HempNewsBreaks – SinglePoint, Inc. (SING) President Discusses Solar Growth, Hemp Cigarette Sales on MoneyTV with Donald Baillargeon

SinglePoint (OTCQB: SING) was featured on this week’s episode of MoneyTV with Donald Baillargeon. The internationally syndicated program covers money-focused topics, featuring various companies and in-depth interviews with CEOs and executives that offer insights into operations and future outlooks. MoneyTV is viewed in over 200 million households in more than 75 countries. Among other highlights from this week’s program, SinglePoint President Will Ralston provided an update on solar growth and hemp cigarette sales. “Direct Solar has been doing phenomenal, both on residential and the commercial side is really starting to pick up,” Ralston said in the interview. “So, what we’ve been looking to do is supplement that business where we can actually vertically integrate a lot of the processes.”

To view the full press release, visit http://cnw.fm/Sc2V4

About SinglePoint, Inc.

Founded in 2011, SinglePoint invests in and acquires brands and companies that will benefit from injection of growth capital and its sales and marketing expertise. The company’s portfolio currently includes solar, hemp and technology applications. SinglePoint is working to grow the company to a multi-national brand. For more information, visit the company’s website at www.SinglePoint.com.

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

About 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.

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

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

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HempWire is part of the InvestorBrandNetwork.

420 with CNW – How Marijuana Entrepreneurs Can Navigate Instagram

If you have been in the cannabis industry for a year or so, you may have noticed that the accounts of marijuana companies on different social media platforms, such as Instagram, keep getting shut down from time to time. Here are some handy tips to help you navigate the Instagram rules to prevent the accounts of your cannabis business from being brought down.

Give the Appeals Process Time

It is important that you file an appeal as soon as the Instagram account of your weed business is shut down. If need be, file several appeals each day and your account will be restored, especially if you didn’t violate any of the platform’s community standards.

As you wait out the appeals process, don’t rush to open another account as it will soon get harder for the people who had started following you to find your handle.

Keep Accounts as Close to Your Brand as Possible

If you lose the appeals process and there is no chance of getting your old account back, open a new one but keep the particulars of this new account as close to the one you lost as possible.

In this way, your followers will still find you and fail to notice the subtle differences between the old account and this new one that you have opened.

Avoid Plagiarism

One of the gravest infractions you can make on Instagram is posting another person or business’ content. Instagram will shut down your account immediately, and appealing their decision will be a waste of time.

Besides, why would you post another company’s content on your account? You would be promoting that entity rather than getting mileage for your cannabis business. Don’t even bother tagging the person or attributing the photos you post to their owners. Instagram will still regard what you have indulged in as stealing and you will be punished for it.

You are far better off hiring a professional photographer to spend an hour or more creating content for your business, and you can keep taking from this gallery each time you want to post something.

The bonus benefit of this approach is that the photographer can post your work on their accounts and this will give your business more traction.

Don’t Sell Anything

Instagram doesn’t allow any marijuana product to be sold on its platform, so you would be well advised to avoid trying to advertise or sell your products. Besides, the biggest benefit of any social media platform is in promoting your brand. Use your Instagram account for this purpose only.

In the same vein, refrain from putting any contact information, such as a street address or phone number, on your account. Otherwise, Instagram will shut down your account faster than followers can read that contact information.

With the tips above at the back of your mind, your business will make its presence felt on Instagram and your brand will grow. Seasoned cannabis sector players like SinglePoint, Inc. (OTCQB: SING) have probably mastered how to play this game on different social media platforms, and that could have helped them rise above the competition.

About CNW420

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

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

For more information please visit https://www.CNW420.com

Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW420, wherever published or re-published: http://CNW.fm/Disclaimer

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HempNewsBreaks – SinglePoint, Inc.’s (SING) 1601 Original Hemp Revenue Jumps 133% in Q1 2020

SinglePoint (OTCQB: SING) recently reported its quarterly financials for the period ending March 31, 2020. Among other highlights, the company’s Hemp cigarette brand, 1606 Original Hemp, experienced a sharp climb in sales, with revenues rising 133% in Q1 2020 compared to the previous quarter. (http://cnw.fm/hu4Hk). An article discussing the company reads, “SinglePoint’s hemp subsidiary enjoyed a similarly successful start to the year with the company announcing that its hemp cigarette brand, 1606 Original Hemp, had reported a sales growth rate of 133% in the first quarter relative to the previous three months, while early indications of second quarter sales suggested that revenues had risen by a remarkable 233% month-on-month in May versus April. The pre-rolled organic hemp cigarette brand was launched to much fanfare at last year’s MJBizCon Conference in Las Vegas (http://cnw.fm/R55af) and represented SinglePoint’s attempts to break into the combustible hemp segment – a sector which is currently the second fastest growing sub-category within the $4.6 billion industrial hemp market (http://cnw.fm/jtnX9).”

