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

420 with CNW — Supreme Court Justice Slams Federal Cannabis Policy as Unstable, Contradictory

Until a decade or so ago, America’s policy on cannabis had been outright prohibition. Marijuana was illegal to grow, produce or sell in nearly every state, and individuals who participated in any of these activities were subject to intense policing and harsh sentencing. Now more than 30 states allow some form of cannabis, and the industry has employed hundreds of thousands and provided states with millions of dollars in tax revenue.

However, federal law still classifies marijuana as a Schedule I controlled substance, similar to hard drugs such as cocaine and heroin. Additionally, most states have different cannabis regulations, and what is allowed in one state may be illegal in another. Consequently, this has led to a mismatch between federal law and a patchwork of state law, with state-legal businesses being forced to navigate an extremely tricky legal environment.

This week a conservative U.S. Supreme Court Justice slammed America’s federal policy on cannabis, calling it unstable and contradictory and suggesting that outright federal prohibition of the controversial drug may even be unconstitutional. Justice Clarence Thomas specifically talked about the 2005 Gonzales v. Raich ruling, which determined that since the federal government had the authority to regulate interstate commerce, it could enforce prohibition policies against cannabis cultivation in California.

However, he says, federal policies have undermined this ruling in the 16 years since it was passed. The federal government’s approach to cannabis has since been a “half-in, half-out regime,” he says, with the federal government seeming to both allow and forbid local cannabis use. Not only does this strain the credibility of federal law, but it also hides traps for unwary cannabis businesses that might think they are acting lawfully based on the federal government’s previous actions, only to find themselves facing repercussions.

Since the Gonzales v. Raich ruling, the government has sent mixed signals regarding cannabis. For instance, a spending bill rider that has been approved repeatedly forbids the Justice Department from using its funds to interfere with state-legal medical marijuana programs. Additionally, Obama-era memorandums by the Justice Department state that the government would “tolerate” certain cannabis-related activities as long as they are lawful in the state in which they occur. Federal prosecutors were also instructed not to pursue low-level cannabis offenders, contrary to federal law.

Thus, he says, these actions may lead the ordinary person to believe that the federal government has reversed its prohibitionist policies when it hasn’t. The mismatch between federal and state law has also prevented cannabis businesses from accessing financial services, despite being legal entities that pay tax. Most of them are forced to operate on a cash-only basis, which puts them at risk of burglaries and robberies. In conclusion, Thomas said that outright prohibition may no longer be a proper approach.

The comments of the Justice of the Supreme Court give a voice to what the entire cannabis sector, including companies such as Grapefruit USA Inc. (OTCQB: GPFT), feel about the contradictions between federal and state marijuana policies.

NOTE TO INVESTORS: The latest news and updates relating to Grapefruit USA Inc. (OTCQB: GPFT) are available in the company’s newsroom at http://cnw.fm/GPFT

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 – Golden Triangle Ventures Inc. (GTVH) Founding Member Writes Shareholder Letter

Golden Triangle Ventures (OTC: GTVH) and founding member Nathan Puente, CEO of Sonder Fulfillment LLC, have released a mid-year letter to shareholders. The letter provides an update on current activities and also outlines the corporate strategy of Sonder, a company that GTVH, a multifaceted consulting company pursuing ventures in the health, entertainment and technology industries, has signed a letter of intent to acquire. In the letter, Puente notes that the goal of Sonder Fulfillment is to educate people around the world about the hemp plant and its potential as a natural substitute to harsh prescription medication. Puente observed that providing natural products that help people live fuller, healthier lives is the company’s mission and what gets Sonder employees out of bed in the morning. Sonder, which is made up of pharmacologists, chemists and formulary scientists, has a history of being actively engaged in understanding the human endocannabinoid system (“ECS”) and its research has focused on arthritis, Alzheimer’s, Crohn’s disease, psoriasis, osteoporosis, PTSD and various cancers, as well cosmetic, healthcare and mental health issues. The company has even produced products for acne, hair loss, skin care, GI/gut issues and nootropic remedies. “Our marriage with Golden Triangle Ventures has vastly opened our team’s research bandwidth and production capabilities used to deliver the best cannabinoid driven products to your doorstep,” said Sonder Fulfillment CEO Nathan Puente. “We take great pride in our research, processing, production and white label ventures within our organization, and we set the highest standards on all of our end products. In the months ahead, we intend to release additional products that I believe will address many well-known medical issues and we plan to expand on every aspect within our company. This business derives from years of planning to get to where we are today, and it is great witnessing it develop into the business we have always dreamed it becoming.

