Pure Harvest Announces Launch of the SKM Extracts Website and Record Wholesale Revenues from Concentrate Sales
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.
- Launch of the SKM Extracts website enhances brand visibility in Colorado.
- March 2021 wholesale revenue increased by over 75% compared to February 2021.
- More than 30% increase in quarterly wholesale revenue from Q4 2020 to Q1 2021.
- None.
GREENWOOD VILLAGE, CO, April 05, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire – Pure Harvest Corporate Group, Inc. (OTCQB: PHCG), a publicly traded holding company focused on emerging and high-growth industries, is pleased to announce that its wholly owned subsidiary, Sofa King Medicinal Wellness Products, LLC, is launching a new website to support its line of SKM Extracts branded, premium cannabis products.
The SKM Extracts brand is a continuation of the commitment to quality that was standard under the original Sofa King Medicinal Wellness Products company. Each product incorporates the hard work and dedication that has gone into the development of this brand since its inception in 2014, when recreational cannabis first went legal in Colorado. The initial product line includes wax, shatter, sauce, vaporizer cartridges, distillate, edibles, nanoparticle technologies, water-solubles, & CBD ratioed products. These fine SKM Extracts products are available in dispensaries across Colorado. The newly launched SKM Extracts website can be found at www.skmextracts.com. Products can further be viewed on Instagram at #skmextracts.
“The launch of the SKM Extracts website is a big step to boosting our presence in Colorado,” said Neale Gibbons, CEO of Pure Harvest Colorado. “We have spent decades developing these formulations and I’m excited to see the SKM name continue to thrive in this line of premium products, at our new home in the Pure Harvest family. We have always been known for our premium cannabis extracts and this product line allows us to showcase our best products under a familiar brand that already has a strong market presence in Colorado.”
The launch of the new website caps an exceptional month of sales for Pure Harvest Colorado, which continues to see robust month-over-month growth. March ’21 wholesale revenue increased more than
“As we keep improving our marijuana operations in Colorado, we’re excited to continue growing the SKM Extracts brand of premium cannabis concentrates,” said Matthew Gregarek, CEO of Pure Harvest Corporate Group. “The SKM Extracts brand incorporates everything the staff at SKM has learned about making cannabis concentrates since they started producing them many years ago, which results in a product of exceptional quality. We’re thrilled to showcase the products under the SKM Extracts brand and we look forward to seeing how consumers react.”
About Pure Harvest Corporate Group
Pure Harvest Corporate Group, Inc. (OTCQB: PHCG) is a publicly traded holding company focused on emerging and high-growth industries. The PHCG team is committed to formulating, manufacturing, and distributing high-quality cannabis and hemp derived cannabinoid consumer products in markets where it is legal to do so. The Company has developed numerous retail brands and product lines that are currently available for purchase in select markets. Pure Harvest intends to grow its marijuana, hemp derived cannabinoids, and research and development operations and expand globally as the laws regarding cannabis are reviewed and rewritten to repeal their prohibition.
Additionally, the Company may from time to time disclose public material events via its website at http://www.PureHarvestGroup.com or its social media accounts at the following locations:
https://www.facebook.com/pureharvestgroup
https://www.linkedin.com/company/49645278
https://twitter.com/PureHarvestCG
Forward-Looking Statements
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933, are subject to Rule 3b-6 under the Securities Exchange Act of 1934 and are subject to the safe harbors created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate. Future events and results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements.
Company Contact:
Pure Harvest Corporate Group, Inc.
Sherry Andersen, Corporate Communications
sherry@pureharvestgroup.com
Phone: 800-924-3716
