A landmark study has found that cannabidiol (CBD) doesn’t trigger driver impairment when taken in small doses while the impairment caused by THC fizzles out in just a matter of hours.

The researchers based at Sydney University in Australia concluded that when drivers consume small amounts of THC, which trigger intoxication similar to that experienced by an individual who takes alcohol resulting in a 0.05 percent blood alcohol level, the impairment of their driving competence faded within four hours after consumed the dose of marijuana.

This study comes at a time when many people are concerned about the likely effects of the increasing legalization of cannabis, either for medicinal or recreational purposes.

For example, opponents of legalization keep insisting that cases of cannabis-impaired driving will increase, but the lack of concrete evidence to that effect waters down their arguments.

Similarly, medical cannabis patients constantly worry that they could be prosecuted for impaired driving days after they consumed their medicine if metabolites are detected in their blood during a roadside test.

The Sydney research helps to reassure all concerned, especially those users the substance, that they are unlikely to endanger anyone on the road as long as wait several hours after consuming the small dose of THC-rich medical marijuana.

To quantify the impact of cannabinoids upon drivers, the scientists divided the study participants into four groups. Each group was then requested to vaporize a different cannabis blend. One blend mainly had THC, another contained mainly cannabidiol, a third product was composed of a mix of those two cannabinoids, while the fourth product was a placebo with hardly any cannabinoids.

For all blends having the two main cannabinoids being studied, the concentration was capped at 13.75 mg.

All participants then had to drive (twice) 100 km on a highway in the Netherlands. The first drive was initiated 40 minutes after the participants had vaporized the blend, while the second round of driving took place four hours later. Each driver had a licensed instructor observing them throughout the trip.

A barrage of data was collected from the drivers in a laboratory. For example, the concentration of cannabinoids in their blood was measured, as was their cognitive performance. During the driving test, each participant was observed to see the extent to which their vehicle drifted outside their specific assigned lane. This is a common metric used to track impaired driving.

The study indicates that for the drivers who had taken the small dose of CBD, no signs of impairment were detected during either of the  driving tests. However, individuals who consumed the product containing THC exhibited mild levels of impairment similar to what would be seen in a person whose blood alcohol level was 0.05%.

Four hours later, the THC group of study participants didn’t exhibit any sign of impairment, and their blood tests showed that the cannabinoid had tapered off.

It is interesting to observe that the researchers noticed that, unlike what happens when people take impairment-inducing amounts of alcohol, those who took THC appeared to be aware of their diminished driving abilities as they revealed that they felt less confident while taking to the wheel.

This study is one of the first to provide verifiable data about the impact of small doses of CBD and THC on drivers but shouldn’t be relied upon to indicate what could happen when bigger doses of these compounds are consumed.

Many companies have come up to make a variety of cannabis products, and those companies are thriving. One of the notable firms in this regard is The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER). Its innovative electrolysis process has helped the company establish a strong reputation for its bottled and perfectly balanced alkaline water, as well as its CBD-infused products.

About CNW420

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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Australia hasn’t made a lot of progress towards electrifying its roads. While countries such as the UK, France and Germany have set clear targets for banning the sale of new internal combustion engine (“ICE”) vehicles, Australia’s climate politics has been described by some as “broken.” The country currently has a paltry 20,000 electric vehicles on the road, and only 0.6% of new cars sold in the country are electric.

Now the state of Victoria is planning to introduce a road user tax for electric vehicles (“EVs”) that has the potential to cripple the EV industry before it even takes off. The Victorian government wants to impose a charge of 2.5c a kilometer on electric vehicles and 2c/km on hybrid plug-in cars. The argument is that folk who drive ICE vehicles pay for the roads through a national excise on fuel, a charge EV drivers do not have to pay. According to a government spokesman, the tax will make sure that all Victorian motorists pay their fair share.

However, critics of the proposed tax say that it could jeopardize the adoption of electric vehicles in the country. Federal government modelling, based on current policies, had posited that electric vehicles would make up 65% of new vehicles sold by 2050, says Dr. Lake Whitehead from the University of Queensland’s Dow Center for Sustainable Engineering Innovation. His analysis found that if the 2.5c tax rate were imposed without any incentives, EVs would make only 40% of new vehicle sales by 2050.

This equates to at least 4.9 million fewer electric vehicles sold. As the amount of cars on the roads are forecast to increase significantly, having a reduced number of zero-emission electric vehicles will likely lead to increased greenhouse emissions. Without additional measures such as reducing or altogether removing stamp duty, registration costs and road tolls, Whitehead says, electric vehicles will be too pricey for most drivers to switch.

His analysis found that the 2.5c/km tax would be equivalent to a $4,500 bump in the vehicle’s initial purchase price while a $5 congestion tax usually charged in inner-city areas capped at $15 a day would add $2,800 to the price. He concludes that the proposed EV tax is “completely incongruent” and does not line up with the state’s target of achieving net-zero emissions by 2050. Although a road user tax does make sense, it would only work for the EV industry if it was accompanied by incentives that made EVs more affordable.

Elsewhere, the electric vehicle sector is seeing rapid transformations. For example, Net Element (NASDAQ: NETE), a global fintech firm that supports the making and receiving of electronic payments, is set to merge with EV maker Mullen Technologies Inc.

