PURE.V - Pure Global Cannabis Inc.

TSXV - TSXV Delayed Price. Currency in CAD
0.1000
0.0000 (0.00%)
As of 12:26PM EDT. Market open.
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Previous Close0.1000
Open0.1050
Bid0.0950 x 0
Ask0.1050 x 0
Day's Range0.1000 - 0.1050
52 Week Range0.0800 - 0.4200
Volume52,525
Avg. Volume253,787
Market Cap15.861M
Beta (3Y Monthly)1.00
PE Ratio (TTM)N/A
EPS (TTM)-0.1800
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • 7 Marijuana Penny Stocks to Consider for Those Who Can Handle Risk
    InvestorPlace

    7 Marijuana Penny Stocks to Consider for Those Who Can Handle Risk

    [Editor's note: This story will be updated each week with new stocks and analysis. Please check back often for Mark's latest take on marijuana penny stocks.]There is no doubt that the cannabis industry is here to stay. In my opinion, legalization on a federal level in the United States will occur sooner than most analysts think. This will cause the industry to boom even more.This is because federal legalization means that recreational and medical marijuana companies will be able to engage in standard banking procedures and practices like other businesses. This exclusion from standard procedures has been an impediment to the growth of the industry. Many cannabis companies are literally forced to pay their taxes with cash.InvestorPlace - Stock Market News, Stock Advice & Trading TipsMarijuana penny stocks are especially appealing to some people. Every investor has dreams of investing a couple thousand dollars into a penny stock company that will become the next Apple (NASDAQ:AAPL) or Facebook (NASDAQ:FB). Then they can head off into the sunset and live happily every after.However, you need to be very careful if you want to invest in this highly risky sector of the markets. Many of these companies will not survive. There is a reason why they are trading as penny stocks. But it is reasonable to assume that in an industry with as much potential as cannabis, there are some future millionaire makers out there. * 10 Stocks to Sell in Market-Cursed September These are not "buy" recommendations. I just want to share some insight into this part of the equity markets that may help you with your own investments. The Green Organic Dutchman (TGODF)The Green Organic Dutchman (OTCMKTS:TGODF) is a Canadian-based cannabis research and development company. Aurora Cannabis (NYSE:ACB) was a major shareholder of TGODF. However, last week the companies announced that Aurora has sold its 28.8 million shares at a price of $3 CAD to a syndicate of Canadian Banks. TGODF stock dropped over 10% on the news.The Green Organic Dutchman says this will ultimately be a good thing because it no longer has any revenue-sharing arrangements with Aurora. Does this mean ACB is negative on TGODF? Not necessarily. Aurora has many problems including huge losses and an excessive amount of goodwill. Selling its TGODF stock could just be a relatively easy way to raise some badly needed cash.This transaction could weigh on the stock in the short term. This is because this syndicate of Canadian Banks are likely to have to get out of their positions, so traders know that there will be sellers in the market. Pure Global Cannabis (PRCNF)Pure Global Cannabis (OTCMKTS:PRCNF) produces cannabis products for the medical and adult use markets. Products include dried flowers, cannabis oils, softgels, edibles and beverages.This company just announced what it considers to be an important milestone in its history. It has received approval from Health Canada for its most recent license. This will allow it to sell cannabis oil products. This will also help the company get approvals for phase two cultivation and extraction.PRCNF shareholders can't be too happy. Like many others in the industry, the stock has not done well. Since earlier this year it has dropped from 30 cents to current levels around 8 cents. It is too soon to know if this news will help to turn things around, but there doesn't seem to be any effect on the stock yet. I will be watching this one. Heritage Cannabis (HERTF)Heritage Cannabis (OTCMKTS:HERTF) is focused on becoming a vertically integrated cannabis provider. HERTF just passed the 30 cent level. This level was support in June. It was also a resistance level from May through October of 2018.Why would a former resistance level become a support level? It is because the people who