Pure Extracts Technologies (CSE: PULL) is set to finally begin trading this Thursday after months of investors patiently waiting for the final go-public date for the firm. The company is set to begin trading on the Canadian Securities Exchange under the ticker symbol “PULL”, a reference to the firms famed Pure Pulls vape pens.
Commenting on the achievement, CEO Ben Nikolaevsky stated, “There currently is a tremendous consumer demand for natural health products with the ability to immediately enhance our quality of life. With Health Canada officially granting Pure Extracts a Standard Processing License under the Cannabis Act, this has put us on a path to deliver full-spectrum oil products by the end of Q4, 2020.”
Pure Extracts, much as its name suggests, is focused on the extraction of cannabis products. The company is currently focused on toll processing, white labelling, and developing its own line of branded products focused on full spectrum THC and CBD. Additionally, the company is expanding its extraction services to the functional mushroom space as it focuses on fully utilizing its extraction infrastructure.
The company currently operates a Health Canada licensed CO2 extraction facility that has been built to EU-GMP standards in Pemberton, BC. The company has indicated that it is currently seeking to obtain this EU-GMP certification to open its operation to international markets.
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