420 with CNW — Massachusetts Regulators Extend Cannabis Telehealth, Curbside Pickup

At the onset of the coronavirus pandemic last year, the Massachusetts Cannabis Control Commission permitted medical cannabis patients to access telehealth appointments and have their prescriptions delivered for curbside pickup in an attempt to increase safety. Consumers were allowed to place their orders either online or via phone; they could then pick up those orders curbside at the stores.

Now, the agency notes, the measures will be allowed to continue for an extended period, despite the State of Emergency declared by Gov. Charlie Baker of Massachusetts coming to an end. The State of Emergency was initially declared in the state on March 10, 2020.

While issuing final administrative orders at the start of this week, the Cannabis Control Commission’s executive director, Shawn Collins, stated that virtual community outreach meetings, telehealth consults and curbside operations would be allowed to continue until Sept. 1, 2021.  However, this date could change if the administrative orders are amended or the commission revokes the order.

For medical patients, clinical visits for purposed such as renewal and consultation can carry on through telehealth appointments. Additionally, individuals who have yet to register but would like to do so are encouraged to do so through telehealth up until September 1. The order notes that after the aforementioned date, clinical visits can occur either by telehealth or in person. As per medical-use regulations, however, any first-time patient will have to visit a clinic in person in order to be issued with an initial certificate of registration.

In addition to this, marijuana dispensaries can continue to carry out sales for curbside pickup by electronic means and by phone. This, the order asserts, will help keep both customers and patients safe.

The commission also stated that virtual meetings could be conducted by any individual who would like to host a community outreach meeting, as it would be safe and also allow those who couldn’t attend physical gatherings to also take part in them.

In other news, Cloud Creamery is planning on launching marijuana-infused ice cream in the state, as summer sets in. Residents in the state already have access to edible chocolate bars and gummies. Now, David Yusefzadeh of Cloud Creamery wants to heighten the edibles experience by utilizing local products, which will not only attract new consumers but also boost the industry’s growth.

At the start of the month, the state’s Cannabis Control Commission issued a notice to Cloud Creamery, giving the company the go ahead to begin manufacturing operations. The product will be available at Caroline’s Cannabis in Uxbridge, Western Front in Chelsea and Bud’s Goods and Provisions in Worcester.

Yusefzadeh also plans to bring traffic to minority and women-owned dispensaries, when the product begins to be offered at dispensaries.

The extension of telehealth services and curbside pickups is a good move as it recognizes how important medical cannabis products are to the people who need them. These benefits can further be exploited by making use of the range of products, such as the remote IoT dose-measuring device,made by RYAH Group Inc. (CSE: RYAH) to help patients take precise doses of their plant medicine.

NOTE TO INVESTORS: The latest news and updates relating to RYAH Group Inc. (CSE: RYAH) are available in the company’s newsroom at https://cnw.fm/RYAH

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 — Medical Marijuana Activists in Pennsylvania See Workers’ Comp. Decision as a Win

Thirty-six states in America have legalized cannabis for medical use, and an estimated 3.6 million individuals are registered as medical cannabis patients in the United States. However, federal law classifies cannabis as a Schedule I controlled substance with no accepted medical use; cannabis is ranked right alongside hard drugs such as cocaine and heroin. Consequently, insurance companies refuse to cover individuals who use medical cannabis to treat work-related injuries. Instead, most of these patients have to pay for their medical cannabis out of pocket.

In Pennsylvania, however, a workers’ compensation judge made a historic and possibly precedent-setting ruling after declaring that an employee who was hurt while on the job and used medical marijuana to ease her pain deserved to be compensated by her former employer’s insurance provider. According to the plaintiff’s lawyer, Dana Kaufman from Kaufman Workers’ Compensation Law, this is the first time there has been such a ruling in Pennsylvania. Kaufman, whose firm operates out of Abington Township, has been trying to help her clients recover the costs they incurred after using cannabis to treat pain caused by workplace injuries. Until now, she has been unsuccessful.

Kaufman’s client, a home health aide, suffered serious injuries in a car accident that occurred as she drove from one client’s residence to another. After a car veered into her lane and hit her head on, her car flipped, and she was trapped inside, grievously injured, for 20 minutes. She suffered a trio of broken ribs as well as fractures to her legs, toes, and foot; she also sustained injuries to her hands and wrist. She was admitted to a trauma hospital for 10 days, and although she eventually recovered, she was left with nerve pain in one ankle and a leg that caused her immense pain and often woke her up at night.

