This Top Cannabis CEO is Optimistic on U.S. Legalization January 27, 2021 - Baystreet.ca Cannabis isn’t legal in all U.S. states just yet. However, Canopy Growth CEO David Klein remains optimistic, saying he expects for his company to be operating in the U.S. in about a year, as noted by Bloomberg. All on hopes Congress will pass legislation that will legalize cannabis federally. "What we really need is some combination of SAFE Banking, a revised Cole memorandum, and a reclassification by the executive branch, all of which … probably happens in the next six-to-eight months anyway," Klein said in an interview. "We're pretty confident we'll be operating in the U.S. a year from now. So, we feel pretty good about that." Even better, the U.S. is just beginning to see broader support for potential legalization. U.S. approval ratings are increasing, for example. In fact, a Gallup poll shows support at a new high of 68% from 66% year over year. “The latest data are from a Sept. 30-Oct. 15 poll, conducted before the election that saw marijuana legalization proposals on the ballot in several states. Voters in all of these states -- Arizona, Montana, New Jersey, and South Dakota -- authorized the legal use of recreational marijuana in the Nov. 3 election. They join 11 other states and the District of Columbia in legalizing pot for recreational purposes.” That Could Help Drive More Interest in Cannabis Companies Pure Extracts Technologies Corp.(CSE:PULL)(OTC:PRXTF), for example, a plant-based extraction company, focused on cannabis, hemp, functional mushrooms, and the rapidly emerging psychedelic sector, announced that its common shares are now eligible for electronic clearing and settlement through The Depository Trust Company in the United States. The Company's common shares are quoted in the United States on the OTC Market under the symbol "PRXTF". DTC is a subsidiary of The Depository Trust & Clearing Corporation, a United States company that manages the electronic clearing and settlement of publicly-traded companies. Securities that are eligible to be electronically cleared and settled through DTC are considered "DTC eligible." This electronic method of clearing securities speeds up the receipt of stock and cash and thus accelerates the settlement process for investors and brokers, enabling the stock to be traded over a much wider selection of brokerage firms. In addition to trading in the United States on the OTC Market, the Company's common shares will continue to trade on the Canadian Securities Exchange (CSE) under the symbol "PULL" and the Frankfurt Stock Exchange under the WKN number "A2QJAJ" Pure Extracts CEO, Ben Nikolaevsky, remarked, “DTC eligibility is a major step forward in increasing liquidity, broadening our shareholder base and building a strong presence for our company within the US capital markets sphere. This is an important step in amplifying our story to a wider audience”.Other companies in the sector include: cbdMD Inc. (NYSE:YCBD), one of the world’s leading, and most highly trusted and recognized CBD health and wellness companies, announced that it is entering the global beauty and skincare market with the brand’s launch of “cbdMD Botanicals”. The new beauty and skincare line features 15 luxury products, including facial oil and serum, toner, moisturizers, clearskin, facial masks, exfoliants, and body care. Aleafia Health Inc. (TSX:AH)(OTC:ALEAF) just announced it will commence cannabis exports to the Israeli medical cannabis market. The Company signed a binding letter of intent with Equinox International Ltd., a licensed British medical cannabis company with operations in the Israeli market. Under the LOI, Equinox has committed to purchasing approximately 1,400 kg of dried flower in 2021. The first shipment to Equinox is expected to occur in Q1 2021 pending receipt of necessary import and export permits and completion of Aleafia’s cultivation cycle. Permit applications have already been submitted and will mark the first export of EU GACP-compliant dried flower grown at Aleafia’s Niagara Greenhouse facility. GrowGeneration Corp. (NASDAQ:GRWG), the nation's largest chain of specialty hydroponic and organic garden centers, announced the acquisition of Indoor Garden & Lighting, a two-store chain of hydroponic equipment and indoor gardening supply stores serving the Seattle and Tacoma, Washington area. The Company will be consolidating its current Seattle operation into the acquired stores. This acquisition brings the total number of GrowGen hydroponic garden centers nationwide to 40 stores. "We're thrilled to kickstart 2021 with our acquisition of Indoor Garden & Lighting, which boasts a strong commercial customer base and a talented team of grow professionals," said Darren Lampert, GrowGeneration's CEO. "This deal expands our footprint in the Pacific Northwest and puts us in close proximity to Tacoma's large commercial operators. With the addition of Indoor Garden & Lighting, we expect Washington's thriving adult-use market to generate annual revenues of $10 million for GrowGen." Neptune Wellness Solutions Inc. (NASDAQ:NEPT)(TSX:NEPT), a diversified and fully integrated health and wellness company focused on natural, plant-based, sustainable and purpose-driven lifestyle brands, has announced Mood RingTM recreational cannabis products will be available for purchase — for the first time — this week in British Columbia. The Company marked Mood Ring's official entrance into the Canadian market with a virtual conference involving journalists from various media outlets, and key Neptune executives. “This is a landmark moment for Neptune as we embark on widespread distribution through-out the Canadian market,” said Michael Cammarata, Neptune's Chief Executive Office and President. “The Company's mission is to become the brand leader in cannabis and we have established a KPI program that we believe will deliver new and innovative SKUs for the next five successive quarters. Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. Winning Media is only compensated for its services in the form of cash-based compensation. Pursuant to an agreement Winning Media has been paid three thousand five hundred dollars for advertising and marketing services for Pure Extracts Technologies Corp. by a third party. We own ZERO shares of Pure Extracts Technologies Corp. Please click here for full disclaimer. Contact Information: 2818047972 ty@LifeWaterMedia.com