To view the full article, visit http://cnw.fm/63ptW

About SinglePoint, Inc.

Founded in 2011, SinglePoint, Inc. invests in and acquires brands and companies that will benefit from injection of growth capital and its sales and marketing expertise. The company’s portfolio currently includes solar, hemp and technology applications. SinglePoint is working to grow the company to a multi-national brand. For more information, visit the company’s website at www.SinglePoint.com.

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

About 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.

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

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

Please see full terms of use and disclaimers on the HempWire website applicable to all content provided by HW, wherever published or re-published: https://www.HempWire.com/Disclaimer

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420 with CNW – Why 9 in 10 NY College Students Support Marijuana Legalization

A survey done among college students shows that more than 90% of them support the legalization of marijuana in New York State where the laws are in so much flux that one can’t tell which direction cannabis policy will take in a few weeks or months.

The survey involved more than 250 college students in the state. While it can be regarded as an unscientific survey due to its sampling method which encouraged respondents to pass on the questionnaire to their friends and associates (a snowball way of getting survey respondents), the findings are nevertheless reflective of the general sentiments of this demographic.

The survey, conducted by NewsHouse, confirmed that lots of students consume recreational marijuana on the sly, and many more have used cannabidiol (“CBD”) products at least once on their college campuses.

The students revealed that their primary reason for switching to recreational marijuana as their drug of choice is that its effects weren’t as bad as what they suffered after a night out taking alcohol.

Many of the students also said that they are interested in enrolling for courses on marijuana, and this isn’t surprising because many Empire State universities and colleges have seen the keen interest in such courses and therefore started offering them to interested students.

The divide between the college students and their parents was also highlighted during the survey. Many students intimated that they hid their recreational use of marijuana from their parents because the parents believed that once their kids smoked a single joint, the children would start down a slippery road to harder substances. To avoid arguments on the subject, the college students opted to keep their habit on the down low.

During his State of the State address delivered in January, Gov. Cuomo renewed calls for recreational marijuana to be legalized in New York State. His statements drew attention to the often polarized debate on marijuana which stalled last year and was due to resume this year but the COVID-19 outbreak changed the legislative priorities of the state lawmakers. At the end of last year, there was consensus that recreational marijuana should be decriminalized rather than going for full legalization.

New Yorkers now have to sit out another year before seeing recreational marijuana permitted in the state. If the college student survey results are anything to go by, analysts believe that the hopes of the entire cannabis industry, including players like SinglePoint, Inc. (OTCQB: SING), to see marijuana legalized from coast to coast will slowly be realized.

About CNW420

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

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

For more information please visit https://www.CNW420.com

Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW420, wherever published or re-published: http://CNW.fm/Disclaimer

Do you have questions or are you interested in working with CNW420? Ask our Editor

CannabisNewsWire420
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CNW420 is part of the InvestorBrandNetwork.

420 with CNW – Los Angeles Contemplates Overhauling Legal Cannabis System

Cannabis had been federally prohibited for several decades before public attitudes towards marijuana started changing in the late nighties. As drug reform advocates championed for marijuana legalization, more and more states legalized marijuana with the aim of earning tax revenue from cannabis sales, edging out the illicit market and repairing the damage done by the decades’ long war on drugs.

However, a few years after a number of state-legal cannabis programs were launched, it has emerged that they aren’t as effective as projected. Despite bringing in millions of dollars in tax revenue, states like Colorado and California have had a hard time pulling clientele from the illicit market. Similarly, Los Angeles has had such a troubling legal marijuana program that a City Council Committee has approved a series of changes to it.

The city was once seen as a potential showcase for the budding cannabis industry, but the reality does not measure up to the vision. The illicit market still thrives and licensed shops have repeatedly stated that everything costs too much and it takes too long to deal with City Hall. To make matters worse, the programs designed to help communities that had been unfairly targeted by the decades’ long war on drugs have been slow to take shape.

The proposed changes include tweaking a definition to match language on state law, limiting delivery licenses until 2025 only to businesses that meet “social-equity benchmarks, permitting businesses to relocate while being licensed, clarifying what employees are supposed to be subjected to background checks and streamlining the application process.” Such programs were initially designed to help individuals who were convicted of a marijuana related offense and lower income residents who live or have lived in neighborhoods marked by high marijuana arrests.

