420 with CNW – Marijuana Could Help Prevent Diabetes Resulting from Severe COVID-19

A lot is being learned about the intersection between consuming marijuana and diabetes. Recently, a team of researchers has revealed that lots of people may be prone to developing diabetes after suffering from the severe forms of the COVID-19 disease. This complication can be alleviated using cannabis, the researchers think.

To confirm this theory, the researchers have set up a registry aimed at gathering data from doctors to establish how many people develop diabetes after suffering from severe COVID-19 and how many of those people had a history of using marijuana either recreationally or for medicinal purposes.

The CoviDiab Registry, as the researchers have called this research registry, is run by a team from the King’s College London in the UK.

They plan on building upon some earlier research which was completed towards the end of 2019. In that study, it was discovered that people who consumed marijuana had moderate blood glucose levels, an indicator that the person was less likely to develop diabetes. A similar study also found that the fasting insulin concentration in study subjects who consumed marijuana was lower than those who didn’t.

The King’s College London team is studying whether marijuana can increase the body’s ability to protect beta cells in the pancreas, thereby averting Type 1 diabetes which develops when the body is unable to make insulin.

The researchers also want to find out whether marijuana consumption accelerates the rate at which insulin production and sensitivity can resume after the ability of an individual’s body to process insulin has been compromised by severe COVID-19.

It is important at this point to emphasize that the link between marijuana use and COVID-19 is two-way. On the one hand, people who smoke marijuana are at a higher risk of contracting COVID-19 because smoke of any kind has an adverse effect on the lungs, thereby increasing your chances of suffering from severe forms of the COVID-19 disease.

On the other hand, marijuana use has been linked to improved metabolic function, a stronger immune system and a host of other therapeutic effects, all which put you in a good place to beat the COVID-19 disease should you ever contract it. The key here is in choosing your mode of marijuana administration carefully so that you get the benefits without exposing yourself to the risks. And above all, consult your doctor, especially when you are predisposed to developing diabetes. This message of caution resonates with what cannabis companies like Sugarmade, Inc. (OTCQB: SGMD) have been communicating to consumers, urging them to educate themselves before trying any cannabis product.

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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420 with CNW – Federal Commission Supports Expanding Psychedelics and Cannabis Research for Military Veterans

A federal commission that was asked to generate recommendations which will help to improve how military veterans suffering from mental health issues are treated has come to an unexpected conclusion urging the legislative and executive branches of the U.S. federal government to do everything possible to ease research into psychedelics and marijuana.

After months of meetings, the commission, named Creating Options for Veterans’ Expedited Recovery (“COVER”), released its findings in a report authored in January. Surprisingly, this report hasn’t drawn as much attention as it deserves among the marijuana law reform movement and the media.

The panel, led by Jake Leinenkugel (a presidential nominee), asserted that psychedelics, such as MDMA and psilocybin, as well as marijuana, present promising ways to treat mental health conditions among military veterans.

The panel also noted that while medical marijuana and some psychedelics have been used while treating military veterans, the Schedule 1 status of these substances prevents the Department of Veterans Affairs (V.A.) from doing any research about the efficacy or risks of these treatment options.

Furthermore, the scheduling status of psychedelics and marijuana in the Controlled Substances Act makes it very hard for entities interested in doing research to obtain regulatory approval for the planned studies. The researchers are required to get permission from many federal government agencies, and some of those agencies are openly opposed to any medicinal use of marijuana.

The supply of research-grade marijuana, together with other controlled substances, is woefully inadequate. Reports also indicate that the marijuana available from the sole government-approved supplier in Mississippi is chemically closer to industrial hemp than to the marijuana which is available in the retail dispensaries in states where marijuana has been legalized.

For this reason, the COVER panel recommends that the legislature and the executive arms of the federal government compels NIDA (National Institute on Drug Abuse) to develop varieties of marijuana whose THC content is at par with the medical marijuana that patients are accessing in states with enabling marijuana laws. This will ensure that researchers engage in research whose findings have relevance to the community.

The panel also wrote that using medical marijuana and psychedelics as treatment options for military veterans has cost implications and yet there is limited information about the efficacy and risks associated with these products. The VA was therefore urged to conduct rigorous research so that answers can be obtained about medical cannabis and psychedelics.

In the same vein, physicians working with the VA need to be equipped with research-based information about cannabis, MDMA and psilocybin so that they can have meaningful discussions with the military veterans in their care.

