420 with CNW – Cannabis Could Help Millennials Deal with Burnout

The World Health Organization describes burnout as a work-related health condition characterized by chronic stress, exhaustion, cynicism and a reduction in personal efficiency. More and more millennials are admitting that they are burnt out even if people from older generations generally regard this age-group as being composed of people who feel entitled, are irresponsible and cannot hold down a job (the way baby boomers could stay at the same job all their lives). Recent research shows that more millennials are self-reporting themselves as burnt out, and marijuana could help them deal with this condition.

While relaxation techniques like yoga and deep breathing can help to deal with the symptoms of burnout, a sizeable number of millennials are inquiring about how cannabis can help with this condition.

A marijuana dispensary owner in Toronto revealed that she sees more young people asking how marijuana can help them to combat stress, anxiety, depression and insomnia. These are the classic signs of burnout in these young adults who are bombarded daily by marketing messages which show them that their bodies aren’t good enough and need to be improved, 24/7 access to their smartphones means that they never get to plug out (in the same way that older people could take their landline phones off the hook if they didn’t want to be disturbed), and so many pressures unique to this era.

In 2018, Washington State University conducted research to find out how the individuals who reported that they were experiencing different symptoms of burnout, such as anxiety, stress and depression perceived the effect of smoking different quantities and strains of marijuana in helping them with those symptoms at home.

The researchers found that if people took at least ten puffs on a blend of marijuana which was high in THC and also high in CBD, they experienced higher levels of reduction in stress, depression and anxiety.

While this research may not on its own prove that marijuana is useful as a treatment for burnout, these findings provide a clear indication that the possibility exists and it should be explored further.

If larger randomized double-blind clinical studies confirm that marijuana can indeed treat the cocktail of symptoms linked to burnout, it could save millions of people from getting hooked on prescription medications for these symptoms. Analysts are convinced that industry players like VPR Brands LP (OTC: VPRB) and Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) are waiting for research to confirm what they have always known about the effects of cannabis on burnout.

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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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420 with CNW – Medical Marijuana Could Be on Louisiana Dispensary Shelves as Early as Next Week

Early this week, officials from the Louisiana Department of Agriculture and Forestry (LDAF) announced that medical marijuana products could soon be available in licensed dispensaries as soon as next week. This news brings a sigh of relief to patients who have waited through endless delays since 2015 when voters approved a measure to legalize medical cannabis.

Mike Strain, the LDAF Commissioner, revealed that his department had received the first batch of medical marijuana products that were ready for distribution to the licensed medical cannabis dispensaries within the state. Those samples would be tested to ascertain their potency, homogeneity and presence of contaminants.

If those samples pass the lab tests, then the department would give the manufacturers the green light to distribute their products to the places where patients with recommendations can access them.

GB Sciences, a company that was subcontracted by Louisiana State University, has provided the samples to be tested by the state. Strain revealed that the testing process would take approximately seven days and the products would be available if no issues are found during the tests. If any problem is found, the availability of the products would be delayed until those issues were resolved.

Some of the products that were randomly selected from the stores of GB Sciences for the purpose of testing by the regulator include inhalers and cannabis oil drops. The products were made in different formulations of THC and CBD. For example, some products are high in CBD while others are high in THC and low in CBD.

These products will be available to patients with debilitating conditions as long as those patients have been certified by the state to use medical marijuana as a form of treatment.

Louisiana passed strict rules under which the medical cannabis program would be implemented. For example, only two cultivation and manufacturing licenses were issued. Louisiana State University and Southern University were the recipients of those licenses. However, these two institutions could subcontract partners to help them execute their activities, and that is why GB Sciences had a chance to process the products which are undergoing testing.

Southern University partnered with Advanced Biometrics and they are soon planting their maiden medical cannabis crop. They expect the products from this crop to be ready for the market in about five months since it takes that long to grow and process a cannabis crop.

Marijuana industry watchers believe that industry actors like VPR Brands LP (OTC: VPRB) and VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) will be pleased that the long wait is showing signs of coming to an end and Louisiana patients will soon benefit from medical marijuana.

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420 with CNW – Study Looks at How Marijuana Extracts Can Kill Cancer Cells

A recent study shows that cannabis extracts can impair the survival of some types of cancer cells and also inhibit their spread. However, the effects of the cannabis extracts vary according to the chemical profile of the extracts used, the researchers discovered.

