CannabisNewsBreaks – Pac Roots Cannabis Corp. (CSE: PACR) Conducting Non-Brokered Private Placement

Pac Roots Cannabis (CSE: PACR), a Canadian cannabis company dedicated to producing premium-quality strains and products by leveraging a genetics-focused approach, has announced a private placement of units, the proceeds of which are intended to be used for upcoming projects and general working capital. According to the announcement, released by Pac Roots CEO Patrick Elliott, the placement of units will be at a price of C$0.25 per unit for gross proceeds totaling up to $2 million, subject to an overallotment option. The offering is up to 8 million units, with each unit consisting of one share and one warrant exercisable at C$0.40 per share for 24 months from issue date. The announcement also stipulated that the issued units will be subject to a four-month hold period.

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

About Pac Roots Cannabis Corp. 

Pac Roots is focused on delivering the finest genetics to Canadians. Preserving the excellence of its elite strains while introducing the highest quality of new strains to the public is the company’s passion. Genetic variation and stability form the foundation that drives the decision making for Pac Roots Cannabis Corp.’s business. For more information about the company, visit www.PacRoots.ca.

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

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 – Pac Roots Cannabis Corp. (CSE: PACR) Announces Healthy Crop, Bullish Production Outlook for 100-Acre Hemp JV

Pac Roots Cannabis Corp. (CSE: PACR), a Canadian cannabis company dedicated to producing premium-quality strains and products by leveraging a genetics-focused approach, today provided an update on the 100-acre commercial hemp operation in British Columbia. After receipt of the hemp cultivation license from Health Canada on May 22, 2020, the Pac Roots and Rock Creek Farms 100-acre premium-hemp joint venture (“JV”) commenced. According to the update, the operations team spent several weeks working the fields and installing irrigation systems before beginning planting in mid June. There are currently approximately 130,000 premium-hemp CBD plants in the ground across two 50-acre parcels. “It has been a busy four months since listing on the CSE in early May 2020. We are proud to have a healthy crop and remain bullish on delivering a premium, high-yielding product to our customer,” said Pac Roots CEO Patrick Elliott in the press release. “In early 2020, we had a goal of becoming a revenue generator in 2020 as market appetite was evolving towards a cash flow scenario and realizing on projected forecasts as paramount to survival in this industry.”

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

About Pac Roots Cannabis Corp.

Pac Roots is focused on delivering the finest genetics to Canadians. Preserving the excellence of its elite strains while introducing the highest quality of new strains to the public is the company’s passion. Genetic variation and stability form the foundation that drives the decision making for Pac Roots Cannabis Corp.’s business. For more information about the company, visit www.PacRoots.ca.

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

About HempWire

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

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420 with CNW – Medical Marijuana: A Remedy for Chronic Pain

If you struggle with chronic pain, then medical marijuana might just be what you need. As compared to prescription medications for pain, medical marijuana is a much safer option with significantly lower risks.

Below are ways in which medical marijuana can aid in easing your pain.

Helps with Migraines

Approximately, 12% of the American population suffers from migraines regularly, taking into account both adults and children. Migraines as compared to headaches are extremely painful and more intense.

The use of medical marijuana as a treatment option for migraines was established by researchers in 2016. The Pharmacotherapy journal published its research on the utilization of medical marijuana by chronic migraine patients. The study established that medical marijuana could be used to decrease the frequency of migraines while also being used to manage the migraine pain as well. Additionally, it had the potential to be utilized preventively.

Relieves Joint Pain

People living with arthritis know that joint pain can make everyday a painful experience to go through, which diminishes one’s quality of life. To manage the pain, many are advised to make changes to their lifestyles such as incorporating exercises and losing weight. Although these practices are effective, they require time in order to establish routine.

Medical marijuana gives instant joint pain relief, which may provide the affected individuals with a reprieve from the daily pain, thus allowing them to comfortably implement the changes needed in order to better their condition in the long term.

Helps Manage Neuropathy

Peripheral neuropathy is generally linked to diabetes. It refers to damage caused to the nerves outside one’s brain and spinal cord. It usually affects most areas of one’s body but mainly the hands and feet. It often causes weakness and numbness as well as pain in these areas.

It may occur as a result of a harrowing injury as well as recurrent use which causes damage to nerves over a period of time. Neuropathy is usually managed using pain relievers, which include opioids and over-the-counter options.

The Journal of Pain Research published a research study in 2017 that established the relationship between decreased neuropathic pain and vaporized cannabis. In addition to this, the researchers were also able to observe and document the change in pain relief, on the basis of the cannabis dosage that was used.

