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Pure Harvest Corporate Group, Inc. (PHCG)

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0.4990-0.0060 (-1.19%)
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Previous Close0.5050
Open0.4310
BidN/A x N/A
AskN/A x N/A
Day's Range0.4300 - 0.5050
52 Week Range0.2550 - 0.6000
Volume7,178
Avg. Volume21,942
Market Cap31.357M
Beta (5Y Monthly)0.91
PE Ratio (TTM)N/A
EPS (TTM)-0.0350
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
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  • Pure Harvest Upgrades Rapidly Growing SKM Dispensary in Dumont, CO
    GlobeNewswire

    Pure Harvest Upgrades Rapidly Growing SKM Dispensary in Dumont, CO

    SKM’s Month-Over-Month Sales Contributing to Colorado's Record Cannabis Sales DENVER, CO, Feb. 23, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire – Pure Harvest Corporate Group, Inc. (OTCQB: PHCG), a publicly traded holding company focused on emerging and high-growth industries, is pleased to announce that it is making substantial improvements to its wholly owned Sofa King Medical Wellness Products, LLC (“SKM”) facility located in Dumont, Colorado in anticipation of expanding its licensed marijuana business in the State of Colorado. These improvements are part of the second phase of development for the popular property located immediately off the heavily trafficked I-70 at exit 234 between Denver and Colorado’s world class ski resorts. The initial development phase consisted of converting a previous ski and snowboard rental shop into a world-class, solar-powered retail facility. In May 2020, the all new SKM Dispensary opened to the public and since has recorded month-over-month growth in retail sales. Specifically, SKM experienced back-to-back months with a nearly 20% increase in revenue over the last two calendar months. This expansion reflects the continued growth in the Colorado market as a whole, which reported a record year in 2020 with over $2B in retail sales. The second phase of development includes repaving the dispensary’s parking area, installing additional signage, demolishing an abandoned building located on the premises, and other beautification measures designed to increase curb appeal and customer traffic to the dispensary. To date, the paving of the parking area has been completed along with the demolition of the abandoned structure which greatly increased overall visibility of the dispensary. All permitting required to install the additional signage has been acquired from the local government and installation is expected to commence prior to the end of Q1 2021. Pure Harvest has not yet finalized plans for the third phase of development, but the Company is committed to fully developing the property to increase traffic at the dispensary and generate additional revenues outside the dispensary facility. “Developing this property has always been part of the long-term plan for Pure Harvest and it is exciting and encouraging to witness the progress we have made,” said Matthew Gregarek, CEO, Pure Harvest Corporate Group. “I believe we are just getting started in Dumont, Colorado.” “I am very pleased to see this property begin to evolve and believe the continuing development will be beneficial to our dispensary operations,” stated Neale Gibbons, CEO of Pure Harvest’s Colorado cannabis operations. “As we work towards maximizing dispensary revenues, I am optimistic the noticeable progress will help us achieve our goals at this location and provide a significant revenue line to Pure Harvest.” About Pure Harvest Corporate Group Pure Harvest Corporate Group, Inc. (OTCQB: PHCG) is a publicly traded holding company focused on emerging and high-growth industries. The PHCG team is committed to formulating, manufacturing, and distributing high-quality cannabis and hemp derived cannabinoid consumer products in markets where it is legal to do so. The Company has developed numerous retail brands and product lines that are currently available for purchase in select markets. Pure Harvest intends to grow its marijuana, hemp derived cannabinoids, and research and development operations and expand globally as the laws regarding cannabis are reviewed and rewritten to repeal their prohibition. Additionally, the Company may from time to time disclose public material events via its website at http://www.PureHarvestGroup.com or its social media accounts at the following locations: https://www.facebook.com/pureharvestgroup https://www.linkedin.com/company/49645278/admin/ https://twitter.com/PureHarvestCG Forward-Looking Statements Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933, are subject to Rule 3b-6 under the Securities Exchange Act of 1934 and are subject to the safe harbors created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate. Future events and results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. Investor Relations & Financial Media Integrity Media Inc.team@integritymedia.comToll Free: (888) 216-3595www.IntegrityMedia.com Company Contact:Pure Harvest Corporate Group, Inc.Sherry Andersen, Corporate Communicationssherry@pureharvestgroup.comwww.pureharvestgroup.com

  • Pure Harvest Receives Second Wholesale Order of Complex 612 Products
    GlobeNewswire

