LOS ANGELES, June 29, Marijuana Company of America, Inc. (“the Company”), a diversified holding company with operations and investments throughout the cannabis industry, today announced that its new wholly owned subsidiary cDistro, has reached an agreement with Silo Wellness, Inc. to distribute Marley One, the first global functional mushroom brand, in collaboration with the Bob Marley Family.
The initial product offering will include a range of functional mushroom tinctures, including species such as cordyceps, lion’s mane, chaga, reishi and turkey tail that offer a range of unique health and wellness benefits, from immunity and gut health to cognitive function and sleep enhancement.
Silo has also announced that it intends to launch a psychedelic mushroom product line under the Marley name later this year, to be followed by additional functional mushroom products including gummies, capsules and cosmetics. “We believe it is important to be a leader in providing access to newer product categories, and we are honored to distribute and provide access to Marley One, the first global functional mushroom brand, in collaboration with the Bob Marley Family,” said Ron Russo, cDistro’s President.
“The Marley family name is an iconic part of our history and we’re thrilled to bring these exciting new products into our fast growing distribution portfolio. We have already commenced our marketing efforts to introduce and distribute Marley One, in collaboration with Silo Wellness and the Bob Marley Family. This distribution agreement and other new initiatives, epitomizes our growth and plans for continued growth and expansion.”
“This represents a new beginning for Marijuana Company of America as it begins its quest to diversify its product base and begin significant strides to become a proactive leader in the Cannabis industry,” said Jesus Quintero, CEO of Marijuana Company of America, Inc.
Silo’s CEO, Douglass Gordon, stated, “We are pleased to have chosen cDistro as one of our initial distributors and we expect that as our global functional mushroom brands continues to develop that we will become the world’s first global functional and psychedelic mushroom brand, guided by a vision to help people achieve healthier lifestyle.”
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.
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.
Excerpts from News Release 2021
“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
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.
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.
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
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.
Inspirational Technologies (2021)
Background Noise Studio Productions
1st Hemp USA News
4 Hemp Club
For Business Opportunities or Customer Signup
New Years New Deals Enter 2021 Promo Code for 15% Store Discount Dismiss