CannabisNewsBreaks – ‘Queen of Green’ Dr. Kara Coe Provides Business Update Relative to Virginia’s Momentous Policy Shift

The state of Virginia officially legalized the consumption and possession of recreational marijuana in July 2021, a momentous policy shift that followed the state’s opening of its medical marijuana market a little over a year ago. Forensic-psychologist-turned-entrepreneur Dr. Kara Coe, popularly known within professional cannabis circles as the “Queen of Green,” has been on the forefront of the Virginia cannabis movement, most recently through the launch of her diverse cannabis-focused business portfolio. Today, Dr. Coe provided an update on her business endeavors relative to Virginia’s recent recreational cannabis legalization. “Women nurture others by nature, so even though this is a male-dominated industry, it’s natural that a woman would harness the healing power of cannabis and develop products to help others on a global scale,” said Dr. Coe on her ambitions within the cannabis sector. “When I was in residency, Harvard Med didn’t even mention the cannabinoid system. I’m excited for the research and therapeutic interventions this new legislation will bring.”

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

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, D.C., 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.

For more information, follow Dr. Coe on Instagram, Facebook and Twitter.

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 — Former Attorney General Says US on the Path to Federally Decriminalizing Cannabis

Recently, Eric Holder spoke on a drug policy panel stating that the United States was on the path to decriminalizing cannabis federally as more states advance reform measures. Holder, the former U.S. attorney general who served under the President Barak Obama administration, stated that he was encouraged that the country was moving toward more tolerant laws on drugs that saw addiction as a public health issue.

Holder explained that the drug war had cost lots of taxpayer dollars and shattered livelihoods, noting that the society had begun to move in a different direction. Holder added that he was conflicted by efforts to decriminalize other illicit substances, including cocaine and heroin. The former attorney general revealed that he had a difficult time thinking about the decriminalization of these substances, which one could see had had a negative effect on individuals as well as the society at large. He also argued that the penalties for drug-related offenses could be lower, noting that judges should exercise more discretion when dealing with drug cases on a case-by-case basis, adding that mandatory minimum sentences for these offenses should be abolished.

The former attorney general has received credit from advocates for calling for deprioritizing the enforcement of cannabis federally. In 2013, the Justice Department issued the Cole memo, whichi discouraged federal prosecutors from going after individuals who were in compliance with state-legal marijuana laws.

However, activists also call attention to the fact that while Holder suggested that cannabis be federally rescheduled after he left office, he didn’t begin the process to enact the change in policy while he was still in office.

The panel, which was hosted by the Moritz College of Law at the Ohio State University, also centered on racial inequities in drug enforcement. The conversation was moderated by Douglas Berman from the institution. Other members of the panel included U.S. District Chief Judge Algenon Marbley, Ohio Supreme Court Chief Justice Maureen O’Connor and activist Piper Kerman. All the members of the panel agreed that the disparities illuminated the need for reform.

Marbley also stated that the federal government needed to align themselves with the states in regard to cannabis laws. He explained that most states in the country permitted the use of medical cannabis and those that were yet to allow for recreational cannabis use were headed in that direction, which meant that it was time for the federal government to get on board.

The decriminalization of cannabis at a federal level will go a long way toward making it easier for the industry and players such as Flora Growth Corp. (NASDAQ: FLGC) to reach their fullest potential of meeting the needs of the people in the different markets within which they operate.

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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420 with CNW — Financial Regulator Says Enacting Federal Cannabis Banking Laws Is Urgent

Cannabis is one of the most interesting industries in the country. Seen as one of the nation’s fastest-growing sectors, the cannabis space has been extremely lucrative, generating billions of dollars in sales revenue and creating hundreds of thousands of new job opportunities in just a few short years. However, beneath this veneer of success is a young industry that is buckling under a ton of issues, including the lack of access to financial and credit services.

Despite being allowed in more than two dozen states for medical and recreational use, cannabis is still illegal at the federal level, a situation this has had wide-ranging consequences. One of the most damaging is the fact that marijuana-related businesses (“MRBs”) lack access to financial services because banks and credit institutions shy away from working with them due to fear of federal repercussions.

Since federal authorities still haven’t updated banking laws to accommodate the cannabis space, MRBs cannot access electronic payment systems or secure commercial loans on reasonable terms. This means that they must operate on cash-only payment systems, which increases the risk of robbery and burglary, and they cannot pursue opportunities and grow, thanks to a lack of capital. With the federal government poised to discuss a bill that would federally decriminalize cannabis and provide provisions for legal sales, a financial regulator says that passing cannabis banking laws could not be more urgent.

