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

420 with CNW – Why Law Enforcement May Not Be Ideal for Stamping Out the Marijuana Black Market

The illicit marijuana market is still thriving in California. A recent audit conducted by the United Cannabis Business Association in California showed that the number of illicit marijuana businesses is approximately 3,000. In June, Griffen Thorne wrote a post on the several ways the state can fight the thriving black market, which is a problem for the state economy as well as a threat to people’s health.

However, the state did not initially acknowledge the suggested methods of fighting the illegal market since, recently, the state announced a tax increase on marijuana products, which in turn raised the cost of legal marijuana and thus forcing consumers to turn to the illicit market where marijuana is cheap. But, now, the state seems to be adopting the marijuana policies used by other states such as regulating its marijuana market and improving its enforcement efforts.

Last month, search warrants were served on 24 unlawful businesses, and the Bureau of Cannabis Control, working in collaboration with Los Angeles officials, raided the said businesses and seized marijuana buds and marijuana products worth about $8.8 million. They also impounded 9,885 illegal vape pens and $128,742 in cash. Previously, the bureau had issued landlords whose buildings were being used by illegal marijuana businesses in the state with notice letters notifying them that they could be subject to criminal and civil liability. Previously, the BCC randomly raided and closed such companies, and the action of raiding and seizing products is a significant improvement in their enforcement protocols.

Apart from BCC, other agencies such as the Department of Food and Agriculture (CDFA) in California have also upped their enforcement activities. For instance, on December 13, CDFA, through California’s Attorney General, sued several persons and entities who, according to CDFA, had cultivated and processed marijuana without permits. According to the lawsuit, the lawbreakers are liable for maximum civil penalties of about $10,000 license fee per violation, which is three times the amount of CDFA’s license fees.

The risk of being charged with marijuana law violations in California isn’t something to joke about. Under California law, marijuana agencies are authorized to seek fines of up to $30,000 per day/per violation of any unlawful marijuana activity. Now that the government is taking action by fighting against the black market, people operating illicit marijuana businesses are at high risk because the penalties could quickly get to millions of dollars due to the number of days it takes to grow and harvest the crop. Stanislaus County announced that people growing marijuana illegally would be subjected to a fine of $1,000 per plant per day.

This enforcement trend is likely to spread to other states grappling with the same problem. For instance, Washington has a mature and well regulated adult-use marijuana market and marijuana lawyers in the state say that the regulatory agency shifted from focusing on compliance to full-on enforcement such that the lawmakers had to force the agency to turn their attention back to compliance through legislation.

Many experts are of the view that the illicit marijuana market cannot be eliminated through enforcement because you will always find people who are willing to take on the risk and ignore the law. Even during the years, marijuana was prohibited in the U.S., there were still people ready to grow, process, and sell marijuana irrespective of the risks. However, if the government wants to eradicate the black market, they must lower the taxes, introduce fewer regulations, and expand access to marijuana, such as more dispensaries and cultivation licenses so that more legal players are within reach of consumers.

It would be interesting to hear what specific measures marijuana industy actors like Marijuana Company of America Inc. (OTCQB: MCOA) and Hemptown USA recommend for dealing a decisive blow against marijuana black market operators.

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

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CannabisNewsBreaks – CannabisNewsWire to Serve as Official NewsWire, Platinum Sponsor of NECANN Boston 2020

CannabisNewsWire (“CNW”), a multifaceted financial news and publishing company, today announced its plans to serve as the official newswire and platinum sponsor of the sixth annual New England Cannabis Network (“NECANN”) Boston event. Widely regarded as the most important cannabis industry event on the East Coast, NECANN Boston 2020 is designed to bring cannabis and hemp businesses, specialized exhibitors, expert industry speakers and investors together in one convenient location. With recent legalization of recreational marijuana in Massachusetts, organizers anticipate more than 10,000 to participate in this year’s gathering compared to the 9,000 in attendance last year. “Being involved with NECANN as the official newswire for its events in the past has been an honor and privilege,” said Christopher Johnson, director of syndicated communications for CannabisNewsWire. “We are particularly excited this year to be a platinum sponsor of this premier event. Our teams look forward to leveraging the strong distribution network in place to support and raise the visibility of this gathering, which consistently attracts the largest number of hemp, MMJ and cannabis industry professionals throughout the Northeast.”

