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 – BevCanna Enterprises Inc. (CSE: BEV) (OTC: BVNNF) (FSE: 7BC) Announces Expansion of Outdoor Cannabis Cultivation Site to Nearly 300 Acres

BevCanna Enterprises (CSE: BEV) (OTC: BVNNF) (FSE: 7BC) today announced that is has increased the size of its outdoor cannabis cultivation site to 292 acres, up from the originally announced 130-acre site. According to the update, the company has partnered with agricultural experts Clearwater CannGrow Ltd. to grow certified organic sun-grown cannabis on the property near Osoyoos, British Columbia, and the expansion will allow BevCanna to develop into one of Canada’s largest outdoor cannabis cultivators. “Interest in our BC sun grown cannabis has been exceptionally strong, and we’re expanding our cultivation and production capabilities to meet the anticipated demand,” BevCanna Chief Strategy Officer John Campbell said in the news release. “The increased capacity will position BevCanna well to become a leader in the production of high-quality, next-generation products, in the lead-up to Canada’s commercialization of such products in 2020.”

To view the full press release, visit http://cnw.fm/HV2Wz

About BevCanna Enterprises Inc.

BevCanna Enterprises Inc. (CSE: BEV) (OTC: BVNNF) (FSE: 7BC) 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. 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

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

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

420 with CNW – Chicago Mayor Wants Marijuana Consumption Allowed in Some Public Places

On Wednesday, Chicago Mayor Lori Lightfoot introduced a proposed ordinance that would allow licensing of marijuana consumption sites that are safe and legal. This is an effort by the mayor’s office to expand the economic opportunities presented by the ever-growing marijuana industry across the city of Chicago by bringing in more entrepreneurs.

Illinois lawmakers approved the bill legalizing recreational marijuana which was later signed into law by the Democratic Governor J.B. Pritzker. Adult-use marijuana will be legal in Chicago as from January 1.

In a public statement, Lightfoot said that the city of Chicago is preparing for legalization ahead of the launch date by working together with the state to make sure that legalization will be implemented in a safe, responsible way and that it offers optimal opportunities for the residents of Chicago as well as businesses. The legalization of adult-use marijuana will provide a chance for more entrepreneurs to participate in the marijuana industry including those who have been affected by the war against drugs. The bill will also present the people of Chicago with safe marijuana consumption sites.

According to the proposal introduced by the Mayor, businesses operating specialty cigar outlets, such as cigar shops or hookah lounges, would be eligible to apply for marijuana consumption site permits. The consumption sites licenses allowing people to use marijuana on the premises would be issued by the Department of Business Affairs and Consumer Protection (BACP). The consumption permits would be granted to businesses deriving at least 80 percent of their proceeds from tobacco-based products.

The BACP Commissioner Rosa Escareno said that entrepreneurs looking to venture in the new business of adult-use marijuana consumption sites have an opportunity to participate through the Chicago consumption licensing program which has a robust regulatory system. Escareno further said that they are excited to be taking the first step in developing regulations that provide entrepreneurs with more economic opportunities while ensuring that the public has safe places where they can use cannabis responsibly.

The specialty tobacco businesses must fulfill several requirements before they can be issued with permits. For example, they must be in a standalone structure that is well ventilated. The companies must also establish a safety plan that is approved by the city, and also educate their staff on safe marijuana consumption. The business owners must also note that businesses located in areas that are excluded from conducting marijuana business, which covers the greatest section of the downtown area and Magnificent Mile, would not be granted licenses.

The businesses authorized for onsite marijuana consumption are not allowed to serve alcohol, and the customers are also not allowed to bring their own. The companies are to be located at a minimum distance of 500 feet from schools and other outlets licensed for marijuana consumption.

The proposed ordinance would make sure that small businesses benefit from the legal marijuana industry, said the executive director of Chicago NORML, Edie Moore.

In the coming year, Lightfoot’s administration is expected to develop a new proposal that would issue onsite consumption licenses to licensed marijuana dispensaries.

Industry watchers believe that it is this type of progressive policy making that many marijuana companies, such as VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) and MCTC Holdings Inc. (OTC: MCTC), would like to see because it is strange tosee that people can buy weed in many jurisdictions but they aren’t allowed to consume it anywhere else apart from within the privacy of their homes.

About CNW420

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

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

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

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

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

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

CNW420 is part of the InvestorBrandNetwork.

420 with CNW – Michigan Retailers Sell Recreational Weed Worth $3M in First Two Weeks

It is the second week of marijuana sales in Michigan, and although the lines are not long, and the sales have reduced, the adult-use marijuana business remains brisk.

Reports from the Marijuana Regulatory Agency in Michigan show that the few numbers of retail marijuana outlets selling recreational marijuana have been able to collect a total of $3.1 million in sales so far.

The businesses located in Ann Arbor were able to collect $1.6 million in sales during the first week of recreational marijuana sales, which took place between December 1-8. During the second week of recreational cannabis sales, which was between Dec. 9 and 15, the shoppers spent approximately $1.4 in weed purchases.

Within the two weeks of sales, the state of Michigan collected a total of $515,051 in taxes, out of which sales tax is 6% while 10% is an excise tax.

