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 – No Borders Inc. (NBDR) Leverages Blockchain Technology to Provide Security to Cannabis Industry

No Borders (OTC: NBDR) has developed a blockchain data-security platform called CBD Lab Chain that utilizes Ethereum blockchain technology to deliver supply-chain transparency. An article discussing the company reads, “No Borders is a multifaceted brand-development and marketing business using its new blockchain-technology platform, CBD LabChain, to protect consumers and securely inform them of the supply-chain safety of cannabidiol (‘CBD’) products, which are potentially susceptible to chemical taints, inordinate tetrahydrocannabinol (THC) drug levels and incorrect CBD quality claims. The technology is currently used to safeguard CBD products developed by another subsidiary, No Borders Naturals, but has since become a potential revenue stream through sales to outside CBD retailers (http://cnw.fm/bfuR4). . . . Blockchain uses a series of digital ‘blocks’ in sequence as electronic, signed receipts for every event that occurs in a transaction or chain of transactions involving a product. No Borders Labs’ CBD LabChain anticipates revenue from its technology through fees from companies dedicated to demonstrating the transparency of their product chain through lab test results that occur along the plant-to-product shelf route to the consumer.”

To view the full article, visit http://cnw.fm/vJ2C5

About No Borders Inc.

No Borders 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 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.
  • No Borders Dental Resources Inc., a provider of equipment and supplies to medical and dental professionals across the United States through the trade name MediDent Supplies (MediDentsupplies.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 infrastructures for greater efficiency, security and transparency (NoBordersLabs.com).
  • CBDLabChain.com, which is a powerful 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. With a goal to provide consumers with peace of mind, No Borders Labs designed CBD LabChain to record THC, CBD and other lab-test data variants with those results easily accessible via QR code linkage as well as a clear Results Guaranteed with Blockchain icon, which can be integrated directly into individual product labels.

No Borders is headquartered in Arizona with resources in the United States, 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.

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

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

Please see full terms of use and disclaimers on the CBDWire website applicable to all content provided by CBDW, wherever published or re-published: https://CBDWire.com/Disclaimer

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

CBDWire (CBDW)
Denver, Colorado
cbdwire.com
303.498.7722 Office
Editor@CBDWire.com

CBDWire is part of the InvestorBrandNetwork.

CannabisNewsBreaks – technical420 Highlights Five Cannabis Businesses Positioned to Benefit from Global Industry Growth

Five cannabis industry players were recently highlighted in an article authored by Anthony Varrell on technical420 titled ‘The Cannabis Trade Continues To Be “The Big Long” Amid Rapid Global Growth’. The article identifies Canopy Growth (TSX: WEED) (NYSE: CGC), Canrim Growth Group, Aleafia Health (TSX: ALEF) (OTCQX: ALEAF), MediPharm Labs (TSX: LABS) (OTCQX: MEDIF), and Halo Labs Inc. (NEO: HALO) (OTCQX: AGEEF) as cannabis businesses that are set to benefit from the anticipated growth within the cannabis industry. “An important trend that we have identified in the cannabis sector is related to the expected growth of the industry from a revenue standpoint. Over the next decade, the global cannabis industry is forecast to witness unprecedented growth as new markets come on-line and existing markets mature,” StoneBridge Partners Managing Director Anthony Varrell writes. “Estimates associated with the legal cannabis industry have been increasing and we are favorable on the implications this will have on the companies that are capitalizing on the global cannabis market.”

To view the full article, visit http://cnw.fm/0dNW7

About technical420

Technical420 is dedicated to educating investors about the risk and rewards of investing in the cannabis industry. It highlights companies that have the most growth potential by utilizing its proprietary analytics platform. For more information, visit www.technical420.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)

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

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

CannabisNewsWire (CNW)
Denver, Colorado
www.CannabisNewsWire.com
303.498.7722 Office
Editor@CannabisNewsWire.com

CannabisNewsWire is part of the InvestorBrandNetwork.

