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Cannabis Global and Marijuana Company of America Announce Intention to Form Joint Venture to Open Cannabis Extraction Lab


Cannabis Global and Marijuana Company of America Announce Intention to Form Joint Venture to Open Cannabis Extraction Lab
ACCESSWIRE
04 May 2021, 22:05 GMT+10
LOS ANGELES, CA / ACCESSWIRE / May 4, 2021 / Cannabis Global, Inc. (OTC PINK:CBGL) and Marijuana Company of America (OTC PINK:MCOA) today revealed plans to create, finance and operate a new cannabis laboratory in Lynwood, CA. The laboratory will be operated by Cannabis Global s subsidiary, Natural Plant Extract of California ( NPE ), under its Type 7 cannabis manufacturing permit.
Under the terms outlined in the recently signed letter of intent, MCOA will commit $250,000 to the project of which $135,000 will be utilized to purchase extraction and other production equipment. NPE will manage the laboratory and manufacturing operations with both MCOA and CBGL personnel providing consulting and business management services. The laboratory will concentrate on volatile extraction of cannabis concentrates for sale i ....

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Increasing Acceptance of Refined CBD Products Fueling Accelerated Growth for Cannabis Stocks


Increasing Acceptance of Refined CBD Products Fueling Accelerated Growth for Cannabis Stocks
- Financialnewsmedia.com News Commentary
PALM BEACH, Fla., March 9, 2021 /PRNewswire/ Out of all cannabinoids, cannabidiol is most widely used for therapeutic reasons due to the lack of psychoactive effects. In many medical applications, cannabidiol oil (CBD) is used, such as anxiety and depression treatment, stress relief, diabetes prevention, pain relief, cancer symptom relief, and inflammation. Due to its healing properties, the demand for cannabidiol for health and wellness purposes is high, which is the major factor driving the market growth. In addition, the rising acceptance and use of products due to government approvals is a major factor expected to boost production for CBD-infused products. Due to the increasing adoption of CBD-based products to treat ailments, the global cannabidiol market is anticipated to grow at a lucrative rate over the forecast period. A recent re ....

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Cannabis Global, Inc.: Cannabis Global: Aligning its Strategies for the Coming National Cannabis Market


Cannabis Global, Inc.: Cannabis Global: Aligning its Strategies for the Coming National Cannabis Market
LOS ANGELES, CA / ACCESSWIRE / February 11, 2021 / Cannabis Global, Inc. (OTC PINK:CBGL), an innovation-oriented company growing operations in disruptive areas of the cannabis and hemp-related industries, today outlines its business opportunities in both the regional California and national cannabis marketplaces.
Our corporate strategy is to address both the national and regional cannabis marketplaces, commented Arman Tabatabaei, Chief Executive Officer. While we are headquartered in Los Angeles, California, which is the largest U.S. cannabis marketplace, we are clearly targeting what we believe will be an expanding national interstate market. Thus, our corporate strategy is to develop products and services for both markets, while strategically investing to support our operational plans. ....

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