CBDNewsBreaks – Hero Technologies Inc.’s (HENC) Cultivation Systems Producing High Plant Density with Minimal Environmental Impact

Hero Technologies (OTC: HENC) is committed to a strategic grow plan that produces high-efficiency, low-carbon-footprint crops. A recent Colorado State University (“CSU”) report observed that 80% of the one million pounds of marijuana grown annually in Colorado is produced indoors. Indoor cultivation requires energy intense grow lights, fans to circulate air and strengthen stems, carbon dioxide gas to increase plant growth, and sophisticated equipment to maintain a comfortable temperature and humidity. Considering that this energy primarily comes from fossil fuels, this form of artificial plant production may not be so environmentally friendly. “Hero Technologies cultivation systems, on the other hand, use a proprietary aeroponic cultivation system and high-tech sun chambers designed to produce high plant density and yields but with minimal environmental impact,” reads a recent article. According to HENC CEO Gina Serkasevich, the company anticipates that its systems could reduce operating costs by one-third or more. “In addition, we expect our cannabis cultivation technologies to produce optimal plant density and crop cycles for the lowest possible cost-per-yield, which is the biggest contributor to sustainability, efficiency and positive environmental impact.”

To view the full article, visit https://cnw.fm/VHR0i

About Hero Technologies Inc.

Hero Technologies is a cannabis company working toward a vertically integrated business model. The company owns a majority stake in BlackBox Systems and Technologies LLC, an aeroponic cannabis cultivation system that provides optimal growing conditions to enhance photosynthesis and cultivation of large flowering plants, creating increased harvest efficiencies. Hero Technologies’ strategic business plan includes cannabis genetic engineering, farmland for both medical and recreational cannabis cultivation, production licenses, distribution licenses, consumer packaging, and retail and dispensary operations that make the company a multi-state operator (“MSO”). For more information about the company, visit www.HeroTechnologiesInc.com.

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

About CBDWire

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

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420 with CNW — Study Finds Cannabis Legalization Has No Link to Increased Suicide, Mental Illness

Legalizing cannabis was always going to be a controversial move. After decades of prohibition and anti-marijuana propaganda, drug reform activists had a difficult task at hand, and opponents to drug reform did not make their jobs any easier.

While cannabis advocates said that decriminalizing cannabis would reduce incarceration rates for nonviolent drug offenses, create plenty of new jobs and generate tax revenue for states, opponents argued that doing so would open a Pandora’s box with untold consequences on society. They said that allowing cannabis sales would increase drug usage among teens, boost criminal activity, lead to an overall decline in mental health and increase suicide rates.

However, now that more than two-thirds of American states have legalized medical marijuana and 18 states allow recreational use, it is becoming more apparent that the fears of opponents were unfounded. As the states began allowing cannabis sales, initial studies found that cannabis reform did not have the detrimental effects that reform challengers feared.

According to a new study conducted by researchers from several institutions, there is no association between cannabis legalization and cases of increased mental illness or suicide. In fact, interestingly, the study found that cannabis legalization laws were associated with a 6.29% decrease in suicide rates among American males aged 40-49. Furthermore, cannabis has shown great promise in treating the symptoms of conditions such as anxiety and post-traumatic stress disorder, although further evidence is needed to say this conclusively.

This new study involved researchers from Yale Law School, Case Western Reserve University School of Medicine, Reason Foundation, Cato Institute and other institutions. These organizations wanted to evaluate whether the results of a 2013 study that looked at the correlation between cannabis legalization and mental illness were still accurate now that initial cannabis markets are maturing, and more states have launched their own cannabis markets.

To do so, the researchers performed a “state-level longitudinal analysis” using suicide rates provided by the National Center for Health Statistics as well as mental health morbidity rates from the National Survey on Drug Use and Health. The data used in the study had been collected from 1999–2019 and covered all 50 states and Washington DC. The researchers concluded that aside from the 6.29% reduction in suicide rates among males aged 40–49 years, cannabis legalization did not have any other mental health outcomes. The study is still undergoing peer review and is slated for publication.

Future studies on cannabis compounds could greatly benefit from the data analytics tools and plant medicine devices invented by RYAH Group Inc. (CSE: RYAH) given that those virtual tools aggregate significant research data.

