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 CBD Product Purity Data

Innovative technology-solutions provider No Borders (OTC: NBDR), through its No Borders Naturals subsidiary, initially leveraged blockchain to safeguard and share third-party, lab-test data on the purity of CBD products. An article discussing the company reads, “‘We created CBD Lab Chain technology to deliver lab-test data on our CBD consumer products directly to customers,’ says No Borders CEO Joseph Snyder, adding that the technology is now available to other CBD sellers. Consumers view lab data by scanning QR codes on product labels. It’s important to note that this does not give them entry to the block chain — only visuals. . . . And now No Borders Labs, the nation’s only publicly traded blockchain deployment company, is customizing blockchain technology for supply chains and network infrastructure everywhere.”

To view the full article, visit http://cnw.fm/m57GV

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.

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CBDNewsBreaks – ChineseInvestors.com Inc. (CIIX) CEO Discusses CBD Initiatives on MoneyTV with Donald Baillargeon

ChineseInvestors.com (OTCQB: CIIX), an established financial news and investment portal, was featured on this week’s episode of MoneyTV with Donald Baillargeon. The internationally syndicated program covers money-focused topics and provides insights into operations and future outlooks of various companies through in-depth CEO and executive interviews. MoneyTV is viewed in over 200 million households in more than 75 countries. On this week’s installment, which marks the 1,100th Episode of MoneyTV, Chineseinvestors.com CEO Warren Wang discusses the company’s CBD Biotech subsidiary. Wang detailed upcoming initiatives including the launch of new CBD products and its plans to capitalize on the growing popularity of social media.

To view the full press release, visit http://cnw.fm/QH8bm

About ChineseInvestors.com

Founded in 1999, ChineseInvestors.com endeavors to be an innovative company 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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NetworkNewsBreaks – technical420 Highlights Five Companies Capitalizing on Different Cannabis Industry Verticals

A recent editorial by Anthony Varrell of technical420 highlights five companies that are capitalizing on different verticals of the cannabis industry, including Aleafia Health (TSX: ALEF) (OTC: ALEAF), PharmaCielo (TSX.V: PCLO) (OTCQX: PCLOF), Namaste Technologies (TSX.V: N) (OTCQB: NXTTF), ManifestSeven, and Canopy Growth (TSX: WEED) (NYSE: CGC). “2020 is expected to be a breakout year for the cannabis industry and with primary growth drivers to be the opening of new markets, the maturing of existing markets, and the increasing number of products for purchase by recreational consumers in Canada,” Varrell writes. “During the last year, the cannabis sector was under substantial pressure and the valuations associated with these companies plummeted across the board. Although the recent trend has been to the downside, there is a subset of companies that have been executing on previously announced initiatives and that represent attractive growth opportunities. We believe that the recent pressure makes the sector look much more attractive from a valuation standpoint.”

To view the full article, visit http://cnw.fm/GfBw0

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.

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HempNewsBreaks – Neptune Wellness Solutions Inc. (TSX: NEPT) (NASDAQ: NEPT) Announces Corporate Updates, 2020 Initiatives

Neptune Wellness Solutions (TSX: NEPT) (NASDAQ: NEPT), a health and wellness company focused on extraction, purification and formulation of cannabinoids, today provided corporate updates and initiatives in advance of its participation at the Annual ICR Conference in Orlando, Florida being held on January 13-15, 2020. Neptune’s CEO, Michael Cammarata, will present and meet with investors at the event. Among other updates, the company reported that it has deployed several efforts to accelerate its growth in the B2C markets and plans official launch of its Forest Remedies(TM) brand, which is expected to occur in February 2020. Public relations and marketing campaigns under Neptune’s partnership with American Media LLC will support the launch that will consist of hemp-derived wellness products including ingestibles, such as soft gels and oils, topicals and a pet soother.

To view the full press release, visit http://cnw.fm/ReIy5

About Neptune Wellness Solutions Inc.

