420 with CNW – Universities Start Offering Marijuana Certificates to Healthcare Professionals

Healthcare professionals can now get cannabis certification from two education institutions, Pacific College of Oriental Medicine and Oaksterdam University.

Pacific College of Oriental Medical is the first institution to be regionally-accredited to offer healthcare professionals with a Medical Cannabis Certificate. The college is also a leader in integrative healthcare education.

This term, the college is partnering with Oaksterdam University to offer bonus cannabis lectures to their students.

The cannabis curriculum has been contributed to by professionals in the marijuana sector, and this includes attorneys, academics, activists, farmers and entrepreneurs. Among those who will be teaching are Natalie Darves and Paul Armentano, who will be sharing their extensive knowledge on the genetics and pharmacology of marijuana.

The partnership between the two institutions shows how important cannabis education is and their role as thought-leaders in the medical field.

The collaboration between the institutions will help advance cannabis education while guiding the healthcare professionals on the safe and effective use of marijuana, said Malcolm Youngren, COO of Pacific College.

According to Carey Clark, Pacific College program Chair, patients should be handled with care by providing them with accurate information about drug interactions, methods of purchasing CBD medication, how to derive maximum relief from medical marijuana as well as the side effects.

The two lecturers will cover topics on cannabis genealogy and cannabis and CBD. Cannabis genealogy expounds on cannabis genetics, how they are sourced and stabilized, and the cannabis genetic pool origin. They will also cover future research of genetics, genome testing and standards of labelling.

The cannabis and CBD topics will also cover the plant’s therapeutic properties, methods of administration, and how they interact with the body. They will also discuss specific conditions surrounding the use of cannabis and cannabinoids.

Dave Sky Jone, the Executive Chancellor of Oaksterdam University, said they are thrilled to partner with Pacific College in educating their students on the benefits and method of using marijuana.

The two institutions are looking forward to future opportunities of educating the healthcare industry on the importance of cannabis and its interaction with the human endocannabinoid system.

Pacific College of Oriental Medicines is the largest school that is accredited to offer courses in Chinese medicine and Massage therapy, such as acupuncture, in the U.S. It was founded in 1986 in San Diego and has branches in New York City and Chicago. The college has 1300 onsite students and 500 online students.

Meanwhile, Oaksterdam University is the first marijuana college in the U.S. It was founded in 2007 and has over 40,000 alumni all over the world. It offers its students hands-on marijuana plant experience. The university is popular because of its expertise and leadership in the marijuana sector as it provides regulatory training on government and public affairs by availing the students with exceptional learning and networking opportunities.

No one would be blamed for thinking that marijuana companies like The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) and Hemptown USA are excited that these two reputable institutions have started equipping healthcare professionals with the skills that the need to administer medical marijuana.

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 – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Subsidiary Drives Notable Q4 Revenues

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) recently reported impressive financial results in its FY2019 year-end report (http://cnw.fm/vQrj1). An article discussing the company reads, “The company pointed to its core recreational flower brand, 7ACRES, as key to its impressive revenue performance. Committed to providing enthusiasts with hand-crafted cannabis flower that delivers an uncompromised experience, revenue from 7ACRES grew 443 percent year-over-year, from $3.5 million in Q4 2018 to $19 million in Q4 2019, and 90 percent quarter-over-quarter, from $10 million in Q3 2019. . . . ‘Our positive adjusted EBITDA and significant revenue growth in the fourth quarter reflects the rapid scale of our 7ACRES business and continued strong sales pricing for our brands from the provinces as we transition our premium supply to recreational sales channels,’ Supreme Cannabis CEO Navdeep Dhaliwal stated in a news release.”

