CannabisNewsBreaks – American Cannabis Partners Poised for Growth Amid Global Supply Chain Disruptions

American Cannabis Partners (“ACP”), a Jamaican experience canna-business innovator, has sought to establish a foothold in two key U.S. cannabis markets – California and Michigan – through a sustainable, vertically integrated model. The company now plans to expand into its third U.S. state in 2022 and its fourth in 2024. The company, which has acquired 12 cannabis cultivation and retail licenses, currently supplies approximately 80% of its whole flower product to third-party manufacturers and distributors; the remaining 20% is used in the manufacture and sale of its exclusive in-house brand, ZÜK. “In addition to its self-sustaining model, American Cannabis Partners has sought to differentiate its product within an increasingly commoditized cannabis market through the company’s unique adherence to Jamaican cultivation practices, which has led the company to produce some of the most sought-after flowers in the United States,” reads a recent article. The company further leverages its vertically integrated business model and a strict focus on acquiring its own real estate. “ACP finds itself in an enviable position to grow and develop its business at a time when the rest of the industry is subject to the vagaries of the global supply chain.”

To view the full article, visit https://cnw.fm/lKVYf

About American Cannabis Partners

American Cannabis Partners is a fully licensed, large scale and 100% organic cannabis cultivation company nationally headquartered in Trinity County of the Emerald Triangle. Guided by business professionals and cultivators, the company focuses on four industry segments: real estate, cultivation, medical research, and nonprofit groups. For both medical and recreational, American Cannabis Partners supplies multiple forms of raw product at wholesale prices for manufacturing, distribution and retail licenses. Its commodity pricing model enables stable profit margins for customers, aiding the company’s expansion into multiple states. For more information, visit the company’s website at www.ACPFarms.com.

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 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 — Eight Marijuana Trends Likely to Play Out in 2022

Marijuana industry executives should pay attention to both positive and negative trends in the industry this year. While some will be a continuation from last year, some will be new to the industry. Below is a list of some trends to be on the lookout for this year.

More states will legalize cannabis.

More states are expected to legalize cannabis this year, including Delaware, Maryland and Rhode Island, which may legalize the herb for recreational use. States such as North Carolina, South Carolina, Kansas and Mississippi are also expected to legalize cannabis for medical use.

However, the federal government’s stance on the herb’s legalization may remain unchanged.

Unpredictability of climate change will continue.

Weather patterns have become unreliable due to climate change, which means marijuana cultivators need to become adaptable and flexible. Severe flooding, drought, hurricanes, early freezes and wildfires should all be watched closely by cannabis growers.

The industry’s reputation will be cemented as recession proof.

Even with more coronavirus variants developing, cannabis sales at the retail level are expected to remain strong, as they have throughout the pandemic. While the pandemic does present both unexpected and expected challenges for the operational side of marijuana companies, consumers will continue visiting retailers as the market grows.

Inaccurate profitability and growth assumptions in Canada will continue.

Some CEOs of publicly traded Canadian companies will continue making incorrect assumptions about the expected profitability and growth of their businesses as well as about the pace of the global legal marijuana market’s growth and development. It would be fascinating to track this as well in the United States.

More firms will demand lower taxes.

The states of California and Alaska are two markets where state-imposed taxes are a point of contention. For instance, companies participating in the marijuana market in California warn that heavy taxes may cause the market’s collapse, with a recent letter sent to Gov. Gavin Newsom highlighting that if meaningful changes weren’t made, most companies would be faced with the choice of paying their employees or paying extortionate taxes to a system that’s been designed to fail. Over in Alaska, an $800 growing tax has imposed financial strains on cultivators. Players in other cannabis markets are likely to call for reduced taxes so that the industry can thrive.

More cities and towns in California will embrace the industry.

It is expected that more municipalities in this particular state will embrace the licensed cannabis industry.

Brands will grow across various sectors.

As more brands set up their own operations and find ways to work with partners in other states, this trend is expected to grow. Thus far, we’ve observed some edibles and flower brands such Wana Brands expand across the United States and internationally.

Mergers and acquisitions will continue

These deals are set to continue at a fast pace in the United States, especially in states with newly legal marijuana markets. The newly opened markets are likely to create an additional user-base for technology and devices, such as those from RYAH Group Inc. (CSE: RYAH), which facilitate the use of marijuana as a medicine.