sold it at the resistance level were feeling pretty good when it went lower. But then it rallied and went higher than that level. Now those sellers believe that they made the wrong decision. They tell themselves that they will buy it back if it drops once more. * 7 Stocks to Buy In a Flat Market Those who bought it at resistance were feeling good when it went higher and they are now looking at a profit. They tell themselves that if the stock drops back to that level they will buy more and add to their positions. Emerald Health Therapeutics (EMHTF)Emerald Health Therapeutics (OTCMKTS:EMHTF) grows and sells medical marijuana in Canada. It also develops natural health products. Emerald just announced that its 50%-owned joint venture Pure Sunfarms received an amendment to its license from Health Canada. This amendment will allow the joint venture to sell and distribute Pure Sunfarms-branded cannabis products. Pure Sunfarms has already established a distribution agreement with the British Columbia Liquor Distribution Branch.This comes after an announcement that Pure Sunfarms entered a supply agreement with the Ontario Cannabis Retail Corporation. Pure Sunfarms will begin shipping to Ontario and British Columbia in the coming weeks.In addition to this potentially bullish news, Emerald also recently disclosed second-quarter sales of $5.1 million. This was an increase of 94% versus the first quarter. Choom (CHOOF)Choom (OTCMKTS:CHOOF) cultivates and sells cannabis for medical purposes and related products. Needless to say, shareholders have not been happy. The price of CHOOF stock has lost about 50% of its value since March. However, there has been a series of seemingly positive developments. Maybe this will help the stock turn around.Choom has recently announced that it is opening seven new retail locations. These include stores in Alberta and British Columbia. In addition to these new stores, Choom has also made a series of acquisitions including Ninetails Cannabis -- a licensed cannabis retail store in Whitehorse, Yukon.It is too soon to know whether these announcements will turn the stock around, but Choom is a name worth paying attention to. Leafbuyer Technologies (LBUY)Leafbuyer Technologies (OTCMKTS:LBUY) operates an online platform that connects consumers with dispensaries. Shareholders of LBUY have been dealing with a harsh buzz. Having lost 90% of its value since March, the stock has basically crashed.Since the beginning of August there has been huge volume of trading. This could be a sign of capitulation and a signal that LBUY stock is about to turn around.Capitulation is when sellers throw in the towel. In other words, they just want to get out of the stock and put an end to their misery. They just want to sell it -- and they don't care about the price. * 7 Deeply Discounted Energy Stocks to Buy Ironically, this could be a bullish dynamic for the stock. This is because the sellers are about to leave the market. Due to the lack of sellers or supply that exists after this, buyers will have to pay much higher prices in order to complete their orders. This will cause the stock to rally. Helix TCS (HLIX)Helix TCS (OTCMKTS:HLIX) provides technology, compliance and security solutions to the cannabis industry. HLIX recently announced that it added a seasoned veteran to its leadership team. Garvis Toler, the former global head of capital markets at the New York Stock Exchange, is Helix TCS's new president of data services.The cannabis industry is full of incompetent management. Many of the entrepreneurs that founded successful companies do not have the skills required to manage their businesses as they grow and mature. The fact that Helix is bringing in someone with extensive experience could give it a competitive advantage over its rivals.In addition to this potentially positive development, the company also just announced second-quarter results. It highlighted that revenue was $3.9 million, which was up 108% from the same quarter last year, while gross margins were an impressive 49%.At the time of this writing Mark Putrino did not hold any positions in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 8 Worst Stocks to Buy Before the Trade Turmoil Cools Off * 7 'Strong Buy' Stocks to Beat Volatility * 7 Mega-Cap Tech Stocks on a Rebound Now The post 7 Marijuana Penny Stocks to Consider for Those Who Can Handle Risk appeared first on InvestorPlace.

