CannabisNewsBreaks – Grapefruit USA Inc. (GPFT) Acquires Controlling Interest in Monterey-Based Summit Boys Inc.

Grapefruit USA (OTCQB: GPFT), a premiere, fully licensed California-based cannabis company, today announced that on Friday, Sept. 10, 2021, it closed on the acquisition of a controlling interest in Summit Boys Inc., a Monterey, California-based premium extracts brand that manufactures high-quality products. The acquisition from one of Summit Boys’ founders took place in a stock-for-stock transaction valued at $250,000, based on GPFT’s Sept. 10 closing price. Henceforth, all Summit Boys revenues will be consolidated with Grapefruit’s financial statements. “Summit Boys is a highly respected extracts brand in the California cannabis market, and we are very pleased with the completion of this transaction, pursuant to which Grapefruit has been able to use its common stock as a currency to acquire a value-added, cash-producing asset for its portfolio,” said Bradley J. Yourist, Grapefruit CEO. “This is a model that we hope to replicate many times to complement the revenue growth derived from our disruptive, patented Hourglass THC/Cannabinoid delivery cream.”

To view the full press release, visit https://cnw.fm/AAK8P

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, located on the extension of North Canyon Road, approximately 14 miles north of downtown Palm Springs. For more information about the company, visit www.GrapefruitBlvd.com.

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

Grapefruit USA (OTCQB: GPFT), a premiere, fully licensed California-based cannabis company, today announced that on Friday, Sept. 10, 2021, it closed on the acquisition of a controlling interest in Summit Boys Inc., a Monterey, California-based premium extracts brand that manufactures high-quality products. The acquisition from one of Summit Boys’ founders took place in a stock-for-stock transaction valued at $250,000, based on GPFT’s Sept. 10 closing price. Henceforth, all Summit Boys revenues will be consolidated with Grapefruit’s financial statements. “Summit Boys is a highly respected extracts brand in the California cannabis market, and we are very pleased with the completion of this transaction, pursuant to which Grapefruit has been able to use its common stock as a currency to acquire a value-added, cash-producing asset for its portfolio,” said Bradley J. Yourist, Grapefruit CEO. “This is a model that we hope to replicate many times to complement the revenue growth derived from our disruptive, patented Hourglass THC/Cannabinoid delivery cream.”

To view the full press release, visit https://cnw.fm/AAK8P

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, located on the extension of North Canyon Road, approximately 14 miles north of downtown Palm Springs. For more information about the company, visit www.GrapefruitBlvd.com.

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

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 – BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) Products, Leading Brand to be Available from Leading Cannabis Distributor

BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC), an emerging leader in innovative health and wellness beverages and products, has received multiple purchase orders from British Columbia Liquor Distribution Branch (“BCLDB”), which will now be carrying multiple BVNNF products. BCLDB will offer BevCanna’s internationally popular Bubba Kush RootBeerand Orange Kush Classic Sodafrom its no. 1-selling U.S. beverage brand Keef Brands. In addition, BevCanna will be premiering its own BC beverage brand — State B Cannabis Beverage Co.—for provincial and private retail distribution. The company will start by offering two options: Sparkleand Resolve According to the announcement, the products will be shipping later this month to BCLDB, one of Canada’s largest retail chain operators in the province; the company has built a province-wide retail and wholesale cannabis business within both a public and private retail model.. “As a local BC-based producer of high-quality cannabis-infused beverages, we’re particularly excited to launch these award winning and highly anticipated products in our home province,” said BevCanna president Melise Panetta in the press release. “British Columbia consumers have been very eager to try out the internationally renowned Keef varieties and local State B products, and we are pleased to be able to offer them.”

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

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 BevCanna 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 210 million 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, please visit www.BevCanna.com.

