives to patients who may benefit from cannabinoid-based pharmaceutical drugs. For more information, visit www.InMedPharma.com.

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

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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CBDNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Completes First Step in European Expansion Plan

Flora Growth Corp. (NASDAQ: FLGC) recently closed a €2 million investment in Hoshi International Inc., a fully integrated cannabis company, and uniquely positioned to become the leading provider of cannabis and derivative products for the budding European market. With the investment, Flora is set to capitalize on Hoshi’s strong European presence as well as leverage its technical know-how and understanding of its European market to not only expand its reach but also obtain its European Union Good Manufacturing Practices (“EU-GMP”) certification. A recent article reads, “Flora hopes to capitalize on Hoshi’s understanding of and presence within the European market to capitalize on its strategic growth plans. Closing this investment is a step in the right direction and a first in Flora’s overall expansion plan to venture into the European market for its cannabis products.”

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

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.

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

About CBDWire

CBDWire (CBDW) is a specialized information provider focused on (1) reporting CBD-related news and updates, (2) releasing CBDNewsBreaks crafted to keep investors abreast of the latest and greatest in the CBD market, (3) refining and enhancing corporate press releases, (4) delivering end-to-end distribution and social media services to client-partners and (5) constructing effective corporate communication solutions based on the unique requirements of CBD companies. CBDW is exclusively positioned in the burgeoning CBD sector with a proven team of journalists and researchers working to deliver high quality content to an expansive target audience of investors, consumers and industry news outlets. Our dissemination network of over 5,000 downstream distribution points allows us to deliver unparalleled reach, visibility and recognition to companies operating in both cannabidiol and the wider cannabis space. CBDWire (CBDW) is where CBD news, content and information converge.

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CannabisNewsBreaks – Hero Technologies (HENC) Announces Subsidiary Receive Key Approval for Cannabis Licenses

Hero Technologies (OTC: HENC), a cannabis company, and its subsidiary BlackBox Systems and Technologies LLC, has received step 1 prequalification approval for a class C adult-use cannabis license in the state of Michigan. The company also fulfilled the requirements for step 1 prequalification approval to receive a class C medicinal use cannabis license in Michigan. With these steps taken, the company now plans to start the process for step 2 establishment use or full license approval for a newly constructed medical marijuana facility. According to the announcement, once Hero Technologies completes step 2 with the Michigan Marijuana Regulatory Agency (“MRA”), it has already obtained approval from the township of Pulaski for three class C medicinal use cannabis licenses. When the company completes construction on the planned greenhouses and obtains a certificate of occupancy, along with a final MRA inspection, final approval and licensing for both medicinal and adult-use licenses will be granted. “Michigan’s two-step marijuana licensing process is one of the toughest in the country, and passing the scrutiny of state regulators for license prequalification should give our shareholders great confidence in our Michigan business plan,” said Hero Technologies CEO Gina Serkasevich in the press release. “The state of Michigan is also one of the fastest-growing cannabis markets in the nation, with monthly sales approaching $150 million in only the second year of legal operations, so our shareholders should also be excited about our near-term prospects for rapid growth.”

To view the full press release, visit https://cnw.fm/TLa86

About Hero Technologies Inc.

Hero Technologies is a cannabis company working toward a vertically integrated business model. The company owns a majority stake in BlackBox Systems and Technologies LLC, an aeroponic cannabis cultivation system that provides optimal growing conditions to enhance photosynthesis and cultivation of large flowering plants, creating increased harvest efficiencies. The company’s strategic business plan includes cannabis genetic engineering, farmland for both medical and recreational cannabis cultivation, production licenses, distribution licenses, consumer packaging, and retail and dispensary operations that make the company a multi-state operator (“MSO”). For more information about the company, please visit www.HeroTechnologiesInc.com.

