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 — State Reveals Stores Have Sold Marijuana Products Valued at Half a Billion Dollars

For the sixth consecutive month, Illinois has crushed yet another cannabis sales record, having reached a $500-million-worth benchmark of legal marijuana products that have been bought since the program was launched at the start of this year. Illinois has shown that its marijuana market is not only pandemic proof but also recession proof.

Last month, adults bought 1,557,880 cannabis products worth $75,278,200 cumulatively. That’s almost $8 million more than sales in September and about twice the sales recorded in January. These figures do not include purchases made through the state’s medical marijuana program. Based on this, to say the strides made in the market weren’t in the least impressive would be a blatant lie.

It is estimated that about $21 million of these recorded sales came from out-of-state tourists while roughly $55 million in purchases came from in-state residents. In addition, state officials announced in October that the state had surpassed $100 million in revenue due to the high sales. The revenue is being used to fund restorative justice programs and local governments.

Illinois state officials stated that the tax revenue from the market will be reinvested in communities that have been most affected by the drug war. Almost 25% of the tax revenue collected has been designated for restorative justice grants, and other funds will be used to support mental health and substance misuse treatment programs. In May, the state had announced that it would be making nearly $31 million in social equity grants available to communities that had been identified as economically distressed.

Additionally, before the state implemented its cannabis system, Illinois Gov. J.B. Pritzker pardoned more than 11,000 individuals with prior marijuana convictions. The governor also revealed in October that he would be granting more acts of cannabis clemency in the coming months. Amid the coronavirus pandemic, the recent sales numbers also strengthen the argument made by pro-reform lawmakers in various states.

However, not all parties are excited about this increase in sales. An alliance of state medical societies released a joint statement last week that criticized the efforts to legalize cannabis. These statements noted that the various societies appreciated the economic challenges states face as a result of the coronavirus pandemic but urged against legalization of cannabis as a way to address these challenges.

This is despite the fact that South Dakota, Oregon, New Jersey, Montana, Arizona and Mississippi have approved various measures that legalize cannabis in their states during this week’s elections.

The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER) is one cannabis sector player you should watch. The company started out providing premium alkaline water, and it has now set its sights on adding topical and ingestible hemp-infused products to its portfolio.

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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CannabisNewsWire420
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420 with CNW — 5 Mistakes You Should Avoid While Making Cannabis Gummies

Although quite young, the market for cannabinoid-infused products is swiftly growing. Consumers have especially taken a liking to gummies infused with cannabidiol (“CBD”) and THC, the most prominent cannabinoids. According to Google, CBD gummies were the third most searched food by Americans in 2018. All in all, the global market for CBD gummies is expected to register a compound annual growth rate of 31.9% by 2025.

However, creating cannabinoid-infused gummies that consistently sell is no easy task, and one single mistake could leave you with a batch of gummies no one wants to buy. So, as you work to develop your cannabinoid-infused gummies, make sure to avoid the following mistakes;

Sacrificing flavor for potency. Cannabinoids such as THC and CBD have a naturally bitter, hemp-like taste, and at potency ratios above 2 to 3 milligrams of cannabinoid per one gram of gummy, the taste becomes difficult to mask. Since we’re dealing with confectionaries, taste matters a whole lot, and customers will be put off by a gummy that tastes bitter. Going for a super potent recipe will likely result in a potent but bitter product that won’t see many sales.

Lacking consistency, especially when it comes to potency. A lot of people use CBD and THC products for specific reasons, such as pain relief or to improve sleep. If the potency of your gummies doesn’t remain consistent, your customers will not have the same experience every time they buy — and use — your products. Even if they aren’t using it to address a health issue, they will undoubtedly be put off by the lack of consistency in potency.

Not understanding how the ingredients interact. A typical gummy consists of about 80% sugar and corn syrup, 2–8% gelling agent (starch, gelatin or pectin), and less than 1% flavor, acid and color. Gelatin is an easier gelling agent to work with, allowing for a firm, almost transparent gummy. On the other hand, pectin is vegetarian, and sellers who lean in that direction prefer it. However, pectin is harder to work with, sn’t thermally reversible and can ruin a batch of gummies when a mistake is made. Having a thorough grasp of how all the ingredients work together right from the start will save you a lot of time and money.

