Tag: GLDFF

420 with CNW — How to Use Supplemental Lighting While Growing Cannabis Outdoors

Cannabis is an interesting crop to cultivate. The crop is part of a group of plants that use photoperiodism to determine their biological calendar, which means they rely on the length of days and nights to initiate physiological changes. Simply put, a certain number of daylight hours will induce a specific developmental stage, with most cannabis growers applying more than 18 hours of light every day to keep their plants in the vegetative stage and 12 hours of light to induce flowering.

When you mention supplementary lighting, most growers think of indoor grows that have no access to sunlight. However, did you know that you could also apply supplemental lights to an outdoor cannabis farm? Efficient use of outdoor lights can allow growers to take advantage of their real estate for larger yields without having to resort to greenhouses and blackout clothes. To understand how, let’s take a quick look at cannabis history.

Since cannabis has been illegal for decades, we don’t know a lot about it. This isn’t just restricted to its effects but regarding genetics as well. Most of the cannabis genetics currently on the market were bred for the states that first allowed cannabis cultivation. Including Colorado, Washington and Oregon, these Northern states have longer summer days that allow for a longer vegetative state (as much as seven weeks) and large yields. In Southern states with shorter summer days, these cannabis breeds with the same genetics would have a short vegetative stage (around one to two weeks), leading to stunted growth and smaller yields.

That’s where supplemental outdoor lights come in. If you are growing cannabis that is dependent on longer days to vegetate in a region with shorter days, say fourteen hours per day, you will have to trick the plants into thinking the days are longer. Called “night interruption,” this process involves shining low lighting to plants during the night to make the days longer, at least from the plants’ perspective. This can be done from 10 p.m. to 2 a.m. using stadium lights or floodlights. Ensure you use several lights on multiple sides of your farm to ensure all the plants receive sufficient light. If any of them are shaded, they can still begin flowering.

Some farmers use string lights, which can be pricey when applied to an outdoor grow. LEDs will also work, and they are easier on the pocket. You may also want to look into different cannabis genetics to find the ones bred for your latitude. If you cannot find a variety that’s suited for your location, strategic use of night interruption could ensure your cannabis stays in the vegetative stage for longer and produces a large yield.

The cannabis sector is evolving quickly, and established companies such as Chalice Brands Ltd. (CSE: CHAL) (OTCQB: CHALF) are constantly on the hunt for new techniques that can give them an advantage in terms of superior yields and high-quality products.

NOTE TO INVESTORS: The latest news and updates relating to Chalice Brands Ltd. (CSE: CHAL) (OTCQB: GLDFF) are available in the company’s newsroom at https://cnw.fm/CHALF

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 — Wyoming Supreme Court Admonishes Prosecutor for Allowing False Testimony to Be Presented in Court

The Supreme Court in the state of Wyoming has admonished an attorney in Cheyenne for permitting a DCI agent to make a false testimony in a case against hemp growers.

Last year during a hearing of the case, Special Agent Jon Briggs of the Division of Criminal Investigation gave a false testimony about an exchange he had with one of the defendants when officers conducted a raid on the operation. The defendant, a contract farmer by the name of Brock Dyke, presented to the agent test results that showed that the hemp crop was legal during the raid, which took place in 2019. However, during preliminary hearings, Briggs asserted that the tests possibly showed that the hemp was above the legal limit of THC, which was false. The case sought to prosecute hemp growers as cannabis traffickers.

Hemp has been legal in Wyoming since 2017. However, under the state’s law, hemp plants shouldn’t have a concentration of more than 0.3% THC.

David Singleton, the senior assistant district attorney in Laramie County, was the presiding prosecutor in the case.

After the hearing, Tom Jubin, who was the defendant’s attorney, asked Singleton and Briggs to correct the record. However, the two tried to reinforce the false testimony once more in a court hearing a few months later.

The order of public censure released by the Supreme Court shows that during this hearing, which was held in August, Briggs not only reiterated his false testimony but also stated that he was not aware of the request by the defendant’s attorney. For his part, Singleton acknowledged that he violated the state’s judiciary rules of professional conduct and agreed to pay administrative fees to the Wyoming State Bar.

Brock Dyke revealed in an interview that during the raid, which occurred in November 2019, the DCI seized more than 600 pounds of hemp, noting that law enforcement officers armed with rifles and in tactical gear carried out the operation.

Singleton was trying to charge the hemp farmers whose operations were raided with drug trafficking charges. However, the attempt was thwarted after Antoinette Williams, the circuit court judge in Laramie County, dismissed the charges during the hearing in August.

