A group of senators from the Democratic Party is urging a significant committee to ensure small cannabis entities have equitable access to federal Small Business Administration (SBA) lending programs and development resources available to other industries.

In an April letter to the leaders of the Appropriations subcommittee, the senators urged that the FY 2025 FSGG spending measure include provisions to stop the SBA from rejecting loan applications from small cannabis entities operating legally in states that have approved marijuana use and sales.

Senator Jacky Rosen led the letter, asking the subcommittee leaders to add clauses to the spending bill that would prevent the SBA from excluding state-legal marijuana businesses from its entrepreneurial development initiatives. Other senators who signed the letter alongside Rosen include Cory Booker, Jeff Merkley, Ron Wyden, Tammy Duckworth, Martin Heinrich, John Hickenlooper, Ed Markey, Michael Bennett and Alex Padilla.

The senators highlighted the change in public attitude toward cannabis reform, pointing out that markets which bring in billions of dollars in tax revenue had resulted from the legalization of cannabis in the majority of states. The senators also noted that most banks are hesitant to work with legal marijuana entities because of federal law conflicts, compelling these businesses to operate mainly with cash. This situation poses public safety risks. The lawmakers argued that SBA loan initiatives could bridge the gap left by private-sector reluctance, providing vital capital for entrepreneurs, including women, minorities and veterans.

This marks at least the third instance where Rosen has led a similar request to the Appropriations subcommittee, but the proposed language has not yet been included in any spending measure.

Senate leadership has been discussing a bipartisan measure to safeguard financial institutions working with legal marijuana entities. However, the progress of this bill remains uncertain, particularly due to resistance from key Republican members such as Mitch McConnell, the Senate minority leader.

Rosen has previously expressed a desire to amend the SAFER Banking Act to allow marijuana businesses to access SBA programs. Additionally, she has advocated for the inclusion of language in a newly introduced federal cannabis legalization measure that proposes an SBA pilot initiative. The initiative would provide intermediary lending, offering direct loans to qualified intermediaries, who would then lend to startups and businesses owned by those affected by the drug war and those from economically and socially disadvantaged backgrounds.

In a news release regarding the letter and the other efforts she recently spearheaded, Rosen stressed the value of small entities to Nevada’s economy. She emphasized her resolve to slash bureaucratic obstacles to facilitate such businesses’ access to financing and assist them obtain the federal support they require for expansion and prosperity.

Industry actors such as Software Effective Solutions Corp. (d/b/a MedCana) (OTC: SFWJ) would be glad to see that legitimate marijuana companies which need SBA services can access them just as businesses in other industries can.

NOTE TO INVESTORS: The latest news and updates relating to Software Effective Solutions Corp. (d/b/a MedCana) (OTC: SFWJ) are available in the company’s newsroom at https://cnw.fm/SFWJ

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of an article each business day at 4:20 p.m. Eastern – a tribute to the time synonymous with cannabis culture. The 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. 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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• Company calls rescheduling a “monumental decision” that signifies a significant shift in U.S. drug policy
• MedCana CEO notes rescheduling “opens the door to further research, innovation and accessibility, signaling a new era of acceptance and understanding”
• SFWJ remains committed to advancing the dialogue around cannabis policy and supporting initiatives that promote responsible access and use

Software Effective Solutions (d/b/a MedCana) (OTC: SFWJ) has noted a “historic milestone” as the U.S. Drug Enforcement Administration (“DEA”) moves to reclassify cannabis from Schedule I to Schedule III under the Controlled Substances Act (https://cnw.fm/yNude). The company released an announcement from CEO Jose Gabriel Diaz and observed that the “monumental decision,” based on recommendations from the U.S. Department of Health and Human Services, signifies a significant shift in U.S. drug policy.

“The DEA’s decision to reclassify cannabis is a watershed moment in our nation’s drug policy,” said Diaz. “It opens the door to further research, innovation and accessibility, signaling a new era of acceptance and understanding. MedCana is proud to be part of an industry that advocates for sensible cannabis regulation and equitable access to this vital medicine.”

