Pure Global Cannabis Announces Board Change
October 18 2019 - 5:11PM
Pure Global Cannabis Inc. (TSX.V:PURE; OTC: PRCNF)
(the “
Company” or “
Pure
Global”), an integrated growth-oriented cannabis
manufacturing company, operating through its wholly-owned
subsidiary PureSinse Inc., a Licensed Producer under the Cannabis
Act, announces that Mr. Brian O’Neill has informed the Company of
his resignation from the Company’s board of directors effective
October 16, 2019. Pure Global wishes to express its appreciation to
Mr. O’Neill for his services to the Company.
“On behalf of my fellow directors, the Company’s
management team and our shareholders, I’d like to thank Brian for
the contributions he made during his tenure on Pure Global’s
board,” CEO & President, Malay Panchal said. “We are currently
evaluating our alternatives and will look to fill the vacant role
with a suitably qualified and experienced individual,” Mr. Panchal
further added.
ABOUT PURE GLOBAL CANNABIS
Pure Global is a cannabis manufacturing company
led by experienced pharma, biotechnology, horticultural, and
consumer packaged goods 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, processing, and
GMP-compliant manufacturing. Pure Global manufactures bulk
cannabinoid extracts, as well as branded and white-labeled cannabis
products for the medical, wellness, health & beauty, food &
beverage, and adult legal markets, with formulated and purified
concentrates, distillates, extracts and dried flower. Pure Global
is also in the process of deploying a joint operation in China for
large scale hemp derived bulk cannabidiol (“CBD”) manufacturing and
processing for international bulk and finished product sale.
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.
Further Information
For further information regarding Pure Global,
please contact:
Stephen Pynn VP Corporate DevelopmentTelephone:
1-866-899-PURE (7873)E-mail: stephen@pureglobal.com
Malay PanchalPresident & CEOTelephone:
1-866-899-PURE (7873)E-mail: info@pureglobal.com
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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