Pure Extracts: The Michigan Expansion – The Daily Dive
For the final episode of this week of The Daily Dive, we are joined by Ben Nikolaevsky, CEO of Pure Extracts (CSE: PULL). Ben joins us this afternoon to discuss Pure’s announcement on Thursday, wherein they revealed they have entered into the US market via an LOI for a joint venture agreement in Michigan.
The joint venture arrangement will see the company partner with an undisclosed publicly traded multi state operator. Under the arrangement, the company is to install a cannabis and hemp extraction system within an existing Michigan facility. The MSO, whom is unnamed, has a track record of success in Oregon while also producing products in Michigan for distribution to over 100 dispensaries.
FULL DISCLOSURE: Pure Extracts is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover Pure Extracts on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.
As the founder of The Deep Dive, Jay is focused on all aspects of the firm. This includes operations, as well as acting as the primary writer for The Deep Dive’s stock analysis. In addition to The Deep Dive, Jay performs freelance writing for a number of firms and has been published on Stockhouse.com and CannaInvestor Magazine among others.