Guidance from the Treasury Department’s Financial Crimes Enforcement Network (FINCEN) for financial institutions keen on working with licensed MRBs was last issued in 2014, underscoring the need for fresh, standardized banking policies for America’s cannabis industry. Rodney E. Hood, a member of the National Credit Union Administration, has requested the formation of a working group under the Federal Financial Institutions Examination Council (“FFIEC”) to develop uniform principles and standards for federal financial institution examinations. This would help create a government entity tasked with developing a preliminary regulatory framework that regulators could use to create the eventual system that would oversee cannabis banking.

The cannabis industry’s most pressing financial needs would be gaining access to deposit accounts, commercial loans at competitive interest rates and electronic payment systems to reduce reliance on cash payment systems. Once these obstacles are eliminated, tax-paying cannabis businesses will be able to operate just like any other legal, tax-paying establishments. But the caveat is that these policies have to be standardized and from the federal government; if not, states will pass their own cannabis banking policies, leading to a patchwork of banking regulations across the country that would take a significant amount of time and effort to detangle.

When enabling federal cannabis banking laws are eventually passed, even companies such as The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER), which may sometimes be mistaken for companies dealing in marijuana, will breathe a sigh of relief because more opportunities may open up for them.

NOTE TO INVESTORS: The latest news and updates relating to The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER) are available in the company’s newsroom at http://cnw.fm/WTER

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CannabisNewsBreaks – American Cannabis Partners Leveraging Complementary Business Segments

American Cannabis Partners (“ACP”), a sustainable Jamaican experience canna-business innovator, focusses on “assets, assets, assets” and then building out operations according to the company’s CEO , Stephen Jordan. This distinguishes American Cannabis Partners from others in the industry that often create a product first rather than initially building the critical infrastructure. “Complementary business segments hold this multistate cannabis company’s focus — real estate, acquisition and development of proprietary assets, and ongoing cultivation operations,” reads a recent article. “An important goal for 2021 is to bring the website fully online to capitalize on the company’s revenue and on building solid relationships with its consumers.”

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

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

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420 with CNW — Best Practices When Labeling Marijuana-Infused Products

With marijuana’s popularity growing by the day, plenty of companies have thrown their hats into the cannabis space for a taste of that sweet cannabis profit. But thanks to the industry’s complex regulatory landscape, some of them have adopted unscrupulous marketing, advertising and labeling practices, leading to several warnings from federal authorities.

For any cannabis business that would like to build a recognizable brand while staying out of the authorities’ radar, complying with the established rules is crucial. This is especially true when it comes to labeling marijuana-infused products, which still have a murky regulatory landscape and require careful execution.

The first thing you should do is to pick your product category. Based on guidance by the FDA’s Code of Federal Regulations (“CFR”), which provides labeling requirements for different classes of consumer-packaged goods, you can classify your product into categories such as foods, beverages, cosmetic products and dietary supplements.

Finding your product category is crucial as that indicates which CFRs you should follow, and you can do this with the help of Guidance for Industry: Food Labeling Guide, Cosmetics Labeling Guide, and Dietary Supplement Labeling Guide. Once you have chosen an appropriate product category, it’s time to look at state-specific regulations.

Although plenty of states now have hemp and cannabis markets, they each have different policies. What is legal in one state could be illegal in another, so it is essential that you study your state’s cannabis regulations before you slap a label on your products. For instance, Colorado allows sellers to package marijuana-infused drinks in clear packages while California does not. If you plan on operating in more than one state, you will have to study each state’s cannabis policies and label products meant for different markets based on their specific requirements.

Speaking of cannabis policies, do not make any health claims on your packaging. With the cannabis/hemp industry as underregulated as it is, the FDA has not yet released official labeling guidelines for cannabis products. However, the agency draws the line against making unsubstantiated medical claims on the packaging. The FDA has even issued several warning letters to companies making claims of relieving pain and inflammation, preventing arthritis, reducing anxiety, and treating opioid addiction. Even if you are marketing your product within the health and wellness segment, it would be in your best interests to avoid making any health claims.

As per your product’s Code of Federal Regulations, you will have to include certain things on your labelling. These include an identity statement, net quantity of contents, ingredient listing, allergen statement, nutritional facts panel (for food and beverages), distribution statement, storage requirements and dosage per serving.

For companies such as BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) that operate within the beverages and supplements segments, mastering a variety of applicable regulations is an art they have mastered in order to grow and thrive.

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 — Differences Between Indoor-Grown, Outdoor-Grown Cannabis

Telling the difference between marijuana grown indoors and outdoors can be a bit hard, unless you’re a marijuana connoisseur. There are pros and cons attached to these two growing methods, which means that learning about their differences could be beneficial, whether you simply want to get better at identifying marijuana you purchase or would prefer to grow your own.

Below, we look at the differences between indoor-grown and outdoor-grown marijuana:

Most cultivators prefer growing their cannabis indoors because it provides more control over factors such as water, temperature and light, among other aspects involved in cannabis cultivation. Growing marijuana outdoors leaves cultivators prone to varying factors such as unforeseen changes in weather.

