CBDNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Releases Q4, FY 2020 Audited Financial Report

Plus Products (CSE: PLUS) (OTCQX: PLPRF), a cannabis and hemp-branded products company in the United States, has released audited financial and operational results for fourth-quarter and fiscal year periods ending Dec. 31, 2020. Financial highlights from the report include an increase in gross profits of 104% in 2020, totaling $5.6 million in 2020 compared to $2.8 million in 2019; cash balance of $11.6 million; an increase in net revenues of 15% from 2019, with 2020 totals reaching $15.9 million; and a 67% improvement in operating costs. The company also noted several key new product launches throughout the year, including the launch of its PLUS CBDReliefbrand; the unveiling of its HI-CUBES brand, which is the highest concentrated cannabis gummy in California;  the launch of its new PLUS SLEEP gummies brand designed to assist consumers to fall asleep; and release of its PLUS Strains gummy product line, featuring three regular options and one holiday option: Lemon Jack (Sativa), Pineapple Express (hybrid) , Granddaddy Purple (Indica) , andSugar Plum (Sativa). The company also noted a significant restructuring designed to improve costs, its launch into the United Kingdom, and its partnership with CannRx Biosciences, a leading Israeli cannabis firm. “Looking forward to the first quarter of 2021, the company does expect net revenues will be negatively impacted by a significant one-time accounting shift in which PLUS will move to recognizing revenue at the time its products are sold to licensed retailers for all sales occurring through the company’s new self-service distributor,” the company reported in the press release. “Previously, the company recognized revenue at the point in which inventory was transferred (sold) to its full-service distribution partners. The shift will result in an effective delay in the time at which all sales of products through the company’s new distributor are recognized relative to sales that occurred to its previous distribution partners.”

To view the full press release, visit https://cnw.fm/s8ruT

About Plus Products Inc.

PLUS is a hemp and cannabis food 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, California. For more information about the company, please visit www.PlusProductscbd.com.

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

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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420 with CNW — Mexico Cannabis Legalization Bill Passed by Key Senate Committee, Floor Vote Expected This Month

The Justice Committee of the Senate in Mexico has voted to approve the amended cannabis legalization bill as referred to the upper House by the Chamber of Deputies. This approval means that the bill now has to be cleared by two more Senate committees before it is sent to the floor for a final vote. That final floor vote is expected to happen this month.

On Monday, the Justice Committee passed the bill with a 6 to 5 vote; the panel didn’t make any changes to the bill that was sent back to Senate after the lower legislative chamber made changes to the version passed by Senate in December. It is generally expected that the remaining two Senate panels will not make any changes to this current form of the bill either, regardless of the voices of advocates calling for some sections to be revised.

For example, advocates had wanted the proposed law to have a provision ring-fencing a certain percentage of licenses for communities that had been worst hit during the futile drug war. This wasn’t included in the bill sent to Senate. Advocates are also unhappy that people who would like to grow cannabis at home will have to register with the government.

However, the Chamber of Deputies did make some amendments to the bill before passing it. The lower legislative chamber opted to place control of the cannabis industry in the hands of an existing government agency instead of creating a new agency.

The Deputies also passed a change stipulating that land currently occupied by forests would not be allocated for the cultivation of marijuana. Of concern to advocates is the change increasing the penalties for marijuana-related crimes. Campaigners feel that those stringent penalties could undo the social justice benefits of legalizing cannabis.

While there are still some disagreements regarding the contents of the cannabis legalization bill, most lawmakers, such as Senator Eduardo R. Aguilar, who is a member of the party in power, remarked that it was crucial that marijuana is legalized now and any needed changes can be made later once a law is in place.

Aguilar’s position can be looked at from the context of the looming Supreme Court-imposed deadline giving the lawmakers up to the end of this month to pass legislation enabling the recreational use of marijuana. Earlier in 2018, the highest court in the country had declared the prohibition of recreational cannabis use as unconstitutional. Consequently, it tasked the legislators with making the needed policy changes; however, lawmakers kept asking for deadline extensions, and the current extension runs out at the end of this month.

