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 – Marijuana Legalization Bill Introduced in Pennsylvania Senate

Lawmakers in Pennsylvania have renewed their efforts for recreational cannabis legalization. The Senate Bill 350 was introduced on October 15 by Senator Daylin Leach and Senator Sharif Street. The purpose of the bill is to allow marijuana home delivery and the expungement of past marijuana criminal charges. Within the next 12 months, the supporters forecast that the bill will generate 500 million dollars in tax revenue.

The legislation also has a policy that allows permits for growing marijuana for personal use as well as the establishment of lounges where people can consume cannabis legally.

Senator Street said that legalizing weed will be the end of the prohibition era. He further said that it is high time Keystone State joined the emerging marijuana economy by legalizing recreational marijuana. Consumption of pot is not a crime when adults use it responsibly, he asserted.

Senator Leach said that the marijuana policy in Pennsylvania is cruel, irrational, and expensive. He also noted that the war on marijuana destroyed the lives of many youths while at the same time wasting millions of taxpayer money.

Senator Leach feels that it is high time the state government stopped arresting young kids and bankrolling violent drug cartels. He also noted that the process of legalizing adult-use marijuana would be challenging, but he is optimistic since the state previously approved medical marijuana.

Senator Leach’s press release outlined several points in his proposal. It stated that people with limited resources in the state would be issued permits that give them little or no barrier to entering the marijuana industry. People with past marijuana convictions would be cleared, those whose charges are pending would be dismissed, and custodial sentences would be reduced to a fine.

In the first fiscal year of marijuana sales, the tax revenue generated, which is estimated to be $500 million, would be allocated to school districts. The spending of the appropriated money would be at the discretion of each school district where they may build more schools, employ more teachers, or provide local tax relief to the locals in the region.

Only people who are 21 years and above are allowed to use marijuana, according to the bill. The proposed law also has provisions regarding the issuance of home delivery permits, companies conducting deliveries on behalf of other companies and dispensaries are permitted to deliver their products using any form of transportation such as cars, bicycles or public transit. And it also allows people to cultivate up to 10 plants for personal use in their homes.

Despite the public support for marijuana legalization, an uphill battle awaits Senate Bill 350 because, in Pennsylvania, the political leadership does not favor marijuana reforms. Past efforts to legalize adult-use marijuana failed due to a lack of bipartisan support.

Industry watchers are convinced that cannabis companies like Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) and Earth Science Tech Inc. (OTCQB: ETST) are hoping that the people of Pennsylvania can finally be allowed to access legal pot.

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 – Green Hygienics Holdings Inc. (GRYN) Employs Efficient Farming Methodology to Address Scalability Challenges

Green Hygienics Holdings (OTCQB: GRYN), an innovative, full-scope, science-driven, premium-hemp cultivation and branding enterprise, recently acquired an 824-acre Potrero Ranch property, furthering its ability to efficiently produce multiple high-quality harvests (http://cnw.fm/J6u3f). An article discussing the company reads, “With 25 years of experience in agricultural science and innovation, Green Hygienics has solved the challenge of scalability through its farming methodology. In today’s market, inefficient companies and those that produce an inferior product will become vulnerable or disappear, adding considerable value to companies like Green Hygienics that efficiently innovate and operate. Securing the 824-acre Potrero Ranch property, which includes abundant water and over 400,000 square feet of outbuildings, will allow GRYN to achieve multiple harvests of high-quality industrial hemp and accelerate its market position. . . . ‘We have been working at the property under a lease agreement for the last three months purchasing equipment and preparing to begin cultivation immediately,” Loudoun stated in a news release. “The combination of the greenhouse space and acreage will create the capability to produce significant revenues for Green Hygienics.’”

To view the full article, visit http://cnw.fm/4ANcK

About Green Hygienics Holdings Inc.

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

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

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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CBDNewsBreaks – LiveWire Ergogenics Inc. (LVVV) Establishes Research Team to Study CBD-Based Treatments for High-Performance Horses

LiveWire Ergogenics (OTC: LVVV), a forward-thinking company specializing in identifying and monetizing current and future trends in the health and wellness industry, has formed a dedicated research team to explore the efficacy of CBD for the treatment of specific ailments in high-performance horses. An article discussing the company reads, “The soon-to-commence research project will explore the potential application of CBD for high-performance horses in the hunter/jumper and dressage sectors. The research will target ‘the use, efficacy, safety and future of CBD’ for treating equine joint inflammation, anxiety, gastronomical disorders and pain as well as supporting general well-being (http://cnw.fm/4BOz3). Its motive is to ‘accelerate the advancement of the medical knowledge in the field, support the continuing effort for further legalization and eventually provide credible and high-quality applications that will benefit the entire equestrian field,’ the company’s news release states.”

