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 – How CBD May Treat Your Pains During the Lockdown

With the coronavirus sweeping through the world, most of us have been indoors for quite a while. And as experts have said, we might be stuck with the virus for the foreseeable future, so our time inside might drag on even longer. Bad as it sounds, it is the best way to completely eradicate the virus.

However, humans aren’t meant to be sedentary creatures. Chances are you’re spending a large portion of the day seated in front of a computer screen. And I bet you’re not paying attention to your posture. Doing that for extended periods of time will definitely lead to aches and pains, especially to your back.

On top of that, this is a very stressful time. Vacation time doesn’t usually coincide with the outbreak of a life threatening virus, and nerves are understandably frayed right now. It gets easy to fall out of exercise, healthy eating routines and mess up your normal sleep cycle. This, coupled with the stress and anxiety caused by the pandemic can weaken your immune system, putting you at greater risk of succumbing to the virus.

So how can CBD help you treat your pains and stay in top shape during the lockdown? Well, CBD is a powerful pain reliever and according to Gallup, 40% of American CBD users use it for pain relief. Studies have found that it is effective at alleviating different kinds of pain, including cancer pain, neuropathic pain and fibromyalgia.

Topical CBD applications offer the quickest pain relief, but ingestible options like oils also work. It will take a while for the effects to kick in, though. For sore muscles and joints from sitting down for long hours, CBD topical oils and creams would be the best option. If you’ve been working out and you are feeling a little sore afterward, they will help ease the soreness and aid your recovery.

For more chronic or localized, recurring pain, you’d be better off with ingestible CBD products. Cannabidiol interacts with a peripheral nervous system called the endocannabinoid system (ECS), resulting in anti-inflammatory and pain relieving effects.

However, CBD isn’t a magic cure. Try and do some exercise everyday as it has been found to boost immunity. Mix in a little yoga to help stretch out your muscles and remove any knots that may form after long hours of inactivity. On top of that, make sure you eat healthy foods during the duration of the lockdown.

Experts advise that people read the product information availed on products by manufacturers like Champignon Brands Inc. (CSE: SHRM) (OTC: SHRMF) (FWB: 496) so that consumers can reap maximum benefits from the different cannabidiol 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.

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420 with CNW – Colorado Cannabis Company Donates Products Worth $1M in Memory of Charlotte Figi

Charlotte Figi, the girl who inspired a CBD movement and had a marijuana strain named after her recently passed away from coronavirus related complications. She suffered from Dravet syndrome, a rare and hard to treat form of childhood epilepsy. The condition left her overcome with horrific seizures, and she was finally able to find some relief from the Charlotte’s Web marijuana strain.

Her passing was announced on her mother, Paige Figi’s, Facebook group by a family friend. Several members of her family had previously tested positive for the virus, and after a short stint in the hospital, the 13 year old was discharged. However, she fell ill again and passed away among friends and family.

“Charlotte had a seizure in the early morning on April 7th resulting in respiratory failure and cardiac arrest. Seizures are not uncommon with COVID-19 and paramedics were called returning us to the PICU,” said the statement.

“Her fighting spirit held out as long as it could and she eventually passed in our arms peacefully. Charlotte is no longer suffering. She is seizure-free forever. Thank you so much for all your love,” the mother’s friend concluded.

The Stanley brothers, the Colorado-based marijuana farmers who crossbred the high-CBD and low-THC strain that changed Charlotte’s life posted a memorial on their website.

“Charlotte was ten feet tall and carried the weight of the world on her shoulders. Inspiring is a lacking word, as are courageous and vivacious and strong and beautiful,” they wrote.

“She grew, cultivated by a community, protected by love, demanding that the world witness her suffering so that they might find a solution. She rode every day, awakening others with the courage and with that smile that infected your spirit at the cellular level.”

In her memory, medical marijuana company Charlotte’s Web is donating $1 million worth of product to those in need.

“We are honoring Charlotte’s memory by helping those who are struggling. During this time of great financial strain, we want to ensure that everyone has continued access to the extracts that bear her name,” says the firm on its website.