  • CNW Group

    /R E P E A T -- Pure Global Receives Oils Sales License from Health Canada/

    FRA: 1QS) ("Pure Global" or "PURE") an integrated, growth-oriented life sciences and consumer products cannabis company, through its wholly-owned subsidiary PureSinse Inc. ("PureSinse" or the "Company"), a Health Canada licensed producer under The Cannabis Act, is pleased to announce that it has received approval from Health Canada for its most recent license amendment request allowing for the sale of cannabis oil products, including high cannabidiol ("CBD") and premium craft cultivars that will become available soon for medical and legal adult patients. This licensing will allow the Company to significantly expand its product offerings to the medical and consumer markets with oils and post-derivative cannabis products, which are seeing growing demand.

  • CNW Group

    Pure Global Receives Oils Sales License from Health Canada

    FRA: 1QS) ("Pure Global" or "PURE") an integrated, growth-oriented life sciences and consumer products cannabis company, through its wholly-owned subsidiary PureSinse Inc. ("PureSinse" or the "Company"), a Health Canada licensed producer under The Cannabis Act, is pleased to announce that it has received approval from Health Canada for its most recent license amendment request allowing for the sale of cannabis oil products, including high cannabidiol ("CBD") and premium craft cultivars that will become available soon for medical and legal adult patients. This licensing will allow the Company to significantly expand its product offerings to the medical and consumer markets with oils and post-derivative cannabis products, which are seeing growing demand.

  • CNW Group

    /R E P E A T -- Pure Global Announces New Distribution Agreement Expanding Access to CannMart's Extensive Client Base/

    /R E P E A T -- Pure Global Announces New Distribution Agreement Expanding Access to CannMart's Extensive Client Base/

  • CNW Group

    Pure Global Announces New Distribution Agreement Expanding Access to CannMart's Extensive Client Base

    Pure Global Announces New Distribution Agreement Expanding Access to CannMart's Extensive Client Base

  • Do Insiders Own Shares In Pure Global Cannabis Inc. (CVE:PURE)?
    Simply Wall St.

    Do Insiders Own Shares In Pure Global Cannabis Inc. (CVE:PURE)?

    A look at the shareholders of Pure Global Cannabis Inc. (CVE:PURE) can tell us which group is most powerful. Generally...

  • CNW Group

    PureSinse Establishes Medical Advisory Committee

    FRA: 1QS) ("Pure Global"), an integrated growth-oriented sciences and consumer products cannabis company, operating through its wholly-owned subsidiary PureSinse Inc. ("PureSinse" or "Company"), recently completed a very successful, inaugural PureSinse Medical Advisory Committee (PMAC) meeting with a number of prominent physicians and scientists from various disciplines. This first PMAC meeting brought together members representing a variety of different disciplines and facets of the medical committee. Members are practicing physicians in primary care, oncology, infectious diseases, psychiatry, and other specialties.

  • CNW Group

    Pure Global closes GCHC acquisition and enters into global distribution deal

    Pure Global closes GCHC acquisition and enters into global distribution deal

  • CNW Group

    Pure Global Provides Progress Updates on Key Strategic Initiatives

    Pure Global Provides Progress Updates on Key Strategic Initiatives

  • CNW Group

    Pure Global to Acquire The Great Canadian Hemp Company for Premium CBD-based Health, Beauty, Wellness and Pet Products

    FRA:1QS) ("Pure Global") an integrated, growth-oriented life sciences and consumer products cannabis company, operating through its wholly-owned subsidiary PureSinse Inc. ("PureSinse" or "Company"), is pleased to announce that it has entered into a binding Letter of Intent ("LOI") with Ottawa -based The Great Canadian Hemp Company, Ltd. ("GCHC"), pursuant to which the parties shall seek to enter into a share purchase agreement whereby Pure Global will acquire a 100% interest in GCHC. As consideration, Pure Global will pay GCHC shareholders $560,000 with $60,000 payable in cash and $500,000 payable through the issuance of common shares in the capital of Pure Global at a price equal to $0.20 per share to be held in escrow and released pursuant to a 24-month schedule.

