Author: CannabisNewsWire (CNW)

About CannabisNewsWire CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge. To receive SMS text alerts from CannabisNewsWire, text “CANNABIS” to 21000 (U.S. Mobile Phones Only) For more information please visit https://www.CannabisNewsWire.com Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW, wherever published or re-published: http://CNW.fm/Disclaimer

CannabisNewsBreaks – Canopy Rivers Inc.’s (TSX: RIV) (OTC: CNPOF) Portfolio Companies Expand for Success in the Growing Market

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, today announced the broadening of operations of its portfolio companies as they position for success in the growing market. The update highlighted several enhancements and expansions, including one company’s launch of a data intelligence tool to assist retailers in tracking sales metrics and understanding their consumers. Another company intends to leverage Canopy Rivers’ strategic alliance with Kindred Partners Inc. to expand its distribution network. Included in the update is a summary of key developments for Headset, Inc., TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF), James E. Wagner Cultivation Corporation (TSX.V: JWC) and YSS Corp. (TSX.V: YSS).

To view the full press release, visit http://cnw.fm/1W1rN

About Canopy Rivers Inc.

Canopy Rivers is a venture capital firm specializing in cannabis. Its unique investment and operating platform is structured to pursue investment opportunities in the emerging global cannabis sector. Canopy Rivers identifies strategic counterparties seeking financial and/or operating support. Canopy Rivers has developed an investment ecosystem of complementary cannabis operating companies that represent various segments of the value chain across the emerging cannabis sector. As the portfolio continues to develop, constituents will be provided with opportunities to work with Canopy Growth Corporation (TSX: WEED, NYSE: CGC) and collaborate among themselves, which Canopy Rivers believes will maximize value for its shareholders and foster an environment of innovation, synergy and value creation for the entire ecosystem. For more information, visit the company’s website at www.CanopyRivers.com.

NOTE TO INVESTORS: The latest news and updates relating to CNPOF are available in the company’s newsroom at http://cnw.fm/RIV

About CanadianCannabisWire

CanadianCannabisWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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Please see full terms of use and disclaimers on the CanadianCannabisWire website applicable to all content provided by CNW, wherever published or re-published: http://CNW.fm/Disclaimer

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HempNewsBreaks – Sugarmade, Inc. (SGMD) Issues Shareholder Letter on Momentum and Significant Opportunities that Lie Ahead

Sugarmade (OTCQB: SGMD), a major supplier to the hydroponic cultivation and hemp sectors, today issued a shareholder letter on behalf of the company’s CEO. In the letter, SGMD CEO Jimmy Chan discusses the company’s momentum, commitment to its long-term value proposition and significant opportunities that lie ahead. “The market for hemp and hemp-related products is going to be significantly larger five years from now than it is today. No one disagrees with that basic premise. Our model, fundamentally, is predicated on the idea that this larger structural boom will contain lots of ups and downs for primary producers, but will be a much smoother ride for companies able to position as pick-and-shovels to those producers,” Sugarmade CEO Jimmy Chan states in the letter. “As the overall industry grows, the pie gets bigger and bigger for those catering to that industry. And hydroponics is a natural solution to tightening margins, which puts us squarely in the game for every part of the cycle.”

To view the full press release, visit http://cnw.fm/Xa3GM

About Sugarmade, Inc.

Sugarmade, Inc. (OTCQB: SGMD) is a product and branding marketing company investing in operations and technologies with disruptive potential. The Company is becoming a leading supplier to the growing hemp industry and is benefitting from the growth of the hydroponic marketplace. The Company is in the process of acquiring several leading hydroponic and agricultural supply companies that are currently producing in excess of $70 million in annual revenues. Sugarmade is also an investor in fast growing Hempistry, Inc., a Kentucky-based cultivator of industrial hemp, and operates Carryoutsupplies.com a leader provider to the quick service restaurant industry. For more information, visit the company’s website at www.Sugarmade.com.

NOTE TO INVESTORS: The latest news and updates relating to SGMD are available in the company’s newsroom at http://cnw.fm/SUGAR

About HempWireNews

HempWireNews (HWN) is a dedicated information provider focused on (1) aggregating hemp-related news, (2) issuing HempNewsBreaks designed to update investors on the latest developments in the hemp market, (3) enhancing corporate news releases, (4) providing full-service distribution and social media offerings to public and private client-partners and (5) designing and implementing all-inclusive corporate communication solutions. HNW is strategically positioned within the rapidly expanding hemp sector with a team of journalists working to help a growing roster of public and private companies reach a wide audience of investors, consumers and members of the media. We leverage a vast network of more than 5,000 key syndication outlets to deliver unparalleled visibility, recognition and content to the hemp industry. HempWireNews (HWN) is where HEMP news, content and information converge.

