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

CBDNewsBreaks – ChineseInvestors.com Inc. (CIIX) Pursuing Untapped Chinese CBD Market

ChineseInvestors.com (OTCQB: CIIX), a financial news media and content platform that provides information to the global Chinese-speaking community, plans to expand its customer base with new hemp-based CBD products in 2020. Through CIIX’s CBD Biotech subsidiary, CEO Warren Wang plans to capitalize on the massive potential of the untapped Chinese CBD market. An article discussing the company reads, “Wang noted that China’s changing CBD laws can create volatility for CBD companies. However, those laws don’t apply to hemp-based CBD cosmetics, which are fully legal in China, Japan and the United States. Because CIIX is only involved in CBD cosmetics, the company remains unaffected by the changing regulations and is able to operate in a stable environment. . . . In 2020, CIIX will be launching new CBD cosmetic products, including an anti-aging product formulated to combat wrinkles. By targeting the Chinese-speaking community, CIIX has few competitors and plenty of room to grow. The company maintains its attention on the investment of both the distribution and the research and development of new CBD products.”

To view the full article, visit http://cnw.fm/A54xC

About ChineseInvestors.com Inc.

Founded in 1999, ChineseInvestors.com endeavors to be an innovative company by providing (a) real-time market commentary, analysis and educationally related services in both traditional and simplified Chinese language character sets; (b) advertising and public-relations-related support services; and (c) retail, online and direct sales of hemp-based products and other health-related products. For more information, visit the company’s website at www.ChineseInvestors.com.

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

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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CBDNewsBreaks – HTC Extraction Systems (TSX.V: HTC) (OTCQB: HTPRF) Targets Booming Hemp-Based CBD Products Market

Hemp biomass cultivation, extraction, formulation and refining entity HTC Extraction Systems (TSX.V: HTC) (OTCQB: HTPRF) is slated for market growth through 2020 as the U.S. hemp-based, CBD-products market continues to flourish. A recent article discussing the company reads, “Overall, HTC Extraction Systems has a highly optimistic outlook when it comes to its extraction market expansion, where it is already a key player. The company expects a wealth of opportunities for growth in the near future, given the rapid expansion of the cannabinoid market as a whole. U.S. sales of hemp-based CBD products are projected to reach $22 billion by 2022, up from $591 million in 2018 (http://cnw.fm/d0qTB). CBD derivatives such as vapes and edibles are expected to generate $900 million in 2020 (http://cnw.fm/60DBi). Canada legalized limited forms of recreational cannabis for adult users in the fall of 2018. Sales of these increasingly popular products demonstrate sustainable growth, which will reflect on HTC’s bottom line.”

To view the full article, visit http://cnw.fm/j1jgS

About HTC Extraction Systems

HTC Extraction Systems has developed and optimized proprietary technologies designed for biomass extraction, distillation and purification of ethanol and ethanol-based solvents used for the hemp-biomass and cannabidiol (“CBD”) industry as well as gas and liquid extraction. HTC’s extraction and purification systems are engineered to large scale to reduce capital and operating costs while delivering superior performance measured by reduced energy usage, lowered emissions and improved quality of the product produced. For more information, visit the company’s website at www.HTCExtraction.com.

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

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CannabisNewsBreaks – Holy Herb, Creator of First and Only Products Combining CBD and Santa Yerba, to Participate in Upcoming USA CBD Expo

Holy Herb, LLC, a Santa Clarita, California-based provider of high-quality products combining full spectrum hemp extracts and the Santa Yerba herb cultivated on its farm, today announced its participation in the upcoming USA CBD Expo. The event is slated to take place at the Las Vegas Convention Center in Las Vegas, Nevada on Feb. 13-15, 2020. The Holy Herb(TM) Products will be available in booth 152, and the company will be offering free samples of Holy Herba Honey(TM), Holy Herb(TM) Pain Relief Spray and Holy Herb(TM) Pain Relief Cream throughout the three-day event. “Our unique products are the very first to combine high-grade full spectrum hemp extracts with Santa Yerba, which was first utilized by Native Americans for thousands of years due to its vast healing properties,” Dustin Arklin, co-owner of the Holy Herb(TM) Brands said in the news release. “The Santa Yerba Herb grows throughout the mountains of Southern California. After 10 years of Lab R+D and formulation, we carefully have cultivated in our growing fields enough Santa Yerba herb to satisfy our commercial production requirements.”