Since the panel has members selected by the President and those co-opted by Congressional leaders, analysts say sector companies like Pure Extracts Corp. hope the report will be given the seriousness it deserves and prompt action taken to correct the problems identified.

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 – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Announces Completion of Non-Dilutive Share Exchange Transaction, Share Structure Update

Plus Products (CSE: PLUS) (OTCQX: PLPRF), a cannabis and hemp branded products company in the U.S., today announced the completion of a non-dilutive share exchange transaction (the “Transaction”), under which an existing Company shareholder exchanged 75,500 Common Shares for 15,100,000 newly created Class B Common Shares (the “Class B Subordinate Voting Shares”), on the basis of 200 Class B Subordinate Voting Shares for each Common Share. Per the update, the aggregate value of the exchanged Common Shares (CAD$0.7405 per share, representing an aggregate value of CAD$55,907.75) was equivalent to the aggregate value of the newly issued Class B Subordinate Voting Shares (CAD$0.0037025 per share, representing an aggregate value of CAD$55,907.75).  In aggregate, the 15,100,000 Class B Subordinate Voting Shares represent the same economic and voting rights as the 75,500 Common Shares for which they were exchanged. The Transaction will not adversely impact the economic or voting rights of current holders of Common Shares.

To view the full press release, visit http://cnw.fm/EHJh9

About PLUS

PLUS is a cannabis and hemp branded products company focused on using nature to bring balance to consumers’ lives. PLUS’s mission is to make cannabis safe and approachable – that begins with high-quality products that deliver consistent consumer experiences. PLUS is headquartered in San Mateo, CA. 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 – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) Announces Expiry of Forbearance Agreement with Green Ops

Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) on Friday announced the expiration of the forbearance period (“Forbearance Period”) pursuant to the terms of the forbearance agreement (the “Forbearance Agreement”) with Green Ops Group LLC (“Green Ops”) previously announced on May 20, 2020.  Per the update, the expiration of the Forbearance Period entitles Green Ops to exercise any and all of its rights under the loan documents and applicable law, and GGB is precluded from contesting any such enforcement action under a separate Voluntary Surrender of Collateral in Satisfaction of Debt and Release Agreement among the parties.

To view the full press release, visit http://cnw.fm/Jc1O6

About Green Growth Brands Inc.

Green Growth Brands creates remarkable experiences in cannabis. The company’s brands include CAMP, The+Source and 8 Fold. GGB is continuing its cannabis operations throughout the U.S., via dispensaries in Nevada and Massachusetts. Learn more about the vision at GreenGrowthBrands.com.

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

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 – VIVO Cannabis Inc. (TSX: VIVO) (OTCQX: VVCIF) Issues Update on Adult-Use Products

VIVO Cannabis (TSX: VIVO) (OTCQX: VVCIF), a leading provider of premium cannabis products and services and holder of licenses under the Cannabis Act through its wholly-owned subsidiaries, Canna Farms Limited, ABcann Medicinals Inc. and Harvest Medicine Inc., today provided an update on its adult-use cannabis products. According to the update, VIVO recently made initial shipments of its Fireside X shatter product to several provincial wholesalers, representing its second significant concentrates product format launch with an expected significant contribution to the Company’s revenue. “I am pleased to announce that our early shatter sales have exceeded our expectations. We have shipped to the Alberta and Ontario markets, as well as to British Columbia where the provincial wholesaler sold its entire inventory within the first week,” NCC President Gary McMullen said in the news release. “Being first-to-market has been a strong focus for us.”

To view the full press release, visit http://cnw.fm/ScCv1

About VIVO Cannabis(TM)

VIVO Cannabis(TM) is recognized for trusted, premium cannabis products and services. It holds production and sales licenses from Health Canada and operates world-class indoor and seasonal airhouse cultivation facilities with proprietary plant-growing technology in Hope, British Columbia and Napanee, Ontario. VIVO has a collection of premium brands, each targeting different customer segments, including Canna Farms(TM), Beacon Medical(TM), Fireside(TM), Fireside X(TM), Lumina(TM) and Canadian Bud Collection(TM). The Company is expanding its production capabilities and distribution network. Harvest Medicine, VIVO’s patient-centric, scalable network of medical cannabis clinics, has serviced over 100,000 patient visits. VIVO is pursuing several partnership and product development opportunities and is focusing its international efforts on Germany and Australia. The Company has a healthy balance sheet and is well-positioned to accelerate its path to profitability. For more information visit www.VIVOCannabis.com.

