The Company was incorporated in the State of Nevada on December 3, 2020 under the name MCNB Holding Corporation. The Company originally began operations with the inception of Mathco Health Corporation on September 10, 2015. Mathco Health Corporation, a Delaware corporation, was engaged in the business of wholesale and retail CBD distribution and production. On December 31, 2019, Mathco Health Corporation entered into an asset purchase agreement with MCNB USA, a Delaware corporation, a company incorporated on November 14, 2019.