MedCana joined many companies in responding to the proposed reclassification. “Many applauded the move to Schedule III from Schedule I, which the Associated Press first reported and was later confirmed by a Department of Justice spokesperson in a statement to Cannabis Business Times,” reported the Cannabis Business Times (https://cnw.fm/wW1WX). “Executives from plant-touching companies noted its significance as a historic step toward federal cannabis reform, destigmatization, fairer tax policies for businesses and more research into cannabis’s medical benefits.

“However, many also tempered the celebratory tone and said that there was much more work to be done,” the article continued. “Leaders from industry nonprofit organizations and some lawmakers emphasized their call for the federal government to deschedule cannabis altogether, something they urged after news circulated that the U.S. Department of Health and Human Services (‘HHS’) recommended that the DEA reschedule cannabis in August 2023.”

While there may be work left to do, the initial rescheduling is certainly noteworthy. The announcement from MedCana noted that cannabis has been unjustly categorized as a Schedule I substance alongside heroin and LSD for more than four decades. This was despite the fact that the substance has recognized medical benefits and low potential for abuse. The DEA’s move to reschedule cannabis — a move that will now undergo a period of public comment — is a clear indication of its therapeutic value and aligns with evolving attitudes toward cannabis policy.

In its announcement, MedCana stated that it remains committed to advancing the dialogue around cannabis policy and supporting initiatives that promote responsible use and access to quality cannabis products.

Operating under Software Effective Solutions Corp., MedCana is a pioneer in the integration of technology and agriculture, focusing on the cannabis market and emerging technologies in agriculture. With a vision to revolutionize the industry through innovation, MedCana is dedicated to acquiring and partnering with companies that align with its mission of promoting sustainable and technologically advanced agricultural practices.

For more information, visit the company’s website at www.MedCana.net.

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

About CannabisNewsWire

CannabisNewsWire (“CNW”) is a specialized communications platform with a focus on cannabis news and the cannabis sector. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled recognition and brand awareness. CNW is where breaking news, insightful content and actionable information converge.

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Leading cannabis companies are urging a federal court to permit the public to attend a hearing virtually in a lawsuit where the companies are requesting protection for in-state marijuana activities from federal interference. The U.S. Department of Justice has stated it holds “no stance” on this request.

The hearing will take place before the United States District Court for the Western Division of the District of Massachusetts. The plaintiffs’ attorneys highlighted in a motion that the disagreement raises issues of public interest. They reported receiving a lot of requests from the media to watch the hearing online, as most can’t be present in person.

Further, they argue that permitting remote access to the hearing will not prejudice any parties involved. They suggest that access by phone or video conference would be adequate. They also mentioned that they consulted with the defendant’s counsel, who confirmed that the defendant has no stance on the motion.

The lawsuit, titled Canna Provisions vs. Garland, is spearheaded by Verano Holdings Corp., a multistate cannabis operator, alongside Massachusetts-based marijuana companies Wiseacre Farm and Canna Provisions as well as Gyasi Sellers, the CEO of Treevit.

Leading the lawsuit is David Boies, who has previously represented clients such as former vice president Al Gore, the DOJ and plaintiffs in the lawsuit that resulted in the repeal of California’s same-sex marriage statute.

In their lawsuit, the companies argue that the federal prohibition of cannabis lacks justification, especially given the widespread legalization of cannabis in states and the federal government’s generally noninterventionist stance on the matter.

Last month, the plaintiffs requested oral arguments, a request granted by Judge Mark G. Mastroianni, an appointee of President Barak Obama. In response, the DOJ maintained its neutral position.

Central to the case is whether in-state marijuana activity impacts interstate commerce. The federal government contends that marijuana legalization draws tourists from other states, thereby affecting interstate commerce. In a recent filing, the DOJ contended that it makes sense to conclude that Massachusetts’s legal cannabis market stimulates marijuana tourism, a distinct type of cannabis-related interstate commerce.

The DOJ’s brief referenced a Supreme Court decision from decades ago, affirming Congress’s jurisdiction to regulate establishments attracting out-of-state tourists, even if the transactions occur entirely within the state. Conversely, the plaintiffs argue that the Commerce Clause of the Constitution should not allow the DOJ to interfere in activities legal within state borders, as the state itself regulates these.