According to the city’s top cannabis regulator Cat Packer, the changes are urgent. She noted that the industry and City have been affected by the coronavirus pandemic, an economic crisis and nationwide protests over systemic racial injustice. And with these circumstances, marijuana remains illegal at the federal level, and banking and insurance institutions shy away from cannabis businesses due to fear of federal retaliation.

“The intersection between cannabis policy and racial injustice is clear to me. Black and brown communities have been disproportionately impacted, disproportionately policed, and we made a commitment to actively acknowledge those harms and address the harms of the drug war,” said Packer.

However, according to Adam Spikier, an executive director of the industry group Southern California Coalition, the proposals are a ‘mixed bag.’ They may be well intended, he says, but placing an inflexible limit on who could qualify for a delivery license is “open to a lot of problems” as it could leave out long-standing operators who are already enmeshed in the industry. “I think that creates more problems than solutions,” he said.

Licensing has also been a major issue, with the city being sued this April by license applicants claiming the city’s licensing process is flawed. What remains to be seen is whether these changes will be adopted into the state’s cannabis industry, and industry watchers think entities like SinglePoint, Inc. (OTCQB: SING) will be happier to see any changes implemented rather than remaining on paper without being felt on the ground.

About CNW420

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

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

For more information please visit https://www.CNW420.com

Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW420, wherever published or re-published: http://CNW.fm/Disclaimer

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CNW420 is part of the InvestorBrandNetwork.

420 with CNW – US Report Reveals Religious Discrimination Targeting Marijuana Consumers Abroad

The U.S. State Department has released its annual Report on International Religious Freedom, and it is clear that religious discrimination against marijuana consumers is still a problem in some countries. And like it did in past years, the State Department has refrained from mentioning that due to federal prohibition, such discrimination is present in America as well. The report covers developments that took place in 2019, and it identifies about a dozen countries and territories where cannabis policies either discriminate against marijuana consumers or where they have been reformed to respect religious freedoms.

“I’m here one more time, proudly, to talk about freedom and free societies. And while America is not a perfect nation by any means, we always strive towards that more perfect union, trying to improve. We remain the greatest nation in the history of civilization,” Secretary of State Mike Pompeo said at a press conference on the report. Here are a few countries and territories where marijuana users are discriminated against:

The Government of the Bahamas continues to discriminate against Rastafarians “because of their dreadlocks and their religious use of marijuana,” they say. The report notes that in December, the Bahamas National Commission made a recommendation to sanction the religious use for Rastafarians but Parliament took no legal action on the recommendation by year’s end. “Rastafarians said police continued to arrest them for possessing small quantities of marijuana used in ceremonial rituals and said prison authorities cut the dreadlocks of Rastafarian prisoners,” the report says.

In Barbados, “Rastafarians expressed objections to the government’s proposed Medicinal Industry Bill, introduced in August, which would legalize marijuana for medical purposes, while remaining silent on whether other personal use, including for religious rituals, would remain prohibited.” The report notes that the attorney general said late last year that a committee “would begin discussions on the use of marijuana for sacramental purposes.”

Rastafarians in the Dominican Republic “continued to press the government for complete legalization of marijuana use, stating they considered decriminalizing to be a commercially focused half measure. Representatives of the Rastafarian community reported that authorities did not enforce the law against using marijuana when they used it in their religious sites,” the report states. Although the prime minister has pushed for decriminalizing cannabis for medical and religious use, legislation to enforce it hasn’t been enacted yet.

Guyana decriminalized low level marijuana possession, but Rastafarians argue that the ban on possessing more than 15 grams “infringed on their religious practices.” The report states that the “Guyana Rastafarian Council continued to petition the government to legalize the use of small amounts of marijuana for religious purposes, but according to the council, authorities again would not consider the proposal, stating that reviewing drug legislation remained a low priority for the government.”

It wouldn’t be surprising if cannabis companies like SinglePoint, Inc. (OTCQB: SING) jokingly quipped that the U.S. federal government should first remove the log of discrimination in its own eye before writing about what is happening in other countries.

About CNW420

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

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

For more information please visit https://www.CNW420.com

Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW420, wherever published or re-published: http://CNW.fm/Disclaimer

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CNW420 is part of the InvestorBrandNetwork.

