Pure Extracts Corp | IPO Round
Who: Pure Extracts is positioned to be the premier commercialization and manufacturing partner for functional mushroom companies. The company is applying for a Dealers License with Health Canada and once approved will enable them to buy, sell, test and produce psychedelics in an EU GMP environment.
Financing Details:
- Raising C$5,000,000 at $0.30 per share
- Pre-Money Valuation of ~$16MM
- Anticipated CSE listing Q3, 2020 (Trade date + 4 month hold)
Request an Introduction to Pure
Traction:
- Pure has contracted $30MM in sales for first year of operations
- 5 Years experience of volatile plant molecule extraction
- Purpose-built EU GMP compliant facility, allowing for international distribution
Team:
- Ben Nikolaevsky: CEO
- Holds over a decade of experience in corporate leadership roles across the natural products, agriculture and cannabis sector.
- Most recently President & CEO of Natura Naturals Inc., a privately held Canadian LP of cannabis that was acquired by Tilray Inc. (NASDAQ: TLRY) in February 2019.
- Doug Benville: COO & Co-Founder
- Master extractor with proven expertise in scalable formulas and processes.
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