Cannabis Stock News- Investing in Cannabis and Hemp Stocks

Monday, July 13, 2020

Investor Ideas #Potcasts, #Cannabis News and #Stocks on the Move; Episode 440 (TSX: $VLNS.TO) (NASDAQ: $GNLN) (CSE: $CURA.C) (TSX: $HMMJ.TO)

Investor Ideas #Potcasts, #Cannabis News and #Stocks on the Move; Episode 440 (TSX: $VLNS.TO) (NASDAQ: $GNLN) (CSE: $CURA.C) (TSX: $HMMJ.TO)

Delta, Kelowna, BC, July 10, 2020 (Investorideas.com Newswire) www.Investorideas.com, a global news source covering leading sectors including marijuana and hemp stocks and its potcast site, www.potcasts.ca release today’s podcast edition of cannabis news and stocks to watch plus insight from thought leaders and experts.

Listen to the podcast:

https://www.investorideas.com/Audio/Podcasts/2020/071320-StocksToWatch.mp3

Read this in full at https://www.investorideas.com/news/2020/cannabis-potcasts/07131VLNS-GNLN-CURA-HMMJ.asp

Hear Investor ideas cannabis potcast on Apple podcasts iTunes

Hear the investor ideas potcast on Spotify

Today’s podcast overview/transcript:

Good afternoon and welcome to another episode of Investorideas.com "Potcast" featuring cannabis news, stocks to watch as well as insights from thought leaders and experts.

In today’s podcast we look at a few public and private company announcements.

The Valens Company Inc. (TSX: VLNS) (OTCQX: VLNCF) announced its participation in a Medical Cannabis Real-World Evidence Study led by Dr. Hance Clarke of the University Health Network (UHN) in Toronto, Canada. The study will explore the therapeutic effects of medical cannabis in adults with chronic pain, sleep, or anxiety issues, and will leverage the blockchain secure technology of the Medical Cannabis by Shoppers online product portal of both tested and verified cannabis products.

The Valens Company has contributed to the study with the inclusion of Nūance, its exclusive brand of premium cannabis oil developed by the Company for Medical Cannabis by Shoppers. As part of the study, the Nūance line of THC and CBD oils will be tested, with the verified results on each batch made available through the Medical Cannabis by Shoppers portal for each physician and patient. Patients will be able to identify the contents of their product through the platform, including potency levels of THC and CBD, and confidently rely on the data to ensure batch-to-batch consistency and quality. The goal of this study is to provide physicians, pharmacists, and patients with confidence in medicinal cannabis products as an alternate treatment for various ailments, including pain relief.

"Nūance oils are developed exclusively for Shoppers Drug Mart with medical cannabis patients at the core. To be able to participate in this real-world study and have the opportunity to understand how our products could be used as a treatment is an exciting step in the right direction for us," said Tyler Robson, Chief Executive Officer of The Valens Company. "With insights and data from this study, we look forward to further advancing our commitment to developing and testing the highest-quality and most reliable products for patients using cannabis for both medical purposes as well as recreational consumers."

"Medical Cannabis by Shoppers is best placed to offer Canadians the reassurance of medical products that have been tested and validated," said Ken Weisbrod, Vice President, Business Development/Cannabis Strategy, Shoppers Drug Mart. "Our development of a blockchain secured initiative with TruTrace has now been integrated into an operational portal that will provide products with an immutable digital identity that can capture everything from detailed chemistry down to its DNA."

The MC-RWE Study is a prospective, non-interventional, observational study to describe the benefits of medical cannabis for various common medical issues and seeks to enroll at least 2,000 subjects from across Canada who will be followed for 24 weeks. More on this study can be found here.

Greenlane Holdings, Inc. (NASDAQ: GNLN), one of the largest global sellers of premium cannabis accessories, child-resistant packaging, supply, and specialty vaporization products, announced today their partnership with NEO Plastics, an innovative packaging company providing an entirely new sustainable solution for discarded plastics. Available this July exclusively to Greenlane customers, NEO Packaging adds an environmentally-friendly offering to Greenlane’s existing packaging lines.

