CBDNewsBreaks – HempFusion Wellness Inc. (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO) Advancing Visionary Approach with Diverse Products

HempFusion Wellness (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO) is a leader in the health and wellness cannabidiol (“CBD”) industry. The company is advancing a visionary approach with a view to balancing people’s energy levels and general well-being by expanding its international distribution channels and demonstrating its compliance with global regulatory standards for hemp-derived products. “The company’s HempFusion USA subsidiary, registered as HempFusion Inc., provides consumers with a wide array of hemp-derived CBD products, including branded tinctures, capsules and products for sleep and stress. HempFusion Inc. also offers a full line of over-the-counter topicals designed to address pain, eczema, acne and wound care,” reads a recent article. “HempFusion USA’s subsidiary, Probulin Probiotics LLC, produces a diverse group of scientifically formulated probiotic products targeting total gut health support, immune function support as well as probiotic extract-based skin care for specific demographics to establish a competitive profile.”

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

About HempFusion Wellness Inc.

HempFusion is a leading health and wellness CBD company utilizing the power of whole-food hemp nutrition. HempFusion distributes its family of brands, including HempFusion, Probulin Probiotics, Biome Research and HF Labs, to approximately 4,000 retailers across all 50 U.S. states and select international locations. Built on a foundation of regulatory compliance and human safety, HempFusion’s diverse product portfolio comprises 46 SKUs including tinctures, proprietary FDA Drug-listed over-the-counter (“OTC”) topicals, doctor/practitioner lines and more. With a strong focus on R&D, HempFusion has an additional 30 products under development. HempFusion is a board member of the U.S. Hemp Roundtable and HempFusion’s wholly-owned subsidiary, Probulin Probiotics, is one of the fastest-growing probiotics companies in the United States according to SPINs reported data. HempFusion’s CBD products are based on a proprietary Whole Food Hemp Complex(TM) and are available in-store or by visiting HempFusion online at www.Hempfusion.com or www.Probulin.com.

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

About CBDWire

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

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CannabisNewsBreaks – Golden Triangle Ventures Inc. (GTVH) Announces ‘New to the Street’ Interview Series to Highlight Company

Golden Triangle Ventures (OTC: GTVH), a multifaceted consulting company pursuing ventures in the health, entertainment and technology industries, has partnered with “New to the Street,” which spotlights companies on national television. One of the longest-running U.S. and internationally sponsored TV shows, “New to the Street” has been broadcasting across U.S. television networks over the past decade. According to the announcement, “New to the Street” will produce 12 seven-to-ten-minute NASDAQ interviews that outline previous publicly disclosed company milestones; the segments will also focus on future projects for Golden Triangle Ventures. Golden Triangle plans to broadcast these interviews to hundreds of millions of households around the world. The first Interview is slated for release in July 2021. “I am excited to be a guest on the New to the Street program,” said Golden Triangle Ventures CEO Steffan Dalsgaard in the press release. “I have been following their business for years and I have witnessed their track record discovering many emerging growth stocks. I intend to educate viewers about the vision I have for Golden Triangles Ventures, our business, our brands, and our plans to grow the company into a market leader. We think the next 12 months will be loaded with exciting business developments and it’s great to know that ‘New to the Street’ will be maximizing our audience for each and every story.”

To view the full press release, visit https://cnw.fm/C7wG2

About Golden Triangle Ventures Inc.

Golden Triangle Ventures 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, Golden Triangle 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 about the company, please visit 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 — Licensed Cannabis Sellers in Canada Put Squeeze on Black Market Operators

Although cannabis has been illegal in most territories until a decade or so ago, it has been the most-used drug across the globe for years. Demand for the controversial plant has always been high, and since consumers had no legal place to source cannabis, they turned to the black market. As such, the illicit cannabis market has become immense, grossing billions of dollars worldwide as the drug became more popular and demand skyrocketed.

Even as several countries and states have passed cannabis legislation, the black market has been quite tenacious. Although there is a degree of risk with dealing with black market players, these sellers have continued to thrive as they generally sell at cheaper prices compared to licensed stores, among other reasons. In Canada, however, recent data shows that registered cannabis merchants have been slowly encroaching on the illicit market’s territory.

This is despite the fact that Canada’s cannabis sector is relatively new and has just recently incorporated the sale of products such as edibles and vapes. According to the most recent data from Statistics Canada, the gap between the legal sector and the illicit market is widening, with more consumers choosing to purchase cannabis from licensed retailers instead of black market players. While it is estimated that the illicit cannabis market brought in roughly CA$754 million in the final quarter of 2020, the legal adult-use market saw cannabis sales worth CA$918 million.

