420 with CNW — Why Similar CBD Products Often Have Different Prices

The difference in the prices of CBD products around the world has become more obvious in the past year. Since the coronavirus pandemic began, the demand for these products has risen significantly, and so has the production of cheap and expensive CBD products. Currently, the price difference between the least and most expensive products is about 4,715%.

The gap is too large to be overlooked, given most CBD products are often used for various medical conditions, which is why these products should be evenly priced, thereby allowing everyone to have access to them.

What is causing this huge difference in cost?

  • The cultivation method used

Marijuana and hemp are the major types of cannabis plants. The former contains more than 0.3% THC while the latter has less than 0.3% THC. The price of CBD products is dependent on the type of cannabis plant cultivated.

Not every individual can grow cannabis plants that are rich in CBD. This is why the prices are usually lower in states where more individuals can grow cannabis plants that contain high levels of CBD.

  • The product type

CBD can be infused into different products including oils, tinctures, creams and gummies.

CBD oil and edibles are currently the most expensive products on the market, and with the demand for CBD oils increasing, this may not change any time soon.

  • How the product is packaged

Some companies invest a lot into products packaging and sales. While appealing packaging doesn’t mean that the product is the best quality, this doesn’t stop companies from adding an expensive price tag to their products.

  • The method of extraction

The technique used to extract CBD from the cannabis plant may also influence the product’s price. Some techniques, including CO2 extraction, are expensive but extract high-quality CBD. However, not all companies can afford to use this extraction method for mass production, so they use more affordable methods, including ethanol and infusion extractions. Companies that use more affordable methods can sell their products at lower prices.

  • The ingredients used in the product

Quality organic ingredients such as olive oil and MCT oil are sometimes used by companies to justify their expensive price tags.

It is important to keep in mind that some companies claim to make use of these ingredients but don’t actually, while others may use toxic substances to help reduce costs and maintain the lower prices at which they sell their products.

Do your own research and read a certificate of analysis before buying a product. And if you can, look for reviews and seek advice from your physician. Identifying a reputable CBD manufacturer, such as Golden Triangle Ventures Inc. (OTC: GTVH) for example, can assure you are obtaining consistently high-quality cannabidiol products that will address your needs.

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

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 — Gallup Poll: Nearly 50% of Adult Americans Have Used Marijuana

Cannabis is more popular among Americans than it has ever been. After decades of prohibition, the past few years have seen dozens of states pass cannabis legislation, and thanks to constant demand, the nascent state-legal cannabis industry has already generated billions of dollars in revenue. The controversial plant has been the most-used drug in the United States for years and according to a recently released poll by Gallup, nearly half of the adults in the country have consumed cannabis at one point in their lives.

An estimated 49% of American adults have used cannabis at some point in their lives, analytics and advisory company Gallup says. The Washington-based firm has been running annual consumption habits polls for more than 50 years, and this is the highest percentage it has measured to date. More than 50 years ago, only 4% of Americans reported that they had tried cannabis, with the percentage gradually increasing to 20% in 1977, 30% in 1985 and 40% in 2015. Only 12% revealed that they smoked marijuana regularly.

According to Gallup, the proportion of American adults who smoke cannabis was 7% in 2013 and varied between 11% and 13% in recent years. This group skewed younger, with data collected from 2015–2021 showing that 20% of millennials smoke marijuana compared to 11% of gen Xers and 9% of baby boomers. However, polls did not contain data from gen Zers, the oldest of whom would be 24, as Gallup hasn’t collected sufficient data from them yet. The differences in cannabis use rates were mostly generational, with the older folk being less likely to try cannabis.

Older Americans born before 1945, for instance, were the least likely of all the generations to have tried marijuana with only 19% saying they had tried with marijuana. On the other hand, 51% of millennials, 49% of Gen Xers, and 50% of baby boomers have experimented with cannabis at least once in their lives.

Data from Gallup polls conducted from 1985 to 1999 shows that 44% of gen Xers and 50% of baby boomers had already tried cannabis by then. Only 10% of traditionalists, or individuals born before 1945, had tried marijuana by then and, as of the latest consumption habits poll, just 1% of traditionalists smoke marijuana compared to 20% of millennials.