To view the full press release, visit http://cnw.fm/hNH4e

About NECANN

The New England Cannabis Network (“NECANN”) has been creating resource hubs for the rapidly expanding cannabis industry since 2014. NECANN’s events are where businesses, entrepreneurs, investors, educators, patients, advocates and consumers can connect, learn and grow. Individually created conventions focused on each local market’s unique needs and opportunities are a superior alternative to the generic national canna-convention franchises found everywhere. NECANN takes a collaborative approach to each convention that has resulted in consistently high ROI for exhibitors, sponsors and attendees and the local cannabis market. Cannabis-related advocacy groups or non-profits are encouraged to contact NECANN, which is proud to sponsor donated booths wherever NECANN local cannabis conferences are held. For more information about NECANN’s flagship conference taking place March 20-22, 2020, visit: https://NECANN.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

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CannabisNewsBreaks – Namaste Technologies Inc. (TSX.V: N) (OTCQB: NXTTF) Highlighted in technical420 Business Analysis Report

A recent editorial by Anthony Varrell of technical420 provides an update on Namaste Technologies (TSX.V: N) (OTCQB: NXTTF), identifying the company’s story as one believed to be one of the most significant turnarounds in 2020. According to the update, Namaste has been at work to execute its multi-faceted growth strategy, recording several major advancements. Although the shares have been under pressure, technical420 finds the risk-reward profile to be attractive. “Heading into 2020, Namaste is well positioned to capitalize on a number of attractive growth verticals within the Canadian (and global) cannabis industry,” Varrell writes. “At current levels, we believe that it is hard to ignore the valuation and are of the opinion that the market does not associate enough value with the entire operation.”

To view the full article, visit http://cnw.fm/2Yj8E

About Namaste Technologies

Namaste Technologies is the world’s leading online platform for cannabis products, accessories, and responsible education. The company is comprised of a number of wholly owned subsidiaries that could present significant upside and we are favorable on value creation that Namaste could deliver through this portfolio. CannMart represents one of the most important aspects of the Namaste story and the company believes that the market does not fully appreciate the value associated with this opportunity. CannMart provides customers with a diverse selection of hand-picked products from leading Canadian Licensed Producers (LPs). For more information, visit www.NamasteTechnologies.com.

About CanadianCannabisWire

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

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

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

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

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CannabisNewsBreaks – BevCanna Enterprises Inc. (CSE: BEV) (OTC: BVNNF) to Present and Act as Hydration Partner at Lift & Co. Expo

Emerging leader in infused cannabis beverages BevCanna Enterprises (CSE: BEV) (OTC: BVNNF) today announced that its Chief Commercialization Officer Emma Andrews, RHN, NPDP, will be featured at this week’s Lift & Co Cannabis Business Conference and Expo, sharing insights into the infused cannabis beverage category and consumer. The conference is slated to take place at the Vancouver Convention Center from January 9-11, 2020. Andrews will bring her experience in developing and marketing cannabis-infused beverages to the Lift & Co. main stage session, The Future of Social Consumption, where industry leaders will discuss consumption lounges and infused beverages, how close these may be to becoming a reality, how they will comply with regulations, and how they may change the social fabric. “Now that infused products are regulated, and beginning to roll out in Canada, consumers are exploring new ways to participate and explore cannabis culture,” Andrews said in the news release. “BevCanna has conducted significant research into the way Canadians want to enjoy their cannabis, and consuming infused beverages in social settings, to relax and unwind, and even address health concerns are at the top of the list.”

To view the full press release, visit http://cnw.fm/b9pBU

About BevCanna Enterprises Inc.

BevCanna Enterprises Inc. (CSE: BEV) (OTC: BVNNF) develops and manufactures cannabinoid-infused beverages and consumer products for in-house brands and white label clients. With decades of experience creating, branding and distributing iconic brands that have resonated with consumers on a global scale, the team demonstrates an expertise unmatched in the emerging cannabis beverage category. Based in British Columbia, Canada, BevCanna has a 292-acre outdoor cultivation site in the fertile Okanagan Valley and the exclusive rights to a pristine spring water aquifer, as well as a world-class 40,000-square-foot, HACCP certified manufacturing facility, with a current bottling capacity of up to 72M bottles. BevCanna’s vision is to be a global leader in infused innovations. For more information, visit the company’s website at www.BevCanna.com.

About CanadianCannabisWire

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

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

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

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

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CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) CEO and Co-Founder to Present Live at VirtualInvestorConferences.com

Plus Products (CSE: PLUS) (OTCQX: PLPRF), a leading cannabis branded products company in the United States, today announced that its CEO and Co-Founder Jake Heimark will present live at VirtualInvestorConferences.com on January 9, 2020.  Heimark’s presentation is scheduled to take place at 1:30 PM ET on January 9. The live, interactive online event invites investors to ask the company questions in real-time. Investors are encouraged to pre-register (www.VirtualInvestorConferences.com) and run the online system check to expedite participation and receive event updates. An archived webcast will be made available for those unable to join the live event.

