CannabisNewsBreaks – VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) to Commence Trading on the Toronto Stock Exchange; Provides Cannabis 2.0 Update

VIVO Cannabis (TSX.V: VIVO) (OTCQX: VVCIF), an Ontario-based cannabis company recognized for its premium products and services, today announced that its common shares are set to start trading on the Toronto Stock Exchange (“TSX”) under the symbol ‘VIVO’ at market open on January 24, 2020. The company’s common shares will be voluntarily delisted from the TSX Venture Exchange in connection with the TSX listing. “The strength of the Toronto Stock Exchange is world-class, and this event represents a tremendous milestone for VIVO,” VIVO Cannabis CEO Barry Fishman stated in the news release. “We believe the TSX listing will increase VIVO’s exposure to a wider audience, increase trading liquidity and expand access to a large new pool of institutional investors.”

In addition, the company provided an update regarding its cannabis 2.0 products. Per the update, VIVO has successfully shipped cannabis 2.0 products from its Canna Farms facility to the provinces of Saskatchewan and Manitoba, and anticipates shipping purchase orders to Alberta, Ontario and British Columbia very soon. Before the end of Q1 2020, VIVO expects to make initial shipments of its Fireside(TM) chocolate products to British Columbia, Alberta, Saskatchewan, Manitoba and Ontario, and its Fireside(TM) concentrates and vape products from its Vanluven facility to Alberta, Ontario, British Columbia and New Brunswick. “We expect that by the end of Q1 2020, our cannabis 2.0 products will be available for sale in seven provinces, which is a significant achievement considering the recent opening of the market,” VIVO Cannabis CEO Barry Fishman stated in the news release. “We are proud of our suite of 2.0 products and look forward to our customers having the opportunity to experience them for themselves.”

To view the full press release visit http://cnw.fm/hL1nb

About VIVO Cannabis(TM)

VIVO, based in Napanee, Ontario, is recognized for trusted, high-quality products and services. It holds production and sales licenses from Health Canada and operates world-class indoor cultivation facilities with proprietary plant-growing technology. VIVO has a collection of premium brands targeting unique customer segments, including Beacon Medical(TM), FIRESIDE(TM), Canna Farms(TM) and Lumina(TM). In August 2018, VIVO acquired Canna Farms, a premium cannabis company based in Hope, British Columbia. Canna Farms was B.C.’s first Licensed Producer and has several years of craft cultivation experience and expertise, as well as a significant patient base and positive cash flow. The Company is significantly expanding its production capacity and pursuing partnership and product development opportunities domestically, as well as in select international markets, including Germany and Australia. VIVO also operates Harvest Medicine, a patient-centric and highly scalable network of specialty medical cannabis clinics as well as a free telemedicine service. VIVO has a healthy balance sheet and is well-positioned to accelerate its growth in Canada and internationally. For more information, visit the company’s website at www.VivoCannabis.com.

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

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420 with CNW – Marijuana Amnesty Boxes Installed at Chicago Airports

Marijuana amnesty boxes have been installed in two airports within the city of Chicago. The two airports are O’Hare International Airport and Midway Airport. The amnesty bins are for passengers to dispose of their adult-use marijuana before boarding a plane.

The airports had the marijuana amnesty boxes fitted at the end of December so that they would be there on January 1 this year when recreational marijuana sales become legal in Chicago. The boxes are located near the TSA checkpoints.

However, the TSA and the state police focus is not on individuals carrying marijuana because it is legal to possess marijuana while you are at the airport but illegal to fly with any substance. This is because marijuana is still federally illegal, and the federal government regulates all U.S. airspace.

Speaking to Fox News, a spokesperson for TSA said that although the TSA does not search the passengers for marijuana products such as edibles, under federal law, they are required to report any discovery of drugs or any other illegal substances. The local police are then left to determine further action after locating people carrying weed.

