420 with CNW – USDA Publishes Report on the Status of the Canadian Hemp Industry

The U.S. Department of Agriculture (USDA) has released a report that provides details about the status of the hemp industry in neighboring Canada.

The six-page document which was authored by the Agriculture Attaché Evan Mangino indicates that while hemp was legalized in Canada close to 20 years ago and the U.S. only did so last year, the two countries are facing identical regulatory challenges.

Last year, Canada exported approximately 5,400 metric tons of hemp seeds. About 70 percent of those exports were to the U.S., but this figure is expected to drop a great deal once U.S. hemp farmers start harvesting their crop this year.

Until recently, farmers in the U.S. complained that it was hard for them to access viable hemp seeds from Canada. This prompted the USDA to write a clarification in April that under the 2018 Farm Bill, it was legal to import this planting material.

The report also states that most of the hemp grown in Canada is for nonviable hempseed. This is used to make hemp protein powder, hemp meal, hemp flour, hemp-based snacks and hulled hemp seeds.

The current regulatory framework in Canada doesn’t allow hemp or its products to be used as animal or pet food, and CBD isn’t allowed to be used as an ingredient in health supplements. However, the country plans to allow the manufacturers of livestock feed single ingredients (hemp seeds or hemp oil, for example) to apply and get approval to use the product for that purpose.

The hemp and natural products’ industries in Canada have continued to campaign so that the country designs a separate regulatory mechanism for products containing CBD, according to the status report published.

Veterinary associations in Canada have also been pushing for a legal pathway through which the members of those associations can start prescribing products containing cannabinoids, such as THC and CBD, to animals.

However, Canada has only approved one company to conduct clinical trials into the use of CBD and THC to manage anxiety in pets.

Despite the full legalization of cannabis in Canada, there are only three ways through which people can obtain CBD products.

First, residents can buy these products from retailers that have been licensed by provincial governments. This is similar to what happens for marijuana.

Secondly, Canadians can buy CBD products from medical marijuana dispensaries if those interested people are patients registered for the program and they have a prescription from a medical professional.

Alternatively, one can buy drugs containing CBD if the individual has a prescription for that drug and the specified drug has been vetted or approved by the appropriate health care authorities.

These ways to access CBD seem to be identical to what is currently prevailing in the U.S., and since the FDA has suggested that Congress may have to step in or else the agency takes years to develop alternative rules, there seems to be no quick solution to the regulatory challenges.

Industry watchers believe industry actors like Sugarmade Inc. (OTCQB: SGMD) and The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) are confident that appropriate regulations will eventually come and end all the uncertainty in the industry.

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 – Israel to Triple Medical Marijuana Production

According to Israeli media, the government has issued an additional seven medical marijuana cultivation licenses. This decision will result in the tripling of the amount of medical marijuana grown in the country.

The seven companies granted cultivation licenses are Elpis Flora, Briev Agricultural Crops, Medical Cannabis Growing, Rami Sela, Shavit Agro, Natali Buskila and S. Sydan. It is expected that these seven entities will be in position to avail medical marijuana products to Israeli pharmacies by the end of this year.

This week also marks the overhaul of the medical marijuana program in Israel as new regulations come into force. These regulations require medical marijuana producers to sell their products to licensed medical marijuana pharmacies instead of selling those products directly to the certified patients. This move has added the layer of a middleman (the pharmacies) to the industry.

To make the transition smooth, regulators have said that starting with September, medical marijuana producers in the country will be expected to sell at least 10 percent of what they produce to pharmacies.

The volume sold to pharmacies must increase by 10 percent every month so that come January 2020, the entire volume of products grown by licensed cultivators is sold to pharmacies.

Medical marijuana patients and medical marijuana producers in the country have vehemently protested against these changes because the most likely outcome will be an increase in the price that patients have been paying for these products since pharmacies will add a markup to the price at which they buy the products from producers.

However, the government is adamant that the changes will go ahead because they want all products to go through an official distribution channel through which their quality can be checked to confirm that those products meet international standards.

True to the carrot and stick method of management, the government has dangled a juicy carrot to producers who make the necessary changes quickest. Those producers who are the fastest in selling all their products through pharmacies will be considered first when the country starts issuing medical marijuana export licenses.

That bait is irresistible because medical marijuana companies have been crying out for the process of issuing export licenses to be expedited. The companies know that with a limited Israeli population, long-term success can only come when they are allowed to access international markets.

President Reuven Rivlin has called a meeting this week in which the concerns of patients will be discussed so that the anticipated product shortages as strict standards are enforced so quickly can be minimized or avoided. Prime Minister Netanyahu will also attend that meeting.

