420 with CNW – California Firm Plans Mega Cannabis Facility in Buffalo

Flora California Prime, a cannabis company based in San Diego, intends to build a $200 million cannabis campus in Buffalo once New York legalizes recreational cannabis. Flora California Prime is undertaking the project as a joint venture with Zephyrs Investors (a real estate development firm owned by Brad Termini).

The facility would create up to 1,000 jobs during and after its construction in the vicinity of Tifft Nature Preserve in Buffalo. These people would be employed to do research work, work in the labs, be involved in manufacturing and other related activities.

Brian Termini, the co-founder of Flora California Prime revealed that they saw a major opportunity when New York started taking steps to legalize recreational marijuana.

The Buffalo Urban Development Corporation, the relevant city agency, has already approved the sale of the land to Flora at approximately $2 million, subject to an appraisal. At 47 acres, the Flora facility would be one of the largest throughout the country.

Brian Termini revealed that his company would be ready to start construction work in less than 120 days after the city grants them a permit to go ahead with the project.

However, Termini admitted that his company was not yet sure how the cannabis grown and processed at the facility would be distributed. He said that those details will emerge once the law legalizing recreational cannabis has been passed since the law will provide the guidelines that the company will comply with when designing its distribution system.

He also added that he hopes that the cannabis campus would be operational within a year, but added that no cannabis will be retailed from its premises.

The project will also involve conducting marijuana research, especially on how cannabis can be used in the treatment of cancer. The research activities will be carried out in conjunction with Roswell Park Comprehensive Cancer Institute.

It is widely expected that a recreational marijuana law will be passed in March or April this year, especially after Gov. Cuomo indicated that the passing of this law would be one of his priorities in the first 100 days of his third term in office.

The city of Buffalo is very hopeful about is economic prospects once the Flora facility is open. This is because the city has been keeping tabs on events across the border in Ontario where several multi-billion companies have emerged from the time medical cannabis was legalized in Canada.

Global Payout, Inc. (OTC: GOHE), Generation Alpha, Inc. (OTCQB: GNAL) and the entire cannabis industry wish Flora all the best in its promising undertaking in New York.

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 – Marijuana Justice Initiative Could Wipe Off Some Cannabis Convictions in Washington

Washington State Governor, Jay Inslee, issued a statement on Friday (January 4) announcing a “marijuana justice initiative” which will help residents with a single cannabis misdemeanor conviction on their record to apply for clemency.

The initiative is intended to reflect the current change regarding the status of marijuana in the state. The Democratic Governor felt that it was unfair for state residents to continue being adversely affected by a minor marijuana possession conviction long after the substance became legal to consume.

Under the initiative, approximately 3,500 people would be eligible for clemency. This estimate was arrived at after looking at the records of the misdemeanor convictions between January 1998 and December 2012.

The initiative will only be open to individuals who are residents of the state and they were prosecuted within the state. Those with more than one conviction aren’t eligible under this plan.

Similar plans to expunge marijuana criminal records in other jurisdictions have been dogged by complaints that the process is slow and expensive, sometimes not worth the effort expended. However, Washington State will process the clemency applications online, and this should expedite the process and make it affordable.

Speaking at a marijuana industry conference, the Governor said it was unfair for people to continue finding it hard to secure financing, get jobs or even accompany their kids on some excursions just because a given individual has a marijuana conviction dating way back. Wiping such convictions from the criminal record of the affected people would allow them to have as much of a normal life as possible in light of the way marijuana law has evolved in the state.

The website through which eligible individuals can apply for clemency has a form that one must fill out. It is not clear at this point what else will be required once someone has filled that form. It is also not known how long the clemency application will take before an applicant knows the outcome of the application.

For now, everyone in the industry, including Global Payout, Inc. (OTC: GOHE) and Generation Alpha, Inc. (OTCQB: GNAL) are glad that the past will no longer unjustifiably haunt people who were found guilty of possessing small amounts of a substance that is now legal.

Those who aren’t directly affected by such a blot on their history may think that the marijuana justice initiative is too little and too late, but tell that to someone who wants to buy a home and his or her financier rejects the mortgage application after doing a background check on the person. The initiative may just be what a person needs to hope and believe in a better future.

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420 with CNW – Mexico to Consult Other Countries on Cannabis Legalization, Minister Reveals

The election of a new government in Mexico paved the way for quick steps to be made towards the legalization of recreational cannabis. Now the foreign minister of the country has told a Mexican Senate committee that lessons are going to be drawn from countries and jurisdictions where legalization has already occurred.

The government officials will visit Uruguay and Canada, as well as California and other U.S. states where recreational and medical cannabis are legal. Apparently, a Mexican team has already visited Canada to learn about this important process.

