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Pure Extracts (CSE:PULL) ships initial order of edible gummies to Alberta

Cannabis
CSE:PULL
16 September 2021 16:15 (EDT)

Pure Extracts Technologies (PULL) has shipped its initial order of edible gummies to Alberta Gaming, Liquor & Cannabis (AGLC).

The shipment includes both Pure Chews THC gummies and Pure Chews ultra-high potency CBD gummies. The gummies come in flavours such as Fire Burst, Mango, Strawberry and Blue Raspberry.

Ben Nikolaevsky, CEO of Pure Extracts, commented,

“We are […] looking forward to a successful long-term relationship with AGLC that leads to a satisfied customer base and a significant contribution to our annual revenue.”

The new gummy products are made using a proprietary manufacturing system licensed from a U.S.-based company that created the successful Fireball Cinnamon gummies.

Pure Extracts expects that the Fire Burst gummy, like its U.S. counterpart, will be one of the top selling gummies in the Canadian market.

“We have created the high-quality products that consumers now demand,” added Mr. Nikolaevsky, “and believe that we will quickly build brand loyalty with both legacy and new entrants in the edible space.”

Pure Extracts is a plant-based extraction company focused on cannabis, hemp, functional mushrooms and the rapidly emerging psychedelic sector.

The company’s new 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 Technologies (PULL) is currently down 1.39 per cent, trading at $0.355 per share as of 3:09 pm ET.

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