Pure Extracts (CSE: PULL, tentatively) is positioned for growth in the commercial cannabis and functional mushroom space based on extensive extraction and production experience. With a team of qualified experts in the space and state-of-the-art CO² extraction technology, the Company is set up for long-term strategic distribution and product innovation.
Pure Extracts has 4 key focuses: cannabis and hemp extraction tolling services for Canadian Licenced Producers, ‘white-label’ production for Canadian and international customers, sales of proprietary ‘in-house’ products under the “Pure Pulls” brand, and the production and sale of functional mushroom products.
The Company’s facility, located in Pemberton, BC, is built for EU-GMP certification (allowing for international sales) and aims to produce high quality, high purity formulations on a commercial scale. Solvent free, scalable production allows the Company to develop and deliver white-label formulations to service contract sales.
The Investment Thesis
Pure Extracts is actively preparing for a Canadian Stock Exchange listing under the symbol “PULL” having received conditional listing approval on September 25th.
The Company aims to enter the business to business, recreational and medicinal segments of the cannabis industry as well as the functional mushroom space as a producer of the purest quality extract oils along with a compelling brand development plan.
Propelling into the future on the back of our historically significant retail efforts, we aim to capture a leading role across Canada and beyond.
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.