The recent motion follows an announcement by President Joseph Biden that his administration is formally reclassifying cannabis. A proposal to place marijuana in Schedule III is set to be published in the Federal Register soon.

The planned regulation change was approved by Attorney General Merrick Garland, one of the main defendants in this case. However, rescheduling marijuana would not equate to federal legalization, and it appears unlikely that this rulemaking will impact the DOJ’s stance in the ongoing court case.

Cannabis industry actors such as Software Effective Solutions Corp. (d/b/a MedCana) (OTC: SFWJ) await the completion of the rulemaking process so that they can map out their future plans accordingly.

NOTE TO INVESTORS: The latest news and updates relating to Software Effective Solutions Corp. (d/b/a MedCana) (OTC: SFWJ) are available in the company’s newsroom at https://cnw.fm/SFWJ

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of an article each business day at 4:20 p.m. Eastern – a tribute to the time synonymous with cannabis culture. The 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. 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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• MedCana subsidiary is expanding reach both domestically and internationally
• Company is strengthening support, sales operations through international partnerships
• Eko2o is at the forefront of providing innovative agricultural technology and infrastructure solutions

Eko2o S.A.S., a subsidiary of Software Effective Solutions (d/b/a MedCana) (OTC: SFWJ), is experiencing significant growth and success, as evidenced by recent news that it has become a key infrastructure supplier for some of Colombia’s largest flower producers (https://cnw.fm/PI8yO). In addition, Eko2o is strengthening its support and sales operations through international partnerships and collaborations, including with Danziger International.

“Our solutions stand out in the market, and we are delighted to witness our company’s growth as we expand our reach both domestically and internationally,” said Eko2o CEO Juan Ricardo Velez. In the announcement, the company noted that it has solidified its reputation as a leading provider of greenhouse infrastructure and agricultural technology.

Earlier this year, the company entered into a “pivotal” agreement with Danziger Colombia (https://cnw.fm/YxwtB). The agreement is projected to generate between $2.5 million and $3 million in revenue over the next three years and represents the commitment both organizations have to innovative agricultural practices. The agreement noted that Eko2o would provide greenhouse infrastructure services, irrigation products and technology and other technologies related to Danziger’s flower operations in Colombia.

That initial agreement led to Eko2o’s expanding collaboration with Danziger International, marking a significant step in Eko2o’s strategy to increase its global footprint, leveraging its expertise to support one of the flower industry’s most respected names. “This collaboration is expected to boost Eko2o’s visibility on the international stage and foster new opportunities in global markets,” the company noted in the announcement.

Eko2o’s commitment to excellence and innovation continues to attract the attention of major industry players, contributing to Colombia’s reputation as a leader in floriculture and agricultural technology. The company is at the forefront of providing innovative agricultural technology and infrastructure solutions. As a leading provider in Colombia, Eko2o is dedicated to enhancing agricultural productivity and sustainability through cutting-edge technologies and services that support farmers and agricultural businesses in achieving higher yields and operational efficiency.

MedCana, operating under Software Effective Solutions Corp., is a pioneer in the integration of technology and agriculture, focusing on the cannabis market and emerging technologies in agriculture. With a vision to revolutionize the industry through innovation, MedCana is dedicated to acquiring and partnering with companies that align with its mission of promoting sustainable and technologically advanced agricultural practices.

For more information, visit the company’s website at www.MedCana.net.

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

About CannabisNewsWire

CannabisNewsWire (“CNW”) is a specialized communications platform with a focus on cannabis news and the cannabis sector. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled recognition and brand awareness. CNW is where breaking news, insightful content and actionable information converge.

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For more information, please visit https://www.CannabisNewsWire.com

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Thailand’s prime minister announced plans to classify marijuana once again as a narcotic by the end of the year, marking a significant reversal of its earlier decision. Just two years ago, Thailand took a progressive step in Asia by decriminalizing recreational marijuana use.

Despite this reversal, Thailand has witnessed a rapid expansion of its domestic cannabis retail sector. Over the past couple of years, thousands of businesses and stores have emerged, projecting an industry value of potentially up to $1.2 billion by next year.