Legal adult-use cannabis sales surpassed illicit sales for the first time ever in 2020’s second quarter, Statistics Canada found, with sales in the adult-use sector surpassing those in the illicit market by an estimated CA$59 million. This can be attributed to reducing prices, increasing retail options and a wider variety of more consistent inventory from retailers.

For instance, Toronto had only seven regulated cannabis stores at the start of 2020 but at the end of the year, the city had registered 89 more retailers. Consequently, Toronto saw cannabis sales jump from CA$17 million in January 2020 to CA$40 million as the year drew to a close.

Additionally, Canada’s recreational cannabis sector has recently been expanded to include more products such as edibles and cannabis vaporizers. Last year — 2020 — was the first full year of legal sales for vapes and cannabis edibles, with edible sales increasing from CA$12.7 million in the first quarter to CA$42.2 million by the end of the fourth quarter. As Canada’s young cannabis sector matures, even more consumers will likely be drawn from the illicit market.

The chokehold illicit market actors had on the marijuana industry will keep loosening as licensed Canadian companies such as Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) keep availing high-quality cannabis products at affordable price points.

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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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 — New Poll Finds Majority of Americans Support Drug Decriminalization

A recent poll conducted by the Drug Policy Alliance (“DPA”) and the American Civil Liberties Union (“ACLU”) has found that more than half of the voters in America are in favor of the drug war coming to an end and also support the decriminalization of the simple possession of substances which are presently illegal.

The poll was conducted last month and interviewed 800 registered voters. Its results were released just before the 50th anniversary of the declaration of the drug war by former president Richard Nixon, which began a system of mass criminalization, which disproportionately targeted individuals of color. Of those surveyed, more than 60% were found to support the elimination of criminal penalties for drug possession and reinvesting resources used for drug enforcement into addiction and treatment services. Another 65% agreed that the United States should withdraw from the drug war.

Surprisingly, the survey also found that a considerably large number of voters felt that the war on drugs had failed. By party affiliation, 82% of members of the GOP, 85% of independents and 83% of Democrats regarded the war on drugs as a failure.

In a press release, the ACLU Justice Division’s director Udi Ofer stated that President Joe Biden should move to dismantle the system of mass incarceration and overpolicing as per his campaign promises, on the anniversary of the war on drugs. In addition to this, the poll also found that more than 60% of those surveyed believed that the use of drugs shouldn’t be treated as a criminal justice issue and should instead be viewed as a public health issue, while another 61% supported the commuting of sentences for drug-related convictions. An additional 64% supported the revocation of mandatory minimum sentences in cases related to drugs.

Ofer asserted that the time had come to embrace new approaches that treated substance use as a public health issue. He noted that the Biden administration could make progress in ending this racist and harmful war by reducing the sentences of individuals imprisoned for drugs. This, he said, would help decrease the over policing of Brown and Black communities in the United States, as well as decrease the problem of mass incarceration.

President Biden has vocalized his support for ending imprisonment for low-level drug cases, stating that no individual should be incarcerated for using drugs. He added that the country should change the way they dealt with drug abuse. However, the Biden administration has yet to take any steps to alter federal policy. Additionally, the president hasn’t granted presidential clemency to individuals imprisoned for drugs.

Should federal marijuana policy ever be relaxed, industry players such as Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) will have fewer regulatory headaches to contend with as a degree of uniformity may be brought to the currently fractured industry.

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 – The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER) Announces Expanded East Coast Capacity to Meet Surging Demand

The Alkaline Water Company (NASDAQ: WTER) (CSE: WTER),the country’s largest independent alkaline water company, today announced that two of its leading suppliers have expanded their capacity by opening east coast facilities. According to the update, the company’s exclusive arrangements with these manufacturers will alleviate raw material concerns during its east coast expansion. Additionally, to meet anticipated demand, the company intends to add three new strategically located co-packers prior to the end of the third quarter. “As we position ourselves for continued growth, we continue to deploy assets that allow our production to exceed increased demand for Alkaline88(R),” said Ricky Wright, president and CEO of The Alkaline Water Company. “While much of the industry finds itself squeezed with raw material demands and capacity constraints, we’ve never been stronger. Our foresight to find multiple domestic sources for our raw materials paid dividends last year. Over the last six months, two of our west coast providers have opened operating facilities on the east coast.”

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

About The Alkaline Water Company

Founded in 2012, The Alkaline Water Company is headquartered in Scottsdale, Arizona. Its flagship product, Alkaline88, 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 delivers perfect 8.8 pH-balanced alkaline drinking water with trace minerals and electrolytes and boasts its trademarked label: Clean Beverage. Quickly being recognized as a growing lifestyle brand, Alkaline88 launched A88 Infused(TM) in 2019 to meet consumer demand for flavor-infused products. A88 Infused flavored water is available in six unique, all-natural flavors with new flavors coming soon. Additionally, in 2020, the company launched A88 Infused Beverage Division Inc., which includes the company’s CBD water and flavor-infused water. For the company’s topical and ingestible offerings, A88 Infused Products Inc. includes the company’s lab-tested, hemp-extract salves, balms, lotions, essential oils, bath salts, powder packs, oil tinctures, capsules, and gummies. To learn more about the company, visit www.TheAlkalineWaterCo.com.