Gallup polls also indicated that 16% of men and 9% of women have tried cannabis. Education levels also affected usage rates, with 14% of those with a four-year degree or less and just 5% of those with postgraduate education saying they use marijuana. On the political spectrum, 22% of liberals, 15% of Democrats, 6% of conservatives and 7% of Republicans reported using cannabis regularly.

These statistics regarding the number of Americans who have ever used cannabis suggest that marijuana companies such as Flora Growth Corp. (NASDAQ: FLGC) can look forward to even better years ahead given that attitudes to marijuana are changing fast and federal legalization may not be far off.

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 – Simply Sonoma Aims to Put Renowned County on the Map for Exceptional CBD-Infused Formulations

Simply Sonoma is a therapeutic-focused CBD company concentrating on sleep aids, gut health, pain and inflammation, and skin and beauty products. “The company has developed plant-based CBD infused products centered around the agriculture of Sonoma County, California, known for its excellent wines, fruits and veggies, and now the company aims to put it on the map for exceptional organic plant-based CBD infused, and research- backed formulations. . . . From personal experience, and the trials and tribulations of friends and family, Simply Sonoma has taken notice of the medicinal utility of CBD and cannabis,” reads a recent article. “As scientists, they were initially skeptical, but seeing firsthand family member experiences with pain relief was very convincing. Additionally, there is now a significant amount of research that has been done on the endocannabinoid system in the human body, which seems to back up the anecdotal reports. . . . Simply Sonoma offers alternative products that are more lifestyle focused and round out the experience with education on how to effectively use CBD on a daily basis.”

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

About Simply Sonoma

Simply Sonoma strives to deliver plant-based, broad-spectrum CBD products for therapeutic applications from a scientific perspective. Its products are derived from a farm rather than from a lab, with the goal of achieving fewer side effects and more efficacy for patients. Simply Sonoma believes in published, science-based trials and research with regards to its CBD creations. The company’s plants are grown organically in Sonoma County’s wine country, where sustainable farming practices are employed throughout the growing process. Solar energy helps the company to operate with a minimal carbon footprint. Simply Sonoma’s dynamic team consists of seasoned professionals from a combination of industries. Their broad experience stems from the biotech industry, grape and hemp cultivation, IT operations and communications, as well as executive positions in the health care sector. This unique combination of experience places the team well in the CBD space to dominate with wellness and lifestyle products. Simply Sonoma is focused on being a leader in the industry for plant-based, organic medicinal health and beauty products and partnering with like-minded companies to produce top-notch products. For more information, visit the company’s website at www.SimplySonoma.org.

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

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 — Four States Notch Record-Setting July Cannabis Sales

Last month was an extremely profitable and productive month for the cannabis industry in different states across the country, with business owners reporting record-breaking sales. This trend has been observed in various states as the marijuana markets mature, which is impressive, especially when one considers how the marijuana industry has flourished despite the COVID-19 pandemic.

Below are some of the few states that posted new sales records in the month of July.

Missouri

Medical marijuana sales in the state of Missouri surpassed $20 million last month, with analysts noting that this amount was mainly attributed to growing patient enrollment in the state’s medical cannabis program and new dispensaries opening in the state. The total medical cannabis purchases made in the state thus far equate to roughly $90 million.

Michigan

Data released by a regulatory body in the state of Michigan shows that recreational sales in July broke another record, with more than $170 million in marijuana transactions.

The month of July saw $42 million in medical marijuana sales and $107 million in adult-use marijuana sales. The total tax revenue generated last month translates to about $22 million, most of which will be allocated to individual jurisdictions, public education and infrastructure projects.

Most of July’s recreational sales went to edibles, which brought in about $18 million; vape cartridges, which brought in roughly $26 million; and flower marijuana products, which raked in almost $64 million.

Maine

A 45% increase from June’s sales record was observed in the state of Maine, with adult-use cannabis sales reaching almost $9.5 million. Local papers reported that marijuana business owners attributed the increase to tourism and the Fourth of July holiday.

The state’s retail market for recreational marijuana was established in October 2020 and has grown in popularity, with July 2021 being the first time adult-use sales matched the state’s medical cannabis sales.