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CannabisNewsBreaks – Cannabis Strategic Ventures Inc. (NUGS) Issues Update Following Milestone Cannabis Decision by House Judiciary Committee

Cannabis Strategic Ventures Inc. (OTCQB: NUGS) this morning issued an update applauding House Judiciary Committee members for taking a significant step toward the legalization of the cannabis market through the passage of the Marijuana Opportunity Reinvestment and Expungement Act of 2019 (“MORE Act”), which will now move to the House for full consideration. “The ramifications of this bill bring excitement to the cannabis industry,” Simon Yu, CEO of Cannabis Strategic Ventures, stated in the news release. “Removing federal legislative obstacles brings tremendous opportunity in scaling the cannabis industry and we applaud the members of the House Judiciary Committee for their actions.” If passed into law, the MORE Act is expected to serve as a foundation granting cannabis cultivators fair treatment under the law by providing access to infrastructural resources, including the banking system.

To view the full press release, visit http://cnw.fm/kRc9X

About Cannabis Strategic Ventures

Cannabis Strategic Ventures is on a mission to shape the cannabis industry by striving for constant evolution in products, process, and people. The Los Angeles-based company incubates, develops and partners with category leaders within the cannabis and ancillary sectors. As one of the largest publicly traded cannabis cultivators in the United States, the Cannabis Strategic Ventures portfolio includes NUGS FARM, a 6-acre greenhouse operation with full cultivation, manufacturing and distribution licenses; Asher House Wellness a is a line of ingestible Pet CBD products that contains a broad spectrum of beneficial hemp; The Cloud is a dispensary, cultivation, and manufacturing facility located in the heart of downtown Los Angeles. For more information, visit the company’s website at www.CannabisStrategic.com

NOTE TO INVESTORS: The latest news and updates relating to NUGS are available in the company’s newsroom at http://cnw.fm/NUGS

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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For more information please visit https://www.CannabisNewsWire.com

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HempNewsBreaks – Green Hygienics Holdings Inc. (GRYN) Announces Strategic Appointments to Management Team, Advisory Board

Green Hygienics Holdings (OTCQB: GRYN), an innovative premium cannabis cultivation and branding enterprise, today announced the appointment of four experienced professionals to its leadership team. New management team and advisory board members include Senior VP of Business Development, Agriculture Division Jerry Halamuda, Senior VP of Corporate Development John Gildea, Independent Director William Creekmur MBA, and Advisory Board Member Edwin Stoughton. “Each of the professionals joining our team adds considerable value to GRYN’s growth strategy,” GRYN CEO Ron Loudoun said in the news release. “The industrial hemp industry is paced for revolutionary progress, and I am pleased to welcome these gentlemen as we compete in this incredible market.”

To view the full press release, visit http://cnw.fm/yF2KM

About Green Hygienics Holdings Inc.

Green Hygienics Holdings is an innovative, full-scope, science-driven, premium-hemp branding enterprise focused on the cultivation and processing of industrial hemp for cannabidiol (“CBD”). The Hemp Farming Act of 2018 removed hemp from Schedule I controlled substances (defined as cannabis with less than 0.3% THC), making it an ordinary agricultural commodity. GRYN’s mission is to grow the company in a sustainable and profitable manner to be one of the largest industrial hemp-for-CBD producers in North America. The company will adhere to the highest standards of operations in consistently delivering safe and premium-quality products to consumers. GRYN intends to be a leader in FDA cGMP (Current Good Manufacturing Practice) capabilities in the hemp and CBD marketplace. The company’s business model includes generating revenues from the sale of hemp and premium-grade CBD products, creating trusted global consumer brands, developing valuable IP and growing the company rapidly through strategic acquisitions. For more information, visit the company’s website at www.GreenHygienicsHoldings.com.

