Cannabis Global Inc (CBGL)

[Moving On]

The moved the company to Delaware. "On or about June 21, 2018, the Company reincorporated in Delaware under a Certificate of Conversion for the purpose of changing domiciles from Nevada to Delaware. Thereafter on or about July 12, 2018, the Company formed two entities for the purpose of reorganizing into a holding company structure. The Company then entered into a merger on or about July 13, 2018, to effect the reorganization whereby the Company merged into MicroChannel Corp., with MicroChannel Corp. as the survivor to the merger, succeeding to all of the Company’s assets and liabilities. Also party to the merger, indirectly, was MCTC Holdings, Inc., MicroChannel Corp.’s parent and the successor publicly traded issuer by virtue of the Company’s merger into MCTC Holdings, Inc.’s wholly owned subsidiary, MicroChannel Corp. Under the terms of the Agreement and Plan of Merger, the shareholders of the Company became the shareholders of MCTC Holdings, Inc.."