CannabisNewsBreaks – Advanced Container Technologies Inc. (ACTX) Positioned in Rapidly Growing Market Estimated to Hit $172B in 2027

Advanced Container Technologies (OTC: ACTX) offers unique controlled environment farms called GrowPods. The company today announced a new report from KD Market Insights indicating that the market for controlled environment agriculture (“CEA”) is estimated to increase at a compound annual growth rate (“CAGR”) of 18.7% to reach $172 billion in 2027. The growth was attributed, in part, to an increase in world population, loss of agricultural land, as well as a strong demand for local foods. The report notes “remarkable advantages of CEA,” that include faster plant growth throughout the year, which allows for larger yields. “In a controlled environment, the plants have better health, which reduces the need for pesticides and other supplements. Owing to their good health, CEA grown produces are noticeably better in both size and quality then soil-grown crops,” the piece reads, further noting increased investment in CEA. “Major investments are being made by start-ups and established corporations in hydroponics, vertical farming, urban agriculture, and technology to optimize plant yield in controlled environments.”

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

About Advanced Container Technologies Inc.

Advanced Container Technologies is in the business of selling and distributing self-contained, automated, indoor “micro-farms” called Grow Pods, along with related equipment and supplies. Additionally, the company designs and sells patented proprietary medical-grade plastic containers, known as the Medtainer(R), that store and grind pharmaceuticals, herbs, teas and other solids or liquids. For more information, visit the company’s website at www.AdvancedContainerTechnologies.com.

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

About CannabisNewsWire

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

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420 with CNW — The Unique Benefits of Marijuana to the Bipolar Community

Cannabis has proved to have an effect in improving cognitive functions all the while helping to reduce risky decision-making, new research has found. Currently, more than 40 million people suffer from bipolar disorders globally. Bipolar disorder, or manic depression, has catastrophic effects on one’s daily endeavors including relationships and work processes. In this data, a good number of people suffer mild or extreme aspects of bipolar disorder but are unaware of the diagnosis.

Bipolar disorder is categorized in two main sets: bipolar I, where one exhibits manic episodes lasting a week or so, such an individual may need hospitalization; and bipolar II, where a patient presents with manic depressive episodes and elevated mood swings that could agitate the patient. Those agitating episodes could lead to high energy in the patients. The patient could also exhibit a cyclothymic disorder where they present with cyclical rapid high-low emotions or mood swings. These mood swings alternate from high-energy excitedness to a depressive dip in a small span of time.

Conventional medicine has been of help in alleviating the symptoms. However, many patients under conventional psychotic drugs do not seem to find much relief because, for one, the drugs take a long time before the effects kick in, and these drugs come with a myriad of side effects. Cannabis has come in handy as a natural and safe alternative for bipolar patients.

In a new study, researchers presented some findings in the Neuroscience 2022 conference seeking to understand how cannabis affects the cognitive and goal-directed behaviors among people with bipolar disorder. This study revealed that marijuana may have uniquely beneficial effects for those consuming it chronically. Researchers said that marijuana was effective specifically in improving cognitive function while also reducing risky decision-making. The researchers also deduced that cannabis reduces the dopaminergic activity in the brain to suppress bipolar symptoms.

There have been other older studies that produced similar findings. In a 2018 clinical trial, researchers discovered that consumption of cannabis improved the clinical symptoms of bipolar disorder. This was the first-ever clinical trial to be conducted with the aim of understanding how marijuana affects neuropsychological performance.

Researchers from Harvard Medical School, in conjunction with other scientists, studied the impact of cannabis on cognitive function and mood among bipolar patients. They found that marijuana consumption led to reduced scores for depression and anger, among other emotional expressions, and also led to heightened vigor in the same patients.

