MCTC Holdings (OTC: MCTC), a science-forward, intellectual-property-focused company developing unique hemp-infusion technologies, this morning reported alcohol replacement technology test results for its Hemp You Can Feel(TM) technology, a groundbreaking hemp-based infusion intended as a replacement for alcohol in many beverages. MCTC announced separate test results on three new infusions, the Hemp You Can Feel(TM) technology in powder form, in a liquid concentrate form and in a premixed nonalcoholic cocktail formulation. In industry standard high-performance liquid chromatography (“HPLC”)-based potency testing conducted by licensed independent laboratories, hemp extract and cannabinoid levels were undetectable for all three preparations. Additional analysis intended to reveal other similar compounds showed zero presence as well. The company intends to use this technology as the basis for upcoming products and plans to license the technology and “white label” manufacture products in its licensed Los Angeles facility, as appropriate. “Our next step is to create microparticles and nanoparticles of Hemp You Can Feel(TM) 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,” MCTC Holdings CEO Arman Tabatabaei stated in the news release.
To view the full press release, visit http://cnw.fm/Na5Z4
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. For more information, visit the company’s website at www.CannabisGlobalinc.com.
NOTE TO INVESTORS: The latest news and updates relating to MCTC are available in the company’s newsroom at http://cnw.fm/MCTC
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