Mr. Ben Nikolaevsky reports

PURE EXTRACTS SUBMITS MULTIPLE SKUS TO HEALTH CANADA FOR APPROVAL

Pure Extracts Technologies Corp.'s wholly owned subsidiary Pure Extracts Manufacturing Corp.'s distribution partner has submitted a notice of new cannabis product (NNCP) application to Health Canada on behalf of the company, seeking approval for its retail cannabis products, including cannabis extracts and edible cannabis.

The company submitted over 20 stock-keeping unit (SKU) product identifiers for approval, including THC (tetrahydrocannabinol) vapes, CBD (cannabidiol) vapes, one-to-one blended vapes and three different flavours/formulations of gummies. The company plans to launch these products under its Pure Pulls vape and Pure Chews gummy branded product lines, and is looking forward to having them listed for sale with provincially authorized distributors and retailers nationwide.

Pure Extracts is continuing to develop its portfolio of cannabis 2.0 products with emphasis on its 34 proprietary formulations of Pure Pulls branded full-spectrum oil (FSO) vape products and on its new line of Pure Chews edible gummies manufactured under licence from Taste-T LLC, the manufacturer of Fireball cannabis gummies.

Pure Extracts chief executive officer Ben Nikolaevsky remarked, "We create products that are in high demand by provincially authorized distributors and retailers nationwide, and are looking forward to having our high-quality FSO products in consumers' hands early in [second quarter] of this year."

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, B.C. The bespoke facility has been constructed to European Union GMP (good manufacturing practice) standards aiming toward export sales of products and formulations, including those currently restricted in Canada, into European jurisdictions, where they are legally available. On Sept. 25, 2020, Pure Extracts was granted its standard processing licence by Health Canada under the Cannabis Act, and the company's stock began trading on the Canadian Securities Exchange (CSE) on Nov. 5, 2020.

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