CBDNewsBreaks – Grapefruit USA Inc. (GPFT) Announces Increased Bioavailabilty for Flagship THC/CBD-Infused Cream

Grapefruit USA (OTCQB: GPFT), a premiere, fully licensed California-based cannabis company, has reached another technological milestone in the proprietary manufacturing process for its patented, disruptive Hourglass(TM) time-release THC+ cannabinoid delivery cream. In the announcement, the company noted that continued research and analysis of the manufacturing process have led to a substantial reduction in the size of the cream’s THC/CBD-infused particles. The mean particle size now measures 8.2 microns compared to previous samples, which averaged 33.1 and 29.9 microns. The company consistently analyzes the process with the intent of reducing the size of the infused particles, which leads to an increased bioavailability of Hourglass’ active ingredients. “We constantly strive to improve the quality of our Hourglass time-release THC+ cannabinoid delivery cream so our clientele is always the beneficiary of the best possible full-spectrum entourage experience we can deliver,” said Grapefruit CEO Bradley Yourist in the press release. “We performed several particle size analyses on the structure of the Hourglass cream as part of our manufacturing protocols in an effort to fine tune the process and produce a cream capable of delivering the best possible experience to Hourglass users. Our efforts have paid dividends. We are currently in the process of adapting our proprietary manufacturing protocols to our new hemp-derived CBD cream. No CBD competitor’s topical products will be able match the consistency and technology of our hemp-derived CBD creams to deliver Hourglass’ stellar results.”

To view the full press release, visit https://cnw.fm/Oq1oO

About Grapefruit USA Inc.

Grapefruit’s corporate headquarters is in Westwood, Los Angeles, California. Grapefruit holds California permits and licenses to both manufacture and distribute cannabis products in the Golden State. Grapefruit’s extraction laboratory and manufacturing and distribution facilities are located in the industry-recognized Coachillin’ Industrial Cultivation and Ancillary Canna-Business Park in Desert Hot Springs, California. To find out more about the company, please visit www.GrapefruitBlvd.com.

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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 — Wyoming House Committee Passes Republican-Sponsored Cannabis Legalization Bill

Last week, a Wyoming House committee passed a legislation to legalize cannabis and discussed another proposal that would require that state agencies research and issue recommendations on allowing medical marijuana.The adult-use legalization bill’s lead sponsor is the chair of the Judiciary Committee. The legislation would allow individuals aged 21 and above to buy and possess up to 3 cannabis ounces and grow up to 12 mature cannabis plants for personal use.

The proposal, which was co-sponsored by other top Republican legislators and the House speaker, got a 6-3 vote after receiving testimonies from the public and state agencies, which included former U.S. senator and Rhode Island Governor Lincoln Chafee, who now lives in Wyoming. Chafee revealed that he supported the bill, stating that the legislation would create a profitable revenue stream.

Chairman Jared Olsen observed that this marked an important moment for the state of Wyoming and mentioned recent surveys that showed public support for the change in policy, both nationally as well as in the state, noting that in several of the states, voters had passed legalization measures through the ballot. Olsen said that if the legislature failed to act, he expected Wyoming voters to help end marijuana prohibition.

The chairman also said that if a legalization measure led by voters was approved, the legislative process wouldn’t design the regulation of cannabis, stating that instead, the public via ballot measure would decide what it would look like as well as what it would entail.

Wyoming’s neighbors, South Dakota and Montana, are two of the jurisdictions that passed cannabis legalization ballot initiatives during the 2020 November elections.

Olsen encouraged the committee to approve his legislation, which would impose a 30% tax on cannabis sales. Two-thirds of tax revenue generated from cannabis sales would be directed to public schools while the remainder would be allotted to individual jurisdictions that permit cannabis retail locations in their areas.

Some of the legislators who voted to pass the legislation in the committee revealed that they weren’t sure how they would vote on the floor or that they’d oppose it, with some noting that they were pro-advancing the bill so that the full body would be afforded the chance to discuss this important issue.

