Pure Extracts Technologies Corp (OTCMKTS:PRXTF) is one of the biggest gainers in Thursday’s trading session on hefty volume. The stock has gained over 30% in the past week.
Market Action
As of 10:04, PRXTF stock moved up 4% to $0.3250 with more than 121k shares, compared to its average volume of 337k shares. The stock has moved within a range of $0.3157 – 0.3320 after opening the trade at $0.3320.
Major Trigger:
Pure Extracts Signs Purchase Order with Private Saskatchewan Cannabis Distributor
Pure Extracts Technologies announced that its wholly-owned subsidiary, Pure Extracts Manufacturing Corp., has signed a purchase order (PO) with a licensed cannabis distributor in the Province of Saskatchewan, further expanding the Company’s presence in Western Canada. Pure Extracts’ Pure Pulls cannabis vape cartridges and Pure Chews edible gummies will soon be available for purchase through select online outlets and private retailers in the province.
The PO calls for the initial purchase of .5 gram full spectrum oil (FSO) THC vape carts, THC/CBD blended vape carts, THC gummies as well as ultra-high potency CBD gummies. These products have been created by Pure Extracts from its IP consisting of 30+ proprietary formulations and all vape products have been optimized to perform flawlessly with the hardware chosen by the Company.
Key Quote:
Pure Extracts’ CEO, Ben Nikolaevsky, remarked, “We are excited about launching our proprietary vape and edible brands in a third Western province. This marks another successful milestone in our country-wide rollout.”
 Stock Jumps Over 30% in a Week: What to Expect Now?){kind=link}