Chicago Tribune reported that the Department of Aviation in Chicago and the police were tasked with overseeing the marijuana amnesty boxes. The cops would empty the amnesty bins regularly, file a report on the contents of the box, and then dispose of all the materials that were dropped in the amnesty boxes by the passengers.

The trend of installing marijuana amnesty boxes at airports is gaining popularity because Chicago is not the first airport to have them fitted. Marijuana amnesty boxes were also previously provided in McCarran International Airport in Las Vegas and Colorado Springs Airport in Colorado for passengers to dispose of their marijuana before boarding flights.

In Las Vegas, the boxes are located at all the high traffic areas outside of the airport and within the airport car rental area. The Department of Aviation installed the amnesty bins after Clark County established a marijuana possession and advertising ban at the airport in September of 2019, reported The Las Vegas Sun.

Speaking to The Associated Press, McCarran spokeswoman, Christine Crews, said that the amnesty boxes were fitted outside the airport to help people comply with the ban issued by Clark County. She also said that the boxes would be monitored to prevent any tampering. She further said the content of the boxes would be disposed of multiple times a week by a hired contractor.

She added that any individual who does not comply with the rules and is found carrying weed at the airport would be dealt with by the Las Vegas Metro Police.

Placing the “marijuana amnesty bins” at airports is a good move that allows any passenger who still had weed on them to get rid of it safely before boarding a flight, and experts believe that weed companies like VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) and Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) may be hoping that the airport authorities will go a step further and use the public address system to remind travelers to use the amnesty bins.

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 – 6 States That Could Vote on Marijuana Ballot Measures in 2020

A wave of marijuana legalization has been sweeping across the U.S., and its genesis can be traced to Colorado and Washington approving marijuana legalization initiatives way back in 2012. In each biennial election that followed, additional states followed through with their own marijuana legalization initiatives, and experts believe 2020 will be a landmark year for marijuana.

Marijuana advocates believe there are currently 26 states where voters might have to vote on marijuana initiatives, either for full-scale recreational legalization, legalization of medical cannabis or decriminalization. Let’s look at 6 states that might table marijuana legalization ballot initiatives in 2020.

In 2020, voters will vote on an initiative dubbed ‘Smart & Safe Arizona’ led by a group of Arizona medical cannabis companies. It will allow people 21 and older to possess, consume, cultivate and purchase cannabis from licensed retailers. Individuals with prior marijuana convictions could have their records expunged, and some tax revenue from legal sales will be used to invest in communities disproportionately affected by prohibition.

The fight for legalization in Florida started in 2016 when voters approved a constitutional amendment to legalize medical cannabis. An advocacy group called Make It Legal Florida is seeking to push it further. It is working to place a full-scale marijuana legalization measure for the 2020 ballot that would allow adults 21 and over to possess up to 2.5 ounces of cannabis. It is backed by cannabis companies like MedMen and Parallel.

The Idaho Cannabis Coalition is pushing a proposal that would allow approved patients and their caregivers to possess up to four ounces of marijuana, and it would establish a system of licensed and regulated growers, processors, testers and retail dispensaries. The organizers would have to collect 55,057 valid signatures from voters for the measure to qualify for the ballot.

Mississippi activists have already filed a measure for medical cannabis for 2020’s ballot, along with what they say is more than enough signatures for the measure to qualify. If approved, it will allow patients with any of 22 conditions including chronic pain and PTSD to possess up to 2.5 ounces of cannabis per 14-day period.

Missouri voters already approved a medical cannabis measure back in 2018, and activists are looking to expand upon it with broader marijuana legalization. Several proposed measures to end prohibition have been filed with the secretary of state. Still, they lack significant push, and they need groups with enough funding to get them off the ground.

Oklahoma voters approved a medical cannabis ballot last year during a midterm primary election. Activists are now looking to expand the measure with a broader marijuana legalization initiative this year. The effort is backed by the National New Approach PAC, and it will have to collect 178,000 signatures from registered voters to qualify for the ballot. The measure would allow people 21 and over to possess, cultivate and purchase cannabis from licensed retailers.