Additionally, a bill was filed before the Mexican Senate last month seeking to legalize recreational cannabis in the country.

Several factors have worked together to bring Mexico to this point regarding its policy on marijuana.

First, its war on the drug has only caused violence to spiral out of control, with gangs battling each other and the authorities on an almost daily basis. People grew weary of that endless war and started calling for another way to deal with the problem.

Secondly, the U.S. has been the biggest ally of the Mexican authorities in their battle against marijuana and other drugs (which were ultimately smuggled into the US). However, the Mexicans started questioning the wisdom of going on with an endless fight while a wave of cannabis legalization is sweeping across the states in the US. The Mexicans may have felt that it was time to take a leaf from the book of California, Colorado and the other more than 30 states where cannabis is legal either for recreational or medicinal use.

Thirdly, and perhaps most importantly, the Supreme Court of Mexico made a fifth ruling to the effect that private individuals could not be stopped from growing and consuming cannabis if they so wished.

What was significant about making a fifth ruling?

Under Mexican law, any matter upon which the Supreme Court makes five similar rulings automatically sets a precedent that all other courts in the country must follow. Consequently, the fifth ruling that it was unconstitutional to stop an adult from consuming marijuana meant that no court in the country could deny anyone permission to grow and consume cannabis.

The decision to pass appropriate laws regulating the consumption of cannabis was therefore a necessary step to put into practice what the Supreme Court had already authorized by default.

It is commendable that the Mexican authorities have decided to listen to, and learn from several jurisdictions that have walked the legalization path before them. There is no need to try and reinvent the wheel when lessons abound regarding what to do and what to avoid during this journey.

Global Payout, Inc. (OTC: GOHE) and Generation Alpha, Inc. (OTCQB: GNAL) applaud the rational way in which the Mexican government is approaching cannabis adult-use legalization.

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420 with CNW – Cannabis Cooking Classes Equip Maryland Patients with Edibles Making Skills

A couple that owns a gourmet condiment company in Baltimore has branched into a new niche of teaching medical cannabis card holders how to cook with cannabis. Will Parks and his wife Gwenele Parks decided to branch into cooking with cannabis because they are certified medical cannabis patients and needed other ways to consume their medicine instead of being restricted to smoking it. They imagined, and rightly so, that other patients were interested too.

Maryland banned edibles from its medical marijuana program, but the Parkses and others have partnered with some medical cannabis dispensaries in the state to teach people how to blend marijuana into various foods at home.

In order to avoid flouting the law, Will Parks and his wife don’t use actual cannabis as they conduct their cooking with cannabis classes. Instead, they use ordinary ingredients while teaching the concepts of infusing food with cannabis.

The couple has so far held six classes since July, with some sessions being sold out. Infusing food with cannabis makes the effects of the cannabis last longer since food isn’t digested and absorbed as quickly as smoking cannabis.

The number of patients on the medical cannabis program has been growing rapidly. For example, by November, the registered patients had more than doubled from the 22,437 who had got medical cannabis cards in April. This massive growth is fueling the demand for the lessons offered by the Parkses.

Many patients, such as Kiara Walker, said that they attended the classes in order to get skills to make edibles. The edibles can be carried around discreetly without attracting any of the stigma that is still directed towards those who smoke cannabis.

However, some people still regard cannabis edibles as another avenue for recreational users to abuse cannabis. Will Parks thinks such an attitude is wrong because people can abuse anything, including food and alcohol.

He emphasizes that the lessons he and his wife conduct pay a lot of attention to cannabis dosing so that patients aren’t exposed to the side-effects of consuming too much cannabis at once. Furthermore, this information on dosing is vital given that the effects of cannabis don’t start as quickly as is the case when you smoke the substance.

That wait time can expose you to the risk of eating too much, so knowledge about dosing requirements will safeguard you against that risk.

Will and his wife don’t just teach and leave it at that. They go a step further and give their students a packet of written instructions so that the people who attend the cooking classes can experiment with different recipes while at home.

This, however, doesn’t seem to quieten the critical voices against cannabis edibles and the classes organized by people like Will Parks and his wife. They say cannabis edibles can still end up in the hands of minors, but such critics forget that medical cannabis is also kept at home where minors may access it if care isn’t taken. Similar precautions are taken to keep edibles out of the wrong hands.

Nonetheless, Generation Alpha, Inc. (OTCQB: GNAL), Global Payout, Inc. (OTC: GOHE) and other participants in the marijuana industry applaud the creativity of Will and Gwenele Parks.

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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 – Iowa Doctors Reluctant to Embrace Medical Marijuana Program

Iowa is set to launch its new medical marijuana program on December 1 but the doctors within the state seem lukewarm towards this development. Currently, only 325 out of the 7,000 doctors in the state have certified patients to start receiving medical marijuana.

