CannabisNewsBreaks – Three Canadian Licensed Producers with Price Target Downgrades

A technical420 editorial published today and written by Anthony Varrell highlights details regarding three Canadian Licensed Producers (“LPs”) with price target downgrades. The cannabis sector, yesterday, recorded one of its best trading days of the year, coming after Aphria Inc. (TSX: APHA) (NYSE: APHA), a leading Canadian LP, released first quarter financial results. According to the update, one of the reasons the move caught attention is because it comes after heavy pressure on the cannabis sector. Canadian LPs such as Aphria have been some of the most impacted during this time. The article goes on to highlight some of the recent price target changes on Aphria, Canopy Growth Corp. (TSX: WEED) (NYSE: CGC) and Aurora Cannabis Inc. (TSX: ACB) (NYSE: ACB), indicating these three Canadian LPs are trading well below the average price target issued by the listed broker-dealers.

To view the full press release, visit http://cnw.fm/OOmf3

About Technical420

Technical420 is dedicated to educating investors about the risk and rewards of investing in the cannabis industry. It highlights companies that have the most growth potential by utilizing its proprietary analytics platform. For more information, visit www.technical420.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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CBDNewsBreaks – Neutra Corp.’s (NTRR) New Sports Cream Hits Shelves as CBD Products Reach New Heights of Popularity and Sales

Early-stage research and development company Neutra Corp. (OTCQB: NTRR) together with its subsidiary VIVIS Corp. (www.VivisCorp.com) today announced release of its new CBD-based, menthol-infused sports cream. According to the update, the timing is optimal as the sports cream will hit store shelves at the same time that CBD products have gained mainstream acceptance across the nation. “We’re definitely hitting the market at the best possible time,” Neutra CEO Sydney Jim said in the news release. “CBD products like VIVIS’s new sports cream have never been more accepted and have never been in as great a demand as they are now. With one in five Americans participating in a sport or exercising regularly, there’s going to be a lot of interest in our product, especially when our cream will be consistency and potency assured by third-party testing. That’s a key market differentiator consumers will appreciate.”

To view the full press release, visit http://cnw.fm/xNhe3

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 in which consumers are demanding access to products that promote health and stave off potential health dangers. One of the nutraceutical sub-markets is the new thriving hemp-based CBD market, in which the company intends to participate. For more information, visit the company’s website at www.NeutraInc.com.

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

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 – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) to Present at the Benzinga Cannabis Capital Conference in Chicago

Plus Products (CSE: PLUS) (OTCQX: PLPRF), a leading cannabis branded products company in the U.S., this morning announced its plans to present at the Fifth Benzinga Cannabis Capital Conference. The event is slated to be held in Chicago from October 22-23, 2019. Plus Products will present to an audience of public and private companies and fellow institutional, family office and accredited investors looking for the right opportunities in a crowded and volatile market.

To view the full press release, visit http://cnw.fm/S2otp

About Plus Products Inc.

Plus Products Inc. manufactures cannabis products in California. The company offers cannabis-infused edibles to the regulated medicinal and adult-use, or recreational markets. It sells products under the PLUS brand to dispensaries and delivery service customers. The company was incorporated in 2018 and is headquartered in Vancouver, Canada. For more information, visit the company’s website at www.PlusProducts.com.

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

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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CannabisNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) Portfolio Company Obtains Health Canada License Amendment

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, on Tuesday announced that its portfolio company James E. Wagner Cultivation Corp. (TSXV: JWCA) (OTCQX: JWCAF) (“JWC”) received a Health Canada license amendment permitting cannabis production in four new flowering rooms at its flagship facility in Kitchener, Ontario. The additional flowering rooms are part of an ongoing program to expand JWC’s existing production capacity. Once fully operational, the expansion will double the facility’s current licensed production capacity from 22,000 square feet to approximately 44,500 square feet. “We believe that this license amendment demonstrates Health Canada’s recognition of JWC, the quality of its operations, and its disciplined approach to expansion,” Canopy Rivers chief operating officer Olivier Dufourmantelle stated in the news release. “Through its supply agreement with TerrAscend, JWC has an active role in the Canopy Rivers ecosystem. We’ve seen that companies that work together, thrive together, and we think this Health Canada approval will enable JWC to increase production and further collaborate within the Canopy Rivers ecosystem.”