NOTE TO INVESTORS: The latest news and updates relating to RYAH Group Inc. (CSE: RYAH) are available in the company’s newsroom at https://cnw.fm/RYAH

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 — Colorado Governor Signs 1,300 Marijuana Pardons

America’s cannabis sector may have generated billions of dollars and created hundreds of thousands of new jobs, but its most significant achievement has been alleviating the effects of the drug war. Ostensibly started to reduce drug abuse rates and hit the criminal enterprises behind the drug trade where it hurts most — their wallets — the war on drugs failed to achieve its objectives and instead ruined plenty of lives. As a wave of drug reform sweeps across the country, several state leaders have been working to mitigate the disproportionate effects of the drug war and give the victims a new lease on life.

As 2021 drew to a close, Colorado Governor Jared Polis issued pardons to more than 1,300 individuals with prior cannabis offenses on their records. On Dec. 30, 2021, Governor Polis announced that he had pardoned 1,351 people who had been convicted of possession of two ounces or less of cannabis. Now that adults are allowed to legally possess cannabis in Colorado, Polis said in a press release, it is unfair the records of more than 1,300 Coloradans are stained with cannabis offenses that are now considered legal.

These blemishes don’t just make a record look black, they actively reduce the chances of gaining employment, good credit and even gun ownership, he said. The pardoned individuals were eligible for clemency thanks to a newly signed law that increased the legal possession limit for recreational cannabis. When Polis signed the bill into law in May 2021, he instructed law enforcement officials to identify Coloradans who had prior convictions for possession of two ounces of cannabis or less.

This isn’t the first time Polis has issued pardons for individuals with prior cannabis convictions. In October 2020, he pardoned nearly 3,000 people who had been convicted of possessing one ounce or less of cannabis. His actions were in line with a bill he signed into law in June that gave him the authority to grant clemency for individuals convicted of possessing two ounces of marijuana or less. However, only cases of possession of up to one ounce were granted clemency as that was the state’s possession limit at the time.

In the meantime, a new law that would have an impact on Colorado’s medical marijuana program took effect on Jan. 1, 2022. The law will limit medical cannabis patients to purchasing eight grams of cannabis concentrate per day. Patients will be able to buy more than the allowed limit if they have a designated primary dispensary and their doctor declares that it is medically necessary.

The pardons provide additional testimony that cannabis is gradually shedding its reputation of old and replacing it with social acceptability as information about its numerous benefits emerges. Sector players from around the world, including Cannabis Strategic Ventures Inc. (OTC: NUGS), may expect significant growth of the market as more jurisdictions roll back their prohibitive laws.

NOTE TO INVESTORS: The latest news and updates relating to Cannabis Strategic Ventures Inc. (OTC: NUGS) are available in the company’s newsroom at http://cnw.fm/NUGS

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CannabisNewsBreaks – AmeriCann (ACAN) Achieves 225% YOY Revenue Growth

AmeriCann (OTCQB: ACAN), a cannabis company that develops state-of-the-art cultivation, product manufacturing and distribution facilities, today announced that the company’s year-over-year revenue growth exceeded 225% from the calendar year of 2020 to 2021. AmeriCann attributes the increase in financial performance to greater revenue received from products produced and manufactured at the company’s initial development at its Massachusetts Cannabis Center in Freetown, Massachusetts. Among the highlights for the 12 months ended December 2021, AmeriCann reported an increase of 225% in operating revenue for the 12 months ended December 2021 as compared to the prior year. In addition, the company achieved positive adjusted EBITDA for all three quarters in 2021 for which it had financial results, including positive net income for the quarter ending Sept. 30, 2021.

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

About AmeriCann

AmeriCann develops and leases cannabis cultivation, processing and product manufacturing facilities. The company uses greenhouse technology, which is superior to the current industry standard of growing cannabis in warehouse facilities under artificial lights. According to industry experts, by capturing natural sunlight, greenhouses use 25% fewer lights, and utility bills are up to 75% less than in typical warehouse cultivation facilities. As such, AmeriCann’s “Cannopy” cultivation system enables cannabis to be produced with a greatly reduced carbon footprint, making the final product less expensive. Additionally, greenhouse construction costs are nearly half of warehouse construction costs. AmeriCann is also designing GMP Certified cannabis extraction and product manufacturing infrastructure. The company has secured licenses to produce cannabis infused products including beverages, edibles, topicals and concentrates. AmeriCann plans to operate a marijuana product manufacturing business at the Massachusetts Cannabis Center. For more information about the company, visit www.AmeriCann.co.

