420 with CNW – Judge Faults Walmart in Arizona Medical Cannabis Case

A federal judge in Arizona has faulted Walmart for dismissing an employee who tested positive for cannabis even after that employee informed her employer that she had a valid medical marijuana card issued by the state.

It all started when Carol Whitmire sustained an injury while doing her work in one of Walmart’s stores in May 2016. Whitmire, who had worked with the same company for eight years, was immediately rushed to receive medical care after the accident. Blood and urine samples were also taken for analysis as part of Walmart’s policy.

Whitmire informed the HR department about her status as a medical cardholder after that incident and she continued to work after she recovered. However, she was terminated in July for being in contravention of Walmart’s policy on drugs.

Consequently, Whitmire sued Walmart for discrimination and wrongful dismissal. Walmart responded by telling court that it had a right to dismiss Whitmire due to her positive drugs test results.

However, court disagreed and pointed out that Walmart failed to prove that the positive drugs test indicated that Carol Whitmire had been working while intoxicated with marijuana. Had Walmart provided such proof, the court may have considered their assertion that they had good faith in terminating Whitmire.

Whitmire’s attorney, Joshua Carden, applauded the decision of Judge James Teilborg. Carden said that the judge had set a precedent that paved the way for private right-of-action lawsuits under the Arizona medical marijuana laws.

Joshua Carden revealed that the court would soon set a date for delivering its ruling regarding the possibility of reinstating Whitmire, as well as determining how much is due to her for damages and costs for the suits she filed.

Walmart was also glad that the federal court dismissed some of the claims made by Carol Whitmire in her suit. The company reiterated its ceaseless efforts to provide a safe environment for all its customers and associates.

Cases like Carol Whitmire’s are likely to crop up frequently because there is a lot that is still not known about cannabis. For example, for how long can someone remain impaired after consuming cannabis? Part of the reasons why Walmart couldn’t be justified to fire Whitmire is that it wasn’t clear whether a positive drugs test meant that Whitmire was under the influence while at work. Until scientific studies resolve this grey area, employers and employees will not be certain where the boundary is.

All in all, Cannabis Strategic Ventures, Inc. (OTC: NUGS) as well as Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) welcome the judgment that made it clear that patients using medical marijuana legally will not lose their jobs just because they test positive for cannabis.

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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Cannabis Cultivators Profit from Growing Legal Market

CannabisNewsWire Editorial Coverage: The growth the legal cannabis market has created has turned cultivation facilities into invaluable assets.

  • The cannabis market is predicted to generate $146 billion in revenues by 2025.
  • Legal changes are accelerating this expansion in the United States and beyond.
  • Cultivation facilities are fundamental to this growth, providing the raw materials for the cannabis industry.

Cannabis Strategic Ventures (OTC: NUGS) (NUGS Profile) recently announced plans to establish a multi-acre cultivation facility in California to meet market demands. Tilray Inc. (NASDAQ: TLRY) is increasing its cultivation space through the acquisition of Natura Naturals Holdings. In addition, the need to equip cultivation facilities is fueling growth for hydroponic suppliers such as GrowGeneration Corp. (OTCQX: GRWG). Aurora Cannabis Inc. (NYSE: ACB) (TSX: ACB) has issued a letter of intent to acquire Whistler in an effort to increase…

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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.

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420 with CNW – Cannabis should be Reclassified Internationally, Says World Health Organization Committee

According to a leaked letter written by the World Health Organization’s Director General (Tedros Adhanom Ghebreyesus) to the UN Secretary-General, marijuana should be rescheduled from the most restrictive categories to less strict categories in all international treaties.

The recommendations in this letter were scheduled to be released publicly last year in December but this didn’t happen for unknown reasons.

According to the recommendations of the expert committee that studied the matter, whole-plant marijuana and marijuana resin should be removed from schedule IV (the most restrictive category) and left in schedule I.

The World health Organization also wants to be categorical and state that any cannabis products that contain less than 0.2 percent THC content aren’t subjected to any international controls. Previously, CBD didn’t appear anywhere in the international treaties that categorize different substances, so it was unclear what the position of the international body was on this substance. The letter now puts this matter to rest.

