Cannabis Global Prepares For Multiple Channel and
Distribution Launches
LOS
ANGELES, CA -- August 20, 2020 -- InvestorsHub NewsWire -- Cannabis
Global, Inc. (OTC:
CBGL) ("Cannabis Global" or the "Company"), a cannabinoid and
hemp extract science-forward company developing infusion and
delivery technologies, today outlines its upcoming product launches
on multiple distribution platforms. The Company is
emphasizing products utilizing its internally developed and
provisional patent-pending technologies and unique honey bee based
hemp infusion products developed in conjunction with its
developmental partners.
"Our
corporate emphasis is to utilize our unique intellectual property
to bring to the marketplace a unique set of hemp-infused products,"
commented Chief Executive Officer Arman Tabatabaei. "We
believe we have accomplished this goal via our Hemp You Can Feel™
infusion technology, which provides meaningful effect at nearly
undetectable levels of cannabinoids. We are now preparing to
launch this unique product line on multiple platforms and on our
website at www.HempYouCanFeel.com.
"
Over
the coming weeks, the Company is planning distribution launches as
follows:
New
Affiliate Marketing Program - Beginning this week, Cannabis Global
is launching an affiliate marketing program that will emphasize its
Hemp You Can Feel™ alcohol replacement cocktail mixers and coffee
products. The affiliate program will rely on custom-built
welcome kits, media kits, and proven best practices to recruit
affiliate markets across the United States. Social media
campaigns are scheduled to begin on August 19, 2020. The
Company plans to add its new Hemp & Booch Hemp You Can Feel™
craft Kombucha to the affiliate marketing program later this
month.
RXLeaf
Platform Joint Venture - RxLeaf is a physician-led medical cannabis
website focused on education and information
dissemination. The Company and RXLeaf have created a
joint venture to market Hemp You Can Feel™ products to the more
than one million followers of RxLeaf and its affiliated
cannadish.net culinary oriented website. Cannabis Global will
be shipping its first products to RxLeaf this week.
Additionally, RxLeaf has agreed to include the Company's new Hemp
You Can Feel™ sweeteners line within the joint venture agreement,
with shipments of this new product line beginning as soon as
production is complete later this month.
About
Cannabis Global, Inc.
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 does not engage in the production, distribution, or
sales of any controlled substances, including marijuana. 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.
About
Provisional Patent Filings
Under
United States patent law, a provisional application is a legal
document filed in the United States Patent and Trademark Office,
that establishes an early filing date, but does not mature into an
issued patent unless the applicant files a regular non-provisional
patent application within one year.
Forward-looking
Statements
This
news release contains "forward-looking statements" which are not
purely historical and may include any statements regarding beliefs,
plans, expectations or intentions regarding the future. Such
forward-looking statements include, among other things, the
development, costs and results of new business opportunities and
words such as "anticipate", "seek", intend", "believe", "estimate",
"expect", "project", "plan", or similar phrases may be deemed
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. Actual results could
differ from those projected in any forward-looking statements due
to numerous factors. Such factors include, among others, the
inherent uncertainties associated with new projects, the future
U.S. and global economies, the impact of competition, and the
Company's reliance on existing regulations regarding the use and
development of cannabis-based products. These forward-looking
statements are made as of the date of this news release, and we
assume no obligation to update the forward-looking statements, or
to update the reasons why actual results could differ from those
projected in the forward-looking statements. Although we believe
that any beliefs, plans, expectations and intentions contained in
this press release are reasonable, there can be no assurance that
any such beliefs, plans, expectations or intentions will prove to
be accurate. Investors should consult all of the information set
forth herein and should also refer to the risk factors disclosure
outlined in our annual report on Form 10-k, our quarterly reports
on Form 10-Q and other periodic reports filed from time-to-time
with the Securities and Exchange Commission. For more information,
please visit www.sec.gov.
For
more information, please contact:
Arman
Tabatabaei
IR@cannabisglobalinc.com
+1-(310)-986-4929
Public
Relations:
Tiger
Global Management
info@TigerGMP.com
www.TigerGMP.com
SOURCE
Cannabis Global, Inc.