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420 with CNW — NFL Funds Cannabis Research Despite Continued Prohibition Hindering Research

The NFL-NFLPA Committee, which was formed by the players’ union in the National Football League and the NFL, recently revealed its plans to award grants to researchers to facilitate research on the therapeutic potential of CBD, cannabis and other opioid alternatives for pain management.

During a press conference held last week, a representative from the Joint Pain Management Committee stated that there were numerous innovative ideas in the psychedelics space, adding that important research needed to be financed.

Dr. Kevin Hill, co-chair of the committee, stated that the federal policy unfavorably affected the level of research permitted, given the ongoing prohibition of marijuana, which is still categorized as a Schedule I drug. Hill also noted that lack of financing in this field of research also affected advancements in research. He explained that many companies and states that were profiting significantly through the sale of marijuana as well as other cannabinoids weren’t contributing to science.

This funding opportunity aims at requesting proposals from researchers who have the ability to conduct studies that can supplement the committee’s knowledge on athletic performance and pain management in football players. In particular, the league would like proposals on the following areas of inquiry:

The effects of cannabinoids or marijuana on athletic performance in football players, e.g., in reaction time, cardiorespiratory or psychomotor function
The effects of nonpharmacologic treatments on pain in football players, be it everyday pain management or postsurgical pain management
The effects of cannabinoids on pain in football players

A notice released by the NFL states that the deadline for applications to be submitted prior to proposals is July 31, 2021.

In 2020, the joint panel held CBD informational forums, which led to the determination that the marijuana compound, which is nonintoxicating, shows potential in the treatment of various forms of pain. However, the committee felt there was not enough information and research existed on the benefits of opioid alternatives for both chronic and acute pain.

The NFL policy also highlights that players in the league won’t face suspension from games based on positive tests for any substance, including cannabis. This policy, which was recently revised, reflects a considerable shift in the NFL’s approach to the use of drugs by players, with the agreement highlighting the need to center on treatment and evaluation rather than penalties.

Players who self-refer themselves, display behaviors that indicate misuse of drugs or test positive for drug use are now required to enroll in an intervention program, where they can be evaluated and receive a treatment plan.

As more becomes known about the therapeutic potential of marijuana and its compounds, the dose-measuring devices made by companies such as RYAH Group Inc. (CSE: RYAH) are likely to see an upsurge in demand.

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420 with CNW — How Extractors Keep Microbials, Mold from Cannabis Products

The cannabis industry has been riding high for the past few years, earning billions of dollars as more states have chosen to legalize it for either medical or recreational use — even both. Despite cannabis becoming even more accessible, many consumers don’t stop to think about how much care is taken to ensure the products they see on the shelves are of top quality.

Anyone who deals with plant material early on in the supply chain will tell you moisture is enemy number one. With moisture comes mold and microbials, and when it comes to marijuana and hemp extracts, handling and storing the raw plant material improperly leaves it vulnerable to mold and microbials that can — and will — spoil the entire batch.

So how do extractors keep these two away during the extraction process? Well, for starters, they make sure raw plant material is properly tested and stored before the extraction process, and they work hard to keep moisture out during all extraction stages. Additionally, they can employ the solvent-based processes used during extraction to eliminate contaminants, and once extraction is complete, they store the finished products in air-tight containers.

According to Andras Gaspar, chief product officer at chromatography technology company RotaChrom Technologies, microbials will both degrade plant material and secrete toxins. The raw plant material will not only be earmarked for disposal, but it can also be deemed hazardous waste. To prevent this from happening, extractors use extraction processes that some have dubbed “kill steps” to get rid of contamination from the plants.

Irradiation will eliminate contaminants even before the plant is processed. It does not degrade CBD, THC or terpene content, says Quinn Shiskin, director of products and innovation at British Columbia-based cannabis product manufacturer the Valens Co. Depending on the solvent used during the extraction process, the plant material can be cleansed again, with solvents such as ethanol being great at removing microbials and mold.

Winterization, which sees the extracted solvent chilled to extremely low temperatures (-80 degrees Celsius) for up to 48 hours to get rid of impurities such as wax, is also a kill step. The crude oil is then superheated to create a distillate, providing another kill step that further cleanses it of contaminants. Craig Henderson, CEO of Boulder, Colorado-based CBD producer Extract Labs, says eliminating moisture is the best way to keep microbials and mold at bay.

