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 – LiveWire Ergogenics Inc. (OTC: LVVV) Enters Next Stage in Development of World’s First Estate Grown Weedery

LiveWire Ergogenics (OTC: LVVV), a health and wellness company with a focus on special purpose real-estate acquisitions and the licensing and management of high-end and permitted facilities to produce high-quality craft cannabis products and services in California, today announced its completion of all necessary research and submission of its environmental report and biological resource study to the planning department for its planned Estate Grown Weedery project. “With the demand for pure, organically grown and thoroughly tested cannabis products growing rapidly, we expect the handcrafted product that will be grown at our California ranch to become the most sought-after premium cannabis in the industry,” LiveWire CEO Bill Hodson said in the news release. “In the true spirit of ‘Doing-it-Right’ we are developing the ranch into a special place with unique ‘tractor-less’ farming methods and independent growers and passionate experts carefully tending to each plant grown under the natural canopy of a perfect microclimate in the midst of California wine country. This brings our vision of an ‘Estate Grown Weedery’ and producing the finest family of branded cannabis in the Country closer to reality. We are planning to expand on the craft grow business model by consequently utilizing the ideal conditions at our beautiful estate, two factors that are unparalleled in the industry.”

To view the full press release, visit http://cnw.fm/oFiF5

About LiveWire Ergogenics Inc.

LiveWire Ergogenics, Inc. (LVVV) specializes in identifying and monetizing current and future trends in the human and veterinary health and wellness industry. The Company is focused on acquiring, managing and licensing specialized “closed loop” turnkey cannabis real estate locations of fully compliant and permitted turnkey facilities to produce high-quality cannabis-based products and services in California and the state-wide distribution of these products. This includes verification of zero pesticide products for quality brands via the company’s “7X Pure” Cannabis Verification System, the development, licensing and distribution of legal and high-quality cannabinoid-based products and services and the creation and distribution of the high-quality and hand crafted “Estrella Weedery” brand. LiveWire Ergogenics does not produce, sell, or distribute products that are in violation of the United States Controlled Substance Act. For more information, please visit: LiveWireErgogenics.com

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

About CannabisNewsWire

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

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CannabisNewsBreaks – Cannabis Strategic Ventures, Inc. (NUGS) Announces Record Results in 2019

Cannabis Strategic Ventures (OTCQB: NUGS), an emerging leader in the U.S. cannabis marketplace, today announced some of the highlights and accomplishments characterizing the Company’s most successful year of operations in its history as 2019 comes to an end. In the update, the Company details several accomplishments that played a critical role in positioning Cannabis Strategic Ventures for a much bigger scale of operations in 2020. “2019 was transformative for Cannabis Strategic Ventures,” Simon Yu, CEO of Cannabis Strategic Ventures, said in the news release. “We are extremely excited about the progress we made during 2019, and the tremendous position we are in as we head into 2020.”

To view the full press release, visit http://cnw.fm/Dhv88

About Cannabis Strategic Ventures

Cannabis Strategic Ventures Inc. (OTC: NUGS) is one of the largest publicly traded marijuana cultivators in the United States. The Company is Los Angeles-based that incubates, develops and partners with category leaders within the cannabis and ancillary sectors. The Firm’s NUGS brand experience provides operational and financial strategic partnerships and a range of essential services to emerging and existing Cannabis consumer brands. For more information, visit www.CannabisStrategic.com.

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

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CannabisNewsBreaks – Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI) Ships First Wave of Vaporizer Offerings

Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), the parent company of Organigram Inc. (the “Company” or “Organigram”), a leading licensed producer of cannabis, today announced release of the first of its ‘Cannabis 2.0’ products, including Trailblazer Spark, Flicker and Glow 510-thread Torch vape cartridges. According to the update, shipments of the custom-designed cartridges were sent to Manitoba, Saskatchewan, Ontario, New Brunswick and Nova Scotia, starting December 17, from the Company’s Moncton production campus. “As a company, bringing the next-generation of cannabis products to market without delay was important to us. We are proud to support access to tested, quality derivative-based products that we expect to help strengthen the regulated market and benefit those who prefer those product types over others,” Organigram CEO Greg Engel said in the news release. “Being one of the first licensed producers in the country ready to provide vape products, following the expiration of Health Canada’s 60-day notification period, illustrates that degree of focus and commitment. It speaks to an extraordinary effort by our internal teams who helped bring the Trailblazer Torch to market.”