To view the full press release, visit http://cnw.fm/Kz1Hd

About PLUS

PLUS is a hemp and cannabis food company focused on using nature to bring balance to consumers’ lives. PLUS’s mission is to make cannabis safe and approachable, beginning with high-quality products that deliver consistent consumer experiences. PLUS is headquartered in San Mateo, California, and has 80 employees. For more information, visit the company’s website at www.PlusProductsInc.com.

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

About CanadianCannabisWire

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

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

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Editor@CanadianCannabisWire.com

CannabisNewsBreaks – Canopy Rivers Inc.’s (TSX: RIV) (OTC: CNPOF) BioLumic Receives Approval to Apply Proprietary UV Light Technology to Medical Cannabis

Canopy Rivers (TSX: RIV) (OTC: CNPOF) portfolio company BioLumic Ltd. has received New Zealand Ministry of Health approval to apply its proprietary ultraviolet (“UV”) light technology to medical cannabis. According to the update, BioLumic’s approach has been successful in increasing yields in certain crops, such as strawberries, by up to 60%. This approval marks the first time the company’s UV light technology will be used on cannabis, which BioLumic hopes will show increased yields and help producers meet the rising demand for medical cannabis and cannabis-derived products. “The partnership between BioLumic and JWC is another sign of strong collaboration in the Canopy Rivers ecosystem,” Canopy Rivers President and CEO Narbé Alexandrian said in the news release. “We expect that BioLumic’s expertise in non-cannabis agriculture technology will help cannabis cultivators like JWC produce high-yield, sustainable strains that meet consumer demands and patient needs.”

To view the full press release, visit http://cnw.fm/96lLp

About Canopy Rivers Inc.

Canopy Rivers is a venture capital firm specializing in cannabis. Its unique investment and operating platform is structured to pursue investment opportunities in the emerging global cannabis sector. Canopy Rivers identifies strategic counterparties seeking financial and/or operating support. Canopy Rivers has developed an investment ecosystem of complementary cannabis operating companies that represent various segments of the value chain across the emerging cannabis sector. As the portfolio continues to develop, constituents will be provided with opportunities to work with Canopy Growth Corporation (TSX: WEED, NYSE: CGC) and collaborate among themselves, which Canopy Rivers believes will maximize value for its shareholders and foster an environment of innovation, synergy and value creation for the entire ecosystem. For more information, visit the company’s website at www.CanopyRivers.com.

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

About CanadianCannabisWire

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

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

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

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

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CannabisNewsBreaks – Grapefruit Boulevard Investments Inc. (IGNG) Reports Positive Time-Release Efficacy Results from Initial THC Patchless Patch Laboratory Testing

Grapefruit Boulevard Investments, a Los Angeles based California corporation and wholly owned subsidiary of Imaging3, Inc. (OTCQB: IGNG), (collectively “Grapefruit”), this morning reported successful results from the initial round of laboratory testing of the time release efficacy of its patented THC Patchless Patch(TM) topical cream. The results showed that the product can deliver a consistent, reliable pre-defined dose of THC via a user’s skin throughout an estimated ten-hour time period. “The results of these tests of Grapefruit’s patented THC Cannabinoid time-release Patchless Patch have demonstrated its efficacy. Grapefruit believes that the consistent and sustained delivery of THC Cannabinoids over a defined period has the potential to change the manner in which chronic long-term pain and other disorders are managed. It also has the potential to provide an alternative to the use of highly addictive opioids for the treatment of chronic pain. Our hope is that this potentially game-changing technology will allow people who suffer from chronic pain and other disorders to lead more active and productive lives. Furthermore, our THC Patchless Patch has obvious applications in the recreational cannabis context for use at events such as concerts and movies as well as transcontinental flights. We are targeting the end of the Second Quarter of 2020 to bring the product to market. We will keep our shareholders and the public apprised of further developments with the THC Patchless Patch as they occur,” Grapefruit CEO Bradley J. Yourist stated in the news release.

To view the full press release, visit http://cnw.fm/3BIrB

About Grapefruit Boulevard Investments Inc.

