Tag: YGYI

CannabisNewsBreaks – Youngevity International Inc. (NASDAQ: YGYI) to Host November 18th Conference Call to Review Financial Statements, Provide Corporate Update

Youngevity International (NASDAQ: YGYI), a multi-channel lifestyle company operating in three distinct business segments including a commercial coffee enterprise and its newly acquired commercial hemp enterprise, this morning announced its plans to host a conference call to discuss the company’s financial results for the quarter ending September 30, 2019, which it plans to release today. The call is scheduled to take place at 4:15 p.m. Eastern Standard Time (1:15 pm Pacific Standard Time) today, November 18, 2019. Youngevity International’s senior management will host the call, led by CEO and Chairman Steve Wallach and joined by CFO and President Dave Briskie. Interested parties may join the conference by dialing 1-877-870-4263 (toll free) or 1-412-317-0790 (international) and referring to the “Youngevity International Call.”  The webcast will be accessible in the Investors section of the company’s website, with an archived webcast available for replay on the Marker website approximately one day after the event.

To view the full press release, visit http://cnw.fm/4viGl

About Youngevity International Inc.

Youngevity International Inc. is a multi-channel lifestyle company operating in three distinct business segments, including a commercial coffee enterprise, a commercial hemp enterprise and a multi-vertical omni direct selling enterprise. The company features a multi country selling network and has assembled a virtual Main Street of products and services under one corporate entity. YGYI offers products from the six top-selling retail categories: health/nutrition, home/family, food/beverage (including coffee), spa/beauty, apparel/jewelry and innovative services. For more information, visit the company’s website at www.YGYI.com

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

About CannabisNewsWire

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

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420 with CNW – Yale Teams Up With Weed Company to Study Effects of Cannabis on Stress

The Yale School of Medicine and CT Pharmaceuticals Solutions Inc. have teamed up to conduct a study on the impact of medical marijuana on stress and mental health.

On Friday, Yale and CT Pharmaceuticals announced that they would be conducting a phase-one study on the effects of a variety of cannabis strains with medicinal qualities for alleviating pain and stress. They will also examine other conditions such as PTSD (post-traumatic stress disorder), and opioid replacement.

This is a revolutionary clinical study which is the first of its kind to be approved by the state’s Department of Consumer Protection (DCP) medical marijuana research program to study stress and mental health, said Yale.

The study on stress and mental health will advance CT Pharma’s current research which involves human subjects. CT Pharma’s current research was started in 2016 by Yale’s Dr. Rajita Sinha.

In 2017, the Food and Drug Administration (FDA) gave Sinha in collaboration with the CT Pharma, a go-ahead for an Investigational New Drug application to examine how marijuana products affect subjective and physical responses to stress and pain.

In a news release, Sinha said that there is an increase in the consumption of medical marijuana in America, and it is crucial to understand how it helps in relieving a patient’s symptoms. She further said that the study should come up with new findings on pain and stress management in patients using medical marijuana. It should also contribute to the development of new CBD-based treatments.

The first phase of the study will examine males and females between the ages of 21-45. They must be recreational weed consumers who do not qualify for MMJ cards. The second phase will include men and women suffering from chronic pain between the ages of 21-60. Each of the study participants will be provided with placebo and cannabidiol (CBD). CBD is the non-psychoactive compound of marijuana, famous for its healing and wellness benefits.

The study will also assess marijuana’s side effects, such as increased heart rate, systolic, and diastolic blood pressure as well as other clinical symptoms.

The study on stress and mental health comes days after the Connecticut lawmakers added new conditions such as interstitial cystitis, intractable neuropathic pain, medial arcuate ligament syndrome, and Tourette syndrome to the medical marijuana program. The Connecticut MMJ program now has 36 qualifying conditions for adults and 10 for patients under 18 years.

According to CT Pharma, there are 37,927 patients in the MMJ program, 1,196 certified physicians, 15 licensed dispensaries, and four producers in Connecticut. The largest concentration of registered patients is in Hartford, Fairfield, and New Haven.

CT Pharma has 40 employees, and it is planning to expand by moving into a larger facility, which is 173,000 square-foot located in Rocky Hill. The facility was previously occupied by a pharmaceutical company known as McKesson Corp.

This kind of independent research is what marijuana industry players like Youngevity International Inc. (NASDAQ: YGYI) and Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) have always wanted to see so that the public can be reassured that when the industry says marijuana is beneficial, it is true.

