420 with CNW — Study Finds Smoking CBD-Rich Cannabis Doesn’t Impact Driving Ability

Over the past couple of years, cannabis has experienced a surge in popularity partly due to its purported medical abilities. As territories around the world started legalizing cannabis and hemp, reports of the controversial plant’s medical efficacy spread far and wide. Cannabidiol, one of the chemical compounds produced by plants in the cannabis family, has attracted most of this attention thanks to its potent medical properties. Unlike THC, the main psychoactive agent in marijuana, CBD does not intoxicate users or slow their mental and physical reactions.

A pilot study from Switzerland sought to find out whether there was a connection between smoking CBD-rich marijuana and reduced driving ability. The study found that there was “no significant impact” on the driving ability of its participants. Furthermore, there were no negative effects on vital signs, even though all the study participants had more THC in their blood than the legal limit allowed. This corroborates what we already know about CBD: it is not psychoactive, and it may reduce THC’s ability to intoxicate users.

The Swiss study comprised 33 participants who were each given a joint with 500 mg of tobacco and either 500 mg of placebo or 500 mg of CBD-rich cannabis. The placebo contained a cannabinoid-free, nicotine-free herbal mixture with a hemp aroma called Knaster Hemp while the CBD-rich marijuana contained 15.5% CBD and 0.9% THC.

After taking either the placebo or CBD-rich cannabis, the participants were taken through a variety of common DUI tests. Researchers concluded that there was no correlation between smoking CBD-rich cannabis flower and reduced driving ability, with study participants who smoked both CBD and the placebo experiencing zero decline in motor time, reaction time, concentration, performance or behavior under stress.

Some of the tests the researchers employed include psychological assessments such as reaction tests, a determination assessment that analyzed participants’ reactions under complex stimulus as well as a Cognitrone test. While there were no significant differences in reaction time after the participants smoked both CBD-rich cannabis and the placebo, there was a difference in reaction and motor time between the men and women regardless of whatever they consumed. However, there was no difference between the male and female participants in the determination test.

Researchers from the University of Bern’s Institute of Forensic Medicine say that although all study participants had enough THC in their blood to cause the symptoms of impairment, they did not exhibit any symptoms. They believe this is the first-ever study to investigate the potential ramifications of smoking cannabidiol-rich marijuana on road safety.

This study proves that consuming CBD-rich cannabis products from licensed marijuana companies such as Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) is unlikely to put drivers at risk, but caution is still required as a lot more isn’t yet fully understood about how various cannabis compounds affect one’s ability to drive safely.

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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CannabisNewsBreaks – Cannabis Strategic Ventures Inc.’s (NUGS) Farm-to-Sale Model to Potentially Drive Gains in Quality Control, Profitability

Cannabis Strategic Ventures (OTCQB: NUGS) is an emerging leader in the U.S. cannabis marketplace. The company is beginning to deploy its newly acquired licenses, including the opening of its first Los Angeles-based, customer-facing MDRN (Modern) Tree cannabis dispensary, as it takes key steps forward in its strategic plan to implement a farm-to-sale model. “After securing key licensing, we are wasting no time in deploying those assets to launch one of California’s top vertical cannabis models,” stated NUGS CEO Simon Yu. “MDRN Tree will be our factory retail store — our direct interface with our end-market community — where we plan on showcasing the cannabis flower produced at our NUGS Farm North cultivation site. This farm-to-sale model offers the potential to drive simultaneous gains in quality control and profitability, and I look forward to providing further updates as we make strides in this direction.” According to a recent article, following the launch of MDRN Tree, NUGS plans to deploy another of its new licenses for the establishment of an indoor cultivation facility with up to 1,200 grow lights. “The company projects ‘an upside potential for total production capacity of over 15,000 lbs. of premium exotic cannabis flower per year.”

To view the full article, visit https://cnw.fm/0SJAE

About Cannabis Strategic Ventures Inc.

Cannabis Strategic Ventures is one of the largest publicly traded marijuana cultivators in the United States. The company is Los Angeles-based and incubates, develops and partners with category leaders within the cannabis and ancillary sectors. The firm’s NUGS brand experience provides operational and financial strategic partnerships and a range of essential services to emerging and existing Cannabis consumer brands. For more information, visit www.CannabisStrategic.com.

