NetworkNewsBreaks – Cannabis Global Inc. (CBGL)
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Posted On: 11/18/2020 3:01:24 PM
NetworkNewsBreaks – Cannabis Global Inc. (CBGL) Announces Strategic Acquisition of Ethos Technology
Cannabis Global (OTC: CBGL), a cannabinoid and hemp extract science-forward company developing infusion and delivery technologies and investing in fast-growing cannabis markets, today announced its acquisition of Ethos Technology LLC. Ethos Technology is a Los Angeles-based startup specializing in ultra-secure cannabis transport containers for the commercial cultivation, processing and distribution sectors. Cannabis Global intends to leverage this technology to market a line of secure transport products under the brand name Comply Bag. “Having opened the first medical marijuana dispensary in Los Angeles back in 2004, my organization has struggled with securely transporting cannabis. That’s why we invented this unique transport technology,” said Edward Manolos, founder of Ethos Technology and a director of Cannabis Global. “I firmly believe it is a product this booming industry needs and that it is specifically tailored to be compliant with the regulatory framework in California and across the entire United States. We look forward to introducing this proprietary cannabis transport system to current operators and especially to new market entrants in other states as the nationwide market opens up to regulated sales. My goal is to use our experiences, and this new technology, to revolutionize cannabis transport across America.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Cannabis Global (OTC: CBGL), a cannabinoid and hemp extract science-forward company developing infusion and delivery technologies and investing in fast-growing cannabis markets, today announced its acquisition of Ethos Technology LLC. Ethos Technology is a Los Angeles-based startup specializing in ultra-secure cannabis transport containers for the commercial cultivation, processing and distribution sectors. Cannabis Global intends to leverage this technology to market a line of secure transport products under the brand name Comply Bag. “Having opened the first medical marijuana dispensary in Los Angeles back in 2004, my organization has struggled with securely transporting cannabis. That’s why we invented this unique transport technology,” said Edward Manolos, founder of Ethos Technology and a director of Cannabis Global. “I firmly believe it is a product this booming industry needs and that it is specifically tailored to be compliant with the regulatory framework in California and across the entire United States. We look forward to introducing this proprietary cannabis transport system to current operators and especially to new market entrants in other states as the nationwide market opens up to regulated sales. My goal is to use our experiences, and this new technology, to revolutionize cannabis transport across America.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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