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

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Expands Agreement with Stillwater Brands to Launch RIPPLE Suite of Products

The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a leading producer of premium, certified-organic cannabis, today announced the expansion of its exclusive licensing agreement with Colorado-based Stillwater Brands, under which it will be rolling out the powerful RIPPLE suite of products in Canada, including RIPPLE Gummies and RIPPLE QuickSticks. According to the update, TGOD leveraged Stillwater’s proprietary technology to launch its first Cannabis 2.0 product at the end of March – TGOD Infuser 10mg THC – which quickly became one of the top selling SKUs within the beverage category across the country. Given the first product’s success, TGOD has decided to expand the series by introducing additional formats. “Soluble cannabinoids are the future of functional foods,” Justin Singer, CEO of Stillwater Brands, said in the news release. “Similar to what we saw in Colorado, the Canadian market was overrun by inconsistent, low-quality products early on. Novelty can only carry a product so far. Ultimately, consistency and predictability are what keep consumers coming back. The success of RIPPLE in Colorado proves the value of our commitment to quality above all, and TGOD’s commitment to organic, high-quality products makes them an ideal partner to carry our vision beyond the U.S.”

To view the full press release, visit http://cnw.fm/qqG78

About The Green Organic Dutchman Holdings Ltd.

The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (US–OTC: TGODF) is a premium certified organic cannabis company focused on the health and wellness market.  Its certified–organic cannabis is grown 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 and December 19, 2019 trade on the TSX under the symbol “TGOD”, “TGOD.WT” and “TGOD.WS”, respectively, and TGODF trades in the U.S. on the OTCQX. For more information on The Green Organic Dutchman Holdings Ltd., 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.

To receive instant SMS alerts, text CANNABIS to 21000 (U.S. Mobile Phones Only)

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CannabisNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) Announces Strategic Board Appointment of Canopy Growth CFO Mike Lee

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, today announced appointment of Canopy Growth Corporation (“Canopy Growth”) (TSX: WEED), (NYSE: CGC) Chief Financial Officer Mike Lee to its Board of Directors (the “Board”). According to the update, the Company expects that Lee’s experience at Canopy Growth, Constellation Brands, Inc. and other leading consumer packaged goods and beverage companies will help strengthen its strategic execution as it continues to focus on developing a leading global cannabis portfolio. “Mike’s addition to our Board is another sign of our strong and growing relationship with Canopy Growth and Constellation Brands,” John Bell, chair of Canopy Rivers’ Board, stated in the news release. “We expect that this will benefit both of our companies, as well as our portfolio companies, as we exchange industry insights and further leverage the guidance and expertise of the largest cannabis company in the world.”

To view the full press release, visit http://cnw.fm/TLn9h

About Canopy Rivers

Canopy Rivers is a venture capital firm specializing in cannabis. Its unique investment and operating platform is structured to pursue investment opportunities in the emerging global cannabis sector. Canopy Rivers identifies strategic counterparties seeking financial and/or operating support. Canopy Rivers has developed an investment ecosystem of complementary cannabis operating companies that represent various segments of the value chain across the emerging cannabis sector. As the portfolio continues to develop, constituents will be provided with opportunities to work with Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) and collaborate among themselves, which Canopy Rivers believes will maximize value for its shareholders and foster an environment of innovation, synergy and value creation for the entire portfolio. For more information, visit www.CanopyRivers.com.

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

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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CannabisNewsBreaks – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) Announces Leadership Change

Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) on Friday announced that Brian Logan is stepping down as chief financial officer, effective July 15, 2020.  Logan has served as GGB’s CFO since January 2019. “On behalf of GGB, I want to thank Brian for his many and significant contributions during his tenure as CFO of the Company,” Randy Whitaker, GGB’s interim CEO, said in the news release. “I wish him the best of luck in his future endeavors.”

To view the full press release, visit http://cnw.fm/1s2WU

About Green Growth Brands Inc.

Green Growth Brands creates remarkable experiences in cannabis. The company’s brands include CAMP, The+Source and 8 Fold. GGB is expanding its cannabis operations throughout the U.S., via dispensaries in Nevada, Massachusetts and Florida. Learn more about the vision at GreenGrowthBrands.com.

