Cannabis Global (OTC: CBGL), a cannabinoid and hemp extract science-forward company developing infusion and delivery technologies and investing in fast-growing cannabis markets, today announced its acquisition of Ethos Technology LLC. Ethos Technology is a Los Angeles-based startup specializing in ultra-secure cannabis transport containers for the commercial cultivation, processing and distribution sectors. Cannabis Global intends to leverage this technology to market a line of secure transport products under the brand name Comply Bag. “Having opened the first medical marijuana dispensary in Los Angeles back in 2004, my organization has struggled with securely transporting cannabis. That’s why we invented this unique transport technology,” said Edward Manolos, founder of Ethos Technology and a director of Cannabis Global. “I firmly believe it is a product this booming industry needs and that it is specifically tailored to be compliant with the regulatory framework in California and across the entire United States. We look forward to introducing this proprietary cannabis transport system to current operators and especially to new market entrants in other states as the nationwide market opens up to regulated sales. My goal is to use our experiences, and this new technology, to revolutionize cannabis transport across America.”
To view the full press release, visit https://ibn.fm/Bq4mG
About Cannabis Global Inc.
Cannabis Global, 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 cannabinoid sciences and highly bioavailable hemp and cannabis infusion technologies. Cannabis Global has an actively growing portfolio of cannabis investments and intellectual property, having filed six provisional patents relative to 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 develop products based on this cannabinoid. 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://ibn.fm/MCTC
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