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Cannabis Global, Inc. (OTC PINK:CBGL), an innovation-oriented company investing in disruptive cannabis technologies, today releases an update letter from its CEO on recent and upcoming events.

Dear shareholders of Cannabis Global, Inc.

Over the past week, a considerable amount of attention has been focused on the Cannabis sector with two possible congressional actions to create a nationwide legal framework for both recreational and medical cannabis usage. With increased focus on the sector, I thought it would be an excellent time to provide our shareholders with an update on the very positive developments occurring at our company.

Revenue generation: As we have recently announced, our company is beginning to gain traction, which is clearly being seen in the growth of our revenues across multiple sectors. While we have not yet reported results for our most recently closed fiscal quarter, which ended on February 28, we expect the growth patterns we experienced late last year to continue. This revenue growth is being driven by new products entering the market, an increase in our distribution efforts, and the acquisition of numerous new retail dispensary customers throughout California. We expect these trends to not only continue, but to likely accelerate.

Successful revamping of product mix: As the cannabis consumption in the primary metropolitan areas of California has matured, cannabis customers are demanding a variety of new products. We have followed one of the major growth trends in the industry and revamped our product offerings accordingly. Our Live Rosin products, which are produced without any solvents, continue to gain strong traction with multiple orders coming into the company. As a result, we have significantly geared up our manufacturing capability in this area. We are expecting the solventless trend to accelerate as we move throughout 2022.

Product line acquisitions: We recently announced the acquisition of several product lines from a successful branding and marketing group, Caliwanna. These grants are now being marketed through Cannabis Global and we are working with Caliwanna‘s staff to immediately bring our current products to a much wider dispensary audience throughout California. This will include not only our solventless extract products, but also Live Rosin infused pre-rolls, and cannabis infused edibles.

Protecting consumers from unhealthy products is key for cannabis growth worldwide

Several years after Washington's legislature first discussed these requirements, the state has finally approved compulsory pesticide testing for all cannabis products produced and sold in the state. Cannabis manufacturers have a duty to meet the demands of cannabis users in a state. For profit reasons, some of these operators have settled for harmful chemicals to increase the output of their crops. These chemicals include insecticides, pesticides, and inorganic fertilizers. Many of them are unfit for human consumption.

A recent study found that medical marijuana fails to improve symptoms of pain, anxiety and depression and effectively doubles the risk of developing addictive symptoms and cannabis use disorder (CUD).

The study, published by researchers from Massachusetts General Hospital on March 18, also noted that up to one in five users of cannabis may develop CUD.

"There have been many claims about the benefits of medical marijuana for treating pain, insomnia, anxiety and depression, without sound scientific evidence to support them," said Professor Jodi Gilman in a news release.

At least 1.4 million Americans are using marijuana for their health, according to an Associated Press analysis of states that track medical marijuana patients.

And while marijuana has been shown to help ease pain and a few other health problems, two-thirds of U.S. states have decided pot should be legal to treat many other conditions with little scientific backing.

Real-World Cannabis Meets the Metaverse Community in California Debut of Three Strains, With Exclusive Club Member Benefits and Discounts

Crypto Cannabis Club (CCC), the original NFT collection and metaverse community for crypto and cannabis enthusiasts, today debuted its first-ever cannabis line, available across California on delivery platform CampNova. The three premium strains come in limited-edition packages, complete with a QR code, powered by blockchain authentication platform V-Fi. Customers will use their smartphone to scan the QR code on the package, initiating a process powered by the V-Fi app to unlock a collectible NFT featuring CCC’s packaging art.

In addition to the packaging art NFTs included with every purchase, three lucky customers will find a Golden Ticket in their CCC cannabis package. Each Golden Ticket is redeemable for one of CCC’s exclusive NFToker NFTs. Valued at more than $1,000, CCC’s flagship NFTokers include additional benefits from CCC.

The newly launched strains—Grapes and Cream, Purple Granimals and Garlotti—retail for $50 for an eighth ounce (3.5 grams). CCC’s community of NFTokers receive a special 30% discount for this release. CCC plans to reinvest proceeds into future product releases, with the goal of increasing the discount for club members to as close to 100% as possible while adhering to local retail regulations.

"Creating ways to bring the cannabis community together for real-world and virtual experiences is what this club is all about," said Ryan Hunter, CEO of Crypto Cannabis Club.

"Our cannabis brand release is another step in building the bond between these experiences—that’s why we’re taking the proceeds from this release and putting it toward growing the discounts for our community."

In states that allow cannabis cultivation, companies have turned to advanced technology to increase efficiencies in crop management, production and delivery. Exploring the cannabis landscape reveals how drones and robotics are taking cannabis business profits higher.