Reduces Inflammation

Inflammation in the body causes pain, mostly dependent on the area affected. To the increase comfort of individuals who are trying to manage chronic pain, doctors and caregivers try to reduce inflammation.

Despite over-the-counter nonsteroidal anti-inflammatory drugs effectively decreasing inflammation, long-term use causes stomach irritation as well as an increased probability of getting ulcers.

Future Medicinal Chemistry published a study review in 2010 that examined how marijuana could be used as an anti-inflammatory drug. In line with this research, it was established that cannabis interacted with the endocannabinoid system to create an anti-inflammatory reaction in the body.

Significantly Reduces Risk of Addiction

A major problem with using narcotics to treat chronic pain is that many individuals develop a tolerance to the drugs. So to keep managing the pain, dosages and medications are changed. This may result in addiction or dependence because of the regular use of opioids to provide pain relief.

However, emerging research shows that using cannabis may help treat an opioid addiction. Besides being used as medication for pain relief, medical marijuana may also help prevent individuals from using opioid pain relievers.

Furthermore, medical marijuana can also be used to reduce the likelihood of a relapse in individuals who are being given treatment for an opioid use disorder.

Experts say the diverse uses of medical marijuana to manage pain provide credence to what industry actors like Pac Roots Cannabis Corp. (CSE: PACR) say about the huge list of potential benefits of marijuana.

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 – Growing Tips Every Cannabis Grower Should Know

With medical marijuana now legal in 33 states and recreational marijuana is making inroads into the law books of more than a dozen states, the following tips might come in handy, whether you grow cannabis for personal use or for a dispensary.

Please note that growing marijuana is actually not that easy. It takes a lot of commitment, effort and of course, resources.

  1. Grow your weed indoors

Growing your buds indoors allows you more control of the atmosphere as well as the whole growth operation. It’s also more hygienic indoors, making it ideal for growing cannabis.

The best thing about this is, you can use grow boxes, there’s no need for a greenhouse. That is unless of course, you are running a large scale operation.

This does not mean you can’t grow your weed outside, just that the results may not be what you expect.

  1. You’ll need lots of lighting

If you opt to grow your cannabis indoors, then you’ll need light. Marijuana planted outside receives light from the sun, so you’ll have to compensate with artificial lighting, lots of it.

Therefore, purchase high-quality lights, reflectors, hoods and ballast is mandatory.  Try to change the bulbs no less than two times in a year. Second grade bulbs are just like the ordinary light bulbs, so only buy the high quality ones.

  • Go for the best strains

Good genetics grant good weed. Find and choose an excellent marijuana strain from the many options available.

You can look for good weed strains from the internet. There are many online seed sellers who can provide strains of high-quality. Additionally, you can use the Cannaconnection strain finder to get a good strain.

Keep in mind to purchase your strain a credible supplier for the best.

  1. Have Strict Bedtimes

For most marijuana strains, the growth cycle is about eight weeks. To help them reach their growth potential, you can implement consistent “night” and “day” times. Equal parts twelve hours of light and twelve hours of darkness every day is sufficient.

Maintaining this routine for the entire cycle will aid in healthy cannabis growth. As a beginner, you may not get as rich a yield as what is obtained by established companies like Pac Roots Cannabis Corp. (CSE: PACR), but you will certainly get better as long as you remain willing to learn.

  1. Go step by step

In each stage of the cannabis growth cycle, there are different needs. During the first stage, a lot of nitrogen is needed for the plant to bloom and grow. In the last stages, almost no nitrogen is required. Giving it a lot of nitrogen during this stage will results in a nasty metallic taste of the strain.

So, you should be careful to only provide your plants with what is needed in each stage of the growth cycle.

Additionally, stick to nutrients that are not premixed. You can purchase various base element nutrients and blend them yourself. This ensures you give your plants precisely what they need.

  1. The quality of water matters

For the best results, install a filtration or reverse osmosis system. This will prevent dissolved solids such as chlorine and fluoride from affecting your plants.

Note: Be sure to frequently change your filters for the best water quality.

At the end of the day though, the care and attention you give your plants is what will influence the quality of your strain. Will they be healthy or will they be dull? You decide.

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 – Vote on Marijuana Legalization Measures in Montana Scheduled for November

On Thursday, the secretary of state of Montana reported that marijuana advocates had gathered enough signatures, hence qualifying two legalization measures for the November ballot.

In one of the initiatives mentioned, a legal change is cited that would form a structure for adults to access cannabis legally. In addition to this, a different constitutional change will make certain that only individuals who are at least 21 years or older could engage in this market. If voters accept this statutory measure, it will make it legal to cultivate a maximum of four seedlings and four mature plants in one’s home as well as have in your possession approximately one ounce of cannabis.