To view the full article, visit http://cnw.fm/Lktw6

About Holy Herb Brands

Holy Herb(TM) is a fully tested pain relief spray and cream unlike any other on the marketplace. Using his unique aging and extracting process, Dr. Nalbandyan and his team at Holy Herb Brands have created the first and only product made with high-grade hemp and Santa Yerba, “The Holy Herb.” Santa Yerba grows naturally throughout Southern California and was used by Native Americans for thousands of years for the same reasons that people use cannabis today. They would put it in their tea, make lotions, and smoke the herb. Native Americans named the plant “The Holy Herb” because of its many medicinal benefits. They would use the herb topically to help sooth mosquito bites, rashes, bruises, wounds, sprains, muscle aches, joint pain and more. They would also brew tea with “The Holy Herb” to make a great tasting natural antioxidant that helps treat fevers and coughs. These two herbs combined together create a highly potent pain relief spray that delivers fast and sustainable results. For more information, visit www.HolyHerb.com.

About CannabisNewsWire

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

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CannabisNewsBreaks – Youngevity International Inc. (NASDAQ: YGYI) Announces Reshaping of its Board of Directors

Youngevity International (NASDAQ: YGYI), a multi-channel lifestyle company operating in three distinct business segments, including a commercial coffee enterprise and its newly acquired commercial hemp enterprise, today announced the reshaping of its Board of Directors. According to the update, effective February 11, 2020, in order to maintain compliance with The Nasdaq Capital Market’s corporate governance requirements and, specifically, Listing Rule 5605(b) which provides that a listed company’s board of directors shall be comprised of a majority of independent directors, Michelle Wallach and Richard Renton, two non-independent members of the Board of Directors of YGYI resigned as members of the Board of Directors of the company. Youngevity International CEO Steve Wallach will continue as a board member and will remain the Chairman of the Board and Youngevity President and CFO Dave Briskie will also remain on the Board of Directors. “Compliance with Nasdaq Corporate Governance requirements remains of utmost importance to our company and this will continue as a high priority for the company,” Youngevity CEO Steve Wallach said in the news release.

To view the full press release, visit http://cnw.fm/t3Z9d

About Youngevity International

Youngevity International, Inc. (NASDAQ: YGYI), is an multi-channel lifestyle company operating in 3 distinct business segments including a commercial coffee enterprise, a commercial hemp enterprise, and a multi-vertical omni direct selling enterprise. The Company features a multi country selling network and has assembled a virtual Main Street of products and services under one corporate entity, YGYI offers products from the six top selling retail categories: health/nutrition, home/family, food/beverage (including coffee), spa/beauty, apparel/jewelry, as well as innovative services. For investor information, please visit www.YGYI.com.

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

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CBDNewsBreaks – Lexaria Bioscience Corp.’s (CSE: LXX) (OTCQX: LXRP) DehydraTECH(TM)-Enabled CBD Infused Powders Available for Sale Across the US

Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP), a global innovator in drug delivery platforms, today announced that its DehydraTECH(TM)-enabled CBD infused powders are now available for sale across the U.S. to businesses wanting to produce topicals and edibles with clinically proven performance for increased consumer satisfaction and improved stability. Consumers of both CBD/hemp and cannabis have recently become concerned about the potency and safety of the oil extract products they are purchasing. Lexaria’s patented DehydraTECH(TM) technology and powder processing methodology, similar to a pasteurization technique in some ways, helps to not only preserve cannabinoid potency but also to reduce or eliminate microbiological growth and cannabinoid degradation.

To view the full press release, visit http://cnw.fm/cvZ6x

About Lexaria Bioscience Corp.

Lexaria Bioscience is a global innovator in drug-delivery platforms. The company’s patented DehydraTECH drug-delivery technology changes the way active pharmaceutical ingredients enter the bloodstream, promoting healthier ingestion methods, lower overall dosing and higher effectiveness for lipophilic active molecules. DehydraTECH increases bioabsorption, reduces time of onset and masks unwanted tastes for orally administered bioactive molecules including cannabinoids, vitamins, nonsteroidal anti-inflammatory drugs (“NSAIDs”), nicotine and other molecules. Lexaria has licensed DehydraTECH to multiple companies in the cannabis industry for use in cannabinoid beverages, edibles and oral products, as well as to a world-leading tobacco producer for the development of smokeless, oral-based nicotine products. Lexaria operates a licensed, in-house research laboratory and holds a robust intellectual-property portfolio with 16 patents granted and over 60 patents pending worldwide. For more information, visit the company’s website at www.LexariaBioscience.com.

