420 with CNW — An Overview of CBD Patches Used for Pain

Cannabidiol, a nonpsychoactive cannabinoid produced by hemp and cannabis, has been receiving plenty of mainstream attention lately because of its supposed medicinal properties. Anecdotal claims as well as preliminary studies say that it can treat everything from anxiety and insomnia to chronic pain and epilepsy, but its ability to alleviate pain has taken center stage. Several studies, most of them on animals, have found that CBD can treat pain caused by numerous medical conditions.

Cannabidiol itself can be consumed in a wide variety of ways, but when it comes to treating pain, CBD patches take the cake. These transdermal patches are infused with CBD and applied to the skin, where they slowly release cannabidiol into the bloodstream. Not only are the patches a discreet way of taking cannabidiol, allowing users’ systems to get a steady infusion dose of the cannabinoid for extended periods, but they are also the perfect option for individuals who don’t want to smoke, vape or consume edibles. Of all the available CBD consumption methods, CBD patches are probably the best way to deal with localized pain.

The patches deliver CBD directly to the bloodstream through the skin, making them perfect for people who want quick pain relief. While ingestibles such as gummies or oils will produce much more intense effects when consumed, they usually take time before they kick in. And since edibles first have to go through the stomach then the liver, some CBD is usually lost in the process, unlike CBD patches, which deliver 100% of the cannabidiol they hold. These patches also contain some permeation enhancer to help increase the skin’s permeability and allow it to absorb as much CBD as possible.

For those who are facing sustained pain, CBD patches can provide a great deal of relief. Since they release CBD slowly throughout the day, users experience sustained pain relief over a longer period. On the other hand, other topical options such as CBD massage oils and creams may offer relief for a short time, with the effects tapering off once the CBD is absorbed by the skin. Consequently, these methods would require several applications per day to offer sustained relief.

Cannabidiol seems to be a promising pain reliever, and research has found that it reduces pain in two ways. Firstly, it interacts with the endocannabinoid system to block off receptors for several types of pain, making it effective against hard-to-treat conditions such as nerve pain. Secondly, it has powerful anti-inflammatory properties, which allow it to combat inflammation in the body and reduce pain caused by inflammation. Combined with a CBD patch’s transdermal delivery, CBD can be quite effective at alleviating inflammation, localized pain and nerve pain.

As innovation in this space increases, seeing cannabis firms such as Grapefruit USA Inc. (OTCQB: GPFT) are developing time-release delivery systems that allow cannabinoid-based creams to release their contents over a longer period of time, rivaling patches.

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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CannabisNewsBreaks – Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) Methodically Positioning as Premier Brand

Pac Roots (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) has been steadily building a formidable asset base, including constructing a new production facility, forging a key joint venture, as well as penning an agreement to acquire prime agricultural land as it emerges as a premium provider of cannabis and hemp products with its genetics-focused approach. “Pac Roots isn’t looking to get into a pricing war with low-quality suppliers but is methodically positioning itself as a premier brand since it went public last year,” reads a recent article. “The company has partnered with Phenome One, one of the largest live genetic libraries in Canada composed of over 350 live cultivars, and formed a JV with Rock Creek Farms and Speakeasy Cannabis Club leveraging existing infrastructure, equipment and access to land on a 100-acre hemp project. Despite the coronavirus pandemic and some unseasonable weather conditions, the initial pilot run from the JV resulted in the profitable sale of 105,000 pounds of industrial hemp.”

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

About Pac Roots Cannabis Corp.

Pac Roots is the future of genetics. By focusing on elite cannabis genetic development, the company maximizes the quality of its products by keeping yields and profit margins high. Pac Roots subsidizes costs with several strategic partners: Phenome One, one of the largest live genetic libraries in Canada composed of over 350+ live cultivars, as well as its JV partnership with Rock Creek Farms and Speakeasy Cannabis Club, leveraging existing infrastructure, equipment and access to land on a 100-acre hemp project. This combination has the company positioned to be cash-flow positive within the first year of trading. For more information about the company, visit www.PacRoots.ca.