Neptune Wellness Solutions specializes in the extraction, purification and formulation of health and wellness products. The Company has in excess of 100 customers across several verticals including legal cannabis and hemp, nutraceutical and consumer packaged goods. Neptune’s wholly owned subsidiary, 9354-7537 Québec Inc., is licensed by Health Canada to process cannabis at its 50,000-square-foot facility located in Sherbrooke, Quebec. The Company also has a 24,000 square-foot facility located in North Carolina to process hemp biomass into extracts. Neptune brings decades of experience in the natural products sector to the legal cannabis and hemp industries. Leveraging its scientific and technological expertise, the Company sees applications for hemp-derived extracts in the U.S. beyond existing markets and product forms and into personal care and home care markets. Neptune’s activities also include the development and commercialization of turnkey nutrition solutions and patented ingredients such as MaxSimil(R) and a variety of marine and seed oils. Its head office is located in Laval, Quebec. For more information, visit www.NeptuneCorp.com.

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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HempNewsBreaks – SinglePoint, Inc. (SING) President Discusses 2020 Outlook on MoneyTV with Donald Baillargeon

SinglePoint (OTCQB: SING) was featured on this week’s episode of MoneyTV with Donald Baillargeon. The internationally syndicated program covers money-focused topics, featuring various companies and in-depth interviews with CEOs and executives that offer insights into operations and future outlooks. MoneyTV is viewed in over 200 million households in more than 75 countries. This week’s program featured SinglePoint President Will Ralston as he discussed the company’s solar focus for 2020. “We are looking at just the Direct Solar subsidiary alone doing over $8 million in revenues in 2020,” Ralston said. “Then, add on top of that, all of the internal projects that SinglePoint has going on, such as our 1606 Hemp Project, as well as DIGS and SingleSeed. I believe that we’re just going to have a large 2020, which will make it the largest year that SinglePoint has done in its history.”

To view the full press release, visit http://cnw.fm/60ZBb

About SinglePoint, Inc.

SinglePoint, Inc (SING) invests in and acquires brands and companies that will benefit from an injection of growth capital and the sales and marketing expertise of SinglePoint. The company’s portfolio currently includes solar, Hemp and distribution tobacco products. SinglePoint is working to grow the company to a multinational brand. For more information, visit the company’s website at www.SinglePoint.com.

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

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CannabisNewsBreaks – Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI) Recognized Among Atlantic Canada’s Top 100 Employers

Organigram Holdings (NASDAQ: OGI) (TSX: OGI), the parent company of Organigram Inc., a leading licensed producer of cannabis, today announced it has been selected as one of Atlantic Canada’s Top Employers. According to the update, editors of Canada’s Top 100 Employers organize the annual competition that recognizes exceptional workplaces in Canada’s four Atlantic provinces. Criteria for evaluating employers include physical workplace, work atmosphere, performance management and training, skills and development. “We’re proud to accept this award, which demonstrates our exceptional teams’ ability to manage rapid growth while ensuring employee satisfaction, skills training and a vibrant company culture are priorities for the organization,” Organigram CEO Greg Engel said in the news release.

To view the full press release, visit http://cnw.fm/cvL37

About Organigram Holdings Inc.

Organigram Holdings Inc. is a NASDAQ Global Select and TSX listed company whose wholly owned subsidiary, Organigram Inc., is a licensed producer of cannabis and cannabis-derived products in Canada. Organigram is focused on producing high-quality, indoor-grown cannabis for patients and adult recreational consumers in Canada, as well as developing international business partnerships to extend the Company’s global footprint. Organigram has also developed a portfolio of legal adult use recreational cannabis brands including The Edison Cannabis Company, Ankr Organics and Trailblazer. Organigram’s primary facility is located in Moncton, New Brunswick and the Company is regulated by the Cannabis Act and the Cannabis Regulations (Canada). For more information, visit the company’s website at www.Organigram.ca.

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 – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) CEO Posts Strategic Company Update

Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP), a global innovator in drug-delivery platforms, on Thursday provided a strategic update from the company’s CEO Chris Bunka. Among other highlights, the update includes a brief recap of achievements from 2019 and an outlook for the new year. “One objective for the company during 2020 is to dramatically alter our capital markets strategy. During the last six months Lexaria has met with a number of Wall Street investment banking firms as we devise our long-term capital markets strategy. Lexaria expects to pursue a strategy during 2020 to qualify for listing on a nationally-recognized US exchange, allowing a dramatically larger audience of investors to consider Lexaria’s attributes and opening a path to increased quantity and quality of strategic opportunities,” Lexaria Bioscience CEO Chris Bunka stated in the update.

