PURE EXTRACTS TECH CORP - PRXTF STOCK NEWS

Pure Extracts Technologies Corp. (OTC: PRXTF) announced the shipping of its first order of THC and CBD edible gummies, branded as Pure Chews, to the British Columbia Liquor Distribution Branch. The gummies, featuring unique blister packaging, are expected to meet strong provincial demand. Utilizing a proprietary manufacturing system, the company aims to replicate the success of its U.S. counterpart, the Fireball Cinnamon gummies. The edible gummy sector is identified as a significant revenue contributor for Pure Extracts, with expectations for continued growth in the Canadian market.

Pure Extracts Technologies Corp (CSE: PULL) (OTC: PRXTF) has received approval from Health Canada to amend its license, enabling the sale of cannabis extract products to authorized distributors and retailers across Canada. This development allows Pure Extracts to fulfill existing purchase orders from several provinces directly, eliminating the need for intermediaries. CEO Ben Nikolaevsky highlighted that this approval supports the company’s growth plans, including its proprietary brands and white-label products, as recreational cannabis sales continue to rise.

Pure Extracts Technologies Corp (CSE: PULL) (OTC: PRXTF) announced that its subsidiary, Pure Mushrooms Corp., has submitted a Class 3 licence application to Health Canada for cognitive health claims regarding its Lion’s Mane product. This licence would complement an existing Class 1 licence, allowing them to market cognitive benefits. The Lion’s Mane product is set for initial launch in Q4 2021, with a Class 3 product expected in Q1 2022. The company aims to expand its portfolio amid growing demand for functional wellness products.

Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) has announced a white label agreement with Green Light Solutions Corp.'s subsidiary, Joe's Hemp Shack Inc. This deal focuses on the extraction and formulation of premium hemp into high-quality CBD vape cartridges. The partnership aims to leverage Pure Extracts’ proprietary formulations and optimized hardware, potentially generating up to $3 million in annual revenue. With a state-of-the-art facility complying with EU GMP standards, Pure Extracts is well-positioned for future growth in the cannabis sector.

Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) announced a purchase order with a licensed cannabis distributor in Saskatchewan, expanding its market presence in Western Canada. The order includes .5 gram full spectrum oil THC vape cartridges, THC and CBD blended vape carts, and ultra-high potency CBD gummies, derived from over 30 proprietary formulations. CEO Ben Nikolaevsky expressed enthusiasm for this milestone in their rollout strategy. The company operates a state-of-the-art facility in British Columbia, aiming for export sales under EU GMP standards.

Pure Extracts Technologies Corp. (OTC: PRXTF) announced that its subsidiary, Pure Mushrooms Corp., has applied to Health Canada for a license to produce a blended functional mushroom wellness product featuring cordyceps, reishi, and lion's mane. This follows successful sales of reishi and maitake products through Amazon, predominantly in California, Florida, and Georgia. The new product aims to support immune health and energy levels, with a launch expected in Q4 2021. CEO Ben Nikolaevsky highlighted growth in the functional mushroom market amid rising consumer interest during the COVID-19 pandemic.

Pure Extracts Technologies Corp. (OTC: PRXTF) announced significant business momentum as health measures in Canada ease. The company has achieved national recognition for its Pure Pulls brand, resulting in anticipated month-over-month revenue growth. New products include innovative vape cartridges and edibles under the Pure Chews brand, supported by a licensing agreement with Taste-T LLC. Supply agreements are progressing in Canada and with a multi-state operator in Michigan, a key market for cannabis. The company aims for greater efficiency in production and expects growing visibility and sales in the coming months.

Pure Extracts Technologies Corp (CSE: PULL, OTC: PRXTF) announced an initial purchase order for its 1 gram full spectrum oil cannabis vape cartridges from the LDB. This product, featuring over 30 proprietary formulations, is well-positioned for the growing consumer demand for larger cartridges. The CEO highlighted that the quality manufacturing and exceptional extracts will enhance their market presence. The facility complies with EU GMP standards, aiming for future export opportunities.

Pure Extracts Technologies Corp. (CSE: PULL, OTC: PRXTF) has entered a medical supply agreement with Canada House Wellness Group, enabling Canada House’s subsidiary, Abba Medix, to purchase a range of Pure Extracts' concentrate products. This agreement will begin contributing to revenue in Q4 2021, with a ramp-up anticipated in 2022. The collaboration aims to leverage Abba's established medical patient network, particularly serving the Veteran community, to distribute high-quality CBD and THC vape products and gummies across Canada.