It is yet to be confirmed whether Briggs will be charged for giving a false testimony. Additionally, Forrest Williams, director of the DCI, hasn’t responded to a request for a comment.

This Wyoming case highlights some of the challenges that cannabis sector players face as they conduct lawful activities and shows how much additional reforms are needed before cannabis entities such as Chalice Brands Ltd. (CSE: CHAL) (OTCQB: GLDFF) can say they are treated equally with other legal industries.

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

About CNW420

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

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420 with CNW — Missouri Court Rules That Medical Cannabis License Applications Aren’t Secret

Medical marijuana license applicants in Missouri were offered a much-needed reprieve after an appeals court ruled that state regulators cannot keep information from medical cannabis applications secret. In 2018, voters approved a constitutional amendment that legalized medical marijuana, making Missouri the 33rd state to legalize medical cannabis. Soon after, hundreds of business owners who saw a solid business opportunity applied for business licenses for everything from growing and distributing to selling cannabis, and chaos soon ensued.

More than 820 companies were denied licenses. Those companies asked an administrative hearing commission to look into the scoring system used to score candidates, claiming that it was flawed and unfair. Health and Senior Services (“DHSS”), which was tasked with overseeing the license application process, scored more than 1,700 candidates, ultimately awarding state licenses to 60 cultivators, 86 infused manufacturers, 11 testing facilities, 192 dispensaries and 22 transporters.

Consequently, Kings Garden Midwest, a California-based company that had sought and failed to acquire a cannabis cultivation license, filed a lawsuit against the state claiming that the scoring process used to grade applicants was “arbitrary and capricious.” Applicants would be awarded different points for the same or similar answers, and Kings Garden wanted to go over the information on other applications to see if the scoring was actually fair. The court agreed with Kings Garden, stating in a precedent-setting ruling that the information on application licenses could not be kept secret.

Since applications are ranked competitively against each other rather than solely on their own merits, the court wrote, comparing the information in these applications was the only way to find out if the Kings Garden’s application was scored in an “arbitrary or capricious manner.” According to the court, keeping this information from companies seeking to prove whether or not the scoring system was flawed is “unreasonable and absurd.” However, the DHSS, which outsourced the application scoring process to a private company, argued that the constitutional amendment that legalized medical marijuana in the state requires that such information remains confidential.

Lisa Cox, a DHSS spokesperson, says that the department is planning on appealing the ruling at the Supreme Court. Missouri’s licensing process has been upheld by numerous legal challenges, and Greg Wu, co-chair of cannabis law practice group Hardy & Bacon law states that the state will see quite a number of lawsuits regarding medical marijuana applications. Lyndall Frankel, the DHSS’ top cannabis regulator, says that the health department expects to spend at least $12.4 million fighting these suits.

The campaign to accord the cannabis industry equal treatment is likely to notch a win if the DHSS loses its planned appeal to the state Supreme Court. If that happens, the entire sector, including companies such as Chalice Brands Ltd., formerly Golden Leaf Holdings Ltd. (CSE: CHAL) (OTCQB: GLDFF), could regard that as just another step forward, and the push for an improved operational environment for the industry will continue.

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

About CNW420

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

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420 with CNW — Mississippi Supreme Court Nullifies Voter-Approved Medical Cannabis Ballot Measure

The Supreme Court in Mississippi has overturned an initiative passed by state voters to legalize medical cannabis. This ruling was made on Friday after a mayor challenged the legalization initiative in court.

While the complaint against the amendment didn’t raise any objections against the contents of the voter initiative, the plaintiffs took issue with the procedure under which the measure was certified by the state secretary of state.

In its ruling, the Supreme Court observed that it noticed that an overwhelming number of voters supported the proposed constitutional amendment. However, the court was left with no choice but to uphold the suit filed by the mayor of the city of Madison on the ground that statutory requirements were not adhered to before the measure was certified for inclusion on the 2020 ballot.

The petition was premised on a law that stipulated that for any initiative to qualify for inclusion on the ballot, it should be supported by Congressional district voter signatures, which are no more than one-fifth of all signatures required to get the measure certified. That particular law was passed at a time when Mississippi had five Congressional districts; however, currently, the state only has four such districts. In short, it is currently impossible to abide by that law if any initiative that seeks to amend the state constitution is to stand a chance of being certified.

State officials, including the secretary of state, strongly argued that the spirit of the law cited was to make sure that support for any constitutional amendment was spread out throughout the state, and that the support for initiative 65 met that requirement.