NOTE TO INVESTORS: The latest news and updates relating to Net Element (NASDAQ: NETE) are available in the company’s newsroom at http://ibn.fm/NETE

About Green Car Stocks

Green Car Stocks (GCS) is a specialized communications platform with a focus on electric vehicles (EV), as well as other emerging market opportunities in the green sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, GCS 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. By cutting through the overload of information in today’s market, GCS brings its clients unparalleled visibility, recognition and brand awareness. GCS is where news, content and information converge.

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• NETE results include year-over-year increases in revenue and transaction volume
• 45% of NETE clients in restaurant business, management expects rebound once states reopen
• NETE plans to divest payments processing model to enter EV industry through reverse-merger with privately-held Mullen Technologies Inc.

Net Element (NASDAQ: NETE), a global financial technology and payments processing company, recently posted its Q3 2020 results showing improved revenues despite continued shutdowns in NY and California. The value-added solutions group supports electronic payments acceptance in an omni-channel environment that spans point-of-sale, e-commerce applications and mobile devices for small to medium enterprises in the U.S. and selected emerging markets.

Business closures due to COVID-19 have affected NETE revenues negatively, particularly for the restaurant industry that comprises approximately 45% of its customer base. With most of the business coming from the southern states, NETE management believes that card processing volumes for the company could rebound sharply if their customers in New York and California could open up again.

Despite the negative outlook and overall sinking economy, company revenues improved in Q3 2020, coming in at $16.7 million from $13.7 million in Q2 2020 (https://ibn.fm/S1d2d). Other highlights from their Q3 results include a year-over-year increase in total transaction volume from $956.2 million to $953.7 million and a year-over-year increase in their North American Transaction Solutions segment to $16.07 million from $15.9 million (https://ibn.fm/od2oj).

The company reported a net loss to common stockholders of approximately $0.52 per share or a total net loss of $2.3 million – almost twice the $1.0 million net loss or $0.24 per share loss for the same period in 2019. The $1.3 million net loss increase is primarily attributed to an increase in non-cash compensation of approximately $1.1 million and an increase in bad debt expense amounting to approximately $200,000.

Gross margin for the quarter was $2.2 million or 13.0% of net revenues, down from $2.7 million or 16.3% for the same period in 2019, attributed to the increased competitive pressure in the industry. Year-over-year operating expenses increased to $4.1 million from $3.6 million while salaries, benefits, taxes and contractor payments decreased by approximately $0.4 million due to staffing reductions connected to COVID-19.

Earlier this year, NETE announced plans to divest itself of its payments processing services in order to enter the electric vehicle industry through a reverse merger with Mullen Technologies. Following the requisite approvals, the transaction will allow the stakeholders of privately-held Mullen to gain a majority of the new stock while accelerating the process of taking the new company public. NETE continues to work diligently on the transaction while Mullen completes its audit and S-4 document with expectations to have it filed by the end of the year.

“We continue working diligently in an effort to finalize the Mullen merger for the benefit of our shareholders,” said Net Element Executive Chairman Oleg Firer.

Formerly ranked as one of North America’s fastest growing companies on Deloitte’s Technology Fast 500(TM) in 2017 and 2018, NETE offers 100-plus payment solutions in an omni-channel environment for small to medium enterprises. Following the approval of its reverse merger with California-based Mullen Technologies, the company plans to divest its payments-as-a-service business model and enter the electric vehicle industry.

For more information, visit the company’s website at www.NetElement.com.

About Green Car Stocks

Green Car Stocks (GCS) is a specialized communications platform with a focus on electric vehicles (EV), as well as other emerging market opportunities in the green sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, GCS 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. By cutting through the overload of information in today’s market, GCS brings its clients unparalleled visibility, recognition and brand awareness. GCS is where news, content and information converge.

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The multibillion-dollar natural resources industry in Utah is thriving, with copper being the most valuable metal extracted in the industry. The Utah Geological Survey (UGS) recently released a report on the state’s mining activities in the last year. Last year’s figures indicate a growth of 2.4%, which equates to more than $90 million. The most valuable metal mineral of the state is copper while the total value with regard to extractive resources, inclusive of gas and oil, is approximated at $6.5 billion. Mining takes up a huge chunk of this value — 60% of it — bringing the value of minerals mined to $3.9 billion.

Michael Vanden Berg, a senior scientist at UGS, stated that the natural resource industry was a strong contributor to the state’s economy in terms of tax revenue and supplying the materials required to develop and support the society. The industry, he noted, also creates jobs for many individuals, especially in rural communities.

The aforementioned report sums up the 2019 values and mineral resource output data for Utah’s mining industry. The report includes unconventional fuel and industrial minerals data as well as data on nonfuel mineral resources, counting precious and base metals, uranium and coal. The report also offers updates on various exploration projects.

In the report, readers learn that Utah was among the top states in the production of industrial minerals and metals last year. Under industrial mineral products, brine was found to be the most valuable, accounting for $483 million with regard to the state’s mining value. Utah’s most precious metal — copper — was valued at $1.2 billion. Comprehensively, metals made up $2.1 billion of the state’s mining value with industrial minerals making up $1.3 billion. In addition to this, the coal market brought in $480 million.

