Another revenue avenue for PULL.c PRXTF announced today! PURE EXTRACTS ORDERS FIRST SHIPMENT OF FUNCTIONAL MUSHROOMS FOR E-COMMERCE STORE
https://pureextractscorp.com/news/pure-extracts-orders-first-shipment-of-functional-mushrooms-for-e-commerce-store
There are a few key items in this News Release and from a macro sentiment (my own opinion and view) that is VERY important.
I went to my local Popeye's Supplement shop a few days ago in Calgary Alberta and they told me 98% of all of their functional mushroom products are sold out. They said they have people who call every few days asking if they got more stock, when stock will be in, if they can hold it for them, etc. I decided to go to another Popeye's store a few KMs away and they had the exact same issue where all their functional mushroom products are selling like crazy! This store told me it was a lot of people trying to boost their mental health and that the lockdowns had really taken a toll on their wellbeing. I'm sure there are many reasons why people take functional mushrooms, but the bottom line is, that they are selling out all over the place and will make people a lot of money!
This is just in my city. But look at the macro's and the growing demand for functional foods/mushrooms. There appears to be more growth in Functional Mushrooms than CBD as a health/wellness supplement. PULL is at the forefront of this market. Soon they will be able to sell this end user product with their 'Natural Health Product number: https://www.globenewswire.com/news-release/2021/02/03/2168710/0/en/Pure-Extracts-Announces-Submission-for-Class-1-Natural-Product-Number-NPN.html
" Pure Mushrooms has developed three premium, functional mushroom formulations, that come in safe and convenient vegan capsules. These products will be available through its online e-Commerce store with sales of Reishi and Maitake formulations expected to commence in April and sales of a Lion’s Mane formulation expected to commence in June. "
So we will have 3 product lines and these 3 are they are 3 of the most popular functional mushrooms.
"Each formulation has the potential to generate $15,000 in gross sales per month. "
So can can expect up to $15,000 per formulation, or $45,000 per month in total revenue. and that is just for the 3 forumations they have developed so far... " As we build-out our mushroom extraction facility, we plan to bring more products to market.” ... they are planning to scale already! :))