To view the full press release, visit http://cnw.fm/aC42I

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.

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420 with CNW – Two More Polls Show Americans Support Marijuana Legalization

The majority of U.S. citizens are in favor of broad marijuana legalization, revealed two new national surveys.

A Fox News poll found that 63 percent of the poll survey participants are in support of the legalization of recreational marijuana across the country while 34 percent are against the marijuana reform policy. There were 1,000 respondents, and the survey was conducted through phone interviews in the month of December.

A Marist survey involved 1,744 respondents and was conducted in partnership with NPR and PBS. The poll was also held this month, from the 9th to the 11th. The survey findings showed that 62 percent of the participants support the idea of legalizing adult-use marijuana, while 33 percent are not in favor of the policy.

The last poll conducted by Fox News was in January of 2018, where 59 percent supported legalization. Marist conducted its latest survey in July of 2019 and found that 63 percent support the legalization of marijuana.

Speaking to Marijuana Moment, the political director of NORML, Justin Strekal, said that the Americans could voice their support for the cannabis policy reform during the holidays when the topic is brought up, especially at a dinner table. He also added that people should demand the end of marijuana prohibition ahead of the 2020 elections since it is clear that the majority of the Americans are in favor of legalization.

Marist report the poll responses according to parties as has been the norm of several surveys. They identified the respondents as Democrats, Republicans, or Independents. The survey found that 76 percent of Democrats support the legalization, while 44 percent represented respondents who identified as Republican and were in favor of the policy.

The most significant opposition towards legalization was realized amongst the Americans who supported President Trump in the 2016 elections. This equated to 55 percent of the respondents, while 40 percent of the supporters backed the policy.

The poll also found that except for the Silent Generation, which comprises people older than 73 years, all other age groups support the legalization of marijuana. However, the Fox News poll did not provide the demographic details of the supporters and opponents of legalization in their survey.

These are the latest polls in a pool of recent polls showing increased support for the legalization of marijuana.

Last month the Pew Research center conducted a survey involving 10,000 respondents. The poll found that 67 percent of the participants are in favor of marijuana legalization. Gallup also surveyed people in October and found that 66 percent of U.S. citizens are in support of legalization.

The issue of marijuana legalization has been a major topic of discussion among the majority of 2020 Democratic presidential candidates. Apart from the former vice president Joe Biden and Michael Bloomberg, the other Democratic presidential candidates are in favor of marijuana legalization.

Experts wonder what recommendations companies like The Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTCQX: SPRWF) and Marijuana Company of America Inc. (OTCQB: MCOA) have for raising the stakes so that elections can be won or lost based on a candidate’s views on matters of marijuana legalization.

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 – New Jersey Lawmakers Approve 2020 Marijuana Legalization Referendum

On Monday, the majority of New Jersey lawmakers approved the 2020 ballot question seeking to legalize recreational marijuana, meaning that the voters are the ones to decide on marijuana legalization during the 2020 elections.

The ballot question was passed by 49-24 votes in the Democrat-led Assembly, while in the Senate, the measure was approved by 24-16 votes.

Although Governor Phil Murphy is in favor of marijuana legalization, it is not a must for the proposal to go before him.

The approved question asks the voters if they approve the consumption and possession of adult-use marijuana by people above the age of 21. It also states that marijuana products would be subjected to a state sales tax of 6.625% and the towns could choose to pass ordinances to impose local taxes.

Assembly Speaker Craig Coughlin said that the time has come for America to end prohibition for recreational cannabis.