  • ACCESSWIRE

    CVS and Walgreens Are Betting Big on the Future of Cannabis Demand

    HOUSTON, TX / ACCESSWIRE / April 3, 2019 / Cannabis has already disrupted alcohol, cigarettes, food, pharmaceuticals, and the global wellness industry. Even major retailers are jumping on board, seeing ...

  • CNW Group

    Pure Global announces merchant agreement with BuyWell Care

    Pure Global announces merchant agreement with BuyWell Care

  • ACCESSWIRE

    One of the Top Industries Being Transformed by Cannabis

    HOUSTON, TX / ACCESSWIRE / March 20, 2019 / Analysts at Jefferies say the cannabis industry could reach $130 billion by 2029. "This assumes full U.S. federal legalization, full recreational and medical ...

  • CNW Group

    Pure Global and Velvet Announce Distribution Partnership to Reach Retailers Across Canada

    FRA:1QS) ("Pure Global") an integrated, growth-oriented life sciences and consumer products cannabis company, through its wholly-owned subsidiary PureSinse Inc. ("PureSinse" or "Company"), a Health Canada licensed producer under The Cannabis Act, is pleased to announce a partnership with Velvet Management Inc. ("Velvet"), to be its Canadawide sales and distribution agent for its premium wellness, recreational, and craft cannabis products to be sold through provincially licensed stores and online retailers. Velvet, a company created by the largest wine distributor in Canada , Philippe Dandurand Wines Ltd. ("Dandurand"), will serve to ensure a strong retail and brand presence for Pure Global's non-medical lines of cannabis products with provincially regulated channels.

  • CNW Group

    Pure receives Health Canada oils sales inspection notification and provides operational update

    FRA:1QS) (the "Pure Global" or "PURE") an integrated, growth-oriented life sciences and consumer products cannabis company, operating through its wholly-owned subsidiary PureSinse Inc. ("PureSinse" or the "Company"), is pleased to provide an operational and oils sales license update. Last week, the Company received confirmation from Health Canada for its process inspection in preparation to sell cannabis oils to the Canadian market. PureSinse can now begin the production of cannabis oils at its Brampton, Ontario facility.

  • ACCESSWIRE

    The Cannabis Boom Will be a Boon for these Three Top Stocks

    In fact, it'll allow for hemp cultivation and the transfer of hemp products across state lines for commercial and other purposes, notes Forbes. Most notably, some of top companies that could realize its benefits, include Pure Global Cannabis Inc. (TSX.V: PURE) (OTC PINK: PRCNF), Tilray Inc. (NASDAQ: TLRY), and Canopy Growth Corporation (NYSE: CGC)(TSX: WEED). Pure Global Cannabis' (PURE)(PRCNF) subsidiary, PureSinse Inc. and Emerald Plants Health Source just announced the companies have entered into a cannabis supply agreement where Pure Global will purchase 1,000kg of dried flower from EPHS.

  • CNW Group

    Pure Global Signs MOU for Supply Agreement with Craft Cannabis Experts: Emerald Plants Health Source

    FRA:1QS) (the "Pure Global") an integrated, growth-oriented life sciences and consumer products cannabis company, operating through its wholly-owned subsidiary PureSinse Inc. ("PureSinse" or "Company"), and Emerald Plants Health Source (OCTQB: STNN: EPHS Holdings Inc.) ("EPHS") are pleased to announce that the companies have entered into a memorandum of understanding ("MOU") through which the parties shall seek to enter into a cannabis wholesale supply agreement ("Supply Agreement") whereby PureSinse will purchase 1,000 kg of dried flower from EPHS.