In 2020, a review by researchers at New Mexico University found that cannabis was useful in treating depression symptoms. Antidepressant drugs have had negative effects on bipolar patients, but cannabis checks for safety, effectiveness and natural remedy for the treatment of bipolar disorder. There has been a positive impact on the neuroendocrine, neurotransmission and neuroimmune systems when the endocannabinoid system is boosted with the use of cannabinoid-based products. These are the systems adversely affected by bipolar disorder, resulting in depression and other mood disorders.

A 2006 Montreal study also discovered that increasing endocannabinoids produced by the brain increases effectiveness in one’s mood. According to the lead researcher, this was the first time a drug that increased cannabinoids in the brain also improved one’s mood.  Another 2020 report from BMC Psychiatry showed that the whole cannabis plant and other plant-based cannabinoids do improve mood and sleep but also reduce anxiety and psychotic disorders.

The research body on cannabis for bipolar disorders is in its infancy, but the studies do show promise. With expanded research and clinical trials, bipolar patients will have a plethora of options outside of the conventional drugs that pharmaceutical giants are availing on the market.

As the therapeutic potential of this plant is confirmed for different medical indication, there could be a spike in the number of people looking for cannabis-growing equipment from manufacturers such as Advanced Container Technologies Inc. (OTC: ACTX) in a bid to have access to this life-changing medication cost-effectively.

NOTE TO INVESTORS: The latest news and updates relating to Advanced Container Technologies Inc. (OTC: ACTX) are available in the company’s newsroom at https://cnw.fm/ACTX

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 – Advanced Container Technologies Inc.’s (ACTX) GrowPods Return Local Control, Improve Food Quality

Advanced Container Technologies (OTC: ACTX) offers unique controlled environment farms called GrowPods, which can help reduce the environmental impact of traditional farming and enable year-round cultivation of nutritious food. According to a report republished in Science Direct, “hydroponic closed-environment agriculture could play a role in positive food system transformation, reducing environmental footprints, sparing land, and potentially helping to reconnect consumers with producers.” Further, according to Forbes, large volumes of greens are being grown indoors, even from retail giants, and controlled environmental agriculture is catching on and increasing in popularity. Doug Heldoorn, CEO of ACTX, said GrowPods are transportable and scalable, allowing fresh, nutritious food to be available on a consistent basis virtually anywhere in the nation. “GrowPods allow grocers, businesses, non-profits, and big box retailers the means to grow healthy food, year-round,” Heldoorn said. “They return local control and improve quality.”

To view the full press release, visit https://cnw.fm/R99Ez

About Advanced Container Technologies Inc.

Advanced Container Technologies is in the business of selling and distributing self-contained, automated, indoor “micro-farms” called Grow Pods, along with related equipment and supplies. Additionally, the company designs and sells patented proprietary medical-grade plastic containers, known as the Medtainer(R), that store and grind pharmaceuticals, herbs, teas and other solids or liquids. For more information, visit the company’s website at www.AdvancedContainerTechnologies.com.

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

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.

To receive SMS text alerts from CannabisNewsWire, text “Cannabis” to 844-397-5787 (U.S. Mobile Phones Only)

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

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

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

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420 with CNW — Ohio Campaigners Look to 2023 Ballot to Legalize Adult-Use Marijuana

Cannabis reform activists in the state of Ohio are hoping to get a recreational cannabis legalization bill on the November 2023 ballot. Earlier this year, the campaign behind a legalization measure announced that the bill would not be on the 2022 ballot but that there was a chance of getting the measure on the subsequent year’s ballot.

The Coalition to Regulate Marijuana Like Alcohol had filed a complaint for declaratory judgment in April to ensure that the measure made it onto last month’s ballot. The suit was unsuccessful, however, and the coalition reached an agreement with legislative leaders and the secretary of state which put their legislation on track to appear on next year’s ballot.

Tom Haren from the coalition said at the time that the most important thing was that Ohio voters would still have the chance to decide on recreational cannabis legalization even if it wasn’t during the November 2022 ballot. He added that the campaign “wasn’t going anywhere” and that supporters were resolute in their goal to legalize adult-use cannabis in the state.