Grapefruit is a wholly-owned subsidiary of Imaging3, Inc. Grapefruit’s corporate headquarters is in Westwood, Los Angeles, California. Grapefruit holds California permits and licenses to both manufacture and distribute cannabis products. Grapefruit’s extraction laboratory and distribution facilities are located in the industry recognized Coachillin’ Industrial Cultivation and Ancillary Canna-Business Park in Desert Hot Springs, located on the extension of North Canyon Rd., approximately 10 miles north of downtown Palm Springs. Grapefruit obtained its California cannabis licenses in January 2018 and commenced distribution of cannabis products thereafter. Grapefruit’s vision is to become a seed to sale, fully vertically integrated ethical and compliant cannabis Company. To obtain further information on Grapefruit and its operations, please visit its website at www.Grapefruitblvd.com. To learn more about Grapefruit’s Sugar Stoned branded line of cannabis and CBD infused edibles, please visit www.SugarStoned.com.

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

About CannabisNewsWire

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

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

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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

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420 with CNW – 5 Mistakes Commercial Cannabis Producers Should Avoid

Marijuana is a profitable crop that is highly regulated, and growers must avoid the mistakes discussed below when establishing their commercial operations. This will enable them to produce high-quality yields and still adhere to the evolving regulations.

  1. Installing a growing system using equipment from various suppliers.

Setting up your commercial marijuana facility will be difficult if you are ordering the equipment, such as benching, irrigation systems, and lighting from different suppliers. As a grower, you should make sure that your benches are well coordinated with your irrigation system. Similarly, the cooling system should be designed in a way that takes into consideration the lighting details. Commercial farmers should take advantage of the automated growing equipment available on the market because when it is appropriately designed as an integrated system, it provides better traceability and uniform quality of the crop. It also increases crop yields.

  1. Fitting your commercial marijuana facility with systems meant for small scale operations.

The facility and systems needed for small scale farming are different from those required in the industrial production of marijuana. And to ensure that commercial growers maintain consistent quality control in their facilities, they not only have to invest in systems and equipment capable of handling large operations but also ones that are capable of adapting to expansion plans in the near future. Growers should also work with experts who are experienced in designing top-notch marijuana facilities. The experts can also provide consultation services to the growers to ensure long-term growth.

  1. Failing to develop reliable connections with your suppliers.

Before growing marijuana in your commercial facility, you should make sure that the facility is built to code by people who have the expertise and experience in building marijuana facilities. Before choosing the supplier, perform due diligence. Ask for references, and also visit their manufacturing factory and offices to ensure that their products and services are up to par. Their product must be of quality because it is a significant factor in the marijuana sector. Do not take shortcuts because it will only delay your license approval or cultivation of cannabis; therefore, ensure that your supplier will not fail you in any situation.

  1. Failing to automate the growing process.

In order to adhere to the regulations stipulated by health departments and maintain a competitive edge, growers should be consistent in their quality control and compliance in their day to day operations. Their facility should be fitted with integrated growing systems, light levels, timed irrigation systems, specific fertilizing mix, air filtration, cooling, and heating system that can be adjusted automatically depending on the plant’s needs. This makes it easy to monitor and record the details on the environmental computer; thus, any unnecessary changes can be easily identified and corrected.

  1. Postponing urgent orders until the last minute.

Some suppliers say that sometimes, they receive calls from growers who need benches and irrigation systems manufactured and fitted in their commercial facilities because they are being inspected in a few days. Although they have been in a position to meet the urgent orders, it is not advisable to rely on this method. The costs of setting up commercial marijuana facilities are substantial but entirely necessary for passing the inspection; therefore, growers should plan and get set up ahead of the scheduled inspection.

Industry watchers believe that experienced marijuana entities like Neutra Corp. (OTC: NTRR) and Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) know all too well the importance of avoiding the mistakes highlighted in the discussion above.

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

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Editor@CannabisNewsWire.com

CNW420 is part of the InvestorBrandNetwork.

420 with CNW – Virginia Governor Wants Marijuana Decriminalized in the State in 2020

On Friday, Virginia’s Gov. Ralph Northam announced that on top of his agenda for the 2020 General Assembly session is criminal justice reform and marijuana decriminalization. While listing his legislative priorities, the governor featured a decriminalization measure. Northam intends to make low-level marijuana possession punishable by a fine of $50 without additional jail time; however, his proposal does not specify the exact amount of marijuana that falls in this classification.

His proposal also includes a provision seeking for expungement for people previously convicted of marijuana possession.

In a press release, Northam said that residents of Virginia deserve to have access to a criminal justice system that is fair and equitable. He further said that his proposed legislation and the budget measure would help in fighting mass incarceration, increase support for former convicts and make sure that they are given a second chance after serving their time.