The state is still the only beryllium generator in the country. Its total output of 2019 made up roughly 65% of the total beryllium produced globally. Beryllium is a tough and light metal that has various applications in telecommunications, computer, medical, automobile, aerospace and defense.

Last year, extractive industries in Utah, inclusive of gas and oil, paid federal mineral lease disbursements of roughly $80 million. The coal, gravel and sand, industrial mineral, and metal mining industries in the state also paid property taxes of more than $82 million. Severance taxes related to mining of about $13 million were also paid for by the industry.

Mining employment was cited as stable with employment at coal mines growing from 1,185 workers to 1,397 workers as of 2019.

Outside Utah, the U.S. mining sector has many success stories for the world. A case in point is Energy Fuels Inc. (TSX: EFR) (NYSE American: UUUU), a Colorado-based firm that has surpassed all others across the country with regard to the production of two critical minerals: uranium and vanadium.

About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW 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. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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President Vladimir Putin of Russia has ordered that health officials in the country begin coronavirus vaccinations next week. The country has manufactured about 2 million doses of its vaccine.

President Putin’s statement was made on the same day that Britain gave its seal of approval for the BioNTech-Pfizer vaccine to be made available to the public, also starting next week. In the previous week, the country produced provisional test results of the Sputnik V vaccine that showed that it was more than 95% effective. The vaccine was developed by the National Research Center for Epidemiology and Microbiology.

The vaccine is currently in the phase 3 clinical trial. This is the final stage of testing and has involved around 40,000 volunteers. The vaccine was named after a satellite from the Soviet era. Putin urged health officials to arrange for widespread vaccinations that would ensure that by the end of the coming week, the country would have already begun extensive vaccination. He added that medics and teachers would be the first to be vaccinated, with an additional 2 million vaccine doses or more being manufactured in the days to come.

The Sputnik V vaccine is given in two doses, with the second dose being administered after 21 days. The jab uses two human adenovirus vectors and will be administered voluntarily to individuals. Additionally, the jab will be free for all citizens of the country.

The defense ministry of Russia had previously announced that a widespread campaign to vaccinate service personnel in the army had begun. The objective is to vaccinate more than 400,000 military personnel, aiming to have inoculated at least 80,000 soldiers  by the end of 2020.

Mikhail Murashko, Minister of Health in Russia, stated during a UN video link that more than 100,000 individuals had already been inoculated with the Sputnik V vaccine. The video link was centered on vaccine presentation. The head of the Russian Direct Investment Fund, Kirill Dmitriyev, who was involved in vaccine development, spoke at the same conference, stating that above 40 nations had expressed interest in the Sputnik V vaccine. In addition to this, he said, orders totaling more than 1.2 billion vaccine doses had been made.

Currently, Russia has among the highest cases of the coronavirus globally, with 41,053 casualties and 2,347,401 cases. Last week, health officials reported 25,345 new cases and 589 fatalities. To help contain the virus, authorities plan to close restaurants, concert halls, theatres, museums and bars in St. Petersburg starting Dec. 31.

The novel coronavirus isn’t the only health challenge for which biomedical companies have been working to find solutions. Other challenges, such as chronic diseases, have also received their fair share of attention. For instance, Israel- and New York-based DarioHealth Corp. (NASDAQ: DRIO) has been helping chronic disease patients to make beneficial lifestyle changes using DarioHealth’s smartphone-based software.

About BioMedWire

BioMedWire (BMW) is a bio-med news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with BMW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, BMW 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. By cutting through the overload of information in today’s market, BMW brings its clients unparalleled visibility, recognition and brand awareness. BMW is where news, content and information converge.

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Recent data on cannabis sales in the state of California shows that sales have been doing well despite the pandemic situation. The California Legislative Analyst’s Office (LAO) released a report this week noting that sales figures recorded during summer and revised numbers from 2019 show that the market has grown. This trend has also been observed in various states that have legalized marijuana such as Oregon and Illinois.

LAO estimates that the state of California gathered nearly $41 million of cannabis cultivation fees and $160 million in cannabis tax revenue in the July–September quarter of the 2020/2021 fiscal year. The revised numbers from the 2019/2020 fiscal year with regard to marijuana tax dollars shifted from $477 million to $522 million.

The LAO stated that the marijuana tax revenues grew expeditiously in both 2019 and 2018, adding that this growth had sped up this year in the middle of the coronavirus outbreak.

Data released one week earlier by the state’s Department of Tax and Fee Administration indicates that the state of California is on course to rake in $1 billion in marijuana tax revenue this year. In the first three quarters of 2020, the total sum collected with regard to cannabis taxes adds up to $778.4 million. This figure is inclusive of revenue generated in the third quarter, which totaled $306.8 million.

The revenue collected from the cannabis market will be used to fund a grant program whose aim is to bolster public health and economic justice for communities that have been unreasonably affected by the drug war. Grant applications were made accessible in September.