CBDNewsBreaks – ChineseInvestors.com Inc. (CIIX) CEO Discusses Impressions over the Coronavirus on MoneyTV with Donald Baillargeon

ChineseInvestors.com (OTCQB: CIIX) was featured on this week’s episode of MoneyTV with Donald Baillargeon. The internationally syndicated program, viewed in over 200 million households and more than 75 countries, covers money-focused topics and features in-depth interviews with CEOs and executives that offer insights into various companies and their operations and future outlooks. This week’s program featured CIIX CEO Warren Wang as he discussed his impressions over the Coronavirus. “I’m not a doctor; I cannot say that CBD can help your immune system,” Wang stated in the interview, indicating that, based on his experience and other sources such as YouTube, he believes that CBD has the potential to help. “So, I think our focus in the next six to 12 months is really selling the CBD oil to the Chinese population in the [U.S.]. I think it is a tremendous, tremendous opportunity. We are only one of a few companies trading on the OTC to sell CBD Oil to Chinese people in the [U.S.].”

To view the full press release, visit http://cnw.fm/sD0tF

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.

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

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

Please see full terms of use and disclaimers on the CBDWire website applicable to all content provided by CBDW, wherever published or re-published: https://CBDWire.com/Disclaimer

Do you have a questions or are you interested in working with CNW? Ask Our Editor

CBDWire (CBDW)
Denver, Colorado
www.CBDWire.com
303.498.7722 Office
Editor@CBDWire.com

CBDWire is part of the InvestorBrandNetwork.

420 with CNW – First Cannabis Consumption Lounge Gets Approved in Illinois

Illinois launched recreational marijuana sales on Jan. 1, and less than a month later, the state is planning to open the first marijuana consumption lounge where people would be allowed to use marijuana freely on-site.

Springfield City Council approved a marijuana consumption lounge with a vote of 9 to 1. The HCI Alternatives consumption lounge will be located in the downtown area of Springfield.

Illinois has allowed people to consume marijuana in the comfort of their residences. But, with the approval of marijuana consumption lounges, fans can now consume weed socially away from their homes.

Springfield Alderwoman Doris Turner said that the reason they approved the opening of marijuana lounges was to ensure the safety of people looking to consume marijuana, which is now legal in the state of Illinois. Individuals aged 21 and above are allowed to possess and consume marijuana in the state. Turner further said that she believes that people would be more comfortable and responsible, and they will behave similarly to how they behave when they go to a bar.

The sole dissenting councilman, Alderman Joe McMenamin, said that he was concerned over the consumption of both alcohol and marijuana in the state of Illinois.

During the first day of recreational marijuana sales in Illinois, the dispensaries sold marijuana worth approximately $3.2 million, and the state dispensaries are experiencing a marijuana supply shortage; thus, not meeting the demand of its residents.

The need for safe consumption sites is on the rise as more and more states legalize recreational marijuana.

In the United States, Social Consumption Lounges are places where people can socialize while freely using marijuana, and the lounges are gaining popularity since more places can be seen establishing the consumption lounges.

Speaking to the State-Journal-Register, the owner of HCI, Chris Stone, said that he expects the marijuana lounge to be opened in April. He also said that he hopes that it will be an inspiration for the establishment of other lounges in Illinois.

Stone further said that since it is the first time they are looking to open a consumption lounge in Illinois, they are hoping that in the next three or four months, they will have developed a model that can be used by other businesses looking to venture into the same thing.

Stone also told the news outlet that people could use the movie theater behind the company’s facility to learn how to make marijuana-infused edibles.

Lowell Farms is a Cannabis Café that was opened last year in October in West Hollywood. The café has both an indoor and outdoor patio where people can consume marijuana. The café also sells marijuana products such as flower, concentrates, and edibles.

It is widely believed that cannabis industry players, such as MCTC Holdings Inc. (OTC: MCTC) and Dama Financial, are pleased to see a gradual acceptance of marijuana consumption lounges since it is only logical that there should be a way for people to consume legal marijuana in regulated places outside their homes.

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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

For more information please visit https://www.CNW420.com

Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW420, wherever published or re-published: http://CNW.fm/Disclaimer

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

CannabisNewsWire420
Denver, Colorado
http://www.CNW420.com
303.498.7722 Office
Editor@CannabisNewsWire.com

CNW420 is part of the InvestorBrandNetwork.

