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Pure Extracts (CSE:PULL) provides Q3 2022 corporate update

Cannabis
CSE:PULL
07 July 2022 11:00 (EDT)

Pure Extracts Technologies (CSE:PULL) has provided a brief summary of recent activities.

The arrival of summer has historically translated into a leap in cannabis sales activity across Canada. Yet, despite the continuing oversupply of dry flower in the marketplace, the extraction sector is now experiencing increasing demand and continues to present new and innovative products to consumers as they expand their appetites beyond dry flower.

Pure Extracts has received purchase orders (POs) from six provinces within the last two months, including the company’s largest PO received to date for a mid-six figure amount.

Since PULL’s last update, its continued expansion across Canada positions the Company to report on several positive activities that it can offer its growing base of partners, stakeholders, and shareholders alike.

This includes market penetration into Canada’s largest province, Ontario, medical cannabis listing agreement with Shoppers Drug Mart, entering into a one-year credit agreement with Pivot Financial I Ltd., increased market awareness and product distribution, new product development, and an enhanced social media & sales support strategy.

Pure Extracts Technologies Corp. (CSE:PULL) opened trading at C$0.03.

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