At the moment, analysts believe that cannabis industry actors like Organigram Holdings Inc. (TSX: OGI) (NASDAQ: OGI) and Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) are hoping that their industry counterparts in Israel have a smooth transition to the new rules so that patients aren’t unnecessarily inconvenienced.

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 – TransCanna Holdings Inc. (CSE: TCAN) (FRA: TH8) Releases Corporate Update

TransCanna Holdings Inc. (CSE: TCAN) (FRA: TH8) this morning announced its appointment of President and CEO Steve Giblin, who will also continue as an executive director for the company while Arni Johannson will remain its chairman of the board. The company thanks former CEO Jim Pakulis for his efforts launching TransCanna and establishing multiple strategic relationships. Per the update, Giblin has led the rapid growth of multiple companies in Europe, Canada and the United States and has worked closely with other industry leading brands with C-suite relationships that include Marriott, Hilton, Bentall Kennedy and Great West Life. “Significant effort has been made in the past few months to ensure TransCanna has the right strategies and fiscal plan to give the company a solid platform for growth,” TransCanna President and CEO Steve Giblin said in the news release. “We have seen a complete team effort with incredible synergies coming together, full thanks to every team member from Santa Cruz, Modesto and our Canadian Public entity.”

To view the full press release, visit http://cnw.fm/L3v9g

About TransCanna Holdings Inc.

TransCanna Holdings Inc. is a Canadian-based company focused on providing integrated branding, transportation and distribution services, through its wholly-owned California subsidiaries, to a range of industries including the cannabis marketplace. For more information, visit the company’s website at www.TransCanna.com.

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

About CanadianCannabisWire

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

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HempNewsBreaks – SinglePoint, Inc.’s (SING) Direct Solar to be Energy Solutions Provider for First of its Kind Hemp Distribution Center

Technology and investment company SinglePoint (OTCQB: SING) today announced that its subsidiary, Direct Solar of America, is planning along with GSX International Group and other larger corporations a first of its kind Hemp distribution center. Per the update, Direct Solar will provide all energy solutions to production and distribution centers, as well as energy solutions to independent farmers in the co-op. Direct Solar will also facilitate the selling or assigning of ITCs between the farmers and centers or other third parties. The expansion into hemp represents an opportunity to enter what is projected to be a multi-billion dollar market in just a few short years and, given the current solar tax incentives along with opportunity zone exemptions, there is an enormous potential for overall profit. With this financial incentive, the project is expected to be fully profitable within three to four growing cycles.

To view the full press release, visit http://cnw.fm/iOMf7

About SinglePoint, Inc.

SinglePoint, Inc. is a technology and investment company with a focus on acquiring companies that will benefit from the injection of growth capital and technology integration. The company portfolio includes mobile payments, ancillary cannabis services and blockchain solutions. Through acquisitions into horizontal markets, SinglePoint is building its portfolio by acquiring an interest in undervalued companies, thereby providing a rich, diversified holding base. Through SingleSeed, the company is providing products and services to the cannabis industry. For more information, visit the company’s website at www.SinglePoint.com.

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

About HempWireNews

HempWireNews (HWN) 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. HNW 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. HempWireNews (HWN) is where HEMP news, content and information converge.

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CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Receives Health Canada Approval to Expand Operations into Hamilton Hybrid Greenhouse

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF) today announced its receipt of Health Canada approval, under the Cannabis Regulations, to expand operations into its new Hamilton, Ontario-based hybrid greenhouse. According to the update, the state-of-the-art 123,000 square foot facility will serve to increase TGOD’s premium organic cannabis production as it expands sales in Canada. “We are thrilled to start using this purpose-built hybrid greenhouse as we ramp up our production of premium organic cannabis, an underserved segment of the market,” TGOD CEO Brian Athaide stated in the news release. “Our team pioneered the concept of growing organic cannabis at scale; this hybrid greenhouse has been artfully designed for organic cultivation, allowing us to reliably produce clean, safe and non-irradiated cannabis.”

To view the full press release, visit http://cnw.fm/O4rjO

About the Green Organic Dutchman Holdings Ltd.

The Green Organic Dutchman is a publicly traded, premium, global organic cannabis company with operations focused on medical cannabis markets in Canada, Europe, the Caribbean and Latin America, as well as the Canadian adult-use market. TGOD also has organic-hemp CBD oil operations in Canada and through its wholly owned subsidiary HemPoland, which distributes premium-hemp CBD oil in the EU. The company grows high-quality, organic cannabis with sustainable, all-natural principles. TGOD’s products are laboratory tested to ensure patients have access to a standardized, safe and consistent product. TGOD has a planned capacity of 219,000 kgs and is building 1,643,600 square feet of cultivation and processing facilities across Ontario, Quebec, Jamaica and Denmark. For more information, visit the company’s website at www.TGOD.ca.