The Coalition to Regulate Marijuana Like Alcohol is comprised of cannabis business owners; the group managed to raise more THAN $1 million last year in its efforts to legalize recreational cannabis. In fact, the group collected a total of $212,500 in the first half of 2021, with $150,000 coming from procannabis legalization organization the Marijuana Policy Project, $50,000 was donated by the owner of Ohio-based medical cannabis cultivator and processor Klutch Cannabis while $12,500 came from Riviera Creek, a cultivator and processor in Youngstown.

The campaign’s lawsuit was concerned with the complex timing and deadline involved in the multistep process of getting an initiative on the ballot. Lawmakers, the campaign, and the court settled out of court, agreeing that the campaign has until early January to present a recreational cannabis proposal to the Ohio General Assembly.

Haren, the lawyer working on the adult-use cannabis campaign, said that the legislature has only four months to craft and pass a similar recreational cannabis bill. Since it is likely that the legislature will not pass adult-use legislation, the campaign will have to collect around 130,000 signatures in around eight weeks to qualify for the November ballot once it receives the proposal from the Ohio General Assembly. Haren is optimistic about the campaign’s chances of success, stating that advocates will prepare staff to collect signatures and expect to have enough before the deadline elapses.

The onward march of cannabis legalization brings opportunities not only for companies that will directly deal with plant-touching products but also for others such as Advanced Container Technologies Inc. (OTC: ACTX) that are tangentially linked to the industry.

NOTE TO INVESTORS: The latest news and updates relating to Advanced Container Technologies Inc. (OTC: ACTX) are available in the company’s newsroom at https://cnw.fm/ACTX

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

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420 with CNW — Marijuana Growers Face New Challenges as Washington State Clocks a Decade of Legalization

Voters in Washington state chose to legalize recreational cannabis a decade ago, opening the state up to a multibillion-dollar industry that has seen significant growth in just a few short years. But, even though the adult-use cannabis industry has proven to be quite lucrative with retailers in Washington state selling around $1.5 billion to $1.7 billion worth of cannabis in 2022, the industry is not without its challenges.

A decade after legalizing recreational cannabis sales, Washington’s cannabis industry still faces a myriad of problems that have prevented the space from fully realizing its potential. For starters, there is a crippling lack of access to capital because outside investment has been hindered due to the state’s residency requirements for cannabis retailers.

Additionally, an influx of cultivators in Washington has resulted in an oversupply of cannabis flower and reduced wholesale prices for the plant. There has also been a shortage of social-equity opportunities for entrepreneurs hailing from marginalized communities that were disproportionately affected by the war on drugs.

Despite these challenges, the state’s cannabis industry has achieved the objective outlined in its cannabis legalization bill: to launch a state-legal market for licensed cannabis companies. According to the latest MJBiz Factbook, cannabis sales in the state may reach a whopping $2.3 billion to $2.5 billion by the year 2026.

Verda Bio CEO Jessica Tonani stated during a recent panel that Washington state has come an extremely long way in regard to cannabis reforms and public attitudes.

One of the major challenges in the cannabis industry in states such as Oregon, Washington and Colorado is low wholesale cannabis-flower prices. Attracted by the insane profits players in the cannabis market have been raking in, multitudes of growers have been flooding the market.

Harvests have been particularly good this year, thanks to a robust growing season and limited adverse weather events. Given that the cannabis flower market was already oversupplied, these bountiful harvests saturated the market even further, causing prices to drop even lower.

Cannabis grower Ryan Sevigny said that the cannabis industry is a tough place for farmers at the moment, especially for small craft farmers. Evergreen Market CEO Shannon Vetto is of the same opinion, stating that being a farmer is hard right now and that craft farmers are “hurting the most.”