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

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) Announces Recognition of Flora Beauty’s Mind Naturals as Trendsetting Brand at Cosmoprof North America

Flora Growth Corp. (NASDAQ: FLGC), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, today announced that Flora Beauty recently participated in the 18th annual Cosmoprof North America (“CPNA”) event. At CPNA, Flora Beauty’s Mind Naturals CBD Rich Moisturizer was selected for its innovation and featured in CosmoTrends, a special section on the show floor and report on the most trendsetting products from CPNA exhibitors produced in collaboration with renowned international beauty trend forecasting authority BEAUTYSTREAMS. The highly anticipated CBD Beauty special area, featuring brands that contain CBD as an essential ingredient, made its debut as part of the new larger Green Village, showcasing a select number of green and natural brands. The conscious consumerism drive is inspiring beauty brands to challenge their supply chains and make the leap towards biodegradable packaging. Each jar of Mind Naturals contains 250mg of hemp extract (<0.3% THC), designed to nourish, repair and protect the skin, leaving it soft and hydrated thanks to a natural formula and antioxidant properties. The formula is preservative, dye, and paraben-free, and contained in biodegradable packaging. “Concern for the environment is growing every day with more and more of us believing that through small steps and individual contributions we can do our part to save the planet. Not only is it the right thing to do, but this paradigm shift towards conscious consumerism and it being fundamentally part of our ethos and product portfolio sets us apart from others allowing us to be recognized by leading beauty authorities as trendsetting,” said Luis Merchan, president and CEO of Flora Growth. “We expect that as we increase our brand recognition and awareness, that will translate to increased sales as consumers come to appreciate our premium products and uncompromising supply chain.”

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

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 – InMed Pharmaceuticals Inc. (NASDAQ: INM) Enters Definitive Agreement for ‘Transformative’ Acquisition of Leading Manufacturer of Rare Cannabinoids

InMed Pharmaceuticals (NASDAQ: INM), a leader in the manufacturing and clinical development of rare cannabinoids, has signed a definitive agreement to acquire BayMedica Inc., a private, U.S.-based company that specializes in the manufacturing and commercialization of rare cannabinoids. According to the announcement, the acquisition is expected to be final in the coming weeks, subject to standard closing conditions. The strategic move is designed to firmly establish INM as a leader in the manufacturing and commercialization of rare cannabinoids as well as strengthen the company’s position within growing consumer health and wellness cannabinoid markets. The acquisition includes BayMedica’s pipeline and several planned product launches, which will help InMed transition into a revenue-generating company. With the acquisition, InMed anticipates becoming a global leader in the manufacturing of rare cannabinoids, with expertise in three distinct and complementary cannabinoid manufacturing approaches. The company anticipates that its proprietary cannabinoid manufacturing process, IntegraSyn(TM), combined with BayMedica’s synthetic biology and chemical synthesis capabilities, will provide flexibility to choose the most appropriate, cost-effective manufacturing method based on the cannabinoid and appropriate quality specifications for the desired market segment. “This is a transformative transaction for InMed,” said InMed president and CEO Eric A. Adams in the press release. “This acquisition gives us a breadth of synthetic cannabinoid manufacturing capabilities to deliver high-quality, cost-effective rare cannabinoids for any segment of the market from consumer packaged goods (CPG) to prescription pharmaceuticals. . . . This transaction transforms InMed into a revenue-generating company, providing tangible value for our shareholders. BayMedica has demonstrated a rapid increase in sales since initiating commercialization, and we expect to grow these revenues considerably in the short-to-medium term. We believe this segment of the industry is reaching an inflection point as commercial viability is being achieved as well as increased awareness and appreciation for bio-identical, synthetically produced cannabinoids.”

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

About InMed Pharmaceuticals Inc.

InMed Pharmaceuticals is a clinical-stage pharmaceutical company developing a pipeline of cannabinoid-based pharmaceutical drug candidates, initially focused on the therapeutic benefits of cannabinol (“CBN”); the company is developing IntegraSyn(TM) to produce pharmaceutical-grade cannabinoids. INM is dedicated to delivering new therapeutic alternatives to patients who may benefit from cannabinoid-based medicines. For more information, please 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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CannabisNewsBreaks – BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) Enters Agreement with Top Canadian Cannabis Sales Agency

BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC), an emerging leader in innovative health and wellness beverages and products, has announced a sales service agreement with Velvet Management Inc, Canada’s leading cannabis sales agency. BVNNF’s partnership with the agency will be key as BevCanna focuses on building national brand awareness and increases its sales penetration. A premier full-service cannabis marketing agency, Velvet Management has built a reputation for representing Canadian Licensed Producers and others to both government buyers and private retailers; the agency’s list of clients include the Valens Company (TSX: VLNS), Citizen Stash, The Green Organic Dutchman (TSX: TGOD) (OTCQX: TGODF)Harvest One (TSX.V: HVT) and Collective Project. According to the announcement, Velvet will be BevCanna’s “feet on the street” retail sales force across Canada, representing BevCanna’s house brands as well as Keef Brands, its  award-winning partner and no. 1-selling U.S. beverage brand. In fact, Velvet has already offered presales of the soon-to-launch Keef Brands across key markets and is focused on building awareness and delivering marketing information and trade tools to retailers that are designed to enhance sales of BevCanna products. “Engaging Velvet, a leading agency in the Canadian market, will accelerate our sales penetration nationally and build awareness through their substantial network of retailers,” said BevCanna president Melise Panetta in the press release. “Velvet has already begun to pre-sell BevCanna products in key provinces including Ontario, Canada’s largest market for cannabis products. And as we launch the Keef brand across the country, Velvet will expand our reach into a wider range of retailers in each province.”

To view the full press release, visit https://cnw.fm/RC9OM

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 BevCanna 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 210 million 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, please visit www.BevCanna.com.

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

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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420 with CNW — Could Cannabis Drinks Be Better for Your Health?

As cannabis and cannabis products become more accessible thanks to a wave of drug reform that has swept through several territories, people are increasingly using marijuana as an alternative to other products. Due to recent advances in cannabis technology, specifically nano-emulsification, the market has seen an uptick in the supply of smooth, high-quality, cannabis-infused drinks.

Plenty of people are now using cannabis-infused beverages as an alternative to alcohol, with many of them preferring a calm relaxing drink that won’t leave them feeling hangover the next day. Dubbed “California sober,” exchanging alcoholic beverages for cannabis drinks is gaining popularity. Melissa Egan, 45, says alcohol used to exacerbate her perimenopause symptoms, heightening her nausea, dizziness, insomnia, night sweats, and hot flashes. Now that she drinks cannabis beverages instead, her perimenopause symptoms have become less severe, especially nausea and insomnia, and she doesn’t have to recover for a day or so after drinking.

But is cannabis actually a better alternative to alcohol? Is it better for a person’s health to indulge in cannabis rather than alcohol? According to industry experts, cannabis is indeed safer than alcohol, but that doesn’t mean that it is 100% risk free. Rebecca Jesseman, director of policy at the Canadian Center on Substance Use and Addiction (CCSA), says that it is difficult to conclusively state that cannabis is safer than alcohol because there isn’t a lot of research on cannabis. On the other hand, we have decades of research on alcohol use and how it affects the human body.

Additionally, she says, the two products are so different that comparing them is like comparing apples and oranges. Both substances present health risks and can lead to dependence if used in an unhealthy manner. Individually, the degree of safety will depend on how often you consume cannabis as well as the strains consumed and the consumption method. Fortunately, drinking is inherently safer than smoking. At the end of the day, however, alcohol is far more dangerous than cannabis, says Tim Stockwell, a scientist at the Canadian Institute for Substance Use Research.

Alcohol’s harms are much more prevalent and costly, with the Canadian Substance Use Costs and Harms Project, co-led by Stockwell, finding that alcohol causes 15 times as many deaths and hospitalizations compared to cannabis among women. Both cannabis and alcohol will leave a user physically and mentally impaired, with consuming too much cannabis in one sitting leaving you anxious and paranoid while overindulging in alcohol makes you irritable or aggressive. However, while too much alcohol can cause death via alcohol poisoning, you cannot overdose on cannabis. Stockwell concedes that more research on the effects of cannabis is needed, although several longitudinal studies of regular users haven’t revealed a major problem yet.

With the entry of companies such as BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) into the cannabis drinks space, consumers now have plenty of options to choose from.