In Illinois, similar and consecutive growth in cannabis sales have been recorded amid the coronavirus pandemic, generating record-breaking revenue. The state of Illinois reported last month that in October, adult consumers of cannabis bought more than 1,500,000 marijuana products, whose total value was $75,278,200. This indicates an $8 million growth in sales when compared to sales figures from September.

Illinois stated that in October, the state had recorded a cannabis tax achievement, as it raked in more than $100 million in cannabis revenue. The state’s government will be utilizing a portion of the revenue to provide social equity grants to economically distressed communities. Earlier this year, the state had reported that $31 million in grants had been made available.

Last month, regulators in Massachusetts reported that marijuana sales in the state had grossed more than $1 billion since adult-use sales began not more than two years ago. In another report released by Oregon officials, monthly marijuana sales in that state have brought in about $100 million on average this year.

These surges in cannabis sales have benefited numerous cannabis companies, such as The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER), which earlier this year launched its A88CBD™ brand featuring a broad line of CBD topical and ingestible products.

About CNW420

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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The National Institutes of Health extended the COBRE grant valued at over $11 million for the University of Delaware biomedical research team. This will allow the team to proceed to phase 2 of their research.

The Center of Biomedical Research Excellence grant is centered on finding therapeutic leads and chemical probes. The research team is led by Professor Joseph Fox, a professor in the Department of Engineering and Materials Science as well as the Department of Biochemistry and Chemistry. The team of researchers who were awarded the grant are focused on discovering new molecules that can be utilized in studying and treating diseases such as Legionnaires disease, tuberculosis, Crohn’s disease, renal cancer and breast cancer.

University of Delaware President Dennis Assanis stated that interdisciplinary partnerships were a feature of the university’s research and that the grant renewal served as recognition for the successful achievements of the group of biomedical researchers and Fox, their leader. He added that the work the team did would further new therapy development for treating various ailments that have affected many individuals. He finished by congratulating the team and adding that he looked forward to the strides the team made. This team of researchers is based at the Science, Technology and Advanced Research Campus in the University of Delaware.

University vice president for innovation, scholarship and research Charles G. Riordan said that various aspects of the University’s program unite the community of vital researchers who work to discover of new therapies as well as drug development.

As the team proceeds to phase 2, more researchers have joined the group, including Karl Schmitz and Ramona Neunuebel from the University’s biological sciences department, Juan Perilla and Jeff Mugridge from the biochemistry and chemistry departments ,and Catherine Fromen from the biomolecular and chemical engineering department.

Phase 1 of the grant had given rise to many advances, leading to the development of techniques that are currently being used in drug discovery by research groups and pharmaceutical firms across the globe.

Fox, lead in the COBRE grant, mentioned that the grant renewal would help to further broaden the capabilities of the center, including by developing a proteomics core that would enable synthetic chemistry. In addition, the grant would support two vital facilities: the Synthesis and Discovery Core Facility and the Analytical Chemistry Core Facility. The two facilities support various instruments that include microscopy, small-molecule synthesis, catalyst discovery as well as mass spectrometry and nuclear magnetic resonance.

Many biopharmaceutical companies are also conducting their own research to find solutions to the health challenges people face. An example is AzurRx BioPharma Inc. (NASDAQ: AZRX), which specializes in developing remedies to diseases that afflict the gastrointestinal tract.

About BioMedWire

BioMedWire (BMW) is a bio-med news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with BMW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, BMW 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. By cutting through the overload of information in today’s market, BMW brings its clients unparalleled visibility, recognition and brand awareness. BMW is where news, content and information converge.

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People who consume alcohol in the United States are often stopped on the roadsides and asked to take breathalyzer tests. If an individual’s blood alcohol content exceeds a specified limit, they may be subjected to penalties, fines and tickets; they could even be arrested. On the other hand, marijuana does not currently have an intoxication test, which makes it harder for authorities to determine individuals who may have exceeded the limit and are driving while impaired.

Researchers have, however, reported that they are on the verge of a breakthrough, developing a saliva test to help measure marijuana levels at roadside stops. The research findings collected by these scientists were presented on the SciMeetings platform that was held online by the American Chemical Society.

The study’s lead, Shalini Prasad, stated that while people think that driving while high on cannabis is safer than driving when intoxicated on liquor, both alcohol and cannabis have similar effects on individuals. This includes a decrease in self-awareness, a decline in a person’s alertness and a slowed reaction time. However, researchers have yet to determine a definite level of THC, the psychoactive compound found in cannabis, that can cause impairment. Preliminary reports suggest that between 1 to 15 THC nano grams per ml of blood may be considered as an impairment level.

With the number of states that are decriminalizing cannabis growing, law enforcement authorities are struggling to find ways to ensure that the roads remain safe from drivers who may be driving while intoxicated. While THC blood tests do exist, and they are invasive and laborious. In addition, most police officers do not have the skills required to administer these tests at roadside stops. Some scientists are working on tools to help measure levels of THC that are similar to alcohol breathalyzers. However, Prasad explains that THC levels in a person’s breath are low, and these devices may need extensive data processing to allow other compounds to be filtered out.