420 with CNW – More Illinois Residents Opt for Medical Marijuana to Dodge High Taxes

To get more states to legalize marijuana, the cannabis community has been convincing the people as well as the leaders by estimating the amount of tax revenue states could generate from the sale of legal weed. And from the look of things, lawmakers are starting to heed their cries as more and more states move to legalize either medical or recreational marijuana, or even both. However, the tax imposed on marijuana sales is too high in some states such that consumers are opting to buy weed from the black market where it is affordable. For Illinois residents, the better option now seems to be legal medical marijuana which is taxed at a lower rate.

Recreational marijuana sales were launched at the beginning of the year in Illinois, and customers have gotten a sticker shock after seeing some of the highest marijuana sales taxes in the U.S. Some cannabis consumers have sworn to stick to the black market until the legal markets offer them affordable prices. However, some of the consumers have devised a way to avoid the high taxes by joining the state’s medical marijuana program, where taxes are much lower.

Local media outlets reported that since the beginning of January, more than 2,600 people have applied for medical marijuana cards. This represents a 34% increase in the total number that applied for medical marijuana cards in the first two weeks of December 2019. The report further said that the rise could be attributed to people wanting to participate in the legal marijuana system.

Most of the marijuana consumers are opposed to the high tax rates in the adult-use sector; thus, the reason they are opting to join the medical side. Additionally, since the products sold in the recreational and medical markets are the same, customers do not have to queue for long to be served when buying medical cannabis as is the case when buying recreational weed.

The Illinois tax system is complex, and the marijuana sales tax rates are high. The growers within the state of Illinois are expected to pay a 7% tax and a series of additional excise taxes depending on the type of product. Customers are also expected to pay fees depending on the type of product and potency. The fees imposed are as follows; for the consumer’s buds 10%, edibles 20%, and any products whose THC is 35% or more 25%, as well as additional state and local taxes.

Overall, the customers are expected to pay a 41% tax. The tax rate has forced many customers to turn to the illicit market. Ironically, instead of people turning to the legal market after the legalization of marijuana, most are buying from the black market.

However, for people to be issued with medical marijuana cards, they need to get a doctor’s certification saying that they have one or several of the illnesses in the qualifying conditions list, such as Alzheimer’s, and cancer as well as pain issues. The patient also has to pay an application fee of $100 to $250 so that they can start purchasing medical marijuana once their card arrives. Medical marijuana purchases are taxed at 1%.

Soon, the state of Illinois will have to consider reviewing its tax system as more and more people are securing medical marijuana cards to escape the high tax rates in the recreational market.

Experts believe that cannabis companies, such as Willow Biosciences Inc. (TSX: WLLW) (OTCQB: CANSF), would like to see states tax marijuana sales in a way that doesn’t make the products too expensive for consumers. A review of the tax regime in Illinois may therefore be warranted so that the black market isn’t inadvertently given a shot in the arm.

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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

For more information please visit https://www.CNW420.com

Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW420, wherever published or re-published: http://CNW.fm/Disclaimer

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

CannabisNewsWire420
Denver, Colorado
http://www.CNW420.com
303.498.7722 Office
Editor@CannabisNewsWire.com

CNW420 is part of the InvestorBrandNetwork.

CannabisNewsBreaks – Agrify Appoints New Chief Financial Officer

Agrify, a developer of premium indoor grow solutions for the cannabis and hemp markets, this morning announced the appointment of Niv Krikov as chief financial officer, effective Feb. 4, 2020. Krikov will leverage his financial leadership and business development expertise to assist Agrify in meeting the rising demand for its products and services. “Niv is a highly accomplished, strong leader whose broad experience will enable Agrify to rapidly move forward with our expansion and optimization initiatives,” Agrify chief executive officer Raymond Nobu Chang stated in the news release. “His proven record in leading organizational transformation; deep public-company finance and accounting experience; and expertise in capital markets, strategic planning and analysis, M&A and financial system implementation will be an asset to our company as we continue to execute our growth strategies.”

To view the full press release, visit http://cnw.fm/9TdzE

About Agrify

Agrify is a rapidly growing developer of premium indoor grow solutions for the cannabis and hemp marketplace. The company’s comprehensive grow solutions have been developed with one mission in mind: to assist its valued customers in producing the highest quality product possible with consistency and superior yields. Agrify is a non-plant-touching company; to learn more, visit www.Agrify.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)

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

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

CannabisNewsWire (CNW)
Denver, Colorado
www.CannabisNewsWire.com
303.498.7722 Office
Editor@CannabisNewsWire.com

CannabisNewsWire is part of the InvestorBrandNetwork.

