Cannabis Global (OTC: MCTC), a cannabinoid and hemp extract
science-forward company developing infusion and delivery technologies, today
provided an update for current and prospective shareholders as it continues to
make strong progress on its “Project Varin” initiative. Project Varin, designed
to produce ultra-highly bioavailable exotic cannabinoids, launched earlier this
year and, to date, has produced new cannabinoid production techniques, unique
time-released polymeric nanoparticles and two novel patent filings. Cannabis
Global is now implementing a program to produce commercially viable quantities
for use in its own products to be released later this month. “While THC-V is
found in very small quantities within the cannabis plant, extraction, isolation
and purification is currently problematic and unreliable,” Cannabis Global CEO
Arman Tabatabaei said in the news release. “For this reason, we have expanded
our research and development programs to include ultra-pure manufactured THC-V.
We expect our new THC-V products to not only be the first to market, but to
also establish leadership relative to quality and purity with zero heavy
metals, solvent residues, plant impurities and no chance of cannabinoid
microbial and mold proliferation. Other manufacturers need to mitigate these
issues, but with our technology, these simply cannot be issues as we completely
avoid the processing steps where such impurities are introduced.”
To view the full press release, visit http://ibn.fm/RUXu6
About Cannabis Global, Inc.
Cannabis Global, Inc. (MCTC) is a Nevada registered, fully
reporting and audited publicly-traded company. With the hemp and cannabis
industries moving very quickly and with a growing number of market entrants,
Cannabis Global plans to concentrate its efforts on the middle portions of the
hemp and cannabis value chain. The company plans to actively pursue R&D
programs and productization for exotic cannabinoid isolation, bioenhancement of
cannabinoids and polymeric solid nanoparticles and nanofibers for addition into
consumer products and for dermal application. The company was reorganized
during June of 2019 and announced its intent to enter the fast-growing cannabis
sector. 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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