The Southeastern Hemp & Medical Cannabis Convention To Promote Operational Success Through Science and Education

Organa Kannalytics LLC invites cannabis businesses, stakeholders, researchers, patients, farmers distributors, and related industries, are all invited to attend the Southeastern Hemp & Medical Cannabis Convention (“SHMCC”) being held from 12-14 March 2022 at the Cobb Galleria Centre, Two Galleria Parkway, Atlanta, Georgia.

The SMHCC is being touted as the central meeting point for industry leaders and influencers to come together for networking, discussing medical advancements in the cannabis industry, and discovering new business opportunities. The event offers immense scope to new businesses and organizations to get better market visibility and explore the vast spectrum of possibilities that lay ahead.

The SHMC Convention will be held in person, taking care of all health and safety protocols following local and international regulations. Those who cannot attend the event in person have access to the streaming conference. 

Attendees can learn and understand about the medical advancements and agricultural breakthroughs, new business scope, and as well as national, state, and local laws regulating cannabis use and trade. The title sponsor of the event is LUX LEAF Diagnostics, a leading testing laboratory dedicated to serving the US hemp and cannabis market.

Explore the wide gamut of cannabis science and its potential uses in the medical fraternity. Leading speakers will share their knowledge and insights on how responsible cannabis use can have several health benefits. Sponsors and vendors are invited to set up their booths displaying their products and services. Earlybird discounts are available.

With the global interest growing in the medical cannabis sector, the SHMC convention has a host of opportunities to offer associated business and trading players of the southeastern region. The trusted insights of distinguished speakers like Dallas Austin and Tavarres King, along with the immense networking scope of the convention, makes it the most sought after cannabis convention in this region.

Participants can attend workshops, join the panel discussions, network and socialize to connect with peers and stalwarts on this informative forum. Traders can build long-term business ties and attendees can discover developing potential medical solutions and treatment options. The event offers a wide range of discussion topics to resonate with the audience. Interested parties can get in touch with the event team that will guide them to participate to their desired level.

For more information, please visit www.OrganaKannalytics.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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Lexaria Bioscience Corp. (NASDAQ: LEXX) Readying Human Study to Compare Lexaria’s DehydraTECH-Nicotine Pouch Performance to that of Existing Leading Brands

  • In its most recent oral nicotine study, Lexaria established that DehydraTECH-oral nicotine delivery peaked in bloodstream 10x to 20x faster than controls and peak levels achieved were up to 10x higher than controls
  • Lexaria hopes to evidence in its upcoming human oral nicotine study NIC-H22-1, that processing purified nicotine with DehydraTECH leads to better oral-tissue absorption and reduced negative experiences compared to currently sold brands
  • Lexaria’s DehydraTECH technology works with new and existing drugs, processing them into a final form that increases bioavailability, speeds up onset and improves effectiveness that can allow for smaller doses 
  • The company also recently announced new agreements with tobacco giant Altria for evaluation of some of its powder-based nicotine formulations

Technology innovator Lexaria Bioscience (NASDAQ: LEXX) has developed a drug delivery technology designed to increase bio-absorption, reduce time of onset and mask unwanted tastes of a wide variety of medicines and therapeutics. 

In exploring the potential of its patented DehydraTECH(TM) technology, which uses a proprietary process to render active pharmaceutical ingredients into a readily absorbable final form, Lexaria has investigated DehydraTECH’s effectiveness in various markets such as hypertension, antivirals and oral nicotine to name a few, with outstanding results. 

Another important area of study has focused on nicotine alternatives to replace smoking. This summer, the Company will begin a human clinical study, NIC-H22-1, which will dose a minimum of 36 people to compare Lexaria’s DehydraTECH-nicotine pouch performance with that of existing brands such as ON! and Zyn currently sold in the United States, drawing on existing capital to fund the study (https://cnw.fm/WtaDW). Animal testing has already demonstrated that DehydraTECH-nicotine can deliver peak nicotine performance to the bloodstream 10 to 20 times faster than the study’s controls (https://cnw.fm/mgn96). 