Since she didn’t want to rely on opioids and other drugs that had side effects which made her unable to work effectively, she turned to a medical cannabis oil that she put into capsules and took daily. This reduced her pain enough for her to work two jobs as a daycare attendant and a home health aide for a cumulative 32 hours a week. Judge Rochelle Quiggle at the Pottsville, Pennsylvania, field office ruled that the plaintiff’s claims were more than reasonable and ordered her former boss’ insurance provider to pay her back around $4,000 and cover her medical marijuana costs ($400 a month) moving forward.

This is Kaufman’s first such win, and she says that she has several pending appeals at the Workers’ Compensation Appeals Board and Commonwealth Court. Although it is now common knowledge that opioids have plenty of negative side effects, with even some insurance companies refusing to cover certain pharmaceutical pain relievers, those companies still won’t cover medical cannabis costs. She hopes that this ruling will change this trend and push more insurance providers to cover individuals using medical-grade cannabis to treat work-related injuries.

As more companies such as XPhyto Therapeutics Corp. (CSE: XPHY) (OTCQB: XPHYF) (FSE: 4XT) take their cannabis-based formulations through the clinical trial process, a time may come when insurers will cover cannabis medicines since they will have gone through the regulatory process.

NOTE TO INVESTORS: The latest news and updates relating to XPhyto Therapeutics Corp. (CSE: XPHY) (OTCQB: XPHYF) (FSE: 4XT) are available in the company’s newsroom at https://cnw.fm/XPHYF

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 – Golden Triangle Ventures Inc. (GTVH) to be Featured in 12-Part ‘New to the Street’ Interview Series

Golden Triangle Ventures (OTC: GTVH) (“GTV”), a multifaceted consulting company pursuing ventures across health, entertainment and technology industries, has partnered with “New to the Street,” which spotlights companies on national television. FMW Media today announced that its business TV show has begun filming on the series covering GTVH. According to the update, Jane King, the TV show’s host, interviews Steffan Dalsgaard, CEO of Golden Triangle Ventures, who discusses the company’s milestones, growth, operational fundamentals and successful divisions throughout the 12-part televised series. Starting in July 2021, New to the Street’s broadcasting of the filming of its interviews with Golden Triangle Ventures can be seen on its Sunday Newsmax TV slot, from 10-11 a.m. ET. Also, in July 2021, the interviews will be available on the Fox Business Network’s Monday broadcast, with exact dates and times to be announced.

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

About Golden Triangle Ventures Inc.

Golden Triangle Ventures (“GTV”) is a multifaceted consulting company pursuing ventures in the health, entertainment and technology industries, with many additional projects being developed that provide synergistic values to these divisions. The company aims to purchase, acquire and/or joint venture with established entities that management can help assist and develop into unique opportunities. Additionally, GTV provides a professional corporate representation service to different companies in these sectors while consulting on a variety of business development objectives. The goods and services represented are driven by innovators who have passion and commitment to these marketplaces. The company plans to utilize relationships and create a platform for new and existing businesses to strengthen their products and/or services. The three points of the Golden Triangle exclusively represent these three sectors in which the company aims to do business. For more information, visit the company’s website at www.GoldenTriangleInc.com.

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

About CannabisNewsWire

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

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420 with CNW — Canadian Firms Hope the US Eases Marijuana Restrictions

After decades of prohibition and intense policing, the American states are finally loosening restrictions against cannabis. So far, 36 states allow medical marijuana, 16 states have legalized recreational medical cannabis, and several more states are considering whether or not to pass cannabis legislation. The state-legal cannabis sector has been insanely profitable so far, earning billions of dollars in revenue and providing states with plenty of tax revenue, even amid the coronavirus pandemic, while other industries faltered.

Consequently, cannabis firms from the Great White North have been eyeing the U.S. market, waiting for the government to pass federal decriminalization laws before swooping in to for a piece of the cake. With President Joseph Biden in the White House and Capitol Hill currently in the Democrats’ control, there has never been a more ideal time for cannabis to come out from under the shackles of federal prohibition. However, the ongoing coronavirus pandemic has held the Biden administration’s attention for nearly one and a half years, and with the 2022 midterms approaching, there is a risk the Democrats may lose their tenuous hold on Capitol Hill.

David Culver, vice president of global government relations for Canadian cannabis firm Canopy Growth Corp., says these legislative changes will need to happen soon before Biden’s potentially narrow legislative window closes. Although Biden has said he supports medical marijuana, decriminalizing cannabis, and updating the Department of Justice’s classification of cannabis to allow cannabis research, he doesn’t support recreational cannabis. However, Senate Majority Leader Chuck Schumer supports legalizing adult-use cannabis, and he is currently working on a federal cannabis legalization bill with Senators Ron Wyden and Cory Booker.

