Category: CannabisNewsWire Release

HempNewsBreaks – Hemptown Organics Corp. Featured in ‘America’s Next Investment’

Hemptown Organics, an industry leading cannabinoid company delivering a diverse product offering, was recently featured in “America’s Next Investment” — a national TV series focused to help companies raise capital through equity crowdfunding. The episode focused on Hemptown’s regulation D offering, highlighting a promising investment opportunity in the hemp industry, with the U.S. market expected to hit $16 billion by 2025. “In the 90s, we didn’t have hemp, we didn’t have CBD,” Hemptown Founder Rod Wolterman said regarding the company’s entry into the sector. “We’ve figured out that we have endocannabinoid systems. We produce CB1 and CB2 in our bodies. Knowing cannabis and knowing the health benefits and the ability to sell this without any of the restrictions cannabis has,” Wolterman further stated of the opportunity in entering the space. The discussion showcased Hemptown’s turnkey process, from grow fields and harvesting, all the way through to packaging, distribution and bringing products to market.

To view the episode, visit https://cnw.fm/JafSX

About Hemptown Organics Corp.

Hemptown is a diversified, industry leading cannabinoid company delivering a diverse product offering across the value chain, in multiple sales channels, to meet the growing global demand for cannabinoid-based products. State-of-the-art cultivation in Oregon’s Rogue Valley, FDA-licensed and cGMP-certified product manufacturing and a strong leadership team with Fortune 500 experience, including Kellogg’s, Nike and Intel, are the pillars for Hemptown’s growth model as the company pushes into the consumer-packaged goods sectors with top quality white label and branded product lines for the consumer market. For more information, visit www.HemptownUSA.com.

About HempWire

HempWire (HW) is a dedicated information provider focused on (1) aggregating hemp-related news, (2) issuing HempNewsBreaks designed to update investors on the latest developments in the hemp market, (3) enhancing corporate news releases, (4) providing full-service distribution and social media offerings to public and private client-partners and (5) designing and implementing all-inclusive corporate communication solutions. HW is strategically positioned within the rapidly expanding hemp sector with a team of journalists working to help a growing roster of public and private companies reach a wide audience of investors, consumers and members of the media. We leverage a vast network of more than 5,000 key syndication outlets to deliver unparalleled visibility, recognition and content to the hemp industry. HempWire (HW) is where HEMP news, content and information converge.

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For more information please visit https://www.HempWire.com

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420 with CNW — The Benefits, Drawbacks and Myths of Marijuana Consumption Methods

If you’re a regular marijuana user or are planning to join the club, then you know that the “how” you ingest the herb is a primary concern for many. It’s well known that the mental and physical benefits you may obtain from the herb largely depend on how the substance gets into your system.

To help you with this, let’s discuss the most common ways to ingest cannabis as well as the pros and cons of each method; we’ll also debunk some misconceptions and myths while we’re at it.

First, you should know that there are three main ways to consume marijuana: inhaled, topical or oral. The most popular of the three is inhalation. Despite the health concerns related to smoking, this is the most popular consumption method because of ease of access and almost-instant effects.

When a person inhales marijuana smoke, the compound enters their lungs before their bloodstream. You can smoke marijuana through these methods;

Blunts and Joints

This is the most basic way to smoke marijuana as it requires little equipment. Joints and blunts are portable, easy to use and affordable in comparison to other ways. However, those who have sensitive lungs may not prefer this method. Additionally, this equipment does require some skill on the part of the user.

Pipes

These are a standard tool for smoking weed and are often made from glass or wood. They are easy to carry, light and small. While they’re available in most smoke shops and lead to little or no THC loss, they break easily and warm up quickly.

Bongs

These are glass devices that filter and cool down the smoke, rendering it less harsh on your lungs. They’re also better for people with a high tolerance, as the hits are pretty strong. However, most bongs aren’t portable and require the user to change the water as often as possible to prevent the water from smelling.

Moving on to some myths.

