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Cannabis Global, Inc. (MCTC)

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Last Post: 8/25/2019 11:05:50 AM - Followers: 70 - Board type: Free - Posts Today: 1

Cannabis Global Inc. 


On 6/20/2019  MCTC filed an 8K and issued a press release announcing a change in control and business.   A new CEO and 2 new Directors have been appointed and the company name is to be changed to Cannabis Global, Inc. 

New management has extensive knowledge of the Cannabis Industry and have been involved with other tickers like NUGS,  MCOA and SGMD.  All of which had major runs.

Link to the 8K:   https://www.otcmarkets.com/filing/html?id=13499749&guid=ey4xUnnQ9HmFi3h
Link to the Press Release:  https://www.otcmarkets.com/stock/MCTC/news/story?e&id=1381683

About Cannabis Global Inc


Cannabis Global, Inc. is a global player in the fast growing and highly lucrative cannabis marketplace headquartered in bustling Downtown Los Angeles, California. The Company will be involved in both the industrial hemp markets, where permitted and legal under the 2018 Farm Bill, and the legal marijuana markets as permitted and licensed by way of various state and local laws and regulations.

Some of our projects involve: hemp cultivation of up to 100 acres, unique powdered cannabis drinks product line and intellectual properties including patents and trademarks.

Focused on Innovation.

Cannabis Global Inc. is focused on multiple growing verticals within the global cannabis & CBD industry. This is accomplished through partnerships, acquisitions, and intellectual property.

The reorganized operations will concentrate initially on three major growth areas of the cannabis marketplace: 1) California hemp cultivation, 2) Unique powdered cannabidiol (CBD) and Tetrahydrocannabinol (THC) centric cannabis beverages based on proprietary nano-emulsion technologies targeted at the mass consumer and California recreational markets, and 3) several unique cannabis centric intellectual property development and patents.

Management believes the Company holds a unique set of technologies, a vertically integrated supply chain, exceptional managerial skills, and established access to California cultivation, manufacturing and retail licenses that will allow it to move quickly into some of the fastest growing markets within the overall cannabis sector.

Hemp Cultivation - The Company is in the process of entering the hemp cultivation business via a cultivation operation in Riverside County, California. While hemp cultivation in states such as Colorado, Kentucky, and others, began in earnest last year, cultivation within California has lagged for various reasons, mainly permitting and licensing issues. Land preparation is already underway in conjunction with a landowner in possession of licenses and permits. Management believes there are several advantages of cultivating hemp at the chosen Southern California site, such as an extended growing season, optimal latitude location and most importantly, grandfather water rights with established high volume water wells. The Company plans to release additional information about the hemp cultivation operation over the coming weeks. CEO, Arman Tabatabaei, commented, "Not only have we secured prime land with an abundant of water rights, we have also secured a highly experienced cultivation team that is already on site. With what we think is optimal weather for hemp cultivation and seeds with top-notch genetics, we plan on achieving a result that most hemp cultivators in North America will have a difficult time accomplishing - year round cultivation of high CBD hemp strains."

Powdered CBD Centric Drinks - The Company plans to enter the market for powdered drink mixes that contain CBD and other non-psychoactive cannabinoids. The initial product launch will be for "White Label" products produced for established cannabis brands and retailers. The powdered drink lines will be based on proprietary nano-emulsion technologies that almost completely masks the taste of cannabis and provides higher bioavailability compared to other infusion methods. The Company is planning an initial product launch with six product SKUs. The Company owns all of the necessary equipment and raw materials to manufacture sufficient inventory for a sizeable launch.

