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 — Amsterdam Plans to Exclude Tourists from Cannabis Shops

For the longest time, Amsterdam has been known for its liberal attitudes towards drugs. Before the coronavirus pandemic broke out, the city attracted more than 1 million visitors a month, close to 200,000 more than its permanent population. Thanks to the introduction of cheaper flights, a lot of these people were young “budget tourists” whose sole intention was indulging in the marijuana sold in Amsterdam’s coffee shops.

If Mayor Femke Halsema has her way, however, tourists will no longer be able to buy cannabis from the city’s numerous coffee shops. Halsema, who is Amsterdam’s first woman mayor, has proposed a plan that, if passed, would restrict the sale of marijuana products to residents of the Netherlands and Dutch nationals. She intends to stop the influx of young budget tourists coming into the city just to smoke marijuana and to undermine the criminal organizations that are behind the drug trade.

The plan has the support of the public prosecutor, the police and the business community in the city center. It is similar to policies enacted by cities in the south of the Netherlands, such as Den Bosch and Maastricht, which saw tons of tourists from Belgium, France and Germany and have since banned them from visiting their coffee shops. According to the Halsema, the cannabis trade has become “too big and overheated”; Halsema added that she wants the city to be known for its numerous first-class attractions not just cannabis.

According to research commissioned by the government, 57% of foreign visitors say visiting a coffee shop is a “very important” reason for coming to Amsterdam. The city has 166 coffee shops, and said Halsema, most of them, especially at the city center, deal mainly with cannabis tourists. She wants to shrink the large cannabis market and make it more “manageable.” Of the 166 coffee shops, 66 would be able to support demand from locals, the research found.

There are simply too many cannabis tourists streaming into the city every month, Halsema says, and these tourists have caused a massive increase in the demand for cannabis. Although the Netherlands allows the possession of less than 0.18 ounces of marijuana for personal consumption, the actual production and supply of cannabis are outlawed. Since it is illegal to produce, store or distribute cannabis, large quantities of marijuana for resale tend to originate from criminal enterprises.

The funds from these illegal trades have helped to lay the foundations for a flourishing underground drug economy, the “New York Times” reports. By reducing the demand for marijuana and confining sales to just residents, Halsema hopes to undermine the criminal organizations operating behind the scenes.

Back on American soil, numerous legal entities are thriving in the cannabis space. For instance, The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER) is enjoying massive success with its recently launched A88CBD brand, which contains several topical and edible products infused with CBD.

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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HempNewsBreaks – HempFusion Wellness Inc. (TSX: CBD.U) Subsidiary Unveils Amazon Store, Expands Product Selection

HempFusion Wellness (TSX: CBD.U), a leading health and wellness CBD company utilizing the power of whole-food hemp nutrition, has announced that its wholly owned subsidiary, Probulin Probiotics LLC has launched its own ecommerce store on the Amazon platform. Probulin has also expanded its product offerings in major brick-and-mortar locations, including Sprouts and Fresh Thyme. The new products now available on the shelves include Probulin’s new Probulin Total Care Immune product. Probulin is one of the fastest-growing probiotic supplement brands in the United states according to Spins syndicated data. The company announced its Amazon store beta launch in early December 2020, and initial results show a strong average return on ad spend (“ROAS”) of $8.54 for every $1 invested. Probulin ships its products on ice straight to consumers’ doors, one of Amazon’s only probiotic brands to do so. The company follows its scientifically validated MAKTrek-3-D Probiotic Delivery System to ensure better survival of the beneficial probiotic bacteria. “We are incredibly excited to launch the Probulin Store on Amazon, which provides our brand with tremendous exposure to new customers,” said HempFusion CEO Jason Mitchell, ND, in the press release. “Seventy percent of our immune system resides in the gut, so it’s no surprise that today, more than ever, consumers are actively researching probiotics, looking for brands they can trust to support digestive and immune health as well as overall health and wellness. Launching our Probulin Store on the largest eCommerce platform globally is a tremendous step for the Company and supports our broader initiative of driving significant e-Commerce growth over the course of 2021 and beyond.”