NOTE TO INVESTORS: The latest news and updates relating to GRYN are available in the company’s newsroom at http://cnw.fm/GRYN

About HempWireNews

HempWireNews (HWN) is a dedicated information provider focused on (1) aggregating hemp-related news, (2) issuing HempNewsBreaks designed to update investors on the latest developments in the hemp market, (3) enhancing corporate news releases, (4) providing full-service distribution and social media offerings to public and private client-partners and (5) designing and implementing all-inclusive corporate communication solutions. HNW is strategically positioned within the rapidly expanding hemp sector with a team of journalists working to help a growing roster of public and private companies reach a wide audience of investors, consumers and members of the media. We leverage a vast network of more than 5,000 key syndication outlets to deliver unparalleled visibility, recognition and content to the hemp industry. HempWireNews (HWN) is where HEMP news, content and information converge.

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CannabisNewsBreaks – Lexaria Bioscience Corp.’s (CSE: LXX) (OTCQX: LXRP) Enhanced Technology Shows Rapid Onset of Action in Under 10 Minutes

Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP), a global innovator in drug delivery platforms, today announced its development of additional enhancements for its industry-leading DehydraTECH(TM) platform that delivers THC onset of action in less than 10 minutes in human pilot testing. According to the update, volunteers in recent human subjective pilot tests reported onset in less than 10 minutes from edibles formulated with this latest DehydraTECH innovation. This enhanced version of the delivery platform shows onset that is roughly twice as fast as traditional DehydraTECH and four to six times faster than generic industry formulations.

To view the full press release, visit http://cnw.fm/G4mY9

About Lexaria Bioscience Corp.

Lexaria Bioscience Corp. is a global innovator in drug-delivery platforms. Its patented DehydraTECH drug-delivery technology changes the way active pharmaceutical ingredients enter the bloodstream, promoting healthier ingestion methods, lower overall dosing and higher effectiveness for lipophilic active molecules. DehydraTECH increases bioabsorption, reduces time of onset and masks unwanted tastes for orally administered bioactive molecules including cannabinoids, vitamins, non-steroidal anti-inflammatory drugs (“NSAIDs”), nicotine and other molecules. Lexaria has licensed DehydraTECH to multiple companies in the cannabis industry for use in cannabinoid beverages, edibles and oral products, as well as to a world-leading tobacco producer for the development of smokeless, oral-based nicotine products. Lexaria operates a licensed, in-house research laboratory and holds a robust intellectual property portfolio with 16 patents granted and over 60 patents pending worldwide. For more information, visit the company’s website at www.LexariaBioscience.com.

NOTE TO INVESTORS: The latest news and updates relating to LXRP are available in the company’s newsroom at http://cnw.fm/LXX

About CanadianCannabisWire

CanadianCannabisWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

To receive instant SMS alerts, text CANNABIS to 21000 (U.S. Mobile Phones Only)

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420 with CNW – Why Humidity Matters During Cannabis Cultivation

For centuries, wine merchants have been cognizant that sticking to every step of the winemaking process is crucial in ensuring the quality and value of the end product. So, they have to be cautious from cultivation and harvesting techniques to fermentation, aging, and packaging of the wine. This strict process of winemaking is now being adopted in the production of marijuana.

Professionals who have worked in the consumer-packaged-goods (CPG) sector for several decades have been interested in finding out how the quality and value of marijuana flower is affected by post-harvest storage and packaging. After conducting research, it was found that the most significant issues affecting quality and value are storage conditions and humidity levels, as well as the challenge of preventing mold.

Researching about what happens to marijuana once it is harvested is the Boveda research team, which previously studied humidity control in manufactured and CPG products. What prompted the research is the fact that there wasn’t much information on marijuana storage. The most surprising finding is the impact of evaporation on the quality and sale of weed.

The loss of moisture in marijuana affects the overall product.

Profitability is equated to the weight of the cannabis flower in the industry because the weightier the harvest, the higher the market value. The results of the research showed that if the storage environment’s optimal relative humidity (RH) drops by 5%, six-pounds are lost for every 1,000 pounds of cannabis buds. If the wholesale price of a gram of marijuana flower were $5, the loss in revenue would be $13,500. The established humidity levels by the ASTM International ranges from 55%-65%. ASTM is an independent industry standards organization.

For testing humidity levels, the Boveda research team purchased cannabis flowers from retail stores in multiple states, which showed that most of the strains sold today in the retail outlets are below the established relative humidity levels. This means that thousands of dollars in revenue is being lost despite the frequent changes in the wholesale price of the flower.

When we look at the history of marijuana flower, growers, processors, and packagers always insisted on storing the bud at a specific level of humidity ‘ceiling.’ This is because when the flower is stored at high moisture levels, it is prone to mold development or growth of microbes. That is why some people tend to dry the flower beyond the recommended levels.