With the discovery that the THC found in saliva corresponds to the THC found in the blood, Prasad and colleagues have found a way around this. The University of Texas researchers have developed an electronic reader and sensor strips that pick up on any THC present in a sample. They have conducted a test using a drop of human saliva, which had been contaminated with THC. Their findings demonstrate that the device could test THC levels that range from 100pg/ml to 100 ng/ml accurately. Additionally, it took the device less than five minutes to produce results.

Prasad adds that this test may find other applications apart from use in law enforcement. The data produced by this device may also be used by regulatory groups and legislators to create laws that are effective.

Of course, not all cannabis products intoxicate. For example, The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER) makes CBD-infused edible products and topicals in addition to its famous premium alkaline bottled water.

About CNW420

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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• WTER set to expand across the entire spectrum of hospitality, foodservice markets through key partnerships with Dot Foods, IBA
• Lucrative segments such as golf foodservice, fast casuals, and vending and micro markets rapidly growing amid coronavirus outbreak
• The Alkaline Water Company offers lifestyle brands that are a perfect complement for consumers seeking healthier choices

The Alkaline Water Company (CSE: WTER) (NASDAQ: WTER), a producer of premium bottled alkaline and flavored-infused drinking waters and CBD-infused products, has set out to expand into hospitality and foodservice space. To secure coverage at both ends of the spectrum — from large national to large regional accounts — the Alkaline Water Company has entered into agreements with two strategic partners: Dot Foods Inc., the largest U.S. food redistribution company, and the Independent Broker Alliance (IBA), a renowned professional alliance of 30 independent foodservice sales agencies.

With these two agreements in place, WTER targets the whole hospitality and foodservice ecosystem, which is a very large addressable market, where even small share gains will fuel rapid growth for the company (https://cnw.fm/juoH0). According to the agreement with Dot Foods, the largest food redistribution company in the United States, Dot Foods will offer the entire line of Alkaline88(r) and A88 Infused(TM), along with the line’s eco-friendly aluminum bottles, to its 4,300 customers nationwide (https://cnw.fm/WQKxl). DOTs will also offer A88’s flavored waters as a featured all-natural flavored product, replacing a leading competitive brand that purportedly did over a million cases per year in the DOTS ecosystem.

“Adding the largest foodservice redistributor, Dot Foods, to our growing list of channel partners is another milestone for the company,” said The Alkaline Water Company president and CEO Richard Wright. “Every year, Dot Foods sells millions of cases of beverages to its customers. This relationship will give us an entry into the hospitality industry, which we view as a significant opportunity for our growing lifestyle brands. There are over 600,000 restaurants and foodservice establishments that will now have access to our full line of products.”

After announcing the agreement with IBS Foodservice, Wright noted that WTER now has two formidable partnerships to help it gain share in the hospitality and foodservice channel. “IBA is a highly respected professional foodservice sales and marketing organization comprised of 30 successful agencies,” he said. “With deep, long-term market-by-market relationships, the IBA has stellar local expertise in a well-connected, collaborative, and nationally respected alliance of independent brokers.

“Between our two partners, we expect DOT Foods to provide access to large national accounts and IBA to help us penetrate the large regional accounts across the entire hospitality and foodservice ecosystem,” Wright continued. “These partners give us the scale and scope to drive our growing lifestyle brands in the sizeable on-premise market estimated at over $14 billion by Beverage Marketing Corporation. We expect our single-serves, including A88 Infused flavors, eco-friendly aluminum bottles, and A88CBD infused lemon-lime water to do exceptionally well in the channel.”

WTER’s flagship product, Alkaline88, meets the growing demand from health-conscious, on-the-go consumers across lucrative markets. This smooth-tasting, mineral-enhanced beverage can be grabbed at restaurants, hotels, airports, stadiums, hospitals, schools, colleges/universities, parks, golf courses, health and fitness clubs, coffee shops, etc. One of these exciting sub-segments is the more than 15,500 golf courses and 4,415 private clubs managed by 13 golf-management companies in the U.S. Penetration of this market alone is expected to generate new opportunities, while fast-casual venues and vending machines are seeing accelerated growth in the post-COVID era (https://cnw.fm/YPRXQ).

As a company committed to an aggressive growth strategy, The Alkaline Water Company’s offering focuses on national, multichannel mass-market expansion with its premium, single-serve line of A88 water products. WTER’s products feature a growing list of infused flavors and are offered in eco-friendly aluminum bottles — an ideal fit for this lucrative space where consumers seek healthier, eco-friendly alternatives.

For more information, visit the company’s website at www.TheAlkalineWaterCo.com.

NOTE TO INVESTORS: The latest news and updates relating to WTER are available in the company’s newsroom at http://cnw.fm/WTER

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Recent guidelines introduced by the World Health Organization (WHO) on sedentary behavior and physical activity show that indulging in weekly physical activities can neutralize the health harms linked to prolonged sitting. These guidelines were reported in as special issue of  “British Journal of Sports Medicine.” The article notes that all physical activity is good for a person’s health in the long term.

This is the first time that such recommendations have been made, which indicates that there’s growing evidence that connects a sedentary lifestyle to grave ill health and an increased risk of early death. Data that was released last week in the same issue demonstrated that grown-ups who spend most of their time seated can balance out these risks by increasing the physical activity they indulge in every day.