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

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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CannabisNewsBreaks – Champignon Brands Inc. (CSE: SHRM) (OTCQB: SHRMF) (FWB: 496) Provides Corporate Update

Champignon Brands (CSE: SHRM) (OTCQB: SHRMF) (FWB: 496), a human optimization sciences company with an emphasis on ketamine and psychedelic medicine, on Friday provided a corporate update. Since commencing trading on March 2, 2020, the Company has expanded its initiatives and rapidly executed on such initiatives to position it as a leading publicly traded psychedelic medicine company developing novel rapid onset treatments for depression, post-traumatic stress disorder (“PTSD”), and substance-use disorders (“SUD”) via the clinical delivery of ketamine and ketamine-derivatives. In the update, the Company shared its corporate advancements and achievements over the last quarter, which target key segments in the psychedelics as medicines industry that will complement each other as the sector matures and accelerates. “While the topic of medical psychedelics has recently gained worldwide momentum, I am exceptionally pleased with the strategic approach our team has taken in establishing a differentiated platform with operating treatment clinics in the U.S. and Canada that also facilitate research and development of a wide range of therapeutic and medical applications,” Champignon CEO Dr. Roger McIntyre stated in the news release. “We have made tremendous progress to date and have proven our ability to quickly seize opportunities in this rapidly emerging industry. Looking forward to the second half of 2020, we will continue to work towards entering new markets and delivering new and innovative solutions throughout North America.”

To view the full press release, visit http://cnw.fm/dIfT5

About Champignon Brands Inc.

Champignon Brands (CSE: SHRM) is focused on the formulation and manufacturing of novel ketamine, anaesthetics and adaptogenic delivery platforms for the nutraceutical and psychedelic medicine while being supported by a leading psychedelics medicines clinic platform. The Company is pursuing the development and commercialization of rapid onset treatments capable of improving health outcomes, such as depression and post-traumatic stress disorder (“PTSD”), as well as substance and alcohol use disorders. Under a collaborative research agreement with the University of Miami’s Miller School of Medicine, the Company is conducting preclinical studies and eventual human clinical trials, with the objective of demonstrating safety and efficacy of the combination of psilocybin and cannabidiol in treating mTBI with PTSD or stand-alone PTSD. Champignon continues to be inspired by sustainability, as its medicinal mushroom-infused SKUs are organic, non-GMO and vegan certified. For more information, visit the Company’s website at www.ChampignonBrands.com.

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

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 – South Dakota to Vote on Legalizing Marijuana in November Ballot

The past few years have been game-changing for the cannabis industry. As attitudes towards it change and research into cannabis’ effects is carried out, more states have been legalizing it. At least 30 states have passed legislation allowing medical and recreational use within their borders, and activists in other states have been hard at work with their own marijuana legalization campaigns.

This November, voters in South Dakota will vote on whether or not to legalize both medical and recreational cannabis in the state. If they choose to legalize, South Dakota will become the first state to approve both medical and recreational marijuana at the same time. The two measures, Amendment A and Initiated Measure 26 would legalize, regulate, and tax cannabis and establish a medical marijuana program for qualifying patients respectively.

Under Amendment A, individuals 21 and older would be allowed to possess up to an ounce of marijuana grown in South Dakota, or to grow, transport, or distribute it in South Dakota to individuals 21 and older. A 15% excise tax would be charged on sales, with part of it going to the Department of Revenue to pay for regulation and the rest being dedicated to state aid to public schools and the state government’s general fund.

On its website, South Dakotans for Better Marijuana Laws says that “when something is broken it has to be fixed” and it states that these two measures represent a commonsense solution to a failed status quo. “Our marijuana policy reform initiatives will help veterans and patients who have serious health conditions, improve public safety, and generate new revenue.”

According to Brendan Johnson, former U.S. Attorney and member of Better Marijuana Laws, the outright prohibition of cannabis does not work. “Of course that does not mean we favor no restrictions on cannabis. We certainly do.” Of a similar school of thought is Chuck Parkinson who worked for President Reagan’s administration on the frontlines of the infamous War on Drugs. “I’ve come to the conclusion after all these years, we’ve spent hundreds and hundreds of millions of dollars and really gotten no results and we’ve ruined lives. We have taken away productive citizens who cannot get jobs, because they may have a drug conviction on their case file,” he says.

If the state is to legalize recreational and medical marijuana, law enforcement will have to be part of the discussion. “Anytime somebody’s talking about a big change like that, there’s obviously a lot of stakeholders involved and I think getting perspective from law enforcement can be very valuable,” says Sam Clemens, a public information officer for the Sioux Falls Police Department.

Industry actors like Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) may be hoping that the people of North Dakota who badly need medical marijuana will finally heave a sigh of relief when voters approve the measure to create a regulated marijuana market.

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 – Dutch Government Starts Recruiting Farmers to Take Part in Marijuana Experiment

On Tuesday, the Dutch Justice Ministry announced that growers who wished to take part in the Dutch government’s regulated marijuana experiment can sign up to apply from July 1. The project, which will see a maximum of 10 growers licensed to produce a variety of marijuana products, has been designed to remove the gray area surrounding coffee shops. Although they have permits to sell marijuana, most of them rely on an illegal circuit of suppliers as production and distribution of marijuana is prohibited.