To view the full article, visit http://cnw.fm/9JFje

About Supreme Cannabis Company

The Supreme Cannabis Company, Inc., is a global diversified portfolio of distinct cannabis companies, products and brands. Since 2014, the company has emerged as one of the world’s fastest-growing, premium plant driven-lifestyle companies by effectively deploying capital, with an emphasis on disciplined growth and high-quality products. Supreme Cannabis’ portfolio includes 7ACRES, its wholly-owned subsidiary and multi-award-winning brand; Blissco, a wellness cannabis brand and a multi-licensed processor and distributor based in British Columbia; Truverra Inc., a global medicinal cannabis brand and licensed cultivator; Cambium Plant Sciences, a plant genetics and cultivation IP company; Medigrow Lesotho, an cannabis oil producer located in southern Africa; Supreme Heights, an investment platform focused on CBD brands in the UK and Europe and a brand partnership and licensing deal with Khalifa Kush Enterprises Canada. Supreme trades as FIRE on the Toronto Stock Exchange (TSX: FIRE), SPRWF on the OTC Exchange in the United States (OTCQX: SPRWF) and 53S1 on the Frankfurt Stock Exchange (FRA: 53S1). Follow the company on Instagram, Twitter, Facebook and YouTube. For more information, visit the company’s website at www.Supreme.ca.

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CannabisNewsBreaks – CannabisNewsWire to Serve as Official Media Partner at USA CBD Expo Vegas

CannabisNewsWire (“CNW”), an information service specializing in cannabis-related news, today announced that it will serve as an official media partner at USA CBD Expo Vegas, the nation’s largest CBD and hemp event. The trade show, slated to take place at the Las Vegas Convention center from February 13–15, 2020, will feature the largest selection of CBD/hemp products yet. More than 300 vendors and 500 brands will showcase new and innovative offerings including edibles, tinctures, beverages, topicals, vapes, cosmetics, flowers, pet products and more. Throughout the event, industry experts will share insight and experience, with an agenda covering topics from health and fitness to investing and product development. “Our 5,000-plus partner network — including USA Today, International Business Times, MarketWatch, Apple News and many others — provides a powerful communication tool to raise the awareness of this amazing event,” CNW Director of Syndicated Communications Christopher Johnson said in the news release. “In addition, we reach out directly to cannabis enthusiasts, consumers, businesses and investors from diverse demographics through social media accounts in our 40-plus brand network. Furthermore, USA CBD Expo Vegas will be featured prominently on our conference events page at CBDWire, HempWireNews and CannabisNewsWire. Through our efforts, we are dedicated to attracting additional attendees for this premier event and are honored to collaborate directly with the USA CBD team.”

To view the full press release, visit http://cnw.fm/lwwN0

About USA CBD Expo

USA CBD Expo strives to create the best and largest CBD / Hemp event in the nation, to consistently bring the most innovative and best products/brands to businesses and consumers, to compress a rapidly expanding industry into one all-encompassing, premier event. For more information, visit www.USACBDExpo.com.

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 – Sugarmade Inc. (SGMD) Achieves Exempt Status Removing Penny Stock Limitations

Sugarmade (OTCQB: SGMD), a major supplier to the hydroponic cultivation and hemp sectors, today announced that its stock has been awarded “Penny Stock Exempt” status on OTCmarkets.com in accordance with rules defined by the Securities and Exchange Commission (“SEC”). According to OTCmarkets.com, the status means that SGMD stock is now exempt from the limitations that accompany any security defined as a “Penny Stock” according to the SEC under Rule 240.3a51-1 because it meets one of the following: 1) A price of over $5 per share, 2) issuer has at least $6 million in average revenue for the last three years, or 3) issuer has excess of $2 million in net tangible assets if in continuous operations for at least three years or $5 million if less than three years. “It’s gratifying to see that our consistent success has delivered Sugarmade from the limitations associated with Penny Stock status, granting us access to a wider pool of potential investors,” Sugarmade CEO Jimmy Chan said in the news release.

To view the full press release, visit http://cnw.fm/p2kyP

About Sugarmade, Inc.

Sugarmade, Inc. (OTCQB: SGMD) is a product and branding marketing company investing in operations and technologies with disruptive potential. The company is becoming a leading supplier to the growing hemp industry and is benefitting from the growth of the hydroponic marketplace. The company is in the process of acquiring several leading hydroponic and agricultural supply companies that are currently producing in excess of $70 million in annual revenues. Sugarmade is also an investor in fast growing Hempistry, Inc., a Kentucky-based cultivator and Carryoutsupplies.com, a leader provider to the quick service restaurant industry. For more information, visit the company’s website at www.Sugarmade.com.

