CSE:PULL - Post Discussion
Post by
5baggercalls on Mar 30, 2021 3:41pm
Ben Nikolaevsky drops some MAJOR HINTS in this interview
https://goldinvest.de/videos/video/673-pure-extracts-technologies-das-zweite-quartal-wird-heiss PULL has 3 lines of business.
- Tolling
- White Labeling
- PULL developed products (Pure Pulls, Pure Mushrooms, Pure Chews)
All 3 of these lines of business will have significant revenues soon. Ben discuses revenue from some of these channels.
- $250-500K per province in orders. 2 provinces under contract. Ontrario will be coming in May, others too.
- White labeling contracts are on average $250k/ contract. (it would be interesting to do the math with how many contacts they currently have)
- Launching of their Pure Mushroom brand for functional mushrooms started this month and will be live by April on Amazon and other retail distributers. Important note is that functional mushrooms are Amazon’s BIGGEST growth category in the Nutraceuticals space. Their current partnership is with Purica, which is the LARGEST functional mushroom business in Canada and their partnership is creating a CBD infused functional mushroom product.
Expansion plans:
- Ben mentions that PULL has multiple products in the pipeline that will be released regularly throughout the course of 2021. He said that 30 different products are under review with Health Canada waiting for approval. \
- A partnership with 5 hour energy shot
- Psilocybin Nasal Spray – PULL already has experience with this in the grey market. But they are currently working on a nasal spray that will allow patients and doctors to make a psychedelic treatment much quicker. Currently patients can’t afford to take an 8 hour trip. Their time away from the office, home, etc is too valuable and can’t afford this long in a therapy treatment. At the same time, the revenue model is not profitable for doctors to administer an 8 hour session with 1 patient. This nasal spray will cause a trip/therapy to happen in a shorter time period, and within 3 hours the patient will be able to return fully to their normal life… back at the office, being mom/dad to their children.
MOST IMPORTANT FACTOR, imo, is that Ben stated PULL / PRXTF will be profitable by Q2 /Q3…. This will be a MAJOR milestone. Q2 starts this week. Get ready for MAJOR revenue announcements.
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