“The government wishes to initiate an experiment involving the cultivation of cannabis for recreational use. The purpose of the experiment is to ascertain whether or not it is possible to regulate a quality-controlled supply of cannabis and to study the effects of a regulated supply chain on crime, safety, public nuisance, and public health,” says the government website. The experiment will last four years with an option of extending it for another one and a half years.

For a prospective grower to be eligible, they must be a resident of the Netherlands or a legal entity with a Dutch address. They must already have a business location in the Netherlands or a location in mind where they want to grow the marijuana. They will also be required to submit an application form containing a Certificate of Good Conduct, the cultivation location, and their cultivation plan. The plan will outline how many pounds of marijuana they plan to grow on an annual basis and how many variations they expect to produce.

They will also be required to submit a business plan detailing how they want to organize their business operations and administration as well as a security plan showing how they intend to keep their marijuana safe and transport it to the coffee shops they will be delivering to. According to officials, it will take up to six months to select the 10 growers who will take part in the experiment. The trials are due to start in 2021, and ten local authorities, including Breda, Almere, and Tilburg will be taking part.

However, the four biggest cities in the country have declined to be part of the experiment citing numerous issues with the proposal, such as the limited four-year window which will not be extended even if the program is successful. Additionally, the requirement that all coffee shops within a council area have to participate in the program will make control and oversight impossible as places like Amsterdam have over 150 coffee shops. The shops will also be prohibited from selling foreign marijuana which currently makes up 25% of sales.

This is an experiment that North American marijuana companies like SinglePoint, Inc. (OTCQB: SING) are likely to watch closely as its lessons could be picked by other jurisdictions, such as the U.S. federal government, taking a lot of flak for not implementing a regulated cannabis industry.

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 – Pros and Cons of Different CBD Drinks

If you have been paying attention to the cannabis space for the past few years, you must have heard of cannabidiol or CBD, a chemical extracted from cannabis that is taking the world by storm. One of its biggest attractions is that it doesn’t create a psychoactive high, meaning users can use it for its health benefits and stay clear-headed. And it has a ton of medical benefits, with studies finding it effective against a myriad of conditions such as anxiety, chronic pain, and high blood pressure.

There are plenty of ways you can consume cannabis, such as smoking cannabis flower, ingesting it through gummies and other confectioneries, and applying it topically. In fact, CBD gummies were the third most searched for food by Americans in 2018, and CBD-infused drinks are quickly emerging as the next best thing in the CBD/cannabis space. They are accessible, easy to administer, and a lot safer than alcohol and other energy drinks.

CBD coffee, for instance, can be found in many restaurants and coffee shops, and you can buy your own CBD oil and make your own CBD coffee at home. Although coffee helps perk you up and keeps you alert, it can also increase your heart rate and cause headaches and anxiety. CBD has been proven to reduce anxiety and improve circulatory health, making it a perfect counter for coffee’s more unpleasant effects.

Like cannabidiol-infused coffee, CBD water has been around for a while, and it is just as simple to consume. The CBD is infused in the water through nano emulsion technology and it needs no extra preparation once purchased. However, most brands infuse the minimum level of CBD (2-5mg) in the water, so you’ll need a higher dose of CBD water for the health benefits to kick in. Studies suggest at least 15mg of CBD every day. You may also want to avoid buying from supermarkets as the CBD particles will degrade when exposed to light and air on the shelves, thereby making them less effective.

You may also be interested in CBD cocktails, which take unwinding and relaxation to a whole other level. CBD oil’s earthy, plant-like taste makes it a great addition to gin and amaro-based cocktails, and the combination will leave you feeling relaxed and mellowed out. CBD alcohol may also alleviate anxiety and insomnia while eliminating the dreaded hangover. However, there has been little research on CBD cocktails’ particular effect on the body. You will also have to limit your intake as this is alcohol after all, and it is only good in moderation.

As you can see, your options of CBD drinks are increasing by the day, and analysts say sector players like Champignon Brands Inc. (CSE: SHRM) (OTCQB: SHRM) (FWB: 496) may be working behind the scenes to increase the options even more.

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 – Bermuda Government Seeks Public Feedback on Marijuana Legalization Bill

Last year, Bermudan lawmakers released a draft bill aimed at creating a legal cannabis program and asked the public to offer pertinent feedback. The draft legislation was met with criticism from the public as people felt it imposed excessive regulations, and they argued that the territory should legalize marijuana altogether for adult use. On Wednesday, the government of Bermuda released a draft bill to establish a legal marijuana market, and it is again seeking feedback from the public.