Under Iowa state law, doctors cannot prescribe medical marijuana since it is a controlled substance. They can only give patients written confirmation of the condition for which the patients are eligible to enroll on the medical marijuana program.

The patient can then buy medical cannabis from authorized dispensaries after receiving a medical cannabis card from the state. So far, approximately 600 patients have been certified to get on the medical cannabis program.

Many doctors, such as oncologist Richard Deming, say that they are uneasy about participating in the program because they haven’t seen any scientific research to prove that cannabis has medicinal value.

He also adds that it is hard to recommend a treatment when there isn’t any information regarding the dosing levels for the substance that someone will take as medicine. Deming added that the whole program is different from the way doctors were trained to administer medicine or provide health care.

The Des Maine oncologist ends by saying that it would be helpful if the federal government eased the restrictions on marijuana research so that more scientific data can become available on the medicinal uses of cannabis.

The views of Dr. Deming were echoed by another doctor, Steven Adelman. The physician has only certified a single patient so far. He says more cannabis research is needed to address the concerns of the medical professionals.

Dr. Adelman says that in the present circumstances, one would conclude that the hype about the medical uses of cannabis has gone ahead of any scientific basis for those claims. This needs to be corrected, he adds.

The operators of the licensed medical cannabis dispensaries feel frustrated by the reluctance of doctors to take the first step needed to get patients on the medical marijuana program. They feel that a great disservice is being done to patients since some are reporting that they are finding it difficult to discuss medical cannabis with their primary healthcare givers.

It is unfortunate that such issues are coming up when the state has just expanded the list of qualifying conditions from only uncontrollable seizure disorders and intractable epilepsy to the current list that has nearly two dozen qualifying conditions.

However, there is hope that more doctors will come on board as more awareness drives are conducted to allay any fears they may have. FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF), Generation Alpha, Inc. (OTCQB: GNAL) and other industry players would love to see the concerns of the doctors addressed quickly so that patients can get the care they need.

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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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Cannabis Industry Stays in Spotlight with Ongoing Developments

CannabisNewsWire Editorial Coverage: Profitability and more widespread legality are drawing fresh investment to the cannabis sector.

  • Major investors and outside companies are putting big money into cannabis.
  • Undervalued companies provide good opportunities for new investors in the sector.
  • Following the legalization of recreational cannabis in Canada, companies in the United States are seeing even larger market caps.
  • As attitudes change, more cannabis companies are expected to soon be listed on major U.S. exchanges.

With a strong pick-and-shovel strategy alongside recent direct investment in cannabis, Generation Alpha, Inc. (OTCQB: GNAL) (GNAL Profile) is among the cannabis companies seeing good growth. Tilray, Inc. (NASDAQ: TLRY) is moving to benefit from fresh investor interest through public offerings in Canada and the United States. Canopy Growth Corp. (NYSE: CGC) (TSX: WEED) has benefited from a substantial investment from Constellation Brands, Inc. (NYSE: STZ), the result of a trend in which U.S. alcohol and tobacco companies eye up cannabis. The industry’s upward trend is also reflected in…

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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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DISCLAIMER: CannabisNewsWire (CNW) is the source of the Article and content set forth above. References to any issuer other than the profiled issuer are intended solely to identify industry participants and do not constitute an endorsement of any issuer and do not constitute a comparison to the profiled issuer. The commentary, views and opinions expressed in this release by CNW are solely those of CNW. Readers of this Article and content agree that they cannot and will not seek to hold liable CNW for any investment decisions by their readers or subscribers. CNW is a news dissemination and financial marketing solutions provider and is NOT registered broker-dealers/analysts/investment advisers, hold no investment licenses and may NOT sell, offer to sell or offer to buy any security.

The Article and content related to the profiled company represent the personal and subjective views of the Author, and are subject to change at any time without notice. The information provided in the Article and the content has been obtained from sources which the Author believes to be reliable. However, the Author has not independently verified or otherwise investigated all such information. None of the Author, CNW, or any of their respective affiliates, guarantee the accuracy or completeness of any such information. This Article and content are not, and should not be regarded as investment advice or as a recommendation regarding any particular security or course of action; readers are strongly urged to speak with their own investment advisor and review all of the profiled issuer’s filings made with the Securities and Exchange Commission before making any investment decisions and should understand the risks associated with an investment in the profiled issuer’s securities, including, but not limited to, the complete loss of your investment.

CNW HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and CNW undertakes no obligation to update such statements.

420 with CNW – Why Michigan May Have Decided to Levy Lower Cannabis Taxes

Michigan voters approved recreational marijuana in the recent mid-term elections and the state is now one of those with the lowest tax rates for cannabis. Didn’t Michigan need the revenue marijuana can bring? Was it playing for higher stakes? Several arguments can explain why Michigan chose the path it took.