This research, which involved more than 44,000 individuals from four nations, required the participants to wear activity trackers. The research revealed that if the majority of the time in the day of a person was spent seated, this was associated with a significantly increased risk of death, especially for individuals who were not physically active.

Do not despair, however. The research findings show that 30 to 40 minutes of physical activity, whether vigorous or moderate, considerably reduced this risk. This brought the risk levels down to those linked to low sedentary time. This confirms the guidelines that were cited in the 2020 WHO Universal Guidelines on Sedentary Behavior and Physical Activity.

The guidelines add that while there may not be enough evidence to help in suggesting specified thresholds for a stationary lifestyle, everybody should try to engage in physical activity. This will help reduce their everyday sedentary time. There’s no prescribed physical activity to partake in, as all physical activities count. This may include participating in a team sport, riding a bike, going for a jog, doing your household chores, gardening, walking or even choosing to take the stairs instead of the elevator.

WHO guidelines advocate for spending no less than 75 minutes every week partaking in activities of vigorous intensity or between two to five hours taking part in activities of moderate intensity. It should be noted that it is significantly better for your health to engage in any physical activity as opposed to none at all.

The guidelines explain that any individual who is unable to meet the aforementioned recommendations should start small and slowly grow the duration, intensity and frequency of their physical activity at a steady pace. Additionally, the guidelines highlight the importance of partaking in muscle strengthening and aerobic activities.

Many biomedical companies are engaged in finding solutions to the health-care needs of communities. One such company is Processa Pharmaceuticals Inc. (NASDAQ: PCSA). Among other interests, Processa acquires drugs for which clinical evidence of effectiveness exists, and then the company completes the regulatory requirements needed to gain approval for the drug.

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Electric vehicles (“EVs”) are poised to take over the roads over the next two decades. As the effects of human-induced climate change have become more apparent, several governments have revealed plans to replace internal-combustion engine vehicles with zero-emission battery electric vehicles. For the longest time, plug-in hybrid cars (“PHEVs”) were thought to be the gap between conventional vehicles and EVs.

Powered by both an internal combustion engine and an electric motor coupled with a rechargeable battery, these vehicles would allow consumers to gradually switch to zero-emission vehicles. However, it has recently come to light that PHEVs may not be as environmentally friendly as previously thought. According to research done by the European group Transport and Environment (T&E) and backed by Greenpeace UK, a plug-in hybrid electric vehicle produces around 117g of CO2 for each kilometer travelled. This is considerably higher than the 44g of CO2 shown by official tests.

As such, the group has advised governments to end subsidies and tax breaks for PHEVs, which T&E senior director for clean vehicles Julia Polisanova calls “fake electric cars.” She has called for governments to stop subsidizing PHEVs with billions of taxpayers’ dollars, stating that hybrids are built for laboratory tests and tax breaks, not actual emission-free driving. The emission tests were carried out by Emissions Analytics using three plug-in hybrid SUV models: Mitsubishi’s Outlander, BMW’s X5 and Volvo’s XC60.

The announcement by T&E comes days after the European Union released proposed rules on emission limits that would strip plug-in hybrid cars of their green label beginning in 2026. Usually referred to as a gateway technology, PHEVs are a sort of kiddie pool for electric vehicles. Drivers first get the lay of the land in regards to electric vehicle technology, getting accustomed to the new driving experience by using hybrids. Since the hybrids also contain an internal combustion engine, drivers don’t have to worry about range or charging issues, something that prevents many drivers from making the switch.

In tests, T&E and other climate groups found that when the battery runs out of charge, the combustion engine has to work harder to move to propel the “dead weight” of the battery as well as charge it. This results in CO2 emissions that are three times higher than what is advertised.

Amanda Gibson, a spokeswoman from Mitsubishi, said that depending on the conditions, independent tests can produce unreliable or variable figures. A spokesman from Volvo noted that all cars manufactured by the firm are certified and comply fully with emissions regulations.

The EV sector could benefit significantly from working with payments-as-a-service entities on matters such as billing electric car owners for charging their vehicles. One interesting company in this niche is Net Element (NASDAQ: NETE), which focuses on offering financial technology solutions. The company is also in advanced stages of completing a merger with a California-based EV maker called Mullen Technologies Inc.

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• Energy Fuels has produced rare earth element (“REE”) concentrate on a pilot scale at wholly owned White Mesa Mill.
• The high-purity concentrate is ready to send to separation plant for final acceptance test work.
• Company used existing infrastructure and technologies, thereby avoiding years of permitting and development, as well as need for significant capital.

Energy Fuels (NYSE American: UUUU) (TSX: EFR) has produced a rare earth element (“REE”) carbonate concentrate on a pilot scale at its wholly owned White Mesa Mill, located in Utah (https://ibn.fm/WImVU). This may be the first REE concentrate produced from monazite sands at any significant quantity in North America in more than 20 years.

“Energy Fuels achieved a major milestone in U.S. rare earth element production when we successfully produced a REE Concentrate from a sample of monazite sands at our White Mesa Mill,” said Energy Fuels president and CEO Mark S. Chalmers. “Our company literally accomplished REE production in months, because we utilized existing resources, infrastructure and technologies. While it is still early days, and we still have a lot of work to do, this is a proud moment, not just for me, but for the entire Energy Fuels team who has diligently worked on making REE Concentrate production a reality.”

