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

CBDNewsBreaks – Lexaria Bioscience Corp.’s (CSE: LXX) (OTCQX: LXRP) Human CBD Study Results Published in Peer Reviewed Clinical Journal

Global innovator in drug delivery platforms Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) today announced the publication of final study results of the 2018 human clinical study evaluating CBD delivery and effectiveness using its patented DehydraTECH(TM) powered TurboCBD(TM); capsules. According to the update results were published in the peer reviewed medical journal, Advances in Therapy, which focuses on clinical medicine and pharmaceutical research and has been published continually since 1984. Lexaria reported several key findings highlighted in the publication, including but not limited to: CBD in-plasma levels with the 90mg dose of TurboCBD were significantly higher than with the generic 90 mg dose at both 90 and 120 minutes; and only the 90 mg dose of TurboCBD was elevated (i.e., greater than the placebo) at 30 minutes and remained elevated at 4 hours.

To view the full press releases, visit http://cnw.fm/oKfH6

About Lexaria Bioscience Corp.

Lexaria Bioscience Corp. is a global innovator in drug delivery platforms. Its patented DehydraTECH(TM) 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 bio-absorption; reduces time of onset; and masks unwanted tastes for orally administered bioactive molecules including cannabinoids, vitamins, non-steroidal 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; and 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/LXRP

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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420 with CNW – Mexican Senate to Start Debating Cannabis Legalization This Week

The Senate in Mexico is set to start debating the legalization of marijuana this week, according to information from the leader of the Morena Party.

Different Senate committees will consider the different proposals before them before a bill is put together, possibly by the end of October.

Jesusa Rodriguez Martinez, a Senator belonging to the Morena Party, revealed that there are thirteen legalization proposals before the upper chamber of the Mexico legislature. These proposals will all be discussed during open committee sessions.

During those sessions, members of the public and other stakeholders will be invited to share their views on those proposals.

Early this year, the Supreme Court of Mexico made a landmark ruling that it was unconstitutional for the government to prohibit the recreational use of marijuana by adults. That latest ruling was the fifth such ruling, and under Mexican law, once the Supreme Court makes five similar rulings on a matter, then all other courts are obliged to rule in the same way if a similar matter is brought before them.

It should be remembered that the Supreme Court also gave the government a deadline within which the appropriate law should be drafted and passed. The clock is ticking on that deadline so the lawmakers have to act fast to avoid missing the court-imposed deadline.

During a summit held at the Senate to kick start discussions on marijuana legalization, a former U.S. narcotics official, Gil Kerlikowske, addressed the summit. He urged the lawmakers to pass what he called “robust regulation” to keep minors from accessing recreational cannabis.

He referred to research that suggests that marijuana can be harmful to the developing brains of young people. Strict regulation is required to prevent such harm, he argued.

He also added that there should be strict rules governing the production, packaging and marketing of recreational marijuana once it becomes legal. Kerlikowske also recommended that the country taxes recreational marijuana and the tax revenue should be directed towards marijuana law enforcement efforts, drug prevention and rehabilitation of those suffering from drug use disorders.

In an indirect criticism of the U.S. states that have legalized recreational marijuana, Kerlikowske said that they had all failed to stamp out the black market and yet eliminating the black market is vital to controlling recreational marijuana in any jurisdiction.

It remains to be seen what form the Mexican legalization law will take. Analysts think industry actors like Therma Bright Inc. (TSX.V: THRM) (OTC: THRBF) and TransCanna Holdings Inc. (CSE: TCAN) (FRA: TH8) are confident that the Mexicans have done their research and will pass a law that is good for all stakeholders, such as law enforcement and consumers.

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 – Congress to Vote on Marijuana Banking Bill This Month

A bipartisan bill that was drafted to protect the banks that accept marijuana businesses as clients will be put before the whole House for a vote this month, according to the office of the Majority Leader.

This decision was announced during a closed-door meeting of the Democratic Party lawmakers held on Thursday. The exact date hasn’t been agreed upon, but it will be this month.

