LOS ANGELES, CA / ACCESSWIRE / October 27, 2020 / Cannabis Global, Inc. (OTC PINK:CBGL), a cannabinoid and hemp extract science-forward company developing infusion and delivery technologies and investing in fast-growing cannabis markets, today announced the inclusion of Marijuana Company of America Inc. (OTC:MCOA), as a research partner in its Project Varin research and development program. The two companies plan to collaborate on the development of new food and beverage products in conjunction with Natural Plant Extract of California, Inc. ("NPE"), which operates a licensed cannabis manufacturing business operation out of Lynwood, California. Cannabis Global and Marijuana Company of America have both have equity stakes in NPE. Cannabis Global and Marijuana Company of America will collaborate to develop new protocols and techniques for food and beverage cannabinoid infusion based on the experienced gained under the Project Varin program. Arman Tabatabaei, commented, "Marijuana Company of America and Cannabis Global are both equity holders in NPE, which holds both manufacturing and distribution licenses within the State of California, so this collaboration between the three companies is a natural fit. Upon the filing of our next patent in this area, we plan to jointly work within the California regulatory framework to create a new method to infuse food and beverages with THC. The technology holds the promise to rewrite the industry dynamic relative to both cost of infusion and overall efficacy for not only THC, but also for other cannabinoids." Continue Reading |