“We are donating a million dollars’ worth of Charlotte’s Web products to those who use them but need help to continue doing so. Today we are giving Charlotte’s Web products to help those who are facing trying times. Our charitable partners at the Real or Caring, Adoptive, Training Foundation and High Fives Foundation will give Charlotte’s Web product to those in their communities and beyond.”

They added, “Our hope is that no child, mother, father, co-worker or friend goes without the support they need when it comes to their wellness during this time.”

Qualified applicants will get a coupon code valid for one bottle of Charlotte’s Web Original Formula, Extra Strength or Extra Strength Power capsules. They will be required to pay the $8.99 shipping and handling fee.

Analysts concur that the gesture made by Charlotte’s Web is heartwarming for the entire cannabis industry, including players like SinglePoint Inc. (OTCQB: SING), since they know how instrumental Charlotte Figi’s story was to the medical marijuana 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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Top 5 Cannabis Stocks to Watch in 2020

When you think of the stock market, the last thing you probably think of is cannabis and marijuana. However, you would be mistaken to discount this booming industry, the marijuana industry is expected to triple in the next five years.

As states and entire countries decriminalize or legalize cannabis and/or its components, there are loads of opportunities for entrepreneurs and existing companies.

But as in any nascent industry, there are also loads of risks and bad actors. Whether you’re a first-time investor or a seasoned veteran, it pays to understand all of the moving parts.

This guide will get you up to speed and give you a list of the top 5 cannabis stocks to watch in 2020.

As Cannabis, or most popularly one type of cannabis namely marijuana, has become increasingly more popular and even legal in some parts of the world, multiple public companies have emerged which provide individuals and institutions opportunities to invest in this new product and make a potential profit. This article will discuss a top 5 list of cannabis stocks to look at in 2020.

Why Cannabis Stocks?

Before discussing the top 5 Cannabis stocks to watch in 2020, we will first list a few reasons why cannabis stocks may be your next best investment:

  1. The demand of cannabis-containing products is increasing. As stated in the introduction of this article, a lot of new products are arising and ever more importantly. Cannabis is being legalized and classified as essential in some medical treatments across a variety of countries. This will, of course, increase the demand and usage of these products, bringing growth to investors.
  2. Cannabis stocks are currently undervalued. If we are certain that this new product will be successful in the future, it is a no-brainer to start investing and buying stocks now while they are so cheap.
  3. A lot of these companies still have huge upside potential. At the current moment in time, they are struggling to stay profitable as demand is still quite low, but as soon as the rest of the world catches onto this product, huge potential could be fulfilled and early investors could reap the rewards.

The top 5 companies listed below have been chosen due to their international presence and market capitalization.

1. Canopy Growth

Canopy Growth Corporation (TSX: WEED, NYSE: CGC) is the largest cannabis stock at the moment with a market cap of $6.99 Billion. This stock can be traded on the NYSE and is currently traded at 21.22 CAD ($14.99 USD) as of April 2020. Canopy Growth shows a great business plan and profit-gaining strategy.

2. GW Pharmaceuticals

GWPH has previously stated that they do not want to be seen as part of the “marijuana stock” group, but this cannot be hidden as they are currently have a market cap of $3.21 billion. This stock can currently be traded on NASDAQ and currently trades at 105.76 USD.

3. Curaleaf Holdings

Curaleaf is the largest multistate operator in the United States, bragging with a market cap of $2.75 billion. The company is public and their stocks can be traded on OTC under CURLF. The price of one stock in this company is $5.76 CAD, which is equal to $4.07 USD.

4. Cronos Group

The Cronos Group currently has a market cap of $2.3 billion and sells their stocks at 8.37 CAD ($5.91) under CRON. Although Cronos group is not such a big producer as the rest of the candidates in this top 5, its market cap is aided dramatically by investors, which may be a good indication of its success, or not.