First could have been concerns about the black market. The tax policy implemented by any state that legalizes marijuana influences whether consumers keep buying from the black market or switch to the legal product.

Michigan seems to have learnt from the pioneer states that legalized cannabis first. California has some of the highest taxes on marijuana, and it continues to struggle with the black market since illicit marijuana still costs much less than the marijuana from regulated suppliers.

Not many consumers would be willing to pay higher prices just because what they are buying is putting money in state coffers.

The low taxes set by Michigan may be geared at driving out the black market since the legal product would be priced competitively.

Secondly, Michigan may have designed their marijuana tax policy with cannabis companies in mind. Industry players are struggling to stay competitive and profitable in the states where taxes are very high.

The prospect of setting up shop in a state with low taxes may be attractive enough to lure many players into the Michigan cannabis space.

The third possible reasons why Michigan may have decided to levy lower taxes on recreational cannabis is the need to make the product affordable to as many willing consumers as possible.

The projections of the potential volume of retail sales often factor in how many people will consume the product on a regular basis. Those calculations can come to nothing if the target buyers see it as too expensive for them to afford.

Imposing lower taxes may therefore be a smart move to bring more consumers into the industry so that the sector can have a sustainable client base.

Generally speaking, taxes on marijuana have been falling as more states legalize adult-use cannabis. California and Washington which impose taxes in the range of more than 40 percent are increasingly becoming isolated as other jurisdictions levy lower taxes.

Fortunately, voters seem to have understood the logic behind the tax policy in Michigan. They voted the ballot measure through, unlike the voters in North Dakota who voted against the proposal.

It remains to be seen whether the reasoning behind the low cannabis taxes in Michigan bears fruit or not. Generation Alpha, Inc. (OTCQB: GNAL), Global Payout, Inc. (OTC: GOHE) and other industry players wish Michigan all the best on the journey it has started as one of the latest states to permit recreational cannabis use.

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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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Political Wins Hold Promise for Strong Cannabis Strategies

CannabisNewsWire Editorial Coverage: State ballots and the departure of Jeff Sessions have led to fresh confidence in the cannabis sector.

  • The cannabis industry is going through a period of huge growth.
  • Two states recently voted to legalize medical cannabis and one voted to legalize recreational cannabis.
  • The departure of Jeff Sessions removes a significant block for the industry.
  • A variety of strategies—some focused on product and others on support services—are emerging to make the most of this market.

Generation Alpha, Inc. (OTCQB: GNAL) (GNAL Profile) has developed a dual strategy to make the most of this opportunity, investing in both product and supplies for producers. MedMen Enterprises, Inc. (CSE: MMEN) (OTCQX: MMNFF) is financially supporting further legal reform while building up a cultivation and retail business across several states. KushCo Holdings Inc. (OTCQB: KSHB) has grown from a packaging company to one providing a range of support services. As new niches emerge, The Green Organic Dutchman (OTCQX: TGODF) (TSX: TGOD) is staking its claim through a focus on organic, sustainably grown cannabis. Even non-cannabis companies are profiting from this growth, with Scotts Miracle-Gro Company (NYSE: SMG) investing in hydroponics offerings that will supply…

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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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DISCLAIMER: CannabisNewsWire (CNW) is the source of the Article and content set forth above. References to any issuer other than the profiled issuer are intended solely to identify industry participants and do not constitute an endorsement of any issuer and do not constitute a comparison to the profiled issuer. The commentary, views and opinions expressed in this release by CNW are solely those of CNW. Readers of this Article and content agree that they cannot and will not seek to hold liable CNW for any investment decisions by their readers or subscribers. CNW is a news dissemination and financial marketing solutions provider and is NOT registered broker-dealers/analysts/investment advisers, hold no investment licenses and may NOT sell, offer to sell or offer to buy any security.

The Article and content related to the profiled company represent the personal and subjective views of the Author, and are subject to change at any time without notice. The information provided in the Article and the content has been obtained from sources which the Author believes to be reliable. However, the Author has not independently verified or otherwise investigated all such information. None of the Author, CNW, or any of their respective affiliates, guarantee the accuracy or completeness of any such information. This Article and content are not, and should not be regarded as investment advice or as a recommendation regarding any particular security or course of action; readers are strongly urged to speak with their own investment advisor and review all of the profiled issuer’s filings made with the Securities and Exchange Commission before making any investment decisions and should understand the risks associated with an investment in the profiled issuer’s securities, including, but not limited to, the complete loss of your investment.

CNW HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and CNW undertakes no obligation to update such statements.