Pure Extracts Technologies Corp., a plant-based extraction company focused on cannabis, hemp, functional mushrooms and the rapidly emerging psychedelic sector, is pleased to announce that its wholly owned subsidiary, Pure Extracts Manufacturing Corp., has signed a custom manufacturing/white label agreement with Richmond, BC based FLO Brands Inc. (“FLO Brands”), to launch a line of cannabis vape products.
Pure Extracts CEO, Ben Nikolaevsky, remarked, “We are excited about launching a white label product with our new partner, FLO Brands, a fellow BC company. They have enormous capacity to create new cannabis products as the market matures here in Canada and consumer tastes evolve. With the addition of FLO and the increased capacity and flexibility our new cosolvent injection system provides, we have begun to execute our strategy with craft producers and branding specialists to get their white label products into the provincial dispensaries and drive up to $3 million of annual revenue from this vertical.”
FLO Brands is a boutique brand house focused on creating state-of-the-art cannabis-based products utilizing BC’s finest genetics. The agreement calls for the initial production of 3 SKUs of 0.5 gram, 510 vape cartridges. These products will be created by collaboration between the two companies with a reliance on Pure Extracts’ 30+ proprietary formulations. Pure Extracts will be providing co-manufacturing services including all sales and distribution including labelling, packaging, applying of excise stamps and shipping.
FLO Brands CEO, Joseph Ke, added, “We are excited to be partnering with Pure Extracts, a proven leader in the cannabis space, to launch our line of premium cannabis products and are very fortunate to have Ben and his team’s extensive experience on our side.”
About Pure Extracts Technologies Corp.
Pure Extracts features an all-new, state-of-the-art processing facility located just 20 minutes north of world-famous Whistler, British Columbia. The bespoke facility has been constructed to European Union GMP standards aiming towards export sales of products and formulations, including those currently restricted in Canada, into European jurisdictions where they are legally available. Find out more at https://pureextractscorp.com/
About FLO Brands Inc. Cannabis provides a different experience for everyone, yet most can agree that the powerful plant creates a state of flow, where nature is brighter and more beautiful, where thoughts are creative and colourful, and a special energy is emitted when cannabis is consumed. Hailing from British Columbia, we have observed the best practices of cannabis cultivation for decades. Find out more at https://stateofflo.com/