  • While many people think that using a bong is better for your health because it filters out harmful elements from the weed, that may not be completely true. The water does trap some particulates and tar but not any potential carcinogens released by the cannabis.
  • Between joints and blunts, which is better? Turns out joints are. Blunts are simply hollowed-out cigars. If you’d like to make the move from both options though, you can try hemp wraps. Not only are they nonaddictive and natural, but they’re also 100% nicotine free.

All in all though, you should ingest cannabis in moderation. While these methods may be popular because of their immediate effects, none of them are free of harmful effects.

One company you should watch is Pure Extract Technologies Inc. (CSE: PULL). This company focuses on extracting plant compounds, and while Pure Extracts was initially attending to the marijuana industry alone, it has now spread its wings to psychedelics and functional mushrooms.

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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Gage Cannabis Co.’s Lansing Location Now Offering Recreational Marijuana

  • Experts expect the recreational marijuana market in Michigan to rival the numbers currently seen in some of country’s top cannabis markets within the next few years
  • Gage Cannabis Co. is innovating and curating the highest-quality cannabis experiences possible for cannabis consumers in the state of Michigan
  • New Lansing location offers a wide range of products, all available for purchase through curbside delivery or walk-up pick up

Gage Cannabis is strengthening its position as Michigan’s leading high-quality craft cannabis brand and operator by offering recreational marijuana at its Lansing, Michigan location (https://cnw.fm/QxA9R). The company is committed to building the fastest-growing cannabis brand in the state, which is currently home to one of the fastest-growing legal cannabis markets in the country.

“We are thrilled to start offering recreational sales to more customers within the Lansing area,” said Gage Cannabis Co. president Fabian Monaco. “The demand for adult-use products has exploded in the past year, and we are ready and eager to meet those needs. We have received an overwhelmingly positive response from medical patients about our products and retail experience, and we look forward to providing the same level of service and product selection to our new community of recreational customers.”
Gage’s Lansing location offers a wide range of products, all available for purchase through curbside delivery or walk-up pick up. The store’s product offerings include flower, pre-rolls, edibles, concentrates, topicals, tinctures, CBD products, accessories and apparel. The company also features products by Redemption Cannabis, which was founded by Ryan Basore, one of Gage’s first social-equity program recipients.

Through this program, Gage offers grants of up to $50,000 to help those who were harmed by the war on drugs. In 2019, Basore, who spent two and a half years in prison after his cannabis business was raided by authorities, received the grant from Gage Cannabis and used the funds to join with other drug-war victims and create the Redemption brand (https://cnw.fm/9btnl).

In addition to its Lansing location, Gage has four additional locations up and running — Adrian (which also offers recreational marijuana), Detroit, Ferndale and Traverse City — with eight more locations coming soon. The company has plans to have more than 20 operating locations by the end of 2021.

Many experts expect the recreational marijuana market in Michigan to rival the numbers currently seen in some of the country’s top cannabis markets within the next few years (https://cnw.fm/LRCyn). An estimated 3% of Michigan’s residents hold medical marijuana cards, a much higher percentage than most other medical markets. A leading research organization predicts that the state’s recreational market could triple in size between 2020 and 2023.

Gage Cannabis Co. is innovating and curating the highest-quality cannabis experiences possible for cannabis consumers in the state of Michigan and bringing internationally renowned brands to market. Through years of progressive industry experience, the firm’s founding partners have successfully built and grown operations with federal and state licenses, including cultivation, processing and retail locations. Gage’s portfolio includes city and state approvals for 19 Class C cultivation licenses, three processing licenses and 13 provisioning centers (dispensaries). The company is currently planning a Canadian listing for early 2021 (https://cnw.fm/SZtCk) and has launched a Regulation A, Tier 2, equity financing.

To learn more about the company’s Regulation A financing, visit www.GageInvestors.com.

For more information on Gage Cannabis Co., visit the company’s website at www.GageUSA.com.