420 with CNW – Appeals Court Rejects California Marijuana Firms’ Tax Dispute Due to Mailing Mix-Up

Two California-based marijuana companies had their petition thrown out of appeals court after it was delivered to court a day late by an unapproved delivery service. Organic Cannabis Foundation and Northern California Small Business Assistants (“NCSB”) were challenging a nearly $2 million combined tax bill at the U.S. 9th Circuit Court of Appeals based in San Francisco. However, in a ruling, the judge said this should be a lesson to lawyers representing cannabis companies; the petition was thrown out for arriving at court a day late.

For years, the two firms had been trying to appeal a ruling by the IRS stating that they are subject to Section 280E which doesn’t allow tax deductions related to marijuana because it is still federally prohibited. According to appellate-court documents, Organic Cannabis Foundation owed $1.1 million in taxes and $225,855 in penalties and NCSB owed $531,707 in taxes and &106,341 in penalties.

Their appeal to the IRS decision was due to the U.S. Tax Court in Washington DC on April 22, 2015. According to court records, it was delivered via FedEx “First Overnight” at 7:35  on the morning of April 23, 2015. At the time, the Tax Court said the petition for a review of the IRS decision lacked jurisdiction because it came after the deadline, and the firms’ were hoping to have this verdict appealed at the U.S. 9th Circuit Court of Appeals. However, the Appeals court upheld the Tax Court’s initial verdict.

“This unhappy case presents a cautionary tale about the need for lawyers to ensure that they have done exactly what is statutorily required to invoke a court’s jurisdiction,” Circuit Judge Daniel Collins wrote, framing it as a lesson for attorneys of cannabis companies. Ironically, if the attorneys had used a delivery service the IRS had designated in its public notices, the court would have considered their petition.

The IRS mailbox rule states that: “If any return, claim, statement, or other document required to be filed…on or before a prescribed date under authority of any provision of the internal revenue laws is, after…such date, delivered by United States mail to the agency, officer, or office with which such return, claim, statement, or other document is required to be filed,…the date of the United States postmark stamped on the cover in which such return, claim, statement, or other document…is mailed shall be deemed to be the date of delivery…”

This mailbox rule confirms that a tax document is timely filed with the IRS even though it is not physically delivered to the IRS in time, as long as it is delivered by an approved delivery service.

Although FedEx Priority Overnight and FedEx Standard Overnight were approved by the IRS at that time, court documents state that it wouldn’t be until May 5, 2015, two weeks after the late delivery, that FedEx First Overnight was designated as an approved service.

This unfortunate turn of events is likely to give other industry players, such as SinglePoint, Inc. (OTCQB: SING), vital lessons should they ever have to go to court on issues that affect them.

About CNW420

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

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

For more information please visit https://www.CNW420.com

Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW420, wherever published or re-published: http://CNW.fm/Disclaimer

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420 with CNW – Four States Where Marijuana Legalization Has Been Postponed to 2021 and Beyond

Almost six months into the year, the U.S. is still squarely within the coronavirus’ stranglehold, and the past few weeks have seen rising levels of civil unrest in most states. The economy is in free-fall and health experts warn that the coronavirus pandemic is nowhere near over. With everything that’s going on, it’s easy to forget that Election Day is drawing closer, and a dozen states have at least one ballot initiative devoted to legalizing cannabis.

At least three states are guaranteed to have residents voting on cannabis legalization initiatives in November. However, while there are a few states where legalization in November is a near certainty, some states won’t be going green any time soon. Due to a variety of factors, these states will not be voting to legalize marijuana this coming November

Florida legalized medical cannabis in 2016 and although it was expected that adult-use marijuana would follow suit in 2020, residents will not be voting on a recreational cannabis measure. The Make it Legal Florida campaign garnered the support of certain medical cannabis dispensaries, including MedMen Enterprises, and was able to collect more than 700,000 signatures. However, there simply wasn’t enough time to verify the signatures and refine the language of the proposed constitutional amendment before the 2020 ballot. Additionally, Florida Attorney General Ashley Moody as well as members of the legislature had already expressed clear objections to the proposed amendment.

New York had planned to include marijuana legalization in the state fiscal budget but at the end of March, Governor Andrew Cuomo announced that this would not be likely. He stated that the ongoing coronavirus pandemic had complicated budget discussions and that the cannabis legalization issue was too complex to be discussed in the limited time lawmakers had.

Ohio currently has two recreational marijuana measures on the table for addition to the 2020 ballot but it is unlikely either of the measures will wind up on the November ballot. With social distancing measures and stay at home orders in place to curb the spread of the coronavirus, it has been impossible to collect the required 453,000 signatures. Additionally, the language in one of the measures to regulate cannabis like alcohol needs more fine-tuning and with the deadline in less than 3 weeks, it is unlikely the initiatives will make it to ballot.