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

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CBDNewsBreaks – The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER) Unveils New A88CBD(TM) Functional Waters

The Alkaline Water Company (NASDAQ: WTER) (CSE: WTER), the country’s largest independent alkaline water company, has launched a new line of A88CBD(TM) functional waters powered by Vessl(R). The new natural CBD functional waters have six options: Relax, Refresh, Rest, Reenergize, Relief and Resistance. The new offerings feature the patentedVessl closure technology, which is designed to provide fresher ingredients and flavor. The new brand, which represents a strategic move into the functional beverages space for WTER, will be sold under the company’s A88 Infused Products Division Inc. With the Vessl closure technology, the CBD and other active, functional ingredients are stored in a pressurized chamber in the bottle cap. The ingredients are released when the consumer twists the cap open, providing an instant infusion of fresh flavor and functionality. “The Alkaline Water Company is pleased to bring another product innovation to the market in the multibillion-dollar functional beverage category,” said The Alkaline Water Company CEO Ricky Wright in the press release. “Our current A88CBD Lemon Lime is having tremendous success in the marketplace, and our customers have asked us to expand into functionality, additional nonfunctional flavors and a nonflavored plain CBD alkaline water. Within the next 60 days we’ll have nine total A88CBD waters in the marketplace. . . . According to industry projections, the CBD beverage category alone will be over $1 billion by 2025, and A88CBD is first-to-market in the category with this amazing Vessl technology.”

To view the full press release, visit https://cnw.fm/tdq7h

About The Alkaline Water Company

Founded in 2012, The Alkaline Water Company is headquartered in Scottsdale, Arizona. Its flagship product, Alkaline88(R), is a leading premier alkaline water brand available in bulk and single-serve sizes along with eco-friendly aluminum packaging options. With its innovative, state-of-the-art proprietary electrolysis process, Alkaline88(R) delivers perfect 8.8 pH balanced alkaline drinking water with trace minerals and electrolytes and boasts the company’s trademarked Clean Beverage label. Quickly recognized as a growing lifestyle brand, Alkaline88 created the A88 Infused(TM) Beverage Division in 2018 to meet consumer demand for flavor-infused products. A88 Infused(TM) flavored water is available in six unique all-natural flavors, with new flavors coming soon. To learn more about the company, please visit www.Alkaline88.com and www.TheAlkalineWaterCo.com.

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

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CannabisNewsBreaks – Cannabis Strategic Ventures Inc. (NUGS) Announces Final Regulatory Approval for Prior Acquisition of Four California Cannabis Licenses

Cannabis Strategic Ventures (OTCQB: NUGS), an emerging leader in the U.S. cannabis marketplace, today announced the long-awaited completion of the transfer of cannabis licenses related to strategic activity from 2019 by the state of California and the city of Los Angeles. According to the update, the company, on June 9, 2019, entered into a material definitive agreement with LW Ventures Inc., under which the company was required to restructure its preferred equity and issue common shares to exchange for shares of LW. In turn, LW agreed to fund company operations up to $8 million and to provide the company with four cannabis licenses issued by the city of Los Angeles and the state of California for the retail sale, cultivation, distribution and manufacturing of cannabis products. However, approval to acquire and transfer the licenses by the city of Los Angeles and state of California was delayed due to the Covid-19 pandemic. NUGS confirmed in the update resolution of the issue and receipt of final regulatory approval for the prior acquisition of four California cannabis licenses. “We are thrilled to finally get past these delays,” said Simon Yu, CEO of NUGS. “These four licenses provide the regulatory backing for a series of major next steps critical to realizing our vision of becoming a top-tier farm-to-door vertically integrated premium cannabis company with dominant positioning in the thriving California cannabis marketplace. . . I look forward to presenting a more detailed view of those next steps very soon.”

To view the full press release, visit https://cnw.fm/M2xHH

About Cannabis Strategic Ventures Inc.

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

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420 with CNW — Hemp Industry Experts Say Regulations Would Boost Sector

For nearly a century, hemp has been at the mercy of prohibitionist policies that outlawed the cultivation and sale of industrial hemp in America. But after the 2018 Farm Bill legalized hemp and allowed states that were interested to create hemp programs, a robust industry quickly grew around the plant. By the end of 2020, the U.S. hemp industry had generated nearly $10 billion in sales, partly due to the rising popularity of cannabidiol (“CBD”), a hemp extract said to have potent medical properties.