According to the company, the White Mesa Mill recovered the REEs, along with uranium, from one metric tonne of monazite sands. The concentrate is ready to send to a separation plant for final acceptance test work.

This milestone came relatively quickly, given that Energy Fuels just entered the REE space in April 2020. In just over six months, the company moved from laboratory-scale testing to producing pilot-scale REE Concentrate from a one tonne sample of monazite sands. The company possesses three tonnes of additional monazite sands samples, which it will use to further refine the process for recovering REEs and uranium from these types of ores.

The rapid progress made by Energy Fuels is reflective of its commitment to re-establish the ability of the U.S. to recover REEs and uranium from monazite sands using existing facilities and technologies. Additionally, as part of this commitment, the company is in negotiations to obtain additional sources of monazite sands for potential processing on a commercial scale at the Mill. Energy Fuels is also exploring the potential sale of REE Concentrate to a REE separation facility.

“By using existing infrastructure and technologies at the Mill to recover the uranium and the REEs from monazite sands, we are able to avoid the years of permitting and development, along with the tens, or even hundreds, of millions of dollars of capital that others would be faced with,” Chalmers said. “Assuming the company is able to secure adequate quantities of monazite sands, we expect to be in a position to produce commercial quantities of REE Concentrate by early 2021.

“Energy Fuels will always, first and foremost, be a uranium producer,” Chalmers continued. “We have been the number one uranium miner in the U.S. since 2017, a position we intend to keep for many years to come. However, when other complementary business opportunities arise with the potential to create significant cash flow utilizing our existing facilities and workforce, we will always take a hard look at them with an eye toward building shareholder value.

For more information, visit the company’s website at www.EnergyFuels.com.

NOTE TO INVESTORS: The latest news and updates relating to UUUU are available in the company’s newsroom at http://ibn.fm/UUUU

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• Tesla recently illustrated the enthusiasm surrounding the EV sector by becoming the newest entrant to the S&P500 equity index
• Investor interest in the sector has spilled over to Net Element, with one the world’s largest asset managers, Renaissance Technologies taking a 3.2% stake in the company in the third quarter
• A future combined Net Element-Mullen Technologies plans to begin marketing its initial vehicle model, the Dragonfly K50 in 2Q2021.

Late in the day on November 16, Tesla (NASDAQ: TSLA) was named for inclusion in the S&P500 index, making it both the first electric vehicle manufacturer to form part of the group as well as the largest new entrant in the index’s history. Investors responded to the news headline by sending the stock up 8.2% the following day, leading Tesla’s market cap to swell by over $30 billion—a figure nearly equivalent to the entire market cap of consumer product giant Kraft Heinz. Net Element (NASDAQ: NETE), a financial technology company in the process of transforming its business model to become a pure-play electric vehicle (“EV”) manufacturer after entering into a definitive agreement to merge with privately-held Mullen Technologies Inc., similarly profited from the market enthusiasm, rising by 25% over the course of the day.

The electric vehicle sector has benefitted from a sharp uptick in investor interest in recent months, as a combination of improving sector fundamentals have coupled with positive news-flow to drive sector returns. The most recent updates came from the United Kingdom, where the British government announced that the sale of new diesel and gasoline-powered vehicles would no longer be permitted from 2030 onwards – a date which has been shifted forward from its original target of 2040 (https://ibn.fm/OiZJy). Simultaneously, the government also announced its commitment to spending approximately $1.72 billion over the next four years towards improving electric vehicle (“EV”) charging infrastructure—a factor which has previously been highlighted by Deloitte as a key constraint to future growth in the sector (https://ibn.fm/OQaHg).

A potential combined Net Element-Mullen Technologies entity plans to leverage upon the surge in consumer demand within the electric vehicle space through the launch of its initial vehicle model – the Dragonfly K50—in the second quarter of 2021. The car model, developed in conjunction with China’s Qiantu Motors, will mark the company’s initial foray into the North American electric vehicle market, a venture which the company will further look to reinforce through the launch of its self-manufactured EV SUV, the Mullen MX-5, by the second quarter of 2022.

Mullen Technologies also revealed that it has recently signed a letter of intent with the City of Spokane to build a 1.5 million square foot facility to manufacture and assemble vehicles, with work on the facility set to commence later this year. Remarkably, the company also disclosed its expectation to arrive at production phase with as little as $400 million in invested capital over five years (as compared with the $1 billion traditionally required) due to its current vehicle IP, which has already been two years in the making.

By 2030, Deloitte anticipates that electric vehicle sales could rise to 31.1 million vehicles per annum, representing an over ten-fold increase to the 2.5 million electric vehicles set to be sold in 2020 – a shift which would lead the EV sector to secure a market share of 32 percent of total automotive sales within the next ten years. With interest in the sector at an all-time high – as evidenced by the United Kingdom’s policy announcement as well as the recent market returns evidenced by EV companies—Net Element finds itself in an ideal position to capitalize on one of the biggest shifts in consumer behavior the world has ever seen.

For more information, visit the company’s website at www.NetElement.com.

