420 with CNW — Congressional Legislators Advance Spending Bills Containing Protections for Universities, Medical Cannabis Programs

The cannabis industry has been in a tense state of anticipation since President Joseph Biden came into office. Although Biden has made it clear he supports medical cannabis and giving states the ability to do what they want, he doesn’t support federally legalizing recreational cannabis. Conversely, Senate Majority Leader Chuck Schumer has said he is currently working on cannabis legislation that he says he will advance with or without the president’s approval; however, reform advocates and industry stakeholders would like to see that legislation come sooner rather than later.

As such, cannabis reform proponents and industry stakeholders will be happy to hear that Congressional lawmakers have again included several cannabis-related provisions in spending legislation, including protections for states that have launched medical cannabis programs. The past couple of weeks have seen lawmakers pass spending legislation for fiscal year 2022 and attached reports that will have significant impact on the state legal cannabis sector moving forward. Last week the House Appropriations Committee approved two bills in subcommittee that contain language preventing the Justice Department from intervening in state-legal medical cannabis programs that use tax dollars and that protect state legal hemp programs from federal interference.

One measure that has been included in federal legislation since 2014 prevents the Justice Department from using tax dollars to interfere with state-legal medical cannabis programs. However, it is unclear whether lawmakers will include and champion an amendment that would offer the same protections to state-legal recreational markets. While the House approved such amendments in 2019 and 2020, those amendments weren’t attached to the final bills that were sent to Donald Trump’s desk, who was president at the time, because they had not been included in the Senate versions of the bills.

Another longstanding provision, which was included in the Commerce, Justice, Science and Related Agencies (“CJS”) spending bill, would prevent the Department of Justice and the Drug Enforcement Administration from meddling in state-legal hemp programs. Specifically, the provision states that none of the funds provided by the spending bill it is attached to can be used to interfere with hemp programs legitimized by section 7606 of the Agricultural Act of 2014. Furthermore, another attached provision says that states and localities that insist on maintaining policies that allow no-knock warrants for drug-related cases will be ineligible for certain law enforcement grants from the federal government.

Additionally, members of the House Labor, Health and Human Services, Education and Related Subcommittees advanced a spending bill that contained language that would prevent the Department of Education from denying institutions that research or plan to research marijuana funding.

It would be even better for the entire cannabis industry with all its actors, including The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER), if Congress moved a step higher and initiated the legalization of cannabis federally so that companies can transact without needless hurdles such as the challenges in securing banking services.

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

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 – The Alkaline Water Company Inc.’s (NASDAQ: WTER) (CSE: WTER) Alkaline88 Water to be Available in Over 800 Gyms Nationwide via Distribution Agreement

The Alkaline Water Company (NASDAQ: WTER) (CSE: WTER), a producer of premium bottled alkaline water, flavor-infused waters and CBD-infused products sold under the brand names Alkaline88(R), A88 Infused(TM) and A88CBD(TM), today announced that it has secured a distribution agreement with Premier Distribution Services (“PDS”). Per the terms of the agreement, PDS will distribute the entire Alkaline88 bottled water to over 800 gyms, personal training studios, smoothie bars and sports nutrition stores across the country. “This is a wonderful opportunity for the company as Premier Distribution Services will be carrying all of our Alkaline88(R) bottled waters in coolers across the country. It will help us introduce and drive the trial of our new 2-liter, aluminum, and flavor-infused SKUs. It will also allow for the chilled on-premise purchase of the country’s favorite premium gallon water, Alkaline88,” The Alkaline Water Company President and CEO Ricky Wright stated in the news release. “This is a great partnership for both parties. PDS’s clients will be able to offer health-conscious gym-goers the Smooth Hydration(TM) of Alkaline88, the Clean Beverage(TM). While PDS continues to execute their growth plan, we’ll expand with them in health and fitness venues across the country. As we plan to mobilize our first broadly-distributed traditional marketing campaign with Shaquille O’Neal later this year, more and more people will be looking for our brand as their go-to choice to rehydrate during their workouts. The timing couldn’t be any better.”