Under the proposed bill, adults 21 and older would be able to possess and purchase up to seven grams of marijuana from licensed retailers. The bill would require the creation of a Cannabis Advisory Authority, and it would be responsible for issuing licenses and regulating the market. Cultivation, retail, research, import, export, transportation, and manufacturing licenses will be up for grabs, and individuals with prior marijuana convictions will not be denied access.

According to a summary of the bill, fees for the licenses would be designed to help stimulate the industry while making them affordable enough for ‘under-served and marginalized communities.’ People with prior convictions for possessing seven grams or less of marijuana would also be eligible for expungement of their criminal records.

“Surprising for some, public attitudes have evolved apace with global legislative reforms, and in recognition that opening up pathways for new economic opportunities and activity is needed,” said Attorney General Kathy Simmons in a video on the proposal. The government is requesting public input on the proposed legislation up until July 3. A prompt on its website asks individuals seven specific questions that the government needs feedback on, including licensing requirements and penalties.

“The government has made a commitment to progressively liberalize cannabis laws in Bermuda and to create economic opportunities for citizens wishing to participate in a regulated cannabis scheme,” states the website. “The Government again wishes to ‘take it to the people’ by commencing a one-month public consultation exercise on the proposed scheme.”

In her video, Attorney General Simmons said that the government plans to move ahead with a more simplified, regulated, cannabis scheme, which builds on the strength of the original medical cannabis policy and which embraces the public feedback. “The revised proposal will provide for a regulated cannabis program which has been hybridized to meet Bermuda’s requirements while modeling the best available legal provisions in Canada, both Provincial and federal and to a lesser degree, examples from the Caribbean.”

One would be forgiven for imagining that industry players like The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) long for the day when the U.S. federal government conducts a similar consultative exercise geared at legalizing marijuana federally.

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)

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HempNewsBreaks – SinglePoint, Inc. (SING) Drives Headlines, Reaches New Heights from Solar to Hemp

SinglePoint (OTCQB: SING) today shared the most recent headlines the company has generated in the news. According to the update, SinglePoint is achieving new sales and record revenue in Q1 2020, with solar being a driving force leading the company’s growth. The release includes a detailed list and links to news generated by the company as it reaches new heights and gains brand recognition for its offerings that range from solar to hemp and sanitizer.

To view the full press release, visit http://cnw.fm/Cm4Ep

About SinglePoint, Inc.

Founded in 2011, SinglePoint, Inc. invests in and acquires brands and companies that will benefit from injection of growth capital and its sales and marketing expertise. The company’s portfolio currently includes solar, hemp and technology applications. SinglePoint is working to grow the company to a multi-national brand. For more information, visit the company’s website at www.SinglePoint.com.

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

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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CannabisNewsBreaks – Cannabis Strategic Ventures, Inc. (NUGS) Embarks on New Phase to Further Capacity and Quality at NUGS Farm

Cannabis Strategic Ventures (OTCQB: NUGS), an emerging leader in the U.S. cannabis marketplace, today provided an update to current and prospective shareholders as it embarks on a new phase of its continued efforts to augment both the quantity and quality of the cannabis produced at NUGS Farm. According to the update, Cannabis Strategic Ventures has been simultaneously targeting operational improvements in production capacity and product quality and has achieved measurable results. The Company has begun a streamlining stage in its grow operations to drive further execution gains, and the grow team at NUGS Farm has begun a process of determining strains that will make the cut in terms of long-term production capacity commitment. “We continue to drive powerful improvements in terms of execution,” Simon Yu, CEO of Cannabis Strategic Ventures, stated in the news release. “Different strains work best in different conditions. Our decision will be based on maximizing our productive yield capacity in terms of dollars. This is purely about shareholder value. We have the luxury of consistent production with some of the finest cannabis strains in the world. But our plan has always been to pare down to four optimal strains. We have already collected quite a bit of data. We will be ready to make this decision within the next 60 days or so. After that, both quantity and quality should be significantly further bolstered.”

To view the full press release, visit http://cnw.fm/s3jdC

About Cannabis Strategic Ventures

Cannabis Strategic Ventures Inc. (OTC: NUGS) is one of the largest publicly traded marijuana cultivators in the United States. The Company is Los Angeles-based and incubates, develops and partners with category leaders within the cannabis and ancillary sectors. The Firm’s NUGS brand experience provides operational and financial strategic partnerships and a range of essential services to emerging and existing Cannabis consumer brands. For more information, visit www.CannabisStrategic.com.

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

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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