PURE HARVEST CORPRATE GRP - PHCG STOCK NEWS

Pure Harvest Corporate Group (OTCQB: PHCG) announced that Harbinger Research, LLC has initiated research coverage on the company. CEO Matt Gregarek expressed enthusiasm for the report, highlighting its comprehensive analysis of PHCG’s business model and financial forecasts. The U.S. cannabis market, projected to reach $85 billion by 2030, offers substantial growth opportunities. Since 2018, PHCG has adopted an 'acquire and integrate' strategy, achieving record sales in several recent acquisitions.

Pure Harvest Corporate Group, Inc. (OTCQB: PHCG) reported unprecedented revenue growth for 2020, surpassing 1,800% compared to 2019, driven primarily by its marijuana operations in Dumont, Colorado. Q4 2020 sales exhibited a staggering increase of over 8,400% year-over-year and a 29% rise sequentially from Q3 2020. CEO Matthew Gregarek expressed pride in the team’s efforts and confidence in maintaining growth moving forward, citing expectations for strong Q1 2021 results despite challenges posed by COVID-19.

Pure Harvest Corporate Group (OTC: PHCG) announced promising initial test results of its LED lighting technology for cannabis cultivation in licensed facilities in Denver, Colorado. The tests conducted by DC Energy Group showed favorable outcomes in multiple harvests, suggesting potential improvements in production. The Infinergy™ system integrates LED fixtures with energy solutions like solar power and battery storage, aiming to reduce the carbon footprint of cannabis growing. Management emphasizes this technology could revolutionize energy management in agriculture.

Pure Harvest Corporate Group (OTCQB: PHCG) announced the launch of a new website for its subsidiary, Sofa King Medicinal Wellness Products, supporting the SKM Extracts line of premium cannabis products. Established in 2014, the SKM brand includes a variety of cannabis extracts now available in Colorado dispensaries. The company reported a robust month in March 2021, with wholesale revenue rising more than 75% compared to February 2021, leading to over a 30% increase in quarterly revenues. The CEO expressed enthusiasm for the brand's growth and quality.

Pure Harvest Corporate Group (OTCQB: PHCG) has announced the launch of a new white label program for its Complex 612 product line, developed by its subsidiary Test Kitchen. This patent-pending ingredient, derived from industrial hemp, presents significant potential for various consumer products. The white label program allows wholesale clients to brand and sell these products under their own names while benefiting from Test Kitchen's management support. CEO Donnie Emmi expressed that this initiative enhances exposure and sales opportunities for Complex 612 across the nation.

Pure Harvest Corporate Group, Inc. (OTCQB: PHCG) has rebranded its Dumont, Colorado dispensary as Pure Harvest Colorado – Dumont. This marks the company's first dispensary in Colorado, acquired in August 2020. Over the past six months, operations have been enhanced to launch under the new brand. Pure Harvest intends to replicate this model for future dispensaries across Colorado and the U.S. The Dumont location will serve as a benchmark for quality customer experiences, and the company plans to reintroduce the Sofa King Medicinal brand by the end of Q1 2021.

Pure Harvest Corporate Group, Inc. (PHCG) announces significant enhancements to its Sofa King Medical Wellness Products (SKM) facility in Dumont, Colorado. This second phase of development follows a successful initial phase that converted a ski rental shop into a solar-powered dispensary. SKM has achieved nearly 20% month-over-month revenue growth recently. Improvements include parking area repaving and increased signage to attract more customers. The company plans further developments to boost traffic and revenue, leveraging Colorado's record cannabis sales exceeding $2 billion in 2020.

Pure Harvest Corporate Group (OTCQB: PHCG) announced a second purchase order of about 250,000 units for products featuring its proprietary cannabinoid compound, Complex 612. The order, received on February 11, 2021, signals potential disruption in the cannabis industry. Test Kitchen's CEO noted user satisfaction with Complex 612, indicating enhanced mood and productivity. The company believes this order may boost production efficiency and market awareness as the products hit the shelves in March 2021.

On January 25, 2021, Pure Harvest Corporate Group (OTC: PHCG) acquired four U.S. patents and applications from inventor James Brown. This strategic acquisition aims to enhance its offerings in various industries, including Agriculture, Renewable Energy, and Health & Wellness. The company plans to leverage the intellectual property to develop standalone products and improve existing systems. Additionally, James Brown will join Pure Harvest's Advisory Board, aiding in the commercialization of the newly acquired technologies.