As the legalization wave sweeps through different jurisdictions, cannabis sector players will have to identify a winning formula that will keep them afloat when the competition magnifies. For instance, Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) thinks its strength lies in leveraging top-notch genetics, and the Canadian company is pursuing that approach.

NOTE TO INVESTORS: The latest news and updates relating to Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) are available in the company’s newsroom at http://cnw.fm/PACR

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 — Schumer Says Senate Will Loosen Marijuana Policies Regardless of Biden’s Attitude

Although more than 30 states have legalized cannabis in various forms over the past decade, federal law still classifies cannabis as a controlled substance. With the House, Senate and White House in the Democratic Party’s hands, however, federal cannabis legislation has never had a greater chance of becoming law as it does right now. Unfortunately, President Joe Biden is staunchly against allowing adult-use cannabis, although he does support modest cannabis reform, including medical cannabis and expunging records of prior cannabis related offenses.

But according to Senate Majority Leader Chuck Schumer, Biden’s views on the matter won’t hold him back, and consequently, the Senate will move forward with federal marijuana legislation whether or not the president is on board. For a while now, Schumer has been an outspoken advocate of cannabis reform, first introducing a bill to legalize cannabis back in April 2018. Schumer, whose home state New York recently legalized recreational marijuana, has said he supports federal legalization and that he will soon introduce a federal cannabis reform bill with Senators Ron Wyden and Cory Booker.

Even though the White House isn’t behind broad cannabis legalization, Schumer says the Senate will still take aggressive action to loosen the currently restrictive federal laws on cannabis. Although most cannabis reform opponents said legalizing cannabis would lead to all kinds of social ills, including increased drug use and higher crime rates, Schumer says the fears are unfounded. Most states that legalized cannabis in the past decade have seen more positives than negatives from their legal cannabis markets, including increased job opportunities, social justice, and millions of dollars in tax revenue.

State-legal cannabis markets also proved that the American people wanted to legalize cannabis, says Schumer, adding that if a relatively conservative state such as South Dakota votes in favor of legalizing cannabis, then the tides are definitely changing in favor of legalization. With Democrats now in control of the Senate, he can now put a cannabis reform bill on the floor, something that was basically impossible while Senator Mitch McConnell was in charge.

The only holdout is Biden, who has said that although he supports medical cannabis and record expungement, he isn’t behind legalizing adult-use cannabis. According to Schumer, Biden has said he would like to see more information, and the Senate Majority Leader would be happy to make his arguments and try to evolve his stance on cannabis. If the president doesn’t budge, the Senate will still move forward with cannabis reform without his support.

The entire cannabis sector is holding its breath and doing what it can to operate within the existing legal landscape as the journey of reforming those laws plays out. The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER) is one of the companies that has found success manufacturing CBD-infused products and premium bottled drinking water.

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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420 with CNW — NYPD Memo Says No Arrests for Adults Smoking Cannabis on Sidewalks

Last week, the New York City police department (“NYPD”) sent out an internal memo clarifying a number of issues after Gov. Andrew Cuomo signed a bill legalizing adult-use marijuana.

Among other things, the memo indicated that individuals who are at least 21 years old will no longer be liable for an arrest once they smoke marijuana in any place where people are allowed to smoke tobacco. Those places include sidewalks as well as other public spaces.

The police department also informed its officers that under the new marijuana law, adults were at liberty to gift cannabis to other adults as long as no payment or other form of compensation are given in return. The NYPD noted that, at the moment, it is still illegal to grow cannabis at home, but once enabling rules are published, no police officer will be at liberty to take any enforcement action unless someone is growing marijuana in ways that flout the home-grow rules, such as exceeding the number of plants permitted by law.

NYPD was unequivocal in its assertion that absolutely no one would be permitted to drive while under the influence of marijuana. However, police officers wouldn’t be allowed to cite the smell of burnt or unburnt marijuana as probable cause for enforcement action, such as searching a vehicle, arresting the driver or issuing a summons.