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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HempNewsBreaks – Youngevity International Inc.’s (NASDAQ: YGYI) CLR Roasters Granted Exclusive Rights for Hemp Grow and Hemp Oil Extraction in Nicaragua

Youngevity International (NASDAQ: YGYI), together with its wholly-owned subsidiary CLR Roasters, today announced expansion of its operating partnership with H&H Coffee Group Export. Under the exclusive arrangement, the parties will cultivate hemp grow and the extraction of hemp derived cannabinoids into hemp-based crude oil in Nicaragua’s Chagüitillo, Sebaco – Matagalpa region for sales and distribution of hemp derived ingredients abroad.  The program will leverage YGYI’s Khrysos Industries’ intellectual property, which manufactures Hyper Super Critical CO2 extraction systems, with CLR Roasters and H&H’s expertise in agriculture and the creation of field to finish products. “We have invested heavily in our Nicaragua based operations over the last several years. We believe we are now beginning to recognize sustainable returns on this investment,” Youngevity president and CFO Dave Briskie said in the news release. “We have immense gratitude for the hard work and dedication provided by Ernesto Aguila, the President of our Coffee operations, and with our loyal partners Alain Piedra Hernandez and Marisol Siles of H&H. We strongly believe that this new venture will further strengthen our partnerships in Nicaragua and anticipate that this project will open up opportunities for other countries in Central America.”

To view the full press release, visit http://cnw.fm/oj6D4

About Youngevity International Inc.

Youngevity International Inc. is a multi-channel lifestyle company operating in three distinct business segments, including a commercial coffee enterprise, a commercial hemp enterprise and a multi-vertical omni direct selling enterprise. The company features a multi country selling network and has assembled a virtual Main Street of products and services under one corporate entity. YGYI offers products from the six top-selling retail categories: health/nutrition, home/family, food/beverage (including coffee), spa/beauty, apparel/jewelry and innovative services. For more information, visit the company’s website at www.YGYI.com

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

About HempWireNews

HempWireNews (HWN) 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. HNW 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. HempWireNews (HWN) is where HEMP news, content and information converge.

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

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CannabisNewsBreaks – Youngevity International Inc. (NASDAQ: YGYI) to Host Conference Call to Review 2019 Q3 and Nine-Month Results and Provide Corporate Update

Youngevity International (NASDAQ: YGYI), a multi-channel lifestyle company operating in three distinct business segments including a commercial coffee enterprise and its newly acquired commercial hemp enterprise, today announced its plans to host a conference call to discuss the company’s financial results for the quarter ending September 30, 2019. According to the update, the call is scheduled to take place at 4:15 p.m. Eastern Standard Time (1:15 p.m. Pacific Standard Time) on Wednesday, November 13, 2019, the same day that YGYI intends to release the results. Youngevity’s senior management will host the call, led by chairman and CEO Steve Wallach and joined by president and CFO Dave Briskie. Interested parties may join the conference by dialing 1-877-870-4263 (toll free) or 1-412-317-0790 (international) and referring to the “Youngevity International Call.” The webcast will be accessible in the Investors section of the company’s website, with an archived webcast available for replay on the Youngevity website approximately one day after the event.

To view the full press release, visit http://cnw.fm/YD7lH

About Youngevity International Inc.

Youngevity International Inc. is a multi-channel lifestyle company operating in three distinct business segments, including a commercial coffee enterprise, a commercial hemp enterprise and a multi-vertical omni direct selling enterprise. The company features a multi country selling network and has assembled a virtual Main Street of products and services under one corporate entity. YGYI offers products from the six top-selling retail categories: health/nutrition, home/family, food/beverage (including coffee), spa/beauty, apparel/jewelry and innovative services. For more information, visit the company’s website at www.YGYI.com

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

About CannabisNewsWire

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

To receive instant SMS alerts, text CANNABIS to 21000 (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: http://CNW.fm/Disclaimer

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HempNewsBreaks – Youngevity International Inc.’s (NASDAQ: YGYI) Khrysos Industries Granted Registered Hemp Seed Dealer License in the State of Florida

Youngevity International (NASDAQ: YGYI), a leading multi-channel lifestyle company operating in three distinct business segments, together with its wholly owned subsidiary, Khrysos Industries, Inc., today announced the granting of a Hemp Seed Dealer License to Khrysos by Florida’s Agricultural Environmental Services Bureau of Licensing and Enforcement. “Khrysos Industries, in anticipation of being granted the seed dealer license, has already purchased Six 45 X 8 Hemp Seed Grow Houses complete with auto temperature and humidity-controlled systems with all houses containing UV lighting systems and automated irrigation,” Khrysos President Dr. Dwayne Dundore said in the news release. “These automated climate control grow houses all are housed with dehumidification systems and will be located on our 45-acre tract of land in Central Florida.”