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

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 – Lexaria Bioscience Corp. (NASDAQ: LEXX) Expands Considerable IP Portfolio with Patent Protection in Japan

Lexaria Bioscience Corp. (NASDAQ: LEXX, LEXXW), a global innovator in drug delivery platforms, today announced an additional expansion of its intellectual property (“IP”) portfolio with its first-ever patent granted in Japan. According to the update, “Stable ready-to-drink beverage compositions comprising lipophilic active agents” is the title of the patent that adds to the company’s considerable portfolio. “With our 20th patent granted worldwide, Lexaria continues to demonstrate the versatility of our DehydraTECH(TM) drug delivery platform, encouraging innovation in the consumable liquid category around the world,” said Chris Bunka, CEO of Lexaria. “This new patent adds to our existing suite of granted patents spanning the EU, the U.S., India and Australia, and continues to build value for Lexaria shareholders and clients.”

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

About Lexaria Bioscience Corp.

Lexaria Bioscience Corp.’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 bio-absorption by up to 5-10x, reduce time of onset from 1 – 2 hours to minutes, and mask unwanted tastes. DehydraTECH is planned to be further evaluated for orally administered bioactive molecules, including anti-virals, 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 20 patents granted and approximately 60 patents pending worldwide. For more information, visit the company’s website at www.LexariaBioScience.com.

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420 with CNW — House Committee Backs Using Drones for Identifying Illicit Marijuana Grows

More than a decade after launching a state-legal cannabis industry, America’s illicit cannabis market is still going strong. One of the objectives of legalizing marijuana was to draw clientele away from the black market and deprive the criminal organizations behind it of revenue from cannabis sales, but most states have failed to do major damage to illicit cannabis sales. To add insult to injury, a large percentage of illegal marijuana is grown on public land, and since cannabis is a water-intensive plant, these illegal grows tend to steal a lot of water as well.

In a bid to curb the use of public land to grow illicit cannabis, an influential House committee has backed the use of drones by law enforcement in California to spot these illicit grows. Attached to a spending bill for the state’s Department of the Interior and Environmental Efforts, a report by the House Appropriations Committee talks about illegal cannabis cultivation on public land owned by the federal government. Last year’s report also addressed illicit marijuana grows, but this is the first time the report has contained language about leveraging drone technology to deal with the issue.

The report stated that these illicit grows negatively impact the state’s public, water, soil and wildlife. Furthermore, it said that the committee supported efforts by the U.S. National Forest Service to develop tools that would assist in detecting and getting rid of these illegal grow sites. On drones, the committee wrote that it supported their use by the Department of the Interior, stating that it was firmly behind using drones to identify these sites and provide estimates for how much it would cost to reclaim them.

However, the report said that the department would first have to deal with concerns about domestic production, cybersecurity and technology. While it doesn’t expand on concerns about cybersecurity and technology, hundreds of Chinese-made drones were recently grounded by the federal government, partly because of cybersecurity risks. Regarding domestic production, the committee most likely wants to avoid cases of drones accidentally surveilling state-legal marijuana grows that happen to border public lands, such as the ones in Humboldt County.

The last month has seen several spending bills touching on wide-ranging, cannabis-related legislative issues advance including benefits for veterans working in the state-legal cannabis sector, regulations for CBD and hemp, and immigration eligibility for individuals who use or have used cannabis in the past.

Illicit marijuana sellers hurt the operations of licensed cannabis companies, so it wouldn’t be surprising if sector players such as Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) back the use of any means available in different jurisdictions to identify and destroy illegal grows.

NOTE TO INVESTORS: The latest news and updates relating to Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) are available in the company’s newsroom at http://cnw.fm/PACR

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420 with CNW — House Committee Witness Urges Legislators to Make Bipartisan Visits to Cannabis Businesses

The legalization of cannabis has become popular in America, with 18 states having legalized the recreational use of the herb and another 13 decriminalizing its use. However, while Congress is still in disagreement about the herb, a recent visit from an investigative reporter may help move things along.