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

About CanadianCannabisWire

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CannabisNewsBreaks – Psychedelic Investment Opportunities to be Showcased at Benzinga Cannabis Conference’s Virtual Deal Room Event

The Benzinga Cannabis Capital Conference’s Virtual Deal Room event is set to take place Tuesday, June 30 from 10:00 AM – 6:00 PM EDT. This installment of Benzinga’s Deal Room series will shine a spotlight on investment opportunities within the psychedelics industry. Among other highlights, the event will feature presentations and one on one video meetings with selected CEOs within the psychedelics space. Presenting companies include Mind Medicine Inc. (NEO: MMED) (OTCQB: MMEDF) (“MindMed”), a leading neuro-pharmaceutical company for psychedelic inspired medicines, and Ehave, Inc. (OTC: EHVVF), an evidence-based therapeutic intervention provider.

To register for the event, visit http://cnw.fm/hB58i

About Benzinga Cannabis Capital Conference

Benzinga Cannabis Capital Conferences are the premier gathering of cannabis entrepreneurs and investors in North America. The events offer a high level of access and seamlessness of interaction between entrepreneurs building future billion-dollar cannabis enterprises and the investors whose capital will make that happen. For more information, visit www.Benzinga.com/events.

About CannabisNewsWire

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

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420 with CNW – Los Angeles Contemplates Overhauling Legal Cannabis System

Cannabis had been federally prohibited for several decades before public attitudes towards marijuana started changing in the late nighties. As drug reform advocates championed for marijuana legalization, more and more states legalized marijuana with the aim of earning tax revenue from cannabis sales, edging out the illicit market and repairing the damage done by the decades’ long war on drugs.

However, a few years after a number of state-legal cannabis programs were launched, it has emerged that they aren’t as effective as projected. Despite bringing in millions of dollars in tax revenue, states like Colorado and California have had a hard time pulling clientele from the illicit market. Similarly, Los Angeles has had such a troubling legal marijuana program that a City Council Committee has approved a series of changes to it.

The city was once seen as a potential showcase for the budding cannabis industry, but the reality does not measure up to the vision. The illicit market still thrives and licensed shops have repeatedly stated that everything costs too much and it takes too long to deal with City Hall. To make matters worse, the programs designed to help communities that had been unfairly targeted by the decades’ long war on drugs have been slow to take shape.

The proposed changes include tweaking a definition to match language on state law, limiting delivery licenses until 2025 only to businesses that meet “social-equity benchmarks, permitting businesses to relocate while being licensed, clarifying what employees are supposed to be subjected to background checks and streamlining the application process.” Such programs were initially designed to help individuals who were convicted of a marijuana related offense and lower income residents who live or have lived in neighborhoods marked by high marijuana arrests.

According to the city’s top cannabis regulator Cat Packer, the changes are urgent. She noted that the industry and City have been affected by the coronavirus pandemic, an economic crisis and nationwide protests over systemic racial injustice. And with these circumstances, marijuana remains illegal at the federal level, and banking and insurance institutions shy away from cannabis businesses due to fear of federal retaliation.

“The intersection between cannabis policy and racial injustice is clear to me. Black and brown communities have been disproportionately impacted, disproportionately policed, and we made a commitment to actively acknowledge those harms and address the harms of the drug war,” said Packer.

However, according to Adam Spikier, an executive director of the industry group Southern California Coalition, the proposals are a ‘mixed bag.’ They may be well intended, he says, but placing an inflexible limit on who could qualify for a delivery license is “open to a lot of problems” as it could leave out long-standing operators who are already enmeshed in the industry. “I think that creates more problems than solutions,” he said.

Licensing has also been a major issue, with the city being sued this April by license applicants claiming the city’s licensing process is flawed. What remains to be seen is whether these changes will be adopted into the state’s cannabis industry, and industry watchers think entities like SinglePoint, Inc. (OTCQB: SING) will be happier to see any changes implemented rather than remaining on paper without being felt on the ground.

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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420 with CNW – Americans Think Cannabis Use is More Morally Acceptable Than Many Hot Button Issues

For decades, cannabis has been aggressively prohibited, and tons of people have had their records permanently stained by marijuana possession charges. However, over the past few years, attitudes towards marijuana have changed, with plenty of territories legalizing it in various forms.

And according to a new study by Gallup, majority of Americans do not find marijuana consumption more immoral than most divisive issues. Released to the public on Tuesday, the poll found that Americans consider marijuana consumption more morally acceptable than gay relationships, medical testing of animals, the death penalty and abortion.