CannabisNewsBreaks – CannabisNewsWire to Serve as an Official Newswire, Platinum Sponsor for O’Cannabiz 2020

CannabisNewsWire (“CNW”), a multifaceted financial news and publishing company part of the InvestorBrandNetwork (“IBN”), today announced that it will again collaborate with the organizers of O’Cannabiz. In addition to serving as an official newswire, CNW will also be a platinum sponsor of the upcoming O’Cannabiz Conference & Expo slated to take place in Mississauga, Ontario from April 23-25, 2020. “O’Cannabiz is Toronto’s premier cannabis business conference, and CannabisNewsWire is proud to once again participate and leverage our comprehensive array of corporate communication solutions,” CNW Director of Syndicated Communications Christopher Johnson said in the news release. “We had an incredible experience at the 2019 O’Cannabiz conference, and we look forward with great anticipation to this year’s exciting event and all it promises to deliver.”

To view the full press release, visit http://cnw.fm/bMw5H

About The O’Cannabiz Conference & Expo

O’Cannabiz Conference & Expo is hailed as Canada’s premier cannabis business event. Returning to The International Centre in Mississauga, Ontario, this year’s event is slated to take place from April 23-25, 2020. O’Cannabiz will connect the best and the brightest, including thousands of expert companies and brands from all corners of the nascent space, and serve as a gathering point for the Canadian and international cannabis industry. The event’s multi-day agenda includes a business conference, an industry awards gala and industry and public expos. O’Cannabiz 2020 is expected to draw a massive audience of 7,500+ attendees exploring 400+ booths spread across 100,000 square feet of exhibition space. The event will shed insight across numerous key topics, including policy & regulations, marketing, advertising & branding, growing & cultivation, health & wellness, cannabis science, and finance. O’Cannabiz offers an unparalleled opportunity for cannabis executives, enthusiasts and investors to source, shop, network and grow in the industry. For additional information about O’Cannabiz, including event registration, visit www.oCannabiz.com. Early bird discounts are available through Jan. 31.

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

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

CannabisNewsWire (CNW)
Denver, Colorado
www.CannabisNewsWire.com
303.498.7722 Office
Editor@CannabisNewsWire.com

CannabisNewsWire is part of the InvestorBrandNetwork.

HempNewsBreaks – California Gold Mining Inc. (CSE: CGM) (OTCQX: CFGMF) Executes Second Sale Agreement for Finished Products Produced from Wholly-Owned Hemp Biomass

California Gold Mining (CSE: CGM) (OTCQX: CFGMF) on Wednesday announced its execution of an agreement with a North Carolina-based private hemp-CBD production company for the sale of CBD Isolate produced from the company’s wholly-owned, high-CBD hemp biomass. Per the update, the agreement is in addition to one previously announced on January 15, 2020 related to the sale of the company’s Zero-THC Distillate. “The execution of a second sale agreement within a few days of executing the first is a testament to the high quality of CGM’s various refined products, and management’s commitment to achieving positive cash flow in Q1 2020,” California Gold’s President and CEO, Vishal Gupta, said in the news release. “CGM’s board of directors recognizes that diversification of the company’s revenue stream will be critical to long-term sustainability of positive cash flow in this nascent hemp-CBD sector. With this goal in mind, management continues to explore additional avenues for revenue generation from the company’s hemp business segment.”

To view the full press release, visit http://cnw.fm/fX9OM

About California Gold Mining Inc.

California Gold Mining Inc. is focused on continued development of a high-quality gold resource on its 100%-owned Fremont property in Mariposa County, California. The Fremont property consists of an entirely private and patented land package totaling 3,351 acres of historically producing gold mines, with a state highway, PG&E electric substation and abundant water present on the property itself. The Fremont property lies within California’s prolific Mother Lode Gold Belt that has produced over 50 million ounces of gold. The company purchased the Fremont property in March 2013. The company also has an outdoor, high-CBD industrial hemp biomass cultivation operation on its Grove Road Farm property in Kendall County, Illinois. The company plans to use a portion of cash flow from its hemp biomass and hemp seed operations to continue development of its gold business, with minimal dilution for shareholders. The company’s technical report in respect of the Fremont Property prepared pursuant to National Instrument 43-101 is available on SEDAR at www.sedar.com and on the company’s website at www.CaliGold.ca.