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

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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420 with CNW — Fibromyalgia Patients Ditching Opioids for CBD to Manage Pain

Fibromyalgia is a disorder that presents as musculoskeletal pain accompanied by mood, memory, sleep and fatigue issues. This disorder has no cure, and while there are drugs that can help manage its symptoms, most don’t do the job perfectly. However, a new study conducted by researchers from the School of Medicine at the University of Michigan has found that patients with fibromyalgia may benefit from the use of products that contain CBD to manage pain.

CBD, or cannabidiol, is a cannabinoid that is extracted from the marijuana plant that doesn’t induce the intoxicating effects of THC. This cannabinoid has been marketed for different uses, ranging from pain relief to mood stabilization. THC, or delta-9-tetrahydrocannabinol, is another cannabinoid that is also extracted from the marijuana plant. It causes individuals to feel high.

The legalization of recreational and medical cannabis in different states across the United States and the removal of CBD derived from hemp from its Schedule 1 classification have boosted the marijuana industry’s growth tremendously.

Prior studies have demonstrated that some individuals substitute medical marijuana, which has high THC concentration, for pain medications such as opioids, with many reporting that the former induces fewer side effects and offers better pain relief. However, studies on the use of CBD for the same indications is still limited at best.

This is why researchers from the Chronic Pain and Fatigue Research Center conducted their research, with Kevin Boehnke, a member of the research team, noting that CBD was less harmful in comparison with THC and presented a beneficial harm reduction strategy. The researchers conducted a survey with more than 800 individuals who suffer from fibromyalgia and claimed to use CBD to manage chronic pain.

In the study, the research investigators explained that the disease wasn’t easy to treat and involved different medications that provide modest benefits and many side effects, noting that alternative therapies such as massages and acupuncture weren’t covered by insurance, which made those options less accessible to most individuals. The researchers discovered that more than 70% of the individuals who used CBD had substituted it for other pain medications, including opioids. Of this number, the majority reported that they had either stopped taking or reduced their use of opioids due to the use of CBD.

The researchers note that for most of the patients, the use of CBD was taking place without the guidance of a physician, adding that despite the lack of evidence, individuals who were using the cannabinoid as a substitute for other pain medications had found it to be more efficacious and less harmful.

As devices like the RYAH Smart Inhaler made by RYAH Group Inc. (CSE: RYAH) become increasingly available, patients who use cannabis for pain and other symptoms will find it easier to monitor and record the doses of marijuana they need for symptom relief.

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

About CNW420

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

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420 with CNW — Congressional Committee Authors Report Urging Feds to Rethink Firing Employees Who Use Marijuana

Although federal law still classifies cannabis as a Schedule I controlled substance, more than 30 states have legalized it for either medical or recreational use. This classification has been a constant thorn in the industry’s side, preventing businesses in the cannabis space from accessing crucial banking and financial services. Cannabis consumers have also been caught in the middle, with many of them being penalized by the federal government for actions that are considered legal in their home states.

As such, a powerful Congressional committee has released a report urging federal agencies to reconsider firing employees for using state-legal marijuana. Alongside the report, the annual Financial Services and General Government (“FSGG”) spending bill approved by the House Appropriations Committee also includes a provision that would provide protections for banks that work with state-licensed cannabis businesses.

The committee stated its support for a recent memo sent to federal agencies by the Office of Personnel Management (“OPM”), saying in the report that admission of last cannabis use should not automatically disqualify people from employment. Additionally, a longstanding rider that blocks Washington DC from allowing cannabis sales was conspicuously absent from the spending legislation.

The report, which was attached to the FSGG spending bill, states that the committee supports the updated guidance by the OPM regarding whether past marijuana use affects an individual’s fitness or suitability for a federal position. The report also urged the federal government to reconsider and reevaluate policies that penalize workers for consuming cannabis products when they are legally allowed to do so in their home states. The report concluded that the employment policies should be updated to reflect changes to the laws regarding cannabis usage and how using state-legal cannabis can impact federal employment.

Although the House Appropriations Committee hasn’t made an explicit endorsement for loosening employment restrictions on cannabis use, it is asking the federal government to stop punishing employees for the inconsistencies between state and federal law. Reevaluating strict policies that penalize employees or applicants who admit to consuming cannabis in legal states to make them more lenient would be the first step.

