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Pure Extracts and Canada House Wellness Group sign agreement to distribute concentrate products

Pure Extracts and Canada House Wellness Group sign agreement to distribute concentrate products
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Pure Extracts and Canada House Wellness Group sign agreement to distribute concentrate products through existing provincial distribution channels

Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) ( “Pure Extracts”) a plant-based extraction company, focused on cannabis, hemp, functional mushrooms and the rapidly emerging psychedelic sector, and Canada House Wellness Group (CSE: CHV) ( Canada House ), a fully integrated medical cannabis company (together “the Companies”), are pleased to announce that they have entered into a Cannabis 2.0 distribution agreement (the Agreement ). Under the terms of the Agreement, Canada House s wholly owned subsidiary, Abba Medix Corp. ( Abba ), will distribute Pure Extracts line of concentrate products through its established provincial distribution channels. We ve been extremely impressed with the Pure Extracts team and the brand presence they have established, particularly in the western provinces, and are looking forward to supporting their commercialization efforts in a mutually beneficial way, commented Chris Churchill-Smith, Canada House CEO.

Canada House Enters into Agreement with Pure Extracts to Distribute Concentrate Products

Pure Extracts and Canada House Wellness Group sign agreement to distribute concentrate products through existing provincial distribution channels

Pure Extracts and Canada House Wellness Group sign agreement to distribute concentrate products through existing provincial distribution channels
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Canada House Wellness Group Reports Second Quarter Fiscal Year 2021

TORONTO, Dec. 29, 2020 /CNW/ - Canada House Wellness Group (CSE: CHV) ( Canada House or the Company ) is pleased to report its financial results for the three and six months ending October 31, 2020. All amounts are stated in thousands of Canadian dollars and can be found at www.sedar.com. Financial Highlights: Cash position was $1,616 as at October 31, 2020 compared to $1,767 as at April 30, 2020. Revenue for the three and six months ending October 31, 2020 was $2,263 and $4,790, an increase of $972 and $2,209 or 75% and 86% compared to $1,291 and $2,581 for the same periods in the prior year. Loss and Comprehensive loss for the three and six months ending October 31, 2020 was $2,059 and $2,691 compared to $1,717 and $3,439 for the same periods in the prior year.

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