CANNABIS GLOBAL INC - CBGL STOCK NEWS

Cannabis Global (OTC PINK:CBGL) recently announced the filing of a non-provisional patent application for its innovative two-ingredient cannabinoid infusion technology. This chemical-free method utilizes just two commonly known ingredients, catering to the rising demand for clean label foods. The technology promises high bioavailability and allows manufacturers to dose psychoactive cannabinoids efficiently. The company plans to file additional patents and is finalizing its manufacturing process to integrate this technology into various product formulations.

Cannabis Global, Inc. (OTC PINK:CBGL) has filed a Patent Cooperation Treaty (PCT) application for its innovative cannabinoid infusion system that aims to enhance efficacy and reduce costs for beverages and consumer products. This advancement stems from the company's Project Varin, which focuses on rapid onset cannabinoid delivery, potentially reducing active ingredient onset time to minutes. CEO Arman Tabatabaei highlights the timing for global cannabis legalization as a key opportunity. The technology targets significant cost reductions in cannabinoid production, especially rare cannabinoids.

Cannabis Global, Inc. (OTC PINK:CBGL) announced the filing of a new patent application for its Project Varin, which aims to create highly bioavailable and ultra-fast acting cannabinoids for various applications, including food and beverages. This technology is poised to significantly reduce costs and enhance efficacy in cannabinoid products. The company anticipates that its innovations can allow faster onset of effects, potentially within minutes. The project focuses on utilizing food-grade ingredients, a feature that meets the increasing consumer demand for clean labels.

Cannabis Global, Inc. (OTC PINK:CBGL) has announced a collaboration with Marijuana Company of America Inc. (OTC:MCOA) as a research partner for its Project Varin. This initiative aims to innovate food and beverage products utilizing cannabinoid infusion technologies. Both companies hold equity in Natural Plant Extract of California, Inc., enhancing their partnership. Project Varin recently reported advancements in cannabinoid nano-infusion that avoids chemicals, promising enhanced bioavailability and cost-effectiveness for manufacturers.

Cannabis Global (OTC PINK:CBGL) announced a substantial increase in its financial performance for the fiscal year ending August 31, 2020. The expected assets will rise to approximately $2,396,558, a significant increase from $807,824 reported in May 2020. This increase is largely due to an investment in Natural Plant Extract of California Inc. and a strategic share exchange with Marijuana Company of America (OTCQB:MCOA). The CEO stated that these developments reflect the company's growth in cannabinoid technologies and product innovation.

Cannabis Global, Inc. (OTC PINK:CBGL) has launched a promotional campaign offering free samples of its new hemp extract sweetener line, powered by its patented Bee-Fuse Technology. The initiative, called Hemp You Can Feel™ Challenge, allows consumers to experience the company's innovative infusion technology without chemicals or bitter taste. Available products include hemp-infused organic sugar and various sweetener blends. Production is underway, with shipments expected to start next week. The sweeteners are designed to dissolve easily and enhance the appeal of meals and beverages.

Cannabis Global, Inc. (OTC PINK:CBGL) announced a three-year distribution agreement with Baja United Group for nationwide distribution of its Hemp You Can Feel™ products, including new hemp-based alcohol substitute cocktail mixers. Baja United will represent the brand to various retailers and online platforms, emphasizing the potential of these products to create a new beverage category. Both companies express confidence in the unique market position of these alternatives to alcohol-based beverages, enhancing potential sales and brand reach.

Cannabis Global (OTC PINK:CBGL) has launched its Hemp You Can Feel™ hemp-based alcohol substitute cocktail mixers on Amazon.com. The mixers, available in three flavors, aim to provide a light alcohol experience without harmful side effects. CEO Arman Tabatabaei noted the product's potential popularity and the significance of Amazon's platform for expanding reach. The company is known for its cannabinoid sciences and has filed multiple provisional patents related to cannabinoid delivery systems. This product addition marks a strategic move in its growing consumer portfolio.

Cannabis Global (OTC PINK:CBGL) has made an 18.8% strategic investment in Natural Plant Extract (NPE), a licensed cannabis manufacturer in Lynwood, California. This partnership promises cost synergies, access to robust distribution channels, and integration of Cannabis Global's technologies into NPE's product line. The upcoming completion of a state-of-the-art extraction facility in Q1 2021 is expected to enhance production capabilities. CEO Arman Tabatabaei highlighted the strategic importance of this investment in driving future growth and operational efficiencies.