These six are just a tip of the U.S. states in which ballot measures aimed at reforming cannabis laws are planned. Experts believe that such grassroots changes give the marijuana industry, including entities like HTC Extraction Systems (TSX.V: HTC) (OTCQB: HTPRF) and VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF), hope that federal reforms could soon happen once most of the country legalizes cannabis in some form.

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420 with CNW – Chicago Mayor Wants Marijuana Consumption Allowed in Some Public Places

On Wednesday, Chicago Mayor Lori Lightfoot introduced a proposed ordinance that would allow licensing of marijuana consumption sites that are safe and legal. This is an effort by the mayor’s office to expand the economic opportunities presented by the ever-growing marijuana industry across the city of Chicago by bringing in more entrepreneurs.

Illinois lawmakers approved the bill legalizing recreational marijuana which was later signed into law by the Democratic Governor J.B. Pritzker. Adult-use marijuana will be legal in Chicago as from January 1.

In a public statement, Lightfoot said that the city of Chicago is preparing for legalization ahead of the launch date by working together with the state to make sure that legalization will be implemented in a safe, responsible way and that it offers optimal opportunities for the residents of Chicago as well as businesses. The legalization of adult-use marijuana will provide a chance for more entrepreneurs to participate in the marijuana industry including those who have been affected by the war against drugs. The bill will also present the people of Chicago with safe marijuana consumption sites.

According to the proposal introduced by the Mayor, businesses operating specialty cigar outlets, such as cigar shops or hookah lounges, would be eligible to apply for marijuana consumption site permits. The consumption sites licenses allowing people to use marijuana on the premises would be issued by the Department of Business Affairs and Consumer Protection (BACP). The consumption permits would be granted to businesses deriving at least 80 percent of their proceeds from tobacco-based products.

The BACP Commissioner Rosa Escareno said that entrepreneurs looking to venture in the new business of adult-use marijuana consumption sites have an opportunity to participate through the Chicago consumption licensing program which has a robust regulatory system. Escareno further said that they are excited to be taking the first step in developing regulations that provide entrepreneurs with more economic opportunities while ensuring that the public has safe places where they can use cannabis responsibly.

The specialty tobacco businesses must fulfill several requirements before they can be issued with permits. For example, they must be in a standalone structure that is well ventilated. The companies must also establish a safety plan that is approved by the city, and also educate their staff on safe marijuana consumption. The business owners must also note that businesses located in areas that are excluded from conducting marijuana business, which covers the greatest section of the downtown area and Magnificent Mile, would not be granted licenses.

The businesses authorized for onsite marijuana consumption are not allowed to serve alcohol, and the customers are also not allowed to bring their own. The companies are to be located at a minimum distance of 500 feet from schools and other outlets licensed for marijuana consumption.

The proposed ordinance would make sure that small businesses benefit from the legal marijuana industry, said the executive director of Chicago NORML, Edie Moore.

In the coming year, Lightfoot’s administration is expected to develop a new proposal that would issue onsite consumption licenses to licensed marijuana dispensaries.

Industry watchers believe that it is this type of progressive policy making that many marijuana companies, such as VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) and MCTC Holdings Inc. (OTC: MCTC), would like to see because it is strange tosee that people can buy weed in many jurisdictions but they aren’t allowed to consume it anywhere else apart from within the privacy of their homes.

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CannabisNewsBreaks – VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) Reveals Cannabis 2.0 Products

VIVO Cannabis (TSX.V: VIVO) (OTCQX: VVCIF), an Ontario-based cannabis company recognized for its premium products and services, today announced its new Cannabis 2.0. products set to come to market in the coming months across Canada. According to the update, VIVO will focus on the vape, chocolates and concentrates categories leveraging its premium adult-use cannabis brands including Canna Farms(TM) and Fireside(TM). “VIVO is committed to changing the way people view cannabis and to enhancing lives. I’m delighted with our Cannabis 2.0. offering,” VIVO CEO Barry Fishman said in the news release. “The range is robust and stretches across multiple new legal categories including vapes, chocolates, and concentrates that include kief, rosin, bubble hash, wax and shatter. Coupled with our commitment to quality and consistency in supply, I’m confident that our range of products will help to play a role in decreasing the size of the illicit footprint.”