Powdered THC Drink Mixes for the California Recreational Market - The Company is planning a new line of powdered THC containing drink mixes to be manufactured and distributed under California's strict cannabis licensing and tracking regulations and protocols. The Company plans to manufacture the unique line of nano-infused beverages utilizing license already held by the Company team members through strategic partnerships and to distribute initially to licensed California dispensaries associated with these team members. The product lines will consist of multiple flavor types, including coffee and tea lines. Mr. Tabatabaei continued, "The beverage industry is certainly about flavor and taste, but success is also significantly based on strong distribution. Within the California recreational cannabis marketplace there is another factor that must be considered - Licenses. We believe we not only have unique infusion technologies, but via our association with corporate directors Edward Manolos and Robert Hymers, we also have immediate access to California manufacturing and distribution licenses, and to an established set of licensed California dispensaries that are seeking innovative products. For these reasons, we believe we will be able to quickly enter this marketplace."

Unique Cannabis Centric Intellectual Property - Members of the Company have developed several unique technologies in the area of cannabinoid delivery systems. The Company plans to seek protection of these technologies and inventions via patent filings. The research and development efforts relative to these inventions have centered on methods to infuse cannabinoids into foods and beverages, and to use non-food infusion systems to deliver cannabinoids to the human body.

 About the New CEO,  Arman Tabatabaei

Mr. Tabatabaei is a founder and Chairman of Cannabis Global, Inc. With over 15 years of management and operations experience, he has earned a strong reputation for a numbers-based analytical approach to the management of organizations. An expert at data collection and analysis relative to resource management, risk forecasting and profit and loss management, he has made significant progress in revamping operations of several companies over the past fewyears.

Most recently, Mr. Tabatabaei has consulted with Cannabis Strategic Ventures (OTCQB:NUGS) on various growth initiatives relative to both cannabis cultivation and the organization of new hemp-related retail operations. At Sugarmade, Inc., (OTCQB:SGMD) he has been instrumental in revamping various operations relative to the Company’s hydroponic growth supplies initiatives.

Previously, he consulted with large corporations to create supply chain efficiencies using mathematical models and software such as JPM, SPSS and Minitab. Arman is also well versed in the retail industry after having started and successfully selling several retail establishments.

Mr. Tabatabaei possesses a Master of Business Administration degree from the University of Redlands, with additional post-graduate work in predictive analysis and a Bachelor of Science degree in health sciences, with an emphasis on mathematics and physics.

About the new Director, Robert Hymers

Mr. Robert L. Hymers is a founder and Director of Cannabis Global. Inc. He has significant experiences in the cannabis sector and as a financial executive and consultant. Mr. Hymers is the Managing Partner of Pinnacle Tax Services in Los Angeles and was previously Chief Financial Officer and Director of Marijuana Company of America, Inc. (OTC: MCOA). He currently serves as a member of the Strategic Advisory Board at MassRoots, Inc., as a consultant for Cannabis Strategic Ventures, Inc. (OTC: NUGS) and Sugarmade Inc. (OTC: SGMD), with significant experience in matters concerning tax accounting, auditing, SEC reporting, mergers and acquisitions, and corporate finance. Mr. Hymers holds a Master of Science in Taxation and a Bachelor’s of Science in Accountancy, in addition to a CPA license.

Robert also has specific tax audit experience by way of employment at Ernst & Young (EY) where he worked in the firm’s core assurance practice performing audits of publicly and privately held companies, specifically in the real estate industry. Mr. Hymers subsequently transferred to the EY’s tax practice, where he specialized in providing tax services to clients in the real estate industry. Mr. Hymers specializes in partnership taxation. In addition, He has a broad range of experience, including ASC 740 tax provision audits, FIN 48 compliance, REIT compliance, preparation of 1120, 1065, and 1120S returns, multi-state tax compliance and international tax consulting. He was also a member of EY’s National Tax Group (FSO) for several years, which services private equity firms, hedge funds and banks. Previously he was also the VP of Finance and Accounting of Everlert’s wholly owned subsidiary, Totalpost Services, Inc., located in Monrovia, California and was CFO of Global Hemp Group, Inc.



