Pure Extracts Technologies (CSE: PULL), a plant-based extraction company specializing in cannabis, hemp and mushroom products, has released a corporate update from CEO and director Ben Nikolaevsky. The update includes information about the company’s new state-of-the-art facility, located in Pemberton, British Columbia, about 20 minutes north of Whistler, which was built to European Union GMP standards. The update also provides an overview of the company’s plans to undertake the operations of toll processing and white labelling for LPs that lack the extraction expertise and expensive equipment to provide their own materials. In addition, Pure Extracts is developing its own private label of products under Pure Pulls brand; the line should be available for sale by late Q1 2021. The update also noted that the company is expanding its business to include mushroom extracts by working on functional mushroom extraction processes utilizing existing infrastructure. Pure Extracts management sees a significant opportunity to become a key extraction partner for the commercialization of functional mushroom products. Additionally, the company anticipates entering the psychedelic mushroom market.
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About Pure Extracts Technologies Corp.
Pure Extracts was incorporated under the BCBCA and has its offices and operations in Pemberton, British Columbia. On Sept. 25, 2020, Pure Extracts was granted its Standard Processing License by Health Canada under the Cannabis Act. On Nov. 5, 2020, Pure Extracts began trading on the CSE under the symbol PULL (“PULL”). Pure Extracts is undertaking the operations of toll processing, white labelling, and developing its own private label of products incorporating its full spectrum THC- and CBD-based extracted oils. Additionally, Pure Extracts is presently expanding its business to include functional mushrooms extraction by working on processes compatible with its existing infrastructure. Pure Extracts has a C02 extraction facility built to European Union GMP standards and intends to seek EU GMP certification of its operations allowing it to export its products for sale in Europe where such products are legal. For more information about the company, please visit www.PureExtractsCorp.com.
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