Cannabis has two different names: hemp and marijuana. The primary distinction is the plant’s delta-9-tetrahydrocannabinol (THC), or psychoactive chemical, content. Under U.S. federal law, hemp must contain 0.3% or less THC content by dry weight.

Although this plant is used to produce a wide range of food and non-edible products, regulatory uncertainty remains a barrier to fully realizing the potential of this multibillion dollar market. Nevertheless, cannabis companies are increasingly turning to drones and robotics to help reap medicinal and societal benefits and accelerate companies’ bottom lines.

A historical trip

As far back as 8,000 years ago, Mesopotamians cultivated cannabis plants for a variety of uses. In colonial America, George Washington, Thomas Jefferson and James Madison all grew it; Betsy Ross’ original flag was made from its fiber. In the early 1940s, hemp production bloomed in support of World War II efforts, being used to produce cloth, rope and other materiel.

I’ve suddenly found myself writing a lot about agtech of late. Maybe it’s because spring officially sprung over the weekend – or perhaps it’s that pesky impending environmental collapse that’s frequently top of mind. Whatever the case, I’ve mostly been lamenting a general lack of traction among robotics in the category, so I’m always happy to see a new contender emerge.

A lot of this stuff is also probably top of mind given that the World Agri-Tech Summit is currently happening in San Francisco. Today at the event, Growmark and Solinftec announced a partnership set to bring an unnamed agtech robot to the market. The product is being field-tested for the remainder of the year, and the companies are planning/hoping to bring it to market at some point in 2023.

The robot functions similarly to a number of products we’ve seen attempting to address a potentially large market, including recent addition Verdant and a bunch of startups John Deere keeps buying. It effectively rides around the field autonomously, scanning for things like crop health and nutrition, along with potential trouble areas like pests and weeds. That information is collated and sent to the farmer for action.

“We’re taking our robot directly to the fields for practical implications,” Solinftec COO Daniel Padrão said in a release.

“This cutting-edge technology will help develop agricultural solutions and support sustainable farm practices. We are honored to have such a progressive partner as Growmark to move forward with this first launch as we continue to work together to support farmers on seizing the opportunities in agriculture.”

“Many countries would deschedule cannabis and reevaluate how cannabis is classified if the U.N. did so,” said Rep. Nancy Mace.

Representatives Nancy Mace (R) and Barbara Lee (D) filed a resolution on Friday expressing “the sense of Congress” that the United States representative to the United Nations Commission on Narcotic Drugs should use “the voice, vote, and influence of the United States to seek to de-schedule cannabis from Schedule I of the Single Convention on Narcotic Drugs of 1961 and treat the plant “as a commodity.” (Benzinga)

In 2020, the UN’s Commission for Narcotic Drugs voted to remove medicinal cannabis from Schedule IV of the 1961 Single Convention on Narcotic Drugs, following recommendations from the World Health Organization.

The US voted in favor of removing cannabis from Schedule IV. However, cannabis and cannabis resin are still on Schedule I.

“Many countries would deschedule cannabis and reevaluate how cannabis is classified if the U.N. did so. Cannabis has been shown to be effective in the treatment of numerous medical conditions such as epilepsy, PTSD, cancer pain relief, nausea, and chronic and terminal illnesses. Descheduling at the U.N. would support global research into how cannabis can treat a wide range of ailments and conditions,” stated Rep. Nancy Mace in a press release on Friday.

We got in touch with the legendary rapper B-Real to talk about his new line of flower premiering at select dispensaries.

Hip-hop legend B-Real is dropping his first-ever line of flower on March 28 at Dr. Greenthumb’s and Cookies dispensaries. We chatted with the Cypress Hill rapper about how his career led to a love of cannabis, the story behind his new strain, his selection process and more. Read on to get inside the mind of B-Real.

What inspired you to start this line of flower, and why is cannabis important to you?

Dr. Greenthumb’s goes back to a time when the only people around cannabis were the ones who loved it, or perhaps trying to lock you up for it. So much has changed over the years. I just wanted to do something that I knew was going to bring the mindset back to the late 90s or early 2000s. I just think that for so many of us, that was the heart; those are the days when we talked about weed being legal, like really legal, across the country and just not even really believing it was gonna happen. 

And now, here we are, and so many of those people are washed up already, run over with taxes or regulations or just the investment needed. For better or worse, this is what legalization looks like, at least right now, and I guess I just feel like what people want are those days gone by. At the same time, there are a lot of people out there just getting access and still learning, and the right thing to do when there’s a new person is to invite them into the smoke circle. But, you teach them the culture, you share what’s important. I think that’s what I’m trying to do here. I want to point out what’s important in our history and our culture.