5. Aurora Cannabis

The 5th and final cannabis stock we are going to list in this article is Aurora Cannabis. Aurora Cannabis currently has a market cap of $2.15 billion and sells stocks publicly on the NYSE under ACB. Aurora was stated to be the largest pot producer and even have a bigger international capacity than the top competitor Canopy Growth. Aurora stocks currently sell for $0.72.

Conclusion

In conclusion to this article, we hope that you as an individual now have a better overview of some popular cannabis stocks available. We hope that you can see the value in early investing and trust this list has given you some stocks to research when looking to possible add to your stock market portfolio.

– This article was provided by Mitchell Roach, the founder of StartTrading, and published by 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.

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This article contains Third-Party Content submitted by third parties, including articles submitted through the CNW Premium Partnership Program. All opinions, statements and representations expressed by such third parties are theirs alone and do not express or represent the views and opinions of CNW or its affiliates and owners. Content created by third parties is the sole responsibility of such third parties, and CNW does not endorse, guarantee or make representations concerning the accuracy and completeness of all third-party content. You acknowledge that by CNW providing you with this internet portal that makes accessible to you the ability to view third-party content through the CNW site, CNW does not undertake any obligation to you as a reader of such content or assume any liability relating to such third-party content. CNW expressly disclaims liability relating to such third-party content. CNW and its members, affiliates, successors, assigns, officers, directors, and partners assume no responsibility or liability that may arise from the third-party content, including, but not limited to, responsibility or liability for claims for defamation, libel, slander, infringement, invasion of privacy and publicity rights, fraud, or misrepresentation, or an private right of action under the federal securities laws of the United States or common law. Notwithstanding the foregoing, CNW reserves the right to remove third-party content at any time in its sole discretion.

CannabisNewsBreaks – Supreme Cannabis Company, Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Appoints Proven Leader in Canadian CPG Sector, Beena Goldenberg, as President and CEO

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) today announced that its board of directors (the “Board”) has named Beena Goldenberg, former CEO of Hain-Celestial Canada (“Hain Canada”), as the Company’s president and chief executive officer, effective immediately. According to the update, Goldenberg succeeds Colin Moore who, as interim president and CEO since January 2020, took significant steps to reduce the Company’s operating and overhead costs, expand its product offering across all market segments and accelerate its transition into a premium cannabis consumer packaged goods (“CPG”) company. Moore will continue to serve as a director of the Company and as an advisor to Goldenberg, providing support throughout the transition until the end of July 2020. “The Board and I are thrilled to welcome Beena Goldenberg to lead the Company as our new President and CEO,” Supreme Cannabis’ Board Chairman, Michael La Brier, said in the news release. “Beena is a proven, entrepreneurial leader in the Canadian CPG sector who will apply her passion and expertise in marketing and manufacturing to Supreme Cannabis’ brands and operations and capture the vast opportunities within the Canadian and global cannabis industries. Supreme Cannabis continues to attract top talent with its compelling position in the cannabis space. In this time of elevated global uncertainty, the Company is particularly fortunate to move forward with a proven leader in place.”

To view the full press release, visit http://cnw.fm/2MMoh

About Supreme Cannabis

The Supreme Cannabis Company, Inc., (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1), is a global diversified portfolio of distinct cannabis companies, products and brands. Since 2014, the Company has emerged as one of the world’s fastest-growing, premium plant-driven lifestyle companies. Supreme Cannabis’ portfolio of brands caters to diverse consumer experiences, with brands and products that address recreational, wellness, medicinal and new consumer preferences.

The Company’s brand portfolio includes, 7ACRES, Blissco, Truverra, Sugarleaf by 7AC and Khalifa Kush Enterprises Canada. Supreme Cannabis’ brands are backed by a focused suite of world-class operating assets that serve key functions in the value chain, including, scaled cultivation, value-add processing, centralized manufacturing and product testing and R&D.

For more information, visit the Company’s website at www.Supreme.ca.