Nevertheless, the majority of the justices of the Supreme Court (six out of nine) ruled that their hands were tied as the law had to be followed when passing the amendment. They advised that while the Supreme Court couldn’t fix that procedural issue, the administration or the legislature had the power to assess the practicality of that law and then make the necessary changes.

Marijuana advocates expressed regret that the case ended the way it did, and the Medical Marijuana Association of Mississippi said it was sad that patients who had hoped to access medical cannabis soon would have to continue suffering since the will of voters had been thwarted.

Many other cannabis initiatives have suffered defeat before state Supreme Courts. For example, a proposed 2022 Florida initiative was annulled by the Supreme Court while a 2020 initiative in Nebraska was also voided by the highest court in the state before the November ballot.

These temporary setbacks in the legalization movement are unlikely to discourage sector players such as Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF) regarding the eventual possibility of federal cannabis policy reform.

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

About CNW420

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

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420 with CNW — Colorado Governor Enacts Bill Allowing Students Access to Medical Cannabis

Last week, Colorado Governor Jared Polis signed a bill to expand access to medical cannabis for students in schools. The state’s current law allows principals the discretion to establish policies that prevent or allow schools to administer and store marijuana-based medicines. Under the new legislation, this discretion is eliminated, which means that school boards will establish policies on how to store marijuana medicines while also allowing their personnel to volunteer to administer it to students who need it as well as possess it.

The governor’s office stated that Polis is also planning to sign another legislation that was recently advanced to his desk. This legislation would increase the recreational marijuana possession limit in Colorado from one ounce to two ounces.

Victoria Graham, who is the governor’s spokesperson, noted in an email that Polis intended to sign the legislation. Earlier, Polis stated that he was pleased to sign SB 21-056, which would allow marijuana to be treated in the same way prescribed medicines were treated. He added that the legislation would make it harder to discriminate against volunteers such as teachers and school nurses who had come forward to administer medical marijuana.

NORML state policies manager Carly Wolf stated that students who depend on medical marijuana shouldn’t be denied access simply because the marijuana needed to be administered in a school setting.

Cannabis advocates note that while this legislation is a step in the right direction, they look forward to the governor signing the bill to double the cannabis possession threshold for individuals aged 21 and above in the state. This legislation would also need courts to grant requests to seal previous records of marijuana possession if the proper documentation has been provided. This would eliminate the need to consult with a district attorney.

Wolf explained that passing this law would prompt law enforcement to direct their resources toward fighting other crimes instead of expending resources to arrest individuals for minor, nonviolent offenses. The law would also make sure that low-level offenders don’t have to pay fines they couldn’t afford.

This change in policy may significantly influence future pardons. In October 2020, the governor issued an executive order that gave clemency to nearly 3,000 individuals who had been convicted of possession. However, his office decided not to pardon individuals who had been convicted of possessing more than an ounce of marijuana because that amount was in violation of the present state law.

It is such progressive laws that give cannabis sector players such as Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF) hope that a time will come when the existing regulatory hurdles that make it challenging to operate in the cannabis space will be eased to enable the sector to grow even faster.

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

About CNW420

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

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CannabisNewsBreaks – Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF) Announces Participation in Upcoming Canaccord Genuity Virtual Conference

Golden Leaf Holdings (CSE: GLH) (OTCQB: GLDFF), operating as Chalice Brands and a premier, consumer-driven cannabis company specializing in retail, production, processing, wholesale, and distribution, will be participating in Canaccord Genuity’s 2021 Virtual Cannabis Conference. The one-day conference is scheduled for today, May 11, 2021. GLDFF CEO and president Jeff Yapp, along with executive chairman John Varghese will present during the conference; their live presentation will begin at 3:30 p.m EDT. Canaccord Genuity’s annual global cannabis conference is an investor-focused event designed to create a premier opportunity for global leading players in the cannabis industry to gather together and connect.

To register for the event, visit https://cnw.fm/Hyn8a

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

About Golden Leaf Holdings Ltd.

Golden Leaf Holdings is a premiere, consumer-driven cannabis company specializing in production, processing, wholesale, distribution and retail, with seven dispensaries in Portland, Oregon. The company is committed to developing a dynamic portfolio built around the recognized brands of Chalice Farms, with a focus on health and wellness. Markets served include Oregon, California, Nevada and Washington. For more information about this company, visit www.GoldenLeafHoldings.com.