In March, the company received its first ever patent granted to use DehydraTECH to deliver nicotine more efficiently through buccal tissue absorption in Australia (https://cnw.fm/ZSXqk). Buccal tissue is the type of tissue in your mouth and throat, allowing for the nicotine to be primarily absorbed before it enters the stomach. Similar patent filings have been made in the U.S. and in the EU and Lexaria believes those potential patent awards could support significant competitive advantages in the nicotine white pouch category, as well as other oral nicotine product formats. 

The FDA has long resisted formal authorization of smokeless alternatives to tobacco consumption because of concerns about their capacity to lure youths into addiction. 

“Anyone who does not currently use tobacco products, especially youth, should refrain from doing so,” Acting FDA Commissioner Ned Sharpless, M.D., said in relation to the agency’s authorization for some “Modified Risk Tobacco Products” to be marketed as a safer alternative to smoking in recent months. But in 2019, Swedish smokeless brand General became the first in the long history of the FDA to ever win that marketing allowance. (https://cnw.fm/eH7IZ).

Lexaria has long held that any form of inhaling chemical substances can be detrimental to health, and its DehydraTECH-nicotine aims to help vapers as well as smokers wean themselves off of those products, giving them relief from cravings while offering a safer nicotine alternative.

“My father also died from lung cancer … so I am no fan (of smoking),” CEO Chris Bunka told Forbes in 2019 (https://cnw.fm/yinGr). “The fact that (DehydraTECH) is fast means that smokers might not be frustrated waiting for their nicotine experience to begin, the way they have been with traditional nicotine products such as gums and lozenges.”

The company is working with the tobacco industry, and recently announced new agreements with tobacco giant Altria Client Services, LLC in which Lexaria will receive a fee to provide certain DehydraTECH powder-based nicotine formulations to Altria for evaluation (https://cnw.fm/y2LmV).

For more information, visit the company’s website at www.LexariaBioscience.com.

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

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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Advanced Container Technologies Inc. (ACTX) GrowPods ‘Ideally Suited’ for New USDA Food System Initiative

  • Up to $400 million has been made available to support food purchases with emphasis on purchasing from underserved farmers, ranchers
  • Agency strengthens efforts to provide emergency food assistance, expand economic opportunity
  • ACTX GrowPods could be valuable tool in effort to build resilient local, regional food-production capabilities

In an effort to provide transform the food system and build a better food system after the global pandemic exposed weaknesses in the system, the U.S. Department of Agriculture (“USDA”) established a Local Food Purchase Assistance Cooperative Agreement Program (“LFPA”) last year (https://cnw.fm/omE5D). Advanced Container Technologies (OTC: ACTX), a company focused on the business of developing, manufacturing and selling advanced cultivation equipment, proprietary packaging systems, and a variety of other products, is ideally suited to help meet the needs of the new USDA initiative to build a new and more equitable food system (https://cnw.fm/gZf00). 

According to the USDA announcement, up to $400 million in funding has been made available to support food purchases with an emphasis on purchasing from underserved farmers and ranchers. “Also as part of the Build Back Better Food System Transformation Initiative, USDA’s Food and Nutrition Service is announcing the availability of up to $50 million in funds provided by the American Rescue Plan for the Emergency Food Assistance Program (“TEFAP”) Reach and Resiliency grants to state agencies to expand program access in rural, tribal, and other currently underserved areas,” the agency states. “These grants and the LFPA are both part of USDA’s robust and ongoing support for food banks and the broader emergency food system.”

“One of the lessons from COVID-19 is that the current food system is too rigid, consolidated and fragile,” the agency stated when it announced established the program. “These cooperative agreements will help state, tribal and local entities purchase food more efficiently from local producers and invest in infrastructure that enables partner organizations to reach underserved communities more effectively.