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

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CannabisNewsBreaks – HTC Extraction Systems (TSX.V: HTC) Closes Bought Deal Private Placement

HTC Extraction Systems (TSX.V: HTC) today announced the closing of its previously announced private placement financing of 25,000,000 units of the company, each at a price of $0.40. The offering resulted in gross proceeds of $10 million to the company, from which it intends to use net proceeds for the purchase of extraction, purification and refining equipment and general working capital purposes. Each unit consists of one common share in the capital of the company and one-half of one common share purchase warrant (each whole common share purchase warrant, a “warrant”). Each warrant will be exercisable to acquire one common share (a “warrant share”) at an exercise price of $0.70 per warrant share for a period of 36 months from the closing of the offering, subject to acceleration provisions.

To view the full press release, visit http://cnw.fm/9kkG9

About HTC Extraction Systems

HTC Extraction Systems has developed and optimized proprietary technologies designed for biomass extraction, distillation and purification of ethanol and ethanol-based solvents used for the hemp biomass and cannabidiol (“CBD”) industry, as well as gas and liquid extraction. HTC’s extraction & purification systems are engineered to large-scale to reduce capital and operating costs while delivering superior performance measured by reduced energy usage, lowered emissions and improved quality of the product produced. For more information, visit the company’s website at www.HTCExtraction.com.

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CannabisNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) and Kindred Form Strategic Alliance to Unlock Industry’s Long-Term Potential

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, and Kindred Partners Inc., a specialty cannabis brokerage and services company, today announced a strategic alliance to provide mutual benefits to both parties, as well as to Canopy Rivers’ portfolio companies. Kindred is a wholly owned subsidiary of Breakthru Beverage Group and leverages deep experience of its sister company, Breakthru Beverage Canada, in working with Canadian provincial control boards, public and private regulated cannabis businesses, licensed producers and retailers to broker regulated cannabis products for the adult-use market. “As we head into cannabis 2.0 and the Canadian cannabis market continues to develop in a highly regulated environment, we expect that distribution will be one of the key tenets of success for brands,” Canopy Rivers president and CEO Narbé Alexandrian said in the news release. “Our strategic alliance with Kindred presents a valuable opportunity for our portfolio companies to access the expertise and distribution channels necessary to enable their branded products to thrive. We’re excited to work with Kindred, alongside our portfolio, to unlock the industry’s long-term potential.”

To view the full press release, visit http://cnw.fm/L30Ki

About Canopy Rivers Inc.

Canopy Rivers is a venture capital firm specializing in cannabis. Its unique investment and operating platform is structured to pursue investment opportunities in the emerging global cannabis sector. Canopy Rivers identifies strategic counterparties seeking financial and/or operating support. Canopy Rivers has developed an investment ecosystem of complementary cannabis operating companies that represent various segments of the value chain across the emerging cannabis sector. As the portfolio continues to develop, constituents will be provided with opportunities to work with Canopy Growth Corporation (TSX: WEED, NYSE: CGC) and collaborate among themselves, which Canopy Rivers believes will maximize value for its shareholders and foster an environment of innovation, synergy and value creation for the entire ecosystem. For more information, visit the company’s website at www.CanopyRivers.com.

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HempNewsBreaks – Neutra Corp. (NTRR) Executes LOI with Orgaceutical

Neutra Corp. (OTCQB: NTRR), an early-stage research and development company, this morning announced that it has executed a letter of intent (“LOI”) with Orgaceutical that could initiate the joint development of various additional hemp-based medicinal products. Per the agreement, Harrisburg, PA-based Orgaceutical will provide Neutra access to its formal research results to explore the use of cannabinoids as antioxidants and neuro-protectants. In addition, Neutra will obtain rights to a federally registered hemp trademark and a license for hemp cultivation issued by the Commonwealth of Pennsylvania’s Department of Agriculture. “This LOI will propel us into an excellent position for research and development of exciting new applications for hemp-based medicinal CBD products,” Neutra CEO Sydney Jim stated in the news release. “With the cultivation license, we’ll have a constant and consistent supply of quality hemp under a vertically integrated cultivation model. With the research license, we’ll be free to explore new uses for hemp and products derived from it. Finally, with the trademark, we’ll have a federally protected brand name to pair with our existing VIVIS product line.”

To view the full press release, visit http://cnw.fm/MBzV8

About Neutra Corp.