Some lawmakers who attended that closed-door meeting revealed that there was a suggestion that the bill be voted upon after suspending the rules of procedure. If this were to happen, at least two-thirds of the lawmakers have to vote in favor of the bill if it is to pass.

The SAFE Banking Act currently has 206 cosponsors, which means that the advocates of this bill still have some work to convince more members to come on board so that the option of voting under suspended rules can result in success.

The suspension process also doesn’t allow lawmakers to make any changes to the law being considered, and this could be a potential flashpoint since it is possible that some legislators want to include other provisions, such as protecting banks that do business with hemp companies, before the bill is passed.

It isn’t entirely far-fetched to consider the possibility that a completely new bill may be tabled for a vote. This option is likely in case the lawmakers talked to those who are opposed to the SAFE Banking Act and new terms were agreed upon and included in the new version. This could explain why the idea of voting under suspended rules arises.

The SAFE Banking Act had been expected to receive a floor vote before the House went on recess in August, but this didn’t happen.

Meanwhile, the Senate Banking Committee is also getting set to vote on a marijuana banking bill. No date has been set, but committee chair Mike Crapo (R-ID) said on Thursday that a panel is getting the bill ready.

This announcement may have forced the hand of the Democrats in Congress since they have been unwilling to let the Republicans in Senate advance the marijuana law before the Democrats do anything along the same lines.

The Democrats have positioned themselves as the champions of marijuana law reform, so it is crucial, at least for perception purposes, for the bill in Congress to be voted upon before the Republican-dominated Senate considers a similar bill.

Regardless of the motives behind the timing of the House vote, analysts believe different members of the marijuana industry, such as The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) and The Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTCQX: SPRWF), will welcome this crucial legislation since it will make it easier for the industry to thrive.

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)

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Benzinga Announces Initial Lineup For Cannabis Capital Conference in Chicago: Charlie Bachtell, Axel Bernabe, Hadley Ford Among Speakers

Benzinga, a leading financial media outlet, is announcing the first round of speakers for the fifth iteration of the Cannabis Capital Conference in Chicago, Oct. 22-23.

Following the historical format of the renowned conference, day one of the event brings top cannabis executives, multistate operators, leading investors, pioneers in the pharmaceutical space and more in front of attendees. Topics will touch on extremely relevant advancements in Chicago, following the imminent regulation, as well as news on the U.S. market and beyond.

Exclusive keynote speakers include Cresco Labs CEO Charlie Bachtell and New Frontier Data COO Gary Allen. Intimate fireside chats will cover topics surrounding the developments of multi-state operators, listing on different markets, brand expansion and more.

Jessica Billingsley, CEO of Akerna will speak with Jay Heller, Head of Capital Markets of NASDAQ to discuss going public, performing on the market and more. To deep-dive into the Colorado market, Benzinga will present Dave Martyn, President of Starbuds and Andy Williams, CEO and co-founder of Medicine Man to discuss opportunities and growth.

Additionally, Axel Bernabe, the Assistant Counsel to Governor Andrew Cuomo, will educate about the development and implementation of all legal and policy initiatives related to medical, hemp, and adult-use cannabis for New York.

Other notable panels include a discussion on brand distribution from some of the most important companies in the industry, an MSO panel, an inside look into the science behind cannabis extraction and an overview of cannabis consolidation.

Contact Hannah Genig at 734-752-9271 or hannahgenig@benzinga.com for interviews, photos, press credentials or any questions regarding media coverage.

About the Conference

The Benzinga Cannabis Capital Conference is the premier gathering of cannabis entrepreneurs and investors in North America. No other conference offers the level of access and seamlessness of interaction between entrepreneurs building future billion-dollar cannabis enterprises and the investors whose capital will make that happen.