Amanda Ripley, the witness who graced a House Committee hearing, suggested visits to cannabis businesses by ideologically opposed legislators. Similar visits have happened in Canada, when MP Garnett Genius and Nathaniel Erskine-Smith visited a major producer of cannabis in 2017. This came right before the country legalized the herb for recreational use in 2018. Ripley explained that these visits, which would be one-on-one, would help encourage productive conversations between legislators and bridge political divides.

This approach may be useful in Congress, with the latest polls finding that a bipartisan majority of Americans were in favor of putting an end to cannabis prohibition. However, when the bill for legalization was advanced to the House and put to a vote, the partisan breakdown didn’t reflect the voters’ will, with half a dozen Democrats voting against the legislation and five Republican members voting for it.

Ripley pointed out that the marijuana episode on the “Political Blind Date” show provides examples of the various constructive conversations that could occur if elected officials in the United States engaged with each other on issues they didn’t agree on, while stepping out of their comfort zones. In that episode, MP Nathaniel Erskine-Smith, a member of the Liberal Party who not only backed an extensive drug decriminalization measure but also supports the legalization of marijuana talks with MP Garnett Genius, a member of the Conservative Party, on various topics including THC potency and tax revenue generated from legal cannabis sales.

In spite of their political differences, the two MPs agreed that marijuana did have medicinal value for a part of the population. Before their meeting, only medical marijuana was legal in Canada. Now Canada has legalized cannabis nationally.

And Canada isn’t the only country legalizing the substance. In Mexico, the Supreme Court annulled the prohibition of cannabis in a general declaration of unconstitutionality last week. It seems the United States still has a long way to go in order to get to where these countries are with regard to cannabis.

There is hope though, with Sen. Cory Booker, Chairman Ron Wyden of the Senate Finance Committee and Senate Majority Leader Chuck Schumer having recently revealed that they’re drafting a legalization bill that may soon be introduced to the floor. Furthermore, Chairman Jerrold Nadler of the House Judiciary Committee has also refiled his cannabis legalization measure dubbed the MORE ACT (Marijuana Opportunity, Reinvestment and Expungement Act).

Marijuana industry players in the U.S., including Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF), may be hoping that if bipartisan visits to cannabis businesses can help move policy reforms along, the sooner such visits start, the better.

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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CannabisNewsBreaks – Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Announces Plans to Release Financial Reports

Red White & Bloom Brands (CSE: RWB) (OTCQX: RWBYF), a multistate cannabis operator and house of premium brands, will be releasing two financial reports by the end of the month. The company announced plans to report its numbers for FY 2020, the fiscal year ended Dec. 31, 2020, after market close on July 22, 2021; the company will also release its third-quarter financial report for the period ended March 31, 2021, after market close on July 26, 2021. In addition, the company announced plans for a management conference call, scheduled for July 27, 2021, at 4:30 p.m. ET. More details regarding the call and how to participate will be released on July 22. In recent weeks, the company has replaced its previous auditor, MNP LLP, because of health issues with the auditor’s lead engagement partner. The company commended Macias Gini & O’Connell LLP, the new auditor, for its efforts in “completing an exceptionally complex and challenging audit with a very tight timeline,” according to the announcement. “The delay in completing the filing of the cocuments was due to MNP not completing its audit procedures in advance of the filing deadline.”

To view the full press release, visit https://cnw.fm/gq2Qu

About Red White & Bloom Brands Inc.

Red White & Bloom Brands 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 major U.S. markets, including Michigan, Illinois, Massachusetts, Oklahoma, Florida, Arizona and California, with respect to cannabis, as well as the United States and internationally for hemp-based CBD products. For more information about the company, please visit www.RedWhiteBloom.com.

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

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420 with CNW — Cannabis Legalization Creates Boom for Veterans as Security Guards

America’s state-legal cannabis industry has achieved quite a lot in a little over a decade. Generating billions of dollars in revenue, it has created hundreds of thousands of new job opportunities and provided states with millions in tax revenue. The industry is projected to grow even larger as it matures and more states join; one group of people who are poised to benefit from the cannabis legalization boom are military veterans.

