{"id":464221,"date":"2021-03-24T09:03:26","date_gmt":"2021-03-24T13:03:26","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=464221"},"modified":"2021-03-24T09:03:26","modified_gmt":"2021-03-24T13:03:26","slug":"pure-extracts-purchases-over-500-kg-of-dry-flower-to-prepare-for-retail-launch-of-vapes-and-gummies","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/pure-extracts-purchases-over-500-kg-of-dry-flower-to-prepare-for-retail-launch-of-vapes-and-gummies\/","title":{"rendered":"Pure Extracts Purchases Over 500 KG of Dry Flower to Prepare for Retail Launch of Vapes and Gummies"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">VANCOUVER, British Columbia, March  24, 2021  (GLOBE NEWSWIRE) &#8212; <strong>Pure Extracts Technologies Corp<\/strong>. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) (\u201cPure Extracts\u201d or the \u201cCompany\u201d), a plant-based extraction company focused on cannabis, hemp, functional mushrooms and the rapidly emerging psychedelic sector, is pleased to announce that it has purchased over 500 kg of high potency dry cannabis flower in preparation for the launch next month of retail sales of its Pure Pulls vapes and Pure Chews edible gummies.<\/p>\n<p align=\"justify\">Demand for these types of products is strong in the 4 provinces (British Columbia, Alberta, Saskatchewan and Ontario) that the Company is targeting for its retail launch and revenue estimates associated with this shipment are just over $1,000,000.<\/p>\n<p align=\"justify\">Pure Extracts CEO, Ben Nikolaevsky, remarked, \u201cQ2 is going to be very exciting for us as we commence retail sales of vapes and gummies through our distribution partner. Our exceptionally pure products are in high demand and we have a range in potencies and flavours that consumers will certainly enjoy.\u201d<\/p>\n<p align=\"justify\">\n        <strong><br \/>\n          <u>About Pure Extracts Technologies Corp.<\/u><br \/>\n        <\/strong><br \/>\n        <u> (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ)<\/u><br \/>\n        <br \/>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 September 25, 2020, Pure Extracts was granted its Standard Processing License by Health Canada under the Cannabis Act and the Company\u2019s stock began trading on the Canadian Securities Exchange (CSE) on November 5, 2020. Find out more at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=0ayCyiaHxmGayXlpJLRayJ6haYQa5B6j2NNpGO1zAQUTDxB9TO2Celg8hi0CIS38nQPLH6Nv_7Dssiac-Ol9LGiG3Sj4qCKVgqLvNLoIqwU=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">https:\/\/pureextractscorp.com\/<\/a>.<\/p>\n<p>For further information please contact Empire Communications Group at (604) 343-2724.<\/p>\n<p>\n        <strong>ON BEHALF OF THE BOARD<\/strong><br \/>\n        <br \/>\n        <u>\u201c<\/u><br \/>\n        <em><br \/>\n          <u>Ben Nikolaevsky<\/u><br \/>\n        <\/em><br \/>\n        <u>\u201d<\/u><br \/>\n        <br \/>Ben Nikolaevsky<br \/>CEO and Director<\/p>\n<p align=\"justify\">The CSE has neither approved nor disapproved the contents of this press release.<\/p>\n<p align=\"justify\">This news release contains forward-looking statements relating to the future operations of Pure Extracts, and the other statements are not historical facts. Forward-looking statements are often identified by terms such as &#8220;will&#8221;, &#8220;may&#8221;, &#8220;should&#8221;, &#8220;anticipate&#8221;, &#8220;expects&#8221; and similar expressions. All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding the future plans and objectives of Pure Extracts\u2019, are forward-looking statements and involve risks and uncertainties. A number of factors could cause actual events, performance or results to differ materially from what is projected in forward looking statements. Although we believe that the assumptions underlying these statements are reasonable, they may prove to be incorrect, and we cannot assure that actual results will be consistent with these forward-looking statements. Given these risks, uncertainties and assumptions, investors should not place undue reliance on these forward-looking statements. Whether actual results, performance or achievements will conform to the Company\u2019s expectations and predictions is subject to a number of known and unknown risks, uncertainties, assumptions and other factors, including those listed under \u201cRisk Factors\u201d in the Company\u2019s Annual Information Form. The Company does not undertake to update any forward-looking information, except as, and to the extent required by, applicable securities laws.<\/p>\n<p align=\"justify\">This news release contains information about potential sales revenue from supply agreements, which may be considered as disclosure of financial outlook under applicable securities laws. Such information is subject to the same assumptions, risk factors, limitations, and qualifications as set forth in the above paragraph. Specifically, estimated sales revenue which may be derived from supply contracts has been calculated based on current wholesale prices and assume, among other things, that the Company will be able to find buyers for its products. Financial outlook contained in this news release was made by management as of the date of this news release and was provided for the purpose of providing readers with an understanding of the potential revenue which may be derived from supply agreement recently entered into by the Company, and are not an estimate of profitability or any other measure of financial performance. Readers are cautioned that the financial outlook contained in this document should not be used for purposes other than for which it is disclosed herein.