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TuesdayMay 25, 2021 4:20 am

420 with CNW — Connecticut Legislators in Discussions with Governor about Marijuana Legalization

Gov. Ned Lamont will be meeting lawmakers in his office in the coming week to finalize negotiations on a plan to legalize cannabis in the state of Connecticut. A recent poll shows that the majority of voters in the state support the change in policy. Enacting the reform, which has been an objective of various legislators as well as Lamont’s administration, has become a top priority now that the legislative session will be coming to a close less than a month from now. Several meetings on the issue have been held to decide what a legal marijuana market should look…

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MondayMay 24, 2021 4:20 pm

420 with CNW — Poll Shows Mississippi Voters Favor Impeaching Justices Who Voided Medical Marijuana Measure

A majority of Americans support legalizing cannabis, at least for medical purposes, and the numbers show it. In Mississippi, for instance, voters approved a ballot initiative to legalize medical marijuana in the state. The win was, however, overturned by the state Supreme Court after a city mayor filed a legal challenge against the citizens’ initiative, arguing that it violated procedural rules laid out by the constitution. According to a poll undertaken shortly after the ruling went public, Mississippi voters are in favor of impeaching the judges who overturned the medical marijuana ballot initiative. Mississippi-based Chism Strategies, which had provided help…

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MondayMay 24, 2021 12:05 pm

Hero Technologies Inc. (HENC) Retains IP Attorney to Assist, Advise on Cannabis Cultivation Tech 

IP attorney Alan M. Weisberg, Esq., a partner of Christopher & Weisberg, to work with company HENC committed to ensuring that IP generates maximum return for shareholders BlackBox has developed a proprietary cannabis growing system based on aeroponic cultivation technology Hero Technologies (OTC: HENC), a cannabis company focused on a vertically integrated strategy, announced that it has retained intellectual property attorney Alan M. Weisberg, Esq., a partner of Christopher & Weisberg, P.A. Weisberg will assist and advise the company as it focuses on protecting and monetizing the intellectual property of its subsidiary, BlackBox Systems and Technologies LLC (https://cnw.fm/Iz2y6). “Solidifying our cannabis intellectual…

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MondayMay 24, 2021 10:34 am

Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Acquires Acreage Holdings Florida Operations

Completed acquisition of Acreage Florida, Inc and related owned and leased real estate assets Licensed to operate 35 dispensaries, a processing facility and a cultivation facility in Florida Florida cannabis market is poised for tremendous growth and it is forecasted to be a top 5 State by the year 2025 Red White & Bloom Brands (CSE: RWB) (OTCQX: RWBYF), the torchbearer for a new, higher standard in the American cannabis industry, has announced its new subsidiary RWB Florida LLC, has completed the acquisition of Acreage Florida, Inc. and the related owned and leased real estate assets (https://cnw.fm/xJfKg). This deal includes…

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MondayMay 24, 2021 4:20 am

420 with CNW — Minnesota Legislators Vote to Expand State Medical Marijuana Program

Legislators in the state of Minnesota recently voted to allow the expansion of its medical marijuana program, which will permit patients to smoke the dried flower. The state of Minnesota has allowed the use of medical marijuana since May 2014 when then-Gov. Mark Dayton signed into law a legislation that legalized cannabis for the treatment of several medical ailments, including Crohn’s disease, ALS, Tourette’s syndrome, glaucoma, HIV/AIDS, epilepsy and cancer. Despite this, it only permitted the use of the plant in pill, oil and liquid forms. Medical marijuana activist Patrick McClellan stated that this latest move was an important change.…

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FridayMay 21, 2021 4:20 pm

420 with CNW — Alabama Governor Appends Signature to Medical Cannabis Legalization Bill

Medical marijuana patients in the state of Alabama have something to be happy about after Governor Kay Ivey signed a medical cannabis bill that was sent to her desk last month after gaining the Legislature's approval. The bill, which had cleared two House Committees before heading to the Senate for its final approval, was sponsored by Senator Tim Nelson. On top of allowing patients with qualifying conditions to access medical marijuana, the bill would also establish a commission to oversee licensing and implement the regulations for the state's medical cannabis program. When the legislation first hit Ivey's desk, she said…

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FridayMay 21, 2021 9:00 am

BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) Is ‘One to Watch’

The BevCanna team has decades of combined experience creating, branding and manufacturing iconic brands that resonate with consumers on a global scale BevCanna owns and operates world class infrastructure, including a 40,000-square-foot, HACCP certified manufacturing facility with a current bottling capacity of up to 210 million bottles per year for both traditional and cannabis-infused beverages, and an alkaline spring water aquifer located onsite The company delivers a diverse portfolio of beverages and nutraceuticals for both in-house brands and white labeled products BevCanna leverages a proven direct-to-consumer e-commerce strategy to sell a range of natural health products throughout North America and…

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FridayMay 21, 2021 4:20 am

420 with CNW — How the State of New York Plans to Tax Marijuana

Last month, New York Gov. Andrew Cuomo approved a legislation legalizing marijuana and its possession for individuals aged 21 and above in the states. However, the substance will not be available for legal sale until 2022. The governor and his aides expect that this move will create 60,000 employment opportunities while generating roughly $350 million in tax revenue once the industry’s up and running. While the proposed tax for recreational cannabis in the state isn’t as high as Washington, DC’s tax on the substance, it is higher than the average of the 15 states that have legalized the herb as…

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ThursdayMay 20, 2021 4:20 pm

420 with CNW — CBD Firm’s Appeal Could Allow Cannabis, Psychedelics Companies to Get Trademarks Before Legalization

The 2018 farm bill legalized industrial hemp, which is a nonpsychoactive version of cannabis, and its derivatives for cultivation and sale. The law stipulated that, as long as individuals had official approval from their states or tribes, they could cultivate hemp and sell it for use in everything from textiles and clothing to concentrates. Thanks to the federal status of hemp and cannabis, businesses in the space cannot trademark their products — but this may soon change. A CBD company that recently fell afoul of this regulation is now appealing, and if the company wins, the ruling could have implications…

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ThursdayMay 20, 2021 9:15 am

Hero Technologies Inc. (HENC) Receives Confirmation of Value of Veteran Hemp Acquisition

Company pleased that independent review has confirmed fair value of Veteran Hemp Co. asset acquisition HENC entered into purchase agreement to acquire all assets of Veteran Hemp Co. in November 2020 Hero Technologies CEO noted that "acquisition is in line with our company's growth strategy of adding accretive assets to our portfolio” Hero Technologies (OTC: HENC), a cannabis company focused on a vertically integrated strategy, has received an independent third-party valuation and purchase price allocation for its acquisition of the assets of V Broker LLC., or Veteran Hemp Co. (https://cnw.fm/hGJwu). "We are pleased that an independent review has confirmed the fair…

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