Wednesday, April 28, 2021
12:14 PM EST – Pure Extracts Technologies Corp. : Announced that its wholly owned subsidiary, Pure Extracts Manufacturing Corp., has signed a tolling agreement for the extraction of 80-85% pure CBD distillate from an initial 500 kgs of hemp biomass. The biomass was sourced from one of Pure Extracts’ preferred suppliers and has a CBD potency of just over 10%. This biomass, with its specific particulate mill size, runs very efficiently on the Company’s Vitalis R200 sub/super-critical CO 2 extraction system. The high level of purity in the extracted CBD distillate makes it an ideal ingredient for vape cartridges, topicals, beverages and edible gummies and chocolates. Pure Extracts CEO, Ben Nikolaevsky, remarked, “We are pleased to have entered into this tolling agreement and to have taken delivery of the first 500 kg of milled hemp biomass. We are very familiar with this particular biomass having used it before in the manufacturing of our in-house, branded products, so we know it extracts very well.” Pure Extracts Technologies Corp. (C.PULL) shares were up 16.18 percent at 0.395.
Stocks in Play: Pure Extracts Technologies Corp., Wed, 28 Apr 2021 12:27:06 EST