Cannabis Global, Marijuana Company of America and Natural Plant Extract Form Research Partnership for New THC Nano Technologies
CALIFORNIA: Cannabis Global, Inc., a cannabinoid and hemp extract science-forward company developing infusion and delivery technologies and investing in fast-growing cannabis markets, today announced the inclusion of Marijuana Company of America Inc., as a research partner in its Project Varin research and development program. The two companies plan to collaborate on the development of new food and beverage products in conjunction with Natural Plant Extract of California, Inc., which operates a licensed cannabis manufacturing business operation out of Lynwood, California. Cannabis Global and Marijuana Company of America have both have equity stakes in NPE.
Cannabis Global and Marijuana Company of America will collaborate to develop new protocols and techniques for food and beverage cannabinoid infusion based on the experienced gained under the Project Varin program.
Arman Tabatabaei, commented, “Marijuana Company of America and Cannabis Global are both equity holders in NPE, which holds both manufacturing and distribution licenses within the State of California, so this collaboration between the three companies is a natural fit. Upon the filing of our next patent in this area, we plan to jointly work within the California regulatory framework to create a new method to infuse food and beverages with THC. The technology holds the promise to rewrite the industry dynamic relative to both cost of infusion and overall efficacy for not only THC, but also for other cannabinoids.”
The recent successes of Cannabis Global’s Project Varin includes the creation of highly loaded cannabinoid nano units made from all-natural ingredients. Whereas the current state of the art for cannabinoid nano infusion of foods and beverages relies on chemicals to maintain stability, Project Varin technologies use no such chemicals. This will allow product formulators to create foods and beverages with clean labels and do so without the introduction of bitter tastes. Additionally, with the extreme bioavailability expected, manufacturers can use less active ingredients to reduce costs or include the full amount of active ingredient to provide a superior effect of the chosen cannabinoid.
“Our hempSMART product line places strong emphasis on purity and natural ingredients, so the Project Varin technology suite is of great interest to Marijuana Company of America,” commented Jesus M. Quintero, CEO. “With both Cannabis Global and our Company being equity holders in NPE, and each holding equity in the other via our recently announced stock swap, the three-way collaboration makes tremendous sense and has the opportunity to yield extraordinary results. We welcome our expansion of the relationship with Cannabis Global.”