Not using the right tools. You will need specialized equipment such as a refractometer and a water activity meter to produce high-quality gummies and jellies. Such tools are used to measure the sugar content of the gummy syrup and the water activity respectively, factors that contribute greatly to the quality of your final product.

Improper Curing. Depending on factors such as the type of mold (silicon or starch), the formula, the temperature, and relative humidity of the room, it can take anywhere from 24 to 48 hours for the gel to set and dehydrate. Understanding the proper curing requirements for your specific formula and location will allow you to create the perfect conditions for the gel to set and dehydrate perfectly.

A company you should watch in the marijuana space is Sugarmade Inc. (OTCQB: SGMD). The company specializes in offering delivery services both in the cannabis industry and the quick-service restaurant sector, and the current pandemic has highlighted how valuable such services are.

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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CannabisNewsWire420
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Editor@CannabisNewsWire.com

CNW420 is part of the InvestorBrandNetwork.

420 with CNW — Maine Medical Cannabis Dispensary Chain Applies to Join Residency Court Case

Last week, Wellness Connection filed a motion to protest a lawsuit against the state of Maine, which was launched by two small marijuana businesses over recreational marijuana licenses that were awarded to out-of-state firms.

Wellness Connection, which is controlled by Delaware-based investor High Street Capital Partners, manages four medical marijuana dispensaries in Maine. The recreational marijuana market in Maine is relatively new, having launched on October 9 of this year. Despite its youth, the market is expected to soon eclipse the medical cannabis market size, with total sales projected to be $76 million this year; adult-use cannabis sales making up $20 million of that amount.

By 2025, it is projected that sales will grow almost four times as high, to $295 million, with adult-use marijuana sales dominating the market sales with $265 million. The cannabis business also promoted the growth of cottage industries such as tourism.

Earlier in March, Wellness Connection sued the state of Maine over a legislation that restricted cannabis businesses with out-of-state owners from participating in the adult-use market. The company dropped the case, however, after the state confirmed that it would not be enforcing the law, which required every manager, director or officer of an adult-use marijuana business to be a resident of Maine and file taxes in the state for at least a four-year period. The state gave the reason that the residency requirement would not hold up in court.

The new motion was filed by the company on behalf of its adult-use business, NPG, in a bid to get the lawsuit of the two medical cannabis caregivers thrown out of court. The caregivers claim that the state cannot decline to enforce the law that restricts out-of-state business owners from setting up shop in the state. This is despite the state eliminating the residency requirement in May of this year.

The new motion puts the state and Wellness Connection on the same side as defendants, which is ironic. The company is currently working on converting its medical cannabis business into an adult-use cannabis business, as its executives believe the latter is more lucrative.

In its earlier lawsuit, Wellness Connection claimed that the requirement hindered the company from raising the funds that would facilitate the transition. Currently, NPG holds an active cultivation license for adult-use cannabis, an active manufacturing license and an additional five conditional approvals for four dispensaries and another manufacturing facility.

One interesting cannabis industry sector player you should watch is Pac Roots Cannabis Corp. (CSE: PACR). This company selectively breeds high-end strains of cannabis in order to make premium products for the Canadian market and its international partners.

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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420 with CNW — Montana Launches Digital Marketplace to Link Hemp Buyers, Sellers

Farmers in Montana have taken a great liking to industrial hemp, a variety of cannabis that doesn’t have any psychoactive effects. The state legalized its cultivation back in 2014 under a federal program, with the first legal crop being planted in 2017. Licensed Montana farmers grew more acreage of hemp than any other U.S. state in 2018, and although other states have since surpassed Montana’s hemp output, the state is still an industry leader.

Now, thanks to a new online Hemp Marketplace, Montana hemp farmers will be able to market their products to a wider market of sellers. Announced by the state in late October, the online portal is designed to connect hemp farmers with buyers in search of seeds, fiber and hemp derivatives such as cannabidiol (“CBD”). The portal can be accessed by visiting the Montana Department of Agriculture’s (“MDA”) website.

The concept for the Hemp Marketplace comes from the MDA’s Hay Hotline, which connects buyers and sellers of hay and pasture. “Only instead of hay and pasture, the online tool connects buyers and sellers of hemp and hemp derivatives,” the Hemp Marketplace website states. “Due to hemp’s status as a regulated crop, only growers licensed through the Montana State Hemp Program are permitted to list their hemp for sale.

