Cannabis Global (OTC: MCTC), a cannabinoid and hemp extract
science forward company developing infusion and delivery technologies, today
announced the licensing of several patent-pending technologies to Sugarmade’s (OTCQB: SGMD) Sacramento-based BudCars
Cannabis Delivery Service for use in cannabis edibles for the regulated
California marketplace. Under the agreement, Cannabis Global will license its
unique cannabinoid infusion technologies to BudCars for the production of
super-premium, highly bioavailable cannabis edibles. “We have developed and
have pending patents on several technologies that not only make the production
of cannabis edibles less expensive but also improve product quality.
While we are rolling out our own hemp-oriented product lines utilizing these
technologies, we are now able to leverage these developments via licensing
arrangements to manufactures within the regulated cannabis markets,” Cannabis
Global CEO Arman Tabatabaei stated in the news release. “We are looking forward
to our working relationship with BudCars and Sugarmade.”
To view the full press release, visit http://ibn.fm/mvolV
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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