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

About The Alkaline Water Company

Founded in 2012, The Alkaline Water Company (NASDAQ and CSE: WTER) is headquartered in Scottsdale, Arizona. Its flagship product, Alkaline88(R), is a leading premier alkaline water brand available in bulk and single-serve sizes along with eco-friendly aluminum packaging options. With its innovative, state-of-the-art proprietary electrolysis process, Alkaline88(R) delivers perfect 8.8 pH balanced alkaline drinking water with trace minerals and electrolytes and boasts our trademarked label ‘Clean Beverage.’ Quickly being recognized as a growing lifestyle brand, Alkaline88(R) launched A88 Infused(TM) in 2019 to meet consumer demand for flavor-infused products. A88 Infused(TM) flavored water is available in six unique all-natural flavors, with new flavors coming soon. In 2021, The Alkaline Water Company was pleased to welcome Shaquille O’Neal to its board of advisors and to serve as the celebrity brand ambassador for the Alklaine88(R) and A88 Infused(TM) brands. To purchase Alkaline88(R) and A88 Flavor Infused products online, visit www.Alkaline88.com. To learn more about The Alkaline Water Company, visit www.TheAlkalineWaterCo.com or connect with the company on Facebook, Twitter, Instagram, or LinkedIn.

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

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 – Why Lexaria Bioscience Corp. (NASDAQ: LEXX) Is ‘One to Watch’

Lexaria Bioscience Corp. (NASDAQ: LEXX) is the global innovator behind the patented DehydraTECH(TM) technology. DehydraTECH increases the effectiveness of lipophilic (fat-soluble) drugs and active ingredients and improves the way active pharmaceutical ingredients enter the bloodstream. It speeds up delivery, increases bioavailability, increases brain absorption, improves drug potency, reduces drug administration cost and masks unwanted taste. A recent article reads, “Lexaria licenses its technology to other companies around the world to offer consumers the best possible performance across an array of ingestible product formats. The company’s technology is best thought of as an additional layer that providers of consumer supplements, prescription and non-prescription drugs, nicotine and CBD products can utilize to improve the effectiveness of their own existing or planned new offerings.” Led by an experienced management team, Lexaria is focusing its ongoing research and development efforts on developing product candidates across several key billion-dollar segments: oral cannabinoids, antivirals, oral mucosal nicotine, human hormones, ibuprofen and Naproxen, and vitamin D3. The antivirals segment, for example, is “an estimated $52.1 billion market in 2021 that’s expected to grow to $66.7 billion by 2025.”

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

About Lexaria Bioscience Corp.

Lexaria Bioscience’s proprietary drug-delivery technology, DehydraTECH(TM), improves the way active pharmaceutical ingredients (“APIs”) enter the bloodstream by promoting healthier oral ingestion methods and increasing the effectiveness of fat-soluble active molecules, thereby lowering overall dosing. The company’s technology can be applied to many different ingestible product formats including foods, beverages, oral suspensions, tablets and capsules. DehydraTECH has repeatedly demonstrated, since 2016 with cannabinoids and nicotine, the ability to increase bioabsorption by up to 5 to 10x, reduce onset time of one to two hours to minutes, and mask unwanted tastes; DehydraTECH is also planned to be further evaluated for orally administered bioactive molecules, including antivirals, cannabinoids, vitamins, non-steroidal anti-inflammatory drugs (“NSAIDs”) and nicotine. Lexaria has licensed DehydraTECH to multiple companies, including a world-leading tobacco producer for the development of smokeless, oral-based nicotine products and for use in industries that produce cannabinoid beverages, edibles and oral products. Lexaria operates a licensed in-house research laboratory and holds a robust intellectual property portfolio with 19 patents granted and approximately 60 patents pending worldwide. For more information, visit the company’s website at www.LexariaBioScience.com.

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

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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CannabisNewsBreaks – BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE:7BC) Responds to Soaring Consumer Demand for TRACE Products

BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC), a diversified health and wellness beverage and natural products company, inked two new distribution deals, significantly expanding its North American footprint for its TRACE lineup of alkaline and mineral-infused water products. The deals — with Koyo Foods, one of the largest health food distributors in Eastern Canada, and Benefit Brand Management, a leading wholesaler of natural products in the United States — grew BevCanna’s initial distribution network and fueled demand for the products. “In response to consumer demand for take-home and value-priced options, BevCanna is launching new TRACE multi-packs in national retailers across Canada. . . . ‘We’re pleased that the consumer demand for the TRACE line of alkaline and mineral-infused water products has taken off so quickly,’ said Melise Panetta, president of BevCanna. ‘The addition of new multi-pack options reflects the very positive response we’ve seen in the Canadian marketplace to our wellness-focused range of products,’”

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

About BevCanna Enterprises Inc.

BevCanna Enterprises is a diversified health and wellness beverage and natural products company. BevCanna develops and manufactures a range of 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, BevCanna owns a pristine alkaline spring water aquifer and a world-class, 40,000-square-foot, HACCP-certified manufacturing facility, with capacity of up to 210 million 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 number-one U.S. cannabis beverage company Keef Brands. For more information about the company, visit www.BevCanna.com.

