Supreme Cannabis Company Inc. (The) T.FIRE

Pure Global Cannabis Inc. announces strategic Agreement

[kijiji]

TORONTO, July 27, 2018 /CNW/ - Pure Global Cannabis Inc. (TSXV:PURE.V - News) (OTC:PRCNF - News) (the "Company" or "PURE") is pleased to announce that its wholly-owned subsidiary, PureSinse Inc. ("PureSinse") has signed definitive Supply Agreements with The Supreme Cannabis Company, Inc. ("Supreme") (TSXV:FIRE.V - News) and two other reputable Access to Cannabis for Medical Purposes Regulations ("ACMPR") Licensed Producers, from whom PureSinse has purchased various quantities of premium quality medical cannabis that meet the high-quality standard requirements of PURE.

 

These Agreements represent a significant milestone for PureSinse, as it has now received the necessary product required to obtain a Sales License under the ACMPR which is expected in Q3 2018.

 

Pure Global President & CEO Malay Panchal stated: "Procuring adequate supply of quality cannabis is an important milestone for PURE as we approach our full market launch for serving medical cannabis patients across Canada within the next several months."  "We will continue to work with Supreme and several other premium quality ACMPR producers to execute Phase I of our business model to initiate revenue generation as soon as possible," Panchal added.

 

About Pure Global Cannabis

 

Pure Global Cannabis Inc. (TSXV:PURE.V - News) (OTC:PRCNF - News) is a vertically integrated growth-oriented life sciences cannabis company led by experienced pharma-industry, horticultural, and supply chain experts. The Company's wholly-owned subsidiary, PureSinse, is a licensed producer under the Access to Cannabis for Medical Purposes Regulations ("ACMPR") focused on producing premium-quality cannabis products for medical, wellness, and future legal adult recreational use. The Company is launching Canada's first multi-ponic cannabis farm – a patent-pending system that is expected to produce several fold greater yields over traditional methods while reducing cost and eliminating pesticide and herbicide use.

[maritimedreamer]

another partner recognizing our brand and quality! We are starting to have a fine list of partners here! This is just more revenue for SUpreme, great job fowler and team. I had a great read last night about a potential supply shortage, which def sounds possible.... as so many companies have these lavish buildout plans but come OCt they have a small percentage of what their build out capacty will

[Tomharley]

All the agreements mean nattah thing. There will be no shortage. Look how many companies and ramp ups there are now.

[maritimedreamer]

Timmy tim tom....... yes 103 companies with cultivation lisence...... butttt oh wait only 52 with sales! so you are telling me between now and oct all 51 other companies will get their sales? Come on now what a joker...... it is well know thorughout the market that there will def be an initial supply shorage..... with every kg grown by all those with a sales lisence does not add up to 500k kg

[Tomharley]

Shake your head dreamer. This valuation is not changing anytime soon. Tell me how you are anyway correct pumping this thing. Told every to exit over 3 bucks. The market doesnt lie. All the cash for building out that's not necessary. On the backs of shareholders. And horrible revenues. John is like the church and you still think the man in the clouds exists lmfao