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

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 instant SMS alerts, text CANNABIS to 21000 (U.S. Mobile Phones Only)

For more information please visit https://www.CannabisNewsWire.com

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420 with CNW — Voters Approve Marijuana Legalization in Five States

Five states adopted measures to legalize marijuana during last week’s elections. These states —South Dakota, New Jersey, Montana, Mississippi and Arizona — had measures for medical or recreational marijuana use, or both, on their ballots.

According to New Frontier Data, a marijuana market firm, legalization of marijuana in the additional states will grow the cannabis industry by an estimated $9 billion. Here’s a breakdown of the measures in the different states that were approved on Tuesday’s ballots.

South Dakota

South Dakota voters approved Measure 26, which requires the state to create a medical cannabis program for possession, use and home cultivation for individuals with qualifying medical conditions.

Voters also approved Constitutional Amendment A, which revises the state’s constitution to allow the possession, purchase and distribution of up to an ounce of cannabis for individuals who are 21 years and above.

The state legislature is required to draft and pass new legislations to set up a state medical cannabis program before April 1, 2021.

New Jersey

Voters from New Jersey legalized the recreational use of marijuana by voting yes on the Question 1 measure. This means that the state’s constitution will be revised to permit individuals 21 years and older to possess and use cannabis, and also permit cannabis to be grown, processed and sold in the state.

Montana

Under the Constitutional Initiative 118 and the I-190 measures, the adult recreational use of marijuana was legalized. These initiatives will cap the drug’s possession at less than 8 grams (or 1 ounce) of concentrated cannabis and legalize the use and purchase for individuals who are 21 years and older.

Mississippi — Ballot Measure 1, Initiative 65 & Initiative 65A

Under Ballot Measure 1, Mississippi voters opted to legalize medical marijuana use. Initiative 65 A and Initiative 65 depended on the outcome of Ballot Measure 1. A majority chose Initiative 65, as it requires the state to allow use for 20 medical conditions and also cap quantities that patients could possess at 2.5 ounces, which is roughly 71 grams.

Initiative 65A would have made medical use more limited.

Arizona

In Arizona, Proposition 207, which supported the legalization of recreational cannabis use for people aged 21 and older,  was approved. The measure also imposed a 16% excise tax on the drug.

Gage Cannabis Co. is a vertically integrated marijuana company that you should watch. This Michigan-based firm has set its eyes on being the biggest brand in the state. Gage’s unique products are tailored to help the company attain its market-leader objective.

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.

To receive instant SMS alerts, text CANNABIS to 21000 (U.S. Mobile Phones Only)

For more information please visit https://www.CNW420.com

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CNW420 is part of the InvestorBrandNetwork.

Alkaline88 Eyes Professional Sports (NASDAQ: WTER) (CSE: WTER)

  • PGA, MLB changes CBD policies; other leagues evaluating policy changes regarding marijuana, CBD use
  • Global market for CBD oil projected to grow from $967.2 million in 2020 to $5.3 billion by 2025
  • WTER offers an exclusive line of A88CBD(TM) products, ranging from tinctures, capsules and gummies to lotion, creams salves

Since CBD was removed from professional golf’s banned substance list in 2018, PGA and Champions Tour players are turning more frequently to the plant to treat aches and pains, and golfers aren’t the only athletes to choose the compound. Earlier this year, Major League Baseball removed marijuana from its banned-substance list during the offseason (https://cnw.fm/wNnWg). The benefits of CBD use by athletes are still being studied, but the Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER) offers an exclusive line of A88CBD(TM) products (https://cnw.fm/nAIrd) that provide those benefits to sports enthusiasts — and anyone else looking for high-quality CBD-infused options.

“Billy Horschel went six months without a top-eight finish last year before he found a remedy for his ailing golf game from a surprising source: the hemp plant,” reported a recent “New York Times” article (https://cnw.fm/cH4CI). “Horschel, a five-time PGA Tour winner, began using cannabidiol, or CBD, products shortly after he missed the cut at the British Open in July. He had four top-eight finishes in the next four months and was playing some of the most consistent golf of his career before the season was suspended in March because of the coronavirus pandemic. . . . He is the latest in a growing group of tour members, including Bubba Watson, a two-time Masters champion, and Scott McCarron, the reigning Schwab Cup winner on the Champions Tour, who are paid endorsers for CBD products.”

