VAN NUYS, Calif., Dec. 16, 2021, Eco Innovation Group, Inc., an innovative company developing new technologies for green energy solutions, is pleased to announce the filing of a patent application (Application No. 17/469,834) for the Company’s licensed PoolCooled™ Climate Control technology solution.
Eco Innovation Group Eco Innovation Group on June 8, 2021, ECOX executed a licensing agreement (the “Agreement”) giving the Company exclusive rights to commercialize PoolCooled™, a climate control solution that leverages proprietary technology to cool a home or building by taking cool water from an existing swimming pool and looping it through the existing air conditioning system to boost efficiency on a per-unit power consumption basis.
Also, Breaking News on the Company’s new breakthrough glycerin-based non-CO2 supercritical extraction technology (the “GET System”), which has clear potential applications for companies involved in producing products that rely on cannabis plant extraction.
Demitri Hopkins, inventor of the GET System technology, has commented, “Most processes using supercritical fluids — such as carbon dioxide — to extract plant products end up with highly viscous products that are difficult to work with. The glycerin concentrates generated from this system can be used directly in a range of products and allow standardized concentrations of the target compounds.”
The intellectual property behind the glycerin extraction technology has been exclusively licensed to Eco Innovation Group, and fabrication of the prototype is underway at Fluitron Inc.
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LOS ANGELES, CA December 15, 2021, Cannabis Global, Inc., an innovation-oriented company investing in disruptive cannabis technologies, today announced the filing of its annual report for the fiscal year ended August 31, 2021. Revenues for the fiscal year grew to just over $1.6 million, compared to approximately $27,000 for the previous fiscal year.
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LOS ANGELES, Dec. 15, 2021 – Marijuana Company of America, Inc., a diversified holding company with operations and investments throughout the cannabis industry,
announces that it has recently completed the acquisition of VBF Brands, Inc. (“VBF”) a marijuana cultivator and distributor based in Salinas, California.
MCOA acquired VBF Brands, Inc. in October 2021 and is a fully multi-licensed cannabis cultivator and distributor based in Salinas, California that and for the past two years has been utilizing its proprietary growing systems to produce desirable cannabis clones that are certified clean and designed to assist growers in reducing crop uncertainty and enhancing the likelihood of successful cultivation harvests.
VBF brands have a strong reputation with its existing customer base for high-quality clones and its unique use of its growing space.
The Company employs multi-tiered vertical growing which exponentially increases the square footage of its Salinas, California facility. VBF Brands, Inc., provides greater efficiency and sustainable cultivation techniques to provide growers with access to locally grown, high-quality clones to grow cannabis flower. Clones are cultivated in an expedient manner and sold for use to other cannabis flower growers that no longer have to wait six months to cultivate and sell.
MCOA expects to work immediately towards increasing production at the current Salinas facility that also offers exponential growth potential with other nearby properties that MCOA has an option to participate in as part of the acquisition.
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