However, the industry is barely regulated by the federal government. Each state has its own rules, leading to a patchwork of hemp regulations across the country, and the relevant authorities still haven’t created a comprehensive regulatory structure for hemp. Stakeholders and lawmakers have urged the U.S. Food and Drug Administration (“FDA”) to craft hemp regulations, but the federal agency has been dragging its feet. In the wake of the FDA’s rejection of a proposal to allow the sale of full-spectrum CBD as a dietary supplement, industry leaders say hemp would benefit a great deal from regulation.

Priyanka Sharma, cofounder of Kazmira, a Denver-based, industrial-scale producer of CBD isolate, says that regulation would raise the bar for high-quality production and manufacturing processes and ensure customers get products with safe ingredients. FDA approval would also provide sellers with the most-effective product format, Sharma says, allowing for much-needed toxicology and safety studies on hemp extracts such as CBD. According to Jeniffer Knaack, the senior director of compliance and science at Koi CBD in California, hemp products deserve just as much legitimacy as other botanical supplements. Federal prohibitionist policies against cannabis and hemp have created significant barriers to research, commerce, and investment, she says.

Federal regulation with a focus on science and research into hemp extracts would ensure the U.S. hemp industry is grounded in science and put the safety of the consumers first, says Knaack. Mark Montgomery, the cofounder and CEO of Tennessee-based NuSachi Holdings concurs, stating that the only reason there are bad actors in the CBD space is that hemp does not have any standards of operation or product quality. High production standards require investment in talented staff and suitable technology, and companies that hold themselves to high standards will be at a disadvantage compared to the bad actors that would rather make a quick buck at the expense of customers’ health.

Emily Leongini, a regulatory attorney with the FDA and a partner at Los-Angeles based Arent Fox, says the myriad of different hemp rules in different states provides a significant challenge for companies that want to expand. Not only is modifying products to meet contrasting standards in different states not commercially viable, but it also exposes them to consumer class litigation risks. Leading CBD industry actors such as The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER) would prefer operating conditions in which such unnecessary risks are avoided, so federal regulations would be a welcome development.

NOTE TO INVESTORS: The latest news and updates relating to The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER) are available in the company’s newsroom at http://cnw.fm/WTER

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 — How Hemp Growers Can Safeguard Produce from Disasters

Floods and hurricanes affecting states in the East and drought conditions prevailing across the country, particularly in the Western region, have made this year’s conditions for crop production unpredictable. To protect their investments, cannabis and hemp producers are working to secure insurance for their crops. However, this is not an easy feat, considering hemp has been federally illegal for a longer period of time than it has been legal.

Hemp was legalized under the 2018 Farm Bill, which allowed producers to pay for private insurance policies as well as secure crop insurance through the Department of Agriculture. As more states legalize recreational and medical cannabis, commercial insurance providers have been preparing to expand their coverage. However, there are limits on how far their coverage can reach.

With regard to drought insurance, federal agriculture regulators are allowing emergency practices to help crop producers affected by drought conditions. The Risk Management Agency has also been working with crop insurance companies to make payments more efficient to policyholders in drought areas. Earlier this month, the agency also announced that it would be extending crop insurance deadlines to give producers more time to pay their administrative fees and premiums. In addition, the agency also permitted approved insurance providers to waive interest fees on written payment agreements for another 60 days.

Producers of hemp who hold crop insurance policies should contact their agents if they notice any damage in order to give the insurance companies time to appraise their crop prior to replanting or cutting. It should be noted, however, that most insurance companies don’t provide crop insurance for outdoor growing fields, despite the fact that all insurance is considered to be disaster insurance.

Most insurance agents sell both private and federal insurance policies, which means they possess the tools to help hemp farmers develop custom programs. Elite Risk Insurance Solutions owner Jeff Kleid states that insurance solutions are often based on gathering direct feedback from growers, which is combined with accumulated data.

For lower-level coverage and smaller farmers, creating custom coverage programs is a good option while larger hemp growers may benefit from a hybrid program, which may have high-deductible plans.

Private policies usually include inventory, equipment coverage, product liability and living plant coverage. Farmers are allowed to add different weather events and crop coverages for disasters to their policies as well.

When acquiring insurance, farmers should keep in mind that insurance companies are more willing to cover disaster events such as wildfire for indoor hemp growers operating in warehouses or greenhouses.