In addition to golf and the MLB, an ESPN article reports that CBD use is allowed in the National Women’s Soccer League. The substance is currently prohibited in the NFL, NBA, MLB and NHL. However, “the NBA has also expressed interest in revising its bylaws against CBD use. In 2018, CBD was removed from the World Anti-Doping Agency’s banned substances list” (https://cnw.fm/ZkgFm).

The same article noted that CBD, short for cannabidiol, “has often been touted as a cure-all of sorts. Manufacturers and users claim, mostly anecdotally, that it has given them relief from muscle soreness and swelling and helped curb stress and anxiety. . . . Hemp-based CBD is legal — in various forms from ingestible oils to topicals — in all but three states in the U.S. and is legal at the federal level. States have their own rules restricting or allowing CBD products to be sold, and in many states, CBD can be sold over the counter in drug stores. It remains unregulated by the Federal Drug Administration, however.”

The ESPN article reported that the global market for CBD oil should grow from $967.2 million in 2020 to $5.3 billion by 2025 — all without CBD brands being allowed to directly advertise their products on social media.

WTER chairman Aaron Keay, a former Canadian national soccer team member, is an advocate for CBD use in sports, as well as other aspects of everyday use. “If you look at the kind of the athlete adoption of it, it kind of coincides with how the world is taking it on and looking at it. But you have a few movers and shakers that are willing to take the risk and say: ‘Look, CBD is going to become mainstream way ahead of cannabis and THC,'” Keay told ESPN. The Alkaline Water Company Inc. is a proud supporter of sports; the company’s brand ambassador Chez Reavie, who wears WTER’s flagship Alkaline88 logo on his shirt and sports an Alkaline88 golf bag at all PGA events, won the 2019 Travelers Championship Tournament.

The Alkaline Water Company offers an exclusive line of A88CBD(TM) products, ranging from tinctures, capsules and gummies to lotion, creams salves. The A88CBD products are formulated using high-quality, U.S.-grown hemp and made with 100% natural ingredients, cruelty-free, and gluten-free ingredients.

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. In 2019, Alkaline88 launched A88 Infused(TM) to meet consumer demand for flavor-infused products. A88 Infused flavored water is available in seven 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.

To learn more about this company, please visit www.TheAlkalineWaterco.com.

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.

To receive instant SMS alerts, text CANNABIS to 21000 (U.S. Mobile Phones Only)

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CBDNewsBreaks – The Alkaline Water Company Inc. (CSE: WTER) (NASDAQ: WTER) Expands A88CBD(TM) Ingestible Line with Innovative New Product

The Alkaline Water Company (CSE: WTER) (NASDAQ: WTER), a producer of premium bottled alkaline and flavored-infused drinking waters and CBD-infused products, today announced that its lifestyle brand A88CBD(TM) will introduce new powder packs in four exciting flavors available by the end of November. “We are thrilled to announce another exciting and innovative product for our A88CBD ingestible line,” said WTER president and CEO Ricky Wright. “Recently, we have added multiple category-leading items to our portfolio of products that differentiate us from competitors. Initial feedback has been overwhelmingly positive, resulting in strong online sales. Our latest addition, the A88CBD powder packs, tastes great and carries the same high-quality, lab-tested CBD that is fully dissolvable in any food and beverage. With commitments from over 500 retail locations, we expect this highly anticipated product to be a hit in the all-natural channel, especially with the support of our growing CBD partner network. These powder packs will be available in four exciting flavors and are perfect for the on-the-go consumer looking for a quick boost with fast onset times. Our loyal customers can drop these powder packs into their favorite A88 products to create an energizing and refreshing drink.”