Neutra Corp. (NTRR) is an early-stage research and development company with a focus on bringing modern healthy living solutions to a multibillion-dollar market. Cutting-edge technologies within the nutraceuticals, food and drug, and environmental purification sectors are creating a new kind of world culture—one where consumers are demanding access to products that promote health and stave off potential health dangers. One of the nutraceutical submarkets is the thriving hemp-based CBD market, in which Neutra Corp. intends to participate. For more information, visit the company’s website at www.NeutraInc.com.

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About HempWireNews

HempWireNews (HWN) 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. HNW 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. HempWireNews (HWN) is where HEMP news, content and information converge.

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420 with CNW – Why the Marijuana Black Market May Be Hard to Eradicate for Now

The marijuana market has been marked as one of the fastest-growing industries in the world by Wall Street. This comes after marijuana sales tripled all over the world between 2014 and 2018. By 2030 Wall Street estimates the global annual revenue to increase from 5% to 18%. The surge in pot stocks has attracted much interest as it is impossible for Wall Street and investors to ignore this type of growth.

Several challenges have cropped up which have caused a drop in the price of pot stocks over the past six months. The main problem is the rise in the black market for marijuana products despite the legalization of recreational marijuana in Canada and some states in the U.S. which was expected to curb the market.

Globally, California is the largest legal weed market; however, it is projected that illicit marijuana sales could outdo legal marijuana sales with a significant gap of 8.7 billion to 3.1 billion. In early February, Scotiabank estimated that black market cannabis sales would contribute 71% of the total sales in 2019.

The marijuana black market may be hard to eradicate for now because of the following five reasons.

Supply Shortages in Canada

Canada has been faced with a persistent marijuana shortage since the legalization of recreational marijuana in 2018. The deficit is attributed to the long line of cultivation, processing, and sale licenses. In 2019, the regulatory agency Health Canada had more than 800 applications pending approval, which would take the agency several months to work through. The growers and sellers are therefore forced to wait for the permits before they can grow or sell marijuana. Issuing of dispensary licenses is also slow forcing consumers to buy marijuana from the black market.

High Tax Rates in the U.S.

High taxation rates are forcing consumers to buy marijuana from the black market. In California for example, pot buyers are paying an excise tax of 15%, each ounce of dried cannabis incurs a wholesale tax of $9.25 for buds and $2.75 per ounce of cannabis leaves. When added, the total bill comes to an aggregate tax rate of 45% on legal weed. Factoring in the price of laboratory tests, it becomes clear why legal marijuana cannot compete with black market weed.

The Dispensary Licensing Process is Slow

The slow approval process of dispensary licenses in Canada, and the U.S. has contributed to the prosperity of the black market. For example, the slow pace of dispensary opening in Quebec, Canada severely affected the sell-through rate of marijuana while in California, one store is supposed to service 61,000 adults, and this is forcing consumers to purchase from the black market sellers.

Jurisdiction Challenges in some States in the U.S.

A severe problem is arising in the states such as California and Colorado, which gives jurisdiction to local municipalities to approve licenses for local retail stores. In California close to 805 of the cities have banned commercial marijuana and this has opened the door for the black market retailers to flourish.

Strict Regulations

The rules meant to bankrupt the black markets businesses seem to have failed. An audit carried out by the United Cannabis Business Association was presented to Governor Gavin Newsom, which showed that out of 3,757 listings of marijuana sellers in California, 2,835 of them were unlicensed.

Canada is a bit strict in implementing its regulations; for instance, Health Canada suspended cultivation and sale licenses for CannTrust Holdings and that could have contributed to worsening the supply shortages on the legal market.

Experts think cannabis companies like Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) and Grapefruit Boulevard Investments Inc. (OTCQB: IGNG) long for the day when each of the bottlenecks above will be resolved so that the black market can be decisively addressed.

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420 with CNW – Colorado Supreme Court to Decide on Medical Marijuana Rights of People on Probation

Is it fair for people on probation to present additional proof of their need for medical marijuana to judges? The Colorado Supreme Court is set to make a decision on this matter. This comes after Alysha Walton agreed to probation after she was arrested for speeding and driving under the influence and pleaded guilty in El Paso County in 2017. Her lawyer requested a hearing where he argued that she be allowed to continue receiving medical marijuana while serving her sentence, but the judge said that her doctor would have to testify.