This Top Cannabis CEO is Optimistic on U.S. Legalization January 27, 2021 - Baystreet.ca Cannabis isn’t legal in all U.S. states just yet. However, Canopy Growth CEO David Klein remains optimistic, saying he expects for his company to be operating in the U.S. in about a year, as noted by Bloomberg. All on hopes Congress will pass legislation that will legalize cannabis federally. "What we really need is some combination of SAFE Banking, a revised Cole memorandum, and a reclassification by the executive branch, all of which … probably happens in the next six-to-eight months anyway," Klein said in an interview. "We're pretty confident we'll be operating in the U.S. a year from now. So, we feel pretty good about that." Even better, the U.S. is just beginning to see broader support for potential legalization. U.S. approval ratings are increasing, for example. In fact, a Gallup poll shows support at a new high of 68% from 66% year over year. “The latest data are from a Sept. 30-Oct. 15 poll, conducted before the election that saw marijuana legalization proposals on the ballot in several states. Voters in all of these states -- Arizona, Montana, New Jersey, and South Dakota -- authorized the legal use of recreational marijuana in the Nov. 3 election. They join 11 other states and the District of Columbia in legalizing pot for recreational purposes.” That Could Help Drive More Interest in Cannabis Companies Pure Extracts Technologies Corp.(CSE:PULL)(OTC:PRXTF), for example, a plant-based extraction company, focused on cannabis, hemp, functional mushrooms, and the rapidly emerging psychedelic sector, announced that its common shares are now eligible for electronic clearing and settlement through The Depository Trust Company in the United States. The Company's common shares are quoted in the United States on the OTC Market under the symbol "PRXTF". DTC is a subsidiary of The Depository Trust & Clearing Corporation, a United States company that manages the electronic clearing and settlement of publicly-traded companies. Securities that are eligible to be electronically cleared and settled through DTC are considered "DTC eligible." This electronic method of clearing securities speeds up the receipt of stock and cash and thus accelerates the settlement process for investors and brokers, enabling the stock to be traded over a much wider selection of brokerage firms. In addition to trading in the United States on the OTC Market, the Company's common shares will continue to trade on the Canadian Securities Exchange (CSE) under the symbol "PULL" and the Frankfurt Stock Exchange under the WKN number "A2QJAJ" Pure Extracts CEO, Ben Nikolaevsky, remarked, “DTC eligibility is a major step forward in increasing liquidity, broadening our shareholder base and building a strong presence for our company within the US capital markets sphere. This is an important step in amplifying our story to a wider audience”.Other companies in the sector include: cbdMD Inc. (NYSE:YCBD), one of the world’s leading, and most highly trusted and recognized CBD health and wellness companies, announced that it is entering the global beauty and skincare market with the brand’s launch of “cbdMD Botanicals”. The new beauty and skincare line features 15 luxury products, including facial oil and serum, toner, moisturizers, clearskin, facial masks, exfoliants, and body care. Aleafia Health Inc. (TSX:AH)(OTC:ALEAF) just announced it will commence cannabis exports to the Israeli medical cannabis market. The Company signed a binding letter of intent with Equinox International Ltd., a licensed British medical cannabis company with operations in the Israeli market. Under the LOI, Equinox has committed to purchasing approximately 1,400 kg of dried flower in 2021. The first shipment to Equinox is expected to occur in Q1 2021 pending receipt of necessary import and export permits and completion of Aleafia’s cultivation cycle. Permit applications have already been submitted and will mark the first export of EU GACP-compliant dried flower grown at Aleafia’s Niagara Greenhouse facility. GrowGeneration Corp. (NASDAQ:GRWG), the nation's largest chain of specialty hydroponic and organic garden centers, announced the acquisition of Indoor Garden & Lighting, a two-store chain of hydroponic equipment and indoor gardening supply stores serving the Seattle and Tacoma, Washington area. The Company will be consolidating its current Seattle operation into the acquired stores. This acquisition brings the total number of GrowGen hydroponic garden centers nationwide to 40 stores. "We're thrilled to kickstart 2021 with our acquisition of Indoor Garden & Lighting, which boasts a strong commercial customer base and a talented team of grow professionals," said Darren Lampert, GrowGeneration's CEO. "This deal expands our footprint in the Pacific Northwest and puts us in close proximity to Tacoma's large commercial operators. With the addition of Indoor Garden & Lighting, we expect Washington's thriving adult-use market to generate annual revenues of $10 million for GrowGen." Neptune Wellness Solutions Inc. (NASDAQ:NEPT)(TSX:NEPT), a diversified and fully integrated health and wellness company focused on natural, plant-based, sustainable and purpose-driven lifestyle brands, has announced Mood RingTM recreational cannabis products will be available for purchase — for the first time — this week in British Columbia. The Company marked Mood Ring's official entrance into the Canadian market with a virtual conference involving journalists from various media outlets, and key Neptune executives. “This is a landmark moment for Neptune as we embark on widespread distribution through-out the Canadian market,” said Michael Cammarata, Neptune's Chief Executive Office and President. “The Company's mission is to become the brand leader in cannabis and we have established a KPI program that we believe will deliver new and innovative SKUs for the next five successive quarters. Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. Winning Media is only compensated for its services in the form of cash-based compensation. Pursuant to an agreement Winning Media has been paid three thousand five hundred dollars for advertising and marketing services for Pure Extracts Technologies Corp. by a third party. We own ZERO shares of Pure Extracts Technologies Corp. Please click here for full disclaimer. Contact Information: 2818047972 ty@LifeWaterMedia.com