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

About The Alkaline Water Company

Founded in 2012, The Alkaline Water Company 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 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 seven 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 includes both the company’s lab-tested, full-spectrum hemp salves, balms, lotions, essential oils and bath salts, along with broad-spectrum hemp beverage shots, powder packs, oil tinctures, capsules and gummies. To learn more about the company, visit www.A88CBD.com and www.TheAlkalineWaterCo.com.

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

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 – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Reports Annual General Meeting of Shareholders Voting Results

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1), a global diversified portfolio of distinct businesses, products and brands, today announced detailed voting results from its 2020 Annual General Meeting of Shareholders that was held on November 9, 2020. Among other highlights, Michael La Brier, Beena Goldenberg, Jackie Poriadjian-Asch, Ronald Factor, Colin Moore and Kenneth R. McKinnon were elected to the company’s board of directors. The newly elected board members will serve until the next annual meeting of shareholders, or until their successors are elected or appointed. In addition, KPMG LLP were reappointed as auditors of the company to hold office until the next annual meeting, and the board is authorized to fix their remuneration. SPRWF filed a report detailing the results on all resolutions voted on at the meeting on www.sedar.com.

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

About Supreme Cannabis

The Supreme Cannabis Company is a global diversified portfolio of distinct cannabis companies, products and brands. Since 2014, the Company has emerged as one of the world’s most premium producers of recreational, wholesale and medical cannabis products.

Supreme Cannabis’ portfolio of brands caters to diverse consumer and patient experiences, with brands and products that address recreational, wellness, medical and new consumer preferences. The Company’s recreational brand portfolio includes 7ACRES , Blissco , 7ACRES Craft Collective , Sugarleaf and Hiway . Supreme Cannabis addresses national and international medical cannabis opportunities through its premium Truverra brand.

Supreme Cannabis’ brands are backed by a focused suite of world-class operating assets that serve key functions in the value chain, including scaled cultivation, value-add processing, automated packaging and product testing and R&D. Follow the Company on Instagram , Twitter , Facebook  and YouTube . For more information, visit the company’s website at www.Supreme.ca.

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

About CanadianCannabisWire

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

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420 with CNW — CBD Shampoo Alleviates Symptoms of Scalp Inflammation

For the past couple of years, cannabidiol (“CBD”) has held the world’s attention. Extracted from industrial hemp, a nonpsychoactive variety of cannabis, CBD is brimming with potent medicinal properties. Anecdotal evidence and preliminary research have found it effective against a host of medical conditions including anxiety, insomnia, post-traumatic stress disorder (“PTSD”) and pain.

According to a team of researchers from Italy and the United States, cannabidiol may also offer relief against scalp inflammation. Also known as scalp dermatitis, inflammation of the scalp usually results in flaky, itchy and painful patches. It is often caused by scalp psoriasis and seborrheic dermatitis. Dr. Shani Francis, a board-certified dermatologist who specializes in hair loss and the chief wellness officer of Ashira Dermatology, says that “scalp dermatitis is a very broad condition, and it has multiple diagnoses which are very common, as well as some rare ones.”

Save for a few instances, scalp inflammation isn’t a serious condition, and it can usually be treated with either topical treatments or over-the-counter medications. When researchers from Italy and the United States recently teamed up to explore the efficacy of cannabis-based shampoos on patients who suffer from scalp inflammation caused by scalp psoriasis or seborrheic dermatitis, the results were encouraging. The team found that cannabidiol has potent anti-inflammatory properties, making it a suitable treatment against a condition caused by inflammation, at least on paper.

They evaluated the “efficacy of a shampoo containing 0.075% broad-spectrum cannabidiol in 50 subjects with mild to moderate scalp psoriasis or seborrheic dermatitis,” the study authors note. At the end of the study, the researchers found that the CBD shampoo provided noticeable relief to study participants after only two weeks of use.

The researchers measured inflammation by evaluating how dense the twisted/glomerular or arborizing vessels were. They relied on trichoscopy using a six-point scale at baseline and day 14. Several symptoms, including itching or burning sensations, erythema/scaling, overall tolerability, as well as subject satisfaction were evaluated.

