On April 30, 2020, MCTC Holdings, Inc. announced that director Robert L. Hymers, III resigned. Mr. Hymers held no position on any committee of the board of directors at the time of his resignation. Mr. Hymers' resignation was not as the result of a disagreement with the registrant, known to an executive officer of the registrant, as defined in 17 CFR 240.3b-7, on any matter relating to the company's operations, policies or practices.

On April 30, 2020, Robert L. Hymers, III resigned as the Chief Financial Officer. On April 30, 2020, the company appointed Arman Tabatabaei, age 38, as its Chief Financial Officer [Principal Accounting Officer]. There exists no family relationship between Mr. Tabatabaei and any other director, executive officer, or person nominated or chosen by the registrant to become a director or executive officer.

Mr. Tabatabaei is the company's Chairman and CEO. Mr. Tabatabaei is a founder and Chairman of Cannabis Global, Inc. Mr. Tabatabaei has served as president of Pacific Pro Financial Services, Inc. for the last 5 years. With over 15 years of management and operations experience, he has earned a strong reputation for a numbers-based analytical approach to the management of organizations.

An expert at data collection and analysis relative to resource management, risk forecasting and profit and loss management, he has made significant progress in revamping operations of several companies over the past five years.