MCTC Announces Product
Breakthrough - Hemp You Can Feel™ Infusion Technology as
Replacement for Alcohol in Beverages
LOS ANGELES, CA -- November
25, 2019 -- InvestorsHub NewsWire -- MCTC Holdings, Inc.
(OTC:
MCTC), a science forward intellectual property
focused
company developing unique hemp infusion technologies, today
announces a new class of hemp infusion technology
designed to replace alcohol in many beverages. The infusion will be
marketed under the Company's Hemp You Can
Feel™ brand
name and adds to MCTC's growing portfolio of intellectual property,
which currently includes four patent pending technologies. As the
Company has stated previously, multiple additional patent filings
are expected.
"The formulations
and delivery vehicles our
researchers
have developed are
nothing short of spectacular," commented Chief Executive
Officer, Arman Tabatabaei. "While the technology is based on hemp
extracts, levels are many magnitudes lower than are typically seen
in the marketplace. In fact, certified laboratory testing utilizing
High Performance Liquid Chromatography (HPLC) certified
undetectable levels of hemp extracts and cannabinoids. Simply put,
we believe this is a revolutionary technology for the marketplace
and a legitimate replacement for alcohol in many
beverages."
Hemp You Can
Feel™, which
can be used as the basis for a host of beverage and food
formulations
provides unparalleled relaxation, while allowing the consumer to
avoid the negative health effects of alcohol consumption.
The Company is
especially
proud of the expected
label, which is ultra-clean, non-GMO and 100% natural.
Manufacturing
occurs at room temperature to ensure all the natural enzymes
present in the organic portions
of the
ingredients are preserved. MCTC
believes
Hemp You Can Feel™
creates an entirely
new category of infusion technology for foods and beverages based
on natural ingredients.
Hemp You Can
Feel™ utilizes
no
chemical surfactants or stabilizers and requires no high shear
processing, sonication, spray drying or other harsh extract
manipulations, all of which are common legacy processing
technologies.
Additionally, the technology contains no artificial colors, dyes,
or preservatives and most importantly, there is no
detectable
hemp
taste. The Company is currently capable of
producing Hemp You Can
Feel™ at
high volume in powerized form. A liquid concentrate has also
been developed, which is pending final laboratory and formulation
testing.
MCTC plans to use this technology as the basis for products it
plans to introduce over the coming months. Additionally, the
Company plans to license the technology and
"white label" produce products at
its
Los Angeles production facility, as appropriate.
Mr. Tabatabaei continued, "One of the biggest technological
challenges was stabilizing the formulation into a substrate. We
were fortunate that our researchers were able to work with a major
food ingredient manufacturer that provided the exact expertise
and associated
non-GMO technologies
allowing us to complete the last piece of the research
puzzle. This development was most certainly an interdisciplinary
success based on extensive collaboration between our
researchers
and others in the food sciences industry."
The Company and its
research partner have
recently filed four patents on hemp extract technologies and
delivery systems. MCTC is currently working with patent
counsel
to protect various aspects of this new technology.
Additionally, as previously announced, the Company plans to
continue other areas of hemp extract delivery systems research
including its programs pertaining to polymeric nanoparticles and
nanofibers and plans
additional patent filings relative to expected developments.
The technologies being announced today are non-nanoparticle
based.
About MCTC Holdings, Inc.
MCTC Holdings, Inc. (OTC:MCTC)
is a Delaware registered, fully reporting and audited
publicly-traded company. With the hemp industry
moving very quickly and with a growing number of market entrants,
MCTC plans to concentrate its efforts on the middle portions of the
hemp
value chain. The Company plans to actively pursue R&D
programs and productization for exotic extract
isolation, bioenhancement of hemp
extracts
and polymeric solid nanoparticles and nanofibers for addition into
consumer products and for dermal application. The Company was
reorganized during June of 2019 and announced its intent to enter
the fast-growing hemp
sector. The Company is headed and managed by a group of highly
experienced hemp and cannabis industry pioneers and
entrepreneurs.
More information on the Company can be viewed at www.CannabisGlobalinc.com.
For more information, please contact:
Arman Tabatabaei
IR@cannabisglobalinc.com
Forward-looking Statements
This news release contains "forward-looking statements" which are
not purely historical and may include any statements regarding
beliefs, plans, expectations or intentions regarding the future.
Such forward-looking statements include, among other things, the
development, costs and results of new business opportunities and
words such as "anticipate", "seek", intend", "believe", "estimate",
"expect", "project", "plan", or similar phrases may be deemed
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. Actual results could
differ from those projected in any forward-looking statements due
to numerous factors. Such factors include, among others, the
inherent uncertainties associated with new projects, the future
U.S. and global economies, the impact of competition, and the
Company's reliance on existing regulations regarding the use and
development of cannabis-based products. These forward-looking
statements are made as of the date of this news release, and we
assume no obligation to update the forward-looking statements, or
to update the reasons why actual results could differ from those
projected in the forward-looking statements. Although we believe
that any beliefs, plans, expectations and intentions contained in
this press release are reasonable, there can be no assurance that
any such beliefs, plans, expectations or intentions will prove to
be accurate. Investors should consult all of the information set
forth herein and should also refer to the risk factors disclosure
outlined in our annual report on Form 10-k, our quarterly reports
on Form 10-Q and other periodic reports filed from time-to-time
with the Securities and Exchange Commission. For more information,
please visit www.sec.gov.
SOURCE: MCTC Holdings, Inc