Issuance of business licenses would begin on January 1 in 2022 with medical cannabis companies that already exist being among the first to penetrate the market. The legal industry would be overseen and regulated by the Montana Department of Revenue which would also be in charge of issuing the licenses.

It is also noted that tax rate on medical cannabis goods would be decreased to 1% from 2% while a 20% sales tax would be imposed on recreational marijuana. The revenue collected from sales made legally would be directed to water, wildlife and land conservation programs. It is estimated that by the fiscal year of 2025, the legal cannabis market will produce approximately $38,500,000 in taxes.

Research conducted also showed that most of the voters in Montana have no qualms with legalization and with the chance for voters to pass the law, this would lead to the formation of new jobs and the generation of more revenue for the state of Montana.

Additionally, in the amendment it was stated that the state constitution would be modified to read that individuals of 18 years and older are adults by law but the initiative may increase the legal age for consuming, purchasing or possessing marijuana and alcoholic beverages. The vote looks promising from previous legalizations of medical cannabis in the year 2004 and a following expansion measure in the year 2016 of the same.

Petitions for the cannabis measures were proposed in June and on Thursday, the state secretary officially stated that both initiatives have been certified to be on this year’s General Election Ballot scheduled for November.

In conclusion, Montana voters have the chance to pass a policy that legalizes recreational marijuana use which will generate revenue, allow the police to focus on other crimes as well as create jobs. Analysts say Pac Roots Cannabis Corp. (CSE: PACR) will be hoping that Montanans get accurate information upon which they will vote appropriately.

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 – The Evolution and Importance of Cannabis Genetics

Today’s cannabis market is experiencing significant growth in and demand for product diversity. At the same time, producers want reliable and stable plant varieties to ensure their products provide consistent quality. Advancements in breeding programs, artificial selection, genetics optimization and data analytics are helping cannabis producers meet both needs.

Innovative new techniques are making it possible to achieve diversity and consistency. Producers are now able to engineer and cultivate a base product that is perfectly aligned with the specific goals and objectives of cannabis organizations throughout the industry.

Breeding programs begin with the development of a product profile. Several desired characteristics are identified and translated into goals for the final product. Next, generations are advanced and pedigrees with genetic variation are created.

In essence, breeding goals define what characteristics products should include and genetic variation defines how the organization will achieve those characteristics. It is then the breeder’s job to prepare and cultivate plant populations with the appropriate genetic makeup to produce the desired varieties.

Although artificial selection has been a common practice in farming for hundreds of years, there has been relatively little attention paid to genetic variety in the cannabis industry. That is rapidly changing. Today, artificial selection and marker-assisted breeding have enabled producers to customize and optimize the size, smell, color, texture and density of their crops.

The expansion of the medical cannabis market has highlighted the importance of artificial selection. Specific medicinal needs require particular strains of cannabis that produce a variety of outcomes. Artificial selection is making this increasingly possible.

The evolving diversity of cannabis strains is essentially creating a new field within the cannabis industry. Licensed cultivators and researchers are working with product designers to optimize and sometimes clone strains to satisfy requirements of unique use-cases.

There is a wealth of data being generated during this plant breeding process. Software solutions are assisting companies and universities by generating better yields, outcomes and plant resilience. Throughout each stage of the breeding process, from crossing to selections and evaluations, these platforms now provide cultivators and researchers the ability to track and trace data and to achieve specific breeding goals in a more efficient manner.

Breeders and variety testers can now leverage these solutions to load current and historical data, analyze data to uncover insightful trends and patterns, establish and design new breeding trials and fields, and transfer data from the field to the system using mobile applications.

One company taking advantage of these advancements is Pac Roots Cannabis Corp. (CSE: PACR), a cannabis producer committed to delivering the highest quality products by leveraging high-end selectively bred genetics.

The British Columbia cannabis company has partnered with experts at Phenome One, the provider of an intuitive software platform that makes sense of breeding data to help customers like Pac Roots manage their business more effectively. The partnership gives Pac Roots access to the Phenome One database, which houses more than 350 unique cannabis strains that have been carefully field-tested and artificially selected during a research period spanning more than 30 years.

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 – Planned Study Could Provide Desperately Needed Cannabis Data

As the coronavirus pandemic rages on amid a severe economic crisis, the cannabis industry remains relatively strong. The controversial plant has grown immensely popular over the past few years, especially after researchers started looking into its purported medical abilities. Users say cannabis can be effective against a variety of ailments ranging from chronic pain and anxiety to fighting cancer and regulating and preventing diabetes, but only a few of these claims are backed by hard data. At the moment, it is nearly impossible for American researchers to study cannabis as it is still classified as a Schedule 1 substance.