About the new Director, Edward Manolos


Mr. Edward Manolos a founder and Director at Cannabis Global, Inc. and is one of the most accomplished pioneers in California’s Medical Marijuana industry. In 2004, he opened the very first Medical Marijuana Dispensary in Los Angeles County under the name CMCA. He has managed and operated over thirty five dispensaries from Los Angeles to San Jose including twenty In Los Angeles Pre-ICO/Prop D. He is also credited with starting Los Angeles’ first Medical Marijuana farmers market referred to as “The California Heritage Farmer’s Market,” which attracted local and international media attention and was the first of its kind.

He is currently a member of the board of directors of Marijuana Company of America (OTCQB: MCOA). In 2016, Mr. Manolos was appointed to the advisory board of Marijuana Company of America and Cannabis Strategic Ventures (OTCQB: NUGS) and was tasked with identifying and structuring strategic partnerships and driving product development. Mr. Manolos is also the founder of many successful companies, such as Natural Plant Extracts of California (NPEC), located in Lynwood, CA and holds one of the first State of California issued volatile manufacturing licenses. NPEC has added distribution and delivery licenses and is locking in distribution contracts with some of the largest licensed cannabis brands in California. He is also affiliated with Everest Biosynthesis Group, a leading producer of pharmaceutical grade CBD.

He also co-founded Ocen Communications Inc. in 1997, which was previously traded on NASDAQ under the symbol OCEN, which was an Asia-focused internet communications service provider transmitting voice, fax, and data communications for consumers, carriers and corporations. His diverse entrepreneurial focus led him to later launch the KIWIBERRI Frozen yogurt franchise in 2005.

Mr. Manolos has also provided consulting services to numerous other companies relative to the obtainment of California and Washington marijuana retail and production licenses. Mr Manolos graduated from the University of California, Riverside with a Bachelor of Science degree in Computer Science and Business Administration.

Website:   http://cannabisglobalinc.com/

Share Structure as of 06/28/2019:
Authorized Shares: 290,000,000
Outstanding Shares: 183,864,600
Restricted Shares: 166,759,600
Float: 17,115,000