His company uses hydrocarbon and CO2 for solvent extraction, then superheats the crude oil and employs alcohol during the winterization process to get rid of moisture and kill contaminants. A rotary evaporator is used to remove any remaining moisture. On top of that, his team cleans all work surfaces with isopropyl alcohol, keeping the packaging and labeling zones separate, and packs the finished products in sealed jars in dark, temperature-controlled environments.

Needless to say, the most reputable cannabis extraction companies, including BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC), go an extra mile of subjecting their products to stringent third-party tests so that product buyers can be sure that no contaminant is present in what they are going to consume.

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 – Why American Cannabis Partners Is ‘One to Watch’

American Cannabis Partners (“ACP”) is a multistate cannabis company with a retail license and 560,000 square feet of licensed canopy space for cultivation. ACP’s strategy is to capture opportunities in real estate and licensing in states that have recently passed cannabis legalization legislation, thereby equipping the company to capitalize on federal interstate commerce opportunities. As a company that is focused on complementary business segments — real estate, acquisition and development of proprietary assets and ongoing cultivation operations, ACP is targeting expansion. A recent article reads, “American Cannabis Partners is pursuing additional growth in the cannabis sector through multiple planned initiatives. ACP is currently exploring expansion opportunities through partnerships and joint ventures in New Jersey, New York, Virginia, Nevada, Arizona, Missouri, and Massachusetts.”

To view the full article, visit https://cnw.fm/5FJtU

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. As business professionals and cultivators, the company focuses on four industry segments: real estate, cultivation, medical research, and non-profit 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, and the company has expanded into multiple states. For more information, visit www.ACPFarms.com.

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CannabisNewsBreaks — Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Names New Auditor, Provides Filing Update

Red White & Bloom Brands (CSE: RWB) (OTCQX: RWBYF), a multistate cannabis operator and house of premium brands, has released an update regarding its annual filing statements for FY 2020, the period ended Dec. 31, 2020. The update also applies to other related documents, including the CEO and CFO certificates, an annual information form, and management’s discussion and analysis. RWB announced that it is now working with Macias Gini & O’Connell LLP (“MGO”) as the successor auditor to replace MNP LLP (“MNP”), the company RWB had previously contracted with. In addition, Red White & Bloom Brands noted that it will be filing its change of auditor package concurrently with the securities commissions to reflect the appointment of MGO as its auditor. RWB announced last month that there would be a delay in filing its documents because its auditor at the time, MNP, had not completed required audit procedures in time. The company reiterated that it is working diligently to finalize and file its documents and will continue to release biweekly default status reports until the documents are filed.

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

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, 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.

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420 with CNW — Congressional Bill Could Enable Researchers to Study Cannabis from Dispensaries

Earlier this week, a congressional committee revealed its plans to vote on a legislation that will enable scientists to study cannabis products from state-legal dispensaries. The 1,200-page legislation, which has been advanced to the House Transportation and Infrastructure Committee, will allow researchers to carry out research on impaired driving using actual cannabis products that consumers use and purchase. Additionally, it would enable the interstate distribution of marijuana to researchers in jurisdictions that are yet to legalize the plant.

This isn’t the first time the bill has been introduced, as an earlier version that had similar cannabis provisions was passed in the House last Congress. However, that measure wasn’t approved in the Senate, which was GOP-controlled.

The current bill, which was sponsored by Peter DeFazio who is chair of the House Transportation Committee, also contains a provision that would compel states where cannabis is legal to consider educating people about and discourage them from driving while under the influence of marijuana.

However, advocates disagree with the language used in the provision, as it targets jurisdictions where cannabis is legal while ignoring the fact that cannabis-impaired driving occurs whether or not the herb is legal. Those advocates are, however, encouraged by the clause that calls on the Department of Transportation to work with the Department of Health and Human Services and the Attorney General to create a report that has recommendations on offering scientists access to strains and samples of cannabis and products that contain cannabis lawfully being provided to consumers or patients in legal states.

The clause notes that the report should also look into establishing a clearing house to gather and distribute strains and samples of cannabis for scientific research, which would include marijuana from state-legal markets. In addition to this, the legislation notes that the report should also examine regulatory and statutory barriers that would hinder scientific research from being conducted.

The measure also calls for the amendment of present law to include a section stipulating that states with legalized recreational and medical cannabis legislation shall consider adding programs to decrease deaths and injuries that occur as a result of cannabis-impaired driving as well as educate drivers on the risks linked to cannabis-impaired driving. However, some advocates have disagreed with the implication that legalizing marijuana increases the risk of individuals driving while impaired.

If this bill is enacted, it could potentially remove some of the hurdles that companies such as XPhyto Therapeutics Corp. (CSE: XPHY) (OTCQB: XPHYF) (FSE: 4XT) face in their efforts to develop cannabis-based medicinal formulations.

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