To view the full press release, visit http://cnw.fm/87VrP

Khrysos Industries, Inc.

Khrysos Industries is a leading manufacturer of commercial hemp-based CBD extraction, post processing equipment, and end-to-end processor of CBD isolate, distillate, water soluble Isolate, and water-soluble distillate. Its subsidiary, INX Laboratories provides a broad range of testing services including potency analysis for its supply partners of hemp derived CBD products. Khrysos provides hemp growers, feedstock suppliers, and CBD crude oil producers the use of equipment, intellectual capital, production consultancy, tolling services, and wholesale CBD channel sales capabilities. Khrysos Industries was acquired by Youngevity International (NASDAQ: YGYI) on February 12th, 2019. For more information, visit the company’ website at www.KhrysosGlobal.com.

About Youngevity International Inc.

Youngevity International Inc. is a multi-channel lifestyle company operating in three distinct business segments, including a commercial coffee enterprise, a commercial hemp enterprise and a multi-vertical omni direct selling enterprise. The company features a multi country selling network and has assembled a virtual Main Street of products and services under one corporate entity. YGYI offers products from the six top-selling retail categories: health/nutrition, home/family, food/beverage (including coffee), spa/beauty, apparel/jewelry and innovative services. For more information, visit the company’s website at www.YGYI.com.

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

About HempWireNews

HempWireNews (HWN) 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. HNW 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. HempWireNews (HWN) 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.HempWireNews.com

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

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CannabisNewsBreaks – Youngevity International Inc. (NASDAQ: YGYI) Completes BeneYOU, LLC Acquisition

Youngevity International (NASDAQ: YGYI), a leading multi-channel lifestyle company operating in three distinct business segments, today announced that is has closed the acquisition of BeneYOU, LLC’s assets with an effective date of November 1, 2019. According to the update, BeneYOU’s flagship brand Jamberry has a core competency in social selling with an extensive line of nail products, Avisae focuses on gut health and M.Global delivers hydration products. “We are proud to welcome the customers and distributors of Jamberry, Avisae and M.Global into our organization and we look forward to showcasing all of their exciting products to Youngevity distributors and customers around the world,” Youngevity founder and CEO Steve Wallach said in the news release. “We anticipate the strong potential for cross marketing and promotional opportunities as we expose our product portfolio to the over 3 million customers and distributors within the database of these exciting brands.”

To view the full press release, visit http://cnw.fm/0Wz5M

About Youngevity International Inc.

Youngevity International Inc. is a multi-channel lifestyle company operating in three distinct business segments, including a commercial coffee enterprise, a commercial hemp enterprise and a multi-vertical omni direct selling enterprise. The company features a multi country selling network and has assembled a virtual Main Street of products and services under one corporate entity. YGYI offers products from the six top-selling retail categories: health/nutrition, home/family, food/beverage (including coffee), spa/beauty, apparel/jewelry and innovative services. For more information, visit the company’s website at www.YGYI.com

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

About CannabisNewsWire

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

To receive instant SMS alerts, text CANNABIS to 21000 (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: http://CNW.fm/Disclaimer

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

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420 with CNW – First Marijuana Wedding Expo to Showcase How Marijuana Can Be Part of Your Big Day

Phillip Wolf developed the Cannabis Wedding Expo after noticing that there was little or no exposure for cannabis services. The expo was started in Colorado in the year 2015 after noticing that young entrepreneurs were interested in the hospitality and service side of marijuana, but they did not have a clue on the ways to market themselves.

The 12th edition of Cannabis Wedding Expo will Debut in Toronto Canada this Sunday. It will be showcasing hemp gowns, bouquets made of buds, and flower vases that also serve as bongs.

The Cannabis Wedding Expo caters to couples who are looking for an alternative way to incorporate marijuana in their wedding in a tasteful manner. There will be 50 wedding experts, exceptional cannabis sellers, and bud-tenders.

