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Pure Extracts Technologies Corp (PULL)

CSE
Symbol
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PULLCSECAD
PRXTFOTC MarketsUSD
Currency in CAD
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0.0100
0.0000(0.00%)
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PULL Comments

$PULL @$0.39 market cap $38.16 MPure Extracts just shipped their initial vape cart order to BC Liquor Distribution Brand following their initial shipping of gummies to the BCLDB last week .Great news as demand is strong for vapes rn within the provincial markets, anticipated revenue to roll in soon IMO from this and other province rollouts.$PULL.C states these cartridges (produced by a global manufacturer) were specifically chosen for the quality of their component parts, their fit and finish and their performance characteristics when paired with Pure Extracts’ oil concentrates.
$PULL $PRXTF up 5.3% at $0.39 , market cap $38.65 M$PULL.CN is really on a roll in Canada and in a great position for US entry.They’ve got multiple revenue streams going and feet in many doors from white labels to their spring product launch to functional mushroom wellness products to supplying medical cannabis.expansion throughout Canada is ramping up as Pure Extracts’ products are making their way to the shelves in 4 provinces.All of this momentum is key as they prepare to enter Michigan, one of the top 3 hottest cannabis markets in the US.2021 US projected cannabis sales will grow at a 28% clip and then by 29% in 2022.By the end of 2022 they will be worth $30.5 Bn.Vape sales will be worth 6.5 Bn and edibles will be worth $3 Bn.Their transaction with a multi-state operator (MSO) in Michigan continues to move forward and PULL hopes to have that closed within the month. $PULL expects their products to be distributed and on-shelves in Q4 of this year.
$PULL $PRXTFtoday Pure extracts announced they signed a custom white label agreement with Joe’ Hemp Shack Ince ( of Green Light solutions Corp.) to launch a line of vape products !This collaboration calls for the initial extraction & formulation of premium hemp into high quality CBD vape cartridges with a reliance on PULL’s 30+ proprietary formations and optimized hardware.CEO Ben Nikolaevsky is stoked to be launching a white label product with new parter, and fellow BC company, GLS. They utilize their small batch cannabis and high potency CDB hemp to create state of the art products.The addition of GLS shows PULL is executing their said strategy to get craft producers white label products in provincial dispensaries.Now, with increased capacity and flexibility from their new cosolvent injection system, $PULL is driving up to $3 M annual revenue from this vertical.$PULL.CN green @ $0.38 , market cap $37.18 Mfull news releasehttps://pureextractscorp.com/news/pure-extracts-signs-white-label-agreement-with-british-columbia-based-green-light-solutions
I’m calling the bottom support here at $0.25, the stock has been struggling over the past couple of months, but that doesn’t change the fact that $PULL is stabilizing its revenue sources and solidifying the fundamental business. Just looking at the news flow from the beginning of April makes me confident in the future. I believe that by 2022 they’ll have significant revenue that’ll make today’s valuation of $20M look like a Black Friday sale.
news and prospects for PULL seem to be quite good. I wonder why the share price continues to fall?
https://finance.yahoo.com/news/repeat-pure-extracts-enter-us-130000343.html
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