Cannabis’ federal classification as a Schedule I regulated substance has prevented banks and credit card processors from working with businesses in the cannabis space. This has forced these companies to require cash-only payments, meaning they usually have large amounts of money on hand. Additionally, cannabis itself is a valuable commodity with near-constant demand, and offloading it in the black market is fairly easy for those who know their way around. As such, cannabis retailers and dispensaries have become prime targets for burglars and robbers.

Armed guards are quickly becoming a necessity for any cannabis business with reasonable turnover, and veterans with firearms training are taking up the mantle. Paul Ballenger, a Marine veteran and an Army reservist, is the chief executive officer of Invicta Solutions, which has approximately 400 armed guards stationed in five states. His company provides guards for shopping malls, religious institutions and cannabis companies, among others. With the wave of cannabis reform steadily sweeping across the country, Ballenger’s goal is to have guards stationed in New York, New Jersey and Florida by the end of the year as these key states launch their markets.

In Fresno, California, Operational Security Solutions (“OSS”) hires about 100 armed guards, a lot of them veterans, for cannabis-related businesses. Ryan Hale, the company’s chief sales officer, says OSS has a strict no-drugs policy, stating that marijuana and guns should not mix. Since cannabis businesses are such prime targets, often with lots of cash on site and plenty of cannabis with high resale value on the black market, the guards need to be vigilant and “100% cognizant.”

Veterans often have a hard time finding work after coming back home, with more than half of them finding it difficult to utilize their military skills in a civilian setting. With the cannabis industry poised to see major growth, especially after weathering the coronavirus pandemic like a champ, plenty of vets may finally be able to land employment. Even if lawmakers finally pass cannabis banking legislation allowing financial institutions to work with cannabis businesses, the precious product they sell will need protection.

Cannabis industry players such as Chalice Brands Ltd. (CSE: CHAL) (OTCQB: CHALF), which have a dominant role in the markets where they operate, certainly require armed security guards to protect employees, cash and stock at their different locations.

NOTE TO INVESTORS: The latest news and updates relating to Chalice Brands Ltd. (CSE: CHAL) (OTCQB: CHALF) are available in the company’s newsroom at https://cnw.fm/CHALF

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420 with CNW — Five Ingredients That Could Dominate the 2021 Supplement Space

Last year saw a significant rise in the demand for quality dietary supplements. The coronavirus pandemic prompted millions of individuals to look for supplements that support immune function and also spurred a change in the way consumers thought about protecting their health.

New reports show that more than 80% of Americans are now consuming dietary supplements. However, the products seem to differ when it comes to demographics, as different generations seek out supplements that address various wellness concerns. For instance, millennials are looking for natural ways to decrease the effects of stress, fight anxiety and grow their mental stamina while baby boomers are seeking products that promote cognitive function, healthy aging and strong bones.

So how can brands address these needs while still appealing to the postpandemic population? By offering them the ingredients they seek, of course.

Below are the most popular ingredients in the supplement space this year.

Delta 8 THC

This is a legal cannabinoid that is extracted from hemp. Initial research has shown that this cannabinoid possesses anti-nausea and anti-inflammatory properties and may also offer neuroprotection.

Green Market Report shows that the cannabinoid market is booming, with a Hemp Benchmarks Report that was released earlier this year finding that Delta 8 THD was the fastest-growing product in the hemp sector.

Emerging cannabinoids

Market researchers forecast that the CBD market in the United States may be valued at roughly $16 billion by the year 2025. CBD has been embraced by consumers across the country and is commonly used to address anxiety, among other uses. While other minor cannabinoids may be harder to extract, the presence of new sourcing methods will make it easier for these cannabinoids to be extracted in large quantities.

Research shows that emerging cannabinoids, including cannabinol, cannabichromene and cannabigerol, have the potential to manage various wellness and health concerns. These cannabinoids are also better suited because they lack the regulatory complications of CBD and THC.