Data from the Department of Public Health and Environment in Colorado shows that there are at least 80,000 people who have valid medical marijuana cards, and a quarter of these are patients from El Paso County. Therefore, it is hard to predict how many people have issues with these kinds of stipulations as conditions for those on probation.

No doctor was willing to testify on her behalf; therefore, Walton appeared at her hearing with only her medical card and a letter from a doctor despite being advised otherwise by the court. Eventually, the court ruled against her, and she was required to stop using medical marijuana during her probation. The Colorado Public Defenders office argued that the restriction was an abuse of the court’s power by the judge since she presented the documentation needed to support her need for medical marijuana.

According to Jay Tiftickjian, a law allowing people on probation to use medical marijuana was passed in 2015, although it is still not clear to what extent this law is being implemented because he still gets countless emails from people on probation requiring to use medical marijuana but are not allowed. Due to the colossal amount of inquiries, his firm added a page to their website for answering some of the common questions.

According to Tiftickjian, a judge’s view on weed can affect his decision where one judge may permit the use of medical cannabis while another may issue a strict sentence when asked for permission to seek medical marijuana treatment.

Tiftickjian had a client, John West, who was arrested for driving under the influence of alcohol in Jefferson County. The Judge gave West two options, either give up driving or retain his access to medical marijuana for two years. He gave up access to medical marijuana, went on anxiety medication and completed his probation and later went back to using medical marijuana.

One of the public defenders working on Walton’s case, Cayne Duncan, in his brief, wrote that the judge is supposed to look at the facts of medical marijuana enrollment. He further wrote that the judge would be abusing the court’s powers by issuing a requirement for a doctor to present the facts written in the letter.

The district attorney defended the ruling saying that the judge acted within the authority, which stipulates that a doctor should appear and testify on the need for medical marijuana by the patient.

A case challenging the requirement for a doctor to testify in support of a convict’s need to continue using medical marijuana as they serve their probationary period is now before the State Supreme Court. Marijuana industry experts believe that companies like ChineseInvestors.com Inc. (OTCQB: CIIX) and MustGrow Biologics Corp. (CSE: MGRO) will be hoping that the highest court in the state removes the added requirements for people on parole who want to use medical marijuana to manage their health conditions.

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CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Showcases Hamilton, Valleyfield Facilities through Analyst Site Visits

The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a leading producer of premium certified organic cannabis, hosted site visits at its Hamilton and Valleyfield facilities for roughly 25 analysts in September (http://cnw.fm/aC9Ly). An article discussing the company reads, “This marked the first time that TGOD has shared to this extent its Canadian flower production ramp-up, the unveiling of the cannabis 2.0 portfolio and a sampling of noninfused beverage formulations, which were well received. Management also provided an update on the phased facility’s construction completion. . . . Along with management, TGOD’s growing operations team introduced analysts from Canada and the United States to the company’s cultivation differentiator, proprietary technology and horticultural practices. Analysts walked the grounds of the combined 1,476,000 sq. ft. purpose-built facilities and received updates on the completion of Hamilton’s hybrid greenhouse and Valleyfield’s anticipated first harvest. Total annual production capacity at Hamilton is now 17,500 kilograms; Valleyfield will have approximately 65,000 kilograms of annual run rate capacity turning on in the fourth quarter of 2019 (http://cnw.fm/Jkn4a).”

To view the full article, visit http://cnw.fm/q2S1b

About the Green Organic Dutchman Holdings Ltd.

The Green Organic Dutchman Holdings is a publicly traded, premium, global, organic-cannabis company with operations focused on medical cannabis markets in Canada, Europe, the Caribbean and Latin America, as well as the Canadian adult-use market. TGOD also has organic-hemp, CBD-oil operations in Canada and, through its wholly owned subsidiary HemPoland, distributes premium-hemp CBD oil in the European Union. The company grows high-quality, certified-organic cannabis with sustainable, all-natural principles. TGOD’s products are laboratory tested to ensure patients have access to a standardized, safe and consistent product. TGOD has a planned global capacity of 219,000 kgs. and is building 1,643,000 square feet of cultivation and processing facilities across Ontario, Quebec, Jamaica and Denmark. For more information, visit the company’s website at www.TGOD.ca.

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