Employees have been the most affected by the differing cannabis policies on the state and federal level, especially those working for federal agencies required to abide by federal law. Just a few months ago, stories emerged about how staffers in the Biden administration who had admitted to past cannabis use were being penalized in some form or other. Although press secretary Jeb Psaki said that no White House staffers had been fired for prior marijuana use, she hasn’t commented on whether they were suspended or placed in remote work programs.

When Congressional committees start voicing their concerns about the contradictions between federal and state marijuana laws, it goes a long way towards helping the cannabis industry, including companies working in the space, such as Hero Technologies Inc. (OTC: HENC), to send a stronger message that some degree of uniformity needs to be established in the way marijuana is regarded across the country.

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

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

Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW420, wherever published or re-published: http://CNW.fm/Disclaimer

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CBDNewsBreaks – Golden Triangle Ventures Inc.’s (GTVH) Strategy Put into Action with Recent Acquisition

Golden Triangle Ventures (OTC: GTVH) (“GTV”), which focuses on purchasing, acquiring or entering joint ventures with high-quality companies that it can help to develop, has completed the acquisition of Sonder Fulfillment LLC. Sonder Fulfillment is a perfect example of GTV’s strategy put into action. A recent article quotes Golden Triangle Ventures CEO Steffan Dalsgaard as saying, “Completing this acquisition brings one of the most amazing teams I have ever had the pleasure to work with formally into our family. I am honored to help the company achieve many of their goals and collectively work towards developing Sonder Fulfillment into a business that I truly believe will become one of the most powerful and greatest end-consumer CBD product manufacturers in the entire world.” Sonder Fulfillment is a leader in the industrial hemp and CBD industry and is committed to developing some of the world’s most powerful and efficacious cannabinoid products.

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

About Golden Triangle Ventures Inc.

Golden Triangle Ventures (“GTV”) 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. For more information, visit the company’s website at 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 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 – The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER) Announces FY 2021 Financial Record, Closing of Private Placement

The Alkaline Water Company (NASDAQ: WTER) (CSE: WTER), a producer of premium bottled alkaline water, flavor-infused waters and CBD-infused products sold under the brand names Alkaline88(R), A88 Infused(TM) and A88CBD(TM), saw record revenue in fiscal year 2021. In its FY2021 financial report, which includes numbers for the full fiscal year ending March 31, 2021, the company reported revenue of $46 million, which represents a 20% growth over fiscal year 2020. In addition to record revenue, the company reported CAGR of 52% since fiscal 2015; cost of goods sold reaching approximately $29.6 million; and gross profit showing a 25% increase over FY2020, totaling an estimated $16.4 million. Company highlights in the report included Alkaline88 water now being sold in more than 75,000 stores across the country; direct store delivery partnerships with Mahaska, Nevada Beverage Company and Hensley Beverage Company, which serve a combined 16,000 clients in five states; and expansion into the multibillion-dollar hospitality and food-service channel. Company president and CEO Richard A. Wright and chief financial officers David Guarino hosted a live conference call to discuss the report on July 6, 2021, at 8:30 a.m. A replay of the call will be available for one week, starting on July 7, 2021. Interesting individuals can access the replay by calling 877-660-6853 in the United States or Canada; international callers can dial 201-612-7415. “Fiscal 2021 was another record year for The Alkaline Water Company continuing our streak of never having a down or a flat year,” said The Alkaline Water Company president and CEO Richard A. Wright in the press release. “Our employees and business partners rose to the occasion throughout last year, and we have seen significant sales acceleration into fiscal 2022. We delivered to our customers and consumers when they needed us most. 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. Our guidance for the full fiscal year 2022 is $62 million, which would represent year-over-year growth of 35%.”

In addition, WTER announced that it had closed a nonbrokered private placement. The placement, comprised of 4,757,381 subscription receipts, priced at $1.05 per share, resulted in $4,995,250.05 in gross proceeds for The Alkaline Water Company. The company noted that it intends to use the proceeds for general working capital and expanding production capacity. Involved in the private placement were WTER chair Aaron Keay and Shaquille O’Neal, former NBA superstar and now well-known sport and business figure; both Keay and O’Neal invested $1,050,000, representing more than 40% of the entire financing. “Alkaline88 continues to be one of the most prominent growing premium functional waters in the category,” said The Alkaline Water Company chair Aaron Keay. “Having just reported another record year, the company could not be better positioned for aggressive growth throughout fiscal 2022 in multiple different sales channels. Leading this financing alongside Shaquille is not only an honor but an aligned testament to both our beliefs that Alkaline88 is becoming a household name for premium waters and a go-to brand across America.”