All listings, which are free, must adhere to the federal and state THC limit of 0.3%. The online portal will be split into “Hemp for Sale “ and “Hemp to Buy” categories, and the listings will include what type of products are on offer or in demand, whether or not a given crop is organic and whether third-party lab testing data is available. The Hemp Marketplace also organizes products into one of four varieties based on whether or not the hemp seeds have been certified by regulators.

In the meantime, players in the cannabis market have been waiting with bated breath for Montana residents to vote on the state’s legalization initiative. Based on a poll released by Montana State University, passage of the bill seems likely. The survey found that 54% of likely voters plan to support legal cannabis, 38% oppose it while 7% remain undecided.

“With hemp being a relatively new crop grown in Montana, the department recognizes that these markets are still developing,” says MDA Director Ben Thomas. “The Hemp Marketplace was developed to help facilitate connections between buyers and sellers. I’m looking forward to seeing how the marketplace will continue to advance the industry.”

A company you should watch in the cannabis sector is Pure Extracts Technologies Corp. (CSE: PULL). The company focuses on hemp and cannabis processing, and it has also entered the functional and therapeutic psychedelic products.

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

Do you have questions or are you interested in working with CNW420? Ask our Editor

CannabisNewsWire420
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Editor@CannabisNewsWire.com

CNW420 is part of the InvestorBrandNetwork.

CannabisNewsBreaks – Sugarmade Inc. (SGMD) Undertakes Marketing Analysis Ahead of Planned BudCars Expansion

Sugarmade (OTCQB: SGMD) today announced that, in anticipation of the planned expansion of the BudCars cannabis delivery service into new territories, it has undertaken an analysis of the efficacy of marketing spending relative to market size and population for the existing BudCars regional delivery footprint. According to the update, Sugarmade believes this may provide some insight into performance benchmarks and expectations related to the anticipated expansion into the North San Francisco Bay Area and the Wine Country counties, followed by Los Angeles. “We are very confident in the ROI associated with spending on BudCars marketing in connection with BudCars’ expansion,” said Jimmy Chan, CEO of Sugarmade. “We have seen at least a six-to-one multiple in terms of sales relative to marketing expenditure overall, with more than twice the market share and total sales where investments have focused more on cultivating new customers. We believe this bodes well for the marketing approach as BudCars enters the North Bay and LA Metro markets.”

To view the full press release, visit https://cnw.fm/vjN3D

About Sugarmade Inc.

Sugarmade is a product and branding marketing company investing in operations and technologies with disruptive potential. The company’s brand portfolio includes CarryOutsupplies.com, SugarRush(TM) and Budcars.com. For more information, visit www.Sugarmade.com. Sugarmade is an investor in BudCars and joint operator of BudCars’ first operating location in Sacramento, California. During early 2020, Sugarmade gained a 40% stake in BudCars and in the Sacramento delivery operations via the acquisition of a 40% stake in Indigo Dye Group. Under the terms of Sugarmade’s agreement with Indigo, Sugarmade also acquired an option to purchase an additional 30% interest in Indigo, upon the closing of which would provide Sugarmade with a 70% controlling interest. As of the date hereof, this option has not yet been exercised, Sugarmade’s stake in Indigo remains at 40%, and there is no assurance that Sugarmade will exercise the option to acquire an additional 30% interest in Indigo. However, since late May 2020, Sugarmade has been actively involved in development of Indigo’s operations with power to direct the activities and significantly impact Indigo’s economic performance. Sugarmade also has obligations to absorb losses and right to receive benefits from Indigo. As such, in accordance with the Financial Accounting Standards Board’s Accounting Standards Codification 810-10-25-38A through 25-38J, Indigo is considered a variable interest entity (“VIE”) of Sugarmade.