To view the full press release, visit https://cnw.fm/2I6NK

About HempFusion Wellness Inc.

HempFusion is a leading health and wellness CBD company utilizing the power of whole-food hemp nutrition. HempFusion distributes its family of brands, including HempFusion, Probulin Probiotics, Biome Research and HF Labs, to approximately 4,000 retailers across all 50 states of the United States and select international locations. Built on a foundation of regulatory compliance and human safety, HempFusion’s diverse product portfolio comprises 46 SKUs (“SKUs”) including tinctures, proprietary FDA Drug Listed over-the-counter (“OTC”) topicals, doctor/practitioner lines and more. With a strong focus on research and development, HempFusion has an additional 30 products under development. HempFusion is a board member of the US Hemp Roundtable, and HempFusion’s wholly owned subsidiary, Probulin Probiotics, is one of the fastest-growing probiotics companies in the United States, according to SPINs reported data. HempFusion’s CBD products are based on a proprietary Whole Food Hemp Complex(TM) and are available in store or online. For more information about the company, visit www.HempFusion.com.

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

About HempWire

HempWire (HW) is a dedicated information provider focused on (1) aggregating hemp-related news, (2) issuing HempNewsBreaks designed to update investors on the latest developments in the hemp market, (3) enhancing corporate news releases, (4) providing full-service distribution and social media offerings to public and private client-partners and (5) designing and implementing all-inclusive corporate communication solutions. HW is strategically positioned within the rapidly expanding hemp sector with a team of journalists working to help a growing roster of public and private companies reach a wide audience of investors, consumers and members of the media. We leverage a vast network of more than 5,000 key syndication outlets to deliver unparalleled visibility, recognition and content to the hemp industry. HempWire (HW) is where HEMP news, content and information converge.

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HempNewsBreaks – HempFusion Wellness Inc. (TSX: CBD.U) Enters Distribution Agreement with European Distributor, Offers Products in Ireland

HempFusion Wellness (TSX: CBD.U), a leading health and wellness CBD company utilizing the power of whole-food hemp nutrition, has announced an exclusive distribution agreement with a European distributor that has an extensive retail-store network. This agreement marks HempFusion’s launch into the European market. The company will start by offering proprietary products from both its Probulin and HempFusion brands in Ireland; available products will include Women’s Health Probiotic, Probulin Daily Care Probiotic, Total Care Probiotic, and both 10MG and 20MG USDA Organic Tincture. The products are fully acknowledged by the Food Safety Authority of Ireland (“FSAI”) and include European Union compliant labeling, packaging and distribution. “We are incredibly excited to launch sales into Europe, starting with Ireland, through an exclusive distribution agreement with a consumer goods distributor whose deep and established relationships include nearly every major European retail chain,” said HempFusion co-founder and CEO Jason Mitchell, ND, in the press release. “This launch establishes HempFusion’s European presence and represents the initial phase of the company’s broader European expansion plans.”

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

About HempFusion Wellness Inc.

HempFusion is a leading health and wellness CBD company utilizing the power of whole-food hemp nutrition. HempFusion distributes its family of brands, including HempFusion, Probulin Probiotics, Biome Research and HF Labs, to approximately 4,000 retailers across all 50 states of the United States and select international locations. Built on a foundation of regulatory compliance and human safety, HempFusion’s diverse product portfolio comprises 46 SKUs (“SKUs”) including tinctures, proprietary FDA Drug Listed over-the-counter (“OTC”) topicals, doctor/practitioner lines and more. With a strong focus on research and development, HempFusion has an additional 30 products under development. HempFusion is a board member of the US Hemp Roundtable, and HempFusion’s wholly owned subsidiary, Probulin Probiotics, is one of the fastest-growing probiotics companies in the United States, according to SPINs reported data. HempFusion’s CBD products are based on a proprietary Whole Food Hemp Complex(TM) and are available in store or online. For more information about the company, visit www.HempFusion.com.

