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) Secures Cannabis Research License from Health Canada

The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a leading producer of premium, certified-organic cannabis, this morning announced that it has received a research license from Health Canada. The license is valid for five years and enables TGODF to cut the costs and quicken the pace of the development of new products by removing its need to rely on third parties. Looking forward, the company plans to leverage the license to carry out the development of additional premium cannabis 2.0 products, which are anticipated to launch later this year. “As consumers become increasingly aware that not all cannabis products are created equal, we want to ensure that TGOD continues to go to market with consumables that bear a seal of premium quality that they can trust,” TGODF CEO Brian Athaide stated in the news release. “By leveraging the expertise of our in-house Science and Marketing teams, we are able to optimize costs and accelerate our speed to market.  In parallel, we are also layering on additional quality control measures ensuring a high level of consistency across all our product lines.”

To view the full press release, visit http://cnw.fm/1MvT5

About The Green Organic Dutchman Holdings Ltd.

The Green Organic Dutchman (TSX: TGOD) (OTCQX: 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 are built to LEED certification standards, and its products are sold in recyclable packaging. In Canada, TGOD plans to expand its product portfolio by launching a series of next-generation cannabis products such as organic teas, infusers and vapes. Through its European subsidiary, HemPoland, the company also distributes premium hemp-CBD oil in Europe. By leveraging science and technology, TGOD harnesses the power of nature from seed to sale. 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.

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420 with CNW – Research Shows Marijuana Edibles THC Labels Need to Be Improved

A new study has found that the majority of young adults do not comprehend the levels of tetrahydrocannabinol (THC) in the advertised marijuana edibles. However, researchers have suggested a new manner of communicating the concentration of THC as well as other information on the product labels.

The new study tested the efficacy of THC labeling on marijuana edibles. Between 2015 and 2016, research shows that in the United States, about ten percent of the adult population and approximately twenty-four percent of the youths had consumed marijuana within the past year.

And since then, marijuana consumption has been on the rise. A study conducted on teens in the state of California showed that thirty-three percent of teens in grades 9-12 had consumed marijuana at one point in their lives and that the majority of them had consumed edibles.

Edibles include products such as cookies, brownies, and candies that are infused with marijuana. Over the last couple of years, marijuana edibles have gained immense popularity. This has raised concerns because their marketing is almost similar to that of ordinary sweets; thus, attracting underage consumers. Most often, consumers underestimate the effect of marijuana edibles because they may not be aware of the THC concentration therein. THC is the psychoactive compound of marijuana.

The new research sought to shed light on the ways to determine the level of THC in edibles as displayed in the labels as well as how different labeling systems communicate the information to young adults.

The final and corresponding author of the study, is a professor at the University of Waterloo School of Public Health and Health Systems in Canada, Prof. David Hammond. The research findings can be found in the Journal of Drug and Alcohol Dependence.

The motivation to study and examine the levels of THC in edible marijuana product labeling is because using the THC number to express the product potency has little meaning to young consumers in Canada, Prof. Hammond explained.

He further said that for years people have struggled to understand the details on food packages. And, it is more challenging for marijuana consumers to understand the THC numbers indicating the potency of the marijuana product listed on the product labels.

Prof. Hammond and his team of researchers conducted two experiments to examine how well various labels transmit information about marijuana potency.

They conducted an online survey where they used 870 respondents between the age of 16 -30 in Canada.

In the first experiment, the researchers used three labeling conditions, no label, a label that explained the THC content in milligrams, or a label that used ‘doses’ of THC per package, and assigned the respondents randomly.

In the second experiment, the researchers used the traffic light system to indicate potency. Green was low and red high potency. During this experiment, they also tested the effectiveness of no labels, labels with percentages, and those with THC in milligrams.

The researchers found that labeling in doses per package elicited the best understanding of a serving of THC, with over 54% of the respondents attesting to it.

The traffic light system also enabled the respondents to identify the THC concentration, whereby 85% of the participants accurately identified products with low THC levels, and 86% identified products with high levels of THC.

In conclusion, Prof. Hammond and his team of researchers said that few consumers could understand and apply quantitative THC labeling.

The study findings further suggest that other products such as oils, concentrates, and buds will need more straightforward THC labeling.