However, growing indoors also consumes significant levels of energy, which means that in comparison with outdoor cultivation, you’ll have more utility expenses. Unlike indoor cultivation, outdoor growing is much more environment friendly because it requires less electricity and resources to grow, making it cheaper to produce. Outdoor cultivation also has a lower carbon footprint.

Indoor-grown cannabis also yields less in comparison with outdoor-grown cannabis. Despite the lower yield, however, indoor growing allows you to grow the plant year-round as long as one is in possession of the right tools and equipment, which makes it more convenient when compared to outdoor cultivation, which is limited by growing conditions and the current season.

Marijuana plants grown outside also require less adjustments in fertilizers, fungicides, pesticides and soil, with experts noting that there is no need to add nutrients to the soil if the plant is growing in a naturally fertile area. For instance, some of the best marijuana in the world can be found in Jamaica. The plant grows there with almost no amendments due to the sufficient sunlight, rain fall and soil.

This makes fertile soil a crucial factor to consider as well as use, given that good soil contains loads of micro and macronutrients like iron, copper, nitrogen, potassium and phosphorus, which are needed for the growth of healthy plants.

Marijuana plants grown outdoors are also more resilient to threats like pests in comparison to indoor grown plants, which makes them stronger, as well as healthier and more resistant to mildew and mold.

It should be noted that there exist strains of cannabis that are grown both outdoors and indoors, each of which affords consumers with a unique experience. Entities such as American Cannabis Partners have mastered how to optimize whichever cultivation method is most feasible in their areas of operation in order to produce premium products.

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 – InMed Pharmaceuticals Inc. (NASDAQ: INM) Announces Completion of BayMedica Acquisition

InMed Pharmaceuticals (NASDAQ: INM), a leader in the manufacturing and clinical development of rare cannabinoids, has finalized the acquisition of BayMedica Inc., a private company based in the U.S. specializing in the manufacturing and commercialization of rare cannabinoids for the health and wellness sector. INM had announced the acquisition earlier. According to the announcement, the acquisition provides capabilities and resources to accelerate InMed’s commercial initiatives, including the development and unveiling of several new cannabinoids products in the consumer health and wellness sector. The combined technologies include synthetic biology, chemical synthesis and IntegraSyn(TM), a patented enzymatic biotransformation. The company noted that, with the acquisition, it will become a market leader in the manufacturing of rare cannabinoids. “We are delighted to close this acquisition and welcome everyone at BayMedica to the InMed team,” said InMed president and CEO Eric A. Adams in the press release. “In the next several weeks, we will focus on corporate integration, exploring our combined manufacturing know-how and looking to accelerate revenue growth. BayMedica brings significant expertise and will help strengthen our pharmaceutical drug development efforts as well as position the company to become a global leader in the manufacturing of rare cannabinoids.”

To view the full press releases, visit https://cnw.fm/aeE8b

About InMed Pharmaceuticals Inc.

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

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CannabisNewsBreaks – BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE:7BC) Enters Agreement to Bring Averi’s Cannabis-Infused Concepts to Life

BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC), an emerging leader in innovative health and wellness beverages and products, has announced its entry into an agreement to manufacture and distribute white-label cannabis beverages for Averi Health Products. A new adult alternative beverage company founded by Terry Donnelly, creator and former CEO of the award-winning Hill Street Beverage Co., Averi will launch a portfolio of cannabis-infused beverages into the Canadian market. Under the agreement, Averi will leverage BevCanna’s extensive experience in producing beverages at scale as well as its sales license partnership for distribution to Canadian provincial buying groups. “Averi is a great example of this next generation of beverage creators that are coming to BevCanna to bring their cannabis-infused concepts to life,” said Melise Panetta, president of BevCanna. “Our white-label program gives these brands confidence that their beverages will be produced to the highest quality standards and widely distributed through our extensive Canadian network.”

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

About BevCanna Enterprises Inc.

BevCanna Enterprises is a diversified health and wellness beverage and natural products company. BevCanna develops and manufactures a range of alkaline, plant-based and cannabinoid beverages and supplements for both in-house brands and white-label clients. With decades of experience creating, manufacturing and distributing iconic brands that resonate with consumers on a global scale, the team demonstrates an expertise unmatched in the nutraceutical and cannabis-infused beverage categories. Based in British Columbia, Canada, BevCanna owns a pristine alkaline spring water aquifer and a world–class 40,000–square–foot, HACCP-certified manufacturing facility, with a bottling capacity of up to 210M bottles annually. BevCanna’s extensive distribution network includes more than 3,000 points of retail distribution through its market-leading TRACE brand, its Pure Therapy natural health and wellness e-commerce platform, its fully licensed Canadian cannabis manufacturing and distribution network, and a partnership with top U.S. cannabis beverage company Keef Brands. For more information about the company, visit www.BevCanna.com.