If approved, the law would come into effect on July 1 this year. However, the legislation doesn’t contain any measures that reveal when sales would commence or how soon licenses would be issued to prospective retailers.

Smart Approaches to Marijuana’s executive vice president Luke Niforatos was one of the people who gave testimony against the legislation. The organization is a political organization that opposes marijuana legalization and commercialization.

The often polarized debate on cannabis regularly obscures the fact that not all cannabis products have the intoxicating compound THC. In fact, many firms, such as The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER), manufacture plenty of products such as salves, drinks and tinctures that are infused with CBD, a non-intoxicating cannabinoid.

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CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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420 with CNW — Study Says Marijuana Legalization Has No Adverse Effects on Outcomes of Army Recruits

Although the country has seen a wave of cannabis reform sweep through its states for the past few years, not everyone is a fan of legal weed. Opponents have claimed that legalizing cannabis would increase drug abuse among the youth and lead to a boost in criminal activity. However, most studies have found that not to be the case, with legal cannabis markets helping people deal with issues such as chronic pain, creating thousands of job opportunities and providing states with millions of dollars in tax revenue.

A new study has found that cannabis use in legal markets has not had a negative effect on army recruits. The Rand Corp study found that despite more states allowing cannabis use, there was little evidence that soldiers coming from such states had negative recruitment outcomes. Researchers arrived at this conclusion after studying regular enlistments for the Army from 2001–2012 and comparing the contracts with Army personnel records up to 2018.

By comparing these two sets of data, the researchers from Rand were able to follow recruits over the years as they progressed in the military. Instead of regular cannabis use before recruitment resulting in worse career outcomes, they found that in some cases, the legalization of cannabis coincided with improved career outcomes for recruits. This means that recruits coming from states that have allowed cannabis use have a reduced likelihood of dropping out before completing their first term, being removed due to their entry-level performance, or failing a physical or medical test.

While 15% of Army recruits in 2001 came from states that allowed medical cannabis, more than half of the 2018 recruits came from states with legal medical cannabis markets while 19% were from states that allowed recreational cannabis use. However, the researchers say that the datasets they used are still incomplete, especially since most states have only recently started to update how they police cannabis.

For instance, the 2017 National Survey on Drug Use and Health found that close to 40% of 18-year-olds have used cannabis at least once in their lives and 20% consumed cannabis in the past month. But from 2001–2018, only 2.5 % of regular Army accessions had a recorded history of cannabis use. Also called a “documented history of marijuana,” this term refers to any and all past encounters with cannabis, including arrests and convictions for using or selling the substance as well as self-confessed cannabis use while being enlisted.

The researchers advise the Army not to lump recruits with only a documented history of marijuana together with recruits who have cannabis-related misconduct offenses on their records.

As more research comes to light dispelling many of the misconceptions around marijuana, savvy companies are poised for explosive growth in the coming years. One such company is Grapefruit USA Inc. (OTCQB: GPFT), which specializes in manufacturing and distributing premium cannabis products in California.

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420 with CNW — Legal Marijuana Deal Close as NY Lawmakers Discuss Impaired Driving

The legislature in New York State is close to finalizing an agreement on a draft law aimed at legalizing marijuana in the state, according to Andrea Stewart-Cousins, Majority Leader of the state senate. Stewart-Cousins revealed that a consensus, followed by a floor vote, was imminent once the lawmakers agree on the way safety and traffic stops will be handled when marijuana is legalized for recreational adult-use.

The current disagreement has to do with how people driving under the influence should be treated. Some say impaired driving should be regarded as a normal traffic infraction while others insist it should be categorized as a misdemeanor.

Speaking from a law enforcement point of view, Monroe Country DA Sandra Doorley, who is also president of the association bringing together all the district attorneys in the state, revealed that when a driver impaired by marijuana is regarded as having committed a traffic infraction, members of the public are likely to regard impaired driving as a minor infraction similar to getting a ticket for exceeding the speed limit. Doorley adds that such an attitude would be wrong, given that driving under the influence of marijuana has the potential to put visitors and state residents at risk.