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

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 — Weed 6: CNN Shines the Light on Medical Cannabis for Autistic Kids

Cannabis may still be one of the most controversial plants in America’s history, but awareness of its potential medical abilities is steadily increasing. First legalized for medical use by California in 1996, medical cannabis is now legal in 36 states and used to alleviate medical conditions such as chronic pain, cancer and cancer treatment symptoms, epilepsy, glaucoma and Alzheimer’s disease. Thanks to the plant’s potent medical properties, researchers all over the world are constantly running studies to discover the breadth of marijuana’s medical potential.

A pediatric clinical trial at UC-San Diego’s Center for Medical Cannabis Research has found that cannabidiol (“CBD”), one of the many chemical compounds produced by hemp and marijuana, has a positive effect against some of the more extreme symptoms of autism. Autism is a neurodevelopmental disorder that usually results rigidity and repetitive behaviors as well as difficulty understanding nonverbal communication and social interaction. The disorder affects one in 44 children in America and can be accurately diagnosed by the time a child is two years old.

Autism exists on a spectrum, with some people exhibiting mild, easy-to-manage symptoms and others being completely nonverbal and, in some cases, aggressive and violent. It can also lead to self-harm and extremely disruptive behavior in extreme cases. According to Dr. Doris Trauner a distinguished professor of neurosciences and pediatrics at the University of California, San Diego, “aggression and self-injurious behaviors” are common in children with severe autism. People with less severe autism may have trouble communicating in social settings, she told CNN chief medical correspondent, Dr. Sanjay Gupta, even if they are capable of speaking quite well.

For example, Ezra Fouquette started exhibiting unusual behavior when he was 17 months old, and he was diagnosed with autism disorder five months later. He soon became aggressive and violent, says Joan Fouquette, his mother. She didn’t want to put him on available pharmaceutical therapies because they can have side effects. This includes an increased risk of developing diabetes, obesity and cardiovascular-type issues. Instead, Fouquette tried a variety of unsuccessful homeopathic remedies and therapies until she heard about the CBD clinical trial at UC San Diego.

She enrolled Ezra into the double-blind placebo-controlled study when he was nine years old. Researchers gave CBD and a placebo to the participants at random and studied their brains to see how cannabidiol affected them. Ezra received both CBD and a placebo during the clinical trial, and after a few weeks, the once nonverbal young boy was singing. He’s not aggressive anymore, Fouquette says, and she can now communicate with him in a way she never could. A year after the study concluded, Ezra is still a happy and communicative young boy.

The study still hasn’t been published, however. Additionally, a lot more research is still needed before CBD is developed into a legal behavioral drug for autistic kids. Such additional research would greatly benefit from making use of advanced dose-measuring devices such as the internet-enabled smart inhalers manufactured by RYAH Group Inc. (CSE: RYAH) since it would help to standardize the dose administered to participants during clinical trials.

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 — Congressional Democrats Gear Up for Cannabis Reform Efforts

In a memo to the Congressional Cannabis Caucus, Reps. Barbara Lee and Earl Blumenauer wrote that the growing bipartisan momentum for marijuana reform show that Congress is ready for progress next year, noting that they were close to making its marijuana laws and policies align with the views of Americans.

This comes after several proposals were introduced, including federal initiatives that will expunge criminal records of cannabis offenders and establish banking services for the burgeoning marijuana industry.

A poll conducted by Gallup last year found that almost 70% of Americans, including about one-half of Republicans, support the legalization of cannabis. In 2020, the states of Connecticut, Virginia, New Jersey and New Mexico legalized the recreational use of marijuana.

The memo is a guideline to various proposals that seek to redefine the role of the federal government in every facet of the marijuana industry. Some of these measures have even received support from the Republican party.

Bills such as the Marijuana Opportunity Reinvestment and Expungement (“MORE”) Act will remove marijuana from the Controlled Substance Act. Other measures will allow the establishment of a legal marijuana market in Washington D.C., provide for marijuana research trials for PTSD and prohibit retribution by the VA against clinicians who recommend the herb’s use.