NEO Plastics supports landfill gas-to-energy efforts to enhance the end-of-life value of plastic packaging. NEO’s packaging contains an additive that accelerates the natural microbial digestion of the packaging’s material faster than standard plastic alternatives. During this process, biogases are released and can be collected and turned into clean, renewable energy which can be used to power communities.

“Sustainable packaging is in very high demand in the cannabis industry and we are proud to offer an environmentally-friendly alternative to our customers,” said Aaron LoCascio, Co-Founder and CEO of Greenlane Holdings. “NEO Plastics produces innovative and forward-thinking products that convert waste challenges into energy opportunities and we are excited to help them on their mission to spread awareness about the world’s environmental needs.”

NEO Packaging does not change the feel, form, or function of traditional mylar bags, allowing it to maintain its high-barrier properties. They are ASTM and CPSC child-resistant compliant with a concealed child-resistant zipper. The packaging will be available in six sizes ranging from a gram to a pound and come in two colors. A wide variety of made-to-order customization capabilities are available, including stateside and overseas printing and application enhancements. This product line is competitively priced at or below market prices of traditional mylar barrier bags.

Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) today announced that Curaleaf has completed the acquisition from Grassroots of exclusive rights to the Grassroots' All Rebels Rockers, Inc. marijuana license in Arizona. The transaction was completed in advance of the closing of Curaleaf's acquisition of Grassroots to enable accelerated development of the All Rebel Rockers license.

Curaleaf's acquisition of Grassroots itself is expected to close early next week, after the Grassroots shareholders meeting scheduled to approve the revised transaction on July 16.

Joseph Lusardi, CEO of Curaleaf, said, "Our acquisition of our 9th license in Arizona further strengthens our presence in the state, which continues to be one of the largest medical cannabis markets in the country. It also marks one of the final milestones before we formally close our acquisition of Grassroots."

Under this license Curaleaf will open its 9th store, as it currently operates eight dispensaries in Arizona and already has one of the largest retail footprints in the Metro Phoenix Area. Arizona is one of the largest medical marijuana markets in the U.S. with one of the highest percentages of registered patients.

The close of the acquisition of Grassroots will make Curaleaf the world's largest cannabis company by revenue and the most diversified, vertically integrated cannabis company in the United States, the world's largest cannabis market. The transaction expands Curaleaf's presence from 18 to 23 states, with the combined company having over 135 dispensary licenses, 89 operational dispensary locations, over 30 processing facilities and 22 cultivation sites with 1.6 million square feet of current cultivation capacity.

Horizons ETFs Management (Canada) Inc. has completed the quarterly rebalance of the constituent holdings of the Horizons Marijuana Life Sciences Index ETF (TSX: HMMJ) and the Horizons US Marijuana Index ETF (NEO: HMUS).

HMMJ seeks to replicate, to the extent possible, the performance of the North American Marijuana Index, net of expenses. This index is designed to provide exposure to the performance of a basket of North American publicly listed life sciences companies with significant business activities in the marijuana industry. The North American Marijuana Index selects from a current universe of companies that have operations that may include one or more offerings of biopharmaceuticals, medical manufacturing, distribution, bio-products and other ancillary businesses related to the marijuana industry. Securities within HMMJ's index generally have a market capitalization of greater than C$75 million.

"Following volatility that impacted nearly all asset classes across global markets in March, marijuana companies saw a strong recovery in the first two months of Q2 2020. HMMJ was up more than 15% for the three months ending at June 30, 2020," said Steve Hawkins, President and CEO of Horizons ETFs. "While there is volatility within the marijuana space again, the investing case remains strong: after Canadian adult-use cannabis sales set new record highs in March they remained consistently strong into April, reaching over $180 million."

Investor ideas reminds all listeners to read our disclaimers and disclosures on the Investorideas.com website and that this podcast is not an endorsement to buy products or services or securities. Investors are reminded all investment involves risk and possible loss of investment.