Established players in the CBD/hemp sector such as Golden Triangle Ventures Inc. (OTC: GTVH) know all too well that a ruined crop will not yield high-quality products, so every effort must be made toward ensuring that the crop is given all the care and protection required.

NOTE TO INVESTORS: The latest news and updates relating to Golden Triangle Ventures Inc. (OTC: GTVH) are available in the company’s newsroom at https://cnw.fm/GTVH

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CannabisNewsBreaks – Green Hygienics Holdings Inc. (GRYN) Announces US$100M Green Bond Offering

Green Hygienics Holdings (OTCQB: GRYN), an innovative, technology-driven enterprise focused on the high-standard cultivation and processing of industrial hemp and manufacturing of pharmaceutical-grade bioactive cannabinoids, today announced the offering of a green bond exclusively in Europe (the “offering”) in the principal amount of US$100 million. According to the update, the offering is issued for a five-year term with a yield of 7.25%, is not convertible, does not include warrants and, subject to customary conditions, is expected to close on or around Nov. 30, 2021. Green Hygienics has engaged Dechert LLP (Luxembourg), a leading global law firm with 22 offices around the world. Dechert advises on matters and transactions of the greatest complexity, bringing energy creativity and efficient management of legal issues to deliver commercial and practical advice for clients. The company intends to list the green bond on the Luxembourg Stock Exchange (“LuxSE”), a pioneer in green finance.

To view the full press release, visit https://cnw.fm/6h2P6

About Green Hygienics Holdings Inc.

Green Hygienics Holdings is a California-based, innovative, technology-driven enterprise focused on the high-standard cultivation and processing of industrial hemp and manufacturing of pharmaceutical-grade bioactive cannabinoids. The company’s corporate mission is to adhere to the highest standards of operations in consistently delivering safe and premium-quality products to consumers as well as to partner with CPG and pharmaceutical companies. Hygienics is the science of preserving and promoting the health of individuals, communities and the planet. For more information about the company, visit www.GreenHygienics.com.

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CannabisNewsBreaks – BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE:7BC) Enters Definitive Agreement to Acquire Embark Health Inc.

BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC), an emerging leader in innovative health and wellness beverages and products, has announced its entry into a definitive agreement dated Sept. 19, 2021, to acquire Embark Health Inc. According to the update, Embark has extensive manufacturing and intellectual property (“IP”) assets related to high-end solventless cannabis extracts and is also equipped to produce a range of cannabis concentrates, liquid and powder beverage mixes, topicals and edible products. Embark is also positioned for further growth in the health and wellness industry as the majority owner of ProteinQuest, which applies Embark’s innovative and proprietary technology to the protein-enhanced and functional food industries with initial commercial products utilizing hemp seed. “The acquisition of Embark significantly accelerates BevCanna’s evolution into a diversified health and wellness company,” said John Campbell, CFO of BevCanna. “Our unique and diverse portfolio will now include an even broader range of adult-use and wellness channels and innovative product categories. The acquisition will unlock significant value for both organizations and brings together two exceptionally experienced teams, forming one of the most diverse and innovative health and wellness companies in the industry.”

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

About BevCanna Enterprises Inc.

BevCanna Enterprises is a diversified health and wellness beverage and natural products company. BevCanna develops and manufactures a range of plant-based and cannabinoid beverages and supplements for both in-house brands and white-label clients. With decades of experience creating, manufacturing and distributing iconic brands that resonate with consumers on a global scale, the team demonstrates an expertise unmatched in the nutraceutical and cannabis-infused beverage categories. Based in British Columbia, BevCanna owns a pristine alkaline spring water aquifer and a world-class, 40,000-square-foot, HACCP-certified manufacturing facility, with a bottling capacity of up to 210M bottles annually. BevCanna’s extensive distribution network includes more than 3,000 points of retail distribution through its market-leading TRACE brand, its Pure Therapy natural health and wellness e-commerce platform, its fully licensed Canadian cannabis manufacturing and distribution network, and a partnership with number-one U.S. cannabis beverage company Keef Brands. For more information about the company, visit www.BevCanna.com.

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