PULL $PULL $PRXTF up 5.3% at $0.39 , market cap $38.65 M
$PULL.CN is really on a roll in Canada and in a great position for US entry.
They’ve got multiple revenue streams going and feet in many doors from white labels to their spring product launch to functional mushroom wellness products to supplying medical cannabis.
expansion throughout Canada is ramping up as Pure Extracts’ products are making their way to the shelves in 4 provinces.
All of this momentum is key as they prepare to enter Michigan, one of the top 3 hottest cannabis markets in the US.
- 2021 US projected cannabis sales will grow at a 28% clip and then by 29% in 2022.
- By the end of 2022 they will be worth $30.5 Bn.
- Vape sales will be worth 6.5 Bn and edibles will be worth $3 Bn.
Their transaction with a multi-state operator (MSO) in Michigan continues to move forward and PULL hopes to have that closed within the month. $PULL expects their products to be distributed and on-shelves in Q4 of this year.