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Sun Kissed’s Hakuna and Endocanna Health Sign Major Synergistic Product Distribution Agreement

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New York, New York, September 18, 2020 – OTC PR WIRE – Sun Kissed Industries Inc. (OTC PINK: SKDI) (“Sun Kissed”, “SKDI”, or the “Company”), an emerging leader in the development and sale of CBD consumables, digital content management and online ad monetization technology, is pleased to announce Hakuna and Endocanna Health have signed a mutual product distribution agreement.

Endocanna Health has developed a revolutionary consumer cannabinoid DNA test, EndoDNA, which tests an individual’s DNA to make selecting and using CBD personalized. The test and report provide users with scientifically-based suggestions for proper dosing, possible side effects, potential for drug-to-drug interactions, and access to CBD product options that are genetically aligned to their DNA through their online product marketplace.

Hakuna will now be an official distributing partner of the EndoDNA test kit to support their customers with access to personalized CBD solutions. Additionally, Endocanna Health will add Hakuna’s CBD product line to their online marketplace with relevant genetic matching profiles for each product, based on individual DNA test results.

“This is an amazing opportunity for current and future Hakuna customers. No longer will consumers have to endure the trial and error of figuring out which CBD product is right for them. They will be able to take the EndoDNA test and receive suggestions on which of our products will be most effective for their DNA profile. This agreement further validates Hakuna’s brand and product quality while reaching a whole new audience of motivated buyers who need this type of medicine,” comments Ilan Freeman, Hakuna CEO commented.

Carl Grant, Sun Kissed President continued, “We would like to congratulate Mr. Freeman and the team at Hakuna, foreseeing a significant increase in sales for both companies as marketing, website traffic and product orders ramp up.”

“We are excited about this partnership because it allows greater access to Endo-Aligned products so customers who take an EndoDNA test will be able to obtain their products through Hakuna’s marketplace. This is a true end-to-end solution that will effectively benefit the customer” said Len May, CEO Endocanna Health, Inc.

About Endocanna Health™, Inc.:

Endocanna is a biotechnology research company that utilizes a patent-pending process for its cannabinoid DNA variant report, Endo·Decoded™ and product matching algorithm, Endo·Aligned™. EndoDNA™ provides two ways to submit DNA for analysis, either collected through a simple saliva swab or a direct upload of genetic data files from popular DNA testing services like Ancestry, 23andMe, Family TreeDNA, or MyHeritageDNA. Endocanna’s HIPAA compliant and secure health and wellness portal, Mydna.live, provides customers with a personalized experience where they can access their Endo·Decoded report and Endo·Aligned formulation suggestions for their specific genotype. In 2019, cannabis producer Heritage Cannabis Holdings (CSE:CANN; OTC:HERTF) acquired a 30 percent stake in Endocanna Health Inc.

Instagram: endo.dna/

Facebook: EndoCannahealth/

Website: https://www.endocannahealth.com/

About Products-Group, Inc. (DBA/Hakuna): Hakuna is an award-winning CBD-products company, currently nominated for “Best Hemp-Derived CBD Product” by the California Cannabis Awards after winning the DOPE Magazine Best New Product award for Southern California in the non-cannabis/non-tech category in 2017. Hakuna was also recently awarded “Runner Up” at the Los Angeles Coffee & Donut Festival People’s Choice Coffee Awards for 2019. Hakuna generates significant revenues with a substantial distribution footprint, including over 110 established retail distribution partners across over 20 states in the domestic US market.

About Numuni, Inc.: Numuni is developing breakthrough technologies that aim to disrupt the digital marketplace for paid content by making use of the vast amount of unused computing resources that personal computer desktops have. Numuni has a unique technology that will transform the user experience of consuming digital content, increase the content provider’s earnings as they deliver that experience, and leverage the GPU computing power as a commodity to increase efficiency and cost savings.

General information about Numuni, Inc. is viewable on the company’s website at https://numuni.io. Follow @numunionline on Twitter and find Numuni, Inc. on Facebook at https://facebook.com/numuni.io

About Sun Kissed Industries, Inc.:

Sun Kissed Industries Inc. (OTC PINK: SKDI) is an emerging leader in the development and sale of CBD consumables, digital content management, and online ad monetization technology. The company is pursuing meaningful acquisitions as part of an aggressive M & A strategy designed to position Sun Kissed as a dominant player in well-defined, high-growth markets within rapidly expanding sectors.

FORWARD-LOOKING STATEMENTS:

This press release may contain forward-looking statements, including information about management’s view of Sun Kissed Industries Inc.’s future expectations, plans, and prospects. In particular, when used in the preceding discussion, the words “believes,” “expects,” “intends,” “plans,” “anticipates,” or “may,” and similar conditional expressions intended to identify forward-looking statements. Any statements made in this news release other than historical facts about an action, event, or development are forward-looking statements. These statements involve known and unknown risks, uncertainties, and other factors, which may cause Sun Kissed, its subsidiaries, and concepts to be materially different from those expressed or implied in such statements. Unknown or unpredictable factors also could have material adverse effects on Sun Kissed’s future results. The forward-looking statements included in this press release are made only as of the date hereof. Sun Kissed cannot guarantee future results, levels of activity, performance, or achievements. Accordingly, it would be best if you did not place undue reliance on these forward-looking statements. Finally, Sun Kissed undertakes no obligation to update these statements after the date of this release, except as required by law, and also takes no obligation to update or correct information prepared by third parties that are not paid for by Sun Kissed.