According to Wolf, weed can be incorporated in other events, and they aim to show people different ways to do it. He further says that he intends to show people that apart from alcohol, weed can also be used at social events.

Wolf said, recently, there is a shift where people are seeking different options when they are out having fun. If someone does not want to have a drink, he or she can opt to smoke weed.

Clayton Armstrong is a bud-tender and co-owner of Bud Buffets says he aims to end the negative stigma linked with marijuana. Citing one of his company slogans, Armstrong said that we are past the days when people smoked weed in hiding.

Bud buffet works with events planners to make sure that they offer their clients luxury smoking and vaping accessories at their special events. The planners also make sure to moderate weed intake to the last gram.  However, the best thing for people is to bring your bud (BYOB), said Armstrong.

Jonathan Sora owns Higher Knowledge Company. The company conducts training sessions for wedding bud-tenders, teaching them how to pair a three-course meal with the three strains of marijuana. “Just like food is paired with wine,” said Sora. Sora said that the interest in his company has been soaring, and people have been very supportive.

It is a little over a year since Canada legalized marijuana; however, the means of distribution are still undefined.

Naz Neufeld, who is the co-founder of Thyme Studio, a floral design company, said that adding buds to bouquets could be termed as distribution when it’s just that, a bouquet.

According to Magnolia Pancorbo, her wedding guests are interested in the recreational nature of marijuana, so they are considering doing a weed wedding.

Wolf said that as laws regarding marijuana become more defined, people are going to incorporate weed into their events in different ways and the wedding expo is one way of showing them the possibilities of doing just that.

It would be interesting to get an honest opinion from longstanding marijuana companies like Youngevity International Inc. (NASDAQ: YGYI) and ChineseInvestors.com Inc. (OTCQB: CIIX) regarding whether they ever imagined that marijuana-themed weddings would be a reality at this point in time.

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

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420 with CNW – Two Studies Show Marijuana is Helping Patients Avoid Opioids

Two studies show that patients suffering from chronic pain are using marijuana instead of addictive pharmaceuticals to help them manage the pain.

The studies are an addition to the growing body of research on the importance of marijuana in the growing opioid crisis in the United States.

The first study, carried out by researchers from Florida International University, investigated if managing pain was the only reason people substituted opioids with marijuana. The study was published in the International Journal of Drug Policy. The researchers used data from the National Survey on Drug Use and Health when evaluating the likelihood of opioid consumption by people in states where medical marijuana is legal and where medical marijuana was not available.

The researchers used the following to evaluate the data, did the respondents use or abuse any pain relief medication in the past year, the states they resided in, and if medical cannabis was legal. They analyzed the surveyed data for the year 2015 through to 2017, which included 120,764 respondents.

The study authors concluded that an analysis of the data resulted in a multivariate logistics regression equation, which showed that a reduction in opioid usage is associated with the medical cannabis laws.

The study states that marijuana helped patients minimize their dependence on opioids significantly because in relieving pain, marijuana and opiates are on the same level; however, most patients prefer to use weed over opioids. The patient’s perception of the treatment and tolerance of the side effect is the basis of a successful treatment plan.

The second study was carried out by researchers from the San Francisco Veterans Affairs Medical Center, who asked direct questions to people on whether or not patients use medical marijuana instead of the prescribed painkillers. The study, which was published in PloS, surveyed 16,280 adults where the researchers asked participants to share information on their opioid and cannabis usage. They also asked them to note if there were any changes in the amount of opioids they used after using marijuana and why the patients substituted cannabis for opioid prescriptions.

Those who responded to the survey were more than half the number of participants, whereby 5% (486) said to have used marijuana and opioid in the past year, 43% used opioid daily, and 23% reported to have used marijuana in the past one month. The study also found that 41% of the respondents stopped or reduced their opioid consumption because of marijuana, 46% did not alter their opioid usage, and 8% increased their opioid intake.

The researchers also found that most Americans substituted marijuana for opioids, with 36% crediting it to better at pain management, 32% experienced fewer side effects, and 26% associated it to fewer withdrawal symptoms. Thirteen percent said the medicine was cheap, and the remaining thirteen percent said they used it due to social acceptance.

The two studies show the importance of mitigating opioid use and misuse when caring for patients. And, the Department of Health and Human Services (HHS) Pain Management Inter-Agency echoed the same sentiments earlier this year.