The governor further said that the criminal justice reform agenda is a daring move towards a just and an all-encompassing commonwealth. He also said that he is looking forward to working with the General Assembly to pass the legislation into law. In 2017, Northam made marijuana decriminalization the centerpiece for his gubernatorial campaigns.

It is yet to be specified if the governor is urging the legislature to approve a decriminalization bill that is yet-to-be introduced or if he is supporting one that has already been filed because in November of 2019 after the Democrats regained control of both chambers of the General Assembly, the lawmakers pre-filed a measure seeking to make simple marijuana possession punishable by a fine of $50.

Some legislators in Virginia said that decriminalization and expungement would serve as a gateway to broader marijuana legalization. Last month, Attorney General Mark Herring (D) hosted the marijuana summit whose purpose was to provide information on future marijuana legislation. Herring is vying for the position of governor in 2021, and he plans on supporting total marijuana legalization.

In a press conference, the governor said that although Virginia is not ready for recreational marijuana legalization, he noted that decriminalization is a step in the right direction. He further said that even though his criminal justice plan does not feature broader marijuana legalization, there is a filed legislation seeking to legalize the adult-use cannabis market during the 2020 legislative sessions in Virginia.

The state prosecutors are also considering marijuana reforms, and on Thursday, the Fairfax County Commonwealth’s attorney, Steve Descano, announced that his office would not be pursuing simple cannabis possession cases.

During a phone interview with an online publication, Descano said that it is the duty and responsibility of the prosecutors to ensure that justice is served. He also added that he does not plan on participating in passing the decriminalization bill.

On Thursday, Arlington County Commonwealth attorney Parisa Dehghani-Tafti said that her office would not be pursuing cases based on marijuana possession from that moment onwards.

In his reform agenda, Northam is seeking to cease the policy of suspending a driver’s license once he or she is convicted of drug offenses or failure to pay jail fees. Experts think that these proposed actions in Virginia are a welcome development in the eyes of marijuana industry players like Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) and IONIC Brands Corp. (CSE: IONC) (OTC: IONKF) who have for long felt it was unjust to punish people for punishing people for using a product that is now seen as beneficial.

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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HempNewsBreaks – SinglePoint, Inc. (SING) CEO Shares 2019 Recap and Exciting 2020 Vision

SinglePoint (OTCQB: SING) today provided a shareholder update, reviewing accomplishments from 2019 and an exciting vision for 2020. “My belief in SinglePoint is more concrete than ever. As the CEO and a large shareholder, I have personally invested capital into the company to expand our growth and operations. SinglePoint has made tremendous strides in sales revenue and account acquisition which gives me a high level of confidence and excitement for the future,” SinglePoint CEO Greg Lambrecht stated in the update. “We plan to drive our 2020 vision through organic growth in high value, high opportunity markets, scale and grow revenue through synergistic acquisitions, and to invest in and develop exceptional talent within our organization and our subsidiaries. In mid 2019 we acquired Direct Solar which has grown at a greater rate than anticipated, and has developed a scalable business model that is attracting talented industry business professionals to help accelerate its rapid national footprint expansion. In just a few months since May 2019 Direct Solar has expanded into multiple states including Arizona, Texas, New Mexico, Illinois, Florida, Missouri, and South Carolina.”

To view the full press release, visit http://cnw.fm/ud2W4

About SinglePoint, Inc.

Founded in 2011 SinglePoint, Inc (SING) invests in and acquires brands and companies that will benefit from injection of growth capital and the sales and marketing expertise of SinglePoint. The company’s portfolio currently includes solar, Hemp and distribution tobacco products. SinglePoint is working to grow the company to a multi-national brand. For more information, visit the company’s website at www.SinglePoint.com.

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

About HempWireNews

HempWireNews (HWN) is a dedicated information provider focused on (1) aggregating hemp-related news, (2) issuing HempNewsBreaks designed to update investors on the latest developments in the hemp market, (3) enhancing corporate news releases, (4) providing full-service distribution and social media offerings to public and private client-partners and (5) designing and implementing all-inclusive corporate communication solutions. HNW is strategically positioned within the rapidly expanding hemp sector with a team of journalists working to help a growing roster of public and private companies reach a wide audience of investors, consumers and members of the media. We leverage a vast network of more than 5,000 key syndication outlets to deliver unparalleled visibility, recognition and content to the hemp industry. HempWireNews (HWN) is where HEMP news, content and information converge.

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