To view the full press release, visit http://cnw.fm/uJTd2

About VIVO Cannabis(TM)

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420 with CNW – First 8 Days of Recreational Weed Sales Generate More Than $1.6 Million in Michigan

It looks like the newly legalized weed industry in Michigan is set to hit major milestones pretty quickly. The first eight days of legal adult-use marijuana sales at the five retail outlets that were open in Michigan amounted to $1.6 million. Three of the five shops either run out of stock or had an inadequate supply of marijuana products.

From the first to the eighth-day of sales, the total was $1,629,007. The 10% excise tax imposed on then recreational products amounted to $162,900, and the 6% state sales fee raised $107,514.

Once the recreational marijuana industry is stabilized by 2020, the state House Fiscal Agency estimates that the annual sales for adult-use cannabis will be $949 million, out of which the 10% excise tax charges on the sold products would be $94.9 million and 6% sales tax of $57 million.

The ballot proposal which was approved by the voters in 2018 stated that the first $20 million dollars from excise tax raised from the sale of recreational marijuana within the first two years after the launch of retail sales would be used to advance studies on the benefits of cannabis and how it is used to treat different medical conditions, such as PTSD.

The remaining excise fees would be divided between municipalities and counties allowing marijuana businesses within their jurisdictions to fund school and road infrastructure programs. The House Fiscal Agency projected that by 2020, the excise fee total would be $97.5 million and that by 2023, it would rise to $163 million. This amount is just a tiny fraction of the state budget of $60 billion.

For comparison purposes, Colorado recorded about $1 million in sales on the first day of recreational marijuana retail sales. However, these sales were made at 24 open retail outlets. Michigan had more than 2,200 customers on the first day in the five stores.

There were three stores open on the recreational marijuana sales launch day, which include, Greenstone Provisions, Arbor Wellness, and exclusive Brands. While Michigan Supply and Provision in Morenci opened on the evening of the first day.

Greenstone ran out of marijuana stocks for several days consecutively, while Michigan Supply had low supply. In the first two days of retail sales, Lit Provisioning, the fifth store, run out of stock after servicing 750 customers, after each spent an average of $103.

The president and Chief Operating Officer of Lume Cannabis Company, Doug Hellyar, who is also the owner of Lit Provisioning, said that they were humbled that customers chose to buy products from their shop during the first week of recreational marijuana sales. He also noted that people traveled across the state, despite the chilly weather and stood in line for several hours to purchase cannabis.

The sales launch comes a year after voters legalized adult-use weed through a ballot. Michigan is the 10^th state to allow the sale of adult-use marijuana.

The state of Michigan has issued 21 licenses to recreational marijuana businesses since it started accepting applications on November 1. It has also pre-qualified 73 applications. Out of the 1,771communities, 1,400 have vetoed the sale of legal weed in their towns, which has posed a challenge for weed businesses.

It is however hoped that those communities opposed to weed will come around as time goes by. Experts think this optimistic outlook may be exactly what industry players like LiveWire Ergogenics Inc. (OTC: LVVV) and VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) are counting on for the success of their counterparts operating in Michigan.

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CannabisNewsBreaks – VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) Announces Grant of Stock Options

VIVO Cannabis (TSX.V: VIVO) (OTCQX: VVCIF), an Ontario-based cannabis company recognized for its premium products and services, this morning announced that it has granted, effective today, an aggregate of 3,364,500 stock options (each, an “Option”) to certain directors, officers, employees and consultants of the company in accordance with the company’s stock option plan. Per the update, for a period of five years from the date of grant, each Option is exercisable into one common share in the capital of the company (each, a “Share”), each at a price of $0.215, being the closing price of the Shares on the TSX Venture Exchange on December 11, 2019. This is a normal-course grant that comprises part of the company-provided long-term compensation and employee retention incentives.