Expressing the government’s intentions on X, SretthaThavisin, Thai prime minister, called upon the health ministry to revise regulations and reclassify marijuana as a narcotic. However, he emphasized that its usage should be restricted solely to medical and health purposes.

The cannabis decriminalization journey in Thailand began in 2018 for medical purposes and extended to recreational usage by 2022 during the tenure of the previous government. Nonetheless, critics argue that the liberalization process was hastily executed, resulting in widespread confusion regarding regulations.

Srettha reiterated his government’s commitment to taking a hardline stance against illicit drugs following a meeting with agencies involved in combating narcotics. He urged authorities to demonstrate tangible progress within the next three months, emphasizing the detrimental impact of drug addiction, particularly among young people.

In addition to bolstering enforcement efforts, Srettha called for a re-evaluation of legal drug possession thresholds, suggesting a shift from defining possession by “small quantities” to even “a single pill” to facilitate stricter enforcement.

Previously, Srettha’s administration had expressed its intention to enact a marijuana law by the end of the year, aiming to prohibit recreational cannabis while permitting its use exclusively for health and medical purposes. However, the timeline for reclassifying marijuana as a narcotic as well as evaluating requisite procedures remain uncertain.

The secretary-general of the country’s Marijuana Future Network, Prasitchai Nunual, criticized the idea of recriminalization and forewarned of the negative effects it would have on small companies, consumers and the economy. He contended that a large number of people had made investments in marijuana enterprises and cultivation, and would incur large losses in the event that the drug was once again categorized as a narcotic.

Nunual suggested that any decision regarding cannabis classification should be informed by scientific evidence comparing its harms to those of cigarettes and alcohol. He proposed that if marijuana is found to be less hazardous, similar consideration should be given to reclassifying cigarettes and alcohol as narcotics.

These policy reversals in emerging international markets for marijuana are likely to be of concern to established entities such as Software Effective Solutions Corp. (d/b/a MedCana) (OTC: SFWJ) that may have been looking for foreign markets to augment their domestic sales.

NOTE TO INVESTORS: The latest news and updates relating to Software Effective Solutions Corp. (d/b/a MedCana) (OTC: SFWJ) are available in the company’s newsroom at https://cnw.fm/SFWJ

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of an article each business day at 4:20 p.m. Eastern – a tribute to the time synonymous with cannabis culture. The 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. 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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• The global textile industry is increasingly turning to hemp, celebrating the plant’s ability to enhance soil health, support biodiversity, suppress weeds, and increase yields
• Central American expansion is part of MedCana’s broader strategy to strengthen its presence in the global cannabis and agricultural technology sectors 
• MedCana is a pioneer in the integration of technology and agriculture, focusing on cannabis and emerging technologies

Worldwide, more farmers are opting to grow hemp because of its agricultural benefits. Leveraging that trend, Eko2o Environmental Solutions S.A.S., a majority-owned subsidiary of Software Effective Solutions (d/b/a MedCana) (OTC: SFWJ), is expanding operations into Costa Rica and the broader Central American market (https://cnw.fm/RCohp). As the company moves forward with expansion plans, Eko2o provides invaluable insight and expertise gained from being at the forefront of agricultural innovation and offering cutting-edge solutions that enhance efficiency and sustainability in farming practices.

“Since its recent legalization in countries around the world, the global textile industry is increasingly turning to hemp, celebrating the plant’s ability to enhance soil health, support biodiversity, suppress weeds, and increase yields among subsequent crops — all while relying on little or no inputs,” stated a recent article (https://cnw.fm/xz9U5). “Fiber hemp holds strong sustainability potential, but as it gains popularity, it is vital that we look at how it is grown.

“This means taking on board lessons learned from other fiber crops, where heavy synthetic pesticide and fertilizer use have become the norm,” the article continued. “At this early stage, the industry has a unique opportunity to shape fiber hemp standards from the soil up, setting up systems that maximize measurable benefits for the climate, ecosystems, and communities.”

Factors contributing to the company’s decision to expand into these key markets are the region’s rich biodiversity, its progressive environmental policies, and a growing demand for sustainable agricultural practices. Eko2o’s strategic expansion plans include establishing partnerships with local organizations, setting up operations that will serve as centers for research and development, and introducing its state-of-the-art agricultural technology solutions to the market.