In a sign that the lawmakers are certain that an agreement will be reached, the state Senate as well as the state Assembly both removed cannabis from the provisions of the budget proposals they are considering.

Previous attempts to legalize recreational marijuana have ended in failure after lawmakers failed to agree on a number of sticking points, including how the revenue generated from taxes on marijuana would be spent as well as issues to do with the expungement of past cannabis convictions and the leeway local authorities would have regarding whether to allow recreational marijuana businesses within their jurisdictions. Gov. Cuomo has wanted the state to have a significant say in how taxes from marijuana sales are spent while many lawmakers wanted the law to stipulate that a large chunk of marijuana taxes go to minority communities which bore the worst of the failed drug war.

Cuomo released a proposal in February adjusting his plans so that they are more aligned with the wishes of the lawmakers. This included making changes to his plan in order to allow licensed marijuana businesses to deliver recreational marijuana.

Pressure has been piling on the governor and legislators to pass a cannabis law after New Jersey legalized recreational cannabis through a ballot measure. It now seems that the time has come for Empire State residents to be granted access to legal recreational marijuana.

New York State lawmakers can get a glimpse of what’s to come by seeing what is happening in Canada where recreational cannabis was legalized more than two years ago. One company, Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF), went public last year, and it already has several agreements and partnerships in place giving the company access to hundreds of premium cannabis cultivars and several hundred acres of farmland. All these developments mean jobs, ready-to-consume products, taxes and investment opportunities for ordinary residents.

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420 with CNW — Vermont Legislators Introduce Bill to Decriminalize Drugs

Legislators in Vermont have introduced legislation that would put an end to criminal penalties on small amounts of illegal drugs. The bill, which was introduced last week, states that the dispensation and possession of small drug amounts would be subject to a referral to a substance-use health and screening service or a fine of up to $50 dollars. The legislation, dubbed H. 422, is sponsored by Reps. Logan Nicoll, Selene Colburn and 12 other legislators. Supporters state that the measure offers a public health approach to overdose deaths and drug use disorders.

In an email to a news outlet, Nicoll stated that the state had led in various ways with the approach to substance misuse prevention and substance use disorder treatment. However, Nicoll continued, too many residents of the state were lost annually to substances, adding that instead of treating drug abusers as patients, the state still treated them as criminals

Last month, another legislation H.309, whose focus is to eliminate criminal penalties imposed on fungi and plant-based substances such as DMT, ibogaine, mescaline and psilocybin, was introduced by Rep. Brian Cina. The measure was referred to the House Judiciary Committee, which has yet to schedule a hearing for the proposal.

In addition to the aforementioned changes, H. 422 would also set up a Drug Use Standards Advisory Board in the Health Department of the state. The board would be charged with setting personal-use supply and personal-use dosage amounts for regulated drugs. Individuals caught in possession of less than the personal use supply would have to pay a civil penalty of $50. Personal use supply is stipulated in the legislation as the amount possessed for consumption by an individual for any recreational, medicinal or therapeutic use.

During the 2020 November elections, the state of Oregon became the first state to eliminate criminal penalties on all drugs after Oregonians approved Measure 110, which had completion of a health assessment on paying a $100 fine for simple possession replace criminal penalties in the state.

While state legislators from other states have considered reforms similar to Oregon’s, to date no legislature has embraced the change in policy. Apart from lawmakers in Vermont, lawmakers in the states of Virginia, Washington State, Missouri, Kansas, Hawaii and Connecticut are also considering various drug and psychedelics policy reform legislation for this year’s session. Additionally, legislators in New York are currently considering a bill to decriminalize psilocin and psilocybin and a separate measure to decriminalize drugs in the state, which were both filed last week.

As lawmakers in Vermont are discussing how to decriminalize cannabis, several other states are reaping the fruits of full marijuana legalization. For example, the success of Gage Growth Corp. (d.b.a. Gage Cannabis) in Michigan can be seen as a microcosm of legalization in the state. The company employs dozens of people directly and pays ample taxes. Multiply this benefit by the number of licensed operators to obtain a picture of how economies can be transformed by this industry alone.

