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 – SinglePoint, Inc. (SING) CEO Discusses Substantially Increased Revenues and Profits on MoneyTV with Donald Baillargeon

Technology and investment company SinglePoint (OTCQB: SING) was featured on this week’s episode of MoneyTV with Donald Baillargeon. The program is syndicated internationally and covers money-focused topics, featuring various companies and in-depth interviews with CEOs and executives that offer insights into operations and future outlooks. MoneyTV is viewed in over 200 million households in more than 75 countries. This week’s program featured SinglePoint CEO Greg Lambrecht as he discussed substantially increased revenues and profits. “Our revenue is up 176%,” Lambrecht said in the show, comparing the substantial growth to the same period last year. “The gross profit is up 50% compared to 20% from Q3 2018.”

To view the full press release, visit http://cnw.fm/w7yQ4

About SinglePoint Inc.

SinglePoint is a technology and acquisition company with a focus on acquiring companies that will benefit from management, capital and technology integration. The portfolio includes mobile payments, industrial hemp and renewable energy solutions. Through acquisitions into horizontal markets, the company is building its portfolio by acquiring an interest in undervalued companies, thereby providing a rich, diversified holding base. Through SingleSeed, SinglePoint provides products and services to the cannabis industry. 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 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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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 – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Announces Q1 2020 Results, $90 Million Credit Facility led by Bank of Montreal

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) on Thursday announced the release of its financial and operating results for the first quarter ended September 30, 2019. In addition, the company announced its entry into a credit agreement with Bank of Montreal (“BMO”) as Lead Arranger and Agent on behalf of a group of lenders for $90 million of senior secured credit facilities consisting of a term loan of $70 million and a revolving credit facility of $20 million. “In the first quarter of fiscal 2020, we operated through challenging market conditions while integrating new businesses and product planning for the second half of the year. Overall, our financial results reflect the inherent difficulties of operating in a new regulated industry and the transitionary period we are in as we evolve from a predominantly wholesale business to a leading cannabis CPG company in Canada. Despite these challenges, in the quarter we improved production operations to generate industry-leading margins of 62% and made the strategic decisions necessary to position our businesses for meaningful revenue generation from flower, flower convenience products and select derivative products in the remainder of fiscal 2020,” Supreme Cannabis CEO Navdeep Dhaliwal said in the news release. “The closing of up to $90 million in credit facilities from tier one lenders is a significant achievement that positions the company to execute on our strategy and prudently grow the business in fiscal 2020 and beyond.”

To view the full press release, visit http://cnw.fm/D6dHj

About Supreme Cannabis Company

The Supreme Cannabis Company, Inc., 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 multi-licensed 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, an cannabis oil producer located in southern Africa; Supreme Heights, an investment platform focused on CBD brands in the UK 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.

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CannabisNewsBreaks – VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) Releases Q3 2019 Financial and Operating Results

VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF), an Ontario-based cannabis company recognized for its premium products and services, on Thursday released its third quarter 2019 financial and operating results. According to the update, VIVO’s net revenue increased to $6.3 million during Q3 2019, which represents a 19% increase relative to the same period last year. The increase reflects the ramp-up of the company’s licensed capacity, which is expected to generate further revenue growth in Q4 2019. “Our focus for the first half of the year was to satisfy the needs of the evolving adult-use market, provide consistent supply of quality products to medical patients, and execute our plans for cannabis 2.0,” VIVO Chief Executive Officer Barry Fishman said in the news release. “We continue to execute against our four strategic priorities and are sharply focused on accelerating our path to profitability.”

To view the full press release, visit http://cnw.fm/28H7f

About VIVO Cannabis(TM)

VIVO, based in Napanee, Ontario, is recognized for trusted, premium cannabis products and services. It holds production and sales licenses from Health Canada and operates world-class indoor cultivation facilities with proprietary plant-growing technology at its Canna Farms facility in Hope, B.C., and at its Vanluven facility in Napanee, Ontario. VIVO has a collection of premium brands targeting unique customer segments, including Beacon Medical(TM), Fireside(TM), Canna Farms(TM) and Lumina(TM). The company is significantly expanding its production capacity and distribution channels; growing its domestic medical cannabis platform, including Harvest Medicine, its patient-centric, highly scalable network of specialty medical cannabis clinics and services; promoting production and cultivation innovation and pursuing partnership and product development opportunities; and actively focusing on growth in select international markets, including Germany and Australia. VIVO has a healthy balance sheet and is well-positioned to accelerate its growth in Canada and internationally. For more information, visit the company’s website at www.VivoCannabis.com.