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About CanadianCannabisWire

CanadianCannabisWire (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 — Researcher Finds Alternative Use for CBD By-Product

Similar to the cannabis industry, the CBD industry is growing at a rapid rate, with forecasts showing that in less than a decade, the market will have a value in the billions.

CBD, or cannabidiol in full, is produced by extracting oils from hemp. It has different uses and is becoming popular as an alternative treatment to various health challenges. Researchers from Virginia Tech may have found a new use for these nonpsychoactive hemp oils: making plywood stronger.

College of Natural Resources and Environment undergraduate Emilie Kohler studied the possibility of using a by-product of the CBD extraction process as an agent in the production of materials such as structural composite lumber and plywood. Kohler found that pectin, which is a jelly-like substance that can be found in most plant cell walls, could be used as a modifier in adhesives for wood. The undergraduate, who is majoring in sustainable biomaterials science, conducted an analysis of pectin’s flow properties.

Currently, pectin is used in jams and jellies because of its tendency to form a gel that doesn’t flow easily. Director of the Wood-Based Composites Center at the institution, Professor Chip Frazier, stated that the hemp industry was providing new avenues for scientists looking for alternative biological materials.

Frazier, who supervised Kohler’s study, explained that presently the industry generated huge quantities of solvent-extracted hemp flower and, given that biomass is viewed as waste, it was a bit on the higher side to use it as a raw material. The study’s results are yet to be determined, but Kohler notes that pectin shows promise. She explained that pectin could be classified as low-methoxyl or high-methoxyl pectin.

Low-methoxyl pectin typically gels with calcium ions, which are commonly found in adhesives, while high-methoxyl pectin is used in jams and jellies because its sugar content enables it to gel.

Kohler is the institution’s Victor Clay Barringer Endowed Scholarship recipient. She explained that she discovered the field of biomaterials unintentionally, noting that she was excited to have contributed to research in an emerging area. She added that isolating pectin was a chance to gain a greater appreciation for the sustainable biomaterials field.

Frazier is Kohler’s mentor as well as the Thomas M. Brooks Professor of Sustainable Biomaterials at the institution. He notes that Kohler is qualified to take on this study.

Firms such as Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) making CBD products could soon have an avenue to use the wastes generated from CBD extraction processes.

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

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420 with CNW — Study Shows Lung Injuries Linked to Tainted Vapes Were Low in Legalized Cannabis Markets

In late 2019, the United States was rocked by an outbreak of severe lung illness that took 68 lives and left an estimated3,000 individuals with ill health. Authorities soon found out that the cause of this lung disease breakout was illegal black market cannabis vaping products containing vitamin E acetate, a synthetic form of vitamin E that was used as a thickening agent. Dubbed e-cigarette and vaping-associated lung injury (“EVALI”), the outbreak led to the pull-out of several cannabis products with artificial thickening agents such as vitamin E acetate. In addition, regulators are thinking of banning the use of such additives in cannabis products.

Now, a new federally funded study looking at the relationship between the prevalence of EVALI and state cannabis policies has revealed that the outbreak was significantly less severe in states with legal cannabis markets. Published in the “Drug and Alcohol Dependence” journal, the study found that EVALI was less prevalent in states where adult-use cannabis was legal or where medical marijuana patients were allowed to grow their own cannabis. States with recreational cannabis markets had 42% fewer EVALI cases, the National Institute on Drug Abuse-funded study revealed, while those that had medical marijuana markets where home cultivation was allowed had 60% lower EVALI incidence compared to medical marijuana states that didn’t allow home cultivation.

The report concluded that while there was a relationship between recreational marijuana laws and reduced EVALI incidence, the incidence of lung disease in medical marijuana states depended on “their policy attributes.” The states that had the highest EVALI incidence had either banned cannabis use outright or had medical cannabis industries that didn’t allow for home cultivation.

Penned by Abigail Friedman, a professor at Yale School of Public Health, and Megan Morean, a psychiatry research student at the Yale School of Medicine, the report is further proof of what cannabis reform activists have been saying: a legal cannabis market where products are regulated and tested for safety is much better than outright prohibition.

Outlawing cannabis will not reduce the demand; it will rather provide an avenue for black-market players to step in and provide products that are neither regulated nor tested for safety. And as we saw from the EVALI outbreak, it is the public that pays the ultimate price when there are no legal, registered sellers. As the report states, public demand for illicit products will decrease if consumers can obtain the substance legally from reputable sellers.

This research provides further proof that sector player such as Hero Technologies Inc. (OTC: HENC) aren’t only in business for profit but also indirectly protect public health.

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