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

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CannabisNewsBreaks – Youngevity International Inc.’s (NASDAQ: YGYI) CLR Roaster’s Café La Rica Remains Official Cafecito of Miami Marlins

Youngevity International (NASDAQ: YGYI), a multi-channel lifestyle company operating in three distinct business segments, including a commercial coffee enterprise and its newly acquired commercial hemp enterprise, today announced that its wholly-owned subsidiary CLR Roasters is continuing its successful partnership with Major League Baseball’s Miami Marlins. According to the update, Café La Rica(R) Gourmet Espresso will continue as the Official Cafecito of the Marlins for all 2020 season home games. Café La Rica will be served on site at Marlins Park in the home opener on March 26 when the Marlins play the Philadelphia Phillies. “This partnership continues a great, long-standing relationship between the Miami Marlins and one of Miami’s most authentic brands,” Marlins Head of Partnership Development and Strategy David Oxfeld said in the news release. “We know our fans love cafecito time and we’re excited that our friends at Café La Rica will join us in our commitment to deliver a first-class fan experience.”

To view the full press release, visit http://cnw.fm/b5sE0

About Youngevity International

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

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CannabisNewsBreaks – Supreme Cannabis Company, Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Implements New Operating Structure to Drive Efficiencies, Accelerate Profitable Growth

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) on Tuesday announced the implementation of a new operating structure, including staff reductions, to drive efficiencies and support long-term, profitable growth. As previously announced on January 6, 2020, Supreme Cannabis’ leadership team is focused on achieving greater efficiencies and speed to market by rightsizing production, overhead and capital expenditures. “As Interim President and CEO, I committed to take immediate steps to position Supreme Cannabis for long-term success, including rightsizing the Company’s cost structure and focusing our efforts on near-term revenue-generating opportunities,” Supreme Cannabis Director and Interim President and CEO Colin Moore said in the news release. “Recent staff reductions were an extremely difficult decision for myself and the Board, but I believe them to be necessary to create a more agile, focused and profitable organization for the long-term benefit of all of Supreme Cannabis’ stakeholders. The changes we are implementing will empower our people, drive value for our shareholders and ensure that we continue to deliver a consistent and premium product to our consumers.”

To view the full press release, visit http://cnw.fm/Zc6fF

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 at http://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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420 with CNW – Colorado State University to Offer Degree in Marijuana

Colorado State University is launching a degree in marijuana after receiving state approval for the program on Friday.

Starting this fall, Colorado will be offering Cannabis, Biology, and Chemistry to undergraduate students wishing to study the science of the crop to ensure success in the industry, local media reported. The marijuana program is similar to a double major in biology and chemistry and features a lab permitted to cultivate industrial hemp to allow students to use cannabidiol derived from the plant during their study.

The program launch coincides with a time when the marijuana industry is booming, and more states are legalizing the drug; thus, increasing its accessibility across the nation.

Speaking to the media, the dean of College of Science and Mathematics, David Lehmpuhl, said that the degree is demanding, and it is geared towards increasing demand in the marijuana industry.

Lehmpuhl further said hemp and weed have succeeded in a lot of economic sectors across the country, and while the university is neither pro-marijuana nor anti-marijuana, their focus is about science, and educating their students to study marijuana science.

The program is about natural products, and the students would be studying the genetics of marijuana as well as other plants, which would be supplemented with other courses in neurobiology, biochemistry, and analytical chemistry. This includes finding out CBD levels in certain products.

Colorado State University’s announcement follows the announcement made by Colorado State University’s Fort Collins Campus about the construction of a new research center to study chemical compounds found in hemp. The research center will be opened in the College of Natural Sciences this spring.

Speaking to reporters, Lehmpuhl said that the U.S. needs trained scientists in the field of marijuana and hemp, especially after the 2019 vaping crisis.

Colorado adopted recreational marijuana early as it was among the first two states to legalize adult-use cannabis in 2012 through Amendment 64. Within the same year, Washington also legalized adult-use marijuana through a similar vote, Initiative 502.

In Colorado, people above the age of 21 were allowed to use recreational marijuana from 2014.

The state of Colorado earned more than $1 billion from marijuana in 2019, and the revenue is being used to fund public services. Since marijuana was legalized within the state, consumers have spent more than $6.5 billion, and there are no signs of reducing.