To view the full press release, visit http://cnw.fm/ONk7H

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/LXX

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420 with CNW – South Dakota Marijuana Legalization Measure Cleared for 2020 Ballot

On Monday, the secretary of state’s office in South Dakota announced that a measure seeking to legalize recreational marijuana has qualified for the state’s November ballot.

In September, the former federal prosecutor, Brenda Johnson, submitted the legislation which would permit people who are 21 years and above to possess and distribute a maximum of one ounce of cannabis. The measure also allows people to grow a maximum of three marijuana plants.

The residents of South Dakota will be deciding on two separate measures during the November elections because last month, the secretary of state said that the campaign seeking to legalize medical marijuana in South Dakota had gathered more than 30,000 signatures, which is the required number for the measure to qualify for the 2020 ballot.

Under the adult-use marijuana legalization measure, the Department of Revenue in South Dakota would be tasked with the responsibility of issuing permits to the manufacturers, testing laboratories, and retailers. A tax of 15% would be imposed on all marijuana products sold, and the revenue would be used to cover the implementation of marijuana programs and public education. Some of it would be added to the state general fund.

The measure seeking to legalize medical marijuana has provisions that require the lawmakers to approve the legislation allowing patients to access medical cannabis and the sale of hemp by April 1, 2022.

The signatures required for medical marijuana to enter the ballot were 16,962, which is lower than that of recreational marijuana, which is a proposed constitutional amendment, which were 33,921 signatures.

In a press release, the Secretary of State, Steven Barnett, said that his office conducted a random sample of the submitted petition signatures and found 68.745% (36,707) of them to be valid.

Marijuana Policy Project (MPP) and New Approach PAC are both in favor of the recreational and medical marijuana measures.

Speaking to an online industry publication, the deputy director of the Marijuana Policy Project, Matthew Shweich, said that South Dakota would be the first state to legalize both medical and recreational marijuana on the same ballot in the history of America. The legalization of recreational marijuana would be of benefit to the residents of South Dakota as it would mark the end of unlawful arrests of law-abiding citizens for marijuana offenses. Instead, law enforcement will use its resources to combat severe crimes. Recreational marijuana sales will generate revenue for the state and create new jobs.

There is less likelihood of Congress passing a marijuana legalization measure this year, said Schweish, who played a significant role in the campaigns for collecting the signatures for the two initiatives.

Marijuana advocates are hopeful that the voters will approve both measures; however, they are also expecting pushback from Gov. Kristi Noem, who opposed hemp legalization legislation in 2019, as well as the state Republican Party, which urged the voters not to sign the ballot petition in September.

In the U.S., other states, such as New Jersey and Mississippi, are also going to enter their measures in the ballot for the voters to decide in November’s elections.

It is widely believed that the entire cannabis industry, including entities like Dama Financial and Green Hygienics Holdings Inc. (OTCQB: GRYN), will be following the ballot measures closely since they could determine whether the wave to legalize marijuana across the country hits a major speed bump or gathers steam.

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 – Overwhelming Demand Causes Recreational Weed Shortage in Illinois

During the first week of legal recreational marijuana sales in Illinois, tens of thousands of customers were seen queuing outside all except one of the nine dispensaries. The huge demand for weed has caused a supply shortage to hit the dispensaries and the owners are scrambling to respond.

Speaking to Washington Post, the co-owner of a dispensary located on the North Side of Chicago, Bryan Zises, said that instead of having people wait outside in the harsh cold for hours to be served, Dispensary 33 requested the customers to share their cellphone number so that they can call them when the dispensary is not crowded.

During the first three days of legal adult-use marijuana sales, the dispensary texted dozens of customers each hour between 9:00 a.m to 9:00 p.m. However, on the fourth day, they had exhausted their stock and were forced to turn away customers since the new shipment had not arrived for restocking. Zises said that there is a probability of the store running out of stock again on Tuesday.