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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 — Study Finds Marijuana Products May Help Manage Depression

Anti-anxiety and antidepressant medications have helped many who struggle with depression and anxiety over the years. However, the treatments aren’t effective in some individuals, which prompts them to look for alternative treatment options. New research has found that more individuals suffering from depression and/or anxiety are using marijuana products to manage their symptoms.

Results from prior studies on depression and marijuana are mixed, with a 2019 study reporting that teenage cannabis use was linked to depression. However, some synthetic or isolated components of marijuana have demonstrated a short-term decrease in anxiety.

This new study was led by Erin Martin, a neuroscientist from the Medical University of South Carolina. It recruited more than 500 participants, 170 of whom did not use marijuana.

The team administered an online survey that asked various questions regarding the participants’ use of marijuana, chronic pain issues, quality of life, sleep, depression and anxiety. The researchers utilized the Hospital Anxiety and Depression Scale (“HADS”) to examine each of the participants’ experiences. On this scale, a score can be as high as 20, but any score above 8 signals clinical concern.

The researchers found that the individuals who were consuming marijuana products had lower levels of depression, noting that a bigger proportion of those who consumed marijuana also scored less than eight on the HADS scale in comparison to the control group. Marijuana users also reported that their quality of life was higher and that their sleep was better in the last month in comparison to the control group.

In addition, in follow-up studies, the researchers found that the anxiety of a fraction of the those who hadn’t used decreased when they consumed marijuana. Furthermore, the researchers discovered that the effect of the plant was potent among individuals who used products with higher amounts of CBD in comparison with THC products.

In their report, the researchers note that, at baseline, no effect of medicinal marijuana use on anxiety was observed. They added that marijuana’s potency wasn’t impacted by individuals who consumed conventional antidepressants.

The study had various limitations, including the fact that this was a self-reported questionnaire, which makes it more difficult to find out the exact effects of the drug. The researchers note that more research is needed to find out whether individuals who can’t or don’t want to take anti-anxiety and antidepressant medications could do so without repercussions.

It should be noted that the study’s data isn’t a recommendation to quit the use of prescribed medications and use marijuana as a depression or anxiety buster. The study was reported in “Frontiers in Psychiatry.”

This research makes a strong case for giving cannabis and CBD medicinal in particular, including those manufactured by entities such as Simply Sonoma Inc., a closer look to ascertain their potential medical benefits.

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CannabisNewsBreaks – Sprout AI Inc. (CSE: BYFM) Provides Shareholder Update, Announces New Ticker Symbol, Issues Clarification on Previous Press Release

Sprout AI (CSE: BYFM), a technologically focused, sustainable vertical farming company, has developed scalable, AI-controlled aeroponic cultivation habitats and technology that provides solutions to the ever-increasing complexities surrounding current and future needs of a sustainable global food production and supply chain. As referenced in its Oct. 21 press release, the company confirms that it is not aware of any material, undisclosed corporate developments and has no material changes to report at this time. Sprout AI would like to assure its investors that the trading volume and resulting downward pressure that took place in October is not a reflection of the company’s financial health or future business opportunities. Sprout AI has consistently met and superseded key performance indicators (“KPIs”) set by its team and continues to work diligently on opportunities that will bring both revenue and shareholder value. Sprout AI released its third quarter financial statement and MD&A on Nov 1, 2021, in which it highlighted transitioning from primary reliance on equity financing to reliance on non-refundable client deposits and anticipates its working capital will continue to improve. In addition, the company announced that, effective Nov. 5, 2021, it officially commenced trading under the symbol BYFM on the Canadian Securities Exchange (“CSE”).

The company also issued a clarification at the request of the Investment Industry Regulatory Organization of Canada (“IIROC”) and the CSE following its Oct. 28, 2021, press release. The company wishes to convey that the Oct. 28 press release had not been reviewed prior to its dissemination by IIROC and the CSE. In the release, the company identified potential investor confusion related to the SPRT symbol used in the United States for a NASDQ-listed issuer unrelated to Sprout AI. The company also stated that “NASDAQ: SPRT undertook a substantial short position that resulted in the stock halting trading.” Sprout AI wishes to clarify that Support.com (NASDAQ: SPRT) was halted from trading due to volatility during a merger that took place in September 2021. Sprout AI CEO Chris Bolton previously stated that IIROC “is reviewing the information provided concerning explanations for this unexpected sell-off. . .” The company clarified that it had submitted multiple concerns to IIROC and received an acknowledgment of the submission and regrets any implication that IIROC had validated or given merit to any of the allegations submitted by Sprout AI to IIROC related to any claims previously announced by the company. In addition, in its Oct 28. news release, Sprout AI discussed its request to change its ticker symbol, referencing three symbol choices at the time of listing. The company recognizes that the listing exchanges in Canada and the U.S. do not coordinate symbols in the symbol assignment process. The CSE, therefore, has reserved BYFM as Sprout AI’s new symbol, which is not currently in use in Canada or the U.S.

