CHV) Partner, Bringing New Cannabis 2.0 to More CanadiansPosted by MMP News AuthorOn March 9, 2021

Mar 08, 2021 (Investor Brand Network via COMTEX) —

• Canada House subsidiary Abba Medix to distribute Pure Extract line of full spectrum oil vape and edible products throughout its nationwide network
• Partnership widens Pure Extracts’ footprint in Canada’s growing Cannabis 2.0 market
• Global extraction product market expected to reach $28.5 billion in next six years
• New agreement strengthens Pure Extracts’ sales channels as it looks towards international expansion

There’s plenty of media coverage about increasing legalization of cannabis for medical and adult recreational use driving a broad market expected to reach $73.6 billion by 2027 (https://cnw.fm/zWr9X), but not as much about the cannabis extraction market that is growing at nearly the same annual clip (18.1% vs. 16.6%, respectively) to reach $28.5 billion at the same time (https://cnw.fm/j3Pv1). Perhaps it is because people can easily grasp the top-level idea of smoking cannabis buds, while the idea of processing cannabis and hemp into tinctures, oils, vapes, edibles and other products like Pure Extracts Technologies (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) does is far more complex. It’s arguable, though, that buds, excluding high-end crafts and medical grade, are a bit of a race to the bottom with…

Mar 08, 2021 (Investor Brand Network via COMTEX) —

• Canada House subsidiary Abba Medix to distribute Pure Extract line of full spectrum oil vape and edible products throughout its nationwide network
• Partnership widens Pure Extracts’ footprint in Canada’s growing Cannabis 2.0 market
• Global extraction product market expected to reach $28.5 billion in next six years
• New agreement strengthens Pure Extracts’ sales channels as it looks towards international expansion

There’s plenty of media coverage about increasing legalization of cannabis for medical and adult recreational use driving a broad market expected to reach $73.6 billion by 2027 (https://cnw.fm/zWr9X), but not as much about the cannabis extraction market that is growing at nearly the same annual clip (18.1% vs. 16.6%, respectively) to reach $28.5 billion at the same time (https://cnw.fm/j3Pv1). Perhaps it is because people can easily grasp the top-level idea of smoking cannabis buds, while the idea of processing cannabis and hemp into tinctures, oils, vapes, edibles and other products like Pure Extracts Technologies (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) does is far more complex. It’s arguable, though, that buds, excluding high-end crafts and medical grade, are a bit of a race to the bottom with…