Learn more about our cannabis podcasts at https://www.investorideas.com/Audio/Potcasts.asp

Or www.potcasts.ca

Hear Investor ideas cannabis potcast on iTunes

Hear the investor ideas potcast on Spotify

To hear more Investorideas.com podcasts visit: https://www.investorideas.com/Audio/.

Investorideas.com podcasts are also available on iTunes, Spotify, Google Play Music, Stitcher, Spreaker, YouTube via Spreaker, iHeartradio and Tunein.

Potcasts is now a certified word mark Trademark on the blockchain through Cognate, Inc. CM Certification-Registration Number: 10468217708

About Investorideas.com - News that Inspires Big Investing Ideas

Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column, Cleantech and Climate Change , Exploring Mining the AI Eye .

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

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Get more Cannabis Stock Investor Ideas – news, articles, podcasts and stock directory

Friday, July 10, 2020

Investorideas.com - Cannabis Stock News: The Green Organic Dutchman (TSX: $TGOD.TO) (US: $TGODF) Provides Update on EU-GMP Certification

Investor Ideas #Potcasts, #Cannabis News and #Stocks on the Move; Episode 439 (CSE: $MWM.C) (TSX: $RIV.TO) (OTC: $CNPOF) (CSE: $ACRG_U.C)

Investor Ideas #Potcasts, #Cannabis News and #Stocks on the Move; Episode 439 (CSE: $MWM.C) (TSX: $RIV.TO) (OTC: $CNPOF) (CSE: $ACRG_U.C)

Listen to the podcast:

https://www.investorideas.com/Audio/Podcasts/2020/071020-StocksToWatch.mp3

Read this in full at https://www.investorideas.com/news/2020/cannabis-potcasts/07101MWM-RIV-CNPOF-ACRG.asp

Hear Investor ideas cannabis potcast on Apple podcasts iTunes

Hear the investor ideas potcast on Spotify

Today’s podcast overview/transcript:

Good afternoon and welcome to another episode of Investorideas.com "Potcast" featuring cannabis news, stocks to watch as well as insights from thought leaders and experts.

In today’s podcast we look at a few public and private company announcements.

Micron Waste Technologies Inc. (CSE: MWM) (OTC: MICWF) announced that, further to its news releases on April 20, 2020, and May 19, 2020, the Company has completed the acquisition of all of the issued and outstanding shares of Covid Technologies Inc. pursuant to the terms of a share exchange agreement, effective May 18, 2020 among the Company, Covid Technologies, and the securityholders of Covid Technologies.

Pursuant to the terms of the Definitive Agreement and in consideration of the Acquisition, the Company issued to the former Covid Technologies securityholders:

● an aggregate of 16,500,000 common shares of the Company (the "Consideration Shares") at a deemed price of $0.08 per Consideration Share; and

● an aggregate of 16,500,000 replacement warrants (the "Replacement Warrants") exercisable into common shares in the capital of the Company for a price of $0.10 for a period up to and including April 28, 2025.

Additionally, effective upon closing of the Acquisition, Harveer Singh Sidhu was appointed to the Company's board of directors.

Cannabis industry veterans Angelina Blessed, Dome Duong, and Riley Starr officially launched Gallery Brands. The house of brands founded by the experienced and trusted legacy market leaders will provide superior quality, precisely dosed, and expertly curated cannabis products to the Canadian market.

The team has worked coast-to-coast over 15 years collectively within the Canadian cannabis industry to develop products focused on quality and care. Under Gallery Brands, they are excited to bring their legacy market products to the regulated market. Navigating the world of cannabis can be overwhelming to the Canadian consumer, especially with the number of new brands popping up to ride the latest trend, only to disappear just as quickly.

With their experience, the Gallery team has simplified the process of discovery by ignoring the noise and focusing on their vast product and cannabis industry knowledge. Their carefully curated portfolio is geared towards a wide range of consumers, from the "canna-curious" testing the waters of the cannabis market for the first time to the seasoned connoisseur searching for fluent subject matter "OG" experts.