Terpenes

These substances are what give plants their scent and are the main constituent of essential oils. Much like linalool, terpenes have a considerable effect on the nervous system, including pain relief. The popularity of terpenes is expected to increase significantly as more research on their therapeutic potential is conducted.

Mushrooms

Research has shown that some mushrooms can support cognitive and immune function as well as boost energy, while others possess antioxidants that combat aging as well as anti-inflammatory properties.

Nootropics

This is a class of compounds that support brain function and health. They include anti-inflammatory and antioxidant ingredients such as Omega-3 acids and vitamins B12, C and D, which provide neuroprotective support as well as boost cognitive performance, among other benefits.

Brands that would like to expand their footing would do well to keep a close eye on these new ingredients and work to develop products that meet the health-conscious demands of the postpandemic population.

As entrepreneurs see the success of cannabis beverage and supplements companies such as BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) capitalizing on cannabinoids and terpenes in their products, there is likely to be a rush of more companies entering this space.

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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CannabisNewsBreaks – Chalice Brands Ltd. (CSE: CHAL) (OTCQB: CHALF) Featured in Stockhouse Media Podcast

Chalice Brands (CSE: CHAL) (OTCQB: CHALF), formerly Golden Leaf Holdings Ltd., a premier consumer-driven cannabis company specializing in retail, production, processing, wholesale, and distribution, was featured in an exclusive Q&A video podcast produced by Stockhouse Media. Chalice Brands CEO and President Jeff Yapp and Executive Chairman John Varghese join Stockhouse Media’s Dave Jackson in an engaging discussion to bring the podcast’s audience up-to-date on this intriguing brand and exciting investment opportunity. The Q&A covered various topics, including the team’s experience in the cannabis space, new company developments, Chalice Brands’ innovative brands and products, strong growth potential and disciplined approach to acquisitions. “Having the opportunity to grow companies through, I would call profitable acquisitions, first and foremost is due diligence, right? We’ve got a very disciplined approach to the way we approach acquisitions. It’s led by Vice-President Business Development Ben Allmand, probably one of the best I’ve seen,” Varghese said. “So take a discipline approach to acquisitions and then the second piece is patience, right? Integrating of companies and cultures is never easy. I think we’re off to a really good start with Homegrown, but this is experience I’ve had in the past, where sometimes you move too fast and you lose your customer base and if we’re trying to hire fine companies that are in itself profitable, your number one job is to maintain the profitability while you do the transition. It has been exciting for us.”

To view the podcast, visit https://cnw.fm/ki2CY

About Chalice Brands Ltd.

Chalice Brands is a premier consumer-driven cannabis company specializing in production, processing, wholesale, distribution and retail, with 12 dispensaries in Portland, Oregon. The company is committed to developing a dynamic portfolio built around the recognized brands of Chalice Farms, with a focus on health and wellness. Chalice Brands operates nationally through Fifth and Root and has operations in Oregon and California. Visit https://Investors.ChaliceBrandsLtd.com for regular updates.

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

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CannabisNewsBreaks – BevCanna Enterprises Inc.’s (CSE: BEV) (OTCQB: BVNNF) (FSE:7BC) TRACE Brand Packs Host of Recognized Benefits

BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC), a diversified health and wellness beverage and natural products company, recently announced several agreements. These are part of a strategic business plan as the company moves into the United States and strengthens its position as a leading resource of high-quality health and wellness beverages and natural products. The agreements are intended to help the company penetrate the U.S. and international markets with its TRACE plant-based mineral and hemp-derived CBD-infused beverages. “BevCanna’s TRACE brand features the company’s plant-based mineral beverages and nutraceuticals; the line includes RTD beverages, shots, and mineral concentrate, along with new products under development,” reads a recent article. “Each of TRACE’s plant-based products includes a proprietary fulvic and humic mineral formula, sourced from ancient organic compounds, which are highly concentrated sources of trace minerals. Recognized benefits of the Health Canada-approved formulations include improvements to cognitive performance, gut health and immune function, and stimulating the body to better metabolize carbohydrates, fats and proteins.”

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

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 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 a 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 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

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