NOTE TO INVESTORS: The latest news and updates relating to SPRWF are available in the company’s newsroom athttp://cnw.fm/FIRE

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 – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Releases Update on Timing of Annual Filings

Plus Products (CSE: PLUS) (OTCQX: PLPRF) on Friday announced that, as a result of the COVID-19 pandemic, it will be relying on the coordinated relief provided by the securities regulators, which consists of a 45-day extension for certain periodic filings, as announced by the Canadian Securities Administrators (“CSA“) on March 18, 2020. According to the update, Plus Products will rely on this relief with respect to the filing of its annual financial statements, management’s discussion and analysis, and related officer certificates for its financial year ended December 31, 2019. The Company will provide a further update concerning the exact timing of its annual filings. Plus Products confirms no material developments have occurred, other than those disclosed through news releases, since the filing of its condensed interim consolidated financial statements for the period ended September 30, 2019.

To view the full press release, visit http://cnw.fm/7Z5tv

About PLUS

PLUS is a cannabis and hemp food company focused on using nature to bring balance to consumers’ lives. PLUS’s mission is to make cannabis safe and approachable – that begins with high-quality products that deliver consistent consumer experiences. PLUS is headquartered in San Mateo, CA. For more information, visit the company’s website at www.PlusProducts.com.

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

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 – Poll Finds That Most Americans Regard Cannabis Legalization Policies as Successful

Perception has arguably been one of marijuana’s biggest foes. Ever since it was prohibited decades ago, there has been a negative perception to it. Federally, cannabis is still classified as a controlled substance, and that has also shaped its image in the eyes of the public. However, in the recent years, the plant has become more accepted, culminating in a number of states launching medical and recreational cannabis programs to great success.

A recent poll by YouGov found that a large majority of the American public believes that recreational cannabis legalization has been a success. YouGov surveyed more than 27,000 adults, asking them whether they thought the recreational cannabis legalization laws had been ‘a success or failure.’

55% of the people polled said that regulated recreational marijuana markets were a complete success or more of a success than a failure. 13% thought the regulated markets were more of a failure than success, while just 6% said they were total failures. 26% of the respondents said they didn’t know.

The respondents’ views were also shaped by their political beliefs. 67% of the Democrats said that marijuana legalization had been successful or mostly successful, while 10% believed the legalization programs were failures. 41% of the Republicans said they thought the regulated markets were a success, compared to the 34% who believed they were a failure.

54% of the independents believed legalization was a success, while 27% said it was a failure.

Based on age, 23% of the respondents who were 18-24 years old, said they thought marijuana legalization laws were a success. 24% of those 25-34, 17% of those 45-54 and 13% of those 50 plus were also of the same opinion. In general, at least 32% of each age group believed legalization measures had been a success, compared to the 8% who didn’t.

The 55 and older group took the lead in age groups that didn’t believe marijuana legalization was successful, with 17% of them saying the laws were more of a failure than a success. They were joined by 12% of the 18-24 year olds, 10% of the 25-34 year olds, 9% of the 35-44 year olds and 12% of those 45-54 years old.

Based on gender, the poll found that 22% of men and 17% of women thought marijuana legalization was a success, while 35% of both men and women said they were more of a success than a failure. On the other hand, 15% of men and 12% of women said the legalization measures were a failure.

Analysts believe these poll findings will provide some fodder for marijuana companies like The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) as they plan how to appeal to those different demographics.

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 – Lebanon Legalizes Medical Cannabis Amid Coronavirus Economic Hardships

One of the most compelling reasons for the legalization of marijuana has been to earn tax revenue from sales. Arguably the most used drug, it is subject to constant demand, and governments can tap into this wealth of resources. States such as Colorado with thriving marijuana programs have pulled in close to $1 billion from legal marijuana sales.

And with the coronavirus sweeping through the world and wreaking havoc on the global economy, some experts have said legalizing marijuana could be a good way to kickstart the economy. Lebanon, it seems, has taken this advice to heart. This week, the Lebanese government passed legislation to legalize cannabis cultivation for medical and industrial reasons.

