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Pure Global Cannabis (TSXV:PURE) New Listing

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Pure Global is a growth-oriented life sciences cannabis company led by experienced pharma-industry, horticultural, and supply chain experts.

Additional Information:

Company: Pure Global Cannabis
Website: http://www.pureglobal.com
Stock Symbol: TSXV: PURE
Date Published: Jul 16, 2018
Transcript: Available

Video Transcript:

I’m Megan Edwards for Investmentpitch Media

Pure Global Cannabis is the latest new listing on the TSX Venture Exchange, following a reverse take-over of Royal Sapphire Corp.

Pure Global is a growth-oriented life sciences cannabis company led by experienced pharma-industry, horticultural, and supply chain experts.

The company's wholly-owned subsidiary, PureSinse, a licensed producer under the Access to Cannabis for Medical Purposes Regulations, is 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.

The high-efficiency vertical farm method of production maximizes capacity per square foot.

Production activities will be undertaken at an industrial district in Brampton, Ontario, strategically located only 10 minutes from the Toronto International Airport and 35 minutes to the downtown core.

This location offers efficient access to both the Greater Toronto and Hamilton areas, as well as national and international distribution channels.

The initial site is an 18,000-square-foot facility, with a fully-funded option to expand to 41,000 square feet, that will soon be a hub for processing, production, research and development, and distribution.

Utilizing modern commercial horticulture and hydroponic techniques, the company is expecting to produce over 8,000 kilograms of premium-quality dried cannabis per year from this facility and will be looking to significantly expand production footprint and output in the near term.

Construction of Phase 1 at the Brampton facility has been ongoing for two years and is at an advanced stage.

Malay Panchal, CEO of Pure Global and Founder of PureSinse, stated: "After building PureSinse privately over the past four years, I am excited and proud to bring the Pure Global story and team into the limelight of the public markets. We are a purpose-oriented company dedicated to improving lives through access to reliable legal cannabis products while building enduring value for shareholders."

The shares are currently trading at $0.32.

For more information, please visit the company’s website www.pureglobal.com, contact investor relations at info@pureglobal.com.

I’m Megan Edwards for Investmentpitch Media