To view the full press release, visit http://cnw.fm/SBYx7

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.

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

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420 with CNW – Group Campaigns for Congressional Action on Pesticide-Free Marijuana

Last Tuesday, Beyond Pesticides, a nonprofit organization said that a lack of federal regulations on pesticides used on marijuana plants is putting marijuana consumers at risk.

Beyond Pesticides are advising their supporters to send letters to lawmakers urging them to hold hearings and investigations on the illicit use of unapproved pesticides in the legal markets to prevent toxic pesticide contamination. They are urging the state to advise the farmers to adopt an organic system of planting the cannabis crop.

The Environmental Protection Agency (EPA) has to approve and register each crop before farmers can apply the pesticide. And since cannabis is not a legal agricultural crop, EPA will not be able to register any pesticides for the crop as it will require first to carry out studies showing their environmental and human impact. Moreover, there are no established tolerances for pesticide use in marijuana plants; therefore, EPA cannot approve labeling of the product’s safety requirements.

However, in August, EPA announced that they are reviewing ten pesticides that can be used on hemp crops.

Some states that have implemented their own regulations regarding pesticide application in cannabis crops have reported several cases of contamination. These states include California, Colorado, and Oregon. This situation requires congressional interference, argues Beyond Pesticides, because the use of federally registered pesticides is prohibited in other states.

The letter says that states do not have the permission to allow the use of pesticides in marijuana production or processing because of the absence of federal testing on the possible effect of pesticides on marijuana users, producers, and the environment as a whole. However, it can provide guidelines for sustainable production practices meant to protect the health of the consumers and the environment.

The nonprofit organization argues that the only option for marijuana farmers is to embrace input exempt from federal registration and adopt organic soil management practices. However, the downside to embracing the organic soil management approach is the continued registration of pesticides for marijuana in some states, which violates federal law.

The group further argues that it would be prudent, precautionary, and a positive trajectory for the farmers to follow the dictates of the national organic soils management practices when growing marijuana.

Beyond Pesticides says that it is essential to limit consumer exposure to pesticide. This is because pesticides introduce toxic chemicals to medical marijuana products. And, the ability of the body to detoxify these pesticide chemicals can be hindered by using medical marijuana because cannabinoids essentially inhibit enzymes that assist in detoxifying chemicals.

Beyond Pesticides made two recommendations to be addressed by Congress. The first issue is for Congress to hold hearings documenting states that are using federally registered pesticides, thus violating federal law. The second issue is for Congress to request the Office of the Inspector General and Government Accountability Office to conduct an investigation that clarifies the responsibility of the EPA and state enforcers in ensuring pesticide product labeling compliance.

It is strongly believed that cannabis industry actors like Neutra Corp. (OTCQB: NTRR) and Organigram Holdings Inc. (TSX: OGI) (NASDAQ: OGI) are also concerned about pesticide use but a definitive direction can only be provided by the authorities.

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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 – Roadside Marijuana Breathalyzers Could Soon Be Available

Drivers who have smoked marijuana in the past three hours will be easily identified using roadside breath tests, which may be available in 2019. It has been reported that the two companies manufacturing roadside marijuana breathalyzers such as Oakland-based Hound Labs and Sann Tex are hoping that by the second quarter of 2020, their breathalyzers will be ready for use.

Mike Lynn, who is the co-founder of Hound Labs, said that his company’s Breathalyzer would be able to identify someone who has used marijuana in the past three hours since that is when the drug is in full effect, and as a driver you are impaired.

The AAA Foundation for Safety published the results of a survey they conducted earlier this year, which showed that close to 15 million Americans had driven a vehicle after smoking weed in the past one hour or used marijuana in the past 30 days.

Both companies are developing devices designed to check the presence of THC in the body. THC is the compound that gives the high effect.

Compared to alcohol, THC detection in the body is very hard because the amount of psychoactive compounds in the body is minute. That is, it is a million times lower than the quantity of alcohol in a drunk person’s body.