To view the full press releases, visit https://cnw.fm/4TsL1, https://cnw.fm/Sdalo and https://cnw.fm/y2e7Y.

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 being recognized as a growing lifestyle brand, Alkaline88 launched A88 Infused(TM) in 2019 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. Additionally, in 2020, the company launched A88 Infused Beverage Division Inc., which includes the company’s CBD water and flavor-infused water. For the company’s topical and ingestible offerings, A88 Infused Products includes the company’s lab-tested, hemp-extract salves, balms, lotions, essential oils, bath salts, powder packs, oil tinctures, capsules and gummies. To learn more about the company, please visit www.A88CBD.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

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)

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CannabisNewsBreaks – Grapefruit USA Inc. (GPFT) Announces Strategic Deal, Start of Trend to Grow Hourglass(TM) Brand

Grapefruit USA (OTCQB: GPFT), a premiere California-based cannabis and hemp company, today announced that Captor Capital Corp.’s (CSE: CPTR) (Frankfurt: NMVA) (Stuttgart: NMVA) retail dispensaries will all feature GPFT’s Hourglass(TM) Time Release THC+CBD Delivery Topical Relief Cream commencing this week. Captor, a vertically integrated cannabis company that cultivates, manufactures and distributes recreational and medical marijuana-based products, owns eight retail cannabis dispensaries from Santa Barbara County to Santa Cruz County, California. “Over the last 15 months, Grapefruit has been hampered from effectively distributing our Hourglass topical relief cream to new retail cannabis outlets due to the COVID-19 lockdown. Now that the lockdown is over, GPFT is able to effectively distribute Hourglass products throughout California,” said Bradley J. Yourist, Grapefruit’s CEO and co-founder. “Grapefruit is confident that as we educate licensed cannabis retailers about the many benefits of the Hourglass time-release delivery system, we will be able to distribute cannabis products based on the Hourglass delivery system to the many hundreds of retail cannabis stores throughout California over the coming quarters. We believe the Captor deal is only the start of a trend that will allow Grapefruit to quickly grow Hourglass brand awareness and Grapefruit revenues. We know the patented Hourglass time-release topical delivery system not only works effectively but is the most effective in the world. We are excited to accelerate the rate at which we deliver the Hourglass technology to our customers that have demonstrated a pressing need for it!”

To view the full press release, visit https://cnw.fm/CU0s9

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.

To receive SMS text alerts from CannabisNewsWire, text “CANNABIS” to 21000 (U.S. Mobile Phones Only)

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420 with CNW — Stuff You Should Know About Legal Cannabis in Michigan

In 2018, the state of Michigan became the first state in the Midwest to legalize recreational cannabis. The legislation, which went into effect in December of the same year, is known as the Michigan Regulation and Taxation of Marijuana Act.

This move came a decade after voters in the state approved the Michigan Medical Marijuana Program. The program, which operates as a division in the state’s cannabis regulatory agency, is governed by different legislation and is detached from the agency’s medical and adult-use cannabis licensing division.

While this isn’t a prescription, the law requires that only a physician of osteopathic medicine and surgery or a medical doctor who has a current practice license in the state can sign the physician certification for a patient to qualify for the program. Additionally, the law governing the state’s medical cannabis program lists medical conditions that are eligible for the use of medical cannabis. The National Academy of Sciences’ Institute of Medicine has found that the plant is beneficial in treating and reducing nausea and pain as well as other symptoms linked to various debilitating medical conditions.

The main differences between recreational and medical marijuana can be observed in the amount and taxes paid, as taxes for recreational cannabis are higher. Either way, if users are planning to or are using either recreational or medical cannabis, there are a few things to keep in mind with regard to state law.

The law states that individuals aged 21 and above are allowed to process, store and possess no more than 10 ounces of cannabis and should not grow more than 12 cannabis plants for personal use. This is in addition to stipulating that individuals aged 21 and above are allowed to process, transport, purchase, consume, use and/or possess no more than 15 grams of cannabis concentrate and 2.5 cannabis flower ounces.

Additionally, drivers are not allowed to have more than 15 grams of cannabis concentrate or 2.5 cannabis ounces on their person. Drivers are also not allowed to consume cannabis while operating any motor vehicle and are also barred, along with their passengers, from smoking cannabis in the passenger area of a vehicle. In addition to this, passengers and drivers cannot transport cannabis into Canada.