With the state charging nearly 50% excise, local and state taxes, some consumers are opting to buy from the illicit market to avoid the high prices. In some jurisdictions, the use of indoor cultivation equipment availed by Advanced Container Technologies Inc. (OTC: ACTX) and other such suppliers is reducing how much those people need to spend on dispensary-bought cannabis products.

NOTE TO INVESTORS: The latest news and updates relating to Advanced Container Technologies Inc. (OTC: ACTX) are available in the company’s newsroom at https://cnw.fm/ACTX

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

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420 with CNW — NY Selects Companies to Construct Social Equity Cannabis Business Premises

America’s state-level cannabis reform movement has put plenty of consideration into ensuring that individuals from marginalized communities are given a chance to participate in the billion-dollar industry. It’s no secret that the war on drugs, and cannabis policing to be more specific, had a disproportionately negative effect on members of Black and Brown communities.

Black people are much more likely to be arrested and receive harsher sentences for cannabis offenses compared to white people despite similar use rates.

Social equity provisions in marijuana legalization bills were meant to give individuals from these communities a leg up in the industry and allow them to profit from a product that was once used to persecute them. New York, which legalized recreational cannabis in March 2021 and expects to launch its recreational cannabis industry by the end of the year, has now selected companies to handle the construction of social equity marijuana premises.

Officials announced late last week that they had chosen 10 teams that would be tasked with constructing close to 150 facilities for social equity applicants to open and run their businesses once New York launches legal sales. The announcement came just a few days before the state Cannabis Control Board (CCB) holds a meeting to approve the first social equity cannabis retailer licenses and advance regulations for the new industry.

A recent notice from the dormitory Authority of the State of New York (DASNY) stated that several agencies were involved in the approval of the 10 firms. The notice, titled “Firms Selected to Design & Build New York Adult-Use Retail Cannabis Dispensaries,” reported that the teams would build storefront facilities for entrepreneurs who had secured a Conditional Adult Use Retail Dispensary (CAURD) license via the NY State Office of Cannabis Management (OCM).

The team of 10 firms includes AOW Construction LLC, Anderson Porter Design, SEI Design Group Architects, DPC/Bette & Cring and the Pike Company.

The Social Equity Servicing Corporation (SESC) has already begun looking for sites to house the first dispensaries. The agency has around $200 million in funding from the Social Equity Cannabis Fund, and the process of finding sites is projected to go on through the next year.

Meanwhile, the New York OCM met last Monday to discuss potentially approving the state’s first set of CAURD licenses. The OCM has also provided a preview of regulations that it had developed to govern the state’s recreational cannabis industry. The regulations involve licenses that cover cultivation, processing, distribution and retail.

As patients permitted to use medical marijuana start growing their own cannabis, many of them may experiment with cultivation options offered by a variety of companies, such as Advanced Container Technologies Inc. (OTC: ACTX), that are touted to help boost yields for indoor growers.

NOTE TO INVESTORS: The latest news and updates relating to Advanced Container Technologies Inc. (OTC: ACTX) are available in the company’s newsroom at https://cnw.fm/ACTX

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

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CNW420 is part of the InvestorBrandNetwork.

CannabisNewsBreaks – Advanced Container Technologies Inc.’s (ACTX) GrowPods Can Help Feed the Hungry Throughout America

Advanced Container Technologies (OTC: ACTX) offers unique controlled environment farms called GrowPods, which can help non-profit agencies, schools and community groups reduce food insecurity. According to the USDA, more than 34 million people in the United States, including 9 million children, are food insecure. This means that one in eight U.S. kids are living with hunger. Thanks to advances in technology, non-profit organizations, schools, places of worship, and civic groups can now grow food in an automated, controlled system, right within the communities they serve. However, while farming is generally not commonplace among food banks, controlled environment farms like GrowPods could bring about a shift in willingness and capabilities. “GrowPods provide a simple yet effective method to grow healthy food, year-round,” said Doug Heldoorn, CEO of ACTX. “These systems are affordable and easy to operate, so that a variety of fresh leafy greens, vegetables and fruits can be available on a consistent basis to those who need it most.”

