 Rich Picks Daily is an online community for traders to exchange smart, straightforward and profitable investment ideas. Join us today at richpicksdaily.com, subscribe to us on YouTube to learn useful stock trading secrets and discover the next ten-banker. Hey guys, how you doing? This is Rich from Rich to be live with some big breaking news from Pure Extracts. And you can go to Pure Extracts on LinkedIn, visit them on LinkedIn. You could go and visit them on Twitter. And the news is pretty exciting here. Pure Extracts commences initial production run of 50,000 gummies. There it is. We've been waiting for this 50,000 gummy packs for provincial distribution. Pure Extracts Technologies Corp. Pull in Canada on the Canadian Securities Exchange. PRXTF on the OTC in America. A2QJAJ in Frankfurt, Germany. A plant-based extraction company focused on cannabis, hemp, functional mushrooms, and the rapidly emerging psychedelic sector is pleased to announce that it has commenced production on approximately 50,000 Pure Choose edible gummy packs. So the news we've been waiting for, we've been looking for big news. And this could be the beginning of the huge move for Pure Extracts. Demand for these types of products is strong in the four provinces, which include British Columbia, Alberta, Saskatchewan, and Ontario. With an early-stage company, you're always looking for a catalyst. You're always looking for revenue. This is going to help them grow their revenue. The company is targeting for its retail launch, British Columbia, Alberta, Saskatchewan, and Ontario. And revenue estimates associated with this batch are approximately $200,000. So not millions, but this is the beginning, 200K of hopefully millions to come in the future. All the Pure Choose SKUs, including the 10mg THC packs of Fire Burst Strawberry and Mango utilize a proprietary manufacturing system licensed from its U.S. based Taste T, LLC, the manufacturer of Margarita Chill and Fireball Cinnamon products to produce and package branded cannabis gummies that come in unique blister packaging. You can go and download the investor presentation, follow all their news. This is their website, pureextractscorp.com and follow all the news. I did break the big news that they were entering into Michigan. We had Ben Nikolevsky on our show last week just talking about this huge news that they are now moving into the Michigan market in America. And it just seems like news just keeps coming out. And now they're coming out with news of revenue and revenue is always the biggest catalyst for any stock. Okay. Additionally, in the launch, the company plans to include three SKUs with varying levels of ultra high potency CBD Pure Choose non THC gummies. Pureextract CEO Ben Nikolevsky remarked, like I said, we had been on our show just last week. So let's see what he had to say. May is going to be a very exciting month for us as we commence retail sales of gummies through our distribution partner. We plan to replicate the success of our licensing partner case T is experiencing in US states including Nevada, Massachusetts, Michigan and Oklahoma. Our exceptionally pure products are in high demand and we have a range in potencies and flavors that customers will certainly enjoy. So you can see here the business model extraction formulation and brand development. So this is a company that's getting their hands in everything. We brought them pre IPO. They made a big move. We're up well over a hundred percent. They've come back down like a lot of the cannabis and psychedelic stocks, which is really just another buying opportunity for anyone who wants to reload. Now let's tell you a little bit about Pureextrax. Pureextrax 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 GNP standards, aiming towards export sales of products and formulations, including those currently restricted in Canada into European jurisdictions where they are legally available. On September 25, 2020, Pureextrax was granted its standard processing license by Health Canada under the Cannabis Act and the company stock began trading on the Canadian Securities Exchange, CSE on November 5th, 2020, and we broke it to you first. Like I said, after we broke you the news, Pure exploded up a hundred percent. It's now come all the way back to where it started, which is really, in my opinion, a buying opportunity. Now remember Rick TV Live is strictly for education information purposes. Please do your due diligence, do your research before you invest in anything that we talk about here in Rich City Live. We love to talk about early stage, tight flow, volatile companies. The reason why they're volatile is because they're just growing in revenue. Volatile companies provide amazing investment opportunities for the best investors. What we try to do in our trading club and you can join our trading club at richpigstaley.com is teach our community members how to buy when they're down and sell when they're up. That is the rich system. This is a company that's just getting started. Love to know what you guys think. If you like the video, smash the like button, comment down below, share the video everywhere and subscribe. What do you think of this news? Big news, Pure Extract commences initial production run of 50,000 dummy packs for provincial distribution and that will generate around $200,000. Finally, some revenue coming in for the company could be a big catalyst, but in my opinion, this is just the beginning. Thank you guys for watching. You're not winning. You're not watching. We bring you the winners and we bring them to you first. You're a board of rich from Rich to be live and I'm out.