New York dermatologist Matthew Lin, MD, states that the endocannabinoid system works with CBD to reduce the symptoms of scalp inflammation. It acts on the cannabinoid receptors and reduces what are known as inflammatory cytokines within the scalp. Using a CBD shampoo could improve eczema, dandruff, and seborrheic dermatitis as well as an itchy, flaky scalp.

This lines up with what the team of researchers concluded at the end of the study. Changing the current shampooing practices and taking up a shampoo containing CBD can significantly reduce both the severity and the symptoms of scalp inflammation in approximately two weeks, with the added bonus of high tolerability and treatment satisfaction in people with mild or moderate scalp psoriasis or even seborrheic dermatitis.”

Sugarmade Inc. (OTCQB: SGMD) is a company you should watch in the cannabis sector. The firm specializes in offering delivery services to cannabis businesses, and SGMD has recently ramped up its plans to start marijuana cultivation.

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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HempFusion Wellness Inc. Is ‘One to Watch’

  • HempFusion’s current product offerings, already available in stores, include tinctures, capsules, OTC topicals, edibles, probiotics and a doctor/practitioner line
  • The company abides by all FDA regulations for its full line of products. It is one of few companies marketing FDA Drug Listed Topicals
  • HempFusion is currently one of 12 CBD companies conducting a study addressing FDA concerns regarding CBD products and human safety
  • The significant time and capital invested in HempFusion’s compliance provide the company with a competitive advantage in the expanding CBD market
  • The CBD sector is projected to reach $16.8 billion by 2025
  • The company has the second-largest cash presence in the market at $18.3 million as of June 30, 2020, and it is preparing to launch an IPO and list on the Toronto Stock Exchange under ticker symbol ‘CBD.U’

HempFusion Wellness is a leader in the health and wellness CBD industry, providing innovative and diversified proprietary formulations utilizing the power of whole-food hemp nutrition.

Invested heavily in regulatory compliance, HempFusion aims to consistently meet and even exceed the high standards required by retailers and consumers – putting safety, quality and consistency first. In support of these efforts, the company is U.S. Hemp Authority Certified and is a current board member of the U.S. Hemp Roundtable, a coalition of leading companies committed to advancing safe hemp and CBD products.

HempFusion reported 1,750 shareholders and $18.3 million in cash as of June 30, 2020 – the second-largest cash position in its sector – with no debt. Looking ahead, the company is currently preparing to launch an IPO directly onto the Toronto Stock Exchange (“TSX”) senior board, where it has already reserved ticker symbol ‘CBD.U’. Learn More About HempFusion Upcoming IPO.

HempFusion is headquartered in Denver, Colorado.

HempFusion’s Proprietary Wellness Portfolio

The diverse product portfolio showcased by HempFusion includes 46 products that are currently on shelves. The company’s leading offerings include HempFusion-owned Biome Labs, HF Labs and Probulin. Due to the time and resources allocated to increasing the compliance of these proprietary products, HempFusion may have a competitive advantage and create additional retail opportunities that are not available for other CBD companies.

HempFusion’s Diversified Revenue Pipeline

HempFusion’s focus and investment into regulatory compliance has opened doors to major food and drug mass or big box retailers that are not available to other CBD companies. This strategic approach includes five distinct channels:

  • Natural Health Retailers
  • eCommerce
  • Big Box / Food and Drug Mass
  • Doctor Practitioner
  • Convenience

HempFusion’s Line of Products

HempFusion’s branded line of products is based on the company’s proprietary Whole Food Panoramic Full-Spectrum Hemp Complex. Each product is condition-specific, targeting needs such as sleep, energy and stress.