Oher universities offering marijuana courses include Northern Michigan University in Marquette, which is offering a four-year medicinal plant chemistry degree, organic chemistry, biochemistry, genetics, accounting, and financial management.

The demand for these program is anticipated to be high, and these announcements of the courses is most likely welcome news to sector players like SinglePoint Inc. (OTCQB: SING) who have always struggled to get well-trained employees.

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 – Poll Shows Most Kentuckians Support Legalizing Pot

Support for marijuana legalization has changed dramatically over the last few years, with more and more states legalizing either medical or recreational marijuana. However, some states are more conservative than others; for instance, in Kentucky, cannabis is not legal either for medical or adult-use purposes.

However, a recent survey by Kentucky Health Issues Poll (KHIP) in 2019 showed that in the last decade, support for marijuana legalization has been rising within the state. And it was the first time more than half of the residents of Kentucky who were surveyed said that they were in favor of marijuana for any use. The majority of the survey participants said that they in favor of medical marijuana, while a little less than half said that they were in favor of recreational marijuana.

Chubinski said that from KHIP 2012 and KHIP 2019, there is a notable shift in public opinion about marijuana reform in Kentucky. But, it is essential to note that during that timeframe, the policy landscape about marijuana has shifted as well.

According to the survey, nine out of 10 people said they are in favor of medical marijuana consumption, which is an increase from eight out of 10 people in 2012. Support for medical marijuana has increased from 38 percent in 2012 to 59 percent in 2019, while support for adult-use marijuana increased to 49 percent in 2019 from 26 percent in 2012.

In a statement, the vice president of research and evaluation Jennifer Chubinski said that support for marijuana legalization for any use or adult-use purposes was more likely to attract support from the Democrats more than the Republicans or Independents.

The University of Cincinnati’s Institute for Policy Research conducted the survey, and they used 1,559 adults residing in Kentucky. The poll which came shortly after the 2019 Health Policy Conference was sponsored by The Foundation for a Healthy Kentucky and Interact for Health. The focus of the conference was the impact that reforming marijuana laws has on the public.

Some of the topics that were raised during the conference that gathered prohibitionists and conservatives were the increased potency of marijuana plants. Other topics include how to measure the correct dosage, preventing young adults from using weed, impaired driving, and risks of accidental poisonings. The poll results showed that there was a decrease in marijuana consumption among teens from 29% in 1997 to 16% in 2019. According to the survey, forty percent of Kentuckian adults have a friend or family who consumes marijuana regularly.

Although Kentucky officials are concerned over the common issues raised during the conference, other states in the U.S. are legalizing both medical and recreational marijuana, and it is clear that residents of Kentucky are ready to legalize marijuana.

It would be interesting to hear what sector players like Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) have to say about the chances of full marijuana legalization happening in Kentucky this year.

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CannabisNewsBreaks – KushCo Holdings, Inc. (KSHB) Featured in ROTH Equity Research Report

KushCo Holdings (OTCQX: KSHB) was featured in a recent Equity Research Report published by ROTH Capital Partners, LLC. The report reads, “KSHB has acquired a 19.9% interest in Xtraction Services Holding Corp. (CSE: XS) (OTCQB: XSHLF), a specialty financing company which provides leasing solutions to owners of cannabis and hemp companies in the U.S. KSHB plans to leverage the XS infrastructure with its large cannabis and CBD network to provide operators with a full portfolio of equipment leasing solutions to augment their operations.”

To request access to the full report, visit http://cnw.fm/mLT1L

About KushCo Holdings

KushCo Holdings, Inc. (OTCQX: KSHB) is the premier producer of ancillary products and services to the legal cannabis and CBD industries. KushCo Holdings’ subsidiaries and brands provide product quality, exceptional customer service, compliance knowledge and a local presence in serving its diverse customer base. Founded in 2010, KushCo Holdings has now sold more than 1 billion units to growers, processors and producers across North America, South America, and Europe. The company has been featured in media nationwide, including CNBC, Fox News, Yahoo Finance, Cheddar, Los Angeles Times, TheStreet.com, and Entrepreneur, Inc Magazine. While KushCo Holdings provides products and solutions to customers in the cannabis and CBD industries, it has no direct involvement with the cannabis plant or any products that contain THC. For more information, visit the company’s website at www.KushCo.com.

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