The team of researchers found that the results of using just one compound of cannabis, such as THC, to kill cancer cells wasn’t as promising as using full-spectrum cannabis extracts. Since marijuana has hundreds of compounds whose concentration varies from one preparation or marijuana strain to another, it was difficult to determine which particular combination of compounds had the most significant therapeutic effect.

The team, whose findings were published in Oncotarget, a journal centered on cancer research, show that 12 cannabis extracts having varying phytocannabinoid profiles were tested on 12 different human cancer lines.

Each of the 12 cancer cell samples was treated using increasing doses of different marijuana extracts over a 24-hour duration. Of the 12 cannabis extracts, five were especially effective in acting on a variety of cancer types. Nevertheless, the researchers found that different cancers seemed to respond to different marijuana extracts even if those cancers originated from the same body organ.

For example, two forms of prostate cancer cells were most responsive to different cannabis extract formulations and yet it would be expected that the same formulation would work for these two cancers since they all affect the prostate gland.

The marijuana extracts also exhibited different levels of effectiveness in terms of shrinking cancer cells. Out of the 12 preparations, only three were able to shrink cells by up to 51 percent of their baseline (original) size.

Some of the common attributes shared by the extracts which showed higher levels of effectiveness included their higher concentration of THC and the larger variety of phytocannabinoids which have been decarboxylated.

The researchers concluded that the therapeutic action of marijuana extracts on cancer cells cannot be attributed to a single compound, but rather to the synergy of different compounds acting together.

They also added that the fact that cancers from the same line react differently to cannabis extracts means that other compounds, apart from THC, work together to produce a pharmacological effect upon the cancer cells.

The team of researchers therefore called for more research to be done about the way cancer cells respond to cannabis. For example, more information is needed regarding the effect of the presence or absence of cannabis receptors on cancer cells when treating those cancers using marijuana extracts.

Marijuana industry pundits think that industry participants like Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) and VPR Brands LP (OTC: VPRB), will feel vindicated that the industry’s assertion regarding the therapeutic effects of marijuana is starting to be proved by independent researchers.

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420 with CNW – Group Announces Intention to Initiate Ballot Measure to Legalize Recreational Marijuana in Arkansas

A marijuana education and advocacy group in Arkansas has announced that it plans to file two petitions with the state government so that recreational marijuana can be legalized through a ballot measure. The second petition covers the expungement of marijuana-related convictions.

Drug Policy Education Group (DPEG), the nonprofit planning the petitions, says that they had initially wanted to have both issues (legalization and expungement) in the same initiative. However, their legal advisors recommended that they submit separate petitions since it would be hard for the Attorney General to approve a petition which has a constitutional amendment within another proposed amendment.

Melissa Fults, the Executive Director of DPEG, revealed that they had been planning the petitions for more than a year but they decided to move quickly since the lawmakers seem to be moving towards making it harder for voters to effect changes to the state constitution.

Fults revealed that there was consensus among pro-medical marijuana advocates that the Medical Marijuana Commission (MMC) and the State General Assembly had deliberately delayed the launch of the medical cannabis program after voters approved a constitutional amendment in 2016. Sales started 2.5 years after the constitutional amendment, and sales totaling $2 million had so far been registered.

Fults and other advocates have been trying to see more reforms made to the existing cannabis laws. For example, they tried to expand the list of medical marijuana qualifying conditions to three times its current size but the bill failed to make it beyond committee level during the legislative session that has just ended.

The first petition, named Arkansas Adult Use Cannabis Amendment (AAUCA) seeks to give the state’s finance department, through its Alcohol and Beverage Control Division, permission to draft regulations for the recreational marijuana program (cultivation, manufacturing, testing and sales). Under the proposal, adults who are at least 21 years old will be allowed to purchase recreational marijuana in addition to having a maximum of six seedlings and six mature plants for their own use.

The second ballot petition, named the Arkansas Marijuana Expungement Amendment (AMEA), seeks to allow people who were convicted for possessing up to 16 ounces of cannabis to petition a court (which will be set up for this purpose) to be released from prison, have the conviction expunged or request for the restoration of their rights.

Under Arkansas law, any proposed petition for the passing of a new law requires signatures of at least 8 percent of the voters who participated in the most recent elections. A petition for a constitutional amendment requires 10 percent voter support to be approved for inclusion on the ballot.

The nonprofit and its supporters therefore have their work cut out if their petition is to see the light of day. Pundits think that the entire cannabis industry, including participants like VPR Brands LP (OTC: VPRB) and VIVO Cannabis, Inc. (TSX.V: VIVO) (OTCQX: VVCIF), will be rooting for the success of the initiatives since adult Arkansans will be able to enjoy the numerous benefits of the adult-use marijuana industry, such as employment.