“As we build back better than we were before, we will strengthen our efforts to provide emergency food assistance and expand economic opportunity for historically underserved producers by allowing state and tribal governments to buy and distribute local and regional foods and beverages that are healthy, nutritious and unique to their geographic area.”

Agriculture Secretary Tom Vilsack noted that the program “will help get local and regional agricultural products into schools, food banks and other nutritional assistance programs, and organizations that reach underserved communities. It also advances our efforts to ensure that historically underserved populations gain equal access to USDA resources through a combination of grants, loans, pilot programs, technical assistance, cooperative agreements, and more.”

According to Advanced Container Technologies, its GrowPods — modular hydroponic greenhouses — could become a valuable tool in this effort to build more resilient local and regional food production capabilities. “With GrowPods, cultivation can be moved directly into the areas where food is needed,” the company noted. “Additionally, locating the pods nearer to the point of consumption allows food to be harvested at its peak nutritional value, and greatly reduces the carbon and environmental impact of the nation’s current food chain, which relies on trucks carrying mass quantities of produce across the country.”

GrowPods offer a controlled environment with major advantages for the production of high-value crops. The ability to grow crops year-round while cultivating in a smaller footprint using less resources make the systems particularly well suited for programs such as the LFPA. ACTX is the exclusive distributor of GrowPods in certain markets. The company also provides a variety of other products and services, including packaging solutions for medicinal, pharmaceutical, and agricultural products.

For more information, visit the company’s website at www.AdvancedContainerTechnologies.com.

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

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 – InMed Pharmaceuticals Inc. (NASDAQ: INM) to Participate in Groundbreaking Study with Trokie and Radicle Science

InMed Pharmaceuticals (NASDAQ: INM) is a leader in the research, development, manufacturing and commercialization of rare cannabinoids. The company today announced that its subsidiary, BayMedica, will be providing rare cannabinoids for use in Radicle Science Inc.’s Radicle Energy rare cannabinoid study to assess the effects of delta-9 (“d-9”) dominant tetrahydrocannabivarin (“THCV”) on energy, focus/attention, appetite and weight/BMI. According to the update, BayMedia will be supplying its highly pure d-9 dominant THCV, formulated into a proprietary lozenge manufactured by Trokie. “We are excited to be part of this groundbreaking study with Trokie and Radicle Science in advance of our commercial launch of d-9 dominant THCV. Radicle Science has been at the forefront of cannabinoid research, providing much needed scientific evidence to validate the effects of cannabinoids, and Trokie is a leader in unique and effective delivery systems for cannabinoids,” said Dr. Shane Johnson, SVP and general manager of BayMedica. “As a company driven by data and science, independent third-party research provides important information as we continue to expand our product portfolio of rare cannabinoids for the health and wellness market. Evidence-based decision making is key to facilitate adoption of rare cannabinoids by consumers, brands and health care providers. This research will advance the understanding of rare cannabinoids, which have been historically under-investigated.”

To view the full press release, visit https://cnw.fm/dBMdO

About InMed Pharmaceuticals Inc.

InMed Pharmaceuticals is a global leader in the research, development, manufacturing and commercialization of rare cannabinoids. Together with its subsidiary BayMedica LLC, the company has unparalleled cannabinoid manufacturing capabilities to serve a spectrum of consumer markets, including pharmaceutical and health and wellness. InMed is also a clinical-stage company developing a pipeline of rare cannabinoid therapeutics and dedicated to delivering new treatment alternatives to patients who may benefit from cannabinoid-based pharmaceutical drugs. For more information, visit www.InMedPharma.com and www.BayMedica.com.

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

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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420 with CNW — Five Tips Seniors Need to Keep in Mind Before Using Medical Marijuana

As more states legalize cannabis for medical and/or recreational purposes, a bigger proportion of the population can now readily access marijuana products from licensed outlets. According to research out of UC San Diego, a significant fraction of all new marijuana users are seniors. We offer the following tips to seniors who want to use medical or recreational marijuana for the first time.