Once the voters approve the marijuana reform during the 2020 elections, New Jersey will become the 11th state to legalize recreational pot along with the District of Columbia. Thirty-three states and the District of Columbia have legalized medical marijuana.

After Governor Murphy and the legislative leaders failed to advance the marijuana legalization legislation in March, they settled for placing the decision in the hands of voters. The lawmakers who were opposed to the measure voiced several issues concerning the legislation, which include the fear that some former marijuana convicts could get their records cleared effortlessly. Both sides of the political divide had members who were opposed to the policy at the time.

After the recreational marijuana legislation failed to garner enough support to advance in the House, supporters accepted for it to be placed on the ballot. However, they were worried that once the question was placed on the ballot, the lawmakers would abandon their responsibility of addressing racial and social injustices on the people of color as well as the increased rate of prosecution of marijuana possession among the disproportionately affected communities.

The executive director of the state’s American Civil Liberties Union, Amol Sinha, said that the principle of representation and participatory democracy is being undermined by a constitutional amendment requesting the voters to make a decision first and find out the details of the legislation later.

The legislation question will be put on the 2020 ballot after more than three-fifths majority in the House and the Senate approve. Once it is passed, a second vote would be made by the lawmakers during the new legislative session starting on January 14.

It remains to be seen what cannabis companies, such as Willow Biosciences Inc. (CSE: WLLW) (OTCQB: CANSF) and Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF), think about this new plan to end cannabis prohibition in New Jersey.

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CannabisNewsBreaks – Lexaria Bioscience Corp.’s (CSE: LXX) (OTCQX: LXRP) Drug-Delivery Platform Continues Reaching New Milestones

Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP), a global innovator in drug-delivery platforms, recently announced further advances in its proprietary, oral, drug-delivery platform: DehydraTECH(TM). An article discussing the company reads, “Lexaria’s early pilot-stage human trials with tetrahydrocannabinol (THC) delivery show its newest formulation of DehydraTECH-enhanced edibles begin providing cannabinoid effectiveness in less than 10 minutes, which is about twice as fast as traditional DehydraTECH and four to six times faster than generic industry formulations, according to a company news release (http://ibn.fm/mwAS9). . . . Lexaria has been developing DehydraTECH solutions as alternatives to smoked or vaped drug delivery over the course of the past three years, establishing a means whereby edible consumption of certain substances can provide results at rates comparable to inhaled substances and faster than ingested substances in general.”

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

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

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 – HTC Extraction Systems (TSX.V: HTC) Attains Sizeable Revenue Gains During Q3

HTC Extraction Systems (TSX.V: HTC), a hemp-biomass processing entity, recently announced financial results for third quarter that showed a year-over-year (“YoY”) revenue increase of over 2.5 times. An article discussing the company reads, “HTC’s revenues grew from $1.3 million at the September close of the quarter in 2018 to $3.3 million at the quarter’s end this year, according to the report (http://cnw.fm/5bMiP). . . . The revenue gains continue to reflect growth in the company’s agri-infrastructure operation, but HTC anticipates significant new potential in the explosive growth of cannabinoid-related industries and is building hemp-biomass tolling contracts and extraction facilities to process harvested plants for the cannabidiol (CBD) food and pharmaceutical markets.

To view the full article, visit http://cnw.fm/2phNy

About HTC Extraction Systems

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

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

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CannabisNewsBreaks – LiveWire Ergogenics Inc. (LVVV) Achieves 935% YoY Revenue Increase in Q3 2019

LiveWire Ergogenics (OTC: LVVV) recently reported considerable net income increases during Q3 2019, including impressive year-over-year (“YoY”) revenue growth. An article discussing the results reads, “These figures, along with its emphasis on both producing and distributing world-class cannabis throughout the state of California, illuminate the company’s unique positioning in the ever-evolving cannabis industry. . . . In its report, the company noted a 935% boom in revenues, reaching $184,200 for Q3 2019 from $17,790 the same period the prior year (http://cnw.fm/SkM8a). For the 2019 quarter — the three months ended September 30 — LVVV showed a net income of $94,749 compared to a loss of $1,717,712 reported for the comparable period in 2018. Additionally, the company reported a gross profit of $177,240 in the 2019 quarter compared to a loss of $27,119 for the same period in 2018. The company has also improved its balance sheet, showing current assets of $3,081,048 and exceeding current liabilities by $539,570 as of September 30, 2019.”