The poll represents current attitudes towards marijuana, as people become more accepting of cannabis and plenty of states legalize the controversial plant. Seven out of ten of all the respondents polled said using marijuana is morally acceptable, with only 28% stating that consuming marijuana is morally unacceptable.

“At least seven in 10 U.S. adults say birth control, drinking alcohol, getting a divorce, sex between an unmarried man and woman, gambling, and smoking marijuana are acceptable moral behaviors,” Gallup announced on Twitter. That’s an impressive increase from the 65% of those surveyed by Gallup last year who said that cannabis consumption is morally acceptable.

Some activities that Americans found less morally acceptable than smoking marijuana include sex between teenagers (38%), wearing clothes made from animal furs (54%), human cloning (12%) and pornography (38%). Gallup’s recent survey has shown what previous surveys have found: there’s a major divide among Americans with differing political ideologies.

People who identify as liberal were far more likely to view marijuana consumption as morally acceptable (83%), while 51% of those who identify as conservative didn’t find anything wrong with smoking marijuana. Last year’s poll by Gallup found that 66% of the respondents supported ending marijuana prohibition. 51% of those who supported legalization were self-reported Republicans and 76% were Democrats.

Gallup’s summary of the 2019 survey is applicable to this year’s poll; “Most Americans do not object on moral grounds to people drinking alcohol or smoking marijuana. Of the two, they are more likely to see drinking alcohol as an acceptable behavior, perhaps because it is legal in all states while smoking marijuana is not. Some states have recently legalized marijuana and many others are considering doing so, perhaps removing some of the stigma associated with the drug. But with roughly two-thirds of the public saying marijuana use is morally acceptable, it seems there will not be sufficient opposition to thwart attempts to make it legal.”

It would be surprising if sector players like Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) didn’t expect these results since it has been abundantly clear that the U.S. population supports marijuana legalization.

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 – Round Meadow Holdings Corp.’s Budtender Awards Recognizes Ashley Cardenas

Round Meadow Holdings’ (“RMH”) Budtender Awards today named Ashley Cardenas as Budtender of the Week. The update reads, “Ashley is a Budtender at Happy Time in Yakima, Washington. Her favorite part of being a Budtender is gaining and sharing knowledge. To her, ‘cannabis means self freedom that leads to self expression.’”

For more information, visit www.BudtenderAwards.com.

About Round Meadow Holdings Corporation

Round Meadow Holdings is a professional organization that represents accountability, delivering business solutions created exclusively for the expanding cannabis industry. A synergistic portfolio of cannabis service companies, RMH is dedicated to supporting the competitive cannabis landscape and its participants as the industry evolves and faces historic growth spurts and challenges. For more information, visit the company’s website at www.ROMHCorp.com.

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

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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CBDNewsBreaks – Fusion CBD Joins Hemp For Our Future to Take Care of the Caretakers on the Front Lines of COVID-19

Fusion CBD, a visionary leader in the hemp industry, today announced that it has joined the Hemp For Our Future initiative and is donating U.S.-made full-spectrum hemp products to local healthcare heroes and frontline workers. According to the update, in order to take care of the caretakers on the front lines of COVID-19, Fusion CBD is donating therapeutic-level CBD products and hand sanitizer with hemp and essential oils to New York healthcare workers to help protect and heal their skin, help their muscles recover, and help them de-stress. Fusion CBD began donating to nurse associations in April, recently sending a second batch of products to the New York Professional Nurses Union and donating to the Town of Warwick. “We have a deep appreciation for those frontline workers who selflessly give to save others,” Adam Kurtz, co-founder of Fusion CBD, said in the news release. “During this unprecedented time, we felt moved to donate products that help keep them safe and also help to repair and heal hardworking hands and faces.”

To view the full press release, visit http://cnw.fm/TadI6

About Fusion CBD

Fusion CBD has a passion for trailblazing and innovation, and as visionary leaders in the hemp industry, is focused on creating quality CBD products that contribute to customer’s health, wellness and wholeness. Today Fusion CBD continues to grow, harvest, process and package its own CBD products as well as support local small farms with innovative growing practices. The company recently opened headquarters in Warwick, New York, complete with nursery, greenhouse and packaging capabilities as well as an official Fusion CBD retail store for the Orange County community. For more information, visit the company’s website at www.FusionCBD.com.

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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