$CBGL believes that these debt restructurings an
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Posted On: 05/01/2023 7:39:22 AM
$CBGL believes that these debt restructurings and settlements will go a long way to demonstrate to its investors and potential financiers, Cannabis Global’s potential in the California cannabis sector and provide a better position for what the Company’s executives believe, will soon be a true nationwide market for our products and services. These debt reductions will also help reduce future market dilution and help support a healthier market cap and enterprise value.
The Company indicates it has entered into additional debt settlement negotiations aimed at further reducing the Company’s debt burden, which it anticipates will be completed over the next fiscal quarter.
About Cannabis Global, Inc.
Cannabis Global, Inc. is a Los Angeles-based, fully audited and reporting Company with the U.S. Securities & Exchange Commission, trading under the stock symbol CBGL. We are an emerging force in the cannabis marketplace with a growing product and proprietary intellectual property portfolio. We are marketing and producing Comply Bag™, an innovative solution for cannabis storage, transport and tracking. Our subsidiary, Natural Plant Extract (NPE), is a Southern California licensed cannabis manufacturer and distributor which licenses our technologies to produce edibles for the cannabis marketplace. Cannabis Global has filed three non-provisional and multiple provisional patents for cannabis infusion and nanoparticle technologies and continues an active research & development program.
The Company indicates it has entered into additional debt settlement negotiations aimed at further reducing the Company’s debt burden, which it anticipates will be completed over the next fiscal quarter.
About Cannabis Global, Inc.
Cannabis Global, Inc. is a Los Angeles-based, fully audited and reporting Company with the U.S. Securities & Exchange Commission, trading under the stock symbol CBGL. We are an emerging force in the cannabis marketplace with a growing product and proprietary intellectual property portfolio. We are marketing and producing Comply Bag™, an innovative solution for cannabis storage, transport and tracking. Our subsidiary, Natural Plant Extract (NPE), is a Southern California licensed cannabis manufacturer and distributor which licenses our technologies to produce edibles for the cannabis marketplace. Cannabis Global has filed three non-provisional and multiple provisional patents for cannabis infusion and nanoparticle technologies and continues an active research & development program.
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