To view the full article, visit http://cnw.fm/6i1dE

About LiveWire Ergogenics Inc.

LiveWire Ergogenics Inc. (LVVV) specializes in identifying and monetizing current and future trends in the human and veterinarian 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 cannabis-based products and services in California and the statewide distribution of these products. This includes verification of zero-pesticide products for quality brands via its 7X Pure Cannabis Verification System, and the development, licensing and distribution of legal, high-quality, cannabinoid-based products and services. LiveWire Ergogenics does not sell or distribute products that are in violation of the United States Controlled Substance Act. For more information, visit the company’s website at www.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 CBDWire

CBDWire (CBDW) is a specialized information provider focused on (1) reporting CBD-related news and updates, (2) releasing CBDNewsBreaks crafted to keep investors abreast of the latest and greatest in the CBD market, (3) refining and enhancing corporate press releases, (4) delivering end-to-end distribution and social media services to client-partners and (5) constructing effective corporate communication solutions based on the unique requirements of CBD companies. CBDW is exclusively positioned in the burgeoning CBD sector with a proven team of journalists and researchers working to deliver high quality content to an expansive target audience of investors, consumers and industry news outlets. Our dissemination network of over 5,000 downstream distribution points allows us to deliver unparalleled reach, visibility and recognition to companies operating in both cannabidiol and the wider cannabis space. CBDWire (CBDW) is where CBD news, content and information converge.

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HempNewsBreaks – HempFusion Expands Footprint to Over 500 New Stores Across the US

HempFusion(R), a leading hemp/CBD company in the United States with distribution of its family of brands to over 3,900 retailers across 47 states, on Thursday announced significant expansion of its brick and mortar distribution to over 500 new stores. According to the update, the expanded footprint includes premium retailers such as Sprouts Farmers Market, ShopRite, Heinen’s Grocery Store, Better Health, Harmons Grocery, and over 100 new independent natural retailers in addition to an expanded product offering in the Vitamin Shoppe. “We are incredibly excited to add additional premier retail partners to our existing national distribution footprint in Q3, 2019,” Jason Mitchell, N.D., HempFusion President and co-founder said in the news release. “This will allow more consumers to easily locate and purchase our premium Whole Food Hemp Complex(TM) CBD products from established and trusted brick and mortar locations nationwide.”

To view the full press release, visit http://cnw.fm/UFkd3

About HempFusion

HempFusion is a premium hemp-based cannabidiol (“CBD”) wellness company with distribution of its family of brands to over 3,900 retailers across 47 US states. The company is engaged in the advancement of industrial hemp extract and strives to maintain the highest level of compliance in the industry. HempFusion’s wide variety of 25+ CBD products with a full spectrum of cannabinoids are sourced from quality phytocompounds manufactured under cGMP standards designed to attain efficacy and safety. HempFusion’s primary focus is formulating and marketing premium consumer-specific product lines with various delivery methods, across multiple distribution platforms. The company’s CBD products are based on a proprietary Whole Food Hemp Complex(TM) and are available through independently owned and national chain health food stores, or by visiting www.HempFusion.com.

About HempWireNews

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

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CannabisNewsBreaks – SinglePoint, Inc. (SING) CEO Discusses Plans for Las Vegas MJ Show 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 internationally-syndicated program covers money-focused topics, featuring various companies and in-depth interviews with CEOs and executives that offer insights into operations and future outlooks. MoneyTV is viewed in over 200 million households in more than 75 countries. This week’s program featured SinglePoint CEO Greg Lambrecht as he discussed the company’s plans for the upcoming MJBizCon Show in Las Vegas.

To view the full press release, visit http://cnw.fm/6SwWj

About SinglePoint, Inc.

SinglePoint, Inc. is a technology and investment company with a focus on acquiring companies that will benefit from the injection of growth capital and technology integration. The company portfolio includes mobile payments, ancillary cannabis services and blockchain solutions. Through acquisitions into horizontal markets, SinglePoint is building its portfolio by acquiring an interest in undervalued companies, thereby providing a rich, diversified holding base. Through SingleSeed, the company is providing 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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CannabisNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) to Release Q1 2019 Financial Results on November 14

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1), a global diversified portfolio of distinct cannabis companies, products and brands, announced on Thursday that it will be releasing its first quarter financial results for the three months ended September 30, 2019 on Thursday, November 14, 2019.

