$MCTC NEWS>>>MCTC Announces Hemp Extract-Based Alcohol

New Post Public Reply Private Reply Replies (0) Message Board
pennyMoMo
228
$MCTC NEWS>>>MCTC Announces Hemp Extract-Based Alcohol Replacement Technology Test Results: Cannabinoid Levels Undetectable

December 10, 2019 07:30 ET | Source: MCTC Holdings Inc. (d/b/a Cannabis Global)

LOS ANGELES, Dec. 10, 2019 (GLOBE NEWSWIRE) -- via NetworkWire / MCTC Holdings, Inc. (OTC: MCTC), a science-forward cannabinoid delivery company, today provides information concerning new test results for its Hemp You Can Feel™ technology, a revolutionary hemp-based infusion designed as a replacement for alcohol in many beverages.

“Our new test results for our Hemp You Can Feel™ infusion technology are very impressive, exceeding even our optimistic expectations,” commented CEO Arman Tabatabaei. “While Hemp You Can Feel™ is based on hemp extracts, certified independent laboratory testing utilizing high-performance liquid chromatography (HPLC) indicated undetectable levels of all hemp extracts and major cannabinoids and an absence of other compounds. We believe the uses for this advanced infusion technology are many, especially as a replacement for alcohol in various beverages.”

The Company recently introduced Hemp You Can Feel™, an infusion technology that provides unparalleled relaxation while allowing the consumer to avoid the negative health effects of alcohol consumption. The technology is based on a manufacturing process that is all natural and relies on no chemical surfactants, stabilizers or additives in order to produce an infusion technology with virtually no detectable taste and excellent food and beverage integration characteristics.

The Company is today announcing separate test results on three new infusions, including the Hemp You Can Feel™ technology in powder form, in a liquid concentrate form and in a premixed nonalcoholic cocktail formulation. In industry standard HPLC-based potency testing conducted by licensed independent laboratories, hemp extract and cannabinoid levels were undetectable for all three preparations. More extensive analysis designed to indicate other similar compounds showed zero presence.

MCTC plans to use this technology as the basis for products it plans to introduce over the coming months. Additionally, the Company plans to license the technology and “white label” manufacture products in its licensed Los Angeles facility, as appropriate.

While additional testing will be required, the Company also believes this unique infusion technology could prove useful as an ultra-low-level cannabidiol (CBD) delivery system for foods and beverages.

Mr. Tabatabaei continued, “Our next step is to create microparticles and nanoparticles of Hemp You Can Feel™ utilizing our patent-pending particle creation process. We think these new microparticle and nanoparticle technologies could prove very useful for advanced food and beverage infusion. We believe this additional area of research is especially topical considering the recent warnings put forth by the U.S. Food and Drug Administration concerning the use of CBD in foods and beverages.”

The Company has recently filed four patents on hemp extract technologies and delivery systems. MCTC is currently working with its patent counsel to protect various aspects of this new technology. Additionally, as previously announced, the Company plans to continue in other areas of delivery systems research, including its programs pertaining to polymeric nanoparticles and nanofibers. The version of Hemp You Can Feel™ being discussed in this release is non-nanoparticle based.

About MCTC Holdings, Inc.

MCTC Holdings, Inc. (d/b/a: Cannabis Global) is a Delaware registered, fully reporting and audited publicly traded company. With the hemp and cannabis industries moving very quickly and with a growing number of market entrants, MCTC plans to concentrate its efforts on the middle portions of the hemp and cannabis value chain. The Company plans to actively pursue R&D programs and productization for exotic cannabinoid isolation, bioenhancement of cannabinoids and polymeric solid nanoparticles and nanofibers for addition into consumer products and for dermal application. The Company was reorganized during June of 2019 and announced its intent to enter the fast-growing cannabis sector and its intent to change its corporate identity to Cannabis Global, Inc. The Company is headed and managed by a group of highly experienced cannabis industry pioneers and entrepreneurs.

More information on the Company can be viewed at www.CannabisGlobalinc.com.

For more information, please contact:

Arman Tabatabaei
IR@cannabisglobalinc.com
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Top 5 Most Recently Viewed Articles

Fidelity National Financial Partners with CLEAR for Fraud Prevention

Updated Category News Views 392

Fidelity National Financial Teams Up with CLEAR Fidelity National Financial, Inc. (NYSE: FNF), a frontrunner in the realm of title insurance and transaction services, is taking commendable steps to combat real estate fraud through a new partnership with CLEAR Secure, Inc. This innovative partnership aims to enhance consumer safety in real estate transactions leveraging...

Continue Reading
Antelope Enterprise's Energy Supply Project Achieves Milestone

Updated Category News Views 54

Antelope Enterprise Achieves Success with Energy Production Antelope Enterprise Holdings Limited (NASDAQ: AEHL) has exciting news regarding its ongoing energy initiatives. This innovative company, primarily recognized for its operations in energy infrastructure and livestreaming e-commerce in China, recently announced that the initial phase of its energy supply project in...

Continue Reading
Provision IAM Welcomes Brian Claridge as New CTO to Drive Growth

Updated Category News Views 137

Provision IAM Expands Leadership with New CTO Appointment In a strategic move to bolster its technology capabilities, Provision IAM recently announced the addition of Brian Claridge as their new Chief Technology Officer. This appointment reflects the company’s commitment to driving growth and innovation in the Identity Security sector for community banks and credit...

Continue Reading
Awareness Campaign For Firearm Safety During September

Updated Category News Views 148

Understanding Gun Storage Check Week During September, a vital campaign known as Gun Storage Check Week takes place to promote secure firearm storage. This initiative is crucial as it provides an opportunity for firearm owners to reassess their storage practices and prioritize safety. By enhancing awareness, we foster an environment where discussions about firearm safety...

Continue Reading
DouYu International Shows Positive Financial Trends in Q1 2025

Updated Category News Views 538

DouYu International's Q1 2025 Financial Overview DouYu International Holdings Limited (NASDAQ: DOYU), a prominent player in the game-centric live streaming landscape, recently issued its financial updates for the first quarter of 2025. The company has demonstrated a focused approach towards revenue diversification and enhancing operational efficiency in a competitive...

Continue Reading