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Bullboard - Stock Discussion Forum Pure Global Cannabis Inc PRCNF

Pure Global Cannabis Inc is a growth-oriented life science cannabis company led by experienced pharma-industry, horticultural and supply chain experts.

GREY:PRCNF - Post Discussion

Pure Global Cannabis Inc > Pure Global is Fully Funded ! Cha Ching!
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Post by robvc on Mar 01, 2019 1:23pm

Pure Global is Fully Funded ! Cha Ching!

The company’s build-out of this facility is underway with the first of three phases already complete…and Phase 2 and 3 being built concurrently. Most importantly…the company is fully funded through all 3 phases.

The facility is expected to come online in Q1 2019 and when complete will have a capacity of 8,000 kg per year.

But what is most exciting about Pure Global’s upcoming growth potential is the fact that they will soon open a one-of-a-kind cannabis farm developed in a soil-less, pesticide-free environment.
FYI buy low sell real high :)

Comment by MakingIt on Mar 03, 2019 8:17pm
Pure's grow system is not as special as they claim. Nor is it unique. According the the numbers the CEO himself gave, they are producing less per square foot of canopy vs. comparible grow systems. Other growers are using multi-ponic set ups... and many experts consider aero-ponic superior to multi... other growers are using verticle systems, and Pure is using a column type vert system, others ...more  
Comment by Toelder on Mar 04, 2019 3:42am
Nader Gheshlaghi, PhD, MSc VP, Production, PureSinse Inc. World renowned Plant Genetics & Pathologist, has managed large-scale grow operations for hundreds of medical and commercial plant varieties around the world with international industry and academic awards, and many patents. Shall we give him a chance? I will.
Comment by MakingIt on Mar 04, 2019 9:22am
I did. Invested a fair amount of money into them. But decided at the moment, there is too much not adding up based on statements they have made. And that does not change how the production numbers (given by the CEO) compare to competitors. Plus there are competitors who have multiple grow experts on staff... what happens if Nader gets hit by a bus one day? And he is not a true expert in Cannabis ...more  
Comment by JMark80 on Mar 04, 2019 10:27am
Agreed! 
Comment by robvc on Mar 04, 2019 7:44pm
Yeah it's all doom and gloom guys better sell so you can go somewhere else and have your pity party. All you have said is speculation no facts. Lets see why would anyone compare pure global with Canopy or Tiray for top 3 leaders in the medical marijuanna indusrty. Hmmm must be a mistake right. Yeah. Nothing adds up ? Fully funded, debt free, one of the strongest teams in the indusrty with ...more  
Comment by MakingIt on Mar 06, 2019 9:34am
I never compared Pure to any of those LPs. I have stated facts about Pure multiple times.... its a fact that the CEO gave production estimates in an interview... its a fact that they are estimating lower production per square foot vs. comparable growers (not the big LPs but true competitors who are growing premium quality flower with advanced indoor grow set ups). I stated facts, the math behind ...more  
Comment by Toelder on Mar 06, 2019 10:02am
I respect your honest opinion. Could you share a link of the interview with Malay Panchal where he stated the production estimates?  Personally, I still have faith in the Pure team. Don't forget they got an production license from Health Canada, without showing prior cultivaltion activities. That shows expertise in my opinion. The decision to buy product from Supreme and Isodiol ...more  
Comment by MakingIt on Mar 06, 2019 2:03pm
Here you go, it is by far one of the most informative interviews he has done (imo): https://www.youtube.com/watch?v=ifaiUs5UJ1c My point is that the main thing said about Pure is "they have an advanced growing system". And any verticle based system certainly does produce more than a traditional single teir system, that is a given. But is it better than other competitors doing the same ...more  
Comment by Toelder on Mar 07, 2019 3:40am
Thanks for your answer and the link! It is definitely nice to hear a different point of view. Personally, I have no real experience regarding inhouse growing so it is difficult to compare. But IF you are right, I still believe their numerous high quality pharma CBD products that they will deploy globally, will give them enough margins to get nice revenues. That would bring the share price ...more  
Comment by MakingIt on Mar 07, 2019 9:16am
No problem. Indoor grows are very different than greenhouses or outdoor. Generally speaking, indoor is able to produce a higher quality product because of the controlled environment. And it is able to produce a much higher volume per square foot vs. most greenhouse setups. But all indoor grows are going to be pesticide free. All indoor grows have the ability to be organic. All indoor grows are ...more  
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