To view the full press release, visit http://cnw.fm/gxH5U

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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420 with CNW – Poll Shows Americans Still View Marijuana as Safer Than Alcohol and Electronic Cigarettes

A new poll released on Tuesday by POLITICO and Harvard’s T.H. Chan School of Public Health shows that the majority of Americans believe that alcohol and tobacco are more harmful than marijuana.

Only 1 in every 5 Americans believes marijuana to be harmful to its consumers while 2 in 5 Americans believe alcohol is detrimental to its users. 52% of Americans consider cigarettes to be very dangerous, while 80% say that tobacco is very harmful.

Robert Blendon, the Harvard professor for health policy and political analysis who conducted the poll of 1007 Americans, said that in the past decade, people were being jailed for marijuana, but today, they are saying marijuana is not harmful.

Since the 2012 ballot referendum authorizing recreational marijuana in Colorado and Washington, marijuana legalization is rapidly being adopted by different states across the U.S. Currently there are 33 states in the U.S. that have legalized the use marijuana medically or recreationally. However, marijuana is still categorized as an illegal drug at the federal level.

The poll shows that despite the outbreak of the vaping-related lung illnesses which left 37people dead, people’s perception of marijuana was not affected. THC was present in the vaping products linked with the lung ailments. THC is a compound of cannabis that gives the high effect. According to the survey, some of the vaping products were purchased from the black market, and only a few of the products were purchased through legal channels.

The poll was conducted in October, a month after the outbreak of the vaping related lung illnesses. Blendon said that people have termed vaping as very dangerous, but the same is not true for cannabis.

During the poll, almost half the participants did not know what CBD is. Among the 8% of the adult participants familiar with the product, 5% said that the product is very harmful. Most of those familiar with CBD said that the federal government should not interfere with the product. And half of those said that the Food and Drug Administration should oversee the safety of products infused with CBD.

Fifty-five percent of those familiar with CBD said they would buy CBD over the counter regardless of whether those products passed or failed clinical trials. And, 3 out of 5 Americans said that they would still use their favorite products, even after the FDA confirms that it does not fulfill its intended purpose.

Blendon said that people do not perceive CBD as harmful; so, the FDA regulations of this cannabinoid should not be stringent.

Federal legalization of marijuana is supported by 67% of the Democrats, 69% of the independents, and 45% of the Republicans, which translates to 62 percent of all Americans. This is a marked increase from 44% in 2009, said Blendon.

Analysts believe that it is opinion poll findings like these which make marijuana companies, such as LiveWire Ergogenics Inc. (OTC: LVVV) and VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF), to wonder why the federal government is so out of touch with the sentiments of the citizens.

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 – UK Parliamentary Committee Calls for Drug Decriminalization

A United Kingdom parliamentary Committee is calling for the decriminalization of drug possession. It is also requesting the government to establish places where people can smoke marijuana as this will go a long way in preventing death from drug overdoses.

On Monday, the Scottish Affairs Committee concluded that instead of the UK government viewing drug use as a criminal justice challenge, they should address it as a public health issue. This is after they consulted with health professionals, government agencies and scholars, as well as visiting other countries such as Portugal, whose drug policy reforms are advanced.

In a press release, the chair of the Scottish Affairs Committee (SAC), MP Pete Wishart, said that while conducting the inquiries, the panel heard devastating tales of how drug use is causing pain and suffering to the citizens. The people further observed that if any other illness were causing the death other than drugs, the government would have termed it as a public health issue and taken immediate action to minimize the incidences.

Wishart said that criminal justice has failed in curbing drug use. According to the SAC, the UK government should transfer the responsibility of developing drug policy from the Home Office to the Department for Health and Social Care.

Decriminalization of drugs is a move to try and solve the issue of drug use by reducing the stigma surrounding drug use and addiction and at the same time, encouraging people to go to rehab.

Last month, the Health and Social Care Committee said that drugs should not be categorized as a criminal justice matter. The panel further noted that the government should set up safe consumption sites and access to the anti-overdose medication, naloxone, should be extended. This makes the UK Scottish Affairs Committee the second in supporting drug decriminalization.

