TORONTO, April 3, 2019 /CNW/ - Pure Global Cannabis
Inc. (TSX.V:PURE;OTC: PRCNF; FRA:1QS) ("Pure Global" or "Company")
an integrated, growth-oriented life sciences and consumer products
cannabis company, operating through its wholly-owned subsidiary
PureSinse Inc., a Health Canada licensed cannabis producer
("PureSinse"), is pleased to announce a merchant agreement with
BuyWell Corp, a wholly-owned and operated subsidiary of Evergreen
Pacific Insurance Corp. ("Evergreen Pacific"), to include
PureSinse's premium and selected medical cannabis products under
the BuyWell Care Cannabis Coverage Plan.
BuyWell Care is the first of its kind Medical Cannabis
Coverage, which includes access to BuyWell.com, an e-commerce
marketplace for carefully curated health and wellness products and
services. BuyWell Care is part of a robust Evergreen Pacific
ecosystem for which includes approximately 100,000 patients through
its pain clinics and Synergy Health Network, which include
approximately 10,000 who are being treated with cannabinoid
therapies. PureSinse will be amongst a limited number of preferred
licensed providers of premium medical cannabis products to
BuyWell's patient network. PureSinse will list its products on
BuyWell Care's secure platform.
Malay Panchal, President and CEO of Pure Global states, "BuyWell
Care is an important partnership in supporting our medical cannabis
business goals. We carried out a soft launch of our site
mid-January after receiving our Health Canada sales license. This
allowed us to test our systems to ensure it can handle larger
volumes in the coming months. PureSinse now offers same day
shipping within the Greater Toronto
Area. With this we look to become the preferred premium
cannabis provider for BuyWell clients and all medical cannabis
patients by offering the best service and best cannabis products
possible."
Malay Panchal, further states, "Pure Global and Evergreen
Pacific are both patient-focused organizations in pursuit of
improving the health and wellness of Canadians and making a
positive difference in each patient's lives. This agreement creates
an immediate sales channel for PureSinse connecting medical
patients who seek premium quality medical cannabis from a licensed
producer that is focused on patient care."
Robert Wilson, Chief Executive
Officer of Evergreen Pacific commented, "We are excited to have
Pure Global as a preferred LP merchant partner. We are highly
focused on patient experience, a facet of healthcare which has been
overlooked in the past. Medical cannabis is an important part of
the alternative health revolution, and BuyWell Care seeks to
provide Canadians with a marketplace for accessing the best
products, education, and the utmost service. As a
cutting-edge medical cannabis provider in Canada, PureSinse offers exceptional medical
cannabis products and we look forward to working together."
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, and recreational legal markets with uniquely
formulated and purified concentrates. The Company is using the
Canadian market as a springboard to develop and manufacture
GMP-compliant cannabis products for international sale and
distribution with a goal to become one of the most trusted premium
international cannabis brands.
About Evergreen Pacific Insurance Corporation
Evergreen Pacific is a financial services holding company
which owns, operates, and acquires businesses involved in
designing, developing and distributing highly innovative insurance
products and risk management solutions to individuals and
businesses across Canada. Founded
in 2017, Evergreen Pacific is headquartered in Toronto, Canada.
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.
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visit www.pureglobal.com. Follow @pureglobalcanna
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SOURCE Pure Global Cannabis Inc.