Illinois

In comparison to July 2020, the state of Illinois recorded double its total monthly sales, bringing in about $127 million in recreational marijuana purchases last month. Residents of the state also bought more than 2.8 million individual marijuana products last month, which represents another record.

The state’s Department of Financial and Professional Regulation revealed that out-of-state visitors contributed to about $41 million in sales while residents of the state bought $86 million in cannabis.

This new record makes July the fifth consecutive month that sales in the state’s adult-use market have surpassed $100 million. Estimates indicate that the state may collect more than $1 billion in adult-use cannabis sales this year if the trend continues.

These record-setting cannabis sales point to the possible success of companies, such as American Cannabis Partners, that are active in jurisdictions with thriving legal-marijuana markets.

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

About CNW420

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

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420 with CNW — As Cannabis Legalization Spreads, Companies Are Reconsidering Drug Policies

America’s increasingly liberal attitude regarding cannabis consumption has started to impact workplace policies. For decades, both federal and state law outlawed cannabis, which was in turn mirrored in workplace policies across the country. Most employers had a zero-tolerance policy on cannabis, with some even requiring regular drug tests and firing employees who failed. But with cannabis reform sweeping the nation, companies are starting to reconsider their drug policies.

This became increasingly clear when Amazon, the largest player in the e-commerce market with 1.3 million employees around the world, announced that it would cease testing job seekers for marijuana. A lot of businesses had been revising their drug policies in the wake of increased cannabis legalization, but Amazon’s announcement showed that the cannabis reform movement was gaining major traction. However, president and CEO of the Illinois Chamber of Commerce Todd Maisch says that while plenty of companies are relaxing their attitudes toward cannabis, there’s still plenty that aren’t.

No business wants their employees to be impaired while on the job, he says, but for a lot of them, the days of random drug tests are drawing to a close. It ultimately depends on the type of business, with some having a lot of flexibility regarding their drug policies and others being unwilling and in most cases unable to relax their drug policies. For instance, businesses in construction whose employees have to use heavy machinery have to maintain a drug-free policy to keep their staff safe while on-site as well as to limit their culpability in case an impaired employee is involved in a workplace accident.

Additionally, entities and individuals that have contracts with the federal government are required to stay clear of all drugs, even the ones that are state legal, because drug use is outlawed by federal law. As such, Maisch says, the evolution of workplace policies regarding cannabis consumption has had two approaches, with some companies adapting to the changing times and others digging their heels in and adhering to federal policy on cannabis. Fortunately for cannabis-reform proponents, current events have influenced how employers treat cannabis.

The pandemic had a historic effect on the job market, forcing a lot of industries to slow down in the wake of lockdown orders and promoting a work-from-home culture. More than a year after the coronavirus struck and as the world started opening up, people began questioning the job market and demanding fair pay and benefits. This has led to a labor shortage of the likes we have never seen before, and employers are scrambling to hire employees who are willing to join their ranks.

Thus, employers across the country are ready to loosen their workplace policies, especially regarding off-duty cannabis use, Maisch says. This easing of restrictions is likely to open up even more the clientele for cannabis products made by companies such as Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) since more people will be willing to consider cannabis usage during their off-duty hours.

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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CannabisNewsBreaks – BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE:7BC) Eyes White-Label Opportunity in Expanding Market

BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC), a diversified health and wellness beverage and natural products company, is looking to leverage its position in the growing market as a white-label manufacturer of infused-cannabis beverage brands. A new report that forecasts the cannabis beverage market will grow at 17.85% CAGR from 2019 to 2025 has companies such as BevCanna anticipating increased numbers as well. A recent article, which contains excerpts from the report by Million Insights, notes, “‘The increasing demand for the health and wellness drink is boosting the market growth,’ the report states… Another insight offered by the report is the rising demand for cannabis drinks from cafes, restaurants, lounges and clubs as ‘the changing consumer preference and decline in the sale of alcoholic drinks is increasing beverage consumption.’ All these factors combine to fuel the anticipated growth in the expanding cannabis beverage market. Because BevCanna is a diversified health and wellness beverage and natural products company, the company is particularly well qualified to meet the demand for these types of drinks.”