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

About Advanced Container Technologies Inc.

Advanced Container Technologies is in the business of selling and distributing self-contained, automated, indoor “micro-farms” called Grow Pods, along with related equipment and supplies. Additionally, the company designs and sells patented proprietary medical-grade plastic containers, known as the Medtainer(R), that store and grind pharmaceuticals, herbs, teas and other solids or liquids. For more information, visit the company’s website at www.AdvancedContainerTechnologies.com.

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

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.

To receive SMS text alerts from CannabisNewsWire, text “Cannabis” to 844-397-5787 (U.S. Mobile Phones Only)

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

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

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

CannabisNewsWire (CNW)
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CannabisNewsWire is part of the InvestorBrandNetwork.

420 with CNW — Congressional Researchers Outline Major Limitations of Presidential Cannabis Pardons

After keeping the country in suspense for nearly two years and attracting plenty of criticism from lawmakers and reform advocates who argued that the his administration was dragging its feet, President Joseph Biden finally announced that he would issue mass pardons for Americans who had been convicted on certain cannabis-related offenses. The move was praised by reform advocates and plenty of citizens as a critical step toward compensating individuals and communities that were disproportionately affected by the war on drugs.

However, a report from the Congressional Research Service (CRS) noted that despite the recent developments in cannabis reform, the disparity between federal and state cannabis regulation is growing. The CRS report provides a detailed overview of the limitations of the recent mass cannabis pardon coupled with a more comprehensive overview of developments in state and federal cannabis policy.

The report stated that there have been two major developments in cannabis policy in recent weeks: President Biden’s mass cannabis pardon and voting on state-level marijuana legalization ballot initiatives.

But even though there is a growing disparity in state and federal marijuana regulation, the report noted that federal prohibition has been somewhat stifled by a congressional rider that prevents the federal government from using federal funds to enforce cannabis prohibition.

Still, the CRS believes that there are additional ways to close the regulation gap more effectively, such as asking several federal agencies to do a scientific review of cannabis’s status as a Schedule I drug, which Biden did last month. In a best-case scenario, this review could allow for the reclassification of cannabis in a lower schedule or even its total removal from the federal Controlled Substances Act. Those changes would make it much easier for researchers to study the potential benefits and risks of the plant.

According to the report, the president’s pardon will not include people who were convicted of cannabis offenses at the state level. Coincidentally, this is where a lot of marijuana cases are prosecuted, and even though the president encouraged governors to issue pardons at the state level, the report states that some states do not allow governors to “independently grant clemency.”

The pardon is also restricted to individuals who were convicted of simple possession, which is “relatively uncommon” at the federal level, the report said. The pardon will also be limited to American citizens, excluding noncitizens with cannabis possession on their records, a condition that has garnered criticism from lawmakers and advocacy groups.

Congressional researchers also noted that the pardon will only apply to people who were convicted for simple cannabis possession before it was announced. Furthermore, since the pardon does not expunge cannabis convictions, individuals who were convicted may not be spared the legal consequences of receiving a simple cannabis possession conviction.

Most importantly, the CRS stressed, the pardon does not change marijuana’s status at the federal level. This is unfortunate, because more people should have the opportunity to benefit from the innovative indoor cultivation equipment made by the likes of Advanced Container Technologies Inc. (OTC: ACTX) targeting cannabis cultivation at home and commercially.

NOTE TO INVESTORS: The latest news and updates relating to Advanced Container Technologies Inc. (OTC: ACTX) are available in the company’s newsroom at https://cnw.fm/ACTX

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

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CNW420 is part of the InvestorBrandNetwork.