To view the full press release, visit http://cnw.fm/krE4C

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420 with CNW – How Marijuana Can Improve Your Holidays

The holiday season is around the corner, and it is a time of festivities and gathering of families, friends, and relatives. To some, the season is a source of stress, anxiety, and insomnia. Are you nervous when attending a family gathering? Take a small dose of marijuana to take the edge off. Be careful not to indulge in excess since you do not want a noticeable high.

The consumption of marijuana during the following activities can help relieve some of the adverse effects of the festive holidays.

Family Get-Togethers

Sometimes it can be a challenge to be around relatives when all they want is to discuss controversial issues or do things that make you uncomfortable for an extended period. To make these visits tolerable, you can consume a microdose of marijuana while being careful not to induce an apparent high. If you want to be discreet while using marijuana, you can opt for consuming edibles as they are packed with a small amount of weed, which you can eat all evening discreetly. Since marijuana edibles do not have the smell of cannabis, you will not have “judgy” comments thrown your way.

Traveling

The month of December involves a lot of movements from one point to another since families want to re-unite either during Thanksgiving, Christmas, or New Year’s. The traveling means some people are going to be traversing long distances, mostly through the air, and most often, this leads to jet lag. For those who are traveling, they can take a light dose of cannabis beforehand as it will help them sleep throughout their flight.

Feasting

During the month of December, which is full of parties and celebratory activities, people indulge themselves in a variety of rich and delicious foods and beverages. If you find that your appetite is lacking, you can take marijuana as it is known to improve appetite. It also makes food taste better. Purchase the strains that are known to induce the desire for food. Take a small dose before meals, and you will find that the food is yummy.

Unwinding

If you want to break away from all the partying and the additional strain such holiday activities can cause, take a relaxing strain of marijuana through smoking, vaping, or a bong.

Marijuana does not address all conditions; therefore, if you are overwhelmed by all the activities in the holidays to the point of considering self-harm, seek the help of a friend or a qualified professional.

Industry watchers are convinced that marijuana companies like VPR Brands LP (OTCQB: VPRB) and VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) can recommend the best product for the different situations in which you may find yourself during the holidays.

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420 with CNW – Minnesota Marijuana Legalization Advocates Take Lessons from Colorado

This week, former Colorado public officials Stanley Garnett and Doug Friednash, who were opposed to marijuana legalization, shared their opinions with Minnesota legislators about the things to consider if cannabis is to be legalized.

The two are currently members of a Denver law firm with a department dealing with marijuana and industrial hemp. They said that they are sure they made the right decision by opposing legalization. At the time of their speech, they were invited to Minnesota by Ryan Winkler, who is the Minnesota House Majority Leader. Winkler is heading the cannabis legalization initiative in Minnesota.

The two said that the reason they accepted the invitation was to express their fears on the legalization of adult-use weed and regulations if Minnesota moves forward with the initiative. Friednash, who is the former chief of staff to Colorado’s Governor John Hickenlooper, said that other states that opt to follow Colorado could learn from their experience.

Friednash went on to say that the process of legalization was scary because no other state had done it and were afraid of the implications since they were being watched internationally.

Garnett, who served as the district attorney in Boulder County for three terms, said that he was in favor of adult-use marijuana prohibition before the voter approval in 2014.

Garnett has had a change of heart because he is now in favor of recreational marijuana legalization, as it ensures public safety. He noted that Colorado’s experience with marijuana has revealed that with proper rules in place, legalization is better than criminalization.

Garnett further said that he was initially doubtful of the success of the 2012 referendum in Colorado which required legislators to allow for the legal cultivation, possession, use, and sale of cannabis to adults.