Do some research on administration methods

The legalization of cannabis in different states has given entrepreneurs an opportunity to come up with different cannabis products and ways to use those products. For example, there are cannabis edibles, suppositories, vape products, and smokable products, among many other administration methods.

Do your research and select a consumption method that will suit your personal needs and preferences.

Start slow

Your body as a senior is likely to be more sensitive to what you put inside it, so it is advisable that you start with a smaller dose of whatever cannabis product you plan to use. Make any dosage increases minimal and gradual as you observe how your body responds to the product.

Hydrate

Marijuana has a tendency to make users feel parched, so it is a good idea to drink water during your cannabis consumption session. The water will prevent you from feeling dehydrated, and it may also provide a way to keep you grounded during your consumption session.

Prepare snacks

Cannabis triggers the “munchies” in some people, so you would be well advised to have some snacks on hand before your consumption session begins. These snacks will come in handy if the marijuana product you use causes an increase in your appetite.

Inform your doctor

Many seniors are on medication for a variety of conditions, such as arthritis, high blood pressure and diabetes. It is wise to talk to your physician before you start using any marijuana product. This discussion is important because the compounds in marijuana may either slow down or accelerate the effects of your medication, and your doctor is best placed to assess what specific interactions may occur.

Get the all-clear from your doctor and keep him or her updated on how you feel when you start using marijuana products. The healthcare professional can then advise on what tweaks to your medication are necessary.

It isn’t hard to find a doctor who is knowledgeable about medical marijuana if you live in a state that has legalized marijuana. Such a doctor will give you appropriate advice about using both marijuana and your existing medication.

Who knows, you might discover that the cannabis products from regulated companions like Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) give you a new lease of life!

NOTE TO INVESTORS: The latest news and updates relating to Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) are available in the company’s newsroom at https://cnw.fm/RWBYF

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 — Bankers’ Groups from All 50 States Urge Senate to Enact Cannabis Banking Reform

Last week, a group of banking associations from all 50 United States wrote a letter to the U.S. Senate urging the legislative body to include cannabis banking language in the final text of a manufacturing bill for which a bicameral conference is being organized.

The American Bankers’ Association (ABA) as well as associations from every state in the United States says that the SAFE Banking Act is needed urgently and has wide support from both sides of the legislative aisle. The group added that this law is needed to handle the financial transactions that so many entities, such as real estate companies, law firms, members of the skilled trades and so many others rely on in their day-to-day transactions with marijuana companies.

The groups representing banks said that cannabis firms are forced to operate mostly on a cash basis and this was creating concerns about public safety as well as making the work of regulators, tax collection agencies and security agencies harder due to the lack of a verifiable trail of the finances flowing through the marijuana industry. The letter mentions that currently, 37 states allow marijuana in some form and many other states are in the process of reforming their policies and legalizing marijuana. It is therefore vital that banking reform is included in the COMPETES Act so that the existing challenges of public safety and regulation are addressed.

Advocates are hopeful that the legislators selected as conferees will push for the cannabis banking language to be included in the manufacturing bill. These hopes are buoyed by the inclusion of conferees who support the marijuana banking bill. They include Rep. Earl Blumenauer from Oregon, Senator Patty Murray from Washington State and Maxine Waters from California.

The spike in burglaries and robberies in different states, including Washington, has made the voices for cannabis banking reform even louder. Officials in Washington State organized an online roundtable to discuss the security threats facing cannabis businesses, and they even explored different measures that they can take to promote cannabis banking as they wait for Congress to act on this urgent matter.

It is noteworthy that reports coming from FinCEN, a federal agency fighting financial crimes, indicate that the end of 2021 saw an increase in the number of financial institutions working with marijuana businesses. It isn’t clear whether that uptick was due to the anticipation that Congress would pass a law enabling cannabis banking federally or the fact that banks are now less fearful about possible penalties from federal regulators.

One thing is clear — there will be a collective sigh of relief from the entire cannabis sector, including entities such as American Cannabis Partners, once a bill is signed into law allowing federally chartered banks to work with marijuana companies in states with legal cannabis markets.