These recommendations will go to the UN Commission on Narcotic Drugs where 53 nations will cast a vote either to adopt the recommendations or reject them. Several countries, such as China and Russia, are expected to vote against the recommendations due to those countries’ history of being unwilling to see reforms in drugs laws.

However, other countries, such as Uruguay and Canada are certainly going to vote for reclassification, as will other European and South American countries where medical cannabis is legal.

It is harder to predict which way the U.S. vote will go. President Trump is quoted to have said that his administration respects the right of U.S. states to enact and implement their own marijuana laws, but the federal government has been reluctant to reform its own cannabis laws. One will therefore just have to wait and see how the U.S. representative at the UN votes when these recommendations are tabled.

While the recommendations contained in that WHO letter will not create any major legal shockwaves, they do have potentially serious political implications.

For starters, the rescheduling recommendations are a tacit admission that the UN and other world bodies made a grave error to classify marijuana as a substance that has no medicinal value. This decision seems to have been based on political considerations rather than being rooted in scientific data.

Secondly, the recommendations will embolden many countries to pass their own marijuana laws, as has been the case in the dozens of countries around the world that have legalized medical cannabis despite the current classification of marijuana as a substance with no known medical value.

Cannabis Strategic Ventures, Inc. (OTC: NUGS), Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) and the cannabis industry in its entirety are waiting with bated breath to see how events will unfold worldwide once the recommendations of the UN are passed.

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 – Florida Governor wants Smokable Marijuana Ban Ended

Gov. Ron DeSantis of Florida has spoken out against the medical marijuana law and threatened to step in decisively if the legislature doesn’t amend that law to permit patients to smoke medical cannabis.

The Republican Governor wants the state to have a new law that puts an end to the ban on smokable marijuana and also loosen the restrictions on the licensing conditions for treatment centers. DeSantis wants this law by mid-March.

The Governor feels that Florida voters spoke clearly enough when they approved medical marijuana, so the legislators should pass legislation that is in line with the wishes of the people. A reported 71 percent voted to legalize medical cannabis in 2016.

DeSantis says that he will drop the state’s appeals against the rulings made regarding the smokable cannabis ban as well as the legal challenge to the licensing requirements. This step will leave the courts to make a binding decision that will compel the regulators to change the existing provisions of the medical marijuana law.

However, the Governor doesn’t want to use the judicial system to effect change. Instead, he would prefer to see the necessary changes made by the legislative arm of the state, but he will have no other choice if the legislators don’t do as required within a few weeks after the new session opens on March 5.

The appeals DeSantis refers to were launched by the previous Governor (Rick Scott) after a circuit court decided that the ban on smoking medical cannabis was unconstitutional. Scott is now a Senator and DeSantis replaced him as Governor.

DeSantis spoke during a media address with John Morgan, a personal injury lawyer who sued the state over the ban on smoking medical cannabis. Morgan remarked that the no smoking issue wasn’t a joking matter and that it will be overturned one way or the other.

In response, the new Republican legislative leaders in the Senate and the House promised to work with the Governor in order to secure the necessary changes to the medical marijuana law.

It is good to see that the Governor is exerting his weight in order to help patients to have as many different ways to consume medical cannabis as is possible. Actually, the smokable cannabis may be the most affordable option for many of those patients, so keeping it off the table may impose a financial strain on people who are already struggling with serious medical conditions. The entire marijuana industry, including Cannabis Strategic Ventures, Inc. (OTC: NUGS) and Youngevity International, Inc. (NASDAQ: YGYI), supports the position taken by Governor DeSantis.

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 – Liquor Sales Unaffected by Marijuana Legalization, Study Finds

There were fears that the legalization of adult-use marijuana in different U.S. states would trigger a decline in alcohol sales as consumers switch to marijuana instead of taking alcohol. Numerous reasons, such as the hangovers associated with alcohol consumption, were cited as factors that would impact alcohol sales once cannabis was legalized. However, a recent study conducted by the Distilled Spirits Council has found that no such slump in sales has occurred in the three states where recreational cannabis has been legal for the longest time in the U.S.