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

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 – Golden Triangle Ventures Inc. (GTVH) to Debut New ‘Armageddon’ Event Featuring Unique ‘End-of-the-World’ Theme

Golden Triangle Ventures (OTC: GTVH) (“GTV”), a multifaceted consulting company pursuing ventures across health, entertainment and technology industries, today announced the launch of Armageddon — its debut event series. Armageddon will be organized by GTVH’s Entertainment Division through Lavish Entertainment Inc. DBA EpicRaves. The event is slated to take place on Sept. 17, 2021, at Sahara Event Center, and feature a full Hennessy Sound Design audio system and an “epic” stage production complimented by a unique “end-of-the-world” theme that will be unlike anything the company has organized in its history. “We will deploy the largest Hennessy Sound Design system Las Vegas has ever seen in history for this amazing event, and we are going to curate a theme to our epic production unlike anything we have ever done in the past,” said Steffan Dalsgaard, CEO of Golden Triangle Ventures. “Most of the headliners on our lineup have never played for this city and we are so excited to debut our new Armageddon event this September.”

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

About Golden Triangle Ventures Inc.

Golden Triangle Ventures (“GTV”) is a multifaceted consulting company pursuing ventures in the health, entertainment and technology industries, with many additional projects being developed that provide synergistic values to these divisions. The company aims to purchase, acquire and/or joint venture with established entities that management can help assist and develop into unique opportunities. Additionally, GTV provides a professional corporate representation service to different companies in these sectors while consulting on a variety of business development objectives. The goods and services represented are driven by innovators who have passion and commitment to these marketplaces. The company plans to utilize relationships and create a platform for new and existing businesses to strengthen their products and/or services. The three points of the Golden Triangle exclusively represent these three sectors in which the company aims to do business. For more information, visit the company’s website at www.GoldenTriangleInc.com.

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

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 – National Hemp Month: What You Need to Know About This Celebration

After decades of prohibition, the 2018 Farm Bill legalized the cultivation and sale of industrial hemp and its derivatives. Less than five years later, hemp has become a booming industry: hemp lends itself to a wide variety of industries, from health and wellness and nutrition to textiles and construction. The global hemp industry is growing rapidly, with experts expecting it to be worth $36 billion by 2026.

But unbeknown to many, despite all the mainstream attention hemp has been getting, July is National Hemp Month, with July 17–23 being Hemp History Week. National Hemp Month was initiated by cannabis firm cbdMD on Feb. 4, 2019, to clear up the myths and misconceptions surrounding hemp-based products and promote their benefits. Conversely, Hemp History Week is hardly new, having been initiated nearly 11 years ago when Vote Hemp and the Hemp Industries Association felt that it was time to start celebrating hemp’s rich history.

While most Americans only became aware of hemp once the 2018 Farm Bill legalized it and products made from hemp-derived CBD (cannabidiol) became increasingly popular, hemp has been part and parcel of America’s history since before the country’s founding. Back when the American colonies were under British rule, hemp products were in high demand, and soon Americans were manufacturing their own hemp products and steadily importing less from Britain. In the early 1700s, spinners and weavers from Ireland showed the locals how to make even finer hemp fabrics, and in 1765, the Boston Stamp Act led to the boycott of British products.

This left the supply of hemp products in the hands of the colonists, who were soon making clothes, paper, currency, ropes and even ship sails out of hemp. However, more than a century later, the Bureau of Prohibition outlawed hemp in the 1930s, a move that many historians suspect had economic and political ties to cotton, timber and cannabis. Hemp and cannabis were demonized in the public’s eyes, often treated as the same plant, and until 2018, hemp was illegal.

National Hemp Month is aimed at teaching the public this rich history, especially regarding the important role hemp played in America’s early days. On top of that, it is meant to spread word of hemp’s environmental, sustainability and health benefits, its potential for regenerative agriculture, and how technological advancements have widened the scope of what hemp can do. While the hemp sector has made great strides since 2018, it still has a long way to go. cbdMD and the entire industry hopes that by increasing awareness of hemp’s benefits, teaching its rich history and dispelling the myths surrounding it, hemp can regain some of the glory it once had.

This month provides an opportunity for all companies with an interest in the hemp sector, including Grapefruit USA Inc. (OTCQB: GPFT), to reflect on how far the industry has come and what more needs to be done to address the challenges it still faces.