According to the appropriation budget, the first $20 million generated in tax within the first two years of recreational marijuana sales is to be used in medical marijuana research. The rest of the funds are to be assigned as follows,

  • 15% to the municipalities, townships, or villages,
  • 15% is to be allotted to counties that have permitted the establishment of recreational weed businesses,
  • 35% to public schools, and
  • 35% to roads and infrastructure.

Out of 1,773 cities, townships and villages in Michigan, 1,400 of them have prohibited any recreational marijuana business in their jurisdictions.

The budget officials in Michigan are estimating that by late 2021 adult-use marijuana may become a $1.5 billion per year industry.

The state of Michigan had issued 16 licenses as of December 17, which is four more than what the Andrew Brisbo committee had projected by the new year. Brisbo is the Marijuana Regulatory Agency Director. However, most of the licensed businesses have not started operating due to delays in acquiring stock required to fill their shelves.

The only business allowed to obtain recreational marijuana businesses licenses till Dec 6, 2021, are those already operating businesses licensed under medical marijuana licensing laws.

The state allowed medical marijuana dispensaries to transfer half of the medical marijuana inventory which is older than 30 days to the recreational market.

Although some were pleased by the MRA move, some have expressed their concerns over the possible shortage of medical marijuana due to the high demand from recreational consumers.

During WKAR’s off the record, the Executive Director of Michigan Cannabis Industry Association Robin Schneider said that the state of Michigan is already experiencing a shortage of medical marijuana and the early launch of recreational sales could exacerbate the situation. He further said that there is a probability of sending patients to the black market due to lack of legal marijuana.

Speaking to MLive.com, several businesses said that they are stocking up their business before opening their doors to avoid running out of stock.

Speaking to MLive.com, the owner of Herbology Cannabis Co. in Wayne County’s River Rouge, Tarek Jawad said that he is uncertain when he will open his doors because the recreational marijuana is not enough to stock the stores. He added that he plans on placing large orders for medical marijuana so that after 30 days, he can transfer it to the recreational side.

Three of the largest licensed marijuana growers also own recreational outlets. This makes it hard for owners like Jawad to obtain recreational products.

The state also issued licenses for a testing laboratory, three recreational cannabis transportation companies, and to an event coordinator.

Experts are certain that cannabis industry actors like Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) and Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) are happy for the people of Michigan who are finally getting to enjoy the benefits, such as jobs, created by the marijuana industry.

About CNW420

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

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

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

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

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

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

CNW420 is part of the InvestorBrandNetwork.

CannabisNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Employs Strategic Three-Pronged Approach to Produce High-Quality Cannabis, Attain Growth

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1), a global diversified portfolio of cannabis companies, utilizes a three-pronged strategy to deliver high-quality cannabis and attain growth. This approach has cautiously steered the company through the often-chaotic cannabis industry (http://cnw.fm/25Pmr). A recent article discussing the company’s strategy reads, “First, establish foundational IP and strong core businesses. Second, create differentiated, consumer-driven products across market segments, and third, expand its consumer-centric approach to international markets. . . . Following the first component of its plan has allowed Supreme to build a strong foundation as it moves forward in a burgeoning industry. Supreme’s impressive leadership team recognizes the strong potential in Canada’s promising market. The number of new cannabis users in the country has doubled year over year, and by 2023, the legal Canadian cannabis market is forecast to reach $6.7 billion.”

To view the full article, visit http://cnw.fm/3Hcr3

About Supreme Cannabis Company Inc.

Supreme Cannabis is a global diversified portfolio of distinct cannabis companies, products and brands. Since 2014, the company has emerged as one of the world’s fastest-growing, premium, plant-driven lifestyle companies by effectively deploying capital with an emphasis on disciplined growth and high-quality products. Supreme Cannabis’ portfolio includes 7ACRES, its wholly owned subsidiary and multi-award-winning brand; Blissco, a wellness cannabis brand and a multilicensed processor and distributor based in British Columbia; Truverra Inc., a global medicinal cannabis brand and licensed cultivator; Cambium Plant Sciences, a plant genetics and cultivation IP company; Medigrow Lesotho, a cannabis oil producer located in Southern Africa; Supreme Heights, an investment platform focused on CBD brands in the United Kingdom and Europe, and a brand partnership and licensing deal with Khalifa Kush Enterprises Canada. Supreme trades as FIRE on the Toronto Stock Exchange (TSX: FIRE), SPRWF on the OTC Exchange in the United States (OTCQX: SPRWF) and 53S1 on the Frankfurt Stock Exchange (FRA: 53S1). Follow the company on Instagram, Twitter, Facebook and YouTube. For more information, visit the company’s website at www.Supreme.ca.

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

About CanadianCannabisWire

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

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

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

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

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

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

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.

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

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

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

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

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

CannabisNewsWire is part of the InvestorBrandNetwork.

CannabisNewsBreaks – 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

About CannabisNewsWire

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

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

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

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

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

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

CannabisNewsWire is part of the InvestorBrandNetwork.

CannabisNewsBreaks – 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.

About CannabisNewsWire

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

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

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

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

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

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

CannabisNewsWire is part of the InvestorBrandNetwork.

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.

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

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

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

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

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

CNW420 is part of the InvestorBrandNetwork.

420 with CNW – 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.

About CNW420

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

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

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

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

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

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

CNW420 is part of the InvestorBrandNetwork.

CannabisNewsBreaks – 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.

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

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

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

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

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