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

About CanadianCannabisWire

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

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420 with CNW – Study Finds the Presence of Marijuana Reduces Local Crime Rates

Many opponents of marijuana legalization have often argued that legalization would open the door to higher crime rates within the neighborhoods where cannabis dispensaries are located. However, a study done in Denver has shown that in the neighborhoods where cannabis dispensaries are opened, crime rates tend to reduce in comparison to the neighborhoods without marijuana dispensaries.

The researchers write that when a marijuana dispensary is opened in an area, a crime reduction rate of 19 percent is noted relative to the overall crime rates within the period under study. This monthly reduction in crime was computed on the basis of neighborhoods with 10,000 residents.

The data used in this study was taken from the monthly crime-related data released by different localities in Denver, Colorado between January 2013 and December 2016. Recreational marijuana sales started in 2014 across the state, and this provides a detailed data set for analysis.

The researchers also took a close look at the location of medical and recreational marijuana dispensaries that opened and those that later closed in different parts of Denver. The team concluded that there was a tendency for marijuana dispensaries to open in the poorer neighborhoods or those with larger populations of minorities.

The team also found that during the period of inquiry, crime rates in Denver increased by about 1.7 percent. The exception to this general rule were neighborhoods in which marijuana dispensaries were opened.

While the researchers admitted that the positive effects of opening a marijuana dispensary were localized in terms of the reduction in crime rates, they were however convinced that when these good effects in different neighborhoods hosting marijuana dispensaries are aggregated, a general benefit can accrue to the entire city.

As for the actual crimes for which a reduction was noted, nonviolent crime was the most noticeable. These included simple assault, trespass, criminal mischief and public disorder, among others.

Regarding drug-related crime, the research revealed that there was a reduction of 2.3 such crimes crimes each month for a neighborhood having 10,000 residents. There were also slight declines in the number of crimes related to heroin, cocaine and methamphetamine.

The researchers were of the view that the increased presence of police in areas with marijuana dispensaries could explain why the crimes related to other drugs like cocaine may have reduced in those areas.

These results give further proof to the conclusions of an earlier study in 2017 which showed that the opening of alcohol retail establishments brought more crime to an area when compared to the opening of marijuana retail facilities.

Analysts believe that marijuana industry actors like Nabis Holdings (CSE: NAB) (OTC: NABIF) (FRA: 71P) and Neutra Corp. (OTCQB: NTRR) feel the industry is vindicated when such research findings are made showing that some of the negative effects attributed to the industry aren’t true.

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 – The Tinley Beverage Company Inc. Completes State-of-the-Art Long Beach Facility Buildout

The Tinley Beverage Company today announced completion of the buildout of its phase 3 permanent facility in Long Beach, California. According to the update, the state-of-the-art facility is purpose-built and will be utilized for formulation, batching and co-packing of a variety of cannabis-infused beverages, as well as branding, regulatory and beverage-specific DSD distribution-related services. In addition, the company will use the facility to produce its own Tinley-branded products, which, in late Q2 2019, began shipping to distributors from a phase 2 manufacturing facility. “This achievement marks the culmination of several years of design, engineering and construction work, enabled by learnings from the real-world sales and market experience that we have gained as a Company through our Phase 1 and Phase 2 facilities,” Tinley Director Ted Zittell said in the news release. “With a first-class production and sales team in place, Tinley is well-positioned to help third-party CPG and lifestyle brand owners extend their offer into the growing cannabis beverage market, in the same manner as our team has done for over 100 such brands globally in the cola and wider beverage industry.”

To view the full press release, visit http://cnw.fm/52oA8

About The Tinley Beverage Company

The Tinley Beverage Company (Santa Monica, California) created the Tinley(TM) Tonics and Tinley(TM) ‘27 line of cannabis beverages.  The Tinley(TM) Tonics and Tinley(TM) ’27 line of liquor-inspired, non-alcoholic, cannabis-infused beverages are available in dispensaries throughout the state.  The company is also building a 20,000 square foot cannabis beverage manufacturing and distribution facility in Long Beach, California. For more information, visit the company’s website at www.DrinkTinley.com.