To view the full news releases, visit https://cnw.fm/Bue6p and https://cnw.fm/b4Au3

About Sprout AI

Sprout AI is a vertical farming technology company in the business of planning, designing, manufacturing and/or assembling sustainable and scalable AI-controlled vertical cultivation equipment for indoor vertical farming. The adaptive technology produces an environment with improved growing parameters and early detection of adverse conditions resulting in consistent and repeatable crops, with shorter cultivation cycles independent of geographic climates. The self-contained multilevel rolling rack technology increases the cubic cultivation area while mitigating the risk of outside and cross-contaminants. For more information about Sprout AI, please visit www.SproutAI.solutions.

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 – Sugarmade Inc. (SGMD) Lemon Glow Subsidiary Takes Step Toward Commercial Cannabis Cultivation

Sugarmade (OTC: SGMD), an emerging leader in the vertically integrated cannabis marketplace based in California, through its wholly owned subsidiary Lemon Glow, has been granted a conditional use permit (“UP”) number from the Lake County, California, Community Development Department. The company notes that this permit takes the company one step closer to obtaining a UP for commercial cannabis cultivation. SGMD acquired Lemon Glow and its 640-acre property , along with other assets, interests and rights, earlier this year. According to the company, once necessary approvals and permits are obtained, a portion of the property will be approved for outdoor cannabis cultivation; company officials estimate that the potential for annual cultivation yield may be as high as 4,000 pounds of dry trimmed cannabis flower per acre annually, or an estimated 128,000 pounds in total. The company is now focused on obtaining the requisite approval from other local and state regulatory authorities in California. “We are excited to see the process moving forward for our Lemon Glow property, which represents an important strategic asset as we further verticalize our overall model,” said Sugarmade CEO Jimmy Chan in the press release. “Our vision is ‘seed to door,’ which would separate us from other players in the California cannabis marketplace, given that we have already established a leading and growing presence in the cannabis delivery market and have set in motion a process to control our own supply chain. Ramping up our cultivation resources is a significant step in fully leveraging a vertical model to drive shareholder value through margin gains.”

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

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(TM), NUG Avenue, Lemon Glow and Budcars. For more information about the company, 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/SUGAR

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420 with CNW — Hemp Set to Disrupt the Construction Industry

The most popular building materials today are wood, steel and concrete. While engineers and architects utilize these materials almost by default, a new material on the market may soon shift their interest.

Hemp has been growing in popularity for its many uses, including as a building material. The plant is a nonpsychoactive form of the marijuana plant that has been used for a long time to manufacture bioplastics, insulation and rope, as well as other industrial products due to its rapid growth and strength.

Hemp is becoming a viable option for building, given its differences from and similarities to wood. Its favorable carbon footprint has also helped increase its use in construction.

The plant was legalized under the amended 2018 Farm Bill, which heightened interest in the plant from product manufacturers and entrepreneurs.

Hemp can be grown in about 90 to 120 days, which is 100 times faster than an oak tree. This is in addition to isolating four times more carbon than a forest that is similarly sized. The plant absorbs roughly 20 metric tons of carbon per hectate, which is doubled by its ability to be harvested twice a year.

Many building products made from this plant use its fibers in different ways, including strengthening cementitious materials and weaving textiles. Companies such as Fibonacci, a supplier of hemp products, also manufacture furniture, frames, cabinets, flooring and lumber using hemp. The company’s objective to recreate density, hardness and stability of oak in a hardwood-like material. The hemp product manufacturer notes that its material, dubbed HempWood, is almost twice as strong as oak.

Plantd, a hemp startup based in North Carolina, also recognizes the plant’s considerable carbon performance and strength, with its cofounders Huade Tan and Josh Dorfman noting that this makes the plant an optimal material for use in residential building applications. The company is planning to manufacture hemp-based oriented strand boards, which the Tan and Dorfman claim will be less expensive.