The Breathalyzers will help fill a gap in the marijuana market since medical and recreational marijuana are increasingly being legalized across the country, said the developers.

For the police force to determine if a person is under the influence of cannabis, they have to go through an expensive and time-consuming process where Drug Recognition Officers (DROs) are used to identify people who have consumed marijuana in the past 1-3 hours. DROs are specially trained to identify people who are under the influence of any drug.

When a DRO suspects a driver of being under the influence, the said driver is driven to the hospital for blood tests, which identifies the type of drug in their system. The DRO then has to provide testimony in court, which is time-consuming.

The new devices will make the work of the police ten times easier since they can directly identify and convict people under the influence of marijuana; thus, reducing the cost and time spent by the police. It also reduces the work of the defense attorneys when proving their client’s innocence if they were wrongly accused of being high while driving.

Companies using heavy pieces of machinery or engaging in dangerous tasks could also use the testers to check if their employees are under the influence to minimize the occurrence of accidents. This would be beneficial to both the employer and employee.

The Madera Police Chief, Dino Lawson, in an interview with Sacramento Bee, said that the new technology is exciting, and although the police force is happy about it, they hope more improvements will be made to perfect the device.

Analysts believe that marijuana industry players like Hemptown USA and Sugarmade Inc. (OTCQB: SGMD) may be having reservations about these devices since determining marijuana intoxification isn’t as easy as identifying alcohol intoxication.

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CannabisNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Subsidiary Launches Proprietary Sativa-Dominant Strain

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) holds a diversified portfolio of cannabis brands including its wholly owned subsidiary, 7ACRES. An article discussing the company reads, “Recently, SPRWF announced the initial market entry of Jack Haze, a proprietary strain from its 7ACRES subsidiary. The unique 7ACRES Jack Haze strain is the first of a series designed to differentiate the high-end flower offering of 7ACRES from that of its competitors. That superior quality, the company says, will enable it to maintain premium pricing across Canada. Jack Haze is the company’s first sativa-dominant strain, offering rare sensory characteristics and a crisp and zesty evergreen flavor with visual appeal. The Jack Haze strain will be available in September in select Canadian provinces supplied by 7ACRES (http://cnw.fm/ISk86). . . . ‘This cultivar’s expression possesses a unique haze profile with a classic, sweet sativa smell and strong visual appeal,’ chief advocacy officer and founder John Fowler stated in a news release. ‘As we develop and introduce unique strains, we further differentiate 7ACRES’ high-end flower offering and continue to achieve premium pricing across Canada.’”

To view the full article, visit http://cnw.fm/g9bHO

About Supreme Cannabis Company

Supreme Cannabis 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 Cannabis Corp., a wellness cannabis brand and a multilicensed 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 United Kingdom and Europe and a brand partnership and licensing deal with Khalifa Kush Enterprises Canada. 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

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CBDNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Applies Organic Craft Growing Principles to Produce Premium Cannabis

The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF) produces high-quality, organic medical and recreational adult-use cannabis using organic craft growing principles. An article discussing the results reads, “While cannabis companies abound, TGOD continues to impress with its organic emphasis and the overall quality of its products. TGOD’s cannabis is grown in its proprietary living soil in accordance with all-natural principles. Moreover, its growing process is certified organic by Pro-Cert and ECOCERT, two top organic certification bodies. Of note is the fact that, according to a 2019 study conducted by Hill & Knowlton, more than 50% of recreational consumers intending to purchase cannabis stated that it is important that their cannabis be organic, and over 60% of medical patients prefer organic cannabis. As one of the few certified-organic companies in Canada, these numbers give TGOD an edge in the market.”

To view the full article, visit http://cnw.fm/SWnI9

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.

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

About CBDWire

CBDWire (CBDW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CBDNewsBreaks 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, CBDW 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. CBDW 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, CBDW brings its clients unparalleled visibility, recognition and brand awareness. CBDW is where news, content and information converge.