Analysts believe these findings are in line with what the cannabis industry, including actors like Youngevity International Inc. (NASDAQ: YGYI) and Therma Bright Inc. (TSX.V: THRM) (OTC: THBRF), has always known as the benefit of medical marijuana in taming the opioid crisis.

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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CannabisNewsBreaks – Youngevity International Inc. (NASDAQ: YGYI) Announces Dividend Payment Timing for October 2019 Series “D” Cumulative Redeemable Perpetual Preferred Stock

Youngevity International (NASDAQ: YGYI), a leading multi-channel lifestyle company operating in three distinct business segments, today announced the timing for the payment of its declared regular monthly dividend of $0.203125 per share of its 9.75% Series D Cumulative Redeemable Perpetual Preferred Stock (NASDAQ: YGYIP) for October 2019. According to the update, the dividend will be paid in cash and will be payable on November 15, 2019, to holders of record as of October 31, 2019.

To view the full press release, visit http://cnw.fm/7cKAl

About Youngevity International Inc.

Youngevity International Inc. is a multi-channel lifestyle company operating in three distinct business segments, including a commercial coffee enterprise, a commercial hemp enterprise and a multi-vertical omni direct selling enterprise. The company features a multi country selling network and has assembled a virtual Main Street of products and services under one corporate entity. YGYI offers products from the six top-selling retail categories: health/nutrition, home/family, food/beverage (including coffee), spa/beauty, apparel/jewelry and innovative services. For more information, visit the company’s website at www.YGYI.com.

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

About CannabisNewsWire

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

To receive instant SMS alerts, text CANNABIS to 21000 (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: http://CNW.fm/Disclaimer

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420 with CNW – Ruling Party in Scotland Supports Decriminalizing Drugs

On Sunday, Scottish National Party delegates, in a unanimous vote, approved a resolution calling for the decriminalization of drug possession and consumption.

The lawmakers representing the Scottish National Party, which is the third-largest party in the UK Parliament, in a conference in Aberdeen, argued that the parliament should remove criminal charges from drug offenses, and addiction should be addressed as a public health problem so as to control the overdose crisis in Scotland.

The resolution is an amendment to the 1971 Misuse of Drugs Act which states that we are in the 21st century and the current law is not apt; therefore, a provision should be added that permits removal of criminal penalties for possession and consumption of controlled medicine such as marijuana so that physicians can use it as treatment for those who need it.

The SNP Members of Parliament introduced the measure. These include Tommy Sheppard, Ronnie Cowan, and Alison Thewliss.

According to Sheppard, instead of the Scotland law enforcement agencies focusing on the organized criminals at the top, their primary focus is on the weak and vulnerable.

If the UK government does not pursue the proposed reform, then it should give the power to Scotland because they will take the necessary steps to approve the motion, added Sheppard.

Many people who have experienced trauma most often self-medicate, which eventually leads to addiction, notes Cowan.

Cowan said that decriminalization places drugs in a health area such as dispensary, thus demystifying the medicine. He further added that drug laws are all about one’s mindset, and once the drug is decriminalized, the mindset changes, and this allows you as a physician to treat people as human beings, and as a result, the recovery process is started.

Conferences held in the past by the Scottish National Party had seen the approval of proposed drug reforms, such as establishing safe consumption sites that would help people transition into treatment, thus, preventing overdoses, Common Space Reports. The UK Parliament has resisted such harm reduction policies, and this has frustrated reform advocates.

A Royal Commission whose work is to review the country’s drug laws if voted by the majority will be launched, announced the Labour Party last month.

Thewliss said that the UK government’s attitude toward Scotland’s drug emergency is inexcusable. He added that while the Tories at Westminster take no action, hundreds of people are dying on the street while the public is at risk of improper disposal of needles and increased transmission of blood-borne diseases.

Mhairi Hunter, the Glasgow Councillor, while at the conference, said that challenging the stigma around addiction is the same as challenging the laws criminalizing addiction.

In the U.S, lawmakers are still focused on reforming marijuana laws. According to a survey released earlier this month, about 55% of Americans support decriminalization of marijuana possession and consumption. In the course of their presidential campaign, candidate Pete Buttigieg and Tulsi Gabbard voiced their support for the policy.

Analysts think marijuana companies like Willow Biosciences Inc. (CSE: WLLW) and Youngevity International Inc. (NASDAQ: YGYI) would want the Scottish view to be adopted in more jurisdictions, especially by the U.S. federal government.

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