Los Angeles, California-based MCTC
Holdings (OTC: MCTC) this morning announced that it is expanding its
research and development (“R&D”) program designed to produce polymeric
nanoparticles of cannabinol (“CBN”). The expansion aims to create nanoparticles
of cannabinoid glycosides, which the company believes will hold considerable
commercial viability in the future. MCTC’s research team plans to produce CBN
nanoparticles with both immediate and controlled-release properties based on
the company’s experience producing cannabidiol (“CBD”) nanoparticles and
nanofibers. MCTC also added the creation of nanoparticles of cannabinoid
glycosides to its research program. “We are continuing our R&D programs
based on three primary goals,” MCTC CEO Arman Tabatabaei stated in the news
release. “First, we plan to continue toward mass production of immediate and
controlled-release CBD nanoparticles and, to a lesser extent, CBD nanofibers.
Second, we plan to utilize this experience to replicate the process using some
of the minor cannabinoids, with CBN selected as the first target. Lastly, we
are focusing all of our research toward protecting the intellectual property we
develop. Thus far, we have filed four patents, with one additional application
in progress. We are likely to file several more patent applications over the
coming months as our cannabinoid R&D programs progress.”
To view the full press release, visit http://ibn.fm/H8boL
About MCTC Holdings Inc.
MCTC Holdings is a Delaware-registered, fully reporting and
audited publicly traded company. With the hemp and cannabis industries
developing rapidly and with a growing number of market entrants, MCTC plans to
concentrate its efforts on the middle portions of the hemp and cannabis value
chain. The company is actively pursuing R&D programs and productization for
exotic cannabinoid isolation as well as bioenhancement of cannabinoids,
polymeric solid nanoparticles and nanofibers for addition into consumer
products and for dermal application. The company was reorganized in June 2019
and announced its intent to enter the fast-growing cannabis sector and change
its corporate identity to Cannabis Global Inc. The company is headed and
managed by a group of highly experienced cannabis industry pioneers and
entrepreneurs. For more information, visit the company’s website at www.CannabisGlobalinc.com.
NOTE TO INVESTORS: The latest news and updates
relating to MCTC are available in the company’s newsroom at http://ibn.fm/MCTC
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