Canada, on the other hand, has legalized both medical and recreational cannabis and researchers are free to study the effect of cannabis on human illness. In a bid to collect more hard data on cannabis, the University Health Network (“UHN”) in Canada is embarking on a six-month study to see whether there is any truth behind the claims that cannabis can help patients. Dubbed ‘The Medical Cannabis Real World Evidence Study,’ it is looking to enroll at least 2,000 people who have been prescribed medical marijuana to treat certain conditions including chronic pain, sleep anxiety, and depression.

Researchers will use a portal run by Canadian pharmacy retailer Shoppers Drug Mart which contains detailed and accurate information on the medical cannabis products it sells including oils, extracts, dried flower, topical preparations, and edibles. Participants will be required to select cannabis products from the portal and report on their effectiveness in treating their ailments. The nationwide study is the very first of its kind, and it will be led by UHN’s Dr. Hance Clarke, Director of Pain Services at Toronto General Hospital.

UHN will partner with a number of cannabis sellers to see how specific products affect certain ailments. Radient Technologies, a high-quality cannabinoid-based formulation, and products manufacturer will provide three oral spray formulations for the study participants.

“Radient strongly believes that consistency, safety, and standardization are key elements for all medical products, and are excited to partner with UHN, Shoppers, and TruTrace on this groundbreaking study,” says Radient Technologies CEO Denis Taschuk. “Providing patients and medical professionals with trusted products that deliver repeatable results is a crucial step in having cannabis incorporated into medical treatments and is at the heart of Radient products.”

“Shoppers is creating a standard for medical cannabis, which along with the data from these clinical trials, will increase the confidence of both doctors and patients in using cannabis for medical purposes,” the CEO added.

Industry watchers say sector players like Pac Roots Cannabis Corp. (CSE: PACR) will be eager to learn what data comes out of this first of a kind study.

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 – 2021 Looks Promising for Pot Stocks

Had the coronavirus pandemic not struck, 2020 would have been a good year for cannabis. Several states were planning on legalizing cannabis either through a ballot or inclusion in the budget, but a lot of these plans have been put on the backburner. However, despite the ongoing health and economic crisis, cannabis stocks have fared relatively well. There was an initial dip in the industry’s value when the coronavirus struck but after a month or two, states were reporting record breaking cannabis sales. As we begin the last half of the year, investors are gearing up for 2021, which they believe will be even better for cannabis stocks.

Cannabis has seen months of bullish stock trading and many cannabis stocks continue to shoot up by double or even triple digits. Such massive growth is unsustainable over the long term but investors believe cannabis will continue to grow at a more reasonable pace, especially in 2021. The year has been tough, without a doubt, and as we head to the general elections in November, the U.S. faces the biggest health and economic crisis it has seen in quite a while, with most of the country gripped by anti-police brutality protests. So how will cannabis fare in such a grim looking future?

Election Day may just be the most important day in cannabis history. This year, lawmakers have filed a number of bills to federally legalize cannabis, and their passage will depend on who assumes office in November. Although presumptive Democratic presidential candidate Joe Biden doesn’t support broader marijuana legalization, he does support decriminalizing cannabis, expunging the records of individuals with prior possession convictions and letting states set their own policies.

In July, a Democratic Senator said that if his party reclaims the Senate and White House in November, lawmakers will “move very quickly” to legalize marijuana regardless of Biden’s opinion on the matter. “From my perspective, this is another issue that’s right there on the ballot in November. We’ll move very quickly in January to change these laws to make sure that there are national protections put in place,” Sen. Ed Markey told the Young Turks podcast.

Several states also have plans to legalize marijuana either in the November ballot or next year. The U.S. cannabis industry was estimated to be worth $13.6 billion in 2019 with 340,000 jobs devoted to the handling of the infamous plant. As of March 2020, 33 states had legalized medical marijuana while 14 had allowed marijuana for adult recreational use. States like New Jersey, Arizona, Mississippi and South Dakota are likely to legalize cannabis later this year, and the resultant state legal industries will only benefit pot stocks. Cannabis has shown that it can consistently bring in millions’ worth of dollars in taxes even in the midst of a global health and economic crisis, and states will without a doubt want a piece of the cake.

This promising future may be exactly what is keeping entities like Pac Roots Cannabis Corp. (CSE: PACR) investing more in their operations in a bid to serve their current and future clients better.

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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