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MCTC News: Information Statement - All Other (definitive) (def 14c) 08/16/2019 06:07:30 AM
MCTC News: Proxy Statement - Other Information (preliminary) (pre 14c) 07/26/2019 04:52:52 PM
MCTC News: Amended Current Report Filing (8-k/a) 07/25/2019 04:19:25 PM
MCTC News: Current Report Filing (8-k) 07/09/2019 06:05:19 AM
MCTC News: Small Company Offering and Sale of Securities Without Registration (d) 07/08/2019 12:24:05 PM
#1963  Sticky Note Great news for the insiders, does nothing for HokieHead 07/18/19 08:52:51 AM
#1961  Sticky Note MCTC Holdings (Cannabis Global Inc) Adds Justin Costello davidsson10 07/18/19 07:46:31 AM
#1038  Sticky Note MCTC Huge MERGER 8k and PR. Same OnceBrokeMama 06/20/19 01:03:53 PM
#989  Sticky Note Huge merger with Cannabis Global Inc. Same management trader_ron 06/20/19 10:31:45 AM
#2093   Since insiders decided to mislead the stock promoters cntryjo 08/25/19 11:05:50 AM
#2092   It's been awhile since they said they were ezf1922 08/24/19 02:31:59 PM
#2091   No one is picking on cntyjo. He is Moving On 08/21/19 04:53:29 PM
#2090   Agreed, you've made me laugh many times hahaha ezf1922 08/21/19 02:14:32 PM
#2089   No one is trying to “pump” this stock RIPmydeposit 08/21/19 02:11:48 PM
#2087   LOL! Good luck investing buddy. You’re an OTC RIPmydeposit 08/21/19 02:05:35 PM
#2086   Whatever... None of the people on here ezf1922 08/21/19 02:03:58 PM
#2085   Exactly, see post #2035. Again, if you had RIPmydeposit 08/21/19 02:02:47 PM
#2084   Hahahahahhahahaha and MCTC is what you came across ezf1922 08/21/19 01:59:36 PM
#2083   My alias was set up in July because RIPmydeposit 08/21/19 01:57:31 PM
#2081   It’s apparent that you have no understanding of RIPmydeposit 08/21/19 01:52:52 PM
#2080   Are you serious? Hahahahaha of course I ezf1922 08/21/19 01:50:07 PM
#2079   How can a shell company sell shares? The RIPmydeposit 08/21/19 01:42:25 PM
#2078   Oh please, it went to $.19 on nothing... ezf1922 08/21/19 01:32:25 PM
#2077   Good to know that you have a crystal ball RIPmydeposit 08/21/19 01:29:26 PM
#2076   I don't know you you guys are ezf1922 08/21/19 01:27:53 PM
#2075   All of the managements shares are restricted. You RIPmydeposit 08/21/19 12:05:24 PM
#2074   I would take the $.0325 and Move On Moving On 08/21/19 11:38:08 AM
#2073   Glamorous scam burning it up today LOL 100 shares. cntryjo 08/21/19 11:17:56 AM
#2072   How do you propose they raise money to Moving On 08/20/19 05:43:01 PM
#2071   How many shares do you own? RIPmydeposit 08/20/19 04:22:27 PM
#2070   You can’t argue with this guy. He’s completely clueless RIPmydeposit 08/20/19 04:21:49 PM
#2069   I explained the math in my post. I cntryjo 08/20/19 03:50:20 PM
#2068   How did management steal shares? They each bought Moving On 08/20/19 02:44:25 PM
#2067   I can see both sides of the argument, ezf1922 08/20/19 12:17:24 PM
#2066   Why would this make shareholders happy....... cntryjo 08/20/19 09:32:38 AM
#2065   I have been here for two years. I Moving On 08/19/19 05:22:33 PM
#2064   Here we go with the name calling and cntryjo 08/19/19 01:25:39 PM
#2062   Had this garbage gone to a buck or cntryjo 08/19/19 10:18:24 AM
#2061   Why don’t you just sell your position? You RIPmydeposit 08/19/19 09:29:59 AM
#2060   Adding more this week, looking pretty solid to trader_ron 08/19/19 09:16:57 AM
#2059   Again, why do they need to RS when benosufan 08/18/19 07:22:54 PM
#2058   Starting out by scamming your investors isn't going cntryjo 08/18/19 05:40:21 PM
#2057   Let's say they need $10 Million to do Moving On 08/17/19 09:58:07 PM
#2056   The whole thing is a joke!!! ezf1922 08/17/19 09:10:22 AM
#2055   So you think lowering the float to 1.13 benosufan 08/17/19 07:38:14 AM
#2054   Where would they get operating capital if they Moving On 08/16/19 06:04:48 PM
#2053   This has turned into entertainment...LOL. MCTC...R/Sing with benosufan 08/16/19 10:53:10 AM
#2052   Please read the filing. They are raising FightingBack 08/16/19 10:00:43 AM
#2051   From this mornings 14 file. Yes they are cntryjo 08/16/19 09:57:08 AM
#2050   15:1 is not a big deal. And, they Badgerland 08/16/19 09:50:53 AM
#2049   And it’s not even that. RS is FightingBack 08/16/19 09:30:15 AM
#2048   Sadly management has created a situation whereas there cntryjo 08/16/19 09:28:24 AM
#2047   Sadly anyone can question anything and post it Moving On 08/15/19 10:36:18 PM
#2046   It's a dead stock... if I had wanted ezf1922 08/15/19 02:18:00 AM
#2045   So am I to believe everything posted on cntryjo 08/14/19 07:21:25 PM
#2044   If you thought the article was well documented RIPmydeposit 08/14/19 02:47:14 PM
#2043   Read the whole article it's for his own CREATIONS 08/14/19 10:45:05 AM
#2042   Lol so your saying your believing the person's CREATIONS 08/14/19 10:38:08 AM
#2041   After deleting unwanted posts, doing a pump n cntryjo 08/14/19 10:21:39 AM