“Costa Rica and Central America are regions known for their commitment to environmental sustainability and high agricultural potential,” said Eko2o CEO Juan Ricardo Velez. “This makes them the perfect match for Eko2o’s mission and expertise. We are excited about the opportunity to collaborate with local farmers and businesses to promote sustainable agriculture that benefits both the economy and the ecosystem.”

This expansion is part of MedCana’s broader strategy to strengthen its presence in the global cannabis and agricultural technology sectors. Recently, the company has inked several key deals and completed strategic acquisitions that have positioned the company as a key player in the industry. As a MedCana subsidiary, Eko2o has established a reputation for offering state-of-the-art greenhouse infrastructure and agricultural technology solutions. The company is committed to enhancing the efficiency and sustainability of agricultural production in Colombia and beyond.

Operating under Software Effective Solutions Corp., MedCana is a pioneer in the integration of technology and agriculture, focusing on cannabis and emerging technologies. With a vision to revolutionize the industry through innovation, MedCana is dedicated to acquiring and partnering with companies that align with its mission of promoting sustainable and technologically advanced agricultural practices.

MedCana is committed to developing clients and companies in Latin America, initially in Colombia, and partnerships with laboratories, research facilities and hospitals throughout the world. These recent acquisitions reflect the company’s focus on scientific advancements and sustainable practices as it works to achieve the broader goal of leading the cannabis industry through strategic growth and pioneering research. The company is excited about the future prospects these new assets bring to its operations and the vast opportunities for innovation they unlock.

For more information, visit the company’s website at www.MedCana.net.

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

About CannabisNewsWire

CannabisNewsWire (“CNW”) is a specialized communications platform with a focus on cannabis news and the cannabis sector. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled recognition and brand awareness. CNW is where breaking news, insightful content and actionable information converge.

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Recent research on the effects of regular marijuana usage disproves popular perceptions about the drug by showing no connection between habitual users’ decreased motivation or paranoia. The study found no indication of a marijuana-induced hangover the following day.

One of the unexpected results was that long-term users did not exhibit a decline in desire or effort-exertion willingness, either due to internal or external factors. In fact, consumers who used the product more frequently claimed to be more motivated and to have experienced more negative emotions and impulsivity.

The study highlights both expected and unexpected results, challenging misconceptions surrounding cannabis’ effects. The researchers attribute much of the misunderstanding to cannabis’ historical criminalization, which has skewed perceptions of the drug and its users. According to the authors, even though cannabis is widely used, especially when compared to tobacco, alcohol and caffeine, little is known about how it affects regular users in daily life.

Reddit served as a source for the study’s participants, who had to be at least 21 years of age and from Canada or the United States. Participants were required to use cannabis at least three times weekly for recreational purposes. Throughout the weeklong study period, participants completed a 30-minute baseline assessment and a brief assessment five times daily between 10 a.m. and 11 p.m.

The study found negligible influence on motivation, defying popular belief. Interestingly, the study indicated that people like to become high. In addition to feeling less stressed and afraid, chronic users reported feeling a variety of good emotions while high, including amazement, inspiration and thankfulness.

Interestingly, and against widespread perceptions, chronic users’ levels of paranoia did not rise when they got high. However, it was associated with decreased momentary conscientiousness, indicating reduced self-control and organization.

Although cannabis intoxication had short-lived effects on chronic users’ emotional states, there was little evidence of a hangover the next day. Additionally, frequent users reported greater negative emotions but also higher motivation compared to less frequent users.

While the study could not conclusively determine causality, it suggested a complex relationship between cannabis use and emotional states. The authors acknowledge limitations in participant selection, noting that the sample may not represent less frequent or novice users. Despite these limitations, the study provides valuable insights into the everyday experiences of habitual cannabis users, challenging misconceptions and paving the way for future research.

Other recent studies have similarly challenged misconceptions about cannabis, including its neurocognitive effects, which were found to be minimal among medical cannabis patients with chronic health conditions. Additionally, marijuana use was associated with a lower likelihood of cognitive decline and improved cognitive functioning in some studies.

