Breaking News: Pure Extracts Technologies Corp. (PULL) (PRXTF) (A2QJAJ)
256Breaking News: Pure Extracts Technologies Corp. (PULL) (PRXTF) (A2QJAJ) - RICH TV LIVE - July 13, 2021 - Pure Extracts Technologies Corp. (CSE:
PULL) (OTC: PRXTF) (XFRA: A2QJAJ) (“Pure Extracts” or the “Company”), a plant-based extraction
company focused on cannabis, hemp, functional mushrooms and the rapidly emerging psychedelic sector,
is pleased to announce that its wholly-owned subsidiary, Pure Mushrooms Corp., has submitted a licence
application to Health Canada’s Natural and Non-Prescription Health Products Directorate for a blended
functional mushroom wellness product.
This application for a blend of cordyceps, reishi and lion’s mane follows-up on the Company’s successful
launch on its Amazon online e-Commerce store of sales of its reishi and maitake formulations. These 2
products are appealing to both men and women with 57% of purchases coming from men and 43% from
women with the most sales occurring in California followed by Florida then Georgia.
The new blended formula provides antioxidants that help protect cells against the oxidative damage caused
by free radicals. It is also used in Herbal Medicine as a liver tonic, to support the immune system and as an
adaptogen to help increase energy and resistance to stress. Product launch is expected to occur in Q4 2021.
Pure Extracts’ CEO, Ben Nikolaevsky, remarked, “We are excited to be creating our next Pure Mushrooms’
products for our direct-to-consumer, online store. The functional mushroom wellness market is
experiencing robust sales as many consumers are trying to boost their immune systems in light of the
COVID-19 pandemic. As we build-out our mushroom extraction facility, we plan to bring more products
to market.”
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