Pure Extracts Technologies (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ), a plant-based extraction company specializing in cannabis, hemp, functional mushrooms and the rapidly emerging psychedelic sector, announced that, through its wholly owned subsidiary Pure Extracts Manufacturing Corp., it has submitted an application to Health Canada to amend its current license to permit the sale of cannabis extract products. Pure Extracts plans to sell such extracts to provincially authorized distributors and retailers nationwide. This announcement comes on the heels of the company entering a distribution agreement with a large Canadian Licensed Producer to distribute Pure Extracts’ vape and edible products. The company anticipates seeing significant sales for its Pure Pulls and Pure Chews branded product moving forward. In addition, the company is maintaining its focus on developing a growing portfolio of cannabis 2.0 products. “This milestone dovetails perfectly with our recently signed distribution agreement,” said Pure Extracts CEO Ben Nikolaevsky in the press release. “We have all our bases covered now, and we will quickly and efficiently get our vape and edible products to retail buyers across Canada.”
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About Pure Extracts Technologies Corp.
Pure Extracts features an all-new, state-of-the-art processing facility located just 20 minutes north of world-famous Whistler, British Columbia. The bespoke facility has been constructed to European Union GMP standards aiming towards export sales of products and formulations, including those currently restricted in Canada, into European jurisdictions where they are legally available. On Sept. 25, 2020, Pure Extracts was granted its Standard Processing License by Health Canada under the Cannabis Act. In addition, the company’s stock began trading on the Canadian Securities Exchange (“CSE”) on Nov. 5, 2020. For more information about the company, please visit www.PureExtractsCorp.com.
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