- MCTC Holdings Inc. (soon to become Cannabis Global Inc.) is working to develop cannabis alternatives to alcohol for relaxing beverages
- Canada’s national legalization of cannabis-infused food and beverage products is pioneering the transformation of the food-wellness industry, and a growing emphasis on funding research in the United States is encouraging advocates
- MCTC’s growing body of patents focus on the potential of its Hemp You Can Feel™ brand of minuscule cannabinoid extract particles
The sendoff for the old year and welcome of a new one have become annual rites of passage not only for revelers rededicating themselves to a sense of hope for better days, but also for emergency personnel anticipating the consequences of too much alcohol consumption on the nation’s roads as well as in people’s homes.
New Year’s Eve and New Year’s Day are peak times for people to enjoy an alcoholic beverage. In order to stem the potential destructive behaviors associated with drinking alcohol, law enforcement officers are called on to work overtime hours during the holiday to intercept drunken drivers (http://cnw.fm/Td3OO). Some states forgo the revenue promise of the busiest day of the year for alcohol sales and require liquor stores to close early on New Year’s Eve and / or remain closed New Year’s Day, prompting revelers to ‘stock up’ (http://cnw.fm/vEyI1). DUI lawyers brace themselves for middle-of-the-night phone calls (http://cnw.fm/G5pgn) and police worldwide expect an increase in reports of domestic violence (http://cnw.fm/jLqd9).
MCTC Holdings Inc. (OTC: MCTC) is a Delaware-registered company that reorganized its management last year to focus its budding cannabis industry strategy on the science of alcohol replacement, utilizing the promise of hemp cannabinoid-infused beverages to provide relaxation to consumers and dodge the most toxic consequences of beer and liquor consumption.
The company, which is in the process of rebranding itself as Cannabis Global, Inc., and moving its licensing to Nevada, is increasing its patent portfolio as laboratory results reveal the potential of its revolutionary Hemp You Can Feel™ brand technology. Recent testing indicated Hemp You Can Feel’s capacity for beverage infusion is greater than originally anticipated, mixing extremely small, potent cannabinoid particles in beverages to such a degree that all hemp extracts and major cannabinoids are undetectable post-infusion by high-performance liquid chromatography (HPLC).
“We believe the uses for this advanced infusion technology are many, especially as a replacement for alcohol in various beverages,” MCTC Holdings CEO Arman Tabatabaei stated in a December news release (http://cnw.fm/rPE6U).
Canada recently began rolling out cannabis-infused food and beverages as part of its ongoing national legalization efforts (http://cnw.fm/K6jHx), while the United States’ reticence for federal-level regulations has created problems for companies that have already begun pushing infused beverages in that segment of North America, regardless of whether the cannabinoids contain intoxicating tetrahydrocannabinol (THC) or non-intoxicating cannabidiol (CBD) (http://cnw.fm/Eb4fz).
Growing support for cannabis research in the United States (http://cnw.fm/3Efi5) is prompting hope among advocates that the Food and Drug Administration’s tardy drug substance approval process (http://cnw.fm/XsAo5) will yield to scientific results.
MCTC Holdings’ ongoing research is leading it toward product launches in the coming year and a licensing strategy that will allow other companies to build their own brands on a “white label” manufacturing base at MCTC’s Los Angeles facility.
The company filed for its fifth patent on December 12 and anticipates several more during the coming year.
“We have produced some spectacular results and test data on this new technology and we are in discussions with several companies that are planning product introductions based on Hemp You Can Feel technology,” Tabatabaei stated in a news release (http://cnw.fm/uKzD4).
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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