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.

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

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

Please see full terms of use and disclaimers on the HempWireNews website applicable to all content provided by HNW, wherever published or re-published: https://www.HempWireNews.com/Disclaimer

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

HempWireNews (HWN)
Denver, Colorado
www.HempWireNews.com
303.498.7722 Office
Editor@HempWire.net

HempWireNews is part of the InvestorBrandNetwork.

CannabisNewsBreaks – Supreme Cannabis Company, Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) to Release Q2 Earnings on February 13, 2020

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1), a global diversified portfolio of distinct cannabis companies, products and brands, today announced its planned release of its second quarter financial results for the three months ended December 31, 2019. According to the update, Supreme Cannabis will release the results after markets close on February 13, 2020.

To view the full press release, visit http://cnw.fm/1F2fq

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.

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

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

CanadianCannabisWire (CNW)
Toronto, Ontario
www.CanadianCannabisWire.com
905.674.5977 Office
Editor@CanadianCannabisWire.com

420 with CNW – Chicago Housing Authority Eases its Strict Position on Recreational Weed

The new recreational marijuana market in Chicago is still facing some challenges. However, the challenge of being restricted from consuming pot in accomodations that fall within the ambit of the Chiacgo Housing Authority is being addressed in light of the state law allowing recreational marijuana.

Marijuana consumers can now buy marijuana and smoke it at home. Previously, people living in subsidized housing facilities governed by federal law couldn’t smoke marijuana in their homes because as per federal law, cannabis is illegal.

Last year, sixty-three thousand households received warning letters for possible evictions for families found violating federal marijuana laws.

However, the Chicago Housing Authority board of commissioners passed a revised policy protecting people residing in subsidized housing. This was after the Chicago Mayor Lori Lightfoot pressured the CHA to implement a less heavy-handed approach.

According to the updated policy, each marijuana complaint would lead to a “consideration of relevant facts on a case-by-case basis.”

The updated policy also provides that the Chicago Housing Authority officials would work with people living in subsidized housing, participants, federal housing applicants, and landlords to make sure that they have the necessary information and guidance on how to exercise their rights under the local law without violating the federal law, which would lead to eviction.

Enlighten is a company that helps to provide the public as well as marijuana consumers with education about marijuana, and Jeremy Jacobs is its CEO.

Jacobs said that it is vital for the residents, as well as the applicants to note that when they are making their choices, they should make sure of the right they want to have, whether it is their state-protected rights or federal rights? For instance, some people live in subsidized housing but are medical marijuana consumers, and the federal regulators are responsible for controlling national housing.

You cannot be evicted from federal housing for possessing medical marijuana cards, and if you are a medical cannabis user, you can avoid being evicted by using marijuana offsite, maybe at a friend’s or a relative’s house. And, if you live in areas where recreational marijuana is legal, you can go to consumption lounges or vape bars.

Several people have been evicted from federal housing due to medical marijuana consumption. For instance, last year, a 78-year-old resident of Niagara Towers apartment, John Flickner, was ejected from his house for using a vaporizer to manage chronic pain. Another couple from Agawam, Massachusetts, Francine and Timothy Weinandy were evicted for smoking weed on their patio. Timothy is disabled while his wife suffers from cerebral white matter brain disease, which is a progressive disease that affects brain nerves.

Such examples illustrate the risks associated with staying in subsidized housing. However, experts think that the decision made by the Chicago Housing Authority to ease the restrictions on marijuana use will be welcomed by the entire cannabis industry, including players like HTC Extraction Systems (TSX.V: HTC) (OTCQB: HTPRF).

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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

For more information please visit https://www.CNW420.com

Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW420, wherever published or re-published: http://CNW.fm/Disclaimer

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

CannabisNewsWire420
Denver, Colorado
http://www.CNW420.com
303.498.7722 Office
Editor@CannabisNewsWire.com

CNW420 is part of the InvestorBrandNetwork.