Experts say that this research provides a lot of food for thought for marijuana industry actors like Willow Biosciences Inc. (TSX: WLLW) (OTCQB: CANSF) since they will prompted to rethink how they convey product information to their intended customers.

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 – Proposed Law Seeks to Protect Privacy of Maine Marijuana Companies

The lawmakers in the state of Maine are considering approving a proposal that provides a cloak of secrecy about the imminent adult-use marijuana sector.

The legislation L.D. 2091, which was written by the legislators within the state of Maine, would exclude trade secrets, security, and operating protocols provided to the state by marijuana businesses from public records law.

The state of Maine claims that the proposal would enclose in protections for cannabis business proprietary information, such as recipes for marijuana edibles.

The spokesperson for the Office of Marijuana Policy in Maine, which drafted the legislation L.D.2091, David Heidrich said that it would be the responsibility of the legislature to determine if the benefits of an exclusion outpace the need for public review.

Speaking to Portland Press Herald, Heidrich said that the Office of Marijuana Policy believes that the proposal outweighs the inability of public review.

The legislation aims to modify the Freedom of Access Act to remove application materials provided to the Office of Marijuana Policy relating to trade secrets, security, and standard operating protocols from the definition of ‘public record.’

Public records advocates and journalists have openly criticized the bill. The association that represents all the state’s daily papers within the state, The Maine Press Association, is also opposing the bill.  A lawyer in the state of Maine, Matt Warner, said that the Freedom of Access Act has been acting as a weapon between competitors in the state’s legal marijuana marketplace. Warner said that the Freedom of Access Act is an essential fundamental public right.

Voters approved the legalization of adult-use marijuana within the state in 2016. Marijuana businesses are expected to launch and start serving customers in the spring of 2020.

The state started accepting permit applications for recreational marijuana sales as well as license applications for growing and manufacturing cannabis in December 2019. Recreational marijuana was approved by voters back in 2016, and the delay in launching adult-use marijuana law on cultivation, manufacturing, and sales has been due to the legislation blockage imposed by the state’s Governor Paul LePage.

The governor opposed the bill in 2017, hence the law couldn’t be passed.

In his veto letter, the governor said that the dangers of legalizing cannabis and normalizing its consumption in the society should not be understated. He further noted that the state is dealing with a severe drug epidemic that causes the death of more than one person a day through opiate overdoses. LePage also said that legalizing marijuana would be telling the young adults in the state that some drugs are legal within Maine, and this could result in unintended and grave consequences.

The election of a new governor, Janet Mills, helped speed up marijuana reform by signing legislation that established regulations governing the sale of adult-use marijuana in June of 2018.

It remains to be seen what pot companies like Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) think about this move to exclude sensitive proprietary marijuana business information from the ambit of the Freedom of Access Act in Maine.

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 – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Strikes Licensing Deal with Cannadips CBD

British Columbia-based Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP) recently entered a definitive agreement to provide its patented DehydraTECH(TM) technology to Cannadips CBD. An article discussing the company reads, “The agreement announced recently provides Cannadips CBD with exclusive access rights to Lexaria’s technology for the U.S. market for 10 years, granting the ‘Original Smokeless CBD Dip Brand’ Lexaria’s fast-acting, high-absorption technology with options to expand the license to Europe, Mexico, and Canada and to renew the license for an additional five years (http://cnw.fm/V6p4Q). . . . ‘This combination of superior science from Lexaria and a unique and strong branded proposition that Cannadips offers with its CBD pouch platform is a winning combination. We are excited to be developing a category of products with best-in-class science to provide adult consumers the simple choice of a better product and a better alternative to tobacco and nicotine,’ Lexaria board member Brian Quigley, who is also an adviser to The Boldt Runners Corporation (Cannadips), stated in a news release.”