Another important measure, the SAFE Banking Act, would afford the marijuana industry access to various financial services including credit-card processing, checking accounts and commercial loans. Under present law, financial institutions that provide banking services to licensed and legal marijuana businesses are under state laws yet subject to criminal prosecution under federal statutes, which include money laundering. This has led the marijuana industry in most states where the herb is legal to carry out their business in cash, which leaves them vulnerable to robberies, among other risks.

Other measures, such as the Medical Marijuana Research Act, would remove restrictions imposed on federal researchers studying cannabis and ensure that they have access to the same products used by consumers for their research.

Most of the pressure for cannabis reform is surprisingly bipartisan. Last week, Reps. Don Young and Dave Joyce wrote a letter to President Joseph Biden and VP Kamala Harris imploring them to change the severity with which marijuana is scheduled under the Controlled Substances Act in order to distinguish it from more dangerous drugs such as cocaine, morphine and fentanyl.

In the letter, Joyce stated that the restrictions imposed on cannabis as a Schedule I substance put the U.S. behind many scientific competitors as well as its international partners. If these efforts to reform cannabis policy at the federal level come to fruition, the entire industry, including sector players such as Simply Sonoma Inc., would have fewer regulatory complexities to navigate.

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

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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CannabisNewsBreaks – American Cannabis Partners Producing Differentiated, Niche-Market Product

American Cannabis Partners (“ACP”), a sustainable Jamaican experience canna-business innovator, has sought to capitalize on the global affinity for Jamaican cannabis as well as its close links to Jamaica. ACP is employing traditional Jamaican techniques within its cannabis cultivation, harvesting and curing processes. “The methods, in turn, have resulted in a far superior product for the company, as well as faster growth rates, greater production yields, higher THC levels and enhanced terpene bouquets,” explains a recent article. The U.S. cannabis market has the potential to reach an annual value of $115 billion by 2030, from sales of $17.5 billion in 2020, with product differentiation expected to increasingly drive the fortunes and pricing power of numerous players within the sector. “Cannabis plants habitually produce hundreds of aromatic terpenes, which have been shown to influence both a cannabis plant’s psychoactive properties as well as drive end-consumer demand. American Cannabis Partners has sought to cater to the rapidly evolving consumption tastes of their U.S. audience by way of its meticulous focus on cultivation practices as well as its unique focus on Jamaican techniques, which have enabled the company to produce and market a differentiated, niche-market product.”

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

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 — Federally Funded Survey Finds Significant Decline in Cannabis Use Among Youths

A new survey has found that the use of cannabis by youths reduced considerably this year. The Monitoring the Future survey was funded by the National Institute on Drug Abuse. It has been tracking adolescent attitudes towards drugs and drug behavior since 1975.

The self-reporting survey was taken by more than 32,000 students from 319 schools who completed it between February and June of this year. Its latest results show a significant decline in marijuana use among 8th, 10th and 12 graders in 2021. This is despite the fact that more laws to legalize marijuana are being enacted and implemented in various states across the country.

The survey’s findings show that in comparison to more than11% of 8th graders who reported that they used cannabis last year, only 7.1% did so this year. In 10th graders, this percentage dropped to 17.2% from the 28% recorded last year while in 12th graders, the number dropped to 30% this year, from the 35.3% recorded last year. This data offers evidence that supports the argument that legalizing cannabis for adults doesn’t lead to a rise in underage drug usage.

The survey, which was carried out by researchers at the University of Michigan, also found that the daily, 30-day and lifetime use of marijuana among adolescents also declined this year. A decline was also observed in the use of nicotine vaping, alcohol and other illicit drugs. However, the researchers note that the decline observed in past-year marijuana use is especially steep when compared to the consumption of all other illicit substances.

In a press release, National Institute on Drug Abuse director Nora Volkow stated that the agency had never observed such a huge decline in the use of drugs among teens in a one-year period, adding that the data highlighted an unforeseen consequence of the coronavirus pandemic, which caused tremendous shifts in the daily lives of adolescents. She noted that the agency was now focused on identifying the central elements of last year that contributed to the decline in drug usage in order to use it to inform future prevention efforts.

In a separate press release, the deputy director of NORML, Paul Armentano, stated that the survey’s findings added to scientific literature showing that cannabis regulation policies could be implemented in a manner that afforded grownups access while simultaneously limiting youth misuse and access. The National Organization for the Reform of Marijuana Laws (“NORML”) is a not-for-profit organization that advocates for the reform of cannabis laws for both recreational and medical use in the United States.