Oriented strand board (“OSB”) is a material possessing favorable mechanical properties that make it ideal for load-bearing applications in construction.

In the short term, hemp may struggle to compete with wood, steel and concrete, as its building products are still confined to interior applications and shorter spans. However, in the long term, it will begin to compete with these popular building materials, especially in the residential construction space. At the moment, its popularity continues to grow, driven by the recent lumber scarcity that has led to a hike in lumber prices.

Hemp isn’t just proving its value in the CBD and construction segments; entities such as Flora Growth Corp. (NASDAQ: FLGC) are showing just how superior hemp textiles can be, and the market is taking note of this new fabric grabbing headlines.

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420 with CNW — Cannabis Industry Emerges Stronger Out of the Pandemic

The coronavirus pandemic has been a once-in-a-lifetime disaster that claimed millions of lives and left the world economy crippled and struggling to recover. Considered by most experts to be the worst economic crisis since the Great Depression, COVID and the subsequent lockdowns dealt a great blow to commerce, forcing millions of factories and businesses across the world to close their doors as countries locked down their borders and passed lockdown protocols.

Airlines and companies in the hospitality sector were the most affected, shouldering most of the job losses caused by the pandemic. The economic damage caused by nearly a year of slowed commerce and disrupted supply chains to such industries will be felt for quite a while, a report from the United Nations Conference on Trade and Development says.

However, one sector that seems to have emerged from the pandemic relatively unscathed is cannabis. While several sectors were forced to reduce or halt their operations, most states with legal cannabis markets deemed the industry essential, allowing cannabis businesses to continue their operations despite lockdown orders. Some states even allowed online ordering, curbside pickups and deliveries to reduce the risk of infection for both staff and customers. As a result, the nascent industry saw booming sales over the course of 2020, with states such as Colorado that have already-established cannabis markets reporting record sales.

Data shared at last week’s MJBizCon from Marijuana Business Daily shows that customers purchased $20 billion worth of cannabis last year, with cannabis sales projected to hit $26 billion this year and a whopping $45.9 billion in 2025. Chris Walsh, CEO and president of MJBizDaily, says that the nearly $46 billion projection would make America’s state-legal cannabis sector larger than the country’s craft beer sector.

More than two-thirds of the states in the country have legalized medical marijuana, and 18 states allow recreational use so it’s no surprise that the controversial drug is selling like crazy. Coronavirus lockdowns left customers stuck at home bored, anxious and, more often than not, flush with stimulus money. Turning to cannabis was a no-brainer for many of them, especially to deal with the fear, anxiety and stress caused by the pandemic.

According to Walsh, what is happening to the cannabis space is more than just a “COVID boost.” Cannabis sales have continued to accelerate, notably in states with established markets such as Colorado, Oregon and Washington, and he notes that this is a sign of the industry maturing. Even so, cannabis still has to overcome issues such as zero federal guidance, a massive black market, and limited access to financial services.

The resilience shown by the marijuana industry amid the pandemic is testament to how much companies such as American Cannabis Partners can grow once the regulatory landscape in which they operate at the federal level undergoes an overhaul away from the prohibitive stance which has lasted for decades.

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CBDNewsBreaks – Endexx Corporation’s (EDXC) Popular Blesswell(TM) to Hit Shelves of Major Retail Chain

Endexx (OTC: EDXC), a provider of innovative hemp-derived cannabidiol (“CBD”) wellness and health products, today announced its receipt of a vendor number and cleared compliance with a major well-known drug chain for the placement of its BlessWell(TM) product line. Endexx has already begun the process of preparing products for shipment and placement by year-end into the national chain, and the initial arrangement will target approximately 1,000 stores in North America. The men’s skin care line, Blesswell, launched in May 2021 with famed record producer and music mogul, DJ Khaled. Blesswell has received high praise and mass exposure recently as many celebrity influencers have mentioned the product on social media. In addition, Chicago saw the successful launch of a large-scale, Blesswell pop-up store. Endexx’s goal for Blesswell is continued nationwide expansion, both in retail as well as barbershops.

To view the full press release, visit https://cnw.fm/bKy0A

About Endexx Corporation

Endexx, through its operating division CBD Unlimited Inc., develops and distributes all-natural CBD products derived from the cannabis sativa plant (hemp), containing less than 0.01% THC. Under its four major brands: CBD Unlimited, Phytobites, Maggie’s, and BlessWell, its products range from oils, capsules, topicals and pet products, all with the shared purpose of therapeutic and pain relief for humans and pets. PhytoBites are CBD soft chews for animal use that are formulated to promote health and support the reduction of separation anxiety, pain and inflammation. The science behind these products involves over half a decade of clinical research in the field and lab work to provide accuracy in dosage and delivery of optimal absorption per serving. For more information about the company, visit www.Endexx.com.