The country’s economy had been struggling even before the coronavirus outbreak, and the crisis only exacerbated an already dire situation. According to lawmakers who supported the bill, their decision was “driven by economic motives, nothing else.”

“We have moral and social reservations, but today there is the need to help the economy by any means,” said Alain Aoun, a senior MP in the Free Patriotic Movement.

Despite being illegal before the legislation was passed, cannabis was being grown openly in the fertile and impoverished Bekaa Valley. The United Nations states that the country is the world’s third-largest supplier of cannabis resin, or hashish, after Morocco and Afghanistan. With the new legislation in place, the country will now proceed with regulating the already existing cultivation efforts and halt all unlawful production.

Recreational use will remain illegal, however. The new legislation will enable Lebanon to build a multi-million dollar legal cannabis industry that produces pharmaceutical items such as CBD oil, wellness products as well as industrial products like fibers for textiles.

In 2018, the Lebanese government hired New York-based global consulting company McKinsey & Co to advise the country on how to address its spiraling economy. McKinsey suggested legalizing marijuana, estimating that a legal cannabis sector could generate as much as $1 billion annually.

Legalization activists have raised some concerns about the measure, stating that they feel it doesn’t go far enough. Recreational cannabis use should also be decriminalized, they say.

The move to legalize marijuana has been met with opposition from Lebanese party Hezbollah. According to Hilal Khashan, a professor of political studies and public administration at the American University of Beirut, legalizing cannabis would not be nearly enough to address the country’s economic concerns. He adds that the government may be unable to successfully implement the law, given Hezbollah’s opposition.

“Hezbollah is a primary beneficiary of cannabis trafficking. The only way for Hezbollah to accept the ratification of the law is to be directly involved in its implementation, that is, get its share from it,” he says.

Experts believe that despite the opposition from some sections of the political class, North American cannabis sector actors like Sugarmade Inc. (OTCQB: SGMD) may be pleased that the Lebanese people will soon have the option of using medical marijuana to address their health and wellness needs.

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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CBDNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Launches New CBDRelief Brand Targeting Underserved Market Sector

Plus Products (CSE: PLUS) (OTCQX: PLPRF), a California-based cannabis-products company, recently launched its PLUS CBDRelief brand. The new line of products is comprised of two high-CBD, low-THC gummies designed to address pain, stress and anxiety (http://cnw.fm/KL07j). An article discussing the company reads, “The product line currently includes two products: PLUS CBDRelief 9:1 Tropical Mango with 9 mg of CBD and 1 mg of THC per serving and PLUS CBDRelief 18:1 Tart Cherry with 18 mg of CBD and 1 mg of THC per serving. The PLUS CBDRelief cannabis-infused gummies are expected to be available statewide in coming weeks. . . . ‘We have seen compelling success with our core brand and are excited to take the next step towards becoming a true portfolio of brands with the launch of PLUS CBDRelief,’ PLUS co-founder and CEO Jake Heimark stated in a news release. ‘Last year we partnered with market structure research firm HJR Associates and found that when consumers used cannabis, over one-third of the time it was to address pain, stress or anxiety. This represents a massive market that appears, thus far, to have been underserved. We believe there are almost no edibles products in California designed to meet the needs of these consumers, and we’re excited to introduce products formulated specifically for that purpose.’”

To view the full article, visit http://cnw.fm/5Kf5D

About Plus Products Inc.

PLUS is a hemp and cannabis food company focused on using nature to bring balance to consumers’ lives. PLUS’s mission is to make cannabis safe and approachable, beginning with high-quality products that deliver consistent consumer experiences. PLUS is headquartered in San Mateo, California. For more information, visit the company’s website at www.PlusProducts.com.