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

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

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CannabisNewsBreaks – Cannabis Global Inc. (CBGL) Announces Filing of PCT Application to Protect Proprietary Cannabinoid Delivery System

Cannabis Global (OTC: CBGL), a cannabinoid and hemp-extract, science-forward company developing infusion and delivery technologies and products, has filed a Patent Cooperation Treaty (“PCT”) that seeks international protection of its proprietary cannabinoid infusion system for beverages, foods and consumer products. The PCT is aimed at seeking patent protections for inventions resulting from CBGL’s Project Varin research program. Specifically, the application relates to innovative methods for the creation of highly bioavailable and ultra-fast-acting cannabinoids for use in beverages, food, topicals and other applications. Noting that this technology is revolutionary, the company believes its breakthrough research could potentially result in substantial cost reductions and efficacy enhancements, as well as significantly faster onset of active cannabinoids ingredients. “At Cannabis Global we hold the opinion that not only will cannabis be soon descheduled and legalized within the United States, but in many other areas of the world,” said Cannabis Global CEO Arman Tabatabaei. “It is important for our company to start on the PCT process as soon as is possible to ensure we will be able to capitalize on the expected wave of global cannabis legalization, especially relating to Southeast Asia and within the European Union where legalization and decriminalization is already well underway.”

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

About Cannabis Global Inc.

Cannabis Global, formerly known as MCTC Holdings Inc., is a fully audited and reporting company with the U.S. Securities & Exchange Commission. The company is an emerging force in the area of cannabinoid sciences and highly bioavailable hemp- and cannabis-infusion technologies. The company does not engage in the production, distribution or sales of any controlled substances, including marijuana. CBGL has an actively growing portfolio of intellectual property, having filed six patents in the areas of cannabinoid delivery systems and cannabinoid polymeric nanoparticles. The company markets its consumer products under the Hemp You Can Feel brand name. Cannabis Global launched its Project Varin early in 2020, designed to develop new delivery methods for rare cannabinoid tetrahydrocannabivarin (“THV-C”) and to develop products based on this cannabinoid. For more information about the company, visit www.CannabisGlobalInc.com.

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

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

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Editor@CannabisNewsWire.com

CannabisNewsWire is part of the InvestorBrandNetwork.

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) to Release Q3 Results, Host Conference Call

The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a leading producer of premium, certified organically grown cannabis, announced that it will release its third quarter financial results following the market close on Tuesday, November 10, 2020. In addition, the company will hold a conference call with analysts beginning at 9:00 a.m. ET on Wednesday, November 11, 2020. Interested parties may join the call by dialing 1-416-764-8688 (Local – Toronto) or 1-888-390-0546 (Toll Free – North America) and entering conference ID 68691087. An audiocast of the conference call will be available on a listen-only basis at https://cnw.fm/4SEVN. Scheduled speakers are Brian Athaide, chief executive officer, and Sean Bovingdon, chief financial officer, followed by a question and answer period with analysts.

To view the full press release, visit https://cnw.fm/L18Mg

About The Green Organic Dutchman Holdings Ltd.

The Green Organic Dutchman Holdings is a premium certified organically grown cannabis company focused on the health and wellness market. Its organic cannabis is cultivated in living soil, as nature intended. The company is committed to cultivating a better tomorrow by producing its products responsibly, with less waste and impact on the environment. Its two Canadian facilities have been built to LEED certification standards and its products are sold in recyclable packaging. In Canada, TGOD sells dried flower and oil, and recently launched a series of next–generation cannabis products such as organic teas, dissolvables and vapes. Through its European subsidiary, HemPoland, the company also distributes premium hemp CBD oil and CBD-infused topicals in Europe. By leveraging science and technology, TGOD harnesses the power of nature from seed to sale.

TGOD’s Common Shares and warrants issued under the indentures dated November 1, 2017, December 19, 2019, June 12, 2020, and October 23, 2020, trade on the TSX under the symbol “TGOD,” “TGOD.WT,” “TGOD.WS,” “TGOD.WR” and “TGOD.WA,” respectively, and TGODF trades in the U.S. on the OTCQX. For more information about the company, please visit www.TGOD.ca.

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

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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Pac Roots Cannabis Corp (CSE: PACR) Stands to Benefit from U.S. Potential for Cannabis Decriminalization

  • Upcoming U.S. elections has potential to radically alter state of U.S. cannabis industry
  • Democratic Vice-Presidential candidate Kamala Harris stated that potential Biden administration would seek to decriminalize use of cannabis
  • Five states will vote on legalizing recreational or medical use of marijuana this November
  • Canadian cannabis producers have benefited from experiences gleaned from operating over last two years under Canada’s existing legal framework for cannabis industry
  • Pac Roots Cannabis has taken number of steps to ensure end product quality, helping boost company’s competitiveness if U.S. cannabis industry decriminalization comes to fruition

For Pac Roots Cannabis (CSE: PACR) and the rest of the Canadian cannabis industry, the upcoming U.S. elections promise to help determine the sector’s fortunes going forward. Polls carried out in the U.S. have shown that over 66% of the population favor legalizing marijuana—a figure illustrating a meteoric rise over the past decade, having increased by 30 percentage points since 2005 (https://cnw.fm/c9dis). The growing level of support for the decriminalization of cannabis has also spilled into the political arena, with Republican lawmakers having sponsored marijuana legislation and co-chaired, along with Democrats, the U.S. Congress’s Cannabis Caucus (https://cnw.fm/N3lw8).

