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Pure Global Cannabis Inc
Symbol PURE
Shares Issued 147,844,801
Close 2018-08-13 C$ 0.30
Market Cap C$ 44,353,440
Recent Sedar+ Documents

Pure Global to purchase 210 kg medical pot from Supreme

2018-08-14 12:43 ET - News Release

Also News Release (C-FIRE) Supreme Cannabis Company Inc (The)

Mr. Malay Panchal of Pure Global reports

PURE GLOBAL CANNABIS ANNOUNCES ADDITIONAL BULK PURCHASE ORDER FROM SUPREME CANNABIS

Pure Global Cannabis Inc.'s wholly owned subsidiary, PureSinse Inc., has agreed to purchase from The Supreme Cannabis Company Inc. an additional 210 kilograms of medical cannabis for resale.

Pure's president and chief executive officer, Malay Panchal, stated: "We are very pleased to secure a significant volume of additional product that meets our standards of quality from our great partner, Supreme. With this order, our company will have ample cannabis inventory to go to market within the next few months, in addition to enabling us to launch several clinical studies in specific therapeutic areas."

PureSinse is one of the first licensed producers to receive a cultivation licence prior to building out growing systems. Instead, the company focused its initial efforts and resources on research and development as well as establishing sales, IT (information technology) and operational systems. This uniquely positions the company to generate sales more quickly and with less upfront capital outlay than its peers.

Pure is positioning itself to be a dominant player in the cannabis pharma, health and wellness, and consumer goods sectors by committing itself to creating unique cannabinoid-based delivery systems and formulations with sustainable packaging. The company will soon begin selling dried flower and cannabis oils, followed by capsules, sublingual sprays, edibles, vape pens, and, ultimately, a full range of premium-quality cannabidiol- and cannabis-based consumer goods for medical and adult-legal sales. The company is also on track to obtain European Union Good Manufacturing Practice (GMP) and ISO certifications in early 2019 for expanding its sales to international markets.

About Pure Global Cannabis Inc.

Pure Global Cannabis is a vertically integrated, growth-oriented life sciences cannabis company led by experienced pharma industry, horticultural, consumer packaged goods (CPG) and supply chain experts. The company's wholly owned subsidiary, PureSinse, is a licensed producer under the Access to Cannabis for Medical Purposes Regulations (ACMPR) focused on producing cannabis products for medical, wellness, health and beauty, and nutraceutical future legal adult-use markets.

About The Supreme Cannabis Company Inc.

Supreme Cannabis is a Canadian publicly traded company committed to providing premium brands and products that proudly reflect its consumers, people and uniquely innovative culture. The company's portfolio includes its wholly owned subsidiary and flagship brand 7Acres.

7Acres is a federally licensed producer of medical cannabis operating inside a 342,000-square-foot facility in Kincardine, Ont.

We seek Safe Harbor.

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