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CannabisNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Announces Completion of First Cannabis Extraction Through New Facility

Flora Growth’s (NASDAQ: FLGC) wholly owned subsidiary, Cosechemos, has produced the first batch of crude oil through its newly constructed extraction facility. FLGC, a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, made the announcement, adding that the 10,500-square-foot plant, which has an annual capacity to produce 15,000 L of distillate, is also taking steps to become EU-GMP certified. Full certification will allow the company to export medical-grade cannabis derivatives to international markets. The plant is Flora Growth’s primary processing location and facilitates the drying and processing of the company’s all-outdoor cultivated flower into finished, packaged dry flower and extracted material for domestic production as well as export to wholesale cannabis markets. “Global cannabis markets are growing at an incredible rate, and Flora is ready to meet that demand for cannabis-derivatives with the completion of our new EU-GMP compliant extraction facility in Colombia,” said Flora Growth president and CEO Luis Merchan in the press release. “This is another major step for Flora Growth, as we are now in a position to seek EU-GMP certification, with the ultimate goal of disrupting the global cannabis derivatives market with our low-cost product. Further, the completion of the facility immediately allows us to supply extracts and derivatives to our CPG portfolio, including Flora Beauty and Kasa brands, unlocking additional cost efficiencies.”

To view the full press release, visit https://cnw.fm/X9SfI

About Flora Growth Corp.

Flora is building a connected, design-led collective of plant-based wellness and lifestyle brands that delivers 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. For more information about the company, please visit www.FloraGrowth.ca.

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420 with CNW — Study Finds Cannabis Decriminalization Decreases Racial Disparities, Arrests

A new study has found that cannabis decriminalization causes a reduction in arrests for possession as well as decreases racial disparities in other arrests. The University of California-San Diego researchers who conducted the study obtained data from the FBI Uniform Crime Report for their research.

The researchers assessed data from 37 states, which was collected between 2000 and 2019, to determine the impact of policies to decriminalize the herb. In their paper, the researchers stated that minorities often bore the burden of the unequal enforcement of laws on drugs, explaining that in the United States, Blacks were more likely to be arrested for marijuana possession in comparison to White people, despite having a similar rate of marijuana use.

The researchers’ analysis showed that decriminalization helped decrease this discriminatory enforcement of the law. The researchers noted in their report that after the implementation of marijuana decriminalization in 11 states, rates of arrest for marijuana possession dropped by more than 40% among youths and more than 70% among adults.

However, the researchers found no evidence suggesting a change in racial disparity among young people, despite the decline in the rate of arrest among both Black and White populations after a state decriminalized cannabis. In their report, they also noted that decriminalization was especially beneficial to Blacks, who had suffered most due to the consequences of the criminal penalties imposed by drug laws.

They also recommended that public health researchers and legislators reconsider marijuana decriminalization as an option of marijuana liberalization, especially in states concerned about the unplanned consequences and implementation costs of recreational and medical marijuana legalization. The findings were published in the “Social Science & Medicine” journal.

Separate research published by the American Medical Association showed findings that were similar to the study, after researchers looked into the impact of decriminalization and legalization of marijuana on racial disparities in arrests. That study was carried out by researchers from Saint Louis University and Eastern Virginia Medical School.

The researchers focused on trends related to race, comparing arrest data from 2008 to 2019. This group discovered that states which legalized marijuana saw 560 less arrests per 100,000 Black individuals and almost 200 fewer arrests for Caucasian individuals on average during that period. Decriminalization was also linked to less arrests for both Caucasian and Black individuals.

In addition to this, the study found a difference in how the policies impacted the youth, with cannabis arrest data on adolescents showing that young individuals had a lower risk of being arrested under decriminalization, in comparison with under legalization.

It is noteworthy to mention that when cannabis is fully legalized and entities such as Flora Growth Corp. (NASDAQ: FLGC) are allowed to operate, more benefits, including the creation of high-paying jobs, accrue to society over and above the reduction in racially inspired arrests.

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420 with CNW — Governors Celebrate 2021 Cannabis Reforms as 2022 Gets Underway

The past couple of years have been good for the cannabis industry. The industry managed to weather the coronavirus pandemic much better than other sectors, keeping most cannabis employees working and selling even more cannabis products than before the pandemic. However, the best developments have been on the legal side. Federal lawmakers are working on passing cannabis legislation at the federal level, and several states passed some form of cannabis legalization. Now that 2021 has finally run its course, let’s look at some of the most prominent marijuana reform accomplishments of the year.

Connecticut, which still has a completely green recreational market, has focused a great deal on social equity. The state’s newly enacted cannabis legalization bill led to the formation of the Social Equity Council, which is charged with molding Connecticut’s new recreational industry with social equity and diversity in mind.