At the moment, marijuana’s status as a Schedule I controlled substance makes it extremely difficult for even local cannabis companies to operate. But with the U.S. cannabis market projected to bring in $40 billion yearly, Canadian entities hope the United States eases restrictions, especially since the Canadian market hasn’t been as lucrative as anticipated.

In 2019, Canopy Growth had an acquisition deal with New York-based Acreage Holdings, which was amended last year and is contingent on a major “triggering event,”  referring to changes to U.S. federal cannabis laws. According to Canopy Growth CEO David Klein, the U.S. is going to be a core market for the Canadian company.

Aphria Inc. acquired Atlanta-based craft beer vendor SweetWater Brewing Co. last November, and CEO Irwin Simon also believes the U.S. will be a major source of revenue for the Canadian company. But while the coronavirus pandemic rages on, Culver says the government will likely focus its efforts on the pandemic and turn its attention to cannabis in the fall.

Needless to say, other companies that already have a firm foothold in Canada, such as Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF), would relish the opportunity to enter the U.S. market and make their mark there as well.

NOTE TO INVESTORS: The latest news and updates relating to Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) are available in the company’s newsroom at https://cnw.fm/PULL

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 — California to Repair Drug War Ills Using Cannabis Taxes

Last week, the state of California revealed that it would be awarding roughly $29 million in grants funded by cannabis tax revenue to more than 50 not-for-profit organizations in an attempt to repair the harms of the drug war. The Governor’s Office of Business and Economic Development will be in charge of allocating the funds, which will be offered through the state’s Community Reinvestment Grants program.

The notice released by the state states that the grants to be awarded will serve communities that have been disproportionately impacted by the war on drugs. It explains that the harsh state and federal drug policies approved from the start led to the separation of families, prohibitions on public housing, loss of educational attainments because of decreased federal financial aid eligibility, diminished access to social services and the mass incarceration of individuals of color.

The grants will be given to not-for-profit organizations that fit the eligibility criteria and support programs whose objectives are to offer legal services, substance misuse treatment, mental health treatment and job placement for disproportionately affected communities.

In a press release, the director of the Governor’s Office of Business and Economic Development Dee Dee Myers, said that the state’s Community Reinvestments Grants programs was a resource aimed at helping communities conquer the barriers and systemic restrictions to equity and opportunity. She added that the grants would also help advance economic justice, wellness and health for communities and populations that were affected by the drug war.

Applications for the grants had been made available to these communities late last year in an effort to promote economic justice and public health.

In addition to California, the state of Illinois is also utilizing cannabis tax revenue to finance programs to right the wrongs of the drug war. Earlier in January, its R3 (Restore, Reinvest and Renew) program awarded more than $30 million in marijuana-backed grants.

Concurrently, marijuana tax dollars in the state of Oregon are also being used to increase access to harm reduction and substance misuse treatment programs after a broad decriminalization measure — Measure 110 — was added to the ballot and received approval from voters last year.

The Oregon Health Authority had more than $1.5 million in funds allocated to supporting the administrative costs to be incurred in the implementation of the measure. Of the other funds to be allocated, more than $8 million will be used to finance proposals that closely align with the values and priorities of the decriminalization campaign, $6.4 million is to be directed into harm reduction and addiction recovery programs while another $2.9 million will be allocated to tribal groups.

This program illustrates how establishing a legal marijuana industry that allows companies such as Sonoma Biologics Corp. to operate can be beneficial by availing taxes that can be put to use to correct the wrongs of the past.

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

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 – Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) on Mission to ‘Deliver the Finest Genetics to Canadians’

Pac Roots (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM), a Canadian company dedicated to producing premium-quality strains and products by leveraging a genetics-focused approach, is committed to quality and excellence, as evidenced by its mantra: quality over quantity. “Pac Roots is focused on elite genetics development and maximizes the quality of its offerings by keeping yields and profit margins high,” reads a recent article. “The company also leverages key partnerships to ensure the superiority of its products. ‘Our mission is to deliver the finest genetics to Canadians,’ the company states. ‘Preserving the excellence of our elite strains while introducing the highest quality of new strains to the public is our passion. Genetic variation and stability are the foundation that drives the decision making for our business.’ Such strong focus and dedication are sure to differentiate Pac Roots Cannabis — even setting it apart from the big-name players in the cannabis space.”

To view the full article, visit https://cnw.fm/i0uJu

About Pac Roots Cannabis Corp.