These elite events offer entrepreneurs and investors the once-in-a-lifetime opportunity to network, make deals and learn from influencers, policymakers and trailblazers. Benzinga is the go-to source for investors who need the latest news in the cannabis sector, and frequently breaks exclusive coverage on celebrity cannabis entrepreneurs and commentary from leading political and business figures.

Tickets for the event are on-sale and going fast. Entrepreneurs and those interested in investing in cannabis can purchase tickets here.

Grow Up Conference & Expo Announces 2019 Awards Gala Winners

Last week, Grow Up Conference and Expo celebrated the best in cannabis cultivation, science and manufacturing at the first ever Grow Up Awards Gala, held at the Greg Frewin Theatre in Niagara Falls, Ontario.

“Last night was a true testament to the tireless work of the people who have helped push our industry forward,” said Randy Rowe, president of Grow Up. “The Grow Up Awards Gala shone a light on the great work happening in the cannabis industry in Canada and around the world.”

Organizers also announced the first inductee into the Grower Hall of Fame — Ed Rosenthal, the “Guru of Ganja” at the gala. Rosenthal was recognized for his decades of work as a teacher and mentor in cannabis cultivation. His book The Marijuana Growers Handbook is referred to as the industry bible.

In addition, Agnes Kwasniewska of HEXO won the highly prestigious Master Grower of the Year award. Kwasniewska is one of three female master growers in the world.

The winners of the 2019 Inaugural Grow Up Awards Gala are:

  • Best Growing Media – Grodan
  • Best Trimming Equipment – Twister Trimmer
  • Cannabis Consultant – PipeDreemz Inc.
  • Craft Grower of the Year – 7ACRES
  • Cultivation Education Award – NACPT Pharma College
  • Engineering Service – Laporte Consultant
  • Environmental Impact Award – Namaste.com Recycle Program by Zenabis
  • Extraction Equipment – Vitalis & Thar Process
  • Extraction Facility – MediPharm Labs
  • Fertigation System/Nutrient Doser – Argus
  • Filtration System – High Purity Water Services Inc.
  • Greenhouse Designer – CannaPro/George Dickinson
  • Grow-at-Home Package – BC Northern Lights
  • Grower Hall of Fame Inductee – Ed Rosenthal
  • Hemp Product Company of the Year – The Great Canadian Hemp Company
  • HVAC System – Agronomic IQ
  • Hydroponic System – Hawthorne Gardening Co
  • Innovative Product of the Year – Medxtractor Corp
  • International Cultivator – Arjan Roskam
  • Lab/Testing Facility – Valens Labs
  • Lighting System – Heliospectra
  • Master Grower of the Year – Agnes Kwasniewska, HEXO
  • Nutrients Product – BlueSky Organics
  • Outstanding Research – Dr. Zeid Mohamedali
  • Packaging Equipment – Paxiom Group
  • Pest Control – Natural Insect Control
  • Plant Propagation/Breeding – Steadystem
  • Retailer – Prairie Records
  • Security Service – 3|Sixty Secure Corp
  • Seedbank – BC Bud Depot
  • Supplier/Distributor – Detonate Cannabis Agency
  • Testing/Laboratory Equipment – Thermo Fisher Scientific

Celebrating growers and suppliers, Grow Up Conference and Expo centers on the education, collaboration and growth in the cannabis industry. The three-day event ran at the Scotiabank Convention Centre in downtown Niagara Falls from September 12 to 14, 2019, featuring over 160 speakers. This full-spectrum B2B cannabis event connected thousands of cannabis companies with a complete view of the industry.

For more information, contact:
Maire Jones
416-410-0404
maire@rnmkr.agency

CBDNewsBreaks – ChineseInvestors.com Inc. (CIIX) to Present at the MicroCap Conference in New York City on September 17

Established financial news and investment portal for the global Chinese-speaking community ChineseInvestors.com (OTCQB: CIIX) today announced that CFO Alex P. Hamilton of its subsidiary, CBD Biotech, Inc., is scheduled to present at the MicroCap Conference. The exclusive event, dedicated to connecting small and micro-cap companies with high-level, institutional and retail investors, is slated to be held at the JW Marriot Essex House in New York City on September 16 -17, 2019. CIIX’s presentation is scheduled for Tuesday, September 17, 2019, at 1:00 p.m. Eastern Time in Room 1.