NOTE TO INVESTORS: The latest news and updates relating to NETE are available in the company’s newsroom at http://ibn.fm/NETE

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Green Car Stocks (GCS) is a specialized communications platform with a focus on electric vehicles (EV), as well as other emerging market opportunities in the green sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, GCS 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. By cutting through the overload of information in today’s market, GCS brings its clients unparalleled visibility, recognition and brand awareness. GCS is where news, content and information converge.

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The mining industry as a whole has made great strides with regard to digitizing various mining site operations and processes. This offers mining firms many benefits, including the reduction of operation costs of the mine. These measures also optimize a mine’s major assets, allowing the goals and objectives of a mine to be predicted and monitored easily.

This progress also allows mines to keep track of their operating assets, ensuring that they remain undamaged. Digitization also allows mine operators to redistribute the water used in one process. This helps minimize effluent discharge volumes as well as the mine’s water intake. Overall, digitization helps save a mining firm about 30% in operational expenditures.

However, it seems this may not be all that’s needed to help firms in the industry better their safety and operational gains. Collaboration is said to be the next big thing. The combination of digital solutions and lean concepts may help improve the performance of firms in the mining industry through in-office collaborations.

A fine example of this would be a system based on data analysis that creates advanced maintenance schemes that help determine how mine assets should be maintained for optimal performance, when they should be maintained and what assets should be maintained.

Installing a state-of-the-art operating system that can improve a firm’s daily operations can also enhance a firm’s productivity and safety. To unlock digital transformation, firms in the mining industry may also need to work with partners that may not be involved in the same industry. This will broaden a company’s horizons, allowing a company to not only learn, grow and implement better measures but also bring partners on board that will join forces on solving mutual problems, often in a better and more effective way.

Teaming up with unlikely but formidable partners will also allow firms in the mining industry to understand similarities in areas such as automation and quantum technologies while allowing the firms in the natural resource sector to gain more insights on various issues.

With regard to new technologies, collaborating with technology companies may afford firms in the mining sector a competitive edge, which will allow them to develop and make use of new technologies. This will ensure that companies keep up with the changing times.

Productivity is one of the main objectives of mining firms. Precision mining will also change this, making the process better as well as sustainably and more economically possible, thus enabling more efficiency.

The mining sector has a few companies that stand out in the different segments of this industry. For example, Energy Fuels Inc. (TSX: EFR) (NYSE American: UUUU) is the top U.S. producer of vanadium and uranium.

About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW 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. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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A research study conducted by Centre for Prevention of Stroke and Dementia clinical research fellow Dr. Karolina Wartolowska investigated the presence of white matter hyperintensities in the brain. These hyperintensities usually highlight small blood vessels that may be damaged and that manifest on MRI scans as bright regions. This damage is said to increase with blood pressure and age; the damage is linked to a decrease in cognitive function and an increased risk of depression, physical disabilities, dementia and stroke.

The study involved 37,041 individuals enrolled in the UK Biobank. A huge chunk of the participants was recruited from the general population and were aged between 40–69. The availability of medical information, e.g., MRI brain scans, was also a factor. The study findings show that there was a strong link between brain damage past the age of 50 and the diastolic blood pressure before people hit age 50. This applies even when the diastolic blood pressure is within a healthy range.

Wartolowska explains that while these changes do not occur in all aging individuals, many people who are older than 80 years and may not have high blood pressure as well as more than 50% of individuals over age 65 are still at risk. The intensities are, however, more likely to develop if an individual has high blood pressure, at which point, they become severe.

The participants’ information had been collected previously between March 2006 and October 2010 when the individuals registered in the UK Biobank. Other data, inclusive of the scans, was acquired between August 2014 and October 2019. The information used in the study had been adjusted by the researchers, taking into consideration the individual’s systolic and diastolic blood pressure, sex and age, as well as risk factors such as diabetes and smoking.

The researchers then analyzed the white matter intensities (WMH) load in all individuals and found that a bigger WMH load was linked to previous diastolic blood pressure, especially for participants under age 50. Any increase in blood pressure was connected to an increase in the white matter intensities, particularly for individuals who were taking medication for high blood pressure.

The researchers also discovered that the diastolic blood pressure of individuals in their 40s and 50s was linked to considerable brain damage later in life. This makes diastolic blood pressure, as well as systolic blood pressure, an important factor in the prevention of brain-tissue damage. Wartolowska adds that while many individuals think that stroke and hypertension are old-people diseases, research shows that if individuals would like to keep their brains healthy into their 70s, they may need to ensure that their blood pressure, inclusive of one’s diastolic blood pressure, remains in a healthy range when they are in their 40s and 50s.

Speaking of high blood pressure, a number of biotech companies have devoted their efforts toward helping patients with chronic noncommunicable diseases, such as hypertension. An example is DarioHealth Corp. (NASDAQ: DRIO), which is famous for its smartphone-based, customized, chronic disease-management software that helps patients make lasting changes to their lifestyle.

About BioMedWire

BioMedWire (BMW) is a bio-med news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with BMW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, BMW 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. By cutting through the overload of information in today’s market, BMW brings its clients unparalleled visibility, recognition and brand awareness. BMW is where news, content and information converge.

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