Contrary to claims that marijuana causes mental illness, research has shown modest improvements in cognitive functioning and reduced medication usage among teens and young adults at risk of psychosis who use marijuana regularly. Studies have also debunked claims of marijuana causing IQ loss, attributing observed declines in IQ to shared familial factors rather than marijuana use itself.

Overall, while the long-term effects of cannabis use remain uncertain, recent research suggests that many fears surrounding marijuana may be exaggerated, and further investigation is warranted to better understand its impacts.

As more such studies are conducted and clarify what effects cannabis can or cannot have on its medical or recreational users, entities such as Software Effective Solutions Corp. (d/b/a MedCana) (OTC: SFWJ) that focus on the production of pharmaceutical-grade marijuana products could see interest in their products grow as the therapeutic effects of cannabis become more familiar to the public.

NOTE TO INVESTORS: The latest news and updates relating to Software Effective Solutions Corp. (d/b/a MedCana) (OTC: SFWJ) are available in the company’s newsroom at https://cnw.fm/SFWJ

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of an article each business day at 4:20 p.m. Eastern – a tribute to the time synonymous with cannabis culture. The 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. 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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A recent publication in the “Medical Cannabis and Cannabinoids Journal,” authored by LECOM in collaboration with AYR Wellness (AYR), delves into the effects of medically approved cannabis on patients’ mental, social and physical well-being. The study showed that patients experienced notable enhancements across these domains, including increased energy levels, within the initial 30 days of treatment with medical cannabis.

This study is the partnership’s first publication; four further studies examining the medical benefits of cannabis are in the works.

The 90-day cohort study involved 103 adults (18 years of age and older) and was designed to evaluate the effects of medically prescribed cannabis on their psychological, social and physical well-being. Every 30 days, participants were required to complete electronic surveys tracking their overall quality of life and cannabis usage.

Furthermore, participants were required to document any negative effects they attributed to cannabis use, such as rapid heart rate, anxiety, dizziness, hallucinations or cognitive impairments. Additionally, participants had to disclose whether they consumed tobacco or alcohol products regularly during at least one-half of the study duration, including within the initial 30 days.

Analysis of the survey data revealed a substantial improvement in participants’ overall well-being and a significant decrease in pain levels between the 30- and 60-day intervals. Notably, individuals who used medical cannabis once daily exhibited the most significant enhancement in general health compared to those who consumed it more frequently, although this finding requires further validation due to the limited sample size of once-daily consumers (n=8).

Participants also reported reductions in emotional constraints, pain and fatigue. Those who consumed alcohol within the initial 30 days reported using medical cannabis less frequently and felt less emotional and energetic compared to nondrinkers. However, the frequency and quantity of alcohol consumption did not appear to influence these outcomes.

Individuals treating opioid addiction and PTSD with medical cannabis tended to use higher THC concentrations, whereas those managing anxiety and chronic pain opted for lower concentrations. Dry mouth, cough and increased appetite were the most commonly reported adverse effects, with no significant differences observed across frequency or modes of administration.

The authors noted that these findings contribute to destigmatizing medical cannabis use, highlighting its positive impact on patients’ lives over 90 days. They call for further research to comprehensively elucidate its medical efficacy and long-term effects.

This study goes on to confirm that patients accessing medical marijuana products from many of the licensed enterprises, such as Software Effective Solutions (d/b/a MedCana) (OTC: SFWJ) are actually deriving benefits from those products, in contrast to what detractors would want to believe.

NOTE TO INVESTORS: The latest news and updates relating to Software Effective Solutions Corp. (d/b/a MedCana) (OTC: SFWJ) are available in the company’s newsroom at https://cnw.fm/SFWJ

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CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of an article each business day at 4:20 p.m. Eastern – a tribute to the time synonymous with cannabis culture. The 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. 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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Eko2o S.A.S., a pioneering force in agricultural technology and infrastructure and a majority-controlled subsidiary of Software Effective Solutions (OTC: SFWJ) (d/b/a MedCana), today announced its continued growth and expansion as a key infrastructure supplier for some of Colombia’s largest flower producers. In addition, the company announced it is enhancing its support and sales operations with international partnerships, notably with Danziger International, one of the flower industry’s most respected names. According to the announcement, the expanding partnership with Danziger International marks a significant step in Eko2o’s strategy to increase its global footprint and is expected to boost Eko2o’s visibility on the international stage as well as foster new opportunities globally. “Our solutions stand out in the market, and we are delighted to witness our company’s growth as we expand our reach both domestically and internationally,” said Juan Ricardo Velez, Eko2o’s CEO.