The penalties for operating under the influence of cannabis are similar to those of operating under the influence of alcohol. Penalties include six points on an individual’s driving record, a license suspension, a $500 fine and three months in jail, among others.

It appears that the regulations established in Michigan aren’t such a big hindrance to the sector. This is because many companies, including Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF), have established themselves in this market and are thriving.

NOTE TO INVESTORS: The latest news and updates relating to Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) are available in the company’s newsroom at https://cnw.fm/RWBYF

About CNW420

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

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420 with CNW — UN Calls for Worldwide Ban on Cannabis Advertising

Every year, the United Nations’ (“UN”) drug division releases a drug report, offering policy recommendations regarding drug and drug use for its member nations. The 2021 World Drug Report, released by the UN Office on Drugs and Crime (“UNODC”), has urged a global ban on cannabis advertising, promoting and sponsoring. According to the report, as more territories have legalized marijuana and THC potency has continually increased, the perception of the drug’s risks has reduced, especially among the youth.

A comprehensive ban on all forms of marijuana advertising is in the best interest of public health, the report states, and a ban would ensure that business interests follow guidelines to protect public health interests. Although such a proclamation would seem like a major blow to the young but swiftly growing cannabis industry, pundits say it is tacit recognition of the inevitability of legal cannabis by the prohibitionist body. Before the 2021 report, the UN Office on Drugs and Crime’s standard policy on cannabis was that it should be prohibited, not regulated.

By giving its member nations tips on how to regulate the industry, which is one of the fastest-growing sectors in America, the UN is unofficially recognizing the popularity of cannabis reform and preparing for a future where legal cannabis markets will be the norm rather than the exception. As such, some players in the cannabis market feel that the UN’s recommendation to ban cannabis advertising is a positive development. According to UNODC, this ban would have to apply across “all jurisdictions,” and member nations would need to invest more in cannabis research.

Specifically, these funds would be used to research the negative effects of recreational cannabis use as well as the various medical conditions that are said to be treatable by cannabis. However, since the UN doesn’t have the authority to enforce a ban on cannabis advertising, the report’s recommendation is one that member nations are free to take up or ignore. The report compares such a ban to the provisions placed on tobacco by the WHO Framework Convention on Tobacco Control.

Steve Rolies, a senior policy analyst at Transforma Drug Policy Foundation, says the UN’s recommendation is an acknowledgement of the fact that cannabis legalization is inevitable. Comparing it to the ban on tobacco advertising shows that, although the division may not approve of the industry, it has accepted that there is no stopping the forward momentum and has decided to protect vulnerable individuals, especially the youth, from cannabis promotion.

Cannabis sector players from different jurisdictions, including  Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM), are already operating under tight regulatory frameworks.

NOTE TO INVESTORS: The latest news and updates relating to Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) are available in the company’s newsroom at http://cnw.fm/PACR

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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Chalice Farms to Celebrate Cannabis Industry Holiday, National Oil Day, With Discounts on Concentrates, Dab Bus Pop-Up Experience and Collaboration with Local Artist

Tweet it: Enjoy discounts @ChaliceFarms this #710 on ALL dabs and toke up on the Dab Bus! #NationalDabDay #NationalOilDay #Oregon #Cannabis

PORTLAND –Chalice Farms will celebrate cannabis industry holiday, National Oil Day, with specials on cannabis concentrates, a collaboration with local artist, Damien Gilley, and a pop-up dab bus experience on Saturday, July 10.

In honor of National Oil Day on Saturday, 7/10, which spells “OIL” upside-down, Chalice Farms will offer 30% off all dab products, 20% off all cartridges and discounts on products from Elysium Fields, Bobsled and White Label extracts from Friday, July 9 through Sunday, July 11. Chalice Farms will partner with local optical illusionist artist, Gilley, for an exclusive design across all Chalice Farms locations.

Chalice Farms will also host a dab bus pop-up experience from noon to 7 p.m. on Saturday, July 10, at 823 SW Naito Parkway in Portland and at its sister location, Homegrown, at 2820 Liberty St. NE in Salem, Ore. Customers will be invited to climb aboard and legally consume cannabis purchased from the dispensary with dab rigs and cannabis hardware available for use.

