Pure Global Cannabis Inc. (TSX.V:PURE; OTC: PRCNF) (the “Company” or “Pure Global” or “Pure“), an integrated growth-oriented cannabis bulk extracts and consumer products manufacturing company, operating through its wholly-owned subsidiary PureSinse Inc., a Health Canada Licensed Producer under the Cannabis Act, is pleased to announce it has received an amendment to its processing license to allow the sale of extracts, topicals, and edibles to medical and legal adult consumer markets.

Receiving this license is timely as the Company recently received its oil sales license enabling it to significantly broaden its product offerings to medical and recreational consumers in the high margin concentrate categories. With the approval to produce and sell extracts, topicals, and edibles, the Company can introduce a full line of premium quality branded and white label cannabis and cannabidiol (“CBD”) products including vape pens, which have been formulated without harmful chemicals, pre-formulated oils, extracts, topicals, and edibles. The Company has submitted 20 SKUs to Health Canada for release as early as December this year and plans on submitting more in the coming months as it expands its product lines in high-margin categories.

Pure Global anticipates receipt of Health Canada approval soon to add over 10,000 square feet of finished eu-GMP grade manufacturing space, comprised of 12 cultivation, processing, and extraction rooms to the Company’s already licensed site. Once the approvals are obtained, the Company can commence activities to enable the sale of bulk concentrates, branded and white label medical, recreational, and wellness products, and co-manufacturing and tolling services.

“Our consumer and B2B brands have been developed to take full advantage of cannabis derivative products. Receiving this license is a big step for Pure”, said Pure Global CEO & President, Malay Panchal. “We have the equipment in place to provide premium cannabis extracts, topicals, and edibles for consumers and companies looking for the highest quality products. We have worked very hard to put in place an organizational structure that will create significant value for our shareholders. This licensing approval is significant step in our journey as it allows us to participate in the newly released edibles and concentrates regulations that went into effect October 17, 2019,” added Mr. Panchal.

SOURCE Pure Global Cannabis Inc.