    Pure Harvest Receives Second Wholesale Order of Complex 612 Products

    Denver, CO, Feb. 18, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Pure Harvest Corporate Group, Inc. (OTCQB: PHCG), a publicly traded holding company focused on emerging and high-growth industries, is pleased to announce that its wholly owned subsidiary, Test Kitchen, Inc., has received a second purchase order of approximately 250,000 units for consumer products featuring the Company’s proprietary ingredient known as cannabinoid compound “Complex 612.” Complex 612 is a new, patent-pending ingredient distributed by Test Kitchen, Inc. The Company believes that Complex 612 has the potential to disrupt the national cannabis industry and has invested substantial time and effort in the development of consumer products featuring Complex 612. Test Kitchen CEO Donnie Emmi has previously reported that users of Complex 612 have generally experienced “more productivity, overall happiness, enhanced moods and pure joy.” The purchase order was received on February 11, 2021 and is expected to be delivered in March 2021. This order represents the second substantial wholesale purchase of consumer-packaged goods featuring Complex 612. The Company is excited by this development and believes these large wholesale orders will increase efficiencies and generate economies of scale in the production process. Additionally, the Company believes that this and the previous substantial order will help to create awareness in the marketplace as they are sold-through. “This second significant sale of Complex 612 products is an encouraging sign for the potential of the ingredient,” said Matthew Gregarek, CEO, Pure Harvest Corporate Group. “I am extremely excited to see this amazing ingredient begin to take off and I am hopeful that we will be able to sustain this initial momentum over the course of 2021.” “It’s an exciting time for the entire Test Kitchen team,” stated Donnie Emmi, CEO of Test Kitchen. “As we prepare for the Q2 launch of our house branded products, these wholesale orders are an exciting indicator of the market’s interest in Complex 612 and what we are developing.” About Test Kitchen Test Kitchen, a subsidiary of Pure Harvest, is a laboratory for human potential - an experiment and experience for creating and sustaining the highest expression of life. Test Kitchen’s mission is to curate empirical physiology and cultivate predictable pharmacognosy to optimize mind-body-performance. Simply put, Test Kitchen’s goal is to use its proprietary plant-based lifestyle formulas to help a person gain an unfair advantage over the person's former self. About Pure Harvest Corporate Group Pure Harvest Corporate Group, Inc. (OTCQB: PHCG) is a publicly traded holding company focused on emerging and high-growth industries. The PHCG team is committed to formulating, manufacturing, and distributing high-quality cannabis and hemp derived cannabinoid consumer products in markets where it is legal to do so. The Company has developed numerous retail brands and product lines that are currently available for purchase in select markets. Pure Harvest intends to grow its marijuana, hemp derived cannabinoids, and research and development operations and expand globally as the laws regarding cannabis are reviewed and rewritten to repeal their prohibition. Additionally, the Company may from time to time disclose public material events via its website at http://www.PureHarvestGroup.com or its social media accounts at the following locations: https://www.facebook.com/pureharvestgroup https://www.linkedin.com/company/49645278/admin/ https://twitter.com/PureHarvestCG Forward Looking Statements Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933, are subject to Rule 3b-6 under the Securities Exchange Act of 1934 and are subject to the safe harbors created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate. Future events and results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. Investor Relations & Financial Media Integrity Media Inc. team@integritymedia.com Toll Free: (888) 216-3595 www.IntegrityMedia.com Company Contact: Pure Harvest Corporate Group, Inc. Sherry Andersen, Corporate Communications sherry@pureharvestgroup.com www.pureharvestgroup.com

  • Pure Harvest Corporate Group Acquires Four Patents in Multiple Verticals
    GlobeNewswire

    Pure Harvest Corporate Group Acquires Four Patents in Multiple Verticals

    Patent Acquisition Positions the Company to Pursue New Opportunities in Addition to Current Operations Denver, CO, Feb. 04, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Pure Harvest Corporate Group, Inc. (OTC: PHCG), a publicly traded holding company focused on emerging and high-growth industries, is pleased to announce that on January 25, 2021, the Company acquired four U.S. Patents and four U.S. Patent Applications through its wholly owned subsidiary, PHIPCO, LLC. The patents and applications (the “IP”) were acquired from Mr. James Brown, an inventor with 48 issued patents to date. The acquired IP has numerous applications in various industries, including Agriculture, Renewable Energy, Health & Wellness, Manufacturing, Construction, and Transportation. The Company plans to use the IP in a wide range of industries for standalone products and applications and for enhancements or improvement of existing products and systems. The acquisition of the IP is part of the Company’s broader strategy of acquiring valuable intellectual property, such as the patent application for Cannabinoid Complex 612, for development and commercialization in high-growth industries. To this end, the Company is forming an innovation team to focus on the Company’s opportunities created by the acquisition of the IP. Pure Harvest is pleased to report that Mr. Brown will help guide the innovation team and join the Advisory Board for Pure Harvest Corporate Group, effective immediately. “For the last year and a half, we have been pursuing these incredible patents and courting James Brown, who, in my estimation, is a true visionary and highly talented inventor,” stated Matthew Gregarek, CEO of Pure Harvest Corporate Group. “With the acquisition of this IP and the addition of Mr. Brown to our team, Pure Harvest is perfectly positioned to pursue successes in new, highly profitable industries to the benefit of our Company and its shareholders.” “I am excited to join the Pure Harvest team and work with the Company to solve the pressing issues facing our society and our planet,” said James Brown. “I have gotten to know the people at Pure Harvest over the last eighteen months and look forward to working with them to commercialize the technology represented in this IP. I believe that together we have everything we need to make a substantial impact for the benefit of future generations.” About Pure Harvest Corporate Group The Pure Harvest Corporate Group, Inc. (OTCQB: PHCG) is a publicly traded holding company focused on emerging and high-growth industries. The PHCG team is committed to formulating, manufacturing, and distributing high-quality cannabis and hemp derived cannabinoid consumer products in markets where it is legal to do so. The Company has developed numerous retail brands and product lines that are currently available for purchase in select markets. Pure Harvest intends to grow its cannabis, hemp derived cannabinoids and Test Kitchen operations and expand globally as the laws regarding cannabis are reviewed and rewritten to repeal their prohibition. Forward Looking Statements Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933, are subject to Rule 3b-6 under the Securities Exchange Act of 1934 and are subject to the safe harbors created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate. Future events and results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. Additionally, the Company may from time to time disclose public material events via its website at http://www.PureHarvestGroup.com or its social media accounts at the following locations: https://www.facebook.com/pureharvestgroup https://www.linkedin.com/company/49645278/admin/ https://twitter.com/PureHarvestCG Investor Relations & Financial Media Integrity Media Inc. team@integritymedia.com Toll Free: (888) 216-3595 www.IntegrityMedia.com Company Contact: Pure Harvest Corporate Group, Inc. Sherry Andersen, Corporate Communications sherry@pureharvestgroup.com www.pureharvestgroup.com