The NYPD memo goes on to spell out the exception to that rule. The department says enforcement action can justifiably be taken once a driver seems to be impaired and an officer suspects that the marijuana triggering the impairment is within the vehicle. Also, law enforcement officers can act when they observe a driver consuming (smoking) marijuana as they drive a vehicle.

It is also noteworthy that the memo makes reference to the possession of cannabis by minors. The agency clarifies that at the moment, there isn’t a mechanism that the police department can base upon to take action as long as the minor is found with less than the three ounces permitted for adults. In due course, a mechanism will be established to guide how marijuana possession by minors will be treated by the law enforcement community.

Individuals on parole are also mentioned in the internal memo. Officers were advised to desist from approaching or even detaining parolees who are in possession of legally permitted amounts of cannabis unless their parole conditions stipulate otherwise. Even then, the police officers are only required to inform the parole officers about the suspected infraction.

With this internal communication by the police, it looks like changes are coming thick and fast after the enactment of the recreational cannabis law in New York State.

While New Yorkers can now legally use cannabis recreationally, it has been permitted for medical use for several years now. As a matter of fact, many companies, both within and outside the United States, have taken steps to develop drug formulations from this plant. An example is British Columbia-based XPhyto Therapeutics Corp. (CSE: XPHY) (OTCQB: XPHYF) (FSE: 4XT), which is conducting pilot studies to establish the medical efficacy of three drug candidates made from combinations of cannabinoids such as CBD and THC.

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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420 with CNW — Legislators in Nebraska Approve Medical Cannabis Legalization Bill

Last week, a committee in Nebraska passed legislation to legalize medical cannabis in the state. The bill, sponsored by Senator Anna Wishart, would permit patients living with various conditions that make them eligible for the medical cannabis program to buy and possess up to 2.5 ounces of marijuana from licensed dispensaries in the state. However, it would not permit patients to smoke cannabis.

Members of the Judiciary Committee passed the legislation in a 5 to 2 vote, which allowed them to advance the measure to the legislature for consideration.

Sen. Adam Morfeld and Sen. Wishart have been champions of marijuana reform for quite a while now. Last year, the two senators announced that while this legislation was a fairly limited measure to legalize medical cannabis in the state, they would continue working on putting the question of legalization of adult use marijuana before voters in the state in 2021.

The pair’s campaign, dubbed Nebraskans for Medical Cannabis, is also gathering signatures for a medical marijuana legalization measure that they plan to place on next year’s ballot. This will not be the first time the group attempts this. Last year, the group qualified a proposal to legalize medical cannabis on the 2020 ballot. However, the state’s Supreme Court hindered the proposal’s progression, citing concerns with a single-subject issue.

Steve Lathrop, chair of the Judiciary Committee, voted in favor of the latest medical marijuana legislation, noting that it was a superior vehicle for marijuana reform in comparison with the measure that would be placed on the voter’s ballot.

If reform activists gather enough signatures to qualify either the recreational or medical marijuana measure, they could still face problems at the polls, as mid-terms voting generally has lower turnouts in comparison with presidential elections.

In spite of this, the driving momentum for reform through the voter’s ballot may encourage legislators to pass medical marijuana legislations such as Wishart’s measure for the time being.

However, another hurdle the activists may encounter is Gov. Pete Rickets, who has been vocal about his stance on cannabis reform and seems likely reject any medical marijuana bill that legislators advance to him. For instance, 2020’s Nebraska medical marijuana measure, which was shut down, would have allowed physicians to recommend marijuana to patients who suffer from debilitating medical conditions. The measure would have also allowed those patients to buy, possess and cautiously grow cannabis for personal use.

Cannabis regulatory challenges aren’t present in Nebraska alone. Companies such as Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) have to keep in mind the specific rules in the jurisdictions of their international partners, and tweaking product packaging and other elements often drives up the cost of production. Nonetheless, the companies persevere in the hope that things will get better as more people learn about marijuana.

