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Extraction Company Exports First Shipment of Cannabis Oil Extracts to Germany

Stockhouse Editorial
3 Comments| March 16, 2022

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Plant-based extraction company Pure Extracts Technologies Corp. (CSE: PULL, Forum) announced on Wednesday that it had exported its first batch of cannabis oil extracts to a German pharmaceutical company under a Health Canada export permit.

The company said it had purchased Canadian grown, EU-GMP certified, dry cannabis flower and extracted it into 65% pure THC full spectrum oil and into 85% pure THC distillate. These extracts will be furthered processed in Germany into an ultra-pure form of THC for medicinal purposes.

Pure Extracts’ CEO, Ben Nikolaevsky said in a news release that it is gratifying to have had their concentrates selected by a German pharmaceutical company for use in their medical products.

“We are excited about the entire European market opportunity for our extracts.”

The team believes that this initial sale will pave the way for longer term supply agreements into Germany, Europe’s most important market and the Company plans to continue seeking export opportunities for its products in other European countries wherever they can be legally sold.


New to investing in Cannabis? Check out Stockhouse tips on How to Invest in Cannabis Stocks and some of our Top Cannabis Stocks.

For more of the latest info on Cannabis, check out the Cannabis Trending News hub. Or, for lively sector discussion, visit Stockhouse’s new Cannabis Bullboards page.




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