$CBGL a cannabinoid and hemp extract science-forward company developing unique infusion technologies and products, today announces the filing of a new patent application resulting from its Project Varin research program. The application addresses new methods for the creation of highly bioavailable and ultra-fast acting cannabinoids for use in beverages, food, topical, and other applications. The non-provisional application expands on the developments and technologies outlined in the provisional applications that were filed on November 4, 2019.

The Company believes this technology is revolutionary, holding the potential to rewrite the efficacy and cost equations in the cannabis industry. Additionally, the technology will allow for significantly faster onset of active cannabinoids ingredients, which are expected to be experienced in minutes, versus oftentimes in hours for current generations of cannabinoid infusion technologies.

"We believe what we have created is highly significant to the cannabis industry, especially as nationwide cannabis legalization looms on the horizon," commented Arman Tabatabaei, CEO of Cannabis Global. "This new cannabinoid delivery system is designed to allow beverage, food, and cosmetic product formulators to use significantly less cannabinoids in products while achieving similar or meaningfully greater efficacy. Our patent filing covers not only the new processes developed to create the new forms of cannabinoids but also the nanoparticles and nanofibers using the outlined processes and ingredients. We are especially proud of the fact we have been able to use food-grade ingredients in many of the formulations allowing consumer product companies to produce the clean labels consumers are increasingly desiring."