Some people excessively dry the bud because they believe in the fallacy of rehydrating the cannabis flower; however, this method damages the trichomes, which in turn destroys the quality of the flower — trichomes house the plant’s resins, cannabinoids, and terpenes. Thus, when trichomes are damaged, the flower loses its aroma, taste, scent, and appeal, all of which are very important because it’s what customers look for when purchasing weed — preserving these elements when drying and packaging is therefore vital because rehydration cannot restore them.

Cannabis growers can use desiccants for absorbing moisture, mechanical equipment that alters relative humidity, or two-way moisture control sachets that are designed for packaging containers to control humidity.

If you are venturing into marijuana processing or cultivation, experts advise that you take the cue from established cannabis businesses like IONIC Brands Corp. (CSE: IONC) (OTC: IONKF) and Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) which have mastered the delicate balance between keeping humidity high enough so that product weight remains optimum while also keeping it low enough to prevent mold and other such problems.

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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420 with CNW – Dream Job? Earn 36k a Year to Smoke Marijuana Daily

A cannabis company has a job offer for potheads, cannabis products reviewer. The lucky person will be testing a wide range of marijuana products daily from the comfort of his/ her house. This lucky individual will then be paid $36,000 per year, which equates to $3,000 each month.

American Marijuana is among the most trusted online resource for medical marijuana, and the company is looking for a person who can give unbiased reviews and honest opinions about their wide range of products. The job is significant, and 100% legit.

However, American Marijuana is not employing someone just because they love smoking weed. According to their website, they put a disclaimer to indicate that people should not expect to be hired just because they can use pot. They further said that they are also looking to see if the individual has in-depth knowledge of cannabis, which can be applied to educate their readers. The chosen individual has to be residing in the United States or Canada where marijuana is legal. The candidate has to be fit, healthy, 18 years and above, and be comfortable in front of a camera.

Maybe having a degree in marijuana will be an added advantage.

The nitty-gritty of the job description is that they are looking for a person who can write reviews on a variety of marijuana products, which includes vapes, cannabis strains, edibles, and CBD oils. The person will also provide readers with candid and reliable information on the products.

At the beginning of every month, a box packaged with different brands and strains of marijuana will be shipped to the hired individual. The products include vapes, edibles, and CBD oils.

The lucky applicant is expected to record the unboxing and their experience on film. They are also required to test the products and write in a blog about their experience as well as everything else they will be doing with the products.

They are expected to give detailed write-ups of their experience during and after use. This is to educate readers and video viewers on the impact of the products.

According to the terms and conditions of the job advert, the $3,000 salary is dependent on the experience and capability of the applicant.

Marijuana is becoming more mainstream with each passing year, so it isn’t surprising that such job offers are beginning to popup. Cannabis industry analysts expect sector players like Willow Biosciences Corp. (CSE: WLLW) and Neutra Corp. (OTC: NTRR) to come up with novel jobs that pay handsomely.

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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CannabisNewsBreaks – Youngevity International Inc. (NASDAQ: YGYI) President and CFO to Present at The Benchmark Company’s 8th Annual Discovery 1×1 Investor Conference

Youngevity International (NASDAQ: YGYI), a leading omni-direct lifestyle company, today announced its plans to present at The Benchmark Company’s 8th Annual Discovery 1×1 Investor Conference. The conference is slated to take place at the New York Athletic Club in New York City on December 4, 2019.  Youngevity’s President and CFO Dave Briskie will be presenting YGYI to various family offices, and institutional and high net worth investors. “The Benchmark Company and this conference has been an integral part of our awareness campaign and exposure to institutions over the last several years,” Youngevity President and Chief Financial Officer Dave Briskie said in the news release. “Our institutional ownership, according to the latest report by Nasdaq, as of 9/30/2019, experienced a net increase of 465,154 shares bringing our institutional ownership, as defined by Nasdaq, to 9.38%.  We believe this conference provides us an opportunity to keep in touch with our shareholder base while providing the opportunity to present our business to a new group of investors.”

To view the full press release, visit http://cnw.fm/hR3az

About Youngevity International Inc.

Youngevity International Inc. is a multi-channel lifestyle company operating in three distinct business segments, including a commercial coffee enterprise, a commercial hemp enterprise and a multi-vertical omni direct selling enterprise. The company features a multi country selling network and has assembled a virtual Main Street of products and services under one corporate entity. YGYI offers products from the six top-selling retail categories: health/nutrition, home/family, food/beverage (including coffee), spa/beauty, apparel/jewelry and innovative services. For more information, visit the company’s website at www.YGYI.com.

