Cannabis Global (OTC: MCTC), a cannabinoid and hemp extract
science-forward company developing infusion and delivery technologies, today
announced that it has completed product development and has begun distribution
of its unique tetrahydrocannabivarin (“THC-V”) coffee and tea products to
product beta testers. According to the update, the company has integrated three
internally developed technologies into the unique manufacturing process for the
industry’s first THC-V beverages. Pending full release of the products,
Cannabis Global has implemented a 30-Day beta testing period, during which
production for general release will continue. “Our unique infusion and
production technologies provide Cannabis Global with a product purity advantage
as well as a clear path to low cost leadership,” Cannabis Global CEO Arman
Tabatabaei said in the news release. “The THC-V cannabinoids are synthesized
and entirely free of impurities. While there were some upfront technology
development and intellectual property protection costs, we expect our ongoing
variable production costs to be less than half of any potential competitor. Via
our technologies, we turn one of the cannabis industry’s most expensive items –
pure THC-V cannabinoids – into a cost-effective solution that sets a new
standard for product purity in the cannabinoid-based products marketplace.”
To view the full press release, visit http://ibn.fm/1nKeq
About Cannabis Global, Inc.
Cannabis Global, Inc., formerly known as MCTC Holdings,
Inc., is a fully audited and reporting company with the U.S. Securities &
Exchange Commission, trading with the stock symbol MCTC. The company is an
emerging force in the area of cannabinoid sciences and highly bioavailable hemp
and cannabis infusion technologies. The company does not engage in the
production, distribution, or sales of any controlled substances, including
marijuana. The company has an actively growing portfolio of intellectual
property having filed six patents in the areas of cannabinoid delivery systems
and cannabinoid polymeric nanoparticles. The company markets its consumer
products under the Hemp You Can Feel brand name. Cannabis Global launched is
Project Varin early in 2020, to develop new delivery methods for rare
cannabinoid Tetrahydrocannabivarin (“THC-V”) and to develop products based on
this cannabinoid. 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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