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

About HempWire

HempWire (HW) is a dedicated information provider focused on (1) aggregating hemp-related news, (2) issuing HempNewsBreaks designed to update investors on the latest developments in the hemp market, (3) enhancing corporate news releases, (4) providing full-service distribution and social media offerings to public and private client-partners and (5) designing and implementing all-inclusive corporate communication solutions. HW is strategically positioned within the rapidly expanding hemp sector with a team of journalists working to help a growing roster of public and private companies reach a wide audience of investors, consumers and members of the media. We leverage a vast network of more than 5,000 key syndication outlets to deliver unparalleled visibility, recognition and content to the hemp industry. HempWire (HW) is where HEMP news, content and information converge.

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420 with CNW — What You Need to Know About Cannabis Home Cultivation in Arizona

Voters in Arizona overwhelmingly approved a ballot initiative to legalize recreational cannabis in the state during the November ballot. Known as the Smart and Safe Arizona Act, the legislation allows adults aged 21 and older to buy and possess cannabis. The act also legalized home cultivation, allowing adults to grow up to six cannabis plants or no more than twelve plants in residences with more than one adult.

For gardening enthusiasts who would like to grow their own marijuana, this presents a fantastic opportunity. Growing cannabis from seed all the way to flower can be quite a rewarding experience, but it requires attention to detail and the right conditions. If you’re looking to grow cannabis at home in Arizona, here are a few things you need to know.

As mentioned, home cultivators can grow a limited number of cannabis plants. You can use either seeds or cuttings from another plant. You can purchase seeds from websites such as Leafly, but note that only female seeds produce flowers. Feminized seeds, which are genetically engineered to produce only female plants, are more expensive. Josh Sundberg, a farmer and co-owner of Community Roots AZ, recommends Canna Genetics Bank and Neptune Seed Bank in California.

Cuttings tend to be easier for beginners compared to seeds, but there aren’t any legal businesses in the state selling clones at the moment. You can, however, clone an existing plant. To do so, grow several seeds at once, label each of the plants, and take a cutting from each of them before they flower.

It takes around 50 to 60 days for a cannabis plant to mature. Once it is harvested, says master grower Noah Wylie, the plants should be dried for 10 to 14 days. Although the flowers can be consumed at this point, curing them for a little longer increases the quality. For beginners, Wylie suggests hybrid strains and advises them to avoid strains labeled “OG” or “exotic.” Growing the plants is generally a trial-and-error process, and Wylie tells people to be ready for a few disappointing rounds before they find the best phenotype.

For your plants to flourish, you will need nutrient-rich soil coupled with just the right amounts of water and light. FoxFarm soils, a popular brand used by plenty of growers, is sold by both Dig It Gardens and the Plant Stand. Nectar of the Gods, Blend #4, found at PHX Hydro in West Phoenix, is also a solid brand.

Growers will also need the full spectrum of light, says Wylie, and he recommends starting off with an affordable growing light such as the ones sold by Sea of Green HydroGardens in Temple. Get your hands a little dirty before you buy expensive equipment, he advises. Do a trial run or two, and use the experience you gain to guide you moving forward.

A number of companies are developing novel complementary products for the medical cannabis industry and beyond. For instance, RYAH Group Inc. has a system that helps doctors to administer and monitor plant-based medicines remotely, and the company is getting set to register on the Canadian Stock Exchange.

NOTE TO INVESTORS: The latest news and updates relating to RYAH Group Inc. 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 — Wyoming Taking Cannabis Legalization Notes from Neighbors

Wyoming is among the last few states in the United States that has not yet accepted legal marijuana in some form. The state is surrounded by states such as Montana and South Dakota that have legalized cannabis, and while it is unclear when Wyoming will legalize cannabis, it is known that the state is exploring legal options with regard to legalization.

The reason for the state turning to its legal counterparts for information on cannabis legalization may be data that shows that the state’s residents are looking for more access to marijuana. Additionally, data from a study conducted in December 2020 by the University of Wyoming showed that 54% of the state’s residents supported the herb’s legalization and, in particular, adult-use marijuana.