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

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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420 with CNW – Bill Filed in Illinois to Give Marijuana Industry Greater Access to Banking Services

Last week, an Illinois lawmaker filed a bill that would increase access to banking services for marijuana businesses. The number of financial institutions accepting to transact with marijuana-related businesses is increasing; however, the majority are still wary of doing business with cannabis businesses while cannabis remains federally illegal.

Now new legislation that would create a licensing process for banks and credit unions has been introduced by Democratic Representative Kambium Buckner. The bill would allow financial institutions to accept and issue special purpose checks for cannabis businesses.

The new legislation coincides perfectly with the comprehensive marijuana legalization bill, signed by the Illinois governor, which is set to take effect on January 1, 2020.

Although the legislation would have no effect on federal marijuana policy, it would help mitigate the risks that are faced by marijuana businesses operating on a cash-only basis by allowing licensed financial institutions to accept alternative methods of payments.

The new legislation assigns the responsibility of issuing the licenses to the Cannabis Banking and Credit Union Advisory Board.

The provisions of the bill include providing a safe and fast way to pay state and local fees and taxes, facilitating the payment of rent associated with marijuana business account holders as well as issuance of special purpose checks. The board would also have to invest in the state’s economy legally and reduce the burden of collecting and managing large sums of money from the local government.

Individuals or entities that have received limited marijuana charters or credit unions are expected to follow the Federal Bank Secrecy Act. They are also required to comply with the reporting guidelines for the Financial Crimes Enforcement Network.

The special purpose checks issued by the financial institutions can only be issued for the specific tasks as stipulated in the legislation. For example, paying off local and state taxes, rent, and issuing of bonds or warranties would only be allowed through these checks.

Marijuana limited charter banks and credit unions can form a network by entering into a contract. But, this would not prevent them from providing financial services to other businesses other than cannabis businesses.

The introduction of the new legislation finds Congress deep in the bipartisan legislation debates, which are meant to protect banks from being penalized by the federal regulators for transacting with marijuana businesses across the legal states. The SAFE Banking Act, which was approved by the House in September, is expected to secure Senate Banking Committee approval before the end of 2019.

In an interview with an online industry publication last week, the panel chairman, Senator Mike Crapo said that he is in support of holding a committee vote in the near future. But, he is suspicious of the House impeachment proceedings that could delay the marijuana banking vote.

Experts are of the view that cannabis businesses like ChineseInvestors.com (OTCQB: CIIX) and Organigram Holdings Inc. (TSX: OGI) (NASDAQ: OGI) may be hoping that this Illinois bill is enacted so that cannabis businesses can access some banking services.

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 – Why Looking at Indica or Sativa Categorizations Isn’t the Best Way to Select Cannabis Products

Once in a while at your local dispensary, you will hear clients referring to indica or sativa when choosing the marijuana products they want to purchase. These terms are mostly used to describe the characteristics and effects of cannabis buds. Products such as vapes or edibles also lay claim to these terms.

Indica-dominant strains are chill, and sativa strains are energetic. Hybrid strains represent a balance between indica and sativa. The question on people’s minds is, is the classification of the marijuana strains accurate in predicting a person’s experience after using marijuana?

According to Daniel Simone Brand, it is not always accurate classifying weed with people’s experiences. Discussed below is the reason why indica, sativa, and hybrid classification is not reliable and what is replacing them.

  1. Origin of Indica and Sativa

Back in the 1700s, the French biologist Jean Baptiste Lamarck classified weed into cannabis sativa and cannabis indica. According to Lamarck, a cannabis sativa plant was tall with light-colored, pointy shaped leaves while the cannabis indica plant was short with broader, dark-colored leaves.

In those centuries, there were no labs for in-depth testing, but the THC levels were much lower those days than today, and the terpene content could not be determined.

In an interview with HelloMD, Dr. Patricia Frye said that the 18th-century marijuana classification was based on the outward appearance of the crop, not on its genes or effects on the person using. Therefore labeling a plant indica or sativa does not correlate with their impact today.

  1. Cannabinoid Compounds of Cannabis

What matters in a marijuana strain is the level of CBD, THC, and the ratios between them. THC is the psychoactive compound of marijuana responsible for giving a high effect. It can be used medically to treat cancer, chronic pain, and insomnia. CBD is the non-psychoactive compound of cannabis. It can be used to manage various illnesses, such as seizures, anxiety, and inflammation. Recreational consumers can use both THC and CBD products in varying ratios, depending on what they want to achieve.

According to Dr. Frye, consumers should be careful not to overdose on marijuana as it can result in worse symptoms such as paranoia and panic attacks.

Marijuana users are also interested in other cannabinoids such as THCV, CBG, and CBN because of their healing effects. Basing one’s choice on indica or sativa classifications is therefore inadequate.