It is gratifying to find that states that have legalized the activities of licensed marijuana companies such as Cannabis Strategic Ventures Inc. (OTC: NUGS) are contributing to reducing the rates at which underage marijuana use takes place.

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

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 — Experts Include Hemp Among Fabric Options for Sensitive Skin

Hemp is one of the most versatile crops available. Outlawed for centuries because of its close relation to the ever-controversial marijuana, industrial hemp recently became legal when Congress passed the 2018 farm bill. The legislation allowed the cultivation and sale of industrial hemp and its derivatives as long as they contained less than 0.3% THC, the chemical in marijuana that makes users feel “high.” Since then, hemp has grown in popularity due to the alleged medical abilities of a chemical compound called CBD.

But while plenty of people know about CBD and its potential health benefits, not many are aware of the fact that hemp is an excellent fabric. Long before cannabis was outlawed and the drug war wreaked havoc across America, people were using fabric spun from hemp to make clothes, flags and even sails. Now that industrial hemp is no longer outlawed, hemp fabrics are making a comeback. With a lot of clothes on the market made of fabrics that are uncomfortable and irritate the skin, this couldn’t have come at a better time.

Generally, hemp is a lightweight, breathable durable fabric. Thanks to its high durability and absorbency, hemp can also make good towels though it isn’t as soft as high thread count cotton. Regardless, most experts agree that it is still superior to plenty of the synthetic fabrics on the market. Ajoy K Sarkar, a professor at the Fashion Institute of Technology, says natural fabrics such as hemp, cotton, cashmere, silk, linen and those made from wood pulp are the most skin friendly. As long as a fiber has good conductivity and wicking properties, which hemp does, it will be ideal for people with skin conditions.

Synthetic fibers such as acrylics, polyester, nylon and rayon, can have a negative effect on people with skin conditions such as dermatitis and eczema. These fabrics tend to be hydrophobic and trap moisture that can irritate the skin, unlike hemp which has water-wicking properties. If you have a skin condition, you should keep an eye on the fabrics your clothes are made of to avoid exacerbating the condition. As Sakar says, natural fibers would be the better option.

You may want to avoid natural fibers such as wool during the winter because these fibers can also result in skin reactions and make atopic dermatitis worse, he says. Fortunately, you can wear breathable fabrics such as cotton or hemp underneath wool and other synthetic fibers to keep warm and comfortable during the winter.

Fortunately for people with skin issues, many companies such as Flora Growth Corp. (NASDAQ: FLGC) now make hemp textiles so access to high-quality fabrics is no longer limited.

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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CannabisNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Building World-Class House of Brands

Flora Growth Corp. (NASDAQ: FLGC) recently signed a licensing agreement with Tonino Lamborghini that marked Flora Growth’s entry into the cannabis beverages market. Under the terms of the partnership, FLGC will produce and distribute Tonino Lamborghini-branded cannabis beverages across North America and Colombia. The product line, which will be produced in Florida for initial sale in U.S. states where cannabidiol (“CBD”) ingestibles are legal, will contain CBD and other premium cannabinoids, including cannabigerol (“CBG”). Tonino Lamborghini is a luxury brand operating in the high-end designer products, hotel, beverage and real estate segments. “We are excited to partner with such a well-known luxury brand as Tonino Lamborghini, which already boasts a very successful line of beverages and aligns with Flora’s portfolio of high-end products,” a recent article quotes Flora Growth CEO Luis Merchan as saying. “This partnership is yet another step in the execution of Flora’s strategic plan to build a world-class house of brands and is also a major component of our sales and distribution strategy in the lucrative U.S. market.”

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

About Flora Growth Corp.

Flora is a cannabis company that leverages natural, cost-effective cultivation practices to supply cannabis derivatives to its diverse business divisions of cosmetics, hemp textiles, and food and beverage. As the operator of one of the largest outdoor cultivation facilities, Flora strives to market a higher-quality premium product at below-market prices. By prioritizing natural ingredients and value-chain sustainability across its portfolio, Flora creates premium products that help consumers restore and thrive. 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.