The report claimed that a steady rise in support was observed from 2014 to 2018 and shows that the support in legalization grew from 37% in 2014 to 41% then 49% in 2016 and 2018, respectively.

Chief of police in Sheridan, Wyoming, Travis Koltiska, feels that trafficking marijuana across state lines will not be stopping any time soon. In fact, he notes, there may even be an increase, especially when the data above is taken into consideration.

Sheridan County Sheriff Allen Thompson added that bigger legal operations in the states that surround Wyoming have shown an increased availability in the amounts of cannabis that are distributed, adding that this will likely grow. He noted that residents of Wyoming did travel to other states to obtain marijuana, explaining that this number could grow in the future.

In addition to the data mentioned above, three out of every four people who live in the state believe that individuals caught in possession of marijuana shouldn’t serve jail time. This shows a general increase in acceptance of cannabis legalization, as this number was at 66% in 2014, before growing to 69% in 2018.

However, many are still concerned that looking at marijuana legalization as a way to grow government revenue is not the best idea and other factors should be taken into account. Thompson explains that, while government revenue might grow in the short term if cannabis is legalized, he is concerned about the costs that will be paid in the long term with regard to the state’s public health system, which is already short on money and personal health.

Thompson proposes that efforts to legalize cannabis in the state should instead focus on factual education about the advantages and disadvantages of using cannabis, backing the health systems and centering on personal freedoms.

Away from the cannabis legalization debate in Wyoming, a number of companies are hitting it big through products that don’t contain the psychoactive THC. For example, CannAssist International Corp. (OTCQB: CNSC) was so successful that it was among the first U.S.-based CBD companies to go public on a major exchange.

NOTE TO INVESTORS: The latest news and updates relating to CannAssist International Corp. (OTCQB: CNSC) are available in the company’s newsroom at https://cnw.fm/CNSC

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 – The Alkaline Water Company Inc. (CSE: WTER) (NASDAQ: WTER) to Launch Alkaline88(R) Products at 99 Cents Only Stores

The Alkaline Water Company (CSE: WTER) (NASDAQ: WTER), a producer of premium bottled alkaline and flavored-infused drinking waters and CBD-infused products, today announced that its three-liter offering and four A88-Infused(TM) flavored waters will be available in all 99 Cents Only Stores locations across California and the Southwest regions. “We are pleased to announce that our flagship brand and four of our popular flavors will be offered by another exciting banner in the specialty discount retail channel,” stated Ricky Wright, president and CEO of The Alkaline Water Company. “As a trusted national brand, it is encouraging to see our brand extension strategy in play, with our new and innovative offerings creating larger opportunities for our team. During calendar 2020, our efforts to penetrate this space have yielded strong results. Our small and large formats are now carried in approximately 8,000 stores in this channel, with a strong sales pipeline for the current year. The specialty discount channel presents a tremendous opportunity for our growing lifestyle brands, and we expect to add another 6,000 to 8,000 new store locations over the next 12-18 months. Our earlier wins in this channel are seeing good momentum with consistent repeat orders and strong turns. Beyond our beverage brands, we believe that our A88CBD products will do exceptionally well in this channel, especially as the CBD regulatory framework is further defined in 2021.”

To view the full press release, visit https://cnw.fm/A79y1

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. 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 both the company’s lab-tested, full-spectrum hemp salves, balms, lotions, essential oils and bath salts, along with broad-spectrum hemp, powder packs, oil tinctures, capsules and gummies. To learn more about the company, 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 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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CBDNewsBreaks – HempFusion Wellness Inc. (TSX: CBD.U) Becomes One of First Publicly Traded Companies to Receive USDA Organic Certification for CBD Tinctures

