TORONTO, Sept. 24, 2019 /CNW/ – Pure Global Cannabis Inc. , an integrated growth-oriented sciences and consumer products cannabis company, operating through its wholly-owned subsidiary PureSinse Inc. , is pleased to announce the signing of a Joint Development Agreement with KMT-Hansa Corp. in respect of the processing, extraction, cultivation and manufacturing of hemp and related products across approximately 17,000 acres of land in the province of Yunnan . The Agreement will take advantage of the Hemp International Industry Park Special Economic Zone License granted to KMT by Yuanjiang County, Yuxi City, Yunnan Province, permitting the growth, cultivation, extraction and production of industrial hemp products for export. The license registration process is expected to complete within the next 60 days while operations are setup.
Pure Global will be the management and development partner in connection with the Project, with KMT providing the necessary resources and personnel. Pure Global will be responsible for the technology, know how, genetics and sales and distribution of hemp products produced in connection with the Project. The Company will design Good Manufacturing Practices (“GMP“) compliant facilities and manage the development and deployment of the Project while overseeing the ongoing operations for the manufacturing and cultivation of high-quality hemp products and by-products, including cannabidiol (“CBD“). Pure will have the right of first refusal to sell and distribute all manufactured products and by-products in all international jurisdictions.
KMT will be responsible for securing and maintaining all necessary permits and licenses with the Chinese Government and Authorities to grow, extract, process and export CBD and hemp by-products grown on the lands that have been government sanctioned for the region’s economic development.
Pure Global’s CEO & President Malay Panchal commented, “We are extremely excited to be the first Canadian LP to partner with a Chinese group seeking to develop a project of this scale in China. This strategic relationship gives us access to KMT’s resources and connections in China. They truly share our goal of providing high-quality products that are sustainable to the environment and developed using cutting-edge agricultural methods. We are extremely happy to enter into this Agreement with a trusted partner who shares our values, visions, and long-term goals. I was especially thrilled by the warm welcome we received from the Chinese local, state, and federal authorities on our recent visit and the tremendous support they are willing to offer to make this project a success for all stakeholders.”
Both KMT and Pure Global value scaled production and manufacturing methods that are eco-friendly, produce the highest quality bulk CBD, and finished health and wellness products. The Agreement will be the first step towards the two like-minded organizations entering into a larger scale international production agreement. The companies intend to move quickly to commence operations and service the fast-growing consumer demand for CBD isolate and finished products throughout Asia and over 50 international markets that have legalized CBD.
Mr. Panchal further commented, “We are entering a very exciting chapter in Pure Global’s journey. In addition to this joint venture with KMT, we have recently been granted our Health Canada oils sales license, are close to approvals to commence scaled cultivation and extraction at our Brampton facility, will soon be launching several new premium consumer brands, and have other formative developments to be announced in the near future. Together these will accelerate Pure to becoming a global leader in the cannabis sector.”
About Pure Global Cannabis
Pure Global Cannabis Inc. is an innovation-based cannabis company led by experienced pharma, biotechnology, horticultural, and consumer packaged goods (CPG) experts. The Company’s wholly owned subsidiary, PureSinse Inc., is a licensed producer under the Cannabis Act. The Company’s Brampton campus houses facilities for vertically farmed cultivation, R&D, extraction, manufacturing, and distribution. Pure Global will produce branded and white-labeled cannabis products for the medical, pharmaceutical, wellness, health & beauty, natural health, food & beverage, craft, and recreational legal markets with uniquely formulated and purified concentrates and dried flower. The Company is using the Canadian market as a springboard to develop and manufacture GMP-compliant premium quality cannabis products for international sale and distribution with a goal to become one of the most trusted premium international cannabis brands.
About KMT-Hansa Corp
KMT-Hansa Corp. is registered in Anguilla and is currently listed on TSXV NEX. HDD Investment Holdings Corp. acquired 51% of KMT-Hansa Corp. in March of 2019. Under new management, KMT will move forward adopting a business model focused on growth and building shareholders value by way of directing our resources into viable development opportunities. KMT is determined and driven to achieve a diversified investment portfolio of high-growth opportunities.
This news release contains certain forward-looking statements, including, but not limited to, statements about Pure Global’s future plans and intentions. Wherever possible, words such as “may”, “will”, “should”, “could”, “expect”, “plan”, “intend”, “anticipate”, “believe”, “estimate”, “predict” or “potential” or the negative or other variations of these words, or similar words or phrases, have been used to identify these forward-looking statements. These statements reflect management’s current beliefs and are based on information currently available to management as at the date hereof.
Forward-looking statements involve significant risks, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking statements. These factors should be considered carefully, and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this news release are based upon what management believes to be reasonable assumptions, Pure Global cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this news release, and Pure Global assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
To register to Pure Global’s mailing list, please visit www.pureglobal.com. Follow @pureglobalcanna on Twitter and Facebook and @pureglobalcannabis on Instagram.
SOURCE Pure Global Cannabis Inc.