"For Blessed, our brand philosophy is simple and authentic to my own lifestyle as a competitive Muay Thai fighter and someone who has been consuming and creating my own cannabis products for years: Train. Treat. Repeat. As a competitive athlete, I am always focused on taking care of my body, which includes what I put in it. I care deeply about the quality of cannabis and products that myself and individuals are consuming and have available to them, and above and beyond the Blessed line of products, I am most excited about shedding light on the benefits of full-spectrum cannabis oil which has a wide range of benefits including healing properties and vitamins, both of which are essential during intense recovery." Said Angelina Blessed, Founder, Blessed.

"Bringing the Little Farma products to the regulated market has been a labour of love. We've been doing this for four years, and for the team, our passion lies in science, experimentation, and innovation. With this in mind, we're able to come to the market with unique, premium, science and lab-backed formulations." Said Dome Duong, Co-founder, Little Farma.

"Cannabis, for me, has always been a way to experience a deeper appreciation of visual beauty and exceptional flavours. It just made sense to create a product line that engages the eyes and the palette on the same level. I'm thrilled to be able to bring my gourmet-inspired product line to those that are new to cannabis and looking for a safe starting point, as well as the seasoned cannabis connoisseur seeking the highest level of quality in their edibles." Said Riley Starr, Founder, Flir.

The three Gallery Brands Founders have also come together to formulate a fourth brand, Calla, which is the first of many in-house collaborations. Calla carries the triad's combined 15 years of expertise and adoration for the plant. Aligned with Gallery Brands' uncompromising commitment to quality, Calla offers the perfect blend for the perfect moment—Calla is cannabis for all.

The Gallery portfolio will include chocolates, oils, bottled tea, oil capsules, vape pens, gummies, and infused spring water. With legacy roots, Gallery Brands represents craftsmanship, culture, and curation. Whether consumers are looking for a pre-workout performance boost or post-workout recovery with Blessed, culinary decadence with flir, an adventure companion with Little Farma, or a perfect blend with Calla, Gallery Brands provides quality cannabis product options to Canadian consumers.

Canada may now need to consider new risk-based approaches to regulate and tax innovative tobacco products differently than cigarettes to help the country's 4.5-million smokers quit entirely or switch to better alternatives to cigarettes, Rothmans, Benson & Hedges Inc. said today.

Risk-based regulation, when coupled with technological innovation and scientific substantiation, can be a formula for a public health breakthrough in both reducing the prevalence of smoking in society and converting those who would otherwise continue to smoke to scientifically substantiated better alternatives, RBH said.

RBH calls for action after a historic decision this week by the U.S. Food and Drug Administration (FDA) authorized the marketing of IQOS as a Modified Risk Tobacco Product (MRTP) in the United States. In doing so, the agency found that an IQOS exposure modification order is appropriate to promote public health.

IQOS is available for sale in Canada, produced by RBH's parent company Philip Morris International Inc., as part of a portfolio of innovations intended to reduce both the exposure and potentially the harm from smoking cigarettes.

The FDA authorized the marketing of IQOS with the following information:

"Available evidence to date:

● The IQOS System heats tobacco but does not burn it.

● This significantly reduces the production of harmful and potentially harmful chemicals.

● Scientific studies have shown that switching completely from conventional cigarettes to the IQOS system reduces your body's exposure to harmful or potentially harmful chemicals."

The FDA concluded that the available scientific evidence demonstrates that IQOS is expected to benefit the health of the population as a whole, taking into account both users of tobacco products and persons who do not currently use tobacco products.

The FDA's decision provides an important example of how governments, industry and health stakeholders can incorporate a harm-reduction mindset to regulate smoke-free alternatives to differentiate them from cigarettes in order to protect and promote public health.

Three of Canopy Rivers Inc.'s (TSX: RIV) (OTC: CNPOF) portfolio companies have made recent announcements as they aim to introduce new or expanded choices for cannabis consumers and medical patients in Canada and the U.S.

"We continue to be impressed with the ability of our portfolio companies to respond to shifting consumer demands in the cannabis space while executing on their long-term strategies," said Narbé Alexandrian, President and CEO, Canopy Rivers. "We still see greenfield in the Canadian brand market, and we are excited to see both Agripharm and Dynaleo taking steps to introduce Canadians to brands that have proven track records in U.S. markets."