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

About CBDWire

CBDWire (CBDW) is a specialized information provider focused on (1) reporting CBD-related news and updates, (2) releasing CBDNewsBreaks crafted to keep investors abreast of the latest and greatest in the CBD market, (3) refining and enhancing corporate press releases, (4) delivering end-to-end distribution and social media services to client-partners and (5) constructing effective corporate communication solutions based on the unique requirements of CBD companies. CBDW is exclusively positioned in the burgeoning CBD sector with a proven team of journalists and researchers working to deliver high quality content to an expansive target audience of investors, consumers and industry news outlets. Our dissemination network of over 5,000 downstream distribution points allows us to deliver unparalleled reach, visibility and recognition to companies operating in both cannabidiol and the wider cannabis space. CBDWire (CBDW) is where CBD news, content and information converge.

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CannabisNewsBreaks – SinglePoint, Inc. (SING) CEO Discusses Finding Opportunity in Chaotic Times on MoneyTV with Donald Baillargeon

SinglePoint (OTCQB: SING) was featured on this week’s episode of MoneyTV with Donald Baillargeon. The internationally syndicated program covers money-focused topics, featuring various companies and in-depth interviews with CEOs and executives that offer insights into operations and future outlooks. MoneyTV is viewed in over 200 million households in more than 75 countries. Among other highlights from this week’s program, SinglePoint CEO Greg Lambrecht discussed finding opportunity in chaotic times. Discussing the impacts of covid-19, Lambrecht stated, “It forced the company to go virtual. We’ve had our phone operators set up meetings on GoToMeeting and, because of that, we’ve expanded from 13 states to 30 states in just the last two weeks. We’re starting to close deals, virtually, right over the internet.”

To view the full press release, visit http://cnw.fm/2ZPui

About SinglePoint, Inc.

Founded in 2011 SinglePoint, Inc (OTCQB: SING) invests in and acquires brands and companies that will benefit from injection of growth capital and the sales and marketing expertise of SinglePoint. The company portfolio currently includes solar, hemp and technology applications. SinglePoint is working to grow the company to a multinational 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 CannabisNewsWire

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

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420 with CNW – Zoom Inadequate for the Complexities of Marijuana Legalization, Says Gov. Cuomo

Legalizing marijuana this year had been one of New York Governor Andrew Cuomo’s top priorities. For the second year in a row, he had included marijuana legalization in his budget proposal to state lawmakers. However, the coronavirus pandemic came along, and as New York quickly became the epicenter of America’s outbreak, legislative priorities shifted.

In the wake of the crisis, Governor Cuomo stated that it was unlikely state lawmakers would be able to effectively tackle the legalization issue in time. New York isn’t the only state to experience this. Most drug legalization campaigns have been put on hold as people practice self-isolation and social distancing.

Some campaigners have argued that there are other means that could be used to continue with the legalization process. According to Cuomo, lawmakers could theoretically use meeting software like Zoom to pass the marijuana legalization legislation. However, he says that due to the complex nature of the issue, he wouldn’t necessarily recommend it.

When asked about the prospects of legalizing cannabis after the legislature failed to do so in the state budget, he said that it’s ‘totally up to them.’ His opinion, though, is that marijuana legalization could prove too complicated to tackle remotely.

“In terms of passing legislation remotely, they can do that. That’s up to them. As far as getting into a very complex issue that requires real analysis and real data and trying to do that on Zoom, I don’t know that that’s the best way to do it, but that’s up to them also,” he says.

He notes that despite not being able to convene at the Capitol, legislators have been hard at work. “From a taxpayer’s point of view, if they think their assemblyperson or senator isn’t working because they’re not here, they have to think again. They’re working. They’re working probably harder than they normally work.”

Last month, lawmakers rolled out a revised bill to legalize marijuana as the prospects of legalization through the budget became slimmer. It would have allowed individuals 21 and older to purchase marijuana from licensed retailers and cultivate up to six plants for personal use.

“In an ideal world for advocates, language from the revised bill would be inserted into the budget before it arrives at Cuomo’s desk. But that prospect seems dimmed in light of the current crisis, which has shifted legislative priorities,” said New York Deputy State Director of the Drug Policy Alliance.

Experts think marijuana companies like Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) may be wondering when cannabis legalization will ever become a reality for the people of New York 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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