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 — French Government Launches Medical Cannabis Experiment That May Lead to Legalization

Medical marijuana has demonstrated its potential effectiveness in trials and is currently being used legally in medical settings in different countries across the globe as a therapeutic for conditions that range from its use as an appetite stimulant for patients with wasting syndrome usually associated with AIDS to palliative care for cancer.

In Europe, some nations permit the use of medicinal products that contain CBD (cannabidiol) while others do not allow marijuana product manufacture but allow importation of marijuana products. Various countries across Europe have already legalized medical cannabis and have established legislations that regulate its use. They include Portugal, Poland and the United Kingdom. However, there are other countries, also in Europe, where medical marijuana is strictly prohibited and so is its sale, purchase or use. These countries include Albania, Belgium, Latvia and Sweden.

In the middle, there exist countries that allow the supply of some marijuana products under specific conditions or those that are working on making it legal. A good example of such would be France. Earlier in January of this year, France administered a questionnaire on marijuana legalization. The main objective of the exercise was to legitimize the content of a proposal on adult-use marijuana that the French Parliament was working on, as well as ease concerns over possible reform ahead of next year’s elections.

The questionnaire asked respondents whether they believed that the present system that is in place was effective in the fight against the illicit use of marijuana as well as marijuana trafficking.

Last week, the government of France launched a two-year countrywide experiment with medical marijuana. If the program, which was approved by parliament in 2019, is successful, the country may end up legalizing the plant for medical use.

In a statement, the Health Ministry noted that roughly 3,000 patients across France will be administered with medical marijuana treatments. During this period, their health will be observed and recorded by the national medicines observer. The first prescription was given on Friday in the Southern France Clermont-Ferrand University Hospital.

The Health Ministry also revealed that the objective of the experiment is to collect as much data as possible about the safety and effectiveness of therapeutic cannabis as well as prepare the logistical circuits for distribution in future.

While the eligibility criteria has yet to be made clear, those who will be allowed to participate in the program include individuals in palliative care, individuals suffering from some forms of epilepsy, individuals with nerve pain that cannot be managed or treated using other methods and patients suffering from various types of cancer.

The patients who take part in the medical marijuana experiment in France will be pleased to learn that the data analytics and IoT sectors are active in the plant medicine industry, as exemplified by the remote dose-measuring device produced by RYAH Group Inc.

NOTE TO INVESTORS: The latest news and updates relating to RYAH Group Inc. 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 — Governor Cuomo Signs New York Recreational Cannabis Legalization Bill Hours After Legislators Forward It

Andrew Cuomo, the governor of New York State, signed a bill legalizing recreational marijuana last week. This was a few hours after legislators had sent the draft law to his office after both chambers passed it the day before.

Speaking after enacting the law, Gov. Cuomo said that the signing was a historic event, a day on which harsh sentences and decades’ long wrongs would be corrected. He added that the new law would expand New York’s economy, expunge previous cannabis convictions and give priority to the worst-affected communities as the benefits of legalized marijuana are shared.

The governor revealed that he was proud that marijuana legalization, which was at the top of his agenda for the state this year, had become a reality in a way that allowed safety, social equity and economic impacts of the marijuana sector to be addressed comprehensively.

Speaking of comprehensive, the new law is 128 pages long and has a number of notable provisions. For example, with immediate effect, no one will be penalized for possessing less than 3 oz. of cannabis flower or 24 grams of cannabis concentrates. Another noteworthy provision indicates that people who were convicted for cannabis-related crimes that no longer qualify as crimes under the new law will have those convictions expunged automatically. This automatic expungement is a crucial provision since some would-be beneficiaries may not have the means, financial or legal representation, to pursue a manual process of wiping the slate clean.

The law also includes a concession made by the governor to allow people to grow marijuana at home for their own use. A maximum of six plants is permitted, and households with two or more adults can cultivate a maximum of 12 plants, half of which may be mature plants.

Home cultivation will also be allowed for patients enrolled on the medical marijuana program. However, home cultivation for recreational or medical use can only commence once regulators establish rules to oversee home grows. The rules are, by law, expected to be ready within six months for medical marijuana beneficiaries while regulators have a maximum of 18 months to get home-grow rules ready for recreational users.