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 — The Difference Between CBD Oil, Cannabis Oil

The popularity of CBD oil has grown in the health and wellness space, with anecdotal evidence suggesting that it can help manage depression, anxiety, stress and pain. Cannabidiol, or CBD, oil and cannabis oil have also been advertised as natural alternatives to standard prescription medications, which many believe are one and the same. While both oils are derivatives of the cannabis plant, they are inherently different. We look at some of these differences below.

What is cannabis oil?

Cannabis oil contains THC, which is the mind-altering compound that causes an individual to get high. The sale, consumption and possession of the marijuana plant is still illegal under federal law, despite being legal recreationally in 18 states and medically legal in more than 35 states. This means that under the law, the products are considered narcotics, which makes it harder and illegal to acquire them.

In other countries, however, individuals can be prescribed cannabis oil for medical applications. It is mainly used as an alternative treatment option when other treatments have proven ineffective. Experts believe that cannabis oil can help manage issues such as pain and insomnia.

Most people also consider consuming cannabis oil to be healthier than smoking the substance, with some believing the oil to be more potent. Some individuals also believe that administering a dose of oil is more accurate than smoking the substance.

What is CBD oil?

CBD oil can be made from either the marijuana plant or the hemp plant. However, most CBD products found across the country are made from hemp as it is not legal to sell CBD products made from the cannabis plant. This is because the marijuana plant contains more than 0.3% THC, which is the psychoactive component that induces a high.

The hemp plant contains many phytocannabinoids, including cannabidiol, cannabichromenic acid, cannabigerolic acid and cannabinol, among others. CBD oil is made by mixing a carrier oil with CBD extract. Most companies use hempseed oil or olive oil as carrier oils as they boost a product’s flavor and bioavailability.

CBD oil can be categorized into three forms: full spectrum, broad spectrum and isolate.

  • Full-spectrum CBD oil contains all the phytocannabinoids and terpenes found in hemp. These compounds are mixed together to support the entourage effect, which produces a better effect than individual components.
  • Broad-spectrum CBD oil contains cannabidiol and other phytocannabinoids, excluding THC.
  • CBD isolate, which is is 99.9% CBD oil. It is the purest type of CBD oil as it contains no terpenes or other phytocannabinoids.

Established companies such as Golden Triangle Ventures Inc. (OTC: GTVH) formulate a variety of hemp-derived CBD products geared at addressing the needs of different consumers.

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://nnw.fm/GTVH

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 — Why Careful Cannabis Preparation Is Crucial to High-Quality Extracts

Just a couple of years into America’s state-legal cannabis industry, extracts have eclipsed cannabis flower to become the most popular cannabis product. Last year, marijuana concentrate sales increased by 40% and accounted for a large percentage of marijuana sales. People are looking for safer, more discreet ways to consume cannabis, and consequently, smoking cannabis flower and vaping have been edged out by cannabis extracts. However, marijuana extracts are quite complex to produce, requiring precise, expert care from the time the cannabis plants are in the ground until they reach the factory.

In the early days of cannabis extraction, most cannabis extractors used whatever cannabis they could get their hands on to extract cannabinoids, regardless of the trim’s quality.  However, cannabis plants absorb and store any material present in the soil, whether it is minerals and nutrients or toxic pesticides and herbicides. These impurities eventually show up in whatever product the cannabis biomass is used to make, significantly reducing their quality and making them unsafe to consume.

With that in mind, companies committed to producing high-quality cannabis extracts have to use organically grown, high-quality cannabis that has no impurities and was harvested, dried and cured properly.

Liad Chatow, the head of research and development at California-based terpene manufacturer Eybna Technologies, notes that the chances of obtaining a high-quality product depend on the richness of the raw ingredient. Less than stellar care can result in moldy cannabis, reduced potency and lost terpenes, he states, ultimately impacting the quality of the final product. Since nothing can be done to reverse this kind of damage to the raw material, extractors can save themselves significant time and money by ensuring they source organically grown cannabis that has received proper care before and after harvest.