About CannabisNewsWire

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

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CannabisNewsBreaks – Willow Biosciences Inc. (CSE: WLLW) Releases Q2 2019 Results and Provides Operational Update

Willow Biosciences (CSE: WLLW) today released its financial results for the three and six months ended June 30, 2019 and provided an operational update. Among highlights for the quarter, the company reported that it has: expanded its operations to include three facilities located in Calgary, Alberta, Mountain View, California and Burnaby, British Columbia; made key appointments to its management team and board of directors; entered an exclusive Joint Development Agreement (“JDA”) with Noramco; and completed a reverse takeover and raised gross proceeds of approximately $37.0 million. “Over the past few months, we have made impressive progress in advancing our business on several important fronts,” Willow President and Chief Executive Officer Trevor Peters said in the news release. “We have assembled a team of proven business executives and world-renowned scientists to lead the development of our high-quality consumer, wellness, and pharmaceutical ingredient manufacturing programs. The development of our yeast-based cannabinoid production platform is progressing well and we expect to initiate the scaling up of our process in the first half of 2020. In addition to advancing our development operations, we are focused on positioning Willow for successful future commercialization through our recently signed strategic partnership with Noramco, Inc. (Noramco), one of the world’s leading pharmaceutical cannabinoid ingredient producers.”

To view the full press release, visit http://cnw.fm/Nh99B

About Willow Biosciences Inc.

Headquartered in Calgary, Canada, Willow and its team of scientists are leaders in the field of biosynthetic production of high-value, plant-derived compounds. Willow has applied its integrated suite of technologies to develop manufacturing processes for numerous active pharmaceutical ingredients with various therapeutic benefits, including cancer treatment, pain management and CNS disorders. In the cannabinoid field, Willow owns proprietary, yeast-based lab strains that produce CBD, tetrahydrocannabinol (THC) and cannabigerol (CBG), as well as certain minor and novel cannabinoids. For more information, visit the company’s website at www.WillowBio.com.

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

About CanadianCannabisWire

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

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CannabisNewsAudio – Sugarmade, Inc. (SGMD) Providing Hydroponics to Flourishing Hemp Market

Related Editorial
With a powerhouse economy worth more than $3 trillion, California’s economy ranks as the fifth largest in the world. Current legislation is expected to pave the way for the state’s hemp market to explode.

With a series of smart acquisitions and brand expansions, Sugarmade Inc. (OTCQB: SGMD) (SGMD Profile)appears to be a strong pick-and-shovel presence as California looks at passing hemp-friendly legislation. Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) just announced a new hemp-based acquisition, while Greenlane Holdings Inc. (NASDAQ: GNLN) and The Green Organic Dutchman (TSX: TGOD) (OTCQX: TGODF) (TGOD Profile) have both inked deals that strengthen their presence in the hemp industry as well. KushCo Holdings Inc. (OTCQX: KSHB), another industry supplier, just created a new sales division aimed at mass distribution, industry education and compliance, and building CBD-brand distribution networks.

To hear the CannabisNewsAudio version, visit http://cnw.fm/od3lR

To view the full editorial, visit http://cnw.fm/H5kno

About Sugarmade Inc.

Sugarmade is a product and branding marketing company investing in operations and technologies with disruptive potential. The company is becoming a leading supplier to the growing hemp and cannabis industries as a non-plant touching provider of cultivation and processing supplies to industry players. The company is in the process of acquiring several leading hemp and cannabis supply companies that are currently producing in excess of $70 million in annual revenues. Sugarmade is also an investor in fast growing Hempistry, Inc., a Kentucky-based cultivator and processor of industrial hemp and hemp distillates and isolates, and operates Carryoutsupplies.com a leader provider to the quick service restaurant industry. For more information, visit the company’s website at www.Sugarmade.com.

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

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 – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Reports Unaudited Q2 2019 Results

Plus Products (CSE: PLUS) (OTCQX: PLPRF), a leading cannabis branded products company in the U.S., today released its unaudited financial and operational results for the three and six months ended June 30, 2019. In the update, the company reported second quarter financial highlights including the following: Revenue increase to $3.6 million in Q2 2019, representing 125% year-over-year growth over Q2 2018 revenues of $1.6 million; improvement in gross margins to $0.7 million, or 20%, in Q2 2019, compared with $0.2 million, or 14%, in Q2 2018. “Our high product standards, growing brand recognition and the launch of our new line of mints drove strong demand for our products this quarter, cementing our position as a top selling cannabis brand in California,” Plus Products Co-Founder and Chief Executive Officer Jake Heimark said in the news release. “For the 5th consecutive quarter, PLUS ‘Uplift’ was the #1 best-selling cannabis product in California in dollars sold, according to data from BDS Analytics.”

To view the full press release, visit http://cnw.fm/A0Xe6

About Plus Products Inc.

Plus Products is a California edibles company focused on using nature to bring balance to consumers lives. PLUS’s mission is to make cannabis safe and approachable; that mission begins with high-quality products that deliver consistent consumer experiences. PLUS Gummies and PLUS Mints are manufactured at PLUS’s own factory in Adelanto, California, with strict internal and external testing to ensure accurate consistent dosage. PLUS is headquartered in San Mateo, California, with 80 employees. For more information, visit the company’s website at www.PlusProducts.com.

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

About CanadianCannabisWire

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

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