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CannabisNewsBreaks – Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Announces Order of Cutting-Edge Cosolvent Injection System

Pure Extracts Technologies (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ), a plant-based extraction company focused on cannabis, hemp, functional mushrooms and the rapidly emerging psychedelic sector, has ordered a state-of-the-art Cosolvent Injection System (“CIS”) from Vitalis Extraction Technology Inc. Pure Extracts will be one of the first companies in the world to receive this innovative system. Designed to achieve optimal ethanol cosolvent flow rate ranges for both cannabis and hemp extracts, the Vitalis CIS system balances extract quality with efficiency while keeping ethanol usage exceptionally low. Pure Extracts has a history of collaboration with Vitalis, owning and utilizing two of the company’s carbon dioxide extraction systems: the Q90 and R200 models. The CIS has been developed to strengthen Vitalis’ extraction systems, allowing the systems to reach dramatically faster throughput capacities while still producing higher-quality cannabis extracts. “We are very excited to be one of the first recipients of the Vitalis Cosolvent Injection System,” said Pure Extracts CEO Ben Nikolaevsky in the press release. “It will allow us to ramp up our production much faster than we had anticipated allowing us to offer our customers exceptional value while still producing the same high-quality oil extracts we are known for.”

To view the full press release, visit https://cnw.fm/Q8YVW

About Pure Extracts Technologies Corp.

Pure Extracts features an all-new, state-of-the-art processing facility located just 20 minutes north of world-famous Whistler, British Columbia. The bespoke facility has been constructed to European Union GMP standards aiming toward export sales of products and formulations, including those currently restricted in Canada, into European jurisdictions where they are legally available. On Sept. 25, 2020, Pure Extracts was granted its Standard Processing License by Health Canada under the Cannabis Act. In addition, the company’s stock began trading on the Canadian Securities Exchange (“CSE”) on Nov. 5, 2020. For more information about the company, please visit www.PureExtractsCorp.com.

About Pure Extracts Technologies Corp.

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HempNewsBreaks – HempFusion Wellness Inc. (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO) Launches Probulin Probiotics in China Through World’s Largest Cross-Border Marketplace

HempFusion Wellness (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO), a leading health and wellness CBD company utilizing the power of whole-food hemp nutrition, through its wholly owned subsidiary Probulin Probiotics LLC, is offering products in China. The products are available on Alibaba Group Holding’s Tmall (“Tmall”) Global, the world’s largest cross-border online marketplace, with a reach of more than 750 million potential customers in China, Hong Kong, Macau and Taiwan. Calling the move a tremendous opportunity, the company plans to begin shipping product next week, with products available for purchase beginning March 29, 2021. The company anticipates having its Total Care Immune, Total Care, Daily Care, Women’s Health, Colon Support and My Little Bugs(TM) Total Care Probiotic for Kids offered on the site. Last year health supplements and probiotics were among the most popular categories on the Tmall platform. “Launching in China is a tremendous milestone and an unparalleled opportunity to educate the enormous Chinese market on the many health benefits of probiotics,” said HempFusion co-founder and CEO Dr. Jason Mitchell, N.D. “At Probulin, we stand on integrity, offering only the highest quality products and radical transparency throughout the entire process. We believe Probulin to be the first American company to deliver cold and protected probiotic supplements direct to Chinese consumers. In addition, our scientifically validated MAKTrek(R) 3-D Probiotic Delivery System is designed to protect and nourish the probiotics so that more can arrive alive in the gut. These two distinguishing factors result in a positive influence on the microbiome and overall wellness.”

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

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 46 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 store or online. For more information about the company, visit www.HempFusion.com.