Governor Ned Lamont highlighted the council’s efforts, stating that its primary duty would be to ensure equitable access to the lucrative cannabis market and mitigate some of the damage caused by the failed drug war. At the 15-person group’s first meeting, it rubber-stamped a list of geographical areas that were disproportionately affected by the decades-long war on drugs.

New Mexico also passed a cannabis law in 2021. Governor Michelle Lujan Grisham lauded the move, stating that it would greatly benefit the state’s economy. Legalizing cannabis in New Mexico will create thousands of new jobs — 11,000 to be exact, says Grisham. State officials began accepting license applications from businesses that would like to become licensed cannabis producers in August although sales still haven’t begun. In the meantime, adults aged 21 and older can possess up to two ounces of marijuana and grow up to six adult plants for personal use.

Commercial cannabis sales in New Mexico are expected to start this year while over in New Jersey, voters approved an amendment that would legalize cannabis consumption for adults 21 and older. New Jersey Governor Phil Murphy included the move in the state’s list of accomplishments for 2021. Commercial sales still haven’t kicked off as the state is still in the process of implementing the legalization. Home cultivation still isn’t allowed, but the governor has said that he is open to allowing people to cultivate cannabis at home for personal use while the state implements legalization.

Thanks to a near-infinite demand, the nascent cannabis industry is poised to see explosive growth over the next couple of years. Worth at least $20 billion in 2020, the sector is expected to grow at a compound annual growth rate of 32.04% to achieve a valuation of $197.74 billion by 2028.

As the sector grows in value, companies such as American Cannabis Partners, which position themselves well, are likely to take a bigger cut of the pie while others may end up being swallowed in the mergers and acquisitions which will accompany the maturation of the industry.

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

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CannabisNewsBreaks – Use of Cannabis in PTSD Treatment of Navy Seals Discussed by Leading Psychologist

Harvard-trained forensic psychologist Dr. Kara Coe has released an update discussing her innovative use of cannabis as she works Navy SEALs dealing with post-traumatic stress disorder (“PTSD”). Coe has established a reputation for being one of the most successful interrogators in military history, and her well-respected PTSD treatment practice is located in Virginia Beach, home to the largest military bases in the world. According to the announcement, Coe treats almost 30 active-duty SEALs in weekly, no-cost group therapy meetings. She is known for using cannabis in her treatment efforts that, while unorthodox, have produced life-changing results. Coe points to significant empirical evidence that suggests marijuana is a safe and efficacious treatment for many symptoms of anxiety and depression and even cancer. She uses the substance during her practice, often inviting patients to enjoy a gummy before therapy to be used in conjunction with group or exposure treatments. “Anxiety disorders are easiest for me to address when the stressor is present,” said forensic psychologist Dr. Kara Coe in the press release. “It provides the most accurate functional analysis and allows me to experience the patient’s symptoms firsthand.”

To view the full press release, visit https://cnw.fm/4DYrn

About Dr. Kara Coe

Born and raised on the East Coast, Dr. Kara Coe knew early she wanted to help people. She received her doctorate in clinical psychology from the American School of Professional Psychology and completed residency, fellowship and postdoctoral training through a program at Harvard University. She has done work with forensic and military populations and has published a wide range of empirical literature, including articles related to parasuicidal behavior, psychopathy, interrogation, delinquency and transgendered patients. Coe is finishing a memoir depicting the internal struggle of soldiers she treated while working for the U.S. Army and NSA. She was licensed to practice in Washington, DC, and Virginia, and works with government agencies consulting on matters of national security. She recently gave up her licensure to provide free and confidential PTSD therapy to Navy SEALs. Her methods are believed to be unconventional but highly effective. In 2021, while helping to pass cannabis legislation in Virginia, Coe opened Queens Green Apothecary, an “Alice in Wonderland”-themed smoke shop, and Cannabar, a luxury smoking lounge. Coe also is involved with other CBD/THC products, including InkWell MetaFarm, products developed to heal burns and tattoos; equine hemp bedding; and a new line of ready-to-drinks (“RTDs”) that should be on shelves this fall.

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420 with CNW — Canadian Cannabis Executives Share Their Industry Policy Reform Wishlists for 2022

Last year was a mixed bag of a year for Canadian marijuana investors. Speculation about the future of the sector fluctuated wildly as talks about federal legalization heated up in the United States and recreational cannabis prices reached historic lows. Additionally, players in the Canadian cannabis space are waiting with bated breath for the three-year review of the country’s cannabis legislation by federal lawmakers. The review began in December 2021, and the health minister will present the department’s findings and recommendations in 2023.