Meanwhile, Democratic vice-presidential nominee Senator Kamala Harris has publicly affirmed that a potential Democratic administration would seek to ‘decriminalize the use of marijuana’ (https://cnw.fm/VHDfY)– a policy which could results in significant gains for the legal Canadian cannabis industry.

However, the positive currents buoying the industry are not solely predicated on a Democratic administration being in place, with restrictions potentially being lifted even if President Trump is re-elected and Republicans keep control of the Senate. Five states are set to vote on legalizing recreational or medical marijuana in November, including New Jersey and Arizona (https://cnw.fm/nuUTn). A successful vote in favor of the measure in all five states could result in estimated sales of up to $400 million in each state in just the first year, according to the Marijuana Business Daily (https://cnw.fm/6FTcB) and would make the medical use of marijuana legal in 38 states with adult-use permitted in 14 of those, including Washington D.C.

A move towards full legalization would unlock the world’s largest cannabis market, with Canadian producers possessing a significant edge in the race to conquer the new market. With the Canadian legalized cannabis market now over two years in the making, CEO of Aurora Cannabis Miguel Martin noted that the country’s marijuana industry had gained valuable experience, which could hold them in good stead in the event of US legalization.

“Those lessons on manufacturing, labelling, sales and marketing, all of those principles … will be very applicable to the U.S. market,” he said.

Pac Roots Cannabis has recently undertaken a number of steps designed to help ensure the quality of its product, measures which should boost the company’s profile and competitiveness in the event of a fully legalized US market. The Company has sought to leverage upon the exceptional genetics of its specialized cultivars as well as an innovative proprietary cultivation technique to ensure the production of extremely high-quality strains.

More recently, the Company announced its entrance into a strategic licensing agreement with Phenome One Corp (https://cnw.fm/OtYx4) –a venture which would provide Pac Roots Cannabis with access to one of Canada’s largest live, genetic cannabis libraries with lab and field-tested, selectively bred seedlings which the Company has employed to grow, breed and clone for its own unique brands. The partnership has enabled Pac Roots to offer customers a remarkable portfolio of over 350 meticulously-designed cultivars, ranging from CBD-dominant plants with rare terpene profiles to plants with over 30% THC-content as well as West Coast outdoor, botrytis-resistant cultivars.

A recent study carried out by Data Bridge Market Research found that the value of the global legal cannabis industry was set to soar to an estimated $90 billion per annum by 2027 – while only representing 10% of annual tobacco sales around the world, the figure represents a significant uplift to the $17.7 billion worth of the industry in 2019 (https://cnw.fm/C2Vda). In the event that the US market shifts towards decriminalizing the use of recreational cannabis, the projected figures could be set to soar – along with the fortunes of companies like Pac Roots Cannabis and its peers.

For more information on Pac Roots Cannabis Corp., visit the company’s website at www.PacRoots.ca

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

About CanadianCannabisWire

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

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420 with CNW — Want to Pass a Drug Test? Here’s a Few Marijuana-Detox Tips

Despite the growth in the social acceptance of marijuana and its legalization in several U.S. states, use of the plant remains illegal in some states as well as at the federal level. This is why drug tests are still a common occurrence in many situations. To help you understand how drug tests work and how to reduce your chances of testing positive on one, here are a few tips.

First, you should know that marijuana is filled with CBD and THC, which are cannabinoids that produce various effects that range from sleep-promoting to psychoactive. There are various types of drug tests that are carried out to test for the presence of cannabis-related compounds in a person, but most drug tests target THC because it’s a Schedule 1 drug.

Urine tests are the most popular. These tests identify cannabinoid metabolites that last longer in the body, the main one being delta9-THC-COOH, a subsidiary product of THC. Blood tests are also available. They identify both metabolites and THC. These types of test aren’t as popular as urine tests because of their invasive nature. Additionally, THC can also be detected in saliva but only during a short detection window.

