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FridaySep 24, 2021 4:20 pm

420 with CNW ­­— House Committee Approves Provision Removing Ban on Education Tax Credit for Drug Convicts

Last week, the House Ways and Means committee passed a budget reconciliation legislation that contains a provision to remove a ban which hinders individuals with drug convictions from using education-related tax credits. The committee agreed to remove the restriction, which prevents people with felony drug convictions at the federal or state level from claiming the American Opportunity Tax Credit. Individuals are currently allowed to claim this tax benefit for expenses paid for course materials, fees and tuition for higher learning. The provision was enacted in 2009. Rep. Danny Davis has been calling for an end to it, with Sen. Chris…

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FridaySep 24, 2021 9:30 am

BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) Ideally Situated in Burgeoning Cannabis Beverage Sector

EMR report projects that North America is likely to be fastest, largest marketplace for cannabis beverages Cannabis beverage industry projected to grow at CAGR of 48% in the next five years, reaching an anticipated $12.7 billion by 2026 BevCanna manufactures its own beverage product lines, offers white-label services to companies looking for the highest-quality products available North America will be a leader in the global cannabis beverage market, according to a recent Expert Market Research (“EMR”) report (https://cnw.fm/QAPcL). This projection bodes well for BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC), a diversified health & wellness beverage and natural products…

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FridaySep 24, 2021 9:30 am

Lexaria Bioscience Corp.’s (NASDAQ: LEXX) Solution for Faster and More Effective Drug Delivery

One of the main challenges with drug delivery and the overall effectiveness of the drugs is first-pass metabolism/excretion  Lexaria solves this problem with its DehydraTECH(TM) drug delivery technology Since the company began working on this technology back in 2014, it has made major strides in the delivery of hypertension and anti-viral treatments Since its inception, Lexaria Bioscience (NASDAQ: LEXX) has remained committed to enhancing the speed and overall efficiency of orally delivered fat-soluble active molecules in drugs. With its drug delivery technology, DehydraTECH(TM), the company has aided in developing hypertension and anti-viral treatments (https://cnw.fm/xwiio). This is a big achievement for…

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FridaySep 24, 2021 4:20 am

420 with CNW — Survey Finds Young People Are Switching to Hallucinogens, Cannabis

A new survey has found that patterns of substance use are changing among the younger generation, with the use of hallucinogens and cannabis rising while alcohol is becoming increasingly unpopular. The survey was designed to offer insight into the trends of national drug use among young adults annually and began gathering data in the mid-1970s. These findings were reported in “Monitoring the Future,” a publication by the Institute for Social Research at the University of Michigan. The results show that the use of cannabis last year continued to rise, as observed in previous years, with the use of hallucinogens such…

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ThursdaySep 23, 2021 4:20 pm

420 with CNW — 80 Leading Law Enforcement Officials Call on Supreme Court to Take on Safe Drug Injection Case

America’s response to the drug-abuse epidemic has been woefully inefficient and, according to most experts, counterproductive. Since 1999, nearly 841,000 people have died from a drug overdose, and the country’s choice to address drug abuse and addiction as a criminal issue rather than a health matter has only exacerbated the problem. As it is widely acknowledged that the war on drugs was an unmitigated failure, drug-reform experts have proposed numerous public health-focused solutions that would see individuals suffering from drug addiction are given the proper medical care they deserve. One of these solutions has been quite controversial and faces an…

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ThursdaySep 23, 2021 9:40 am

Simply Sonoma Inc. Establishing Organic Presence in Multibillion-Dollar CBD Industry

Statista report notes that the global cannabidiol market size is expected to expand at a compound annual growth rate of 21.2% from 2021 to 2028 Increasing awareness of CBD’s therapeutic benefits have influenced buyers to buy cannabidiol products, regardless of their cost Simply Sonoma, a CBD company focused on building a reputation as a leader in plant-based medicinal health and beauty products A recent Yahoo.finance article touted the growth of the CBD market, a sector that has seen steady growth even during the pandemic (https://cnw.fm/0O8Oi). Titled “CBD Market to Grow to $16 Billion by 2026 — Should You Invest?,” the…

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ThursdaySep 23, 2021 9:00 am

Sugarmade Inc. (SGMD) Signs Agreement to Gain Key Licenses for Planned Cannabis Delivery Expansion

SGMD anticipates using the licenses for three new vertically integrated Nug Avenue cannabis delivery hubs Each of the licenses can be used for up to three of five categories of licensed cannabis-related business activities Definitive agreement aligns with announcement that Sugarmade has acquired LA property for first of new Nug Avenue cannabis delivery hubs In its continued focus on building is cannabis delivery interests, Sugarmade (OTC: SGMD) has signed a definitive agreement to obtain three nonstorefront California cannabis licenses from the Los Angeles Department of Cannabis Regulation (“DCR”), along with corresponding licenses from the California Bureau of Cannabis Control (“BCC”)…

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ThursdaySep 23, 2021 4:20 am

420 with CNW — Hemp Industry Experts Say Regulations Would Boost Sector

For nearly a century, hemp has been at the mercy of prohibitionist policies that outlawed the cultivation and sale of industrial hemp in America. But after the 2018 Farm Bill legalized hemp and allowed states that were interested to create hemp programs, a robust industry quickly grew around the plant. By the end of 2020, the U.S. hemp industry had generated nearly $10 billion in sales, partly due to the rising popularity of cannabidiol (“CBD”), a hemp extract said to have potent medical properties. However, the industry is barely regulated by the federal government. Each state has its own rules,…

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WednesdaySep 22, 2021 4:20 pm

420 with CNW — How Hemp Growers Can Safeguard Produce from Disasters

Floods and hurricanes affecting states in the East and drought conditions prevailing across the country, particularly in the Western region, have made this year’s conditions for crop production unpredictable. To protect their investments, cannabis and hemp producers are working to secure insurance for their crops. However, this is not an easy feat, considering hemp has been federally illegal for a longer period of time than it has been legal. Hemp was legalized under the 2018 Farm Bill, which allowed producers to pay for private insurance policies as well as secure crop insurance through the Department of Agriculture. As more states…

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WednesdaySep 22, 2021 9:15 am

American Cannabis Partners Does Things Differently, Cash Positive and Focused on People

ACP created a cash flow positive model that protects shareholders Privately owned American Cannabis Partners (“‘ACP”), a multistate operator creating a sustainable Jamaican cannabis experience, has created a cash flow positive business model that protects shareholders and the company regardless of the fluctuations in the industry. ACP’s CEO, Stephen Jordan worked in the cannabis business for three years in Jamaica. He brought those relationships, and employees with 30-40 years of experience in cultivation, back with him to California when recreational cannabis became legal in 2018. The company currently operates in Northern California and Michigan with plans to expand into a…

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