All of HempFusion’s products are made from DNA-verified, European Union registered, non-GMO, organic industrial hemp. The company’s offerings span multiple product categories, including:

  • Tinctures and capsules – These offerings make up the most popular product category in the $4 billion U.S. CBD market.
  • OTC topicals – HempFusion is one of the few CBD companies marketing FDA Drug Listed Topicals. The FDA compliance standards ensure that these products meet the standards set by larger national retailers.
  • Condition-specific OTC products – HempFusion has OTC products that are condition-specifically targeted, including:
  • OTC Pain Products – The global pain relief market for topicals is projected to reach $13.3 billion by 2025, with a CAGR from 2018 to 2025 of 7.4%.
  • OTC Eczema Products – The global dermatitis market is projected to reach $13.6 billion by 2026.
  • OTC Acne and Aging/Beauty Products – The global market for beauty and anti-aging products is currently estimated at $1.08 trillion.
  • OTC First Aid and Wound Healing Products – In 2019, the 10 top-selling first aid ointments in the United States generated over $650 million in sales.

Probulin Probiotics and Digestive Enzymes

Probulin Probiotics is a 100% wholly owned subsidiary of HempFusion Wellness Inc. and is currently one of the fastest growing probiotics brands in the United States, according to Spins syndicated data.

The Probulin product line addresses a wide range of consumer needs, including daily care, total care, women’s health and children’s products. The probiotics market represents a growing opportunity, as it is estimated to reach $7 billion globally by 2022.

Because of the diverse offerings of the Probulin line, it serves as HempFusion’s gateway to retailers who may not currently carry CBD products.

This ‘Trojan Horse Strategy’ is intended to allow the company to establish, develop and build relationships among these retailers. By achieving approved vendor status, the company may be able to facilitate faster onboarding times, enabling accelerated access to its CBD products in the future.

HF Labs and Biome Research – Doctor and Practitioner Product Lines

The HF Labs and Biome Research product lines are directed toward doctors and practitioners and cater to hospitals, compounding pharmacies and free-standing dispensaries. With an estimated target market of 28,000+ integrative medical doctors and 70,000+ licensed chiropractors in the United States, these offerings create a unique market opportunity as HempFusion continues to broaden its footprint in the CBD industry.

Research on CBD and Human Safety

HempFusion is one of 12 CBD companies selected to participate in ValidCare’s groundbreaking study regarding CBD and human safety, which is expected to be complete by the end of October 2020. The study is designed to address previous questions from the FDA regarding CBD products.

As part of this study, HempFusion and the other selected companies will be conducting human trials to determine if the daily use of full-spectrum hemp-derived CBD or CBD isolate impacts the human liver.

Management Team

Jason Mitchell, N.D., is the co-founder, Director and CEO of HempFusion. He has over 20 years of experience in the natural products industry and is a naturopathic doctor certified by the ANMCB. Mitchell received his doctorate from the Trinity College of Natural Health and is a member of the American Naturopathic Medical Association and the CNHP. He is an expert in supplemental formations and was responsible for successfully creating and launching over 300 industry-leading products during his 15-year tenure at Country Life Vitamins.

Ian DeQueiroz is the Chief of Brand Strategy & Partnerships and a Director for HempFusion. He is a serial entrepreneur with experience in early-stage cannabis and hemp companies. In 2010, he acquired his first cannabis CO2 extraction company in the United States. DeQueiroz has facilitated the licensing process for many companies in the United States, as well as one of Jamaica’s premier cannabis companies, Epican Medicinals Ltd.

Jon Visser is HempFusion’s Chief Revenue Officer. He has over 25 years of experience in all areas of sales and marketing, with a proven track record of consistently driving growth across all major channels. Visser was previously the Senior Vice President of Sales at Navajo Inc., a multi-national manufacturer/distributor of brands like Pennzoil Automotive Supplies, Piranha Eyewear and Navajo Inc., the largest distributor of trial- and travel-sized health and beauty products in the United States. Visser grew annual sales from $60 million to $128 million in less than three years while at Navajo Inc.

Bruce Valentine Jr. is the Chief Financial Officer of HempFusion. He has a proven track record working with high-growth companies and was named CFO of the Year in 2013 by the Northern Colorado Business Report. Valentine is the former CFO of Otter Products and has over 15 years of financial management experience.