Now onto detoxing. The period of time it takes a person to detox from marijuana and pass any drug test depends on various factors, such as:

  • Type of test being conducted
  • Hydration level
  • Amount of body fat
  • Rate of metabolism
  • Amount of THC consumed
  • Frequency of consumption

While you might be tempted to exercise to help remove THC from your body, that is discourage and ineffective; same goes for cannabis detox drinks. You’re more likely to get help from natural products. However, you should keep in mind that these remedies aren’t guaranteed to be 100% effective. The best way to improve your chances of acing a drug test is simply to abstain from using until after the test is administered.

However, if a you must take a drug text, here are a few natural methods that may help.

  • Use mouthwash that contains alcohol half an hour before a saliva test. It may help reduce THC presence in your saliva.
  • Take a multivitamin that has B2 or B12 a few hours before a urine test. That way, if you dilute your urine with drinking water to reduce the THC concentration level, your urine won’t look clear.
  • Do not work out 24 hours before your urine or blood test is conducted. The THC that’s stored in your fat cells moves into your bloodstream and urine when you exercise.

This is the best way to detox yourself completely from THC is simply to refrain from consuming any marijuana products, including smoking and edibles, for at least one month prior to the test. In addition, incorporating fiber, such as leafy greens and whole grains, into your diet and increasing your water intake can help your body rid itself of toxins such as metabolites and THC.

One great company in the cannabis space that you should watch is Gage Cannabis Co. The company specializes in serving the Michigan marijuana market and has set its sights on building the biggest marijuana brand in the state.

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 — Canadian Researchers to Receive $4 Million to Develop Better Marijuana Breeds

Although the nascent cannabis industry is among the fastest-growing sectors in the world, it is plagued by challenges. For instance, because cultivating, researching and selling cannabis was prohibited for decades, cultivars have limited genetic knowledge and breeding resources. This puts the industry at a severe disadvantage against other crops that have undergone genetic research and experimentation to create superior genetics.

However, thanks to $4.2 million in federal, provincial and industry funding, this may soon be a thing of the past. Awarded to researchers at the University of British Columbia (“UBC”), the grant will be used to study enhanced cannabis cultivars with a particular focus on disease resistance. Dubbed Fast-Tracking Breeding of Powdery Mildew-Resistant Cannabis, the study will be led by UBC researchers Loren Rieseberg and Marco Todesco in partnership with Greg Baute and Charles Pick of Canadian-based Aurora Cannabis.

According to study leader Rieseberg, the plan is “to develop a genomics-enabled breeding pipeline that will increase the speed and precision of cannabis improvement and bridge the gap in genetic knowledge and breeding resources that currently separates cannabis from other crops.” One of the group’s main focuses will be to create genetics that are resistant to powdery mildew, a common fungal disease that is difficult to get rid of and can destroy cannabis crops.

“In collaboration with Aurora Cannabis, we’ll apply this pipeline to solving a major limiting factor to large-scale cannabis production, susceptibility to powdery mildew,” Rieseberg says. The ultimate goal is to establish a breeding pipeline of cultivars with “superior agronomic performances” that are more resistant to powdery mildew, thus better suited for large-scale production.

“The Government of Canada is proud to support Canada’s world-leading stem cell and genomics research community,” said William Amos, parliamentary secretary to Navdeep Bains, the federal minister of Innovation, Science and Industry. “Today’s investment has the potential to save lives and come up with new ways of solving environment and agricultural challenges. This is Canadian science and innovation in action.”

The funding was provided by Genome Canada, a nonprofit organization funded by the federal government. Approximately $15.4 million in federal funding will be provided to support 10 genomics research projects across the country focusing on health, agriculture and the environment, with additional funding worth more than $56 million coming from provincial governments, businesses and research partners.

“The results of this project will benefit the Canadian cannabis industry and Canadian consumers, but also basic and applied science,” says Todesco. “The genomic resources that will be generated as part of this project will be freely available to the scientific community and will help us and other researchers to understand better this important crop and its evolution.”

Pac Roots Cannabis Corp. (CSE: PACR) is an interesting player in the cannabis space that you should watch. The company focuses on leveraging top-tier genetics to develop premium marijuana products and strains.

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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