What was your process like selecting strains and genetics? 

Man, that’s always the fun part, right? You know, my team, they do a great job; my man Kenji has been in the game since forever. He’s out looking for those farms, those dope spots done right by the people who should be here, who should be winning in this new legal world. When he finds them, then I get samples. Really, it’s like it always has been. The sight, the smell, feeling the bud, rolling it up, that whole experience. And then, of course smoking. The flavor and high. When it’s the good stuff you know, that’s what we’re looking to highlight.

What is your favorite strain, and why? 

OG Kush—I mean, hey, a legend is a legend for a reason. It’s the whole package.

A new report from data and market intelligence company Headset dives into the past few years of growth in 4/20-related cannabis sales, and predicts that cannabis sales leading up to the holiday in 2022 will double in the US, and increase by 50% in Canada.

Now is not the time for partisan arguments or preserving the status quo of powerful and influential industries.

The last two years have been a wakeup call for humanity: Decades of dire warnings from experts in nearly every scientific discipline have converged on us seemingly all at once. We are mired in a global pandemic that has exposed weaknesses in -- and created major interruptions to -- the supply chains for food, fuel, labor, and goods. We've experienced significant weather events and shifts in seasonal weather behavior that can only be attributed to the human impact on climate change. Species are going extinct at an alarming rate. Plastic pollution is choking our oceans and land. The list just goes on and on.

Scarcity is the root of all our major problems 

For generations, most of the world's problems have been attributed to the scarcity of resources -- who has it, who doesn't, and what means will be undertaken to control it or obtain it. Wars, inequality, hunger, and economic turmoil ultimately boil down to the haves and the have nots on a global scale.

Now, likely as an outcome of this overall scarcity, a Central European conflict instigated by Russia upon the nation of Ukraine is leading towards massive increases in global petroleum and natural gas prices, in addition to causing potential interruption of about 25% of the world's grain supply that is locked up in Russia and Ukraine. 

As just one opinionated technologist, I won't presume to have solutions for all of the world's extremely complicated economic and geopolitical problems. But I believe that individual nations can take specific actions to minimize these impacts on their own citizens.

What to do about the fuel

Let's start with petroleum and natural gas -- two resources that are not renewable, in limited supply, and controlled by a limited number of nations. 

2 Marijuana Stocks To Watch For A Possible Recovery This Week

Starting off the last week of March marijuana stocks are still showing up and down action. More specifically some cannabis stocks are showing a bit of a decrease in momentum. Yet it’s only the start of the new week and anything can change. One of the pros and cons of looking for marijuana stocks to buy is how volatile the sector is. Just because a particular marijuana stock is down does not mean it can’t soon recover. As well if a company is up in the market that it can not see some pullback. Which is actually quite common in the cannabis sector.

If you’re someone who considers themselves a regular smoker, you’ve most likely stumbled upon Delta 8. The Delta 8 cannabinoid is the new alternative to marijuana, especially for people who rarely smoke or have never done so before.

This is because Delta 8 THC provides a more mild, mellow high without unwanted side effects like anxiety, paranoia, or nausea.

And what better way to try this remarkable cannabinoid than cartridges. The best Delta 8 carts will provide a fast-hitting, potent high while letting you enjoy a slew of different delicious flavors.

Carts come with a pre-filled delta 8 distillate, they are convenient to use, and you can easily dispose of them.

Whether you’re an experienced smoker or someone who wants to try delta 8 for the first time, you need to find a brand you can trust. With delta 8 becoming so popular many cheap knock-off brands have appeared, making it hard to find a high quality product you can trust.

Local and national support for legal cannabis shows us that the best course of action is to work toward decriminalization and, eventually, full legalization.

The freedom to make one’s own choices is central to our nation’s values and the great state of Florida. With cannabis legalization growing in popularity across the country, it’s now time to legalize adult-use cannabis in Florida and give back a choice that has been denied us for almost a century.

Floridians overwhelmingly support cannabis legalization. The latest polling data shows that 70 percent of us believe cannabis should be legal. However, our lawmakers have been slow to respond to the will of the people.

Having sponsored two previous legalization bills, I know that it won’t be easy to win this fight. Still, we must persist. Local and national support for legal cannabis shows us that the best course of action is to work toward decriminalization and, eventually, full legalization.

We have known for 50 years that cannabis poses no real danger to our society. It does not induce violence, nor threaten public health. In 1972, President Richard Nixon received a report from the National Commission on Marihuana and Drug Abuse. The commission, led by Pennsylvania Gov. Raymond Shafer, a Republican, declared cannabis not harmful to our society and recommended that marijuana be decriminalized in the United States.