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CannabisNewsBreaks – Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Announces Entry into Phase 2 of Florida Expansion

Red White & Bloom Brands (CSE: RWB) (OTCQX: RWBYF), a multistate cannabis operator and house of premium brands, has officially entered phase 2 of its Florida expansion plan. According to the update, the plan is ahead of schedule with this week’s delivery of 30 modular grow pods to Red White & Bloom Florida LLC (“RWBFL”), a Red White & Bloom Brands subsidiary, at its Apopka, Florida, cultivation location. Phase 2 started with the commissioning and OMMU approval of five pods that have been loaded and are growing plants. RWBFL is fast tracking the remaining 25 pods and expects to have them operational no later than Dec. 1, 2021. “Our Red White & Bloom Florida team has been on time, on target and under budget with the execution of every step of our aggressive three-phase development strategy for our two cultivation centers in Florida,” said Brad Rogers, CEO of Red White & Bloom. “With the delivery of the grow pods and anticipated launch date of Dec. 1st, we are ahead of schedule and on our way to adding $30 million in revenue annually from the pods. Coupled with our cultivation and processing in Sanderson, the additional product will ensure Red White & Bloom has the needed inventory to fulfill inventory requirements at our HT Medical Cannabis dispensary in Springhill and for the next three dispensaries opening in the first quarter of 2022. The locations of the three dispensaries are St. Petersburg, Daytona and Miami Beach.”

To view the full press release, visit https://cnw.fm/MIT00

About Red White & Bloom Brands Inc.

The company is positioning itself to be one of the top three multistate cannabis operators active in the U.S. legal cannabis and hemp sector. RWB is predominantly focusing its investments on the major U.S. markets, including Michigan, Illinois, Massachusetts, Arizona and California with respect to cannabis, and the U.S. and internationally for hemp-based CBD products. For more information about the company, visit www.RedWhiteBloom.com.

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420 with CNW — Florida Judge Rules That Ordering Medical Cannabis Online Is Legal

Last week, an administrative law judge issued a ruling stating that medical cannabis operators and patients who use medical cannabis in the state of Florida could resume selling and buying cannabis products online.

Up until February of this year, most medical cannabis operators in the state relied on a popular e-commerce marijuana company I Heart Jane and Leafly to offer online shopping services to patients who use medical cannabis in Florida. However, state health officials prohibited these operators from using third-party sites such as Leafly to process medical cannabis patient orders, arguing that they were in violation of state laws which prohibited operators from contracting for services directly associated with the growing, processing and dispensing of marijuana. The Department of Health issued a memo that same month that stipulated that the department would impose a $5,000 fine on any continuing to use these services.

The memo stated that these services were banned under a 2017 legislation that established a structure for the Florida marijuana industry. The law stipulates that medical cannabis operators should control all aspects of the business including the growing, processing and dispensation of its products, instead of allowing other companies to handle individual components of the business.

The then-chief of staff at the Department of Health, Courtney Coppola, noted that contracting with third-party websites for services directly associated with cannabis dispensation was a violation of this provision. However, Leafly Holdings refuted this claim, noting that it wasn’t engaging in activities associated with the dispensation of marijuana products because it didn’t distribute these products to patients or accept payment for the product.

The Seattle-based company filed a petition requesting the administrative law judge to decide whether the Department of Health in the state of Florida used an invalid law to conclude that the company’s online services violated the law. Judge Suzanne Van Wyk, who presided over the case, gave the ruling on Monday and ordered that the state agency discontinue reliance on its policy with immediate effect.

Leafly and other sites enable patients to see product availability, compare prices and shop online from dispensaries. Patients who order their products online are notified when their orders are ready. However, patients have to pick up the products and pay for them in person at their preferred dispensary location. Licensed medical marijuana treatment centers pay these e-commerce companies for ordering, advertising and marketing services on a subscription basis.

Such lawsuits and rulings help to clarify the boundaries of what is legal and what isn’t for all sector players, including Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF), and consumers are the ultimate winners when everyone is playing by the same rules.

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