To view the full press release, visit http://cnw.fm/Nh76h

About ChineseInvestors.com

Founded in 1999, ChineseInvestors.com endeavors to be an innovative company providing: (a) real-time market commentary, analysis and educational-related services in Chinese language character sets (traditional and simplified); (b) advertising and public relations-related support services; and (c) retail, online and direct sales of hemp-based products and other health and wellness products. For more information, visit the company’s website at www.ChineseInvestors.com.

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

About CBDWire

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

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CannabisNewsBreaks – Grapefruit Boulevard Investments Inc. (IGNG) Enters MOU with “Patchless Patch” Patent Holder for Timed Release Delivery of Grapefruit’s Cannabis Products

Grapefruit Boulevard Investments (OTCQB: IGNG), a Los Angeles based cannabis company which has been licensed by the state of California to both manufacture and distribute cannabis products in California since January 2018, today announced its August 22, 2019, entry into a formal Memorandum of Understanding (“MOU”) with a privately held manufacturer of a novel patented and trademarked delivery system (the “patchless patch”). The delivery system is comprised of highly engineered microscopic particles that topically deliver a therapeutic payload to the user over an extended period of time. According to the update, the MOU is binding on both parties, and both have agreed to negotiate expeditiously into a more formal license agreement. “The Patchless Patch is the future of THC, and Grapefruit will be the first to deliver it to legal Cannabis product users,” Grapefruit CEO Bradley J. Yourist said in the news release. “We see it as a breakthrough and will do everything within our abilities to bring this novel cannabis delivery system to market expeditiously. Our Company’s mission has always been how to best enhance our customers’ health and wellness by leveraging novel, effective technologies and this unique cannabinoid delivery system will advance that mission. Grapefruit delivers yet another achievement on its inexorable advancement to legal cannabis and CBD industry leadership.”

To view the full press release, visit http://cnw.fm/GUk9z

About Grapefruit

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

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

About CannabisNewsWire

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

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

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

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420 with CNW – Medical Marijuana Prices in Michigan Rise as Recreational Sales Near

The cost of cannabis flower in Michigan has risen by about 50 percent from the time medical marijuana became available in the state nearly ten months ago.

In August, the wholesale price of an ounce reached $249, the highest it has ever been from the time the regulated market was opened.

This increase in the price of marijuana flower comes as the supply is declining. This decline started in April and the numbers have been dropping to the lowest point in August.

The price hike comes despite the fact that while marijuana from caregivers is still dominating the market, the licensed cultivators have been getting a bigger share of the market. For example, the licensed growers only contributed 3 percent of the cannabis flower sold on the medical marijuana market in February. However, this proportion grew to 36 percent in August.

The regulatory agency released a statement in August showing that it was tracking the sales data in order to see how the licensed growers are progressing in addressing the supply needs of the market.

Some of the licensed growers say that they aren’t to blame for the price increases because the state government has continued to license provisioning centers at a pace that isn’t in tandem with the rate at which new growers are licensed. Consequently, there are many provisioning centers competing for the same supply of marijuana flower.

While there are 96 licensed medical marijuana cultivators to meet the demand of the 127 provisioning centers, it takes at least six months for a cultivator to grow their first crop and bring it onto the market.

State regulators made the decision not to prosecute licensed growers who buy medical marijuana products, such as cannabis flower, from the registered caregivers. Products from caregivers have been part of the regulated medical marijuana market from the very beginning, and many are of the view that this arrangement should continue.

Marijuana advocacy organizations, such as NORML, say that the licensed cultivators are still unable to meet the demand for products for both the medical and the recreational markets. These advocates therefore suggest that caregivers should continue supplying the market beyond 2020 as the regulators monitor the supply situation.