The alcohol trade association reported that the trends in alcohol sales remained consistent regardless of marijuana legalization in Washington, Oregon and Colorado.

The Distilled Spirits Council analyzed the per-capita alcohol consumption data in the three states from two years before legalization occurred to four years after legalization.

The data showed that the sales of spirits increased by 3.6 percent in Oregon and 7.6 percent in Colorado.

However, wine did not fare the same way in all the three states. Washington registered a drop in sales during the time studied by the Council. At the same time, an upward trend was noticed in wine sales in Oregon and Colorado.

Beer sales have generally been declining for over a decade, and the analysts weren’t surprised to find that beer continued to lose its market share to spirits and wine even after marijuana became legal for adult-use in the three states.

Vivien Azer, one of the analysts who pored over the alcohol sales data commented that lower-end beers faced the greatest risk of losing their market share because they were largely consumed by lower-income Caucasian men who often faced a choice between buying cannabis and taking a beer. The data shows that cannabis is emerging as the winner when such a choice has to be made.

Wines and distilled spirits appeared to be insulated from such pressures because they tend to be consumed by higher-income earners who can afford to consume marijuana and their favorite alcoholic drink. Besides, cocktails are increasing in popularity among women, so that demographic alone can keep the sales of wines and spirits up.

All the same, many industry watchers are cautioning that it is still early days to conclude that marijuana will not eat into the market share of alcohol. Different generations and demographics are likely to respond differently when marijuana becomes an option for them. As recent polls show, marijuana is clearly becoming a favorite across the board. Industry players like Canopy Rivers Inc. (TSX.V: RIV) and Cannabis Strategic Ventures, Inc. (OTC: NUGS) hope that such goodwill translates into the spending of disposable income on marijuana.

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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 – Marijuana Law Changes in Mexico and Canada May Finally Change Texas Attitudes

The legalization of marijuana in Canada, and the impending legal change to marijuana laws in Mexico now leaves Texas isolated as the only jurisdiction in that area where cannabis isn’t legal. This “engulfment” is likely to generate sufficient pressure to cause a change in Texas sooner rather than later.

Already, public opinion in the state has shifted in favor of lesser punishment for those found in possession of small amounts of cannabis.

Moreover, Kim Ogg, the Harris County District Attorney, entered office in 2017 and started a new program in which small-time cannabis offenders would avoid jail time and a criminal record if they enrolled for a drug education class and stayed clear of re-arrest on similar charges.

This “diversion program” has also been replicated in at least one other Texas county. Ogg reasoned that it wasn’t helpful to devote badly needed resources to hunting down, prosecuting and incarcerating people on minor drugs charges and yet those resources could be put to better use to make communities safer by dealing with other pressing law enforcement issues, such as stemming the growth of child sex abuse online.

In a parallel measure that shows where Texan law is going, the state legislature passed a law in 2015 enabling doctors to prescribe CBD oil for patients whose conditions were unresponsive to the existing conventional drugs.

That law in effect shows that medical marijuana isn’t far off from being legally available as a complementary treatment beyond the narrow description provided as that bill was passed.

Interestingly, Texas also has the distinction of having the cities where the highest amount of cannabis is consumed despite the existence of prohibitionist laws. Research has it that Houston consumes approximately 21 metric tons of marijuana annually. This makes the city rank at number four on the list of the top ten cities in terms of marijuana consumption around the country.

Dallas is also in the top 10, coming in at number seven with an annual consumption of approximately 15 metric tons of cannabis.

So, where is all that weed coming from if no cultivation is allowed in Texas?

In the past, smugglers met the demand by moving cannabis from Mexico to the Lone Star state. However, the relaxation of cannabis laws in the states neighboring Texas has provided a domestic (U.S.) source for the Texas cannabis black market.

In fact, consumers now prefer the superior quality of marijuana produced within the U.S. rather than the crop from Mexico that doesn’t conform to any quality standards. It is now known that licensed growers in the states where medical marijuana is allowed produce much more than what can be consumed within those states. The excess product finds its way into the black market, and this reality has been causing federal prosecutors sleepless nights.

