MCTC Holdings (OTC: MCTC), a cannabinoid science forward company developing unique infusion technologies and cannabinoid delivery systems, today announced Project Varin, a program to develop new delivery systems for Tetrahydrocannabivarin (“THC-V”). According to the update, THC-V is becoming known within the cannabinoid sciences arena as the “Skinny Cannabinoid” due to its purported appetite suppression qualities and potential use as a treatment against obesity-associated glucose intolerance. “THC-V is so rare and difficult to obtain, it is currently valued at around $500,000 per kilogram, which is approximately ten times the price of gold. In order for the marketplace to utilize this potentially beneficial exotic cannabinoid, new delivery systems will need to be developed to allow the amount of THC-V administered to be efficiently utilized by the human body,” MCTC Holdings CEO Arman Tabatabaei said in the news release. “This issue of bioavailability has been a significant ongoing concern for the industry relative to many cannabinoids, but with the rarity of THC-V, the need for efficient delivery is hugely amplified. It is our goal to solve this pressing industry issue. Based on our already completed laboratory accomplishments and our patent-pending technologies, we believe this goal is within our reach.”
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About MCTC Holdings Inc.
MCTC Holdings (dba Cannabis Global) is a Delaware-registered, fully reporting and audited, publiclytraded company. With the hemp and cannabis industries moving quickly and with a growing number of market entrants, MCTC plans to concentrate its efforts on the middle portions of the hemp and cannabis value chain. The company plans to actively pursue R&D programs and productization for exotic cannabinoid isolation, bioenhancement of cannabinoids and polymeric solid nanoparticles and nanofibers for addition into consumer products and for dermal application. MCTC was reorganized in June 2019 and announced its intent to enter the fast-growing cannabis sector and change its corporate identity to Cannabis Global Inc. The company is headed and managed by a group of highly experienced cannabis industry pioneers and entrepreneurs. For more information, visit the company’s website at www.CannabisGlobalinc.com.
NOTE TO INVESTORS: The latest news and updates relating to MCTC are available in the company’s newsroom at http://nnw.fm/MCTC
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