  1. Terpene Composition

Terpenes influence the taste and the aroma of a strain. The most common types of terpenes found in weed are Caryophyllene, myrcene, limonene, linalool, Pinene, and terpinolene. Each of them has unique characteristics.

According to Dr. Frye, strains containing Myrcene and linalool are best for inducing sleep; limonene, and caryophyllene are suitable for pain relief, while asthmatic patients can use pinene for bronchodilation and anti-inflammatory effects.

According to Alec Dixon, the co-founder, and director of client relations at SC Labs, consumers should be trained to develop their nose to identify potent strains instead of relying on a marijuana strain’s name. He adds that due to the advancements in the cannabis sector, consumers can now rely on researched data instead of hearsay.

Such information may explain why cannabis companies like Cannabis Strategic Ventures Inc. (OTCQB: NUGS) and Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) probably insist that marijuana dispensaries have a budtender to explain the attributes of each product before customers or patients buy it.

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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CBDNewsBreaks – Eagle Labs Announces Launch of impirica CBD Brand

Eagle Labs Inc. on Wednesday announced the launch of impirica (www.impirica.co), a new cannabidiol (“CBD”) brand intended to eliminate consumer hesitancy and increase confidence of those interested in trying CBD products. According to the update, Eagle Labs has taken numerous steps to differentiate impirica from other CBD products in the exciting and highly competitive market. “The impirica brand is strategically designed and looks different than most CBD brands — the brand name itself connotes testing and trust, and you won’t find a hemp leaf anywhere on the packaging,” Eagle Labs Chief Commercial Officer Michael Law said in the news release. “In addition, truth and transparency are of the utmost importance, which is why every product we sell has a QR code on the label that takes you directly to the product testing results.”

To view the full press release, visit http://cnw.fm/7oiJx

About Eagle Labs Inc.

Eagle Labs manufactures the highest quality and most rigorously tested nutritional supplements and skin care products in the USA. The company provides complete, flexible formulating and manufacturing services for private label lines, specializing in working with businesses who are interested in developing high-quality products in smaller quantities.  In addition, Eagle Labs has its own line of cannabidiol (“CBD”) products under its impirica brand, which includes tinctures, capsules, soft gels, topical skin creams, a roll-on, and a transdermal patch all tested by multiple independent labs to ensure consumer safety. For more information, visit the company’s website at www.EagleLabsInc.com.

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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CannabisNewsBreaks – Surna Inc. (SRNA) Reports Revenue of $5.5 Million in Q3 2019, Second Straight Quarter of Record Revenue and Profits

Surna (OTCQB: SRNA) today released its operating and financial results for the three and nine months ended September 30, 2019. The company announced record-setting results in Q3 2019, including revenue of $5.5 million, an increase of 66% compared to the same quarter last year and growth of 31% compared to Q2 2019, Surna’s previous record high. “We are extremely pleased with our second straight quarter of record revenue and profits,” Surna CEO Tony McDonald said in the news release. “We continue to focus on our two key financial metrics: revenue growth and profitability. We also improved our cash position significantly—with a quarter-end cash balance of $2.0 million—and strong operating cash flows year-to-date. We believe the numbers speak for themselves.”

To view the full press release, visit http://cnw.fm/KE24r

About Surna Inc.

Surna Inc. is a Boulder, Colorado-based company that designs, engineers and manufactures environmental control and air sanitation systems for commercial, state- and provincial-regulated indoor cannabis cultivation facilities in the U.S. and Canada. Its engineering and technical team provides energy and water efficient solutions that allow growers to meet the unique demands of a cannabis cultivation environment through precise temperature, humidity, and process controls and to satisfy the evolving code and regulatory requirements being imposed at the state, provincial and local levels. Surna has been involved in consulting, equipment sales and/or full-scale design for over 800 grow facilities since 2006, making it a trusted resource for indoor environmental design and control management for the cannabis industry. For more information, visit the company’s website at www.Surna.com.

About CannabisNewsWire

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

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CannabisNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) Reports Q2 Fiscal Year 2020 Financial Results, Provides Corporate Update

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, this morning released its financial results for the three and six months ended September 30, 2019. The company’s unaudited condensed interim consolidated financial statements for Q2 2020, as well as its management’s discussion and analysis (“MD&A”) for Q2 2020, are available under its SEDAR profile and the company’s website. “Headlined by our graduation to the TSX, our business matured during the second quarter as we launched our Strategic Advisory Board and continued to work closely with our portfolio companies as they achieved new milestones,” Canopy Rivers president and CEO Narbé Alexandrian said in the news release. “There were numerous achievements for our portfolio companies this quarter. Several of these companies received licences and amendments from Health Canada for the sale of cannabis oils, while others made key acquisitions, launched their Canadian business, or brokered agreements with companies both inside and outside of the Canopy Rivers ecosystem. As we move forward, we plan to continue to develop a robust ecosystem of mutually beneficial cannabis companies intended to drive the industry forward and lay down the foundation for long-term success.”

