Cannabis Global Announces Metrc API Integration for Comply Bag(TM) Cannabis Transport System – Targets Growing National Cannabis Market in 2021
LOS ANGELES, CA / ACCESSWIRE / December 29, 2020 / Cannabis Global, Inc. (the “Company”) (OTC PINK:CBGL), an innovation-oriented company investing in disruptive cannabis and hemp-related technologies, today announces a significant enhancement to its upcoming Comply Bag(TM) Cannabis Transport System via the addition of a fully integrated application that will allow shippers and receivers to track, monitor and confirm important aspects of cannabis shipments. Comply Bag’s unique app design will integrate with its API (Application Programming interface) published by Metrc, the most trusted and leading provider of cannabis regulatory technology in the United States.
“Metrc supports over 15,000 cannabis-related business licenses and 15 U.S. states, including California. This disruptive technology is a solution that addresses a key component of the infrastructure of the cannabis industry (safe transportation), as well as a consistent and compliant storage system,” commented Arman Tabatabaei, CEO of Cannabis Global. “We are designing physical features into the Comply Bag(TM) system to hold Metrc generated tags mandated by many U.S. states to accompany cannabis from seed stage through final sale and we are now taking integration toward the natural step to utilize Metrc’s publically available API within the Comply Bag(TM) shipper and receiver app.”
Mr. Tabatabaei continued, “We decided to invest in an application that will allow shippers and receivers to monitor shipments via their smartphones, whether Android or iOS operating systems. We plan to roll the application out as soon as it passes beta testing; however, Comply Bag(TM) product is scheduled to be available January of 2021. We feel this ability is already highly-desired within the lucrative California market, and we expect it to be a requirement when interstate commerce in cannabis is ultimately legalized, which we believe will be soon,” commented Mr. Tabatabaei.
In November, the Company announced its acquisition of Ethos Technology LLC, a Los Angeles startup specializing in ultra-secure cannabis transport containers for the commercial cultivation, processing, and distribution markets. Under the terms of the agreement, which closed on November 16, 2020, Cannabis Global acquired all technologies, IP and assets of Ethos. The Company believes the current generation of cannabis transport and security products has not advanced to keep pace with the industry. All states where cannabis has been legalized require cultivators, processors, and distributors to track all shipments, and shippers need to ensure the exact contents of what is shipped to be received by the intended recipient.
Ethos Technology was founded by cannabis industry veteran and Cannabis Global co-founder, Edward Manolos. He noted that although other aspects of the sector were maturing, the industry standard was to store cannabis in turkey bags and mason jars. Mr. Manolos worked collaboratively with many top state and local regulators and politicians to help design a solution for safe and compliant transportation. Mr. Manolos is one of the most accomplished pioneers in the medical marijuana industry, having opened the very first medical marijuana dispensary in Los Angeles County in 2004, called CMCA. He is also credited with starting Los Angeles’ first medical marijuana farmers’ market referred to as “The California Heritage Market,” which attracted local and international media attention and is a senior member of the Board of Directors of Marijuana Company of America, Inc. (OTC: MCOA).
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 CBGL. 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(TM) brand name. Cannabis Global launched its Project Varin early in 2020, to develop new delivery methods for rare cannabinoid Tetrahydrocannabivarin (THV-C) and to develop products based on this cannabinoid.
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