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HempWire (HW) is a dedicated information provider focused on (1) aggregating hemp-related news, (2) issuing HempNewsBreaks designed to update investors on the latest developments in the hemp market, (3) enhancing corporate news releases, (4) providing full-service distribution and social media offerings to public and private client-partners and (5) designing and implementing all-inclusive corporate communication solutions. HW is strategically positioned within the rapidly expanding hemp sector with a team of journalists working to help a growing roster of public and private companies reach a wide audience of investors, consumers and members of the media. We leverage a vast network of more than 5,000 key syndication outlets to deliver unparalleled visibility, recognition and content to the hemp industry. HempWire (HW) is where HEMP news, content and information converge.

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420 with CNW — Could Cannabis Legalization in Mexico Force a Federal Policy Change in Washington?

Mexico may soon become the biggest legal cannabis market in the world after the country’s Chamber of Deputies approved a legislation last week that would legalize recreational sales of cannabis. The Senate is expected to support the legislation in the days to come.

Mexico president Andrés Manuel López Obrador from the MORENA party strongly supports the bill. The president is expected to sign the legislation in the coming days.

Many speculate that this move may pressure President Joe Biden to federally legalize the plant in the United States as well since the country will be sandwiched between the two largest legal cannabis markets globally: Mexico and Canada.

To put it into context, Mexico has a population of roughly 130 million people. Legalizing marijuana at the national level would make it the biggest country to do so as the other two nations that have done so, Uruguay and Canada, have a 3.4 million and 37.6 million people respectively. Even when combined, however, their populations don’t make up even a third of Mexico’s population.

Director of the Mexico Institute at the Wilson Center Andrew Rudman mentioned that, with many of the U.S. House members representing states with legal marijuana markets, the federal government of the United States may be pressured to legalize or decriminalize the plant or at least, loosen restrictions on it. Earlier in December, the U.S. House approved bills that would do away with past cannabis convictions and end federal penalties for cannabis possession. With Democrats being the majority in the Senate under the Biden administration, the likelihood for cannabis restrictions being loosened has increased. However, some marijuana policy watchers are doubtful that there will be a huge change made with regard to federal policy any time soon.

The president’s stance on the matter doesn’t seem too positive on the federal legalization front either. President Biden has stated that he wants to broaden medical research on cannabis and end criminal penalties but does not support full legalization of cannabis. On the other hand, Vice President Kamala Harris was a sponsor of the Senate version of the legislation that the House approved in the last session.

Despite his stance on full cannabis legalization, President Biden nominated Xavier Becerra, who up until recently was the California Attorney General, to be the Health and Human Services secretary. Becerra is a strong backer of cannabis legalization, and many are hopeful that under his leadership, Health and Human Services could revise its 2015 outlook that stated that cannabis had no medicinal benefits.

Many companies have opted to operate within the state-legal cannabis markets as they wait for any reforms to be implemented at the federal level. One such entity is Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF) which, through its five brands, is thriving in California, Nevada and Oregon.

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420 with CNW — US Firms Gear Up to Enter Legal Mexican Marijuana Market

The wave of cannabis reform sweeping across the world has finally reached Mexico, and some American cannabis operators are already seeing gold. Canada, several states in the United States and some European countries have already legalized cannabis in various forms, and for most legal cannabis markets, cannabis has proven to be an insanely lucrative product. Not only are stakeholders reaping big rewards, but local governments are also receiving millions of dollars in tax revenue from the industry.

Last week, the Chamber of Deputies allowed the sale of cannabis products as well as the possession of small amounts of cannabis. Additionally, individuals would be able to consume cannabis in their homes as long as no minors are present. The legislation, which already has the Senate’s stamp of approval, will head back to the Senate where it will more than likely pass and be published, says Raul Elizalde, CEO of HempMeds.

With the legislation in play, now would be a great time for American, Canadian and international companies to invest in Mexico, he says. The Senate initially passed the law with little changes, he says, and it will essentially legalize the cultivation, harvest, processing, transportation, and sale of cannabis and cannabis products. However, it will take some time before retailers can start selling cannabis to the masses, thanks to an April 30 Supreme Court-imposed deadline.