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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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420 with CNW – New Mexico Cannabis Decriminalization Officially Takes Effect

Approximately three months ago, New Mexico governor, Michelle Grisham signed a marijuana decriminalization bill into law. That law officially took effect yesterday July 1).

In that law, the possession of up to half an ounce of cannabis is no longer a crime punishable by jail time. Instead, the person pays a $50 fine. The punishments for possessing drug paraphernalia have also been reduced.

This law makes New Mexico the 24th state to decriminalize marijuana. Hawaii appears set to enact a similar law soon after the governor revealed that he will not veto a decriminalization bill if it is brought to his desk.

While pro-marijuana advocates were happy that the decriminalization bill was signed into law in New Mexico, they were still disappointed that broader legalization didn’t happen during this session of the legislature. Gov. Grisham had promised to make this happen when she was campaigning for office.

The passing of the decriminalization law doesn’t, however, mean that the governor has reneged on her promise to see marijuana legalized in the state. Last week, Grisham announced that she had formed a working group charged with studying legalization in other states and give her a report about the best way to handle legalization next year.

New Mexico isn’t alone in that club of states whose legalization plans failed this year. New York State was also on the brink of passing a legalization law, but disagreements over how to implement the recreational marijuana program resulted in the state budget for the next fiscal year being read without recreational marijuana in it, and then legislators ran out of time to hammer out a final deal on legalization before the end of the legislative session. Legalization now appears to be farther away than it has ever been.

In lieu of the legalization law, New York legislators passed a decriminalization bill which will see the possession of up to two ounces of cannabis being punished by a $200 fine instead of serving a custodial sentence.

Another failed legalization attempt happened in New Jersey where lawmakers suddenly called off a senate vote on the matter when it became apparent that support wasn’t sufficient to see the bill through. Not even the last-ditch efforts of the governor and legislative leaders could swing more votes in the senate. Now advocates seem resigned to taking the matter to voters in 2020.

Illinois was the one bright example for advocates after the legislature passed a broad legalization law which will be the model for marijuana social justice for years to come. Recreational cannabis will be available on January 1, 2020, across the 11th state to legalize marijuana.

Cannabis industry commentators think that the entire industry, including participants like Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) and VPR Brands LP (OTC: VPRB), will heave a sigh of relief that New Mexico has provided some good news to break the chain of legislative disappointments.

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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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420 with CNW – Maine Relaxes Residency Requirements for Recreational Marijuana Companies

The Veterans and Legal Affairs Committee of Maine’s Assembly has voted 7-2 approving the draft rules for the legalization of recreational marijuana in the state. The approved rules relax the residency requirements included with the purpose of keeping out-of-state companies from moving in and controlling the recreational market at the expense of local companies.

The committee removed language that limited out-of-state players from having majority stake in recreational marijuana companies which operate within Maine. In its place, the committee left a provision to the effect that Mainers who have resided in the state for at least four years will have 51 percent ownership of any company to be licensed to conduct business in the recreational marijuana arena. This means that the local ownership can be several individuals or entities as long as their combined stake adds up to 51 percent in the company.

Erik Gundersen, the head of the Office of Marijuana Policy, said his office wants to see the tools which will make it possible for the letter and the spirit of the law to be implemented. He added that the law should be made by Mainers, within Maine and for the benefit of Mainers.

The Maine Office of Marijuana Policy was instrumental in including language which specifically sought to lock out large corporations from using out-of-state management contracts to dominate the local recreational cannabis market in the fashion of what is happening in Massachusetts and even in the medical marijuana program of Maine.

However, not everyone was thrilled with that proposal to lock out out-of-state companies. Some people said that the provision would be counterproductive because it would hurt the interests of Mainers in the long run since the capital and technical expertise of out-of-state operators was needed to kick-start the recreational marijuana industry. They cited the example of manufacturing equipment which costs millions and would be out of reach for most local investors.

Wellness Connection of Maine, the biggest medical marijuana company in the state, had even threatened to sue the regulator if the original text of the bill was retained in the final language of the law. The company felt that the provision about out-of-state companies was targeting it since it has complex management contracts with out-of-state operators.

The time at which marijuana companies should close their doors also generated a lot of debate in the committee. The original bill stipulated that retail outlets should close at 9pm, but this was changed to 10pm to avoid sending people to black market players. Law enforcement agencies had pushed for the 9pm closing time.