NOTE TO INVESTORS: The latest news and updates relating to American Cannabis Partners are available in the company’s newsroom at https://cnw.fm/ACP

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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CannabisNewsBreaks – Sugarmade Inc. (SGMD) Executes on Collaborative Cannabis Cultivation Model

Sugarmade (OTC: SGMD), an emerging company in the licensed cannabis sector, today announced its first transaction relative to its collaborative cannabis cultivation strategy via a definitive and executed contract with Cannabis Global Inc. (OTC: CBGL). Under the agreement, Sugarmade, via partner licensed and permitted Lake County, California, cannabis cultivators, will produce approximately 25,000 pounds of “Fresh Frozen” cannabis, which Cannabis Global will use in its product lines and distribute to the California marketplace. “As we recently announced to our shareholders, we see a strong business model of utilizing now idle resources of other California cultivators who have decided they can no longer afford to cultivate cannabis and market their biomass into the marketplace,” said Jimmy Chan, CEO of Sugarmade. “This new model will allow local Lake County, California, cannabis companies to remain in business to do what they do best — cultivate cannabis — while allowing Sugarmade to concentrate on distribution and marketing of cannabis flower and manufactured products.”

To view the full press release, visit https://cnw.fm/iLd2W

About Sugarmade Inc.

Sugarmade is a product and branding marketing company investing in operations and technologies with disruptive potential. The company’s portfolio includes CarryOutsupplies.com, SugarRush, NUG Avenue, Lemon Glow and Budcars. For more information, please visit www.Sugarmade.com.

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

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 844-397-5787 (U.S. Mobile Phones Only)

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

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

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CannabisNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Launches New Skincare Line Ahead of Luxury Meets Cannabis Conference

Flora (NASDAQ: FLGC), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, today announced the launch of a new skincare line under its brand, MIND Naturals (“Mind”), ahead of the Luxury Meets Cannabis Conference (“LMCC”) in New York City. Mind is inspired by its Colombian roots and leverages superfruits and nutrients native to Colombia for its new non-CBD line of skincare products. “This is a very exciting launch from MIND Naturals and Flora – the U.S. skincare market alone presents a unique opportunity for growing all-natural skincare brands, with annual revenue of approximately $17.6 billion,” said Flora Growth CEO Luis Merchan. “Consumers of every age, ethnic background and gender can benefit from investing in skincare, and a clean skincare regimen is key to balance and wellness. We look forward to sharing these new Mind products with attendees at the Luxury Meets Cannabis Conference in New York.”

To view the full press release, visit https://cnw.fm/oCaL7

About Flora Growth Corp.

Flora is building a connected, design-led collective of plant-based wellness and lifestyle brands delivering the most compelling customer experiences in the world, one community at a time. As the operator of one of the largest outdoor cannabis cultivation facilities, Flora leverages natural, cost-effective cultivation practices to supply cannabis derivatives to its diverse business divisions of cosmetics, hemp textiles, and food and beverage. Visit www.FloraGrowth.ca or follow @floragrowthcorp on social for more information.

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

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 844-397-5787 (U.S. Mobile Phones Only)

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

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O’Cannabiz Conference Expo & Awards To Buzz With Cannabis Business And Discussions

Witness the immersive experience of Cannabis trade shows, retail summits, awards functions along with high-intensity networking among the veterans and global dignitaries of the cannabis business in Canada at the International Centre, Toronto, Canada. Cannabis enthusiasts, traders, researchers, and activists are invited to attend the 2-day O’Cannabiz Conference Expo & Awards from June 1-3rd 2022.

Budding entrepreneurs can leverage this phenomenal stage where influential industry stalwarts will grace the occasion with their presence. Get valuable tips and learn the intricate strategies of the trade from Steve De Angelo, the father of the legal cannabis industry in his keynote address to the audience. Steve De Angelo along with Tommy Chong will be felicitated with lifetime achievement awards where attendees can witness the honors live in person.