HempFusion Wellness (TSX: CBD.U), a leading health and wellness CBD company utilizing the power of whole-food hemp nutrition, has received USDA Organic Certification for its HempFusion CBD tinctures; the exclusive line of tinctures offers products with potency from 150mg (5mg per serving) to 1,500mg (50mg per serving) of CBD per bottle. HempFusion is one of the first publicly traded CBD companies to receive the certification; the distinction is significant because organic products generally represent some of the highest quality products available. The process to certify its tinctures as USDA Organic started in 2018, and involve providing detailed documentation for every step in the growth, production and manufacturing process of the product ingredients. In addition, HempFusion was required to demonstrate that it met rigorous organic standards regarding it CBD tinctures. The company recently expanded its tincture line to include two new products, designed for consumers who are looking for more CBD per serving. These new products offer 30 and 50mg of CBD per serving or 900 and 1500mg of CBD per bottle, respectively. “Our team has worked meticulously to earn USDA Organic Certification, which supports our commitment to providing consumers with premium and differentiated CBD products as well as new potential distribution points,” said HempFusion co-founder and CEO Jason Mitchell in the press release. “This prestigious certification joins our many other compliance markers, further establishing HempFusion as a leader in the premium CBD category.”

To view the full press release, visit https://cnw.fm/oY2Oh

About HempFusion Wellness Inc.

HempFusion is a leading health and wellness CBD company utilizing the power of whole-food hemp nutrition. HempFusion distributes its family of brands, including HempFusion, Probulin Probiotics, Biome Research and HF Labs, to approximately 4,000 retailers across all 50 states of the United States and select international locations. Built on a foundation of regulatory compliance and human safety, HempFusion’s diverse product portfolio comprises 46 SKUs (“SKUs”) including tinctures, proprietary FDA Drug Listed over-the-counter (“OTC”) topicals, doctor/practitioner lines and more. With a strong focus on research and development, HempFusion has an additional 30 products under development. HempFusion is a board member of the US Hemp Roundtable, and HempFusion’s wholly owned subsidiary, Probulin Probiotics, is one of the fastest-growing probiotics companies in the United States, according to SPINs reported data. HempFusion’s CBD products are based on a proprietary Whole Food Hemp Complex(TM) and are available in store or online. For more information about the company, visit www.HempFusion.com.

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

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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420 with CNW — NJ Cannabis Legalization Still in Legal Limbo After New Year Begins

On November 3 last year, voters in New Jersey overwhelmingly approved a ballot question asking whether the state should allow adults aged 21 and over to sell, possess and use cannabis. The Legislature and Cannabis Regulatory Commission was tasked with creating a regulatory framework for recreational cannabis, with a constitutional amendment that would officially legalize cannabis kicking in on Jan. 1, 2021. However, with lawmakers still negotiating key sections of the legislation, the state still hasn’t passed legislation that would launch the recreational market.

Robert Williams, a retired constitutional law professor at Rutgers Law School, says that nearly two months after voters approved cannabis legalization, the commission hasn’t created any regulations or implemented any laws, a situation he calls “odd.” Although state lawmakers have already crafted and passed enabling legislation consisting of two bills to set the ball rolling, Gov. Phil Murphy hasn’t signed any legislation into law.

The governor, who had cannabis legalization as one of his campaign platforms, is holding off on signing the legislation until lawmakers add a provision to levy fines on underage marijuana users. According to a proposed change his office sent to legislators, anyone younger than 21 found with one ounce or less of cannabis would be fined $250 while the possession of one to six ounces of cannabis would carry a $500 fine. Along with decriminalizing cannabis, the goal was also to ensure that minors were protected, Murphy says.

Activists also argue the bills don’t do enough for the communities that were disproportionately affected by marijuana laws. Police in New Jersey are particularly tough on marijuana crimes, with Black people being three and a half times more likely to be arrested for possession than white people, despite relatively similar usage rates. Other issues holding back the legislation include the capping of the number of available licenses for the first two years and giving employers the right to test their employees for THC.

Levying fines on underage people who use cannabis goes against the legislation’s objective, which is to limit interactions with police, especially among Black youth. ACLU of New Jersey executive director Amol Sinha asks why minors should be burdened with criminal records if the state is passing laws to clear criminal records of people with cannabis-related offenses.

With the cannabis legislation hanging in limbo, Attorney General Gurbir Grewal has asked state prosecutors at all levels to dismiss or, at the very least, delay any marijuana charges that would otherwise be considered legal under the pending legislation.