Pac Roots is the future of genetics. By focusing on elite cannabis genetic development, the company maximizes the quality of its products by keeping yields and profit margins high. Pac Roots subsidizes costs with several strategic partners: Phenome One, one of the largest live genetic libraries in Canada composed of over 350+ live cultivars, as well as its JV partnership with Rock Creek Farms and Speakeasy Cannabis Club, leveraging existing infrastructure, equipment and access to land on a 100-acre hemp project. This combination has the company positioned to be cash-flow positive within their first year of trading. For more information about the company, visit www.PacRoots.ca.

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

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 – Hero Technologies Inc. (HENC) Eyes over $1B in Revenue at End of Multiphase Plan

Hero Technologies (OTC: HENC), a cannabis company working toward a vertically integrated business model, is paying close attention to Michigan’s medicinal and recreational cannabis sales numbers, which are reaching record highs. This is because its majority-owned subsidiary, BlackBox Systems and Technologies LLC, earlier this year signed a purchase agreement to acquire 120 acres of Michigan farmland for cannabis cultivation. According to HENC CEO Gina Serkasevich, who was quoted in a recent article, the numbers for the company’s cannabis cultivation plan in Michigan, which it anticipates will take anywhere from five to ten years to complete, look exceptionally strong. “We have thoroughly analyzed startup costs, ongoing costs and a wide range of revenue scenarios,” Serkasevich said. “Even our most conservative estimates, using the low-end of the wholesale price range, put us over $1 billion in revenue by the end of our multiphase plan. And the upside potential is much bigger. A higher percentage of retail sales and a higher price per pound could support annual revenue from our Michigan operations in excess of $3 billion.”

To view the full article, visit https://cnw.fm/5JCg6

About Hero Technologies Inc.

Hero Technologies is a cannabis company working toward a vertically integrated business model. The company owns a majority stake in BlackBox Systems and Technologies LLC, an aeroponic cannabis cultivation system that provides optimal growing conditions to enhance photosynthesis and cultivation of large flowering plants, creating increased harvest efficiencies. Hero Technologies’ strategic business plan includes cannabis genetic engineering, farmland for both medical and recreational cannabis cultivation, production licenses, distribution licenses, consumer packaging, and retail and dispensary operations that make the company a multi-state operator (“MSO”). For more information about the company, visit www.HeroTechnologiesinc.com.

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

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 – Why Golden Triangle Ventures Inc. (GTVH) Is ‘One to Watch’

Golden Triangle Ventures (OTC: GTVH) (“GTV”), a multifaceted company that currently wholly owns four subsidiaries — Global Health Services, Lavish Entertainment (EpicRaves), HyFrontier Technologies, and Napa Wine Brands — is committed to purchasing, acquiring and/or partnering with promising established entities. Through the guidance of the management team, comprising of Steffan Dalsgaard, GTV’s founder and executive chairman; GTV’s chief innovations officer and director and the CEO of HyFrontier, Robert Dubose; and Stuart Seim, GTV’s chief development officer and director, the company has made notable strides towards the fulfillment of this goal. “On May 26, 2021, Golden Triangle announced its acquisition of The Lodge Winery & Olive Oil Co. under the company’s Napa Wine Brands subsidiary. The Lodge Winery & Olive Oil Co. is an established wine brand that produces award-winning wines, olive oils and wine vinegars,” reads a recent article. “On May 20, 2021, Golden Triangle announced its entry into a letter of intent to acquire Sonder Fulfillment LLC, a leader in the industrial hemp and CBD space that is dedicated to driving forward the most powerful and efficacious cannabinoid products in the world… On May 12, 2021, Golden Triangle announced its acquisition of a top-tier, professional sound system and formed a partnership with SuperKollider Sound LLC to provide a strategic benefit to the company’s entertainment division under Lavish Entertainment.”

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

About Golden Triangle Ventures Inc.

Golden Triangle Ventures is a multifaceted consulting company pursuing ventures in the health, entertainment and technology industries, with many additional projects being developed that provide synergistic values to these divisions. The company aims to purchase, acquire and/or joint venture with established entities that management can help assist and develop into unique opportunities. Additionally, GTV provides a professional corporate representation service to different companies in these sectors while consulting on a variety of business development objectives. The goods and services represented are driven by innovators who have passion and commitment to these marketplaces. The company plans to utilize relationships and create a platform for new and existing businesses to strengthen their products and/or services. The three points of the Golden Triangle exclusively represent these three sectors in which the company aims to do business. For more information, visit the company’s website at www.GoldenTriangleInc.com.