More details on these developments are included below:

● Dynaleo Inc., an Edmonton-based manufacturer of cannabis-infused gummies, signed its first letter of intent ("LOI") with Pantry, a California-based edibles brand that says it has bridged the worlds of culinary arts, cannabis, and wellness. The agreement follows Dynaleo's receipt of its processing licence from Health Canada and marks Pantry's first international expansion beyond the U.S. where it distributes cannabis-infused food brands for the recreational market. Dynaleo hopes that the LOI will be a first step in the company's goal to close the gap between supply and consumer demand for gummies in Canada.

● Agripharm Corp. received a licence amendment from Health Canada to allow for the sale of dried cannabis, extracts, edibles, and topicals. The amendment enables Agripharm to exercise its exclusive rights to introduce brands from SLANG Worldwide Inc. ("SLANG") and Green House Seed Co. to the Canadian market. Agripharm plans to initially launch three products from SLANG's portfolio, including the Firefly Mini vapourizer, O.penVAPE, and Bakked Dabaratus, a one-click dabbing solution that delivers a dose of extract.

● TerrAscend Corp. opened its third retail dispensary location in Pennsylvania. Jason Ackerman, TerrAscend's CEO, noted that this third Apothecarium location signals the company's commitment to local patients as the state's medical program continues to grow. The newly renovated, 5,000 square foot medical dispensary is designed to enhance patient experiences and features private consultation rooms, highly trained staff, a wide variety of products, and options for online ordering.

Acreage Holdings, Inc. (CSE: ACRG.U) (OTCQX: ACRGF) today announced that the Massachusetts Cannabis Control Commission (“CCC”) has granted the Company provisional licenses for the retail sale of adult-use cannabis in Worcester and Shrewsbury. Acreage will add adult-use retail sales to its existing The Botanist dispensary in Worcester, MA, which opened as a medical marijuana treatment center in 2018, and it will open a new The Botanist dispensary in Shrewsbury, MA. The CCC voted to grant the provisional licenses at its monthly meeting earlier today.

Acreage anticipates beginning retail sales at both locations as quickly as possible following further regulatory inspections and approvals. The Worcester dispensary is located at 65 Pullman Street, Worcester, MA. The Shrewsbury dispensary will be located at 235 Hartford Turnpike, Shrewsbury, MA. The company’s third The Botanist dispensary in Massachusetts is located in the Town of Leominster.

Once all approvals are completed and the dispensaries are fully operational, Acreage anticipates adding more than 40 new jobs in Massachusetts.

Separately at today’s CCC meeting, the commissioners approved a stipulated agreement in which Acreage has agreed to make a $250,000 payment to the Cannabis Control Commission Regulation Fund. The payment is related to previously terminated Management Services Agreements.

With today’s actions, Acreage looks forward to completing the licensing process and bringing the Commonwealth’s citizens its full House of Brands product portfolio, including its The Botanist, Live Resin and Tweed brands, the latter being a Canopy Growth brand that Acreage introduced in the U.S. last year.

Learn more about our cannabis podcasts at https://www.investorideas.com/Audio/Potcasts.asp

Or www.potcasts.ca

Hear Investor ideas cannabis potcast on iTunes

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To hear more Investorideas.com podcasts visit: https://www.investorideas.com/Audio/.

Investorideas.com podcasts are also available on iTunes, Spotify, Google Play Music, Stitcher, Spreaker, YouTube via Spreaker, iHeartradio and Tunein.

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Get more Cannabis Stock Investor Ideas – news, articles, podcasts and stock directory

New Investor Ideas – New #Stocks added for Cannabis (CSE: $XSF.C), Mining (CSE: $CLAR.C) (CSE: $IVOR.C) (CSE: $CRVC.C), Vegan Foods (CSE: $MEAT.C) and Gaming (CSE: $BETS.C)

New Investor Ideas – New #Stocks added for Cannabis (CSE: $XSF.C), Mining (CSE: $CLAR.C) (CSE: $IVOR.C) (CSE: $CRVC.C), Vegan Foods (CSE: $MEAT.C) and Gaming (CSE: $BETS.C)

Point Roberts WA, Delta BC, July 10, 2020 – (Investorideas.com Newswire) Investorideas.com, a global news source and leading retail investor resource announces its weekly roundup of stocks added to its global stock directories, including cannabis, mining, vegan and gaming.