The committee decided that local authorities shouldn’t have the right to set their own operating hours for cannabis businesses. However, cannabis businesses could apply to open for extended hours and the regulator would consider their request on a case-by-case basis.

Now that the bill has been cleared by the committee, advocates hope that the entire House will vote on it before the legislative session ends on June 19.

Marijuana industry analysts hope that the cannabis industry, including players like Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) and VPR Brands LP (OTC: VPRB), will be happy that a robust debate was conducted and the strongest arguments won the day during the committee session.

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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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420 with CNW – New Technologies Offer Solutions to Cannabis Dosing Challenges

One of the biggest issues that has stood in the way of medical marijuana patients and healthcare professionals has been the challenge of how to determine the precise dosage to be administered in order to attain the required therapeutic effects. Additionally, it has been hard to find cannabis products whose potency is uniform in order to trigger repeatable outcomes in patients. To compound matters even further, CBD normally brings therapeutic effects at a certain specific concentration. Anything greater or lower than that optimum level reduces its efficacy. The marijuana industry has responded to these challenges by getting more clinical and scientific.

Stratos, a cannabis company based in Colorado, is one of those entities which have stepped up to provide medical cannabis products that are consistent in terms of potency. Their products are so precise that splitting a tablet in half is a guaranteed way to take just half of the dose indicated on the product label.

Charlotte Payton, the VP of Development and Co-founder of Stratos, revealed that the company leveraged the roots of its founders in the medical arena to find ways to bring the consistency which is a given in other industries to the medical cannabis space. She wondered why people would easily get reliability and consistency in pharmaceuticals but not cannabis. Strato’s solution addressed that issue.

GoFire is another healthcare technology company which is also blazing a trail in finding solutions to deliver consistency in the medical cannabis industry. One of the products which they have brought to market is called the GoFire Inhaler. The inhaler’s unique convection heating system, precision dosing mechanism and medical-grade materials and design have just been patented.

The inhaler made by GoFire was designed for medicines extracted from plants, so patients can use this product to take cannabis flower and concentrates. Buyers of the inhaler also get an app which allows them to track and document their dosage preferences in addition to connecting with a community of other users of the GoFire Inhaler.

The work of these two companies has been welcomed by both medical professionals and patients. One such professional who was full of praises for the inhaler is Denver-based Dr. Michael Keller. He said such devices help to ease some of the concerns that members of the medical community have about prescribing medical marijuana products. The possibility of recommending exactly how much a patient should consume at a given frequency brings medical marijuana closer to what is expected of any therapeutic product.

VPR Brands LP (OTC: VPRB) and VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) applaud the innovations introduced by Stratos and GoFire since these technologies will bring medical cannabis closer to becoming a mainstream way to treat or manage different health conditions.

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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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420 with CNW – Illinois Senate Passes Recreational Cannabis Legislation Bill

As the legislative session enters its final days, the senate in Illinois has voted to pass a recreational cannabis legalization bill after months of debate and modification. The bill now goes to the Assembly before being presented to Gov. Pritzker by the end of this month.

The bill has a number of provisions which are intended to promote social equity once the marijuana industry becomes fully legal. For example, the bill provides for the automatic expungement of previous convictions for the possession of less than an ounce (30 grams) of marijuana. Individuals who were convicted for possessing between 30-500 grams of marijuana can appeal to court for expungement, or the state’s attorney can petition court on behalf of those individuals.

One notable change which was made to the original bill regards the home cultivation of recreational marijuana. While the original bill provided for the home cultivation of up to five plants, the revised version changed that provision and only allowed patients on the medical marijuana program to grow up to five plants. The law under which medical marijuana became legal didn’t allow home grows.

The bill also decriminalizes low-level marijuana cultivation (five or fewer plants) by non-patients. This means that those found growing few plants will be fined up to $200 instead of serving a custodial sentence upon conviction.

The bill stipulates the taxes which different recreational marijuana products will attract. Cannabis flower whose THC content is less than 35 percent will attract a 10 percent tax while any cannabis products with more than 35 percent THC content will attract a 25 percent tax. Marijuana-infused drinks will face a 20 percent tax. The state will also impose an additional 6.5 percent sales tax, and local authorities will be free to impose an extra 3.5 percent tax on recreational marijuana products.

Under the bill, individuals who have convictions that qualify for expungement and those who live in areas described as disproportionately affected by the war on drugs qualify to be categorized as equity applicants as business license applications are considered. Such equity applicants qualify for extra points during the scoring process and they are also eligible for fee waivers.