SOURCE: Sun Kissed Industries Inc.

https://sunkissedindustries.com/

Contact:

invest@sunkissedindustries.com

Source: https://otcprwire.com/sun-kisseds-hakuna-and-endocanna-health-sign-major-synergistic-product-distribution-agreement/

Cannabis

Current Research on Effect Specific Uses of Cannabis

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New research regarding the benefits of cannabis and its main properties of CBD and THC continues to emerge as more countries and states legalize the medical and recreational use of marijuana. Also, because of legalization, the business potential of the cannabis industry continues to grow. Cannabis companies can now distribute to a broader range of people. However, there is more to cannabis than different strains (Indica or Sativa) or the ratio of CBD to THC. Another essential cannabinoid is terpenes, and they play a critical role in the effectiveness of cannabis.

A Perfect High

As the cannabis industry continues to enter the mainstream sphere, it must determine how to market to the mass consumer who expects their cannabis product to be consistent in quality and give off the desired effect. Consumers search for a product that provides a more tailored experience and a more controlled high. Like how the consumer can pick their alcohol to achieve desired effects, cannabis companies and scientists research ways to deliver a custom product. Before a consumer buys a product, they need to know if the product’s cost matches the quality of the experience.

THC causes impairment, slower reaction time, and difficulty performing simple tasks. Consumers want to control their level of buzz. Just like there is a wide variety of alcohol, each with its flavors, and proof, that allows a consumer to have their own unique experience. Cannabis companies strive to achieve a range of products that can mimic the desired effect, from calming to energetic or happy. Consumers also want to test how their body responds to these products to make the most informed decision about what is right for their needs and works best for them.

Ultimately, scientists continue to learn about the importance of terpenes and CBD to modify THC’s effects. The largest cannabis companies and their teams of scientists keep their research under wraps for competitive reasons. Every company wants to be the first to produce a controlled, tailored product. Whoever discovers this first will have an advantage within the cannabis industry.

The Entourage Effect

Cannabis companies and scientists ultimately want to achieve a way to tame THC, a term first introduced by scientist Ethan Russo in 2011. They estimate the cannabis industry will grow as large as the alcohol industry and generate billions of dollars in revenue a year, but only if they can manufacture a product that consistently delivers. In 1998, scientists Raphael Mechoulam and Shimon Ben-Shabat discovered the entourage effect, or the combination of THC, the psychoactive component, CBD (cannabidiol), an active non-psychoactive ingredient, and terpenes, the flavor and taste profile of each strain. All three elements have a unique effect on the body, depending on each ingredient’s ratio and combination.

However, with just the cannabis plant, it is hard to replicate the same feeling and its effects on the body since each plant, grown from different marijuana seeds, has its unique properties. Scientists continue to try and isolate these components to learn better ways to use them as a controlled substance. Also known as whole plant synergy, the main ingredients THC, CBD, terpenes, and other cannabinoids are also essential to unlock the health benefits of cannabis and how to use each ingredient to treat chronic pain and diseases better.

Evidence shows that cannabinoids boost other cannabinoids; for example, THC enhances CBD’s medicinal properties, while CBD modifies and controls the effects of Eagle Moon High THC Seeds, producing a more controlled high. Each cannabinoid is more effective together, which is why THC alone or CBD only products derived from hemp are less potent and effective. There are also other minor cannabinoids at play, such as CBG or CBN, that scientists continue to research. Emerging research also suggests the possibility of two different types of entourage effects: Intra-entourage refers to the interactions of cannabinoids and terpenes and inter-entourage, which relates to the interactions between terpenes to terpenes and cannabinoids to cannabinoids. However, research slowly begins to unearth the role terpenes play in the entourage effect and its full potential.

Terpenes and Future Potential

Cannabis consumers are more sophisticated than society’s perpetuated stereotype of the stoner or hippie. Consumers want to know about the benefits and properties of cannabis, such as Indica versus Sativa, and THC versus CBD. While they may be more familiar with these terms, terpenes are a newly discussed topic amongst cannabis circles, and consumers and scientists alike want to unlock terpene’s full potential. Scientists describe terpenes as the flavor profile in all plants but specifically provide each cannabis strain with its taste and smell.

Researchers today understand that the properties of terpenes go beyond just flavor, smell, and stimulating moods, but modulating brain activity that can have potential health benefits. CBD and THC have higher potency together, and the same is true that terpenes, along with other cannabinoids, work better together and have a more substantial impact. Terpenes and cannabinoids can increase blood flow, enhance motor and sensory functions, and eliminate respiratory bacteria that cause MRSA. The terpenes and cannabinoid attribute to the effectiveness of marijuana or cannabis products in the treatment of chronic pain, inflammation, depression, anxiety, and even fungal and bacterial infections.