NOTE TO INVESTORS: The latest news and updates relating to Grapefruit USA Inc. (OTCQB: GPFT) are available in the company’s newsroom at http://cnw.fm/GPFT

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 — Coalition Publishes White Paper Urging Feds to Legalize Marijuana

While America’s state legal cannabis industry has grown steadily, creating hundreds of thousands of new jobs and generating billions in revenue, federal law still classifies cannabis as a Schedule I controlled substance. President Joseph Biden has said that, while he supports medical marijuana and giving states the ability to decide how to treat cannabis themselves, he is not behind federal legalization of recreational cannabis. Even though Senate Majority Leader Chuck Schumer has said that he is working on federal cannabis legislation and will advance it with or without the president’s support, the Democrats’ window for passing federal cannabis reform is closing.

Consequently, a bipartisan coalition of advocacy groups and businesses has issued a white paper urging the federal government to legalize recreational cannabis. The 14-page white paper, published last week by the Cannabis Freedom Alliance, expressed the group’s frustration with President Biden’s stance on cannabis, which was recently witnessed after sprinter Sha’Carri Richardson was excluded from the U.S. Olympics team for using cannabis. Richardson, who reportedly used cannabis in Oregon, which allows adult use, was expelled from the team when her drug tests came back positive for cannabis.

Regarding the U.S. Anti-Doping Agency’s decision to invalidate the results of her 100 meter run at the Olympic trials and suspend Richardson for 30 days, Biden says “rules are rules,” adding that the question of the rules being changed is an altogether different subject. However, the inconsistencies between state and federal law, points out executive director of the Drug Policy Alliance Kassandra Frederique, leave people such as Richardson “stuck in the middle,” having to decipher unclear rules and often suffering the consequences for life.

The Cannabis Freedom Alliance advises removing marijuana from the Controlled Substances Act to resolve the issues caused by the inconsistencies between state and federal cannabis law. According to the white paper, the alliance hopes to establish a comprehensive regulatory structure that focuses on research, innovation and public safety; give the victims of the drug war, especially those with nonviolent cannabis related charges, a leg up in the legal market; and ensure the market has minimal barriers to entry, allowing both entrepreneurs and large companies an equal chance.

The coalition would also like to keep the tax burden on the cannabis market low to prevent customers from going to the illicit market for lower-priced products. This would deal the criminal enterprises behind the black market a major financial blow while ensuring the growth of the legal industry. Formed in April, the Cannabis Freedom Alliance includes the Global Alliance of Cannabis Commerce, Law Enforcement Action Partnership, Libertarian think tank Reason Foundation, criminal justice reform initiative Mission Green and Americans for Prosperity, which is backed by the Koch family.

The voices calling for federal marijuana policy reform are growing louder, and any reforms in that direction would greatly ease the regulatory and legal tightrope that cannabis sector players, such as Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF), have to walk as they adhere to enabling laws at state level while being aware of the prohibition at the federal level.

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 – RYAH Group Inc. (CSE: RYAH) Announces Collaboration with University of Milan for ‘Precedent-Setting Experiment’

RYAH Group (CSE: RYAH) today announced its entry into a strategic partnership with the University of Milan, a leading education and research institution, to develop and formalize universal milliliter (“ml”) to milligram (“mg”) conversion standards in dry herb cannabis inhalation therapies for its RYAH Smart Dry Herb Inhalers. According to the update, the RYAH Smart Dry Herb Inhaler is an IoT-powered dry herb inhaler with an integrated volumetric airflow sensor that gives consumers the ability to track and control exactly how much they inhale. “Our collaboration with the University of Milan is expected to afford us an incredible opportunity to, among other things, rigorously map out how cannabis strains behave throughout a full heat-not-burn temperature spectrum at incremental volumes inhaled,” said Jordan Medley, head of product operations at RYAH. “This is a precedent-setting experiment that is expected to generate the data needed to facilitate an accurate milligram dosing experience with dry herb.”

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

About RYAH Group Inc.

RYAH is a connected device and big data and technology company focused on valuable predictive analysis in the global medical plant and nutraceutical intake industry. Its robust artificial intelligence platform aggregates and correlates HIPAA-compliant patient data, which is intended to help doctors and patients personalize plant-based treatments to better predict treatment outcomes. The data collection is relevant for clinics, doctors, dispensaries, pharmaceutical companies, and licensed processors (“LPs”) to monitor and manage formulation effects on patient and demographics. With a strong intellectual property portfolio, RYAH gathers deep and insightful data on the complete patient session and formulation lifecycle. For more information about the company, visit www.RYAHGroup.com.

