$CBGL The technologies developed by the Company are part of Project Varin, which was launched last year to develop innovative delivery technologies for rare cannabinoids, such as cannabinol (CBN) and tetrahydrocannabivarin (THC-V). The Company's researches quickly learned the technologies developed to reduce the costs of these exotic cannabinoids, which are often in excess of $50,000 per kilo, applied to the more widely used cannabinoids cannabidiol (CBD) and tetrahydrocannabinol (THC). The Company is now targeting in excess of a fivefold increase in THC psychoactive effect when the Project Varin technology is utilized. It is believed this will allow product formulators to significantly reduce costs and/or to produce products with significantly improved psychoactive effect utilizing similar dosage levels.

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