Wouldn’t it be wiser for Texas, and the federal government to legalize cannabis in order to end this cat and mouse game with the black market? Such a decision would ease many of the legal minefields in the way of Canopy Rivers Inc. (TSX.V: RIV), Cannabis Strategic Ventures, Inc. (OTC: NUGS) and the entire cannabis industry.

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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 – Upscale Cannabis Gear Selling Like Hot Cakes in New York

As the buzz around cannabis legalization in different jurisdictions gathers steam, savvy entrepreneurs are cashing in by bringing innovative marijuana accessories to the market. “Higher Standards” is one such store that is cashing in on the heightened interest in marijuana.

The store is housed in the prestigious Chelsea Market in Manhattan. Higher Standards caters to foodies and tourists who want a gift or a rare cannabis accessory as they head off to jurisdictions where marijuana consumption is legal.

One of the most expensive and rare cannabis accessories that you can buy at this store is a glass pipe shaped like a skateboard. This pipe goes for a cool $6,000. Cannabis infusers, cannabis rolling papers and glass containers for matches are other products you will find when you visit this high-end establishment.

Higher Standards has been in New York for more than a year. How can this be possible when recreational cannabis is yet to be legalized?

Sasha Kadey, the chief marketing officer of Higher Standards, explains that the company doesn’t touch the cannabis plant, so it enjoys some leeway that wouldn’t have been possible if Higher Standards was handling cannabis directly.

In New York, there seems to be a silent policy through which such companies that don’t “touch the plant” get a wink and a nod to continue conducting their business. The same mischievous wink is extended to customers who buy the accessories on offer as they are told that the products are for “tobacco use only”.

That knowing wink seems to be bringing good tidings of what is to come for Higher Standards since the store set its own single-day sales record on Black Friday, then went on to crash that record on December 8.

With things looking up, the store has plans to open five more locations, including one that will be in Atlanta. The Atlanta one is expected to open just in time to cash in on Super Bowl Sunday.

Meanwhile, New York is in advanced stages of legalizing recreational cannabis. This move will bring more fortune in the way of dealers of accessories, like Higher Standards. For example, word is that MedMen intends to open an outlet just outside Chelsea Market. This will bring cannabis customers right to the doorstep of Higher Standards, and sales are expected to soar.

Before that happens, however, people seem to be snatching accessories off the shelves of the outlet and business is booming. That seems to be what happens wherever cannabis is permitted. Cannabis Strategic Ventures, Inc. (OTC: NUGS) and Canopy Rivers Inc. (TSX.V: RIV) say kudos to Higher Standards for contributing to cannabis culture.

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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 – Alaska Credit Union Opens Its Doors to Cannabis Businesses

Credit Union 1 in Alaska has announced that it will begin a pilot program of offering financial services to cannabis businesses in the state. This pilot program is scheduled to start in the first six months of 2019.

The step taken by Credit Union 1 is a brave one because the majority of the financial institutions in the country are hesitant to have cannabis businesses as clients due to the prohibitions at the federal level. Credit Union 1 is chartered at the state level.

The Credit Union revealed that it was driven by security concerns when making the decision to pilot offering banking services to the cannabis industry. James Wileman, the CEO of Credit Union 1, said that they didn’t have any moral or political opinion about cannabis when deciding to get involved in providing banking services to marijuana businesses.

Officials from the tax division of Alaska welcomed the decision taken by Credit Union 1, calling it “extremely good news.” They are right to feel that way, because it will be much easier for the tax authorities to collect their dues once there is a clear paper trail to track all the sales in the state.

Alaska is already enjoying massive tax returns from the marijuana industry. For example, the state received approximately $11 million in taxes from January up to September this year.

Marijuana businesses are also excited by the opportunity, and they are wondering why it took so long for a financial institution to take the plunge and welcome cannabis businesses. Many are wishing they could participate in the pilot program instead of waiting for the services to be rolled out to more businesses sometime in the future at the successful conclusion of the pilot program.

The situation in Alaska shows how slowly systems change in order to accommodate new realities. For example, voters approved recreational marijuana in 2014 and the state started issuing retail licenses in 2016, but not a single cannabis company has been able to get any form of banking services.