In the interim, industry leaders have a few policy changes in mind that they would like to see in 2022. George Smitherman, president and CEO of the Cannabis Council of Canada, would like stronger edible products allowed on the market. Currently, cannabis law limits potency to 10 mg of THC per packaged product. In comparison, California allows for 100 mg of THC per package. Smitherman also feels it would be beneficial if customers could buy more cannabis-infused beverages in a single package because as the 28-gram possession limit for THC prevents them from purchasing more than five beverages.

Another change would allow producers to sell their dried cannabis flower in packaging that isn’t childproof to reduce the amount of single-use plastics they use. Since cannabis flower presents a significantly reduced ingestion risk to children compared to candy, using nonchildproof packaging would also be safe.

However, the biggest challenge the industry faces right now is falling recreational cannabis prices, says Smitherman. Although prices are designed to draw customers from the illicit market, they have had a major impact on producers’ bottom lines.

Lawmakers can ease the pressure off producers by adjusting excise tax rates. Mandesh Dosanjh, president and CEO of Pure Sunfarms, would like a reform of the industry’s excise tax rules. Rather than a fixed or flat rate, he says, the government ought to change the tax to a more manageable percentage. As of December 10, cannabis sales are taxed at $4.97 per gram.

Dosanjh also criticized the country’s inconsistent lab testing standards, which often end up with different results for the same product. This has allowed some producers to test their products in different labs and then use the result with the highest cannabinoid value, which often translates to higher prices.

Niel Marotta, president and CEO of Indiva, would like to see an increase in potency limits for edibles. He also hopes that Quebec’s government will remove its ban on edibles and vape products. Low prices are also a point of contention, he says, although his company is more insulated because it deals with edibles rather than cannabis flower. Marotta hopes to be able to break into the restaurant industry one day with a variety of cannabis-infused edibles, including salt and sugar.

If the long-overdue changes are made to the regulations governing edibles and cannabis drinks, we could see an explosion in the demand for the products of Canada-based companies, including BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC).

NOTE TO INVESTORS: The latest news and updates relating to BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) are available in the company’s newsroom at http://cnw.fm/BVNNF

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420 with CNW — Study Explores Why Individuals Use Marijuana During Pregnancy or While Lactating

A new study has found that people who use marijuana during lactation or pregnancy use it to manage pre-existing conditions such as insomnia and mental health conditions, as well as pregnancy-related symptoms, including nausea and vomiting.

Dr. Meredith Vanstone, one of the authors of the study, stated that their findings didn’t resonate as much with evidence on motives for marijuana use that have been identified in nonpregnant populations, which proposed that reasons for the herb’s use during lactation and pregnancy were unique.

Vanstone explained that the reasons for the herb’s use that had been provided by the study’s participants closely resembled those cited in research on the use of medical marijuana, noting that most participants used the herb to manage more than one symptom. These reasons included to manage nausea or boost appetite, for sleep, and to control muscle spasms and pain as well as manage depression and anxiety.

For their study, the researchers recruited 52 individuals from Canada, one of whom identified as nonbinary. Each individual who was recruited had used marijuana prior to their pregnancy. At the time of their interviews, 22 of them were breastfeeding while the remaining were pregnant. Every individual was asked to give reasons why they used cannabis, with researchers finding that these reasons changed when some became pregnant. For instance, some stopped using cannabis due to health reasons, guilt and social stigma while others stopped out of fear of harming the fetus.

Those who continued to use cannabis after finding out that they were pregnant discussed their motive as associated with managing symptoms of conditions that existed prior to the pregnancy, as well as pregnancy symptoms. The researchers found that after giving birth, the reasons some participants gave for using marijuana changed again to closely resemble the motives they gave for using the herb before they became pregnant.

The study’s findings have implications for clinical practice, which include counselling of lactating and pregnant individuals on the possible harms of using marijuana and alternative approaches. In the conclusion, Vanstone noted that it was important for doctors to understand that individuals who use marijuana during pregnancy often did so because they recognized the benefits of marijuana for controlling various symptoms. Vanstone highlighted that there existed an opportunity to help pregnant individuals find alternatives that were safe for both the mother and the child, while looking into the benefits that these individuals derived from marijuana.

The study’s findings were reported in the “Canadian Medical Association Journal.”

As more information becomes available regarding the reasons why various categories of people consume the marijuana products made by companies such as Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF), policymakers will be in a better position to enact laws that are relevant to the present and future generations.

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