According to Elizalde, the earliest Mexico will see the legislation’s final guidelines will be March 2022. He concedes that it isn’t a perfect law and it could run into plenty of challenges, especially from companies that don’t agree with the legislation and want it changed to suit their agenda. For instance, end-to-end licenses, which were introduced via an amendment in the lower house, may see pushback from some stakeholders. These licenses would allow companies to handle harvesting, processing, distribution and sales, similar to vertically integrated companies in the United States.

The state-legal cannabis industry in the U.S. is still bogged down by plenty of issues despite its relative success, chief among them being the patchwork of cannabis legislation in different states and municipalities. Fortunately for future cannabis companies in Mexico, only one legislation, rather than several different ones, will govern the country’s cannabis industry.

Elizalde’s confidence in the bill is warranted given the support it has received from President Andres Manuel Lopez Obrador’s party. His company, which is a subsidiary of Medical Marijuana Inc., was the first American company \allowed to import hemp supplements into the country. As the legislature works out the details of the cannabis legislation, the company hopes to gain a foothold in Mexico’s cannabis industry as well.

As Mexico works its way through the cannabis legalization process, companies in mature markets in North America are raising the stakes. For instance, XPhyto Therapeutics Corp. (CSE: XPHY) (OTCQB: XPHYF) (FSE: 4XT) has plans to finish the clinical trials for its cannabis-based drug candidates, including an oral strip, to treat spasticity resulting from multiple sclerosis.

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420 with CNW — Mexico’s Chamber of Deputies Approves Marijuana Legalization Bill

Last week, the majority of the legislators in Mexico voted to legalize cannabis for recreational purposes, despite some of the legislators rejecting the legislation as they had health concerns. The Mexican Chamber of Deputies passed the bill with 23 abstentions, 129 votes of opposition and 316 votes in favor of the bill. This approval is a step forward by legislators to decriminalize cannabis, with senators having approved another version of the legislation in November last year. There were some changes that were made to the bill that senators voted on in this recent session.

Earlier in January, health authorities in Mexico had issued rules to secure pharmaceutical production and medical use of cannabis derivatives.

In last week’s move, lawmakers voted to publish the federal law for the regulation of marijuana, in addition to approving changes to the federal Penal Code and the General Health Law.

The legislation will decriminalize the possession of up to 28 grams of cannabis, with users being required to get a special permit to allow them to grow cannabis plants on their premises as well as a special permit to import, export, transform and research on cannabis. Presently, it is illegal to be in possession of more than five grams of cannabis.

Conadic, which is the National Commission Against Addictions, makes up part of the ministry of health. It will be in charge of the promotion and regulation of cannabis, which isn’t what the Senate had agreed on. Instead, the Senate had agreed to create a Mexican institute for the control and regulation of marijuana.

Additionally, the chamber of Deputies also voted to permit ownership of six plants in each household and eight if there were two consumers. This differs from what the senators had approved in November, which was four plants. The bill will be advanced to the Senate, where the changes will be reviewed before the final law is voted upon. The MORENA Party, which is the ruling party, is confident that the bill will be approved, arguing that the legislation could help address drug cartels in the country.

For the longest time, the country has waged a war on powerful drug cartels, with thousands of lives being lost each year due to violence. If the new legislation is approved, it will make Mexico one of the biggest regulated markets for marijuana in the world. Additionally, Mexico would become the third country globally to legalize recreational use of marijuana nationwide after Canada and Uruguay.

However, some critics have concerns that the legislation would make cannabis more accessible to children.

There needn’t be a lot of alarm about Mexico’s planned legalization of cannabis as not all companies in jurisdictions with legal marijuana markets make products that make users “high.” For example, California-based Green Hygienics Holdings Inc. (OTCQB: GRYN) specializes in the cultivation and processing hemp for the production of medicine-grade products.

NOTE TO INVESTORS: The latest news and updates relating to Green Hygienics Holdings Inc. (OTCQB: GRYN) are available in the company’s newsroom at http://cnw.fm/GRYN

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

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