- Pure Extracts (PULL) signs white label agreement with West Coast Licensed producer
- The agreement calls for the extraction of premium cannabis supplied by the LP and the subsequent formulation into high quality, full-spectrum oil
- These products will be created by collaboration between the two companies with a reliance on Pure Extracts’ 30 plus proprietary formulations
- The initial order has an approximate retail sales value of $525,000
- Pure Extracts Technologies Corp. (PULL) is in the grey, trading at C$0.12 at 10:13 am EST
Pure Extracts (PULL) has signed a custom manufacturing/white label agreement with a West Coast Licensed Producer to launch a line of vape products.
The agreement calls for the extraction of premium cannabis supplied by the LP and the subsequent formulation into high-quality, full-spectrum oil (FSO) one-gram vape cartridges.
These products will be created by a collaboration between the two companies with a reliance on Pure Extracts’ 30 plus proprietary formulations and its optimized vape hardware.
Pure Extracts will be providing co-manufacturing extraction services. The initial order has an approximate retail sales value of $525,000
This science-based LP has extensive experience in the growing medical-grade cannabis for patients and is now about to apply their experience towards producing first-rate cannabis for the legalized adult-use market in Canada.
Their meticulous standards are used at every step of product development, from growing and processing to R&D.
Pure Extracts CEO, Ben Nikolaevsky, remarked, “We are excited about launching a white label product with our new customer, as they are focused on creating state-of-the-art products utilizing cannabis they grow themselves.”
“…we have begun to execute our strategy with high-quality producers and branding specialists to get their white label products into the provincial retailers and drive up to $3 million of annual revenue from this vertical,” added Nikolaevsky.
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.
Pure Extracts Technologies Corp. (PULL) is in the grey, trading at C$0.12 at 10:13 am EST.