The O’Cannabiz event offers tremendous networking scope across the length and breadth of the global as well as Canadian audience. Newbies can connect with influencers and reputed entities to learn and discuss the future of cannabis across different sectors in Canada. The role of cannabis, from non-psychedelic uses, healing debilitating mental conditions, drug development, clinical applications, and its creative impact, to name a few, is huge. This conference is a great networking medium where thought leaders and professionals can connect to build relationships and explore the latest innovations, regulations, retailing scope, and more.

The team behind the Expo and Awards is an experienced group of professionals who organize several high-profile trade summits and have robust connections with the governments worldwide and in Canada. From panel discussions to keynotes on extraction and regulation, along with presentation booths where presenters can gain visibility among influencers and investors, this event houses everything a cannabis enthusiast will look out for. 

The O’Cannabiz Conference Expo & Awards will be held at the sprawling 50,000 sq. ft International Center hall-5. The event will be attended by 3,500+ attendees who will get a chance to be a part of 70+ interactive sessions, on a platform where 180+ industry leaders will share insights on cannabis trading, laws and regulations, Cannabis extraction & compliance in Canada, the emergence of Agtech in cannabis space, the scope and future of industries, and other such interesting topics. 

Attendees will be treated to a Red Carpet Royalty Cocktail Reception, along with dinner and an awards ceremony. Networking continues in the after-party session with exhibitors, sponsors, and delegates.

To learn more, please visit https://ocannabiz.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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420 with CNW — Researchers Draw Attention to Widening State-Federal Cannabis Policy Differences

In a new report released shortly after the U.S. House of Representatives passed a bill legalizing cannabis at the federal level, congressional researchers revealed that the gap between the marijuana policies at state level and those at the federal level was wide — and it was getting wider with each passing year.

The analysis by the Congressional Research Service (“CSR”) was 101 pages long and covered several aspects connected to the marijuana industry in the country. For example, the document points out how the policy schism has affected cannabis banking. The researchers say that because of the federal classification of marijuana as a Schedule 1 controlled substance, banks are hesitant to accept cannabis businesses, so many of those companies are compelled to accept only cash and use that cash in all their activities and operations. Because of this, marijuana companies face security risks that businesses in other sectors don’t face; it is also hard for tax collection agencies to track all the finances of marijuana firms.

The researchers also say that the contradiction between state and federal marijuana policies has created challenges for some people to find or retain certain jobs, federal housing or even education support.

Cannabis research is also discussed in the report. The CRS says that the federal classification of marijuana continues to make marijuana research burdensome, and as a result, it isn’t easy to obtain reliable scientific data on the risks or benefits of the marijuana products that members of the public are consuming.

However, the analysis recognizes that some measures are being taken to address the challenges of conducting cannabis research. For instance, the report points out the ending of Mississippi University’s monopoly of producing research-grade marijuana and the draft laws being considered to allow researchers to use cannabis sourced from dispensaries in states where marijuana is legal.

The report goes on to mention the four options available to Congress with regard to the widening gap between marijuana laws at the state and federal level: Congress can choose to be inactive, authorize the strict implementation of federal marijuana laws, enact modest adjustments allowing states to have robust marijuana markets or pass a policy ending federal marijuana prohibition.

The CRS says additional options exist, such as changing the classification of marijuana to a less strict category, which would avail banking services to the industry and free law enforcement of the oversight role; the report notes that these options should be considered.

To cannabis advocates, the most obvious option would be to end prohibition federally so that the policies at the federal level are in alignment with the wishes of the public as shown by the rate at which different states are opening marijuana markets either through legislative means or through voter initiatives.

Once federal laws are reformed to legalize marijuana, we could see existing state-level players such as Flora Growth Corp. (NASDAQ: FLGC) establishing a national footprint while also expanding internationally.

NOTE TO INVESTORS: The latest news and updates relating to Flora Growth Corp. (NASDAQ: FLGC) are available in the company’s newsroom at https://cnw.fm/FLGC

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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