Fifty years and dozens of research studies later, it’s clear the prohibition of cannabis has caused more harm than cannabis itself. The enforcement of nonsensical drug policies has cost taxpayers millions of dollars. This is money that could have been used to fund programs and services for Floridians or kept in their pockets.

“It slipped by me,” said senator about bill legalizing Delta-8 THC

Cannabis CEOs highlight Griner’s plight

The cannabis industry went to Washington last week with the argument that Russia’s detention of American professional basketball player Brittney Griner is yet another reason to reform federal cannabis law.

Griner has been kept in Russia since Feb. 17, when a drug-sniffing dog at a Moscow airport helped detect hashish oil in her luggage. She was subsequently arrested on charges of drug smuggling. As her detention wears on, some compare her to a hostage taken in Russia’s war on Ukraine. Her situation was one of many things that cannabis executives discussed with senators and members of congress last week.

Nick Kovacevich, chief executive officer of Greenlane Holdings Inc., a Boca Raton, Florida-based maker of custom vaporizers, packaging and cannabis accessories, said the current U.S. situation makes it hard for the country to press for her release.

 “At the same time, we have 2,700 nonviolent cannabis prisoners here in the U.S.,” he said.

“How can we do get the right thing to get her released in Russia when we’re not following through on campaign promises to get people released stateside?”

A new brand has entered the chat, and its focus is on the Latino consumer and their intrinsic part of modern cannabis culture.

“Latinos are driving so much of today’s economic growth, especially in one of the country’s fastest growing industries – cannabis,” says Jesús Burrola, CEO of Posibl and the co-founder of Humo.

“We’re excited to bring our community a brand through which they can identify — and our broader cannabis community — the highest quality, sustainably grown flower at an affordable price.”

Sweet Dreams Vineyard has officially launched two alcohol-free adult drinks made with THC just in time for 4/20, the unofficial holiday every April 20 celebrating marijuana. Cannabernet and Marijuarita are manufactured in Arizona and sold at Valley dispensaries, use cutting edge nano-emulsification technology and all-natural juices to create an enjoyable adult experience. They’re healthier alternatives to drinking traditional wines or smoking cannabis, provide a quick and consistent effect and aid in sleep and pain management.

“Smoking cannabis has numerous downsides, and can be unacceptable in some social settings,” said Bill Gibbs, founder of Sweet Dreams Vineyard.

Recreational pot sales are coming to New Jersey soon.

New Jersey began accepting applications on Tuesday from individuals hoping to get in on the ground floor of the state’s coming recreational cannabis industry. By day’s end, state regulators had attracted plenty of interest.

NJ.com reported that the New Jersey Cannabis Regulatory Commission said that by 4 p.m. on Tuesday afternoon, it had received 172 applications from individuals interested in opening a cannabis retail store.

“Today is the day where the CRC (Cannabis Regulatory Commission) portal opens and applicants who wish to apply for a retail license to sell cannabis … are allowed to do so,” said Michael DeLoreto, a director at Gibbons’ Government and Regulatory Affairs Department, as quoted by NJ.com. “This is a day that a lot of businesses have been waiting for.”

New Jersey voters legalized recreational adult-use cannabis in 2020 when they approved a ballot measure (three other states –– Montana, Arizona and South Dakota –– likewise passed legalization proposals at the ballot that year).

In December, the Cannabis Regulatory Commission began accepting applications for recreational cannabis cultivators, manufacturers and testing labs. The commission said that by early afternoon on the first day of the application period, “the application platform was averaging 155 new users per hour.”

Cannabis development is highly attributed to plant breeding and targeted cultivation strategies. Crops themselves are entirely different from those in the 1970s, and we’ve learned a lot by fine-tuning our techniques.

According to Anders Peterson, Cannabis Operations Specialist at InSpire Transpiration Solutions, science and technology have been game-changing for cannabis development.

“We’ve been able to collect a significant more amount of data and learn from it, even just over the past five years,” said Peterson. “Besides that, the technology used to create a controlled environment inside in terms of lighting, fertigation, HVAC, have allowed us to also optimize plant growth and production and efficiency in these spaces.

In the same ways that farmers learn over time what crops grow best in what areas, we learn to isolate environmental factors to optimize plant growth. Starting with data collection, we better understand what the plants need.

These developments have decreased the number of days plants take to reach maturity and, in turn, increased the number of harvests a year within greenhouses. Specifically, within InSprire Transpiration Solutions, technology has increased harvest cycles from four per year to six. Similar techniques are developing in outdoor cannabis development and production.