To view the full press release, visit http://cnw.fm/7WHCs

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.

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CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Enters Financing Arrangements for up to $103 Million

The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a leading producer of premium certified organic cannabis, today announced its entry into signed arrangements for up to $103 million in funding. According to the update, the financing package consists of three elements: a definitive agreement for a sale-leaseback of the Ancaster Energy Centre; a construction mortgage loan term sheet; and a convertible equity note term sheet. “Our ability to raise capital, despite recent headwinds affecting the entire sector, is a clear show of confidence from our financial partners,” TGODF CEO Brian Athaide said in the news release. “It is reflective of the value of our significant assets, the trust investors are putting into TGODF’s strong corporate governance, transparency and accountability, and the opportunity for the company’s unique positioning to quickly capture and grow the organic segment.”

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

About The Green Organic Dutchman Holdings Ltd.

The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (US-OTC: TGODF) is a premium, global, organic-cannabis company focused on the health and wellness market. Its certified-organic cannabis is grown in living soil, as nature intended. The company is committed to cultivating a better tomorrow by producing its products responsibly, with less waste and impact on the environment. Its two Canadian facilities are built to LEED certification standards and its products are sold in recyclable packaging. In Canada, TGOD plans to expand its product portfolio by launching a series of next-generation cannabis products such as organic teas, infusers and vapes. Through its European subsidiary, HemPoland, the company also distributes premium hemp CBD oil in Europe. By leveraging science and technology, TGOD harnesses the power of nature from seed to sale. For more information, visit the company’s website at www.TGOD.ca.

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

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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420 with CNW – What You Need to Know to Grow Marijuana in a Greenhouse

Growers considering to enter into marijuana production are presented with several possibilities of where to grow. The options include indoors, outdoors, or greenhouses, which is a combination of indoor and outdoor.

There is an increase in popularity for greenhouse farming among marijuana growers. The efficient means of production has forced many cultivators to switch to greenhouse farming of marijuana. Greenhouses offer farmers the ability to control and protect their crops. It is also cost-saving. Besides, it provides the plants with the natural light of growing outdoors.

Marijuana produces high quality and quantity yields if efficient and sophisticated systems of cultivation are in place. Farmers need to consider several factors when planning a commercial marijuana operation in a greenhouse. These include the structure, roofing, and the equipment, which are discussed below.

  1. The Structure Of The Greenhouse

The structure of your greenhouse is the most critical decision you will have to make when choosing a greenhouse for marijuana production. The gutter-connected greenhouse is a versatile option suitable for any grower, especially marijuana growers. Gutter-connected greenhouses are well ventilated, and it can be connected to other standalone greenhouses. They are economical for growers because they are designed to make maximum use of the available farming space. The ability to combine several individual greenhouses makes it easy to integrate service buildings such as mixing areas for fertilization, conditioning, and packaging, as well as the offices and employee lounges.

Another famous greenhouse structure amongst cannabis growers is the ground-to-ground greenhouse. It does not require as much initial investment as the gutter-connected greenhouse. They have a gothic shape that ensures the crops are exposed to a bright environment, thus promoting the uniform growth of plants. They also have a well-ventilated system with a stable climate.

You will have to establish the number of growing zones and square footage you want before choosing your structure. The method you are using to plant your marijuana, such as on the ground, double benches will determine how tall your plants will grow. Your greenhouse structure should be high enough to accommodate your crops.

  1. Your Greenhouse Roofing

When it comes to choosing the roof for your greenhouse, you are presented with several options such as ETFE film, acrylic, polyethylene film, or glass. Apart from the unique characteristics of each option, they all provide excellent conditions for the optimal growth of the crop and access to light and UV rays. Higher UV levels help in increasing the THC levels in your plants.

  1. Equipment for the Greenhouse

Choosing the right material for your greenhouse is as essential as selecting the structure and roofing. When selecting equipment, go for a company that has a reputation for creating the ideal conditions for quality yields. When setting up your greenhouse for operations, you will need to have equipment for heating, cooling, supplemental lighting, irrigation, light deprivation, ventilation, and pest control.

It is essential to consult a seasoned professional if you want great products and services for your greenhouse operation. Industry experts believe that established cannabis companies like Green Hygienics Holdings Inc. (OTCQB: GRYN) and IONIC Brands Corp. (CSE: IONC) (OTC: IONKF) can point interested growers in the right direction so that they avoid making costly mistakes.

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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