 Hey guys, how you doing? This is Rich here and we have a Rich TV Live and I wanted to talk to you about Pure Extracts. This is a company that brought you guys pre-IPO. You can actually see this big green candle here day one where they went from about 40 cents all the way up to 65 and They've been trading in this zone been as high as 89 and I can mark this We can mark this very easily the low low and the high high and that becomes your zone that becomes your trading zone, right? So this is the low low the zone This is the high high the zone and then you see where we're trading right now That's kind of like near the higher end of the middle So there's still some upside You might want to position yourself a little lower if you can for the next big run But you can see here that this is clearly trending up Anyway, you slice it. This is a stock that is trending up This is pole in Canada PULL for Pure Extracts. The symbol in America is PRXTF and it's a lot of the same when you look at PRXTF This is on trading view when you look at PRXTF you see a stock that's just getting started just out of the gates, right? pretty much just getting started and I mean people are just learning about it right now with very little trading history Very little trading history, but what I see here in America is that a consolidation is happening So typically what we look for here at Rich TV live and the trading club. We're looking for sideways consolidation Okay, typically it's like an elastic band effect and once you have a sideways consolidation for a while Typically with a tight float stock with good news revenue growth You're gonna see the stock take off and it'll eventually break through the resistance and you'll have a breakthrough in the price so this is typical of what we see in stocks and What it takes for stocks to do well is typically it takes news and this is a company that is Got some big news. So let's talk about the news and guys This is their website pure extracts.com and you can also take a look at all our picks on Rich TV live calm under riches picks you can see we're gonna update some of these picks but you can see we are momentum traders and swing traders and Out of a hundred and forty one picks since last year our average pick is up 292% pretty unbelievable and I believe pull is on this list as well if we go down here and we scroll down Pull on the list Let's see here. Oh pulls them on a list that we're gonna all there They are so you could see pull is on the list We brought it to you at 45 cents hit a high of 81 actually hit a high of 89 and is up 80% since we brought it to you since day one since IPO days. So Let's talk about the big news that they have and I think this is potentially a huge catalyst for pure extracts Pure extracts and Canada house wellness group sign agreement to distribute concentrate products through existing provincial distribution channels now yesterday they had a Pullback of 9% Typically, we like to look for those types of opportunities here at the rich TV live club We look for pullbacks to position ourselves We buy in the red and then when stocks go up and see big moves We like to take profits depending on the deal or hey if you want to be a long-term investor You can do that as well. So let's break down this news So pure extracts technologies corporal in Canada PR XTF in America a to Q J a J in Frankfurt, Germany a Plant-based extraction company focused on cannabis hemp functional mushrooms and the rapidly emerging psychedelic sector and Canada house wellness CHV in Canada. Let's take a look at Canada house wellness CHV I some while since I've heard their name It's I know that they are a cannabis stock CHV Canada house wellness Okay, so let's add three cent stock Okay Interesting. All right. So this is a three cent stock. We look at the one year oops We look at the one year chart. I don't know what I won't pull it up Anyways, we won't look at that right now, but it's Definitely a stock that right now is only a three cents. So Maybe something to put on your watch is put on your radar based on this news It might make some some moves based on this news today So let's take a look at what exactly they did together a fully integrated medical cannabis company Which is Canada house wellness CHV in Canada are pleased to announce that they've entered into a cannabis 2.0 distribution agreement Under the terms of the agreement Canada house wholly owned subsidiary ABBA medics Corp Otherwise known as ABBA will distribute pure extracts line of concentrate products through its established provincial distribution channels That's good news. We've been extremely impressed with the pure extracts team and the brand presence They have established particularly in the western provinces and are looking forward to supporting their commercialization efforts in a mutually beneficial way commented Chris Churchill Smith Canada house CEO pure extract CEO Ben Nikolevsky added this agreement allows us to quickly and efficiently get our Outstanding line a full spectrum oil vape and edible products to retail buyers across Canada while our sales amendment Application is being processed by health Canada This is big news guys about pure extracts The company 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 expert sales of products and Formulations including those currently restricted in Canada into European jurisdictions where they are legally available September 25th 2020 pure extracts was granted its standard processing license My health Canada under the cannabis act and the company stock began trading on the Canadian security exchange CSE on November 5th 2020 About Canada house wellness group Canada house wellness group is a parent company of ABBA medics Corp a License producer in Pickering, Ontario that produces high quality medical grade cannabis ISO can med Inc a licensed producer in Louisville, Quebec growing best-in-class indoor cannabis in its 64,000 square feet production facility employing state-of-the-art vertical aeroponic production Methodologies Canada house clinics Inc with clinics across the country that work directly with primary care teams to provide specialized cannabinoid Therapy services to patients suffering from simple and complex medical conditions and canalysis technologies a provider of fully customizable cloud-based software that links physician Provider and patient to data that supports treatment with medical cannabis Canada house wellness group goal is to become the leading cultivator of premium craft cannabis and provider of cannabinoid therapy targeting the medical cannabis market globally And you can visit them at Canada house comm. This is quickly look at their website This is Canada house wellness group Inc And you can see their wholly owned subsidiaries here and there's ABBA medics right there and ISO can med There's canalysis technologies and Canada house clinics So you can definitely find out more information and let's see You can contact them right on their website Pretty huge news love to know what you guys think about this news Remember rich tv live is strictly for education and entertainment purposes Always do your due diligence always do your research before you invest anything that we talk about here in rich tv live So we had a nice pullback yesterday and I always say to the guys And the ladies in our trading club if you're looking to get into a stock look for a pullback Look for a red date. Don't chase green resist the urge to chase green almost every stock is Going to have a red day at some point And that's when you want to try to position yourself if you position yourself on a red day You give yourself a better chance to win You just don't know what the next day is going to bring and these companies are aware when their stock goes down So that's a big red sell-off right that happened yesterday big red candle So had you bought it yesterday on this big red candle And if they do go back up today like they did the day before Or if they have a big explosion on news which it could happen because this is for some pretty big news For pure extracts all of a sudden you buy the dip it rips up Let's say if it rips a 10 20 30 percent now all of a sudden you're up big This is what we teach In the trading club and we also teach our members not to have any emotions and to just learn how to lock in profits And focus on growing their accounts so looking for more intelligent minds eyes and ears and brains to look for great undervalued underappreciated underexposed opportunities And stay on top of all the news that's flowing every single day 24 hours a day seven days a week so that we can find winners first That's the modus operandi of the rich tv live community And this is a wave that we're riding And we love to be on top of the news once again pure extracts and canada house wellness Group sign agreement to distribute concentrate products through existing provincial distribution channels This will increase revenue for pure extracts. This is a company that's just getting started And I think this is some big breaking news. Let me know what you guys think if you like the video Please smash the like button comment down below share the video everywhere and subscribe pure extracts In the news again this is a company that's done extremely well And it's just getting started. Let me know what you guys think is your boy rich and rich tv live and i'm out peace