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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 by User

Comment by Toelderon Sep 11, 2019 3:21am
90 Views
Post# 30115558

RE:RE:RE:What Happen

RE:RE:RE:What Happen
Jonasss wrote: Market is still bearish. I expected at least breaking the 0.12 wall by end of the day but that didn't happen. But I'm still in the optimistic mode as PURE are sitting on few significant NRs that will come out soon. Major International deal NR should be announced very soon which should lift the SP to new levels. I'm still being patient and waiting for bulls to wake up. Fyi HVT got their oil sales license couple of days ago as well and barely went up so we need to be patient and trust that our current market cap is way lower than any company that has licenses that we have. We have licenses and facility that is about to start cultivation and extraction. So trust in the management, be patient and soon you will break even and make profit. Fyi soon we will hear about financing. This NR might lift our SP ad well as I heard they are in talks with one of largest Canadian banks. If a bank approved to finance construction of phase 3 this means that is approval that large bank believes that PURE will be able to make profit and pay back the loan. Let's wait and see.
ShinyGlass wrote: We are all hoping here... And I hope we are not wrong about PURE :( Something BIG has happen in order to see $0.22-$0.25 again. Hope its coming :)




Yeah you are right! Market is still bearish, indeed Harvest One Cannabis did nog gain much with an oil license as well. 

WE GOT AN OIL LICENSE PEOPLE. WITH A MC OF LIKE 15M. For example; Harvest One has a MC of 109M.. 

This is a big achievement for Pure and is key for their future plans; because we have already great brands and products in line, with a facility that is up and running soon with inhouse capabilities all accounted for. With intentions to export to 8 countries by beginning of 2020 and 100 in 2030. With a credible CEO that is talking on GROWup conference this friday about compliance and following the rules.

Pure has a MC of like 15M, WTF haha.. Smarten up market!

Ofcourse I am irritated that it's not been rewarderd with a higher SP, but I wait already for so long.. I can wait a little longer, eventually the rest will see the potential of Pure like we all do.

Have faith in the fundamentals and do extra DD if you feel uncertain about it. When the market wil become bullish and (big) investors will see the upside of Pure, we will see higher levels real soon. GLTA
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