To view the full article, visit https://cnw.fm/kztH7

About Software Effective Solutions Corp.

Software Effective Solutions/MedCana is a holding company focused on developing companies in the agricultural technology and cannabis industries. As MedCana moves forward with its expansion plans, the company remains committed to delivering on its promise of building a solid foundation for the future growth of its holdings. For more information, visit the company’s website at www.MedCana.net.

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

About CannabisNewsWire

CannabisNewsWire (“CNW”) is a specialized communications platform with a focus on cannabis news and the cannabis sector. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled recognition and brand awareness. CNW is where breaking news, insightful content and actionable information converge.

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• New three-year agreement between SFWJ’s Eko2o and Danziger Colombia reflects both companies’ commitment to sustainable, innovative agriculture practices
• The collaboration is projected to generate $2.5–$3 million in revenue over the next three years
• Eko2o will provide greenhouse infrastructure services, irrigation products and technology to Danziger’s flower operations in Colombia

Agriculture can have a significant impact on the environment, and an increasing number of companies are working to ensure their agricultural practices are sustainable. Software Effective Solutions (OTC: SFWJ) is among that group, with its majority-controlled, Colombia-based subsidiary Eko2o S.A.S entering a major multiyear contract with Danziger Colombia (https://cnw.fm/apRCJ), the world’s largest producer of flower seedlings.

The contract between SFWJ’s Eko2o and Danziger Colombia represents both companies’ commitment to sustainable, innovative agriculture practices. And while the agreement reflects commitment to savvy growing decisions, it is also expected to be a smart financial move; the collaboration has been projected to generate between $2.5 million and $3 million in revenue over the next three years.

“This partnership with Eko2o S.A.S. is a testament to our commitment to leveraging cutting-edge technology and sustainable practices in our operations,” said Danziger Colombia CEO Uri Goldstein. A subsidiary of the globally renowned Danziger Group, Danziger Colombia is focused on the cultivation and innovation of flowers and ornamental plants, utilizing advanced breeding techniques to produce varieties that thrive in diverse climates and meet the evolving needs of the global market. “We are confident that Eko2o’s expertise in greenhouse infrastructure and agricultural technology will significantly contribute to our success and help us achieve our goals of producing high-quality products efficiently,” Goldstein concluded.

Specializing in providing state-of-the-art greenhouse infrastructure and agricultural technology solutions, Eko2o works to enhance the efficiency and sustainability of agricultural production in Colombia and beyond. According to the announcement, Eko2o will provide greenhouse infrastructure services and irrigation products and technology, as well as other technologies related to Danziger’s flower operations in Colombia.

“We are thrilled to embark on this initial phase with Danziger,” said Juan Ricardo Velez, Eko2o CEO. “This partnership not only represents a significant milestone for our company but also sets the stage for future expansion. We eagerly anticipate further growth with Danziger in the near future and are confident that this agreement will pave the way for more collaborations with other leading flower producers globally and nationally.”

Software Effective Solutions is a holding company focused on developing companies in the agricultural technology industry. The company’s focus is on developing clients and companies in Latin America, initially in Colombia, and partnerships with laboratories, research facilities and hospitals throughout the world. As SFWJ moves forward with its expansion plans, the company remains committed to delivering on its promise of building a solid foundation for the future growth of its holdings.

For more information, visit the company’s website at www.eko2o.com. 

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

About CannabisNewsWire

CannabisNewsWire (“CNW”) is a specialized communications platform with a focus on cannabis news and the cannabis sector. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled recognition and brand awareness. CNW is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from CNW, text CANNABIS to 888-902-4192 (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: https://www.CannabisNewsWire.com/Disclaimer

CannabisNewsWire
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