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Cannabis Global (CBGL) and Marijuana Company of America (MCOA) Applaud California Assembly Passage of AB 45 Allowing CBD in Food Despite Federal Red Tape

LOS ANGELES, CA September 20, 2021

Cannabis Global, Inc. (CBGL), an innovation-oriented company investing in disruptive cannabis and hemp-related technologies, and Marijuana Company of America (MCOA) today jointly issued statements concerning California’s Passage of Assembly Bill 45 (“AB 45”), which seeks to establish a regulatory framework for industrial hemp under the Sherman Food, Drug, & Cosmetic Law framework.

Governor Gavin Newsom (CA), who easily beat back a challenge to his leadership last week in a landslide recall election win, has already expressed strong support for AB 45.

Enactment of this legislation would resolve California state enforcement completely by deeming CBD safe for human and animal consumption and ending state prohibition of CBD products.

Moreover, full passage of the measure would open the door to the production and sale of CBD products in the state despite Federal regulatory barriers.

Cannabis Global Inc (CGBL)

 

Cannabis Global CEO Arman Tabatabaei stated,

“Without state cooperation, we believe the FDA would likely have trouble providing an effective regulatory framework for CBD in California.

AB 45 is a game changer for companies that market CBD products in the state. While important restrictions on manufacturing remain in place, this is unequivocally positive for any producer of hemp or CBD products targeting end-market consumers in California.”

Marijuana Company Of America (MCOA)

 

“This legislation represents a crucial step for a viable industry with tremendous value to offer California residents,” remarked Jesus Quintero, CEO of Marijuana Company of America.

“We have faith in the state’s democratic process and the system’s ability to produce a rational legislative result on this issue.

AB 45 opens the door to a world where California consumers can finally gain access to the CBD products they have been requesting for years.

And the Assembly’s passage of the bill is a big step in the right direction.

 

AB 45 has successfully passed California state legislative consideration

and now rests on Governor Newsom’s desk,

where it is widely expected to be signed into law over coming weeks.

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Cannabis Global Prepares for Premium Cannabis Product Releases

Cannabis Glogal

LOS ANGELES, CA -June, 2021 – Cannabis Global Inc. the majority owner of licensed cannabis manufacturer Natural Plant Extract (NPE) and Northern Light Distribution, a licensed cannabis distribution company,  provided a business update regarding upcoming product launches. NPE, based in Lynwood, California, has completed its first round of compliance testing and is preparing for the June introduction and shipment of several new products.

The products will include super premium, THC-A Diamond, Live Resin-infused cannabis pre-rolls, a new line of vegan, stevia-enhanced cannabis candy products, and top-shelf cannabis flower products based on indoor grown strains. “In crowded, highly competitive Southern California, we need to have unique products, and that is exactly what we have created,” commented Cannabis Global CEO Arman Tabatabaei.

“Among other products on deck, our premium diamond-infused pre-roll product will be a leader in potency with our first introduction topping 45% levels of THC (tetrahydrocannabinol).

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THC Diamonds

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With a unique infusion manufacturing process and a hand-finish that allows for even concentrate distribution throughout the pre-roll, we are able to achieve both ultra-high potency and an ultra-smooth smoking experience. ” The Company will also introduce its all-natural, vegan, cannabis-infused Pate de Fruits candy line designed to compete at the premium end of the cannabis edibles market. Pate de Fruits is made from real fruit purées, a stevia-based sweetener blend, and other “best available anywhere” ingredients. Its heat-resistant design is expected to be especially attractive to cannabis delivery companies, which often struggle with melting of edible products during the warmer months of the year.

“We are confident that cannabis consumers and our investors will be impressed with our new products,” Tabatabaei continued. “We have undoubtedly taken a product track toward ultra-premium products, as we believe this underserved area shows increasing consumer interest. We have also significantly increased our distribution business via our Northern Lights distribution company, which is co-located at our Lynwood, California, facility.

Additionally, we are diligently working to complete our volatile extraction laboratory in conjunction with our project investment MCOA.

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NPE of Cannabis Global Updated Product Launches 🚀

Cannabis GlogalCannabis Global Prepares for Premium Cannabis Product Releases

LOS ANGELES, CA -June 10, 2021 – Cannabis Global Inc., the majority owner of licensed cannabis manufacturer Natural Plant Extract (NPE) and Northern Light Distribution, a licensed cannabis distribution company, today provides a business update regarding upcoming product launches. NPE, based in Lynwood, California, has completed its first round of compliance testing and is preparing for the June introduction and shipment of several new products.