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CannabisNewsBreaks – CannabisNewsWire to Serve as Official Dissemination Partner of Cannabis World Congress & Business Expo in Boston

CannabisNewsWire (“CNW”), an information service specializing in cannabis-related news, announced that it will serve as an official dissemination partner of the upcoming Cannabis World Congress & Business Expo (“CWCBExpo”). Widely recognized as one of the leading business-to-business trade shows and conferences for all legalized and medical cannabis industry sectors, the CWCBExpo is scheduled to take place at the Hynes Convention Center in Boston, Massachusetts, from October 24–26, 2019. “Our network provides powerful syndication with more than 5,000 outlets, which we utilize to distribute press releases and articles that feature Cannabis World Congress & Business Expo’s impressive lineup,” CNW Director of Syndicated Communications Christopher Johnson said in the news release. “We will also use our extensive group of social media channels and affiliated brands such as CannabisNewsWatch to attract additional attendance from growing audiences of cannabis enthusiasts. We are honored to work with the CWCBExpo team to bolster awareness for its events.”

To view the full press release, visit http://cnw.fm/u3InD

About Cannabis World Congress & Business Expositions

CWCBExpos are the premier business-to-business events for the legalized cannabis industry and are held three times per year in the largest financial, business and media markets: New York, Los Angeles and Boston. Connect on Twitter, Facebook, Instagram, and LinkedIn: @cwcbexpo. To register for the upcoming Cannabis World Congress & Business Expo in Boston, visit www.CWCBExpo.com.

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420 with CNW – California Governor Signs Law Allowing Medical Marijuana on K-12 Campuses

In some California school districts, parents can now bring medical marijuana to their children in K-12 campuses; this is according to a new bill signed into law by Governor Gavin Newson. Last year, Governor Jerry Brown had barred the same bill.

The bill which was signed late Wednesday states that, if the school board permits access, parents can administer medical marijuana that is not in the form of vaping or smoking products to the students on the campus premises.

Governor Newson who was among the first proposers of the 2016 recreational cannabis legalization, overruled the opposition by law enforcement groups and signed the bill.

In his rejection message, Governor Brown had previously said that allowing the use of medical marijuana in schools would expose the youth to the drug and the probability of them using medical cannabis for all ailments was high.

Senator Jerry Hill (D-San Mateo) supported the bill saying that medical marijuana is vital as it can help hundreds of students with certain illnesses such as epilepsy. Besides the use of cannabis oil, creams and pills would be effective ways of treatment since vaping and smoking weed in schools is prohibited.

However, before parents administer medical marijuana to their children, they must obtain a doctor’s recommendation to administer weed on campus.

A member of the Americans Against Legalizing Marijuana, Scott Chipman said that the bill is a stunt since the Food and Drug Administration has already approved medical marijuana for epileptic disorders taken morning and evening. Therefore, there is no valid reason for taking medical marijuana at school since it is more convenient before and after school, accoding to Chipman.

Jackie Goldberg, a member of the Los Angeles unified school district, voiced her support for the bill and said that she would talk to the health officials in the region to recommend a policy on the same. She further added that the medicine should be available when the need arises and if the student’s family gets a medical marijuana prescription.

The new law will help students like JoJo attend school. According to his mother, Karina Garcia, JoJo takes medical cannabis tinctures to manage debilitating seizures that have prevented him from attending school. The new law is nicknamed JoJo’s Act by Hill.

On Thursday, Hill said Governor Newsom lifted all barriers for students who can only use medical pot to treat or manage their medical disabilities when he signed JoJo’s Act.

The bill was opposed by the majority of Republican lawmakers who said that it would promote drug abuse. The California Police Chief was also in opposition, saying that the top priority should be to prevent young adults under the age of 21 from accessing any marijuana products.

The new law goes against the rule that states that possession or consumption of medical marijuana should not be within 1,000 feet of any school premises, which required the parent to administer the medicine out of the school premises.

If a school district permits the use of medical marijuana, the guardian should first check-in after arriving and take strict precaution not to expose other children to the products.

California is among the eight states allowing the use of medical marijuana on K-12 campuses, a move that experts believe is regarded by cannabis companies like Earth Science Tech Inc. (OTCQB: ETST) and Geyser Brands Inc. (TSX.V: GYSR) as a progressive step that all states where medical marijuana is legal should emulate.

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