Read this in full at https://www.investorideas.com/news/2020/main/07101Stocks.asp

All new companies are listed on the CSE (Canadian Stock Exchange).

The latest cannabis company provides equipment leasing solutions in the United States to owner/operators of cannabis and hemp companies.

The newest mining companies all operate in British Columbia, as does the latest vegan/plant-based food company.

The latest gaming company offers online and mobile gaming along with sports betting and casino offerings.

New Stocks added to Cannabis stocks directory

XS Financial Inc. (CSE:XSF) Formerly Xtraction Services Holdings Corp - specializes in providing equipment leasing solutions in the United States to owner/operators of cannabis and hemp companies, including cultivators, oil processors, manufacturers, testing laboratories, among others. In addition, XS provides a full range of consulting services including equipment selection and procurement, through its network of preferred vendor partnerships with original equipment manufacturers and equipment distributors. This powerful dynamic provides an end-to-end solution for customers, which results in recurring revenues, strong profit margins, and a proven business model for XS stakeholders.

New Stocks added to Mining stocks directory

Clarity Gold Corp (CSE:CLAR) is an exploration stage mineral resources company whose principal business activities include acquiring, exploring and evaluating strategic gold properties.

Ivor Exploration Inc. (CSE:IVOR) is a resource exploration issuer that acquires and explores mineral properties. Ivor's intentions are to explore and develop its principal property in British Columbia.

Cross River Ventures Corp. (CSE:CRVC) is engaged in the business of exploration of mineral properties in Canada. The Company holds an option to acquire a 100% undivided interest in the Tahsis Property, located in Northern Vancouver Island, British Columbia, in the Nanaimo Mining Division, which is in the exploration stage.

New Stocks added to Vegan stocks directory

Modern Meat Inc. (CSE:MEAT) Formerly Navis Resources - is a plant-based meat alternative company based in Vancouver, British Columbia. The Company develops a portfolio of nutritious, gourmet vegan food crafted from natural ingredients. All products are chef curated with proprietary recipes that are free of soy, gluten, nuts and gmo’s. Modern Meat’s mission is to change the way food is produced and consumed for the benefit of people, animals and the environment.

New Stocks added to Gaming stocks directory

i3 Interactive Inc. (CSE:BETS) is in the business of providing customers with an online and mobile gaming platform which provides sports fans worldwide with a unique and highly-engaging social gaming product, and sports betting and casino product offering. In an effort to break into the various emerging global markets, i3 has secured partnerships with key industry contacts, including Dan Bilzerian, an internationally known and widely respected social media celebrity with over 50 million social media followers.

The directories are not meant as recommendations but as a research tool to discover opportunities and trading ideas in a particular sector.

About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news and press releases, research and our own original financial content. We were one of the first retail investor sites to cover renewable energy and cleantech stocks at investorideas.com and our domain Renewableenergystocks.com. We were also one of the most well- known and cited defense stock sites, featuring our domain Homelanddefensestocks.com at its peak.

We follow the money for investors as sector sentiment shifts and technology disrupts. Our mission is to provide investor ideas with breaking news, resources, industry articles and interviews with leading experts.

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SinglePoint (OTCQB: $SING) Presents: The History of the #Hemp Plant and its Role in American History; @_Singlepoint_

SinglePoint (OTCQB: $SING) Presents: The History of the #Hemp Plant and its Role in American History; @_Singlepoint_

Phoenix, Arizona - July 10, 2020 (Investorideas.com Newswire) SinglePoint, Inc. (OTCQB: SING) : The history of the hemp plant dates back all the way to 10,000 BCE. Hemp has been used for thousands of years, from medicinal purposes to use in everyday items, like pottery or rope. As a matter of fact, hemp was so popular because of its versatility that throughout history, farmers were fined if they did not grow the beloved crop. Check out the history of hemp throughout the millennia, and how it's played a role in American history.