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CannabisNewsBreaks – Marijuana Company of America Inc. (MCOA) Expanding Reach into New Regions, Leveraging Partnerships to Facilitate Growth

Marijuana Company of America (OTC: MCOA) has taken steps to extend its reach into new regions, including Latin America, and to leverage current strategic partnerships with several companies and its wholly owned subsidiaries to facilitate growth in an industry that continues to expand despite recent setbacks. Much like other industries around the world, the marijuana market was significantly impacted by the COVID-19 pandemic. The global cannabis market, which was valued at $22.1 billion in 2020, is expected to grow at a CAGR of 13.9% during the 2021 to 2026 forecast period. Companies that MCOA has partnered with include Cannabis Global Inc. (OTC: CBGL), Eco Innovation Group Inc. (OTC: ECOX) and Natural Plant Extracts. MCOA’s wholly owned subsidiaries include hempsmart(TM), cDistro and VBF Brands. “As the company expands into new regions around the world, it intends to utilize its resources and strategic partners’ success to continue diversifying its products and services and provide consistent value to its shareholders while securing a leading position on the legal cannabis and industrial hemp markets,” a recent article reads.

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

About Marijuana Company of America Inc.

Marijuana Company of America operates and invests in the cannabis sector directly. The company’s operations include C-Distro, one of the fastest growing distribution companies in the THC, Hemp and CBD cannabis industries, and hempsmart(TM), a premium CBD company. The company’s core mission is to leverage its experience and access to capital to identify and invest in acquisitions with unique growth potential. For more information, visit www.MarijuanaCompanyofAmerica.com.

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

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 — How Marijuana Firms Can Save on Product Packaging

The cannabis industry is one of the hottest sectors right now. Dubbed one of the fastest-growing industries in the country, cannabis has generated billions of dollars in sales in just a few short years and created hundreds of thousands of job opportunities. But thanks to the controversial nature of the plant, companies face restrictions that make navigating the business landscape difficult. Packaging, for instance, can be quite tricky as some jurisdictions have placed stringent packaging requirements on cannabis products.

Keeping product packaging costs low may require some creative thinking, but it isn’t impossible. MJBizDaily talked to a number of hemp and marijuana stakeholders about how they saved money on packaging, and they provided a treasure trove of information. Eric Leslie, the co-owner and chief marketing officer of Cheeba Chews in Boulder, Colorado, first cautions against going too cheap. It’s not always the most cost-effective tactic because going for cheap package providers may result in random defective units, print errors and inconsistent-looking packages.

Leslie says that even if you do land a cheap contract with a packaging provider, make sure you always have a backup option. Some suppliers will give you low-ball estimates to attract you then steadily raise the price on future orders. Having a competing bid from another supplier can keep the prices in check.

Shannon Reed, the chief marketing officer of Santa Monica, California-based Omura, says that you should opt for smaller, lightweight packaging. This will reduce storage space, shipping costs, and package production time, as well as being less wasteful.

Additionally, using a limited number of colors and print methods will reduce the overall amount of work needed to manufacture the packaging. Jonathan Persofsky, the cofounder and CEO of Toronto-based Green Gruff, concurs, saying that you should avoid excessive packaging as customers are becoming more conscious of their carbon footprints and are less likely to opt for wasteful products. Reed also talks about choosing the correct base material for your packaging; unsuitable paper may require extra interventions and additional tertiary packaging in the future.

Samip Shah, chief operating officer at C3 Industries in Detroit, says the quality and construction of the packaging material should be a top consideration. You want to protect the products inside from as much damage as possible, he notes. Keep it simple too, he adds.

Trent Woloveck, chief commercial director at Florida-based Jushi Holdings, is of the same opinion, stating that you should go for simple, attractive packaging. Flashy and colorful packages are both expensive and environmentally wasteful, he says. Your packaging of choice should be durable and look attractive to capture customers’ attention.

At the end of the day, he says, customers simply want an effective and high-quality product that’s affordable. If you saddle them with additional costs due to flashy, wasteful and expensive packaging, they will find another product that’s affordable and has a reduced environmental impact.

Such wasteful packaging may be hard to find among companies such as Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF), which are constantly looking out for additional ways to optimize every aspect of their operations.

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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