It should also be noted that the marijuana legalization law prohibits granting licenses to companies that want to be vertically integrated. The exceptions to this rule are the existing medical cannabis companies as well as applicants who wish to run cannabis microbusinesses. The law also has provisions for allowing social marijuana consumption sites to operate, as well as delivery services.

Additionally, jurisdictions, such as municipalities, have been given an opportunity for the rest of this year to decide whether or not they will welcome marijuana businesses within their borders. If the local authorities opt out, voters can use a referendum to overturn the ban.

The countdown is now on to the launch of recreational marijuana sales expected to be in 2022. Only established cannabis companies such as Gage Growth Corp. (d.b.a. Gage Cannabis) in other state-legal markets may know what the preparations for launching legal recreational cannabis sales are like.

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

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 — Marijuana Could Be Legally Available in Virginia This Summer

Democratic lawmakers in the General Assembly of Virginia are now in support of making recreational marijuana legal effective July 1, 2021, instead of having to wait until 2024 when a regulated market for the same is launched. This comes as Senate leaders push for an amendment to the law passed earlier in February stating that marijuana would only be legal in 2024 after the necessary mechanisms to regulate the market are established.

The provision to tie the legalization of marijuana to the date when licensed cannabis businesses can open was a major disappointment to marijuana advocates, and they made their views heard on this matter across the state. They were of the view that such a lengthy delay would only exacerbate the racial problems witnessed as marijuana laws are implemented by law enforcement agencies.

Such a continuation was, according to the campaigners, in stark contrast to the claims that the legalization law was intended to redress the disparities in enforcing laws within the state.

The bill that passed in February is now on the desk of Gov. Northam, and advocates are pleased that he has added his voice to those of the concerned groups that want the legalization date adjusted to this year rather than 2024.

While speaking to VPM News, Northam stated that he wasn’t in support of the continued arrest of members of society over a substance that is scheduled to be legalized anyway. He added that he had plans to present several amendments to the state legislature so that the needed changes to the bill could be made.

The legalization bill that the Senate sent to the Assembly had a provision indicating that the legal possession of marijuana, which didn’t exceed an ounce, could be legalized on July 1 this year, but the General Assembly struck out that provision saying that it could allow the black market operators to entrench themselves in the absence of licensed retailers of cannabis.

Now that the leadership in the House has changed its position on this provision, it is expected that the changes Gov. Northam hinted at will not meet any resistance. This comes after Chamiele Herring, the Majority Leader in the General Assembly, revealed that she was in support of moving the legalization date forward as long as plans were made to conduct public education and safety campaigns.

The governor now has until Wednesday to send his amendments to the legislature so that the House can consider those recommendations on April 7.

Marijuana companies that open shop in Virginia once legalization is implemented will most likely enjoy similar benefits enjoyed by those in other jurisdictions where marijuana is legal. A case in point is Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM), which has managed to ensure profitability despite the stiff competition on the Canadian cannabis market. The company succeeds by specializing in high-end genetics that yield superior products.

NOTE TO INVESTORS: The latest news and updates relating to Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) are available in the company’s newsroom at http://cnw.fm/PACR

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 — Can Cannabis Expire?

If you prefer buying the maximum permitted amount of medical marijuana and storing it on your own instead of having to make a trip to the store every time you need to replenish your supply, there are a few things you need to know before doing so.

First off, you may be curious to know whether marijuana expires. While it does not expire, weed can become moldy. Old or moldy cannabis can affect you, especially if you suffer from underlying medical conditions. Even individuals  with no underlying medical issues can suffer health complications if they consume moldy cannabis.

Marijuana that has been improperly stored may have a weaker potency and may also have a different texture, taste and feel. To ensure long-lasting freshness and an amazing experience, keep these things in mind.

To begin with, you need to know how long marijuana stays fresh.

If you store your marijuana in the right way, it can remain suitable for anywhere between six months to one year. After this period, dried marijuana will begin to lose its aroma and potency. Research has found that marijuana loses 16% of its THC when stored for an entire year, with the THC level continuing to drop the longer it remains in storage.