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

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 – Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF) Featured on BNN Bloomberg’s Market Call

Golden Leaf Holdings (CSE: GLH) (OTCQB: GLDFF), operating as Chalice Brands, a premier, consumer-driven cannabis company specializing in retail, production, processing, wholesale and distribution, was featured on Market Call, a weekday program broadcast by BNN Bloomberg where top fund managers and market analysts give their thoughts and top picks. Bruce Campbell, president at StoneCastle Investment Management, fielded questions from a caller in Windsor, Ontario, to give his thoughts on Golden Leaf Holdings. “They’ve had some sort of past issues in the fact that that market is very tough,” Campbell explained, addressing an unlimited number of licenses, a dropping price of cannabis and a previous management team that he indicates wasn’t very diligent in terms of spending.  “The new management team that’s taken over are good operators,” Campbell said, explaining that, given a couple of good quarters showing progress in the right direction and cash generation, he believes the stock price will start to move.

To view the broadcast visit, https://cnw.fm/ZrPO5

About Golden Leaf Holdings Ltd.

Golden Leaf Holdings is a premiere consumer-driven cannabis company specializing in production, processing, wholesale, distribution and retail, with seven dispensaries in Portland, Oregon. The company is committed to developing a dynamic portfolio built around the recognized brands of Chalice Farms, with a focus on health and wellness. GLH operates nationally through Fifth and Root and has operations in Oregon and California. Visitwww.GLHMonthly.com for regular updates.

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

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 — How the Cannabis Industry Can Be More Sustainable

A casual look at the cannabis industry will reveal that the sector uses a lot of energy in grow rooms — so is the industry doomed to continue operating in ways that aren’t sustainable? Not at all — several ways are available to “green up” this sector as discussed below.

Switch to sustainable agricultural practices

One sustainable practice is installing a recirculation system for the water used in grow rooms. Such a system would not only capture but also treat any water that would have otherwise been lost as plants are irrigated. Lightshade, a Colorado-based integrated cannabis company, is already doing this, and company officials report they have trimmed their annual water requirement by 1.2 million gallons.

Switching to LED lighting or using a combination of sunlight and HPS lighting can reduce the energy bill significantly as Lost Coast, another Colorado-based marijuana company, will attest.

Cutting back on the use of pesticides and other synthetic agrochemicals will also protect waterways and land from the adverse effects of those chemicals. Growing cannabis organically through enriching soil health reduces cultivation costs while yielding superior products.

Opt for eco-friendly packaging

Each jurisdiction has its own cannabis rules that require the use of RFID tags, security bags and other such packaging restrictions. However, the rules aren’t an excuse to do things in a nonsustainable way, and cannabis companies can opt for sustainable packaging. This includes hemp plastics, glass containers or recycled plastic products.

Why not ask customers to return empty containers once they have used up the cannabis they bought? This will allow those containers to be reused rather than finding their way into landfills. Returning used containers to retailers provides a way for companies to ensure that materials that are recyclable are sent to the appropriate recycling facilities.

Look into sourcing alternative materials

Instead of cannabis users buying isopropyl alcohol to clean bowls and glass pipes, why not switch to a device that covers a pipe’s mouthpiece, thereby filtering out any germs that would have been transmitted to different users indulging as a group?

Moose Labs made such a device, dubbed MouthPeace, long before the pandemic was here, and vendors can be engaged in developing other such alternatives that reduce the carbon footprint of cannabis manufacturing or consumption.

As consumers become increasingly aware of the need to buy cannabis products that are sustainably grown, processed and packaged, going green will yield an even bigger financial dividend for operators who adopt these practices.

A number of companies, including the Chalice brands of Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF), have embraced organic cannabis cultivation, which shows that there is already movement towards sustainability in the industry.

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

About CNW420

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

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

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CannabisNewsBreaks – Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF) in Key Leadership Position in Promising Oregon Cannabis Market