Read this news featuring SING in full at https://www.investorideas.com/CO/SING/news/2020/07101HempPlant-AmericanHistory.asp

The Beginnings of Hemp

Beginning in 8,000 BCE, traces of hemp were found in modern-day China and Taiwan, where archaeologists found a piece of pottery with hemp cord marks on it alongside a stone beater that was used for pounding hemp. With human agriculture started about 10,000 years ago, it isn't hard to believe that hemp was one of the first fiber plants to be cultivated. Take a look at the timeline of hemp in early civilizations.

3,500 BCE: Hemp was used in Egypt as rope in the construction of the pyramids.

2,000 BCE - 800 BCE: Hemp is considered one of the five sacred plants of India, according to the Hindu sacred text Atharvaveda.

600 BCE: Hemp rope was discovered in southern Russia.

500 BCE: A jar of hemp seed and leaves are discovered in Germany.

100 BCE: China uses hemp plants to make paper.

570 BCE: French Queen Arnegunde was buried in hemp cloth.

1533: King Henry VIII of England fines farmers if they do not grow hemp plants.

1606: North America was first introduced to the hemp crop.

1700s: Early laws require American farmers in several colonies to grow hemp plants.

1740: Russia produced at least eighty percent of the hemp that was used in Europe for

sails, rope, nets, and more.

The Hemp Plant And The U.S.

Hemp started booming in America after it started being cultivated in the 1700s, with The Declaration of Independence itself being written on hemp paper, and then President Lincoln using hemp seed oil to fuel his household lamps. Fast forward to the 20th century and the hemp plant began its rollercoaster journey that followed into the 21st century.

1850: United States Census counts over 8,000 hemp plant farms, each of which is 2,000 acres or bigger.

1937: The Marijuana Tax Act is passed, placing a tax on all cannabis sales (including hemp), which led to heavy discouragement to the production of hemp.

1938: Popular Mechanics writes an article about how hemp could be used in 25,000 different products, from dynamite to Cellophane.

1942: USDA begins the "Hemp for Victory" program - this leads to more than 150,000 acres of hemp plant production.

1970: The Controlled Substances Act classifies hemp as a Schedule I drug. Strict regulations imposed on the cultivation of industrial hemp (and cannabis).

2004: Ninth Circuit Court decision in Hemp Industries Association vs. DEA permanently protects sales of hemp foods and body care products in the U.S.

2007: North Dakota issued the nation's first licenses to grow industrial hemp.

2014: Passage of the 2014 Farm Bill, allows "institutions of higher education" and state agriculture departments to grow hemp under a pilot program as long as state law permits it.

2016: A Colorado farm earns the Organic certification from the USDA for its hemp plant.

2018: The 2018 Farm bill, or Agriculture Improvement Act of 2018, was passed by Congress and signed into law on December 20, 2018, removing the hemp plant from the Controlled Substances Act.

Although this list doesn't cover every milestone for the hemp plant for our human history, it does provide the key findings and touchpoints. Hemp plant cultivation in the U.S. has a long history - we look forward to seeing where we go next.

About SinglePoint, Inc.

Founded in 2011 SinglePoint, Inc (SING) invests in and acquires brands and companies that will benefit from injection of growth capital and the sales and marketing expertise of SinglePoint. The company portfolio currently includes solar, hemp and technology applications. SinglePoint is working to grow the company to a multinational brand.

Connect on social media at:

https://www.facebook.com/SinglePointMobile

https://twitter.com/_Singlepoint_

https://www.linkedin.com/company/singlepoint

https://www.youtube.com/user/SinglePointMobile

For more information visit: www.SinglePoint.com

Forward-Looking Statements

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the Company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.

Technical complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above. The Company undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.

Corporate Communication

SinglePoint Inc.
888-OTC-SINGinvestors@SinglePoint.com
SinglePoint.com

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