For further information: Stephen Pynn, VP Corporate Development, Telephone: 1-866-840-PURE (7873), E-mail: [email protected]; Malay Panchal, President & CEO, Telephone: 1-866-840-PURE (7873), E-mail: [email protected]
2019年9月24日/ CNW /- Pure Global Cannabis Inc .，一家以增长为导向的综合科学和消费品大麻公司，通过其全资子公司 PureSsinse Inc .经营，高兴地宣布与 KMT-Hansa Corp .就加工、提取云南省约1.7万亩土地上大麻及相关产品的种植和制造。本协议将利用云南玉溪市源江县授予 KMT 的 Hemp International Industry Park Special Economic Zone License ，允许工业大麻产品的生长、种植、提取和生产用于出口。预计许可证注册过程将在设置操作时的60天内完成。
Pure Global 将成为该项目的管理和开发合作伙伴， KMT 将提供必要的资源和人员。Pure Global 将负责与该项目相关的大麻产品的技术、技术、遗传、销售和分销。公司将设计符合 GMP 要求的良好生产规范（“ GMP ”）设施，管理项目的开发和部署，同时监督生产和培育高质量的大麻产品和副产品的持续经营，包括大麻（“ CBD ”）。Pure 将拥有在所有国际司法管辖区内销售和分销所有制造产品和副产品的优先购买权。
KMT 将负责与中国政府和有关当局取得和维持所有必要的许可证和执照，以种植、提取、加工和出口 CBD 和大麻副产品，这些副产品生长在被政府批准用于该地区经济发展的土地上。
Pure Global 首席执行官兼总裁 MalayPanchal 评论道：“我们非常高兴成为第一家与中国企业合作的加拿大公司，希望在中国开发这样规模的项目。这种战略关系使我们能够接触到国民党在中国的资源和联系。他们真正分享我们的目标，提供高质量的产品，可持续的环境和发展使用先进的农业方法。我们非常高兴与一个值得信赖的合作伙伴签订本协议，他们分享我们的价值观、愿景和长期目标。我们受到了中国地方、州和联邦当局对我们最近访问的热烈欢迎，以及他们愿意提供的巨大支持，使这个项目成为所有利益相关者的成功，我对此感到特别兴奋。”
KMT 和 Pure 全球价值尺度生产和制造方法是生态友好，生产最高质量的散装 CBD ，以及成品健康和健康产品。该协定将是朝着两个志同道合的组织缔结更大规模的国际生产协定迈出的第一步。这些公司打算迅速行动起来，开始运作和服务快速增长的消费者需求的 CBD 孤立和成品在整个亚洲和超过50个国际市场已合法化 CBD 。
潘查尔先生进一步评论说，“我们正进入 Pure Global 之旅中非常激动人心的一章。除了与 KMT 的合资企业外，我们最近获得了加拿大卫生部的石油销售许可证，接近批准在我们的布拉普顿工厂开始规模化种植和提取，不久将推出几个新的优质消费品牌，并在不久的将来宣布其他形成的发展。这些将加速 Pure 成为大麻行业的全球领导者。”
Pure Global Cannabis Inc .是一家创新的大麻公司，由经验丰富的制药、生物技术、园艺和消费品（ CPG ）专家领导。公司的全资子公司 PureSsinse Inc .是 Cannabis 法案下的特许生产商。公司的布拉普顿校区拥有垂直种植、研发、开采、制造和分销的设施。Pure Global 将为医疗、制药、健康、健康美容、天然健康、食品饮料、工艺、休闲等法律市场生产品牌和白色标记的大麻产品，具有独特配制和纯化的浓缩物和干花。本公司以加拿大市场为跳板，开发和生产符合 GMP 要求的优质大麻产品，用于国际销售和分销，目标是成为最值得信赖的国际大麻品牌之一。
关于 KMT-Hansa 公司
KMT-Hansa 公司在安圭拉注册，目前在 TSXV NEX 上市。HDD 投资控股公司于2019年3月收购了 KMT-Hansa Corp .51%的股权。在新管理层的领导下， KMT 将继续采用以增长和股东价值为核心的商业模式，将我们的资源导向可行的发展机遇。KMT 决心并推动实现高增长机会的多样化投资组合。
本新闻稿包含若干前瞻性声明，包括但不限于有关 Pure Global 未来计划和意图的声明。尽可能使用诸如“可能”、“将”、“应该”、“能够”、“预期”、“计划”、“打算”、“预期”、“相信”、“估计”、“预测”或“潜在”等词语或类似词语或短语的负面或其他变化来识别这些前瞻性陈述。这些报表反映了管理层当前的信念，并基于截至本协议签署日管理层当前可获得的信息。
前瞻性陈述涉及重大风险、不确定性和假设。许多因素可能导致实际结果、业绩或成就与前瞻性陈述中讨论或暗示的结果存在重大差异。应认真考虑这些因素，读者不应过分依赖前瞻性陈述。尽管本新闻稿中包含的前瞻性陈述基于管理层认为合理的假设， Pure Global 无法向读者保证实际结果与这些前瞻性陈述一致。这些前瞻性声明是在本新闻稿发布之日作出的，除法律要求外， Pure Global 不承担更新或修订这些声明以反映新的事件或情况的义务。
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