To view the full article, visit http://cnw.fm/Xxq3i

About LiveWire Ergogenics Inc.

LiveWire Ergogenics specializes in identifying and monetizing current and future trends in the human and veterinary health and wellness industry. The company is focused on acquiring, managing and licensing specialized closed-loop, turnkey, cannabis real-estate locations of fully compliant and permitted facilities to produce cannabis-based products and services in California, along with the statewide distribution of these products. This includes verification of zero-pesticide products for quality brands via its 7X Pure Cannabis Verification System; the development, licensing and distribution of legal and high-quality cannabinoid-based products and services; and the creation of the high-quality Estrella Weedery brand. LiveWire Ergogenics does not produce, sell or distribute products that are in violation of the United States Controlled Substance Act.

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

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CBDNewsBreaks – ChineseInvestors.com Inc. (CIIX) Subsidiary Capitalizing on Thriving CBD Market

ChineseInvestors.com’s (OTCQB: CIIX) subsidiary CBD Biotech Co. Ltd. CEO Summer Yun was recently featured in a “Wall Street Journal” video titled “Why China Is Betting Big on CBD” (http://cnw.fm/QW9t8). An article discussing the company reads, “WSJ reporter Stephanie Yang cited Brightfield Group research indicating a 700% jump in CBD sales in the United States through 2019 and growth into a CBD market estimated to reach $23.7 billion by 2023 (http://cnw.fm/pww0O). In addition, the ‘Hemp Business Journal’ estimates that in 2018 China generated a yield representing some 11% of the CBD global market (http://cnw.fm/aQ3Uw). The economic potential of CBD in China is exemplified as one Chinese farmer inhales his crop, saying, ‘This smells like money.’”

To view the full article, visit http://cnw.fm/6ZpoD

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 Chinese language character sets (traditional and simplified); (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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HempNewsBreaks – Sugarmade, Inc. (SGMD) Enters Hemp Extraction and Laboratory Equipment Marketplace, Initial Shipment En Route to Mega Extraction Facility

Sugarmade (OTCQB: SGMD), a major supplier to the hydroponic cultivation and hemp sectors, today announced its entry into the hemp extraction and laboratory equipment marketplace, one of the fastest-growing areas of the overall hemp industry. In addition, the company announced that it has begun shipments of equipment to be installed in one of the largest planned facilities in the eastern portion of the United States. “We are very pleased to announce we have accepted the initial components from the manufacturer and these components are now in shipping containers en route to Western Kentucky to be installed at what will likely be one of the largest extraction facilities in the eastern part of the United States,” SGMD CEO Jimmy Chan said in the news release. “We will begin booking this revenue upon delivery and installation, which is expected to begin in January.”

To view the full press release, visit http://cnw.fm/V0qqI

About Sugarmade, Inc.

Sugarmade, Inc. (OTCQB: SGMD) is a product and branding marketing company investing in operations and technologies with disruptive potential. The company is becoming a leading supplier to the growing hemp industry and is benefitting from the growth of the hydroponic marketplace. The company is in the process of acquiring several leading hydroponic and agricultural supply companies that are currently producing in excess of $70 million in annual revenues. Sugarmade is also an investor in fast growing Hempistry, Inc., a Kentucky-based cultivator, operates Zenhydro.com, a leading supplier to the Online Hydroponic Market and Carryoutsupplies.com, a leader provider to the quick service restaurant industry. For more information, visit the company’s website at www.Sugarmade.com.

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

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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