To view the full article, visit https://cnw.fm/c8IKg

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 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, 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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CannabisNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Closes Investment in Hoshi, Strengthens Gateway to European Market

Flora Growth Corp. (NASDAQ: FLGC), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, has closed the previously announced € 2M (two-million Euros) investment in Hoshi International Inc., while also increasing its fully diluted ownership in Hoshi through a securities swap. In addition, the companies have agreed to strengthen the terms of Flora Growth’s investment in Hoshi pursuant to a binding memorandum of agreement. “The Hoshi team has developed a strong presence in Europe, and our high-quality, low-cost, medical-grade cannabis products and well-known global brands give both our companies a competitive advantage in one of the fastest growing cannabis markets in the world. We are excited to increase our alignment with the Hoshi management team and believe the partnership will be much greater in scope than only using their Portugal and Malta facilities as a European importation gateway for our Colombian cannabis flower and derivatives,” said Luis Merchan, president and CEO of Flora. “Regulatory barriers and the technical requirements necessary to successfully navigate the European cannabis market should not be underestimated. We feel extremely pleased with the experience and expertise that the Hoshi team brings in order for us to quickly get our products to market. With the recent rule changes in Colombia allowing the export of THC and CBD flower, we are looking forward to bringing our premium Colombian flower and derivative products to established markets where there is already significant demand, growth, and the opportunity to generate recurring high-margin sales.”

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

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 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 – Golden Triangle Ventures Inc. (GTVH) President Featured Guest on “Electric Soil Podcast” Interview

InvestorBrandNetwork (“IBN”), a multifaceted financial news and publishing company for private and public entities, announced that Golden Triangle Ventures (OTC: GTVH) president Steffan Dalsgaard was a featured guest on the “Electric Soil Podcast.” Hosted by musician and podcasting veteran Matt Gardiner, the podcast focused on being a creativity-focused forum. In his interview, Dalsgaard explained his process for identifying people and companies to work with Golden Triangle as well as his approach toward mitigating risk. He also talked about Golden Triangle’s recent momentum and plans for the rest of 2021 and beyond. “In 2017, we did our first concert,” said Golden Triangle Ventures president Steffan Dalsgaard in the podcast. “Entertainment has been my real passion. The first show had like 200 to 300 people show up, but I knew it was going to be a win because the show was epic. Everyone who came couldn’t wait to see the next one. . . . Since then, we’ve done, I believe, 13 or 14 shows. One of the last ones that happened before COVID nearly sold out a full-blown hockey arena — 3,000 people. . . . We’re now working toward expanding on our concert production business in a big way. We’re working on a live streaming setup so we can start doing live concerts. We’ve got a record label. We’ve got a virtual reality platform, so now we can start monetizing our shows to the world with virtual reality. You can join an animated world and dance with all of your friends from anywhere in the world, so it’s pretty cool! . . . [Lavish Entertainment] is my baby; that’s the one I formed from scratch and that me and my boys are really building on my side of the scene. Then again, we have Sonder Fulfillment; we have Napa Wine Brands; we have HyFrontier Technologies; and we have Global Health Services. So we have five businesses inside. They’re all doing different things. My baby is Lavish, but the other ones are equally significant, if not much bigger.”

To view the full podcast, visit https://cnw.fm/Jc1bk

To view the full press release, visit https://cnw.fm/t4jX0

About Golden Triangle Ventures Inc.

Golden Triangle Ventures is a multifaceted consulting company pursuing ventures in the health, entertainment and technology industries, with many additional projects being developed that provide synergistic values to these divisions. The company aims to purchase, acquire and/or joint venture with established entities that management can help assist and develop into unique opportunities. Additionally, GTV provides a professional corporate representation service to different companies in these sectors while consulting on a variety of business development objectives. The goods and services represented are driven by innovators who have passion and commitment to these marketplaces. The company plans to utilize relationships and create a platform for new and existing businesses to strengthen their products and/or services. The three points of the Golden Triangle exclusively represent these three sectors in which the company aims to do business in. For more information about the company, please visit www.GoldenTriangleInc.com  

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

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 – The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER) Continues Strong Growth Streak

