(2) LOS ANGELES, CA / ACCESSWIRE / January 14, 2021 / Cannabis Global, Inc. (OTC PINK:CBGL), an innovation-oriented company investing in disruptive cannabis and hemp-related technologies, today announces its financial results for the quarterly period ending November 30, 2020, which was recently reported on Form 10-Q with the Securities & Exchange Commission. Long-term assets increased to over $2.5 million during the quarterly period due to the Company taking stakes in cannabis operations with national and international business opportunities. Total assets, as of the end of the reporting period, increased by 38% compared to the previous fiscal year end period ending August 31, 2020. Essential to the asset value increases were the investments in Natural Plant Extracts, which operates a licensed cannabis manufacturing and distribution business in the Los Angeles area, in which the Company now owns an approximate 18.8% common share position and in Marijuana Company of America (OTC:MCOA) where Cannabis Global now owns 650 million common shares. During the quarter, the Company also acquired Ethos Technologies, Inc., a start-up specializing in ultra-secure cannabis transport bags for the compliant commercial cultivation, processing, and distribution markets.