Golden Leaf Holdings (CSE: GLH) (OTCQB: GLDFF), a premier, consumer-driven cannabis company specializing in retail, production, processing, wholesale, and distribution, is featured in a recent article titled, “How Oregon’s Cannabis Industry Is Getting Back ‘In the Green.’” The article notes that, since cannabis has been legal in Oregon for some time, shoppers are becoming more comfortable stopping by a dispensary, much like they do a liquor store, and cannabis sales have jumped 40% in the past year to more than $1 billion. The article also reported that both supply and demand have risen significantly, with production up 78% since 2019 and sales up by 150%. As a result, the state cannabis regulatory agency could issue up to 100 more producer licenses this month. In this promising setting, Golden Leaf is developing a dynamic portfolio built around the recognized brands of Chalice Farms, with a focus on health and wellness.  “Further cementing its status as a leader in the Oregon market, [Golden Leaf] just signed a non-binding letter of intent to acquire a multistore chain,” the article stated. “It is expected that these stores would generate at least $10 million (USD) in annual run rate revenue (based on unaudited January 2021 results) and had a net operating margin of 11% (unaudited) during fiscal 2020. In a February 2021 media release detailing this news for investors, GLH’s Chief Executive Officer, Jeff Yapp called the acquisition of this retail chain a ‘transformational’ deal for the Company. . . . As the market grows, so too does opportunity for cultivators, as the OLCC noted that some growers, like GLH are targeting retailers’ top shelves to sell their product with the aim of raking in more cash. Golden Leaf plans to advance this plan through the aid of its recently proposed non-brokered private placement of up to 169,230,770 units priced at $0.065 (CAD) per Unit for aggregate gross proceeds of up to $11 million (CAD). The proceeds of the offering will be used by the company for strategic retail license acquisitions. When news of this financing broke, it helped build upon the recent momentum the stock has seen since late January when the Company closed its $3.4 million (CAD) financing.”

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

About Golden Leaf Holdings Ltd.

Golden Leaf Holdings is a premiere, consumer-driven cannabis company specializing in production, processing, wholesale, distribution and retail, with seven dispensaries in Portland, Oregon. The company is committed to developing a dynamic portfolio built around the recognized brands of Chalice Farms, with a focus on health and wellness. Markets served include Oregon, California, Nevada and Washington. For more information about this company, visit www.GoldenLeafHoldings.com.

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

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 — How Various Organizations, Brands Celebrated 4/20

Advocates of marijuana reform as well as enthusiasts celebrated 4/20 in various ways this past Tuesday in different states across the country. Musicians such as the Flaming Lips and Wiz Khalifa also took to their platforms to celebrate this marijuana enthusiasts’ day.

For those who may not be familiar with this date, April 20 of each year is an unofficial cannabis holiday.

During the 2020 November elections and even earlier this year, even more states legalized cannabis in the country, which brought the total to 16.

Many speculate that leaders in Congress may soon introduce laws that end federal prohibition. Marijuana reform has grown popular with findings from a national poll that was conducted recently showing that 69% of Americans do not oppose legalization; rather they would prfer to welcome it.

Let’s look at some of the brands that celebrated 4/20 last week:

Weedmaps

This tech company hosted a 4/20 livestream event, which featured musical performances from artists such as A$AP Rocky and Snoop Dogg.

Lagunitas Brewing Co.

This beer company introduced a new ale to the market as a way to celebrate a group of teens from California who begun the 4/20 craze in the ‘70s. The group was dubbed the Waldos.

discovery+

This TV station announced its plans to launch a cannabis-themed version of Chopped, the cooking competition show.

BarkBox

This treat and dog-toy business promoted some of its dog goodies, which were 4/20 themed and an idea gift for people could get for their furry friends.

Nuggs

In honor of this holiday, the alternative-meat company offered a $420 giveaway to some of its Instagram account followers. The winners, which were randomly selected, were notified through their DMs.

Ben & Jerry’s

This popular ice cream company used its platform on 4/20 to promote federal cannabis reform, in addition to using vans and digital billboards to promote and advertise the MORE Act (Marijuana Opportunity, Reinvestment and Expungement Act).

Jimmy John’s

This sandwich company streamed a live “wake and bake” session on its Instagram account and gave enthusiasts the chance to win limited-edition merchandise.

In addition to these brands, a few organizations also celebrated the stoner holiday. These include:

The National Highway Traffic Safety Administration

This agency urged individuals to not drive while impaired through a tweet that used the hashtag #420.

The USDA

The Department of Agriculture took the opportunity to educate hemp cultivators on crop insurance.

DCMJ

This organization planned an event where members gave away free cannabis at coronavirus vaccination centers in different parts of the nation’s capital.

While lots of cannabis companies such as Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF) face plenty of challenges, particularly with regard to the lack of congruence between federal marijuana laws and those at state level, the 4/20 unofficial holiday offers an opportunity to reflect on the strides made regarding cannabis policy reform, as well as taking stock of what more needs to be done.

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

About CNW420

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

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CannabisNewsWire420
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303.498.7722 Office
Editor@CannabisNewsWire.com

CNW420 is part of the InvestorBrandNetwork.