Cannabis Global, Inc. , an innovation-oriented company investing in disruptive cannabis and hemp-related technologies,
is pleased to announce that it has selected Oakland, CA for the location of its new research initiative to develop methods
to infuse food and beverage products with naturally occurring psychedelic compounds found in many species of mushrooms.
Oakland was selected due to its track record of open-mindedness toward research into psychedelic compounds, such as psilocybin.
As announced in the Company’s release dated October 4,
Cannabis Global recently launched a new research initiative to develop novel methods to infuse foods and beverages with psychedelic compounds
found in many species of mushrooms, including psilocybin, psilocin, baeocystin, norbaeocystin, and aeruginascin, among others.
A major component of the program will be the development of new ways to infuse both the psychedelic compounds
and fungal components into derivative products to improve both bioavailability and taste.
Arman Tabatabei,
CEO of Cannabis Global commented,
“It’s an exciting time for those interested in the benefits of psychedelics as the citizens of California
have the capability to sign petitions to add an initiative to the 2022 legislative agenda to legalize
these potentially healthful compounds.
We certainly support such efforts and plan to conduct research to apply our food and beverage infusion expertise
from our years of work in the cannabis sector to this emerging marketplace.”
About Cannabis Global, Inc.
Cannabis Global, Inc. is a Los Angeles-based, fully audited and reporting Company with the U.S. Securities & Exchange Commission, trading under the stock symbol CBGL.
We are an emerging force in the cannabis marketplace with a growing product and proprietary intellectual property portfolio.
We are marketing and producing Comply Bag™, an innovative solution for cannabis storage, transport and tracking, and are the developer and marketer of the Hemp You Can Feel™ brand.
Our subsidiary, Natural Plant Extract (NPE), is a Southern California licensed cannabis manufacturer and distributor which licenses our technologies to produce edibles for the cannabis marketplace.
Cannabis Global has filed three non-provisional and multiple provisional patents for cannabis infusion and nanoparticle technologies and continues an active research & development program.
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