Cannabis Global Signs
with Baja United
for Nationwide Distribution
LOS
ANGELES, CA -- September 24, 2020 -- InvestorsHub NewsWire --
Cannabis Global, Inc. (OTC:
CBGL) ("Cannabis Global" or the "Company"), a cannabinoid and
hemp extract science-forward company developing infusion and
delivery technologies, is pleased
to announce that the
Company has
entered
into
a three-year
distribution
agreement with Baja United Group ("Baja
United") for
nationwide distribution of Hemp You Can Feel™ branded
products, including
the Company's new Hemp You
Can Feel™ hemp-based alcohol substitute cocktail
mixers.
Under the
terms of the agreement, Baja United will stock and distribute the
Company's products and represent the brand to retailers,
wholesalers, entertainment venues, and online portals.
"Baja
United was a natural choice for us," commented Arman Tabatabaei,
CEO of Cannabis Global. "They
have done considerable testing on our Hemp You Can Feel™ products
and share our enthusiasm
that our new hemp-based alcohol substitute mixers
hold
the
potential to create a new category within the beverage
sector."
While Baja
United will focus primarily on beverages, it will hold rights to
distribute all of the Company's
products
during the three-year
term of the
contract. The Company has also agreed to provide samples to
Baja United for initial distribution to its wholesaler and retailer
customers.
Jim Riley,
founder of Baja United,
commented, "We are very impressed with the Hemp You Can Feel™
alcohol substitute technology
and see it as a unique and highly marketable beverage and food
technology. At Baja United, we believe there is a vacuum in
the marketplace for great tasting and all-natural
labeled alternatives to alcohol-based beverages.
And
we welcome
Hemp You Can Feel™ branded
products to the Baja
United Family."
Mr.
Riley previously
held the position of CEO
at
Intersect
Beverage,
where
he led all
distillery operations, distribution partnerships, public relations,
sponsorships, and marketing programs. Prior to
that, he spent eight years at Ketel One
Vodka as Vice President of Public Relations and
Events, where he
built a strong network through close work with top regional
managers and directors.
About Cannabis
Global, Inc.
Cannabis
Global, Inc., formerly known as MCTC Holdings, Inc., is a fully
audited and reporting Company with the U.S. Securities &
Exchange Commission, trading with the stock symbol
CBGL. The Company is an emerging force in cannabinoid sciences
and highly bioavailable hemp and cannabis infusion
technologies. The Company has an actively growing portfolio
of cannabis investments and intellectual property, having filed six
provisional patents relative to the areas of cannabinoid delivery
systems and cannabinoid polymeric nanoparticles. The Company
markets its consumer products under the Hemp You Can Feel™ brand
name. Cannabis Global launched its Project Varin early in 2020, to
develop new delivery methods for rare cannabinoid
Tetrahydrocannabivarin (THV-C) and develop products based on this
and other rare cannabinoids.
About Baja
United Group
Baja United
Imports is a trusted resource for the purchase of high-quality
wines from the Valle de Guadalupe region of Mexico under the brand:
Baja United Select Family of Wines. We offer an assortment of wine
varietals and handcrafted Baja beers that target 21- to 35-year-old
millennial demographic. Baja United sells the select wines to
distributors for both on-premise and off-premise retail
distribution, direct to consumer (DTC) online sales and personal
sales operations nationwide. Baja United continues to seek
alternative products for the expansion of its portfolio. Baja
United recently launched its own brand of Craft Beer named, Baja
Unidos Cerveza. Due to the changing environment of customer
behaviors', Baja United is currently seeking items to distribute
that can target DTC online sales.
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.
For more
information, please contact:
Arman
Tabatabaei
IR@cannabisglobalinc.com
+1-(310)-986-4929
Public
Relations:
Tiger
Global Marketing & Branding Agency
info@TigerGMP.com
www.TigerGMP.com
Related
Links
https://hempyoucanfeel.com
SOURCE
Cannabis Global, Inc.
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