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VANCOUVER, British Columbia, June 17, 2021 (GLOBE NEWSWIRE) — Pure Extracts Applied sciences Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) (“Pure Extracts” or the “Firm”), a plant-based extraction firm centered on hashish, hemp, useful mushrooms and the quickly rising psychedelic sector, is happy to announce that its wholly owned subsidiary, Pure Extracts Manufacturing Corp., has shipped its preliminary order of 0.5 gram vape cartridges by way of its distribution accomplice to Alberta Gaming, Liquor & Hashish (AGLC).
Demand for Pure Extracts’ Pure Pulls branded 510 vape cartridges is powerful inside the provincial markets and the cartridges for this AGLC order had been stuffed with Tremendous Lemon Haze, Grand Daddy Purple and GSK – 3 of the Firm’s 30+ proprietary, full spectrum oil (FSO) formulations.
Pure Extracts CEO, Ben Nikolaevsky, remarked, “We’re excited to have shipped our first vape cart order to the Province of Alberta and are trying ahead to a profitable long-term relationship with AGLC that results in a happy buyer base and a big contribution to our annual income. We have now created the prime quality FSO vape merchandise that buyers now demand and consider that we’ll rapidly construct model loyalty with each legacy and new entrants within the vape area.”
ON BEHALF OF THE BOARD
“Ben Nikolaevsky”
Ben Nikolaevsky
CEO and Director
About Pure Extracts (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ)
Pure Extracts Expertise Corp. options an all-new, state-of-the-art processing facility situated simply 20 minutes north of world-famous Whistler, British Columbia. The bespoke facility has been constructed to European Union GMP requirements aiming in the direction of export gross sales of merchandise and formulations, together with these at present restricted in Canada, into European jurisdictions the place they’re legally accessible. Well being Canada, below the Hashish Act, granted Pure Extracts its Commonplace Processing License on September 25, 2020. The Firm’s inventory started buying and selling on the Canadian Securities Trade (CSE) on November 5, 2020.
Discover out extra at https://pureextractscorp.com/.
For additional data please contact Empire Communications Group at (604) 343-2724.
The CSE has neither authorized nor disapproved the contents of this press launch.
This information launch incorporates forward-looking statements regarding the long run operations of Pure Extracts,
and the opposite statements usually are not historic information. Ahead-looking statements are sometimes recognized by phrases comparable to “will”, “could”, “ought to”, “anticipate”, “expects” and comparable expressions. All statements apart from statements of historic reality, included on this launch, together with, with out limitation, statements relating to US enlargement and the long run plans and targets of Pure Extracts’, are forward-looking statements and contain dangers and uncertainties. Numerous components may trigger precise occasions, efficiency or outcomes to vary materially from what’s projected in ahead trying statements. Though we consider that the assumptions underlying these statements are cheap, they could show to be incorrect, and we can not guarantee that precise outcomes will likely be per these forward-looking statements. Given these dangers, uncertainties and assumptions, buyers shouldn’t place undue reliance on these forward-looking statements. Whether or not precise outcomes, efficiency or achievements will conform to the Firm’s expectations and predictions is topic to quite a lot of identified and unknown dangers, uncertainties, assumptions and different components, together with these listed below “Threat Elements” within the Firm’s Annual Info Kind. The Firm doesn’t undertake to replace any forward-looking data, besides as, and to the extent required by, relevant securities legal guidelines.
This information launch incorporates details about potential gross sales income from provide agreements, which can be thought-about as disclosure of economic outlook below relevant securities legal guidelines. Such data is topic to the identical assumptions, danger components, limitations, and {qualifications} as set forth within the above paragraph. Particularly, estimated gross sales income which can be derived from provide contracts has been calculated based mostly on present wholesale costs and assume, amongst different issues, that the Firm will have the ability to discover consumers for its merchandise. Monetary outlook contained on this information launch was made by administration as of the date of this information launch and was offered for the aim of offering readers with an understanding of the potential income which can be derived from provide settlement not too long ago entered into by the Firm, and usually are not an estimate of profitability or another measure of economic efficiency. Readers are cautioned that the monetary outlook contained on this doc shouldn’t be used for functions apart from for which it’s disclosed herein.
