Profile:
Cannabis Global (OTC: CBGL) is a global player in the fast growing and highly lucrative cannabis marketplace headquartered in bustling Downtown Los Angeles, California. The Company will be involved in both the industrial hemp markets, where permitted and legal under the 2018 Farm Bill, and the legal marijuana markets as permitted and licensed by way of various state and local laws and regulations.
In addition, 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 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™ 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.
Recent Highlights:
Cannabis Global Signs with Baja United for Nationwide Distribution – CBGL entered into a three-year distribution agreement with Baja United Group (“Baja United”) for nationwide distribution of Hemp You Can Feel™ branded products, including the Company’s new Hemp You Can Feel™ hemp-based alcohol substitute cocktail mixers.
Marijuana Company of America Inc. Announces Collaboration with CBD Beverage Company Cannabis Global, Inc. and Launch of hempSMART™ Beverage Line – Cannabis Global, Inc. entered into a collaboration and mutual strategic investment with Marijuana Company of America Inc. (OTCQB: MCOA), an innovative hemp corporation. The transaction integrates two complementary businesses in the growing CBD sector.
Cannabis Global Pre-Announces Expected $2.35 million Increase in Net Assets – CBGL announces some aspects of its financial performance for the fiscal year ended August 31, 2020, including a significant increase in assets reported on its balance sheet for the period. Assets are expected to be reported at approximately $2,396,558, up from $807,824 as of the end of the quarter ending May 31, 2020. Of the increase, approximately $1.7 million is attributable to the recent investment in 266,667 shares of common stock of Natural Plant Extract of California Inc., a California corporation (“NPE”), representing 18.8% of the outstanding capital stock of NPE on a fully diluted basis.
Investment Considerations:
Experienced management team with dealings in the cannabis, hemp and CBD markets. CEO Arman Tabatabaei has 15 years of management under his belt and has consulted with Cannabis Strategic Ventures (OTCQB:NUGS) on various growth initiatives relative to both cannabis cultivation and the organization of new hemp-related retail operations. At Sugarmade, Inc., (OTCQB:SGMD) he has been instrumental in revamping various operations relative to the Company’s hydroponic growth supplies initiatives. Mr. Edward Manolos a founder and Director at Cannabis Global. and is one of the most accomplished pioneers in California’s Medical Marijuana industry. In 2004, he opened the very first Medical Marijuana Dispensary in Los Angeles County under the name CMCA. He has managed and operated over thirty five dispensaries from Los Angeles to San Jose including twenty In Los Angeles Pre-ICO/Prop D. He is also credited with starting Los Angeles’ first Medical Marijuana farmers market referred to as “The California Heritage Farmer’s Market,” which attracted local and international media attention and was the first of its kind.