Marijuana stored for two years will lose 26% of its THC; storing it for an additional year results in the loss of 34% of THC. So if you don’t plan on consuming your marijuana within a six -month period, then there’s no need to purchase it.

But how can you tell if your marijuana is old to begin with?

The good news is, you don’t have to be a marijuana connoisseur to know. The smell will be the first thing you need to check out. Depending on the strain you get, the taste and smell may be different. However, marijuana that is too old will have a different aroma and scent from when it wasa purchased.

If you notice no difference in smell, then look at its appearance. If your cnnabis is too moist or too dry, or it crumbles when you break off a part of it, then it’s too old for you to consume.

So, how can you properly store your marijuana?

It is important to note that light, humidity, temperature and oxygen all affect your marijuana, so don’t store your cannabis in plastic bags. Instead, use a glass jar to store your weed in. Ensure you seal it tightly and store the jar in a dark, cool and dry place.

Learning how to store cannabis is vital. It would be a pity to buy premium quality product from organizations such as Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF) and have it lose its potency because of improper storage.

NOTE TO INVESTORS: The latest news and updates relating to Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF) are available in the company’s newsroom at https://cnw.fm/GLDFF

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

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CNW420 is part of the InvestorBrandNetwork.

420 with CNW — Poll Finds 67% of Voters in Louisiana Support Marijuana Legalization

According to the recently published results of a poll, at least two-thirds of voters in Louisiana support the full legalization of cannabis, both for recreational and medical use. These voters include the majority of the Republicans in the state, according to the poll.

This recent survey, conducted by JMC Enterprises, indicates that support for marijuana legalization in the state has risen significantly from the time a similar poll was done. For example, only 54% of the voters expressed support for legalization last year compared to the 67% who now say they would prefer to see cannabis legalized.

In this recent poll, only 16% of the people sampled admitted that they wouldn’t want to see marijuana legalized in Louisiana for recreational use, but they would support legalization for medicinal use. Just 8% expressed opposition to both medical and recreational use legalization.

As has been the case previously, Democrats lead the surge of supporters of cannabis legalization. The JMC poll, not surprisingly, shows that 67% of all Democrats support recreational marijuana legalization compared to 58% of Republicans who support the policy change. Youth are particularly bullish on the subject with 93% of all younger voters saying they would like to see marijuana legalized not only for medical but for recreational use as well.

During the same poll, voters were asked to express their thoughts about changing cannabis policy so that people are fined for marijuana possession or use instead of serving time in jail. Nearly half of the respondents said they preferred full legalization rather than decriminalization. Only 27% said removing criminal penalties would be preferred in lieu of full legalization.

At the moment, the marijuana laws in the state only allow patients enrolled in the medical marijuana program access a limited range of cannabis products. An estimated 75% of those who took part in the JMC poll want this to change so that patients have access to a wider variety of products, including the entire marijuana plant.

Last year, Gov. John B. Edwards appended his signature to a bill geared at expanding the state’s medical cannabis program so that licensed physicians could prescribe medical marijuana for any patient suffering from a debilitating condition. Previously, physicians could only recommend medical marijuana as a treatment for a narrowly defined list of conditions and diseases.

JMC Enterprises polled a total of 1,160 voters in the state March 22–23. The findings represent the latest views of registered voters in the state. It remains to be seen how these results will influence policy in the coming years.

As the discussion on whether marijuana should or shouldn’t be legalized in different jurisdictions rages on, many companies have found success in manufacturing products from nonintoxicating ingredients of the cannabis sativa plant. For instance, The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER) started out selling pH-balanced drinking water, but the company has added a line of CBD-infused products to its offering, and the market has given an overwhelming positive response to those gummies, salves, tinctures and drinks.

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.

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

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

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

Do you have questions or are you interested in working with CNW420? Ask our Editor

CannabisNewsWire420
Denver, Colorado
http://www.CNW420.com
303.498.7722 Office
Editor@CannabisNewsWire.com

CNW420 is part of the InvestorBrandNetwork.