Social equity applicants can also obtain a low-interest loan from a special $30 million fund created by this law to help such applicants to meet some of the costs associated with starting a marijuana business.

Sen. Heather Steans, the sponsor of the bill, described the proposed law as one which will set the gold standard for creating a cannabis industry which embraces diversity.

If the bill becomes law as planned, it will take effect on the first day of 2020. Dispensaries would receive licenses by May 1, 2020 while transporters, craft growers and processors would get their licenses by July 1.

Advocates have welcomed this bill saying that while it isn’t perfect, it is better than having prohibition extended for longer. What is now left is for the Assembly to consider and pass the bill so that it gets to the desk of the governor in time. VPR Brands LP (OTC: VPRB) and VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) hope that nothing happens to derail the long-awaited legalization of recreational cannabis in Illinois.

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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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420 with CNW – New Jersey Health Department Unveils Changes to Medical Marijuana Rules

As the deadline set by Gov. Murphy to have the bill to legalize recreational cannabis passed approaches, the Department of Health has released the proposed rule changes which will see the medical cannabis program expanded. The program was due to be expanded at the same time as the legalization of recreational weed, but that seems to be failing as lawmakers fail to convince 2-5 other senators to support full legalization.

The rule changes are broadly aimed at improving access to medical marijuana. For example, there is a provision that will see the registration fee for patients and caregivers reduced to $100 from the current $200.

The new rules will also see veterans and seniors included among the categories of people who will pay a reduced fee of $20 when they apply to get a medical marijuana card. This will make access to the program more affordable for these groups of people.

When the new rules take effect, patients will now designate two people as primary caregivers instead of just one as was the case before. Having two authorized primary caregivers ensures that patients can still access medical marijuana even when one caregiver is indisposed.

The new rules will also allow more forms of medical marijuana to become available in the state. These include oil-based products, such as vape cartridges.

Currently, minors must undergo a psychiatric evaluation before a physician can certify or recommend medical marijuana for such patients. The new rules will remove this requirement, thereby easing the process of accessing medical marijuana by people who are underage.

The proposed rules will also see the addition of seven more conditions to the original list of medical marijuana qualifying conditions. The new ones include anxiety, PTSD, chronic pain and opioid use disorder. The expansion of the qualifying conditions will give more patients access to medical marijuana.

The drafters of the new rules have also included provisions which will reform the way permits are issued for cultivation, processing and dispensing medical marijuana. Currently, all permits are issued using the same system. This is going to change since the new rules provide for separate permitting systems for those different aspects of the industry.

Physicians will also be allowed to opt out of a list that is made available to the public showing which medical professionals have been approved to prescribe medical marijuana.

If Gov. Phil Murphy makes good on his threat, the new rules will be considered in a standalone bill separate from the one legalizing recreational cannabis. Unlike recreational weed which has attracted strong opposition, the lawmakers are in agreement regarding the expansion of the medical marijuana program and passing the medical marijuana bill will, in effect, make it harder to legalize recreational cannabis.

VPR Brands LP (OTC: VPRB) and VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) hope that the lawmakers will find a middle ground that will see the expansion of the medical cannabis program and the legalization of recreational marijuana.

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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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Surging Vape Market Propels Smart Brands Growth

CannabisNewsWire Editorial Coverage: The growth of vaping has led to the emergence of a new sector.

  • Vaping is tied to the tobacco and cannabis industries but has become popular as a healthier delivery system for both products.
  • Investment and mergers are fueling the industry’s expansion.
  • Working smarter in the competitive market may be savvy strategy.

Many companies are jockeying for position in this new space. Interestingly, some of the more successful companies may not necessarily be the big players but those that work smart with what they have. Among these smaller smart companies is VPR Brands LP (OTC: VPRB) (VPRB Profile), which has used innovative products and marketing tactics to expand its customer base. At the opposite end of the spectrum is Altria Group Inc. (NYSE: MO), a tobacco giant that has invested heavily in vaping. Greenlane Holdings Inc. (NASDAQ: GNLN) works on the distribution side and has impressive reach, supplying nearly 10,000 stores and two major online outlets. KushCo Holdings Inc. (OTCQB: KSHB) has moved successfully from packaging into cannabis. Thanks to cannabis-based medicines such as those created by GW Pharmaceuticals plc (NASDAQ: GWPH), vaping may even develop…

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Editor@CannabisNewsWire.com

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