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

About CannabisNewsWire

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

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CannabisNewsBreaks – HempFusion Wellness Inc. (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO) Appoints Current VP, Controller as Interim CFO

HempFusion Wellness (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO), a leading health and wellness company offering premium probiotic supplements and products containing CBD, announced the appointment of an interim chief financial officer; the company named Maria Leal, who is currently serving as both controller and company vice president, to the position. A CPA and MBA, Leal has built a strong reputation for strong financial management over the past two decades. She has served in a variety of financial accounting roles and landed at HempFusion in 2019. Management noted that Leal has been instrumental in all financial reporting aspects for the company since joining the company. Leal replaces Bruce Valentine, who served as chief financial officers before Leal, is resigning because of the unexpected death of his mother and the resulting duties that have arisen. “On behalf of the company and the employees of HempFusion, we send our deepest condolences to Bruce and his family for their loss,” said HempFusion CEO Jason Mitchell, ND, in the press release. “I would like to thank Bruce for his contributions to the company. The Board has begun a process to appoint a successor to Mr. Valentine and a further announcement will be made in due course. In the meantime, the board has full confidence that Ms. Leal will succeed in shepherding HempFusion’s finance and accounting functions. She has been an integral part of the development and implementation of the financial planning and accounting functions over the past several years.”

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

About HempFusion Wellness Inc.

HempFusion is a leading health and wellness CBD company utilizing the power of whole-food hemp nutrition. HempFusion distributes its family of brands, including HempFusion, Probulin Probiotics, Biome Research and HF Labs, to approximately 4,000 retailers across all 50 states of the United States and select international locations. Built on a foundation of regulatory compliance and human safety, HempFusion’s diverse product portfolio comprises 48 SKUs (“SKUs”) including tinctures, proprietary FDA Drug Listed over-the-counter (“OTC”) topicals, doctor/practitioner lines and more. With a strong focus on research and development, HempFusion has an additional 30 products under development. HempFusion is a board member of the US Hemp Roundtable, and HempFusion’s wholly owned subsidiary, Probulin Probiotics, is one of the fastest-growing probiotics companies in the United States, according to SPINs reported data. HempFusion’s CBD products are based on a proprietary Whole Food Hemp Complex(TM) and are available in stores or online. For more information about the company, visit 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

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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 — Legislation Introduced in Senate to Authorize CBD Interstate Trade

Last month, a bill that would make certain that CBD products derived from hemp fell under the domain of the FDA in the same way as other legalized products added to beverages, foods and dietary supplements, was introduced in the Senate. The legislation, dubbed the Hemp Access and Consumer Safety Act, was tabled by Oregon senators Ron Wyden and Jeff Merkley and Kentucky Sen. Rand Paul.

Wyden stated that CBD products were legally being produced and used across the country. However, because the U.S. Food and Drug Administration hadn’t updated its regulations, producers and consumers remained in a gray zone. Wyden added that it had been more than two years since he’d collaborated with his colleagues to call for Congress to legalize products obtained from hemp as well as hemp itself. He noted that the time had come for the federal regulator to update its regulations, for the good of farmers and consumers in America.

Earlier in 2018, the U.S. Congress approved the Agriculture Improvement Act, which removed industrial hemp from the first Schedule of the CSA, where it had been classified. This led to the legalization of the sale and production of hemp derivatives and industrial hemp, including cannabidiol (“CBD”). Despite this move, the FDA still outlaws any new beverage, food or dietary ingredient from being traded across state borders if it had ever been approved or studied as a drug, which is the case for CBD.

Epidiolex is the only drug approved by the FDA for treating seizures linked to Lenox-Gastaut syndrome, which had CBD in a highly purified form. While the FDA possesses the mandate to exempt any substance from prohibition, it has claimed that it has a limited grasp of CBD’s safety profile, as well as other compounds derived from cannabis. Thus far, the only move made by the agency with respect to CBD is conveying warming letters to firms that make therapeutic claims about the substance.

The sponsors of this hemp access legislation are hopeful that another bill of Congress may pave a path for the legal use of CBD in beverages, supplements and food. Paul notes that this latest bill will direct the agency to regulate all hemp products adequately, which provides relief to merchants, processors and farmers. On the other hand, Merkley asserts that the bill will allow for the issuance of clear guidelines for CBD products obtained from hemp.

The sponsors add that the legislation will also place emphasis on consumer safety as it will require manufacturers to adhere to the existing federal laws for products that contain CBD.

Once this legislation is enacted, players in the CBD space such as The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER) will have more clear regulations to guide them, and the sector could thrive as a result.

NOTE TO INVESTORS: The latest news and updates relating to The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER) are available in the company’s newsroom at http://cnw.fm/WTER

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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