Garnett also said that marijuana prohibitionists claimed that the legalization of adult-use pot would lead to the collapse of the western civilization because of increased crime rates, deaths, as well as deterioration of public safety. But, none of these have happened since legalization.

In Minnesota, they have a medical cannabis program that permits patients with a limited set of illnesses to use marijuana. The drugs can be accessed only in the form of a pill, oil, or vapor.

Winkler, together with other broader marijuana advocates, are drafting a bill for the next legislative session and the majority of the Democrats are in favor but the Republicans are against the legalization of marijuana for non-medicinal use. He says that they aim at creating a legal and regulated market while still enforcing action against illegal activities such as underage use and the black market.

The two officials also attended other functions during their stay in Colorado, such as the citizen meeting at the town hall, and they also met with leaders of the Minnesota Police and Peace Officers Association (MPPOA).

The Executive Director of MPPOA, Brian Peters, appreciated the Colorado officials’ willingness to talk about the challenges they faced during legalization.

Friednash said that states need to change the packaging and labeling of edibles to make them less attractive to children. He also noted that stringent control of plant products should be implemented.

Friednash further said that before licensing, the state has to consider agricultural, revenue, and public safety impacts in addition or marijuana’s effects on the education system and human rights.

Industry watchers say cannabis entities like VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) and Organigram Holdings Inc. (TSX: OGI) (NASDAQ: OGI) could be pleased that the Minnesota lawmakers opted to listen to both sides of the legalization debate from the perspective of Colorado.

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420 with CNW – What Women Should Know About Marijuana and Breast Cancer

Breast Cancer Awareness is held in the month of October. Chances are, you know someone who has been diagnosed with breast cancer. According to U.S. breast cancer statistics, there is a probability that one in eight women in America will develop breast cancer over their lifetime.

The Centers for Disease Control and Prevention states that not factoring in other types of cancers, the most common type of cancer among women in the U.S is breast cancer. It does not discriminate on race or ethnicity, and anyone can develop breast cancer.

Women can now use marijuana to manage the side effects and pain caused by breast cancer treatment. Listed below are the benefits of using medical marijuana for breast cancer:

Eases pain by reducing inflammation.
Manages chemotherapy side effects such as nausea and vomiting.
Stimulates appetite suppressed by rounds of chemotherapy.
Relieves anxiety.
Induces relaxation thus stimulating sleep.
It inhibits the growth of cancer cells and reduces the size of the tumor.

It is essential to understand that women and men’s health differ; therefore, the medical community has tried to develop treatment tailored to meet the needs of each individual instead of thinking one size fits all.

Cannabinoid receptors in women are sensitive, especially those located in the uterus, and since they are concentrated, they help in relieving pain, regulating mood, improving appetite, and inducing sleep more effectively than in men. Also, women require lower doses of marijuana because the presence of cannabinoid receptors enables their bodies to absorb marijuana quickly and efficiently. This provides them with better pain relief and management of other symptoms they may experience.

The regular use of marijuana can lead to marijuana tolerance, and this would require women to up their dosage over time.

The menstrual cycle causes estrogen levels to fluctuate, which makes women more sensitive to the effects of marijuana. Therefore, they should adjust the doses according to the level of the estrogen to achieve the desired impact. For example, lower doses should be taken around ovulation when estrogen is highest.

Hormonal therapy is prescribed for women to slow the growth and spread of breast cancer cells. This therapy can either add or remove hormones, which eventually affects the body’s response to marijuana. A recent study on cannabis that used animal subjects shows that CBD, one of the compounds found in marijuana, helps to shrink breast cancer cells and reduce tumor growth.

Experts think that different groups of patients need specialized information to help them understand how medical marijuana can be of help to them, and that could be the reason why marijuana companies like VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) and Organigram Holdings Inc. (TSX: OGI) (NASDAQ: OGI) emphasize the provision of information so that customers make informed decisions when selecting products.

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