To view the full article, visit http://cnw.fm/QNhR3

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

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 – No Borders, Inc. (NBDR) Subsidiary Partners with WWE Hall of Fame Wrestler to Serve as Spokesperson, Global Brand Ambassador

No Borders (OTC: NBDR) today announced that actor and WWE Hall of Fame Wrestler Kevin Nash has joined its subsidiary No Borders Naturals(R). According to the update, Nash will serve as a company spokesperson and global brand ambassador to help spread awareness about the benefits that hemp cannabidiol (“CBD”) provides for athletes and active consumers. “Kevin is exactly the type of person that we are looking to partner with on our No Borders Naturals journey,” No Borders Naturals CEO Joseph Snyder said in the news release. “He not only has the values and family centric ideals that we hold dear but he has spent a vibrant life taking (quite literally) a beating and coming out on top smiling!”

To view the full press release, visit http://cnw.fm/sSx6q

About No Borders Inc.

No Borders, Inc. (OTC: NBDR) is a multifaceted corporation specializing in the acquisition, creation and scaling of commercial and consumer products by utilizing cutting-edge technologies to reduce costs while increasing revenues and shareholder value through technological superiority and Intellectual Property ownership across its portfolio of assets. The Company’s portfolio of brands includes:

  • No Borders Naturals Inc., a purveyor of health and wellness products for active consumers and their pets. (NoBordersNaturals.com)
  • No Borders Labs Inc., which provides leading-edge tech tools to NBDR internal companies while also offering consulting, architecture and software development services to external businesses looking to update their technology infrastructure for greater efficiency, security and transparency (NoBordersLabs.com).
  • CBDLabChain.com a powerful, Patent Pending tool to demonstrate in an unbiased and unchangeable way a clear sense of security to consumers of CBD products by recording Certificate Of Authority (COA) on a blockchain technology platform.
  • No Borders Dental Resources Inc., a provider of equipment and supplies to medical and dental professionals across the U.S. through the trade name MediDent Supplies (MediDentSupplies.com).

No Borders is headquartered in Arizona with resources in the U.S., South America, Asia and Europe. For more information, visit the Company’s website at www.NBDR.co.

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

About CBDWire

CBDWire (CBDW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CBDNewsBreaks 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, CBDW 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. CBDW 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, CBDW brings its clients unparalleled visibility, recognition and brand awareness. CBDW is where news, content and information converge.

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CannabisNewsBreaks – CannabisNewsWire to Serve as Official Media Sponsor of Cannabis Conference 2020

CannabisNewsWire (“CNW”), a multifaceted financial news and publishing company part of the InvestorBrandNetwork (“IBN”), on Monday announced that it will once again collaborate with GIE Media to serve as an official media sponsor of the Cannabis Conference 2020. The conference, presented by Cannabis Business Times, Cannabis Dispensary, and Hemp Grower magazines, will take place April 21-23 at Paris Las Vegas in Las Vegas, Nevada. “We are excited to have CannabisNewsWire return to once again serve as a sponsor of Cannabis Conference and continue to help build and strengthen our event,” Cannabis Conference Group Publisher Jim Gilbride stated in the news release. “CNW’s team of experts offers an unparalleled commitment to quality, and the InvestorBrandNetwork’s vast distribution network and comprehensive approach effectively ensure that our message will be broadly shared with those desiring to learn more about the future of the fast-growing cannabis industry and the exciting new products, innovations and practices being launched within it.”

To view the full press release, visit http://cnw.fm/kbNO0

About Cannabis Conference 2020

Cannabis Conference 2020, presented by Cannabis Business Times, Cannabis Dispensary, and Hemp Grower, will be held at Paris Las Vegas hotel in Nevada this spring. The three-day event, held April 21-23, 2020, will bring together experts in cannabis cultivation and business operations, retail management, and customer engagement. The event, widely recognized as the leading cultivation and dispensary education venue in the industry, promises to deliver valuable tools and contacts to help attendees be successful in the ever-evolving cannabis industry. For additional information about Cannabis Conference 2020, including event registration, visit www.CannabisConference.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.

To receive SMS text alerts from CannabisNewsWire, text “CANNABIS” to 21000 (U.S. Mobile Phones Only)

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CannabisNewsWire is part of the InvestorBrandNetwork.

CBDNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Announces Launch of New PLUS CBDRelief Brand into California Adult-Use Market

Plus Products (CSE: PLUS) (OTCQX: PLPRF), a cannabis and hemp-branded products company in California, today announced the launch of its new PLUS CBDRelief brand into the California Adult-Use Market. According to the update, PLUS CBDRelief represents a significant extension beyond PLUS’s core brand, which was the largest cannabis-infused gummies brand in California in 2019 and, over the same period, claimed the best-selling cannabis product in the state across all categories*. “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,” Jake Heimark, co-founder and CEO of Plus Products, said in the 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.”

To view the full press release, visit http://cnw.fm/6mktA

About PLUS

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 – 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.

*According to BDS Analytics GreenEdge Platform

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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HempNewsBreaks – SinglePoint, Inc. (SING) Posts Preliminary Unaudited 2019 Annual Results

SinglePoint (OTCQB: SING) this morning reported preliminary, unaudited 2019 annual results. Among other highlights from the update, the company reportedly achieved more than $3,300,000 in revenue for 2019, representing an increase of 190% from 2018. In roughly six months of operation, $2,000,000 in revenue was derived directly from the company’s solar division, Direct Solar of America. Moving forward, SING plans to focus on Direct Solar and the company’s proprietary brand of smokable hemp, 1606 Original Hemp. “I am confident that our business units will continue to grow which translates to SinglePoint being in a better position than we have ever been. We believe the successful operating results in 2019 will continue into 2020 driving our value past historical values to new heights,” SinglePoint CEO Greg Lambrecht stated in the news release. “In my opinion, it’s never been a better time to be a shareholder of SinglePoint; we have growing business units in thriving sectors, we have recently become a fully reporting public company and are committed to continuing to enhance shareholder liquidity by uplisting to the appropriate exchange that allows investors to confidently invest in the company due to its trading volume.”

To view the full press release, visit http://cnw.fm/SAn8N

About SinglePoint, Inc.

Founded in 2011 SinglePoint, Inc. 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 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 HempWireNews

HempWireNews (HWN) 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. HNW 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. HempWireNews (HWN) is where HEMP news, content and information converge.

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CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Strategically Growing National Presence

Plus Products (CSE: PLUS) (OTCQB: PLPRF), a branded, cannabis-infused, products manufacturer of edibles created to support a healthy and active lifestyle, is on a mission to become the world’s strongest cannabis brand. An article further discussing the company reads, “A remaining objective in PLUS’s strategy to become the world’s strongest cannabis brand portfolio is growing a national presence through new markets, new products and new brands. The company made progress on this initiative when it followed up its initial product offering with two more product lines in summer 2019: PLUS mints and a second line of PLUS gummies. . . . Designed for cannabis consumers taking their first step into edibles, PLUS’s mints contain a low dose of THC and take advantage of sublingual uptake, allowing for quicker onset. The second line of gummies were in response to consumer and retailer demand, and included three new flavors: PLUS Balance cucumber-lime, PLUS Uplift tangerine and PLUS Unwind concord grape.”

To view the full article, visit http://cnw.fm/ukQ66

About Plus Products

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, and has 80 employees. For more information, visit the company’s website at www.PlusProductsInc.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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CannabisNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) Reports Q3 Fiscal Year 2020 Financial Results, Provides Corporate Update

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, today released its financial results for the three and nine months ended December 31, 2019. According to the update, the company’s unaudited condensed interim consolidated financial statements as well as its management’s discussion and analysis (“MD&A”) for Q3 2020 are available under the company’s profile SEDAR at www.SEDAR.com and on the company’s website. “In the third quarter, we continued pursuing our goal to become the leading venture capital firm building the cannabis industry of tomorrow,” Canopy Rivers President and CEO Narbé Alexandrian said in the news release. “We focused primarily on follow-on investments in our existing portfolio of innovative companies, further developing the Canopy Rivers ecosystem through collaborative partnerships, and evaluating where we think the next wave of disruption will come from as the global cannabis market continues to evolve and mature. Our aim is to build on this momentum as we look to have a successful 2020.”

To view the full press release, visit http://cnw.fm/1hV1Q

About Canopy Rivers Inc.

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 ecosystem. For more information, visit the company’s website at 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.

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

For more information please visit https://www.CanadianCannabisWire.com

Please see full terms of use and disclaimers on the CanadianCannabisWire website applicable to all content provided by CNW, wherever published or re-published: http://CNW.fm/Disclaimer

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