NOTE TO INVESTORS: The latest news and updates relating to YGYI are available in the company’s newsroom at http://cnw.fm/YGYI

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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CBDNewsBreaks – ChineseInvestors.com Inc. (CIIX) CEO Eyes Opportunity for CBD Divisions in Interview on RedChip Money Report

ChineseInvestors.com (OTCQB: CIIX), an established financial news and investment portal as well as a leading industrial hemp retailer for the Chinese-speaking community, today announced that a recent interview with its CEO Warren Wang on The RedChip Money Report television program aired on Bloomberg International on November 17, with the broadcast available in 149 million homes across Europe, the Middle East and Africa. During the interview, Wang discusses tremendous opportunity for CIIX’s CBD divisions, indicating that the company is the first to enter the Chinese CBD cosmetic products market.

To view the full press release, visit http://cnw.fm/2Weh8

About ChineseInvestors.com

Founded in 1999, ChineseInvestors.com endeavors to be an innovative company providing: (a) real-time market commentary, analysis and educational-related services in Chinese language character sets (traditional and simplified); (b) advertising and public relations-related support services; and (c) retail, online and direct sales of hemp-based products and other health and wellness products. For more information, visit the company’s website at www.ChineseInvestors.com.

NOTE TO INVESTORS: The latest news and updates relating to CIIX are available in the company’s newsroom at http://cnw.fm/CIIX

About CBDWire

CBDWire (CBDW) is a specialized information provider focused on (1) reporting CBD-related news and updates, (2) releasing CBDNewsBreaks crafted to keep investors abreast of the latest and greatest in the CBD market, (3) refining and enhancing corporate press releases, (4) delivering end-to-end distribution and social media services to client-partners and (5) constructing effective corporate communication solutions based on the unique requirements of CBD companies. CBDW is exclusively positioned in the burgeoning CBD sector with a proven team of journalists and researchers working to deliver high quality content to an expansive target audience of investors, consumers and industry news outlets. Our dissemination network of over 5,000 downstream distribution points allows us to deliver unparalleled reach, visibility and recognition to companies operating in both cannabidiol and the wider cannabis space. CBDWire (CBDW) is where CBD news, content and information converge.

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CBDNewsBreaks – MCTC Holdings Inc. (MCTC) Expands Research & Development Program

Los Angeles, California-based MCTC Holdings (OTC: MCTC) this morning announced that it is expanding its research and development (“R&D”) program designed to produce polymeric nanoparticles of cannabinol (“CBN”). The expansion aims to create nanoparticles of cannabinoid glycosides, which the company believes will hold considerable commercial viability in the future. MCTC’s research team plans to produce CBN nanoparticles with both immediate and controlled-release properties based on the company’s experience producing cannabidiol (“CBD”) nanoparticles and nanofibers. MCTC also added the creation of nanoparticles of cannabinoid glycosides to its research program. “We are continuing our R&D programs based on three primary goals,” MCTC CEO Arman Tabatabaei stated in the news release. “First, we plan to continue toward mass production of immediate and controlled-release CBD nanoparticles and, to a lesser extent, CBD nanofibers. Second, we plan to utilize this experience to replicate the process using some of the minor cannabinoids, with CBN selected as the first target. Lastly, we are focusing all of our research toward protecting the intellectual property we develop. Thus far, we have filed four patents, with one additional application in progress. We are likely to file several more patent applications over the coming months as our cannabinoid R&D programs progress.”

To view the full press release, visit http://cnw.fm/NhHr4

About MCTC Holdings Inc.

MCTC Holdings is a Delaware-registered, fully reporting and audited publicly traded company. With the hemp and cannabis industries developing rapidly and with a growing number of market entrants, MCTC plans to concentrate its efforts on the middle portions of the hemp and cannabis value chain. The company is actively pursuing R&D programs and productization for exotic cannabinoid isolation as well as bioenhancement of cannabinoids, polymeric solid nanoparticles and nanofibers for addition into consumer products and for dermal application. The company was reorganized in June 2019 and announced its intent to enter the fast-growing cannabis sector and change its corporate identity to Cannabis Global Inc. The company is headed and managed by a group of highly experienced cannabis industry pioneers and entrepreneurs. For more information, visit the company’s website at www.CannabisGlobalinc.com.

NOTE TO INVESTORS: The latest news and updates relating to MCTC are available in the company’s newsroom at http://cnw.fm/MCTC

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