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Pure Extracts Reaches 36 Product SKU Listings Across Canada

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Pure Extracts Technologies Corp (OTC: PRXTF) has announced reaching a total of 36 product SKUs approved for sale across Canada, comprising 17 vape and 19 edible gummy products. The company plans to launch a new high-potency THC vape cartridge aimed at recreational users, which is expected to generate significant revenue. CEO Ben Nikolaevsky expressed optimism about the growing acceptance of Pure Extracts’ brands. The company operates a state-of-the-art facility in British Columbia, adhering to strict European Union GMP standards for future export sales.

Positive
  • 36 approved product SKUs in Canada enhancing market presence.
  • Introduction of a high-potency THC vape cartridge expected to drive revenue.
Negative
  • None.

VANCOUVER, British Columbia, March 24, 2022 (GLOBE NEWSWIRE) -- Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) (“Pure Extracts” or the “Company”), a plant-based extraction company focused on cannabis, hemp, functional mushrooms and the rapidly emerging psychedelic sector, is pleased to announce that it has reached a total of 36 product SKUs in its provincial listings across Canada.

The product mix includes 17 Pure Pulls vape SKUs and 19 Pure Chews edible gummie SKUs for sale in licensed dispensaries in British Columbia, Alberta, Saskatchewan, Ontario and New Brunswick as well as on the Abba Medix national medical platform. 

The next product launch will be a Pure Pulls 1 gram, high-potency THC, terpene-infused, distillate vape cart that will provide recreational consumers with a powerful and flavourful smoking experience.

Pure Extracts CEO, Ben Nikolaevsky, remarked, “We are pleased to see our brands’ acceptance steadily growing across the country and I believe that our new high-potency vape carts will be a high-volume SKU that generates material revenue for our vape division.”

ON BEHALF OF THE BOARD
Ben Nikolaevsky
Ben Nikolaevsky
CEO and Director

About Pure Extracts (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ)

Pure Extracts Technology Corp. 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. Pure Extracts was granted its Standard Processing License by Health Canada under the Cannabis Act on September 25, 2020, and its Sales Amendment on July 19, 2021. The Company’s stock began trading on the Canadian Securities Exchange (CSE) on November 5, 2020.

Find out more at https://pureextractscorp.com/

Or contact:
Pure Extracts Investor Relations
Tel: +1 604 493 2052
info@pureextractscorp.com    

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 "will", "may", "should", "anticipate", "expects" 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’, 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’s expectations and predictions is subject to a number of known and unknown risks, uncertainties, assumptions and other factors, including those listed under “Risk Factors” in the Company’s 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.

The CSE has neither approved nor disapproved the contents of this press release.


FAQ

What are the new products launched by Pure Extracts Technologies Corp on March 24, 2022?

Pure Extracts announced 36 product SKUs, including 17 vape products and 19 gummy edibles.

What is the expected impact of the new high-potency THC vape cartridge on Pure Extracts?

The new vape cartridge is anticipated to generate significant revenue for the company.

In which provinces is Pure Extracts selling its products?

Products are available in British Columbia, Alberta, Saskatchewan, Ontario, and New Brunswick.

What does the future hold for Pure Extracts Technologies Corp's product offerings?

The company aims to expand product offerings, focusing on high-quality cannabis and hemp-based products.

What regulatory standards does Pure Extracts adhere to in its operations?

Pure Extracts operates according to European Union GMP standards for its processing facility.

PURE EXTRACTS TECH CORP

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