420 with CNW — Governor Beshear Signs Order Partially Legalizing Medical Cannabis in Kentucky

Lawmakers in Kentucky, a state with one of the most restrictive cannabis laws in the country, have taken the first steps to loosen its marijuana policies. Kentucky Governor Andy Beshear recently signed an executive order that legalized the possession and consumption of medical marijuana by qualifying Kentuckians on the condition that the cannabis was legally purchased outside the state. Qualifying individuals will also be restricted to less than eight ounces of medical marijuana.

Although dozens of states now allow medical and recreational cannabis, 13 states including Kentucky have still banned both medical and adult-use marijuana. In spite of this prohibition, polls have found that a large percentage of Kentucky residents are in favor of legalizing cannabis for medical use.

A multitude of studies have found that cannabis can be effective against a variety of conditions, and more Americans are looking to the plant as an alternative medicine to pharmaceuticals.

Thanks to the newly signed executive order, eligible Kentuckians will now be able to use medical cannabis to alleviate symptoms such as chronic pain, anxiety, insomnia and even lack of appetite. Beshear said that while he would have preferred to pass a bill that would have completely legalized medical cannabis and launched a regulated market, the Kentucky General Assembly’s failure forced him to take executive action.

Given that nearly 40 states have legal medical marijuana markets and a majority of Kentuckians support medical cannabis legalization, Beshear stated that he was doing what he could to ensure patients who need the drug for a better quality of life can access it. He also said that residents who have been diagnosed with chronic and terminal illnesses who were previously barred from legally accessing medical cannabis will now be able to get the drug without a risk of criminal prosecution.

Beshear’s executive order will take effect on Jan. 1, 2023.

Patients who are afflicted with any of the 21 qualifying conditions listed will be protected from criminal persecution if they possess up to eight ounces of medical cannabis if they can prove that it was purchased in a licensed dispensary from out of state. These qualifying conditions include post-traumatic stress disorder (PTSD), multiple sclerosismuscular dystrophy, terminal illness and cancer.

To qualify for protection under the executive order, patients will need licensed physicians to certify that they have been diagnosed with one of the qualifying conditions.

When legalization eventually happens, there is a possibility that residents may be allowed to grow their own cannabis and leverage modern cultivation equipment commercialized by the likes of Advanced Container Technologies Inc. (OTC: ACTX).

NOTE TO INVESTORS: The latest news and updates relating to Advanced Container Technologies Inc. (OTC: ACTX) are available in the company’s newsroom at https://cnw.fm/ACTX

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CannabisNewsBreaks – Advanced Container Technologies Inc.’s (ACTX) Grow Pods Provide Optimal Environment for all Crops

Advanced Container Technologies (OTC: ACTX) is in the business of developing, manufacturing and selling advanced cultivation equipment, proprietary packaging systems, and a variety of other products to help businesses and entrepreneurs enter or expand in the rapidly growing cannabis and hemp markets. “The company is the exclusive U.S. distributor for Grow Pods, which are advanced, self-contained hydroponic containers that are essentially micro-farms. These containers feature a controlled, specially filtered environment that allows crops to be grown year-round with a smaller footprint because the pods use less water and power than more traditional growing systems,” a recent article reads. “Grow Pods offer constant temperature, humidity and airflow control, as well as automated watering and lighting schedules for optimal growth and minimal labor requirements, making the pods ideal for all crops. However, they are capturing a great deal of attention in the cannabis and hemp space. With strict growing, harvesting and packaging regulations in place throughout the cannabis industry, ACTX offers a controlled environment that allows compliance in all aspects.”

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

About Advanced Container Technologies Inc.

Advanced Container Technologies is in the business of selling and distributing self-contained, automated, indoor “micro-farms” called Grow Pods, along with related equipment and supplies. Additionally, the company designs and sells patented proprietary medical-grade plastic containers, known as the Medtainer(R), that store and grind pharmaceuticals, herbs, teas and other solids or liquids. For more information, visit the company’s website at www.AdvancedContainerTechnologies.com.

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

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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