Due to lack of stock, Zises’ dispensary did not sell recreational marijuana on Saturday and Sunday and resumed trading on Monday after it was restocked, but the stock was depleted within three hours.

On Monday evening, the dispensary tweeted that they are waiting on the deliveries from the cultivators. They also noted that they would serve as many adult-use customers as they can.

On New Year’s Day, the temperature was frigid, but this did not deter tens of thousands of customers from queuing outside the nine dispensaries waiting to purchase the newly legalized marijuana in Illinois.

During the first day of legal marijuana sales, five dispensaries sold more than $3 million of THC-infused products. After five days, marijuana customers in Illinois had bought recreational marijuana worth approximately $11 million, which is equated to more than 271,000 purchases.

However, because of the high number of eager marijuana customers, the state’s supply of marijuana was stretched, forcing many dispensaries to turn away customers before the first week of legal sales was over. Chicago has stringent licensing rules; thus, the large cultivators are struggling to keep up with the adult-use demand because previously, they were serving a much smaller medical marijuana market (87,000 users).

After the sale and possession of recreational marijuana were legalized in June, medical marijuana dispensaries were given six months to expand their operations to meet the demand of the recreational market come January 2020.

Illinois was the first state to legalize adult-use cannabis through legislation, and it is estimated that there would be more than 900,000 marijuana consumers, the Chicago Tribune reported.

Speaking to Chicago Sun-Times, economist Beau Whitney said that recreational marijuana demand is ten times more than that of medical marijuana and it will take several months before growers can cultivate enough cannabis to satisfy both medical and recreational customers even though pot is grown in greenhouses and could be harvested all year round as it matures irrespective of the season.

Unlike those retailers who have run out of weed, some of the largest cultivators also sell marijuana, and their shops still have stock on the shelves. The market for recreational cannabis will improve once the state issues additional licenses for 100 small growers and 185 new dispensaries.

Industry watchers think despite the shortages, the recreational marijuana industry in Illinois has gotten off to a good start and sector players like ChineseInvestors.com Inc. (OTCQB: CIIX) and LiveWire Ergogenics Inc. (OTC: LVVV) may be glad that their counterparts operating in the Illinois market have a bright future characterized by high product demand.

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CannabisNewsBreaks – Green Hygienics Holdings Inc. (GRYN) Prepares for Increased Regulation by Appointing New Head of Quality, Compliance

Green Hygienics Holdings (OTCQB: GRYN), an innovative, premium-cannabis cultivation and branding enterprise, recently appointed seasoned business executive Sid Senroy as the new head of quality and compliance. An article discussing the appointments reads, “‘This will directly support the company to achieve its stated objectives to adhere to the highest standards of operations in consistently delivering safe and premium-quality products to consumers and that the company intends to be a leader in FDA cGMP (Current Good Manufacturing Practice) capabilities in the hemp and CBD marketplace,’ Green Hygienics Holdings CEO Ron Loudoun stated in a news release (http://cnw.fm/Kk2Fx). . . . Senroy has successfully led several global quality and compliance business units as senior consultant or executive over the past 20 years, leading to the approval of key blockbuster drugs with total sales exceeding $30 billion annually over the last decade.”

To view the full article, visit http://cnw.fm/q2lXS

About Green Hygienics Holdings Inc.

Green Hygienics Holdings is an innovative, full-scope, science-driven, premium-hemp branding enterprise focused on the cultivation and processing of industrial hemp for cannabidiol (“CBD”). The 2018 U.S. farm bill removed hemp from Schedule I controlled substances (defined as cannabis with less than 0.3% THC), making it an ordinary agricultural commodity. GRYN’s mission is to grow the company in a sustainable and profitable manner to be one of the largest industrial hemp-for-CBD producers in North America. The company will adhere to the highest standards of operations in consistently delivering safe and premium-quality products to consumers. GRYN intends to be a leader in FDA cGMP (Current Good Manufacturing Practice) capabilities in the hemp and CBD marketplace. The company’s business model includes generating revenues from the sale of hemp and premium-grade CBD products, creating trusted global consumer brands, developing valuable IP and growing the company rapidly through strategic acquisitions. For more information, visit the company’s website at www.GreenHygienicsHoldings.com.

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

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