The regulators say that they are holding off making a decision on whether caregivers can be permitted to supply the recreational market with marijuana products. This decision will be made in November.

However, the data from other markets suggests that there is likely to be a decline in the number of patients using medical marijuana once the recreational market opens. Industry experts wonder what suggestions experienced industry players like Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) and Sugarmade Inc. (OTCQB: SGMD) can give as a way for the Michigan marijuana industry to work harmoniously with the caregivers.

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

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420 with CNW – Florida AG Opposes One Recreational Marijuana Ballot Initiative

There are three initiatives aimed at putting a recreational ballot measure on the 2020 ballot in Florida, but one of those initiatives has been singled out by the Attorney General as being too long and should therefore be rejected by the Supreme Court of Florida.

The ballot initiative that AG Ashley Moody has turned her guns on is sponsored by a group called Sensible Florida. That initiative seeks to legalize recreational cannabis for adults who are at least 21 years old.

Michael Minardi, the chairperson of Sensible Florida, says that the bulk of this constitutional amendment seeks to establish a framework through which the recreational marijuana industry would be regulated.

According to Minardi, the initiative is for Floridians, Florida businesses and for giving power over the cannabis plant back to the people of Florida.

AG Moody doesn’t seem to see things in the same way, and she argues that the 75-word summary of the initiative cannot allow Florida voters to understand fully what the campaigners are proposing.

To drive her point home, Moody took a picture of the amendment as it was dangling from the ceiling to the floor, and she put a caption to the effect that the amendment was longer than the first article of the state constitution. This picture was posted on Twitter by the AG.

To put this amendment in context, the other two initiatives are shorter than the one by Sensible Florida. In fact, one amendment is just a paragraph long while the second one covers two pages. This makes the Sensible Florida amendment tower above these two since it is ten pages long.

That notwithstanding, Minardi says that the strength of their amendment lies in its length. He says that the document clearly spells out all the details of what voters will be called upon to approve, and this removes the possibility that the state lawmakers will implement anything else other than what the voters will have supported.

This argument by Minardi seems to hold water, as the drama surrounding Brexit in the UK shows the folly of approving a general plan without the necessary accompanying details. Successive prime ministers have struggled to build consensus on how the UK should leave the EU, and the millions across the nation are beginning to question whether what the politicians are feuding over is really what they voted for.

Sensible Florida has vowed to take the AG on once the Supreme Court starts considering the language of their proposed amendment. It would be interesting to hear what cannabis companies like Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) and SinglePoint Inc. (OTCQB: SING) have to say about this unexpected point of contention between the attorney general and Sensible Florida’s proposed amendment.

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

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CBDNewsBreaks – Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Boosts Status as CBD, Cannabis Industry Leader

Wildflower Brands (CSE: SUN) (OTCQB: WLDFF) recently finalized its acquisition of City Cannabis Corp. in a deal that includes four operating retail cannabis stores and renovations to other locations. An article discussing the company reads, “The purchase of City Cannabis Corp. expands Wildflower’s reach and strengthens the company’s status as a leading brand-focused industry leader in the cannabis and CBD industry (http://cnw.fm/Fn6Cf). City Cannabis has been turning a profit in dispensary operations since Vancouver started licensing cannabis retailers, posting revenues of $1.8 million for the quarter ended March 31, 2019. . . . ‘City Cannabis is no doubt the fastest-growing, multiple-location cannabis retailer in British Columbia,’ Wildflower CEO William MacLean said in a news release. ‘The team has demonstrated their ability to find the best locations, but more importantly, the knowledge and ability to work with regulators at all levels has meant success in licensing that is unmatched.’”

To view the full article, visit http://cnw.fm/lV3wH

About Wildflower Brands

Wildflower Brands is a company headquartered in Vancouver building reputable brands and quality products that incorporate the synergistic effects of plants and their extracts. For more information, visit the company’s website at www.WildflowerBrands.co.

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