Aside from the legal gymnastics going on in New Jersey, cannabis firms elsewhere are thriving. For example, Green Hygienics Holdings Inc. (OTCQB: GRYN) is poised to grow its revenue explosively given that it has a capacity to cultivate more than 800 acres of USDA Certified Organic hemp while the average hemp farm in the entire North America is only 15 acres big.

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

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 – MAZAKALI Highlights 2021’s Positioning as a Pivotal Year for the Cannabis Sector

MAZAKALI, the online platform for cannabis investments, recently discussed potential of the current cannabis industry in a GreenPaper(R) titled, “Cannabis 2021: Five Things To Watch.” The article reads, “For many, the 2020 lockdown experience was punctuated by Tiger King and The Queen’s Gambit, and also best viewed in hindsight. 2021 has arrived and is poised to be a pivotal year for the cannabis complex. The tailwinds of political support, ‘essential’ status, legalization in 70% of U.S. states, local government desire for tax revenue and increased public health focus are expected to drive a five-year 27% industry CAGR – making this industry one of the fastest growing in the world. A classic emerging market, it is likely that cannabis proves to be the best performing asset class this decade and also unlikely that any sector remains untouched by this plant as we continue our march toward global acceptance.”

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

About MAZAKALI

Headquartered in San Francisco, MAZAKALI offers its Digital Capital Investment Platform to the global cannabis complex. Registered Investment Advisors customize investment portfolios via MAZAKALI’s Outsourced Cannabis Investment Officer (“OCIO”) service, and licensed Investment Bankers help operators with capital and M&A services. MAZAKALI’s leadership team began putting cannabis capital to work in 2014 and brings over 150 years of financial, strategic, legal, compliance and international business experience to clients across the global hemp and non-hemp cannabis (“NHC”) industries.

The MAZAKALI GreenPaper(R) has gained authority through knowledge on deep trends in the industry that matter to investors and operators alike. Securities are offered via a licensed broker/dealer.

MAZAKALI was founded to counteract the negative consequences of business practices that deplete resources by making investments in sustainable hemp and non-hemp cannabis. By shepherding capital in a responsible and ethical manner, MAZAKALI and its clients envision a world where cannabis capital investment will play a significant role Beyond Impact.

For more information, visit www.MAZAKALI.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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CBDNewsBreaks – Jupiter Wellness Inc. (NASDAQ: JUPW) Announces Completion of Patient Enrollment for Study of Cannabidiol Lotion for Eczema Treatment

Jupiter Wellness (NASDAQ: JUPW), a leading developer of cannabidiol (“CBD”)-based medical therapeutics and wellness products, has completed patient enrollment in its upcoming clinical study of JW-100, its proprietary cannabidiol lotion formulation for the treatment of atopic dermatitis, or eczema. The study is designed to investigate the efficacy and safety of JW-100. JUPW enrolled 66 patients for the multi-center, double-blinded, placebo-controlled trial. Study participants will be randomly selected to receive one of three topical formulations, including a placebo, at least twice daily. Data from the study is expected in Q1 2021. “We are eager to see the results of this trial, and should JW-100 prove effective, we plan to use the data from this study to file an Investigational New Drug (‘IND’) application with the U.S. Food and Drug Administration,” said Jupiter CEO Brian John in the press release. “With the eczema market valued at more than $10 billion in 2020 and a high percentage of patients unsatisfied with their current treatments, we believe Jupiter will be well-positioned to capitalize on the opportunity with our CBD-based proprietary formulation.”

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

About Jupiter Wellness Inc.

Jupiter Wellness is a leading developer of cannabidiol (“CBD”)-based medical therapeutics and wellness products. The company’s clinical pipeline of prescription CBD-enhanced, skin-care therapeutics address indications including eczema, burns, herpes cold sores and skin cancer. Jupiter generates revenues from a growing line of proprietary over-the-counter skin-care products including its flagship CaniSun(TM) sunscreen and other wellness brands sold through its robust distribution platform. For additional information about this company, please visit www.JupiterWellnessInc.com.

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

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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