<\/p>\n<p \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIwNTM1NiM0MDg4Nzc3IzIyMDM3NDc=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/d0d2ea73-c2d4-42b8-babf-7a4901725535\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>VANCOUVER, British Columbia, March 24, 2021 (GLOBE NEWSWIRE) &#8212; Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) (\u201cPure Extracts\u201d or the \u201cCompany\u201d), a plant-based extraction company focused on cannabis, hemp, functional mushrooms and the rapidly emerging psychedelic sector, is pleased to announce that it has purchased over 500 kg of high potency dry cannabis flower in preparation for the launch next month of retail sales of its Pure Pulls vapes and Pure Chews edible gummies. Demand for these types of products is strong in the 4 provinces (British Columbia, Alberta, Saskatchewan and Ontario) that the Company is targeting for its retail launch and revenue estimates associated with this shipment are just over $1,000,000. Pure Extracts CEO, Ben Nikolaevsky, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/pure-extracts-purchases-over-500-kg-of-dry-flower-to-prepare-for-retail-launch-of-vapes-and-gummies\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Pure Extracts Purchases Over 500 KG of Dry Flower to Prepare for Retail Launch of Vapes and Gummies&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-464221","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Pure Extracts Purchases Over 500 KG of Dry Flower to Prepare for Retail Launch of Vapes and Gummies - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/pure-extracts-purchases-over-500-kg-of-dry-flower-to-prepare-for-retail-launch-of-vapes-and-gummies\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pure Extracts Purchases Over 500 KG of Dry Flower to Prepare for Retail Launch of Vapes and Gummies - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"VANCOUVER, British Columbia, March 24, 2021 (GLOBE NEWSWIRE) &#8212; Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) (\u201cPure Extracts\u201d or the \u201cCompany\u201d), a plant-based extraction company focused on cannabis, hemp, functional mushrooms and the rapidly emerging psychedelic sector, is pleased to announce that it has purchased over 500 kg of high potency dry cannabis flower in preparation for the launch next month of retail sales of its Pure Pulls vapes and Pure Chews edible gummies. Demand for these types of products is strong in the 4 provinces (British Columbia, Alberta, Saskatchewan and Ontario) that the Company is targeting for its retail launch and revenue estimates associated with this shipment are just over $1,000,000. Pure Extracts CEO, Ben Nikolaevsky, &hellip; Continue reading &quot;Pure Extracts Purchases Over 500 KG of Dry Flower to Prepare for Retail Launch of Vapes and Gummies&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/pure-extracts-purchases-over-500-kg-of-dry-flower-to-prepare-for-retail-launch-of-vapes-and-gummies\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-24T13:03:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIwNTM1NiM0MDg4Nzc3IzIyMDM3NDc=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/pure-extracts-purchases-over-500-kg-of-dry-flower-to-prepare-for-retail-launch-of-vapes-and-gummies\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/pure-extracts-purchases-over-500-kg-of-dry-flower-to-prepare-for-retail-launch-of-vapes-and-gummies\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Pure Extracts Purchases Over 500 KG of Dry Flower to Prepare for Retail Launch of Vapes and Gummies\",\"datePublished\":\"2021-03-24T13:03:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/pure-extracts-purchases-over-500-kg-of-dry-flower-to-prepare-for-retail-launch-of-vapes-and-gummies\\\/\"},\"wordCount\":686,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/pure-extracts-purchases-over-500-kg-of-dry-flower-to-prepare-for-retail-launch-of-vapes-and-gummies\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODIwNTM1NiM0MDg4Nzc3IzIyMDM3NDc=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/pure-extracts-purchases-over-500-kg-of-dry-flower-to-prepare-for-retail-launch-of-vapes-and-gummies\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/pure-extracts-purchases-over-500-kg-of-dry-flower-to-prepare-for-retail-launch-of-vapes-and-gummies\\\/\",\"name\":\"Pure Extracts Purchases Over 500 KG of Dry Flower to Prepare for Retail Launch of Vapes and Gummies - 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(CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) (\u201cPure Extracts\u201d or the \u201cCompany\u201d), a plant-based extraction company focused on cannabis, hemp, functional mushrooms and the rapidly emerging psychedelic sector, is pleased to announce that it has purchased over 500 kg of high potency dry cannabis flower in preparation for the launch next month of retail sales of its Pure Pulls vapes and Pure Chews edible gummies. Demand for these types of products is strong in the 4 provinces (British Columbia, Alberta, Saskatchewan and Ontario) that the Company is targeting for its retail launch and revenue estimates associated with this shipment are just over $1,000,000. 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