Ola Lessard is the Chief Marketing Officer of HempFusion and is also the President of the U.S. Hemp Roundtable. She has experience in marketing creative and effective brand strategies. She is a former Vice President of Marketing at Barlean’s, an award-winning supplements provider based in Washington.

Nancy Angelini is the Director of the Doctor/Practitioner Channel. She has over 25 years as an active, licensed practitioner. Angelini travels the country as a lecturer and product manager. She is responsible for opening doors to some of the largest doctor/practitioner networks in the United States.

Daniel Brody is the Chief Corporate Officer of HempFusion. He is the co-founder and former Vice President of The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF). Brody has been instrumental in listing multiple world-class cannabis companies, including TGOD, Emblem Corp. and Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF). Before joining the cannabis industry, he spent seven years working at two leading Canadian brokerage firms.

For more information, visit the company’s website at www.HempFusion.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 HempWire

HempWire (HW) is a dedicated information provider focused on (1) aggregating hemp-related news, (2) issuing HempNewsBreaks designed to update investors on the latest developments in the hemp market, (3) enhancing corporate news releases, (4) providing full-service distribution and social media offerings to public and private client-partners and (5) designing and implementing all-inclusive corporate communication solutions. HW is strategically positioned within the rapidly expanding hemp sector with a team of journalists working to help a growing roster of public and private companies reach a wide audience of investors, consumers and members of the media. We leverage a vast network of more than 5,000 key syndication outlets to deliver unparalleled visibility, recognition and content to the hemp industry. HempWire (HW) is where HEMP news, content and information converge.

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420 with CNW — Will Europe Increase Its THC Limit to 0.3%?

In late October, the European Parliament voted to raise the THC limit for industrial hemp from 0.2% to 0.3%. Back in 1984, the standard for a European THC limit in industrial hemp was set at 0.5%. That limit was reduced to 0.3% in the 1970s and reduced even further to 0.2% in 1999. The original goal of the 0.2% limit was to prevent high-THC marijuana from being grown in low-THC industrial hemp fields.

However, in the 20 years since the limit was set, hemp farmers in Europe have been pushing for it to be raised, arguing that the limit reduces the number of strains they can use. Amendment 8 & 93, which raises the limit state, “As regards the areas used for the production of hemp, in order to preserve public health and to ensure the coherence with other bodies of legislation, the use of hemp seeds varieties with tetrahydrocannabinol content below 0.3% should be part of the definition of eligible hectare.”

These amendments were passed alongside Amendment 234, which adds hemp to the sectors covered by EU marketing standards so that eventually products could be graded according to appearance, consistency, characteristics and restrictions. Parliament’s vote to increase the limit to 0.3%, bringing it in line with the THC limits used in the Americas, has been met with applause from hemp activists.

“The increase of THC level would allow new varieties to enter the market and to be bred, resulting in a better adaptation of the crops to the climatic conditions of the different EU territories,” the European Industrial Hemp Association said in a statement.

Now that the European Parliament has approved the amendment increasing the THC limit to 0.3%, a few more steps are required before that legislation can take effect. Although advocates and players in the hemp industry have met the news with praise, some wonder whether the amendment will actually become effective. Parliament’s vote only establishes its opinion on the Common Agricultural Policy Reform proposal. For the amendment to actually go into effect, it has to be approved by two more bodies: The Council of the European Union and the European Commission.

These three bodies are set to begin negotiations on the agricultural policies in mid-November, only a couple of weeks away. At this point, any outcome is possible.

One interesting company you should watch in the cannabis sector is Pure Extracts Technologies Corp. (CSE: PULL). The firm focuses on extracting plant compounds, especially marijuana compounds. Recently the company added a new functional mushrooms vertical to its operations.

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.

To receive instant SMS alerts, text CANNABIS to 21000 (U.S. Mobile Phones Only)

For more information please visit https://www.CNW420.com

Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW420, wherever published or re-published: http://CNW.fm/Disclaimer

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