 

Companies define the use of cannabis for medicinal or holistic reasons, by the strain or CBD to THC ratio. However, new research suggests that the terpene profile may be one of the most critical elements in the effectiveness of the strain and its intended use. As the cannabis industry and scientists compete to unlock the potential of terpenes and its connection to THC, CBD, and other cannabinoids, consumers will gain access to a marijuana experience unlike anything before.

 

AUTHOR BIO:
Crystal Wilson. Crystal has been closely studying the cannabis industry trends for quite some time. Intrigued by the booming growth of this sector, she takes interest in penning down her views providing quality insight on current marijuana trends, particularly medical cannabis.

 

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Cannabis

Jay-Z announces new line of cannabis products dubbed Monogram

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Rapper and entrepreneur Jay-Z is launching his own cannabis brand in partnership with Caliva, the California-based weed company that hired the star as its chief brand strategist last year. 

Named Monogram, Jay-Z’s line of marijuana products launched its website and social media accounts on Friday.

“Monogram marks a new chapter in cannabis defined by dignity, care and consistency. It is a collective effort to bring you the best, and a humble pursuit to discover what the best truly means,” Monogram’s website highlights.

No further information on the specific products that will be sold under the Monogram brand has been released yet. 

However, according to the website, the flower used in Monogram’s products is grown in small batches, with a board of “cannabis experts” tasked with grading and hand-selecting each flower that goes into the line. 

The New York rapper joined Caliva in 2019 as a brand strategist, which entailed overseeing the creative direction of the company. Furthermore, Jay was focused on Caliva’s social equity efforts as he aimed to increase economic participation of people disproportionately harmed by marijuana prohibition in the newly legal industry. 

As for when consumers can expect to try Jay-Z new products, a spokesperson told the New York Daily News Monogram still hasn’t set its dispensary release schedule. The line will “definitely be available across all of California,” according to the spokesperson.

In other news, basketball star Shawn Kemp who played for the Seattle SuperSonics is also showing his love of pot. Kemp is set to open Seattle’s first black-owned marijuana dispensary this Friday. The Sonics legend named his dispensary Shawn Kemp’s Cannabis and is hoping to serve as a model for others in the black community who might be interested in foraying into the legal marijuana business in the area. 

“I’m looking forward to welcoming Sonics fans on a regular basis, starting with opening day. I hope that Shawn Kemp’s Cannabis will be an inspiration for people to get involved with the legal cannabis industry, especially people of color,” the Reign Man said in a press release. 

Source: https://greencamp.com/jay-z-announces-new-line-of-cannabis-products-dubbed-monogram/

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Analysis: Legal weed in Texas would generate over $500 million in tax revenue per year

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Legalizing marijuana in Texas could generate over half a billion dollars in tax revenue per year and create more than 40,000 new jobs, according to the results of a report released by Vicente Sederberg LLP earlier this month. 

Legal cannabis sales in Texas would reach about $2.7 billion annually based on the fact that there are more than 1.5 million residents over the age of 21 that consume pot on a monthly basis, the analysis calculated. 

The estimated tax revenue was calculated under the assumption Texas would tax marijuana sales at the same rate as Colorado at 20.6%. This would amount to $1.1 billion in taxes per biennium, while Texas could collect an additional $10 million per year through the issuing of marijuana business licenses.

The report notes Colorado has raised nearly $13 million on average per year just from license and application fees. Furthermore, the report indicated that current taxpayer dollars that go towards marijuana arrests and prosecutions amount to $311 million per year – money that Texas would save should it legalize pot.  

“States across the country are seeing the benefits of legalizing and regulating cannabis. It is inspiring lawmakers in prohibition states to reexamine the efficacy and costs of their current policies and take a closer look at the alternatives,” said Shawn Hauser, a partner at Vicente Sederberg.

“The goal of this report is to provide a snapshot of the economic benefits Texas would experience if it started treating cannabis more like alcohol for adults 21 years of age and older,” he commented on the new report

Aside from the tax revenue that legal weed in Texas could generate, the report highlighted marijuana’s job creation potential. An estimated 20,000 to 40,000 new jobs would be available in the newly legal industry, with tens of thousands of additional indirect positions, the report estimated.  

Hauser also pointed out the added economic benefits of legalization in Texas given current uncertainties provoked by the coronavirus pandemic.

“Texas is leaving an enormous amount of money on the table by keeping cannabis illegal,” according to him. 

Texas was once known for having the strictest drug laws in the U.S., but the state has softened its stance on cannabis in recent years. A very limited medical marijuana program was established in 2015, while, more recently, cannabis possession arrests in the state have been significantly declining after hemp became legal.   

Source: https://greencamp.com/analysis-legal-weed-in-texas-would-generate-over-500-million-in-tax-revenue-per-year/

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