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Pure Harvest Cannabis Group Enters Quick Expanding CBD Industry with Acquisition of Denver Primarily based Hemp Organization – GlobeNewswire



Organization Plans for Aggressive Expansion as a Subsidiary of Pure HarvestDenver, CO, Sept. 13, 2019 (GLOBE NEWSWIRE) — through NEWMEDIAWIRE — Pure Harvest Cannabis Group, Inc. (OTC: PHCG), a Denver primarily based cannabis holding business, has acquired Prolific Nutrition, LLC (“Prolific”) a Colorado primarily based hemp/ CBD business in a stock and money transaction.Beneath the terms of the deal, all of the assets of Prolific had been totally acquired by the Organization and will operate beneath Pure Harvest Hemp, Inc. (“PHH”), a wholly-owned subsidiary of the Organization.Prolific Nutrition was formed in 2017 and sells a lot of solutions beneath a number of brands, such as CBD tinctures, CBD gummies, CBD capsules, CBD lotion, and hemp oil lip balm. Prolific also sells pet CBD solutions such as day-to-day blend hemp supplements for dogs and cats, hemp capsules for discomfort and anxiousness, and hemp oil pet treats. Pure Harvest now owns the intellectual home to all linked brands, solutions, and formulations, such as the rights to the Colorado CBD Oil and Wild Pet Brands names. Prolific’s founder and CEO, Daniel Garza, will serve as the CEO of Pure Harvest Hemp and has been elected as a Director and Chief Advertising Officer of PHCG. Matthew Gregarek, the Chairman and CEO of PHCG, will join the board of PHH. PHCG has lately relocated its headquarters to Denver and is establishing a important base of operations that involves hemp/ CBD. Colorado has emerged as a national leader in the hemp sector and has far more acres of hemp cultivation than any other state.“The THC and CBD industries are blending with each other and we have been hunting for the proper business to obtain that can scale swiftly and grow to be an vital player in the worldwide hemp/ CBD sector,” stