- Pure Extracts Technologies revealed it had recently retained global consultancy to advise on application for Dealer’s License under Health Canada
- If granted, license would allow Company to cultivate, conduct research into, commercialize controlled substances
- Pure Extracts also announced it recently signed LOI to further cooperation with PURICA(TM)( in field of full-spectrum mushroom-derived wellness products and co-develop CBD, mushroom product combinations
- Partnership would ideally situate Company to benefit from growing consumer interest within functional mushroom – CBD oil wellness product segments
Pure Extracts Technologies (CSE: PULL) (XFRA: A2QJAJ), a plant-based extraction company, recently revealed that it had begun the process towards applying to Health Canada for a Dealers License under the Controlled Drugs and Substances Act (“CDSA”). The CDSA, which oversees the legal access to controlled substances and regulates the production, distribution and sale of these substances in Canada, requires companies to obtain regulatory approval from Health Canada prior to carrying out activities within the sector (https://ibn.fm/A1Vpy).
Pure Extracts also announced that it had retained a globally recognized operations, compliance, and regulatory firm to advise on its application so as to ensure the Company’s adherence to the criteria put forth by the regulatory body. If obtained, the Dealers License would enable Pure Extracts to procure, cultivate and harvest-controlled substances – including the likes of…
NOTE TO INVESTORS: The latest news and updates relating to PULL are available in the company’s newsroom at https://ibn.fm/PULL
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