The products will include super premium, THC-A Diamond, Live Resin-infused cannabis pre-rolls, a new line of vegan, stevia-enhanced cannabis candy products, and top-shelf cannabis flower products based on indoor grown strains. “In crowded, highly competitive Southern California, we need to have unique products, and that is exactly what we have created,” commented Cannabis Global CEO Arman Tabatabaei. “Among other products on deck, our premium diamond-infused pre-roll product will be a leader in potency with our first introduction topping 45% levels of THC (tetrahydrocannabinol). With a unique infusion manufacturing process and a hand-finish that allows for even concentrate distribution throughout the pre-roll, we are able to achieve both ultra-high potency and an ultra-smooth smoking experience.

“The Company will also introduce its all-natural, vegan, cannabis-infused Pate de Fruits candy line designed to compete at the premium end of the cannabis edibles market. Pate de Fruits is made from real fruit purées, a stevia-based sweetener blend, and other “best available anywhere” ingredients. Its heat-resistant design is expected to be especially attractive to cannabis delivery companies, which often struggle with melting of edible products during the warmer months of the year.”

“We are confident that cannabis consumers and our investors will be impressed with our new products,” Tabatabaei continued. “We have undoubtedly taken a product track toward ultra-premium products, as we believe this underserved area shows increasing consumer interest. We have also significantly increased our distribution business via our Northern Lights distribution company, which is co-located at our Lynwood, California, facility. Additionally, we are diligently working to complete our volatile extraction laboratory in conjunction with our project investment partner, Marijuana Company of America.

Excerpts from News Release 2021

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Diamond MCOA and CGBL Are At It Again. Diamond Mining Within the Cannabis Industry.

May 25, 2021

Cannabis Global, Inc. and Marijuana Company of America today announce the funding of a state-of-the-art cannabis extract laboratory in Lynwood, California.

Cannabis Glogal

The two companies recently created a joint venture, MCOA Lynwood Services, Inc., which is majority-owned by Cannabis Global, Inc., which will oversee operations and marketing of cannabis products produced by the venture. “One of our top priorities at the new laboratory is to produce a crystalline form of THC-A called “Diamonds” to be sold into the wholesale and retail markets and for use on our own branded products,” commented Arman Tabatabaei, CEO of Cannabis Global.

“Production of cannabis Diamonds, which is often called Diamond Mining within the cannabis industry, is highly specialized requiring not only specific licensing and permitting but also state-of-the-art extraction equipment and specialized scientific personnel. With our funding now secure and the technical talent in place, we are now moving quickly to turn up operations.”

The laboratory will be operated by Cannabis Global’s subsidiary, Natural Plant Extract of California (NPE), under its Type 7 cannabis manufacturing permit. NPE will manage the laboratory and manufacturing operations with both MCOA and CBGL personnel providing consulti

 

ng and business management services.

The State of California limits the issuances of Type 7 permits for production of cannabis extracts utilizing volatile substances. NPE has invested heavily in building safety and the environmental retrofits required for Type 7 permitting, and recently renewed its permit for this type of cannabis extraction.

Last year, according to data published by MJBizDaily, the cannabis concentrate product category was up by more than 40%, representing one of the fastest-growing cannabis sub-categories.

Pricing of products in the category also rose last year by five percent, primarily driven by increased demand as consumers continued to move away from vape products due to health concerns, and as consumers in mature markets, such as Los Angeles, are increasingly demanding more potent cannabis products. “Diamonds” is a cannabis industry term for crystal formations of THC-A cannabinoids.

Diamonds are produced as THC-A molecules clump together creating crystalline faceted formations that resemble diamonds. NPE plans to offer its Diamond products directly to California cannabis retailers and wholesale markets via its sister company, Northern Lights Distribution, and to enhance its own manufactured products, under the Northern Light brand name.

Mr. Tabatabai, continued, “Because we will be producing our own concentrates to feed our own brands while also acting as our own distributor, this new laboratory and the products it will produce opens up a host of new revenue and vertical integration opportunities for our companies.”

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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Cannabis Global Announces Metrc API Integration for Comply Bag(TM) Cannabis Transport System – Targets Growing National Cannabis Market in 2021


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.

Cannabis Global tailored the app to address multiple state regulatory regimes, including California’s Metrc track-and-trace system used to track cannabis activity and movement across distribution channels, while preserving flexibility in the architecture to allow for interstate tracking of cannabis as national cannabis markets develop further in 2021.

“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. The new products to be released by Cannabis Global are designed to meet these needs.

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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