The Alkaline Water Company (NASDAQ: WTER) (CSE: WTER) reported another record year when it announced fiscal 2021 results. “The company’s FY 2021 numbers show record revenue of $46 million, a 20% year-over-year increase for the country’s largest independent alkaline water company,” reads a recent article. WTER president and CEO Richard A. Wright noted that the results marked a continuation of “our streak of never having a down or flat year,” further stating that the company’s employees and business partners rose to the occasion throughout last year. The company has seen significant sales into fiscal 2022. In addition to financial highlights, the FY 2021 report noted key operational milestones, including the fact that the company’s flagship product, Alkaline88(R), is now available in more than 75,000 stores, significant expansion efforts and new export certificates from the FDA. “The trust and appreciation we earned from our strong performance throughout the pandemic allowed us to continue to see more organic and new-store growth, and an expanding presence in more key channels,” Wright continued. “Our guidance for the full fiscal year 2022 is $62 million, which would represent year-over-year growth of 35%.”

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

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 delivers perfect 8.8 pH-balanced alkaline drinking water with trace minerals and electrolytes and boasts its trademarked label: Clean Beverage. Quickly being recognized as a growing lifestyle brand, Alkaline88 launched A88 Infused(TM) in 2019 to meet consumer demand for flavor-infused products. A88 Infused flavored water is available in six unique, all-natural flavors with new flavors coming soon. In 2021, The Alkaline Water Company was pleased to welcome Shaquille O’Neal to its board of advisors and to serve as the celebrity brand ambassador for the Alklaine88 and A88 Infused brands. To purchase Alkaline88 and A88 Flavor Infused products online, visit www.Alkaline88.com. To learn more about the company, visit 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

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 — Nevada Judge Overturns Las Vegas PD Marijuana Ban

Employees may have finally seen a reprieve in the battle between federal and state cannabis law after a Nevada judge overturned a Las Vegas Police Department ban on marijuana consumption among its staff. Although more than two dozen states have passed either medical or recreational cannabis legislation, federal law still classifies it as a Schedule I drug. That may change in the near future. Meanwhile, employees living in legal cannabis markets often find themselves penalized by their bosses for consuming cannabis during personal hours.

According to a ruling by a Las Vegas district judge, a former LVPD officer should not have faced the threat of losing his job after he failed a THC test. Former officer Stuart Bowman resigned in lieu of being fired after off-duty cannabis use led to a failed drug test. He then sued the LAPD arguing that he shouldn’t be penalized for indulging in state-legal activities during his private time, and that the LVPD’s zero-tolerance policy for cannabis is untenable. Judge Kathleen Delaney agreed, ruling that the police department’s zero-tolerance cannabis policy was indeed untenable.

Since state law prohibits discriminating against staff who engage in state-legal cannabis use during their non-working hours, she said the department’s penalties against the former officer were against the law. As such, she instructed the LVPD to grant him back pay, cover his legal fees and put him back on the force.

However, the police department’s lawyers argued that the department had the right to terminate Bowman, citing a separate statute that says that public and private employers can prohibit the use of both legal and illicit drugs via workplace policies. Additionally, they mentioned a case in Colorado that saw the court uphold the decision to fire an employee for using cannabis off-site.

But according to Bowman’s attorneys, the Colorado statute’s vague definition of lawful allowed employers to adhere to federal law, which outlaws cannabis, over state law and terminate employees who indulge in state-sanctioned cannabis, even during their personal time. Nevada’s statute, on the other hand, specifically says that employers cannot discriminate against staff who take part in activities allowed by state law. Now that Judge Delaney sided with former officer Bowman, his attorney Adam Levine says the written motion may take a week to prepare.

Still, Levine advises police officers who want to consume cannabis to exercise restraint. While the LVPD will likely agree to issue Bowman’s back pay, it will most likely appeal against reinstating him. The Las Vegas Police Department did not respond to requests for a comment on the case when contacted by local media outlets.

The ruling made by the judge in Nevada can have beneficial ramifications inasmuch as patients who can be helped by using medical marijuana will not fear to take this option alongside high-tech devices such as the Smart Patch made by RYAH Group Inc. (CSE: RYAH), which is intended to deliver plant medicine to a particular site, such as a painful joint.

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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