California-based Papa & Barkley ensures the cannabis it purchases for extraction is in good shape by sending temp workers to cannabis cultivators to trim and prepare the raw cannabis to company specifications. It is the responsibility of companies to make sure that the cannabis they purchase was treated right at the farm as, unlike most industries, cannabis has no industry standards, says Papa & Barkley’s chief product officer Guy Rocourt.

On the other hand, Jason Muniz, founder and president of Texas-based hemp extractor and decorticator Texas Blue Diamond Solutions, says that proper harvesting, curing and storage before extraction is the farmers’ responsibility. His prediction is that at some point in the future, farmers will sell their hemp and cannabis at different price points depending on their quality, much like tobacco.

The highest-quality raw material would come at a premium while the lower-quality cannabis would be cheaper, he says. But before that happens, extractors who want a piece of the lucrative extracts market have to ensure the raw material they use is in good shape. This is precisely what leading companies such as The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER) do in order to come up with products that customers learn to rely on.

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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CannabisNewsBreaks – Hero Technologies Inc. (HENC), Veteran Hemp Company Setting High Bar in Dynamic Marketplace

Hero Technologies (OTC: HENC) and its wholly owned subsidiary Veteran Hemp Company vow to hold themselves and their products to the highest of standards as the cannabis industry grows and an increasing number of companies rush to enter the space. In addition to setting a high bar of distinction in the dynamic marketplace, the subsidiary offers another unique aspect to cannabis company ownership in its founding by veterans. “Initially, this group of entrepreneurial veterans found a nook in the American cannabis industry on the security side of things. They started, grew and then sold several cannabis security companies before deciding that they wanted to focus their talents and hard-earned knowledge of cannabis businesses into a far more product-focused role,” reads a recent article discussing the company’s positioning. “We began offering our sales, marketing and business development consulting to burgeoning cannabis industries to enable our clients to expand their platform and sell more product,” the company’s story states (https://cnw.fm/TkdB4). “Eventually, we decided that our passion for improving the standard and accessibility of cannabis products needed a more direct approach. And, so, we founded Veteran Hemp Company.” To view the full article, visit https://cnw.fm/2UR68 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. Hero Technologies’ 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, 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 About CannabisNewsWire CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge. To receive SMS text alerts from CannabisNewsWire, text “CANNABIS” to 21000 (U.S. Mobile Phones Only) For more information please visit https://www.CannabisNewsWire.com Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW, wherever published or re-published: http://CNW.fm/Disclaimer Do you have questions or are you interested in working with CNW? Ask our Editor CannabisNewsWire (CNW) Denver, Colorado www.CannabisNewsWire.com 303.498.7722 Office Editor@CannabisNewsWire.com CannabisNewsWire is part of the InvestorBrandNetwork.

CannabisNewsBreaks – Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Builds Out New Florida Facility for Edibles Production

Red White & Bloom (CSE: RWB) (OTCQX: RWBYF), a leading provider of cannabis brands in the United States, announced that it has built-out a new production facility. The facility meets GMP specifications and enables the company to capitalize on the expanding cannabis derivative market in Florida. The new 4,800-square-foot structure is located at RWBYF’s Sanderson, Florida, location and was built to meet the fast-growing demand for edibles. According to a BDSA report, the state’s medical cannabis market has been projected to reach $1.5 billion in sales in 2021, which would be a 53% increase compared to 2020 numbers; the same report noted that, with both recreational and medical cannabis expected to be legal in Florida by 2023, the market is forecast to total $2.6 billion by 2026. Red White & Bloom is working on the development of a branded capsule and rosin line along with an exclusive line of chocolates that the company anticipates will be available later this year. “We are very pleased to have completed this state of the art production facility ahead of time and begin production this month,” said Red White & Bloom general manager Jim Frazier in the press release. “We will begin with premium specialized confectionary offerings as finished retail-ready packages where medical patients will be able to select from a variety of different products. We are confident this new facility, coupled with our expert staff of edible specialists, can produce a market-leading offering.”

To view the full press release, visit https://cnw.fm/0AIsE

About Red White & Bloom Brands Inc.

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

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

About CannabisNewsWire

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

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