The popular dispensary commissioned local artist, Gilley, to create digital art files exclusive to Chalice Farms to be displayed at all locations starting in July, bringing vibrancy to the street art with a large exterior installation at its downtown Portland location. The art will be displayed at all of Chalice Farms’ locations through window vinyls and displays, and the company will offer a limited-edition capsule collection of merchandise that highlights Gilley’s art including t-shirts and water bottles. Gilley is a local multi-disciplinary artist, educator and art director. His work spans the range of architectural interventions, stage sets, installations, activations, large scale wall works and art exhibitions.

“We’re always looking for ways to support local artists here in Oregon,” said Jeff Yapp, CEO of Chalice Brands, which operates Chalice Farms. “7/10 is a celebratory industry holidays that brings people together similarly to 4/20, and we’re excited to be able to bring this innovative, on-site dab bus experience directly to our customers.”

Popular concentrate options at Chalice Farms include:

  • Mana Extracts, derived from hand-selected quality flower, with strains including kosher kush, lucid miracle, alien cookies and more.
  • Beehive extracts, strain-specific, including bermuda sunset, pineapple cookies, rocket fuel, sour silver, and golden ozberry.
  • Echo Electuary live budder, an extract with high terpene expression and retention with strains including black dog, blueberry muffins, elephant ears, orange fire, redneck wedding and more.
  • Bobsled extracts utilizes flower from its North Portland farm, flash frozen at harvest at -110 degrees Fahrenheit and immediately processed to maintain robust terpene profile with strains including AC/DC, black mamba, grape animals, purple punch and more.
  • White Label extracts aim for the highest quality, highest purity and safest product possible for a competitive price with strains including cama tsu blue, hibiscus, Oregon indigo and more.
  • Elysium Fields’ cartridges, crafted with flash-frozen high-quality flower through a hydrocarbon extraction process.

Chalice Farms encourages customers to take advantage of its online ordering platform, plus delivery and express pick-up offerings. The company’s online ordering platform allows customers to reserve products, select options for pick-up in store, have products delivered or utilize curbside pick-up.

Chalice Farms offers complimentary delivery services for orders of $60 or more, available daily beginning at noon. Deliveries are collected and distributed on an hourly basis, with an estimated wait time of 30 to 90 minutes. More information on delivery is available here.

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About Chalice Farms:

Since its inception in 2014 as one of the first cannabis companies in Oregon, Chalice Farms has grown into one of the top cannabis operators in the state, now with seven locations in the Portland metropolitan area. Locations include 13315 NE Airport Way, 823 SW Naito Pkwy., 1178 N Hwy 99W, 15252 OR-224, 5333 SE Powell Blvd., 16735 SW Pacific Hwy. and 10055 NE Glisan St. Voted “People’s Choice Award” winner in DOPE Magazine for its in-house edibles in 2015, Chalice Farms is a farm-to-table lifestyle cannabis company based in the Pacific Northwest. Senior citizens and military members always receive 10 percent off at all locations. Chalice Farms is built on a foundation of health and wellness, education, product innovation and customer service excellence. More information is available on the website, Facebook, Instagram and Twitter.

About Chalice Brands:

Chalice Brands, Ltd. is a premier, consumer-driven cannabis company specializing in production, processing, wholesale, distribution and retail, with 12 dispensaries throughout Portland, Oregon. The Company is committed to developing a dynamic portfolio built around the recognized brands of Chalice Farms and Homegrown Oregon, with a focus on health and wellness.  Chalice Brands operates nationally through Fifth & Root and has operations in Oregon and California. Visit https://chalicebrandsltd.com/ for regular updates.

Important Notices and Disclaimers:

Chalice Brands, Ltd. does not provide medical advice and you should consult with your physician prior to beginning or continuing the use of cannabis or any health and wellness program. These statements have not been evaluated by the Food and Drug Administration. The products described above in this release, are not intended to diagnose, treat, cure, or prevent any disease. To the fullest extent permitted by applicable law, no warranties, promises and/or representations of any kind, express or implied, including but not limited to warranties of merchantability or fitness for a particular purpose, are given as to the nature, standard, accuracy, effectiveness, or otherwise of the information Chalice Farms provides in its digital wellness initiative, nor to the suitability or otherwise of the information to your particular case or circumstances and you expressly agree that your use of the Chalice Farms digital wellness initiative information is at your sole risk. Chalice Farms and the Chalice Farms logo are registered trademarks of Chalice Brands, Ltd.

Media Contacts:
Sidney Stewart/Emmaline Lewis
ChaliceFarms@WickedCreative.com

About CannabisNewsWire

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

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