  • CNW Group

    Pure Global Cannabis Announces DTC Eligibility

    Pure Global Cannabis Announces DTC Eligibility

  • ACCESSWIRE

    Three Top Medical Marijuana Stocks to Watch as Market Balloons to $500 billion

    CORAL GABLES, FL / ACCESSWIRE / January 29, 2019 / With the cannabis boom just getting underway, analysts at Piper Jaffray believe we could be looking at a market value of between $250 billion to $500 billion a year. ''We believe the long-term growth can be significant - both from transitioning illicit trade to legal sales, medical sales, and from transitioning sales in health [and] wellness categories to CBD-infused products,'' said the analysts, as quoted by MarketWatch. Some of those companies include Pure Global Cannabis Inc. (TSX.V: PURE) (OTC PINK: PRCNF), CannTrust Holdings Inc. (TSX: TRST) (OTC: CNTTF), and Canopy Growth Corporation (NYSE: CGC) (TSX: WEED).

  • CNW Group

    Pure Global Cannabis to Acquire SPARK Cannabis Clinic and Engages HelloMD to Accelerate Patient Acquisition

    FRA:1QS) (the "Company" or "Pure Global") an integrated, growth-oriented life sciences and consumer products cannabis company, through its wholly-owned subsidiary PureSinse Inc. ("PureSinse"), is pleased to announce it has entered into a definitive agreement to purchase all of the outstanding shares of SPRQ Health Group Corp. o/a SPARK ( "SPARK"),  a Brampton -based cannabis clinic helping  patients to obtain safe access to medical cannabis with in-clinic, telephone, and telehealth based consultations (the "Transaction"). SPARK will operate as a wholly-owned subsidiary of Pure Global. Headed by Dr. Sanjeev Goel , SPARK commenced providing medical cannabis services in September 2017 , and currently cares for over 2,500 active patients.

  • ACCESSWIRE

    Three of the Most Innovative Medical Marijuana Stocks to Know

    HOUSTON, TX / ACCESSWIRE / January 23, 2019 / The global cannabis market is still in the early innings of a multi-year boom. Thanks in large part to growing acceptance of cannabis - including Canada's legalization in October 2018, further U.S. state approval, and growing interest from corporate America the global market is expected to reach $146.4 billion by 2025, according to Grand View Research Inc. from $7.06 billion in 2016. In addition, the growing adoption of cannabis in medical applications such as cancer, mental disorders, and chronic pain is expected to propel revenue growth even more.

  • CNW Group

    Pure Global launches e-store at PureSinse.com to begin serving cannabis patients from across Canada

    FRA:1QS) (the "Company" or "Pure Global") an integrated, growth-oriented life sciences and cannabis consumer products company, through its operating subsidiary PureSinse Inc. ("PureSinse"), is announcing the launch of its e-store at PureSinse.com, subsequent to receiving its Sales License from Health Canada on January 11, 2019 . The online store is ready to service physicians and register medical cannabis patients from across Canada who hold a valid medical document. Once registered, patients can purchase quality tested premium legal cannabis products from PureSinse for secure discreet courier delivery.

  • CNW Group

    Pure Global launches the Clinical Cannabinoid Education Network (CCEN)

    Pure Global launches the Clinical Cannabinoid Education Network (CCEN)

  • ACCESSWIRE

    The Biggest Medicinal Cannabis Developments of 2019

    Canada became the first country in the industrialized world to legalize recreational marijuana. In fact, Cowen, U.S. cannabis sales alone could reach $80 billion by 2030- an increase of $5 billion from earlier estimates, and a 4% compound annual growth rate. Piper Jaffray believes the market for legal cannabis could be worth $15 billion to $50 billion a year, with global sales growing to $250 billion to $500 billion.

  • CNW Group

    /R E P E A T -- Pure Global Cannabis Awarded Health Canada Sales License/

    FRA:1QS) (the "Company" or "Pure Global") an integrated, growth-oriented life sciences and consumer products cannabis company, through its subsidiary PureSinse Inc. ("PureSinse"), is excited to announce that Health Canada has issued PureSinse a Sales License under the Cannabis Act. Eligible and pre-registered Canadian medical patients can soon select from two dozen premium cannabis products offered by PureSinse, via its newly launched eCommerce website at PureSinse.com. The Company is committed to supporting medical cannabis patients by emphasizing the quality of and access to the products they need.