However, it was just a matter of time before the allure of the resources in the cannabis industry became too strong for the banking industry to ignore. Chances are high that many other financial institutions will be watching the developments at Credit Union 1 before coming to the table as well.

Cannabis companies like American Premium Water Corp. (OTC: HIPH) and Cannabis Strategic Ventures, Inc. (OTC: NUGS) welcome the pioneering efforts of Credit Union 1 and other financial institutions that are trailblazers in their jurisdictions in terms of providing essential financial services to this nascent industry.

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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 Cultivation Powering Growth for the Industry

CannabisNewsWire Editorial Coverage: Cultivation by both large and small growers is powering growth across the cannabis industry.

  • Cultivation is fueling the growth of the cannabis industry.
  • $718 million was invested in cultivation and retail last year as the industry continued to grow.
  • Raw materials from cultivators are used in a wide range of cannabis products.
  • Cultivation locations are critical to distribution channels and partnerships.

Within this growing industry, Cannabis Strategic Ventures (OTC: NUGS) (NUGS Profile) is working to foster emerging brands by targeting investment through a la carte partnerships and acquisitions. Tilray, Inc. (NASDAQ: TLRY), one of Canada’s largest cultivators, has seen earnings rise 78.9 percent so far this year thanks to growing demand and a maturing business. Cultivation means profits for hydroponics suppliers such as GrowGeneration Corp. (OTCQX: GRWG), which provides the materials growers need. Some companies are working to stand out through branding, such as the feel-good ethos of Charlotte’s Web Holdings, Inc. (OTCQX: CWBHF) (CSE: CWEB). Others, such as Aurora Cannabis, Inc. (NYSE: ACB) (TSX: ACB), are working with local authorities to reach…

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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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CannabisNewsWire (CNW)
Denver, Colorado
www.CannabisNewsWire.com
303.498.7722 Office
Editor@CannabisNewsWire.com

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420 with CNW – New App Keeps Cannabis Purchases Off Your Credit Card History

We reported earlier that Canadians who buy marijuana using their credit cards risk being denied U.S. entry for life. This is because U.S. border agents can invoke their right to look into the purchasing history of an alien who wishes to enter the country before letting that person through. The appearance of marijuana purchases on your credit card statement can therefore give those agents an excuse to declare you inadmissible for life. However, an app has been developed which can get rid of that risk.

The GreenGreen app allows users to purchase cannabis without using their credit cards. The app works like an online-based credit card system, so buyers simply clear their cannabis bills at the end of each month in the same way that they would make payments to settle their credit card debts.

This innovation gives Canadians a chance to consume legal marijuana in their country without fearing that they will be victimized by U.S. Customs and Border Protection (CBP) agents when they need to travel across the border.

The GreenGreen app also enables cannabis consumers to avoid the inconvenience of withdrawing cash from an ATM each time they want to buy marijuana. Remember that the marijuana industry is still largely cash-based since major banks are reluctant to do business with an industry which is still illegal in other markets, especially the U.S. market, where those banks have major operations.

Furthermore, the app reduces the risks associated with carrying cash. For example, one will no longer fear being mugged by opportunistic criminals who want to lay their hands on the cash you are carrying to buy cannabis.

However, customers in Ontario may wait a little longer before they can benefit from the GreenGreen app. This is because the app cannot be used to make online purchases and yet the province enacted laws permitting the sale of recreational cannabis by online stores only.

Nonetheless, marijuana buyers in the U.S. can register and start using the app to buy marijuana in the states where it is legal. Countless marijuana businesses in the U.S. have had to grapple with the risks associated with operating a strictly cash-based business. The app offers a way for cashless payments to be made to and by marijuana businesses.

Cannabis-related companies like Cannabis Strategic Ventures, Inc. (OTC: NUGS) and Canopy Rivers Inc. (TSX.V: RIV) welcome every innovation that makes it easier for the cannabis industry to serve its clients with as few hassles as possible.

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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.

To receive instant SMS alerts, text CANNABIS to 21000

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

CannabisNewsWire (CNW)
Denver, Colorado
www.CannabisNewsWire.com
303.498.7722 Office
Editor@CannabisNewsWire.com