The establishment of safe consumption sites, for instance, like the one in Glasgow, would help in reducing the number of deaths caused by drug overdoses. They can also act a means through which the users can seek further help by, for instance, identifying the reason why they are using drugs. Safe consumption sites could help in fighting the drug crisis in Scotland, said the panel.

The government has been ignoring evidence of the importance of improving the drug policy. However, to reduce drug use and loss of life, the government must listen to the advice of the experts, starting with the committee’s report.

Drug decriminalization is gaining support because last month, the ruling party in Scotland voiced its support for the change in policy.

A report urging the government to work together with the provinces, municipalities, and law enforcement agencies to decriminalize drugs was released by the House of Commons Committee on Health.

It is believed that cannabis industry actors like Earth Science Tech Inc. (OTCQB: ETST) and Dama Financial see this growing interest in decriminalizing marijuana as the first steps towards realizing that the substance was unjustifiably demonized in the past.

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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CannabisNewsBreaks – Stem Holdings, Inc. (CSE: STEM) (OTCQX: STMH) Enters Nevada Market through Cannabis Product Launch

Stem Holdings (CSE: STEM) (OTCQX: STMH), a vertically integrated cannabis and hemp company with state-of-the-art cultivation, processing, extraction, retail, and distribution operations, recently launched and completed the initial shipments of two of its award-winning cultivars in Nevada dispensaries under its Travis x James cannabis and Cannavore edibles brands. The company intends to introduce Cannavore’s Salted Caramels, Double Chocolate Chip Cookies and Classic Chocolate Chip Cookies in conjunction with its expansion into the Nevada market. “Stem Holdings is proud to introduce Travis x James and Cannavore brands to Nevada, as we know residents and visitors alike will be drawn to our award-winning genetics and cultivars,” Stem Holdings CEO Adam Berk stated in the news release. “With more than 44 million visitors each year, the Las Vegas market provides an ideal opportunity to introduce our leading cannabis products to consumers both locally and across the globe, and our entrance into this market is indicative of our company’s strategic approach to growth.”

To view the full press release, visit http://cnw.fm/ZekX0

About Stem Holdings, Inc.

Stem Holdings is a leading cannabis and hemp company in the U.S. with proprietary capabilities in sustainable cultivation, processing, extraction, and R&D, as well as retail and distribution operations aligned with state-by-state regulations. Stem’s award-winning brands are the foundation of the company’s rapid expansion into current and new segments and markets, with exceptional and disruptive brands and products that benefit well-being. Stem’s expertise and scale will drive growth domestically and internationally, building value for shareholders. For more information, visit the company’s website at www.StemHoldings.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.

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CannabisNewsBreaks – Australis Capital Inc. (AUSAF) CEO Discusses Cocoon Technology Platform on The Stock Day Podcast

Australis Capital Inc. (OTCQX: AUSAF), a company that operates and builds transformative, differentiated cannabis companies in and serving the cannabis market predominantly in the United States, was featured on The Stock Day Podcast with host Everett Jolly. According to the update, Australis Capital CEO Scott Dowty discussed the recent launch of Cocoon Technology, a self-service fulfillment platform designed for dispensaries and retailers. Dowty shared that the platform will help dispensaries and retailers to reduce operating costs and streamline services while improving overall efficiency for  staff members and customers. “I started building Cocoon Technology before I started working with Australis,” Dowty said in the podcast, adding that the platform will allow patrons to purchase products privately and conveniently. “This is a kiosk environment where we have our loyalty program integrated.”

To listen to the full interview, visit http://cnw.fm/nhwK8

To view the full press release, visit http://cnw.fm/b2SLt

About Australis Capital Inc.

AUSA operates and builds transformative, differentiated cannabis companies in and serving the cannabis market predominantly in the United States, a highly-regulated, fragmented, and rapidly expanding industry. AUSA adheres to stringent evaluation and operating criteria focusing on high-quality opportunities while maintaining a steadfast commitment to governance and community. AUSA’s Board and management team have material experience with, and knowledge of, the cannabis space in the U.S., extensive backgrounds in highly-regulated industries and regulatory compliance. AUSA operating and portfolio assets include Rthm Technologies Inc., Body and Mind Inc., Quality Green Inc., Folium Biosciences, Wagner Dimas, Mr. Natural Inc., Green Therapeutics, LLC and Cocoon Technology LLC. For more information, visit the company’s website at www.AUSA-Corp.com.

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