Missouri’s quest to legalize cannabis, led by the Missourians for a New Approach campaign, was also affected by the COVID-19 pandemic. As the virus spread and self-isolation and social distancing measures were issued, signature collection became virtually impossible. Advocates attempted to persuade officials to allow the required 170,000 signatures online but Missouri regulators rejected the proposal. Like in New York, Florida, and Ohio, marijuana legalization advocates will have to wait until 2021 or beyond for another shot at marijuana reform.

It would be interesting to hear what cannabis industry actors like SinglePoint, Inc. (OTCQB: SING) have to say about the long-term effects of the derailment of the different legalization campaigns across the country.

About CNW420

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

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

For more information please visit https://www.CNW420.com

Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW420, wherever published or re-published: http://CNW.fm/Disclaimer

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HempNewsBreaks – SinglePoint, Inc. (SING) CEO Showcases Nicotine-Free/Tobacco-Free 1606 Product in New Video

SinglePoint (OTCQB: SING) on Monday announced that its CEO Greg Lambrecht was featured in a recent video to showcase the latest point of sale display for 1606. According to the update, the tobacco-free and nicotine-free product was created for individuals looking for an alternative to traditional smoking. “We’re looking for the 40 to 65 or 70-year-olds who maybe smokes five cigarettes a day. We’re trying to reach that demographic that wants to quit,” Lambrecht said in the interview. “And, when I say quit, instead of smoking a cigarette that has nicotine in it, they’re going to smoke a hemp cigarette that has no nicotine, no tobacco, and the CBD experience with less stress, which we could all use in these times right now.”

To view the full press release, visit http://cnw.fm/2BdWm

About SinglePoint, Inc.

Founded in 2011, SinglePoint, Inc. invests in and acquires brands and companies that will benefit from injection of growth capital and its sales and marketing expertise. The company’s portfolio currently includes solar, hemp and technology applications. SinglePoint is working to grow the company to a multi-national brand. For more information, visit the company’s website at www.SinglePoint.com.

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

About 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.

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

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

Please see full terms of use and disclaimers on the HempWire website applicable to all content provided by HW, wherever published or re-published: https://www.HempWire.com/Disclaimer

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

HempWire (HW)
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HempWire is part of the InvestorBrandNetwork.

420 with CNW – Dutch Government Starts Recruiting Farmers to Take Part in Marijuana Experiment

On Tuesday, the Dutch Justice Ministry announced that growers who wished to take part in the Dutch government’s regulated marijuana experiment can sign up to apply from July 1. The project, which will see a maximum of 10 growers licensed to produce a variety of marijuana products, has been designed to remove the gray area surrounding coffee shops. Although they have permits to sell marijuana, most of them rely on an illegal circuit of suppliers as production and distribution of marijuana is prohibited.

“The government wishes to initiate an experiment involving the cultivation of cannabis for recreational use. The purpose of the experiment is to ascertain whether or not it is possible to regulate a quality-controlled supply of cannabis and to study the effects of a regulated supply chain on crime, safety, public nuisance, and public health,” says the government website. The experiment will last four years with an option of extending it for another one and a half years.

For a prospective grower to be eligible, they must be a resident of the Netherlands or a legal entity with a Dutch address. They must already have a business location in the Netherlands or a location in mind where they want to grow the marijuana. They will also be required to submit an application form containing a Certificate of Good Conduct, the cultivation location, and their cultivation plan. The plan will outline how many pounds of marijuana they plan to grow on an annual basis and how many variations they expect to produce.

They will also be required to submit a business plan detailing how they want to organize their business operations and administration as well as a security plan showing how they intend to keep their marijuana safe and transport it to the coffee shops they will be delivering to. According to officials, it will take up to six months to select the 10 growers who will take part in the experiment. The trials are due to start in 2021, and ten local authorities, including Breda, Almere, and Tilburg will be taking part.

However, the four biggest cities in the country have declined to be part of the experiment citing numerous issues with the proposal, such as the limited four-year window which will not be extended even if the program is successful. Additionally, the requirement that all coffee shops within a council area have to participate in the program will make control and oversight impossible as places like Amsterdam have over 150 coffee shops. The shops will also be prohibited from selling foreign marijuana which currently makes up 25% of sales.

This is an experiment that North American marijuana companies like SinglePoint, Inc. (OTCQB: SING) are likely to watch closely as its lessons could be picked by other jurisdictions, such as the U.S. federal government, taking a lot of flak for not implementing a regulated cannabis industry.

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