MCTC Holdings announced Project Varin, a program to develop new delivery systems for Tetrahydrocannabivarin (THC-V). THC-V is becoming known within the cannabinoid sciences arena as the "Skinny Cannabinoid" due to its purported appetite suppression qualities, and its possible use as a treatment against obesity-associated glucose intolerance. THC-V is a rare cannabinoid found in the Cannabis Sativa plant. THC-V is not scheduled as a controlled substance at the federal level and is only recently available in the marketplace. The primary goal of this research by MCTC will be to develop THC-V delivery methods that significantly improve bioavailability. In the first stage of the program, which started this week, researchers plan to produce THC-V polymeric nanoparticles and nanofibers based on the Company's patent-pending technologies. Over the past few months, the Company has realized considerable success in producing Cannabidiol particles, which the Company's researchers believe is highly leverageable relative to THC-V particle creation. In the second phase of development, which is scheduled to begin in March of 2020, the Company plans to apply its ongoing cannabinoid glycosides research to THC-V, in order to produce THC-V with unparalleled levels of availability at minimal usage levels. The Company has recently filed five patents on hemp extract technologies and delivery systems. MCTC is currently working with patent counsel to protect various other aspects of its other new technologies. As previously announced, the Company plans to continue other areas of delivery systems research including its programs pertaining to cannabinoid glycosides, polymeric cannabinoid nanoparticles and nanofibers, and its hemp extract-based alcohol replacement technologies.