TORONTO, March 5, 2019 /CNW/ - Pure Global Cannabis Inc.
(TSX.V:PURE; OTC: PRCNF; FRA:1QS) (the "Pure Global" or
"PURE") an integrated, growth-oriented life sciences and
consumer products cannabis company, operating through its
wholly-owned subsidiary PureSinse Inc. ("PureSinse" or the
"Company"), is pleased to provide an operational and oils
sales license update. Last week, the Company received confirmation
from Health Canada for its process inspection in preparation to
sell cannabis oils to the Canadian market.
PureSinse can now begin the production of cannabis oils at
its Brampton, Ontario facility. The output of oils,
capsules, vape pens, topicals, and sublingual-sprays are slated to
be sold in both domestic and global markets. Earlier this year, the
Company purchased high-throughput CO2 extraction equipment and
completed construction of its extraction facilities. Pure Global
now has the capacity to purify, formulate, extract and process to a
volume of 10 kg of oil per day, up to 10,000 capsules per hour,
10,000 vape cartridges per hour, and 2,000 (60ml) tincture bottles
per hour.
Pure Global is focused on developing quality, non-combustible
cannabis extracts for its medical patients, which will be supported
and enhanced by the Company's pharmaceutical formulations team.
Formulation, purification, extraction and packaging are carried out
in-house to ensure comprehensive mid-process testing for quality
assurance purposes. The Company has recently secured eight
new cannabis strains which include high CBD strains and premium
craft cultivars, which will soon become available to medical and
legal adult use consumers through its online store and provincial
retail partners.
Pure Global's updated cultivation infrastructure is nearing
completion and awaiting additional Health Canada approvals to
initiate cultivation. While the company awaits, it will continue to
source a library of genetics, low-cost, high-quality CBD inputs,
and develop differentiated products to service its medical patients
and soon to be announced consumer brands.
Nader Gheshlaghi, VP Production
and Operations at PureSinse, has been at the forefront of
operationalizing what is intended to become a first-class
cultivation, extraction, production and processing facility.
Gheshlaghi comments, "We have built internal processes so that the
facilities' staff can be notified about any potential contaminants
which ensure a superior level of product quality and consistency."
This also includes auto-notifications about air contaminants and
other potential pollutants that can be identified early.
Gheshlaghi also notes that PureSinse has a quality assurance lab
with the ability to provide rapid-microbiology testing within 24-48
hours, rather than the usual two-week turnaround time external labs
provide. This will greatly speed up processing times for Pure
Global's customers while also reducing production costs.
"We are excited about the next stages of our business as our
production systems come online, we solidify our brand position for
the medical and consumer channels, and we initiate the scalable
manufacturing of various product lines intended for Canadian and
international markets," commented Malay Panchal CEO of PureSinse
and Pure Global. "Most exciting are the lines of CBD-based products
we are looking to deploy shortly into the medical, cosmetics, and
wellness categories, with a view to helping meet the growing demand
in Europe and additional countries
as they come online," added Mr. Panchal.
About Pure Global Cannabis
Pure Global Cannabis Inc. (TSX.V:PURE; OTC:PRCNF;
FRA:1QS) is an innovation-based cannabis company led by experienced
pharma, biotechnology, horticultural, and consumer packaged goods
(CPG) experts. The company's wholly owned subsidiary, PureSinse
Inc., is a licensed producer under the Cannabis Act. The
company's Brampton campus houses
facilities for vertically farmed cultivation, R&D, extraction,
manufacturing, and distribution. Pure Global will produce branded
and white-labeled cannabis products for the medical,
pharmaceutical, wellness, health & beauty, natural health, food
& beverage, craft, and recreational legal markets with uniquely
formulated and purified concentrates and dried flower. The company
is using the Canadian market as a springboard to develop and
manufacture GMP-compliant premium quality cannabis products for
international sale and distribution with a goal to become one of
the most trusted premium international cannabis brands.
To register to Pure Global's mailing list, please
visit www.pureglobal.com. Follow @pureglobalcanna
on Twitter and Facebook and @pureglobalcannabis
on Instagram.
FORWARD-LOOKING STATEMENTS
This news release contains certain forward-looking statements,
including, but not limited to, statements about Pure Global's
future plans and intentions. Wherever possible, words such as
"may", "will", "should", "could", "expect", "plan", "intend",
"anticipate", "believe", "estimate", "predict" or "potential" or
the negative or other variations of these words, or similar words
or phrases, have been used to identify these forward-looking
statements. These statements reflect management's current beliefs
and are based on information currently available to management as
at the date hereof.
Forward-looking statements involve significant risk,
uncertainties and assumptions. Many factors could cause actual
results, performance or achievements to differ materially from the
results discussed or implied in the forward-looking statements.
These factors should be considered carefully, and readers should
not place undue reliance on the forward-looking statements.
Although the forward-looking statements contained in this news
release are based upon what management believes to be reasonable
assumptions, Pure Global cannot assure readers that actual results
will be consistent with these forward-looking statements. These
forward-looking statements are made as of the date of this news
release, and Pure Global assumes no obligation to update or revise
them to reflect new events or circumstances, except as required by
law.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSXV)
accepts responsibility for the adequacy or accuracy of this
release.
To register to Pure Global's mailing list, please
visit www.pureglobal.com. Follow @pureglobalcanna
on Twitter and Facebook and @pureglobalcannabis
on Instagram.
SOURCE Pure Global Cannabis Inc.