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

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

To receive SMS text alerts from CannabisNewsWire, text “CANNABIS” to 21000 (U.S. Mobile Phones Only)

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CannabisNewsBreaks – Grapefruit USA Inc. (GPFT) Issues Statement on Senators Proposed Act to Legalize Cannabis

Grapefruit USA (OTCQB: GPFT), a premiere California-based cannabis and hemp company, has noted its position on the potential enactment of the Cannabis Administration and Opportunity Act. Senators Chuck Schumer (D-NY), Ron Wyden (D-OR) and Cory Booker (D-NJ) released a discussion draft of the act on July 14, 2021. As presented, the act would remove cannabis from the federal list of controlled substances, making cannabis use legal at the federal level. According to the company’s announcement, the act also enables states to implement their own adult-use recreational cannabis laws. Almost 20 states have already done that, including California, where Grapefruit is currently operating; in addition the District of Columbia, the northern Marianas Islands and Guam have adult-use cannabis laws. Even more states — 37 in total — have laws legalizing medical-use prescribed cannabis use. The summary of the discussion draft of the act states that more than 90% of Americans believe cannabis should be legal for adult recreational and medical use. “Grapefruit enthusiastically supports the efforts of Senators Schumer, Wyden and Booker to jumpstart the long-awaited removal of cannabis from the federal list of controlled substances,” said Grapefruit co-founder and CEO Bradley J. Yourist. “Passage of the ACT will accelerate our ability to offer Grapefruit’s patented, disruptive Hourglass(TM) time-release THC+cannabinoid delivery cream to all Americans whose states or territories of residence have legalized cannabis at the state or territorial level, thereby affording them the ability to enjoy the benefits of the Hourglass full-spectrum entourage experience. Once the ACT, as described in the discussion draft becomes law, Grapefruit customers throughout the country will be able to purchase either non-THC hemp derived Hourglass time-release CBD delivery cream or THC+cannabinoid Hourglass time-release full-spectrum delivery or any combination thereof as they desire. Furthermore, these superior, breakthrough Grapefruit Hourglass products are only available from Grapefruit or its authorized intermediaries. We believe passage of the ACT, as presented in the discussion draft, will be profoundly beneficial to Grapefruit and its shareholders, as well as to the American public.”

To view the full press release, visit https://cnw.fm/3CtXv

About Grapefruit USA Inc.

Grapefruit’s corporate headquarters is in Westwood, Los Angeles, California. Grapefruit holds California permits and licenses to both manufacture and distribute cannabis products in the Golden State. Grapefruit’s extraction laboratory and manufacturing and distribution facilities are located in the industry-recognized Coachillin’ Industrial Cultivation and Ancillary Canna-Business Park in Desert Hot Springs, California. To find out more about the company, please visit www.GrapefruitBlvd.com.

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

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 — Study Finds That Cannabis Smokers Weigh Less Than Non-Smokers

Preclinical studies suggest that weight gain and increased food intake are some of the effects of marijuana consumption. However, new research proposes that individuals who smoke marijuana weigh less in comparison to those who do not. These findings go against the belief that users of cannabis pile on the pounds due to the munchies.

The new study used data obtained from the National Epidemiologic Survey of Alcohol and Related Conditions to examine the BMI of 33,000 participants aged 18 and above. Conducted by Omayma Ashaarawy and James C. Anthony, the study was reported in the “International Journal of Epidemiology.”

Alshaarawy, an assistant professor of family medicine at the Michigan State University, who also happens to be the lead author of the study, stated that the research, which was carried out over a three-year period, found that all its participants demonstrated an increase in weight. However, the researchers were surprised to find that those who consumed cannabis had a lower increase in comparison with those who did not. Their findings also propose that overall, persistent or new users of marijuana were less likely to be obese or overweight.

The study discovered that users of marijuana, even individuals who hadn’t used it for a long while, actually had a higher likelihood of being at a healthier and normal weight while also staying within that weight range; the study reported that 15% of regular users could be categorized as obese as compared to 20% of non-users.

The actual difference in weight among non-users and users was found to be an average of two pounds, with the researchers noting that this was observed in more than 30,000 of the participants.

In the report, Alshaarawy also suggested that there are several factors that may explain what about cannabis affects weight. She hypothesizes that the use of marijuana could modify how certain receptors or cells responded in the body, which could in turn impact weight gain; another theory could be a behavioral factor like an individual becoming more conscious of their intake of food because they were worried about gaining weight after eating because of the munchies.

As no scientific conclusions have been made, she states that more research needs to be conducted on this particular topic and cautions on the use of cannabis as a diet aid. Alshaarawy adds that individuals shouldn’t consider the use of marijuana as a way to lose or even maintain weight, as there are too many health concerns related to marijuana that could outweigh the possibly positive but modest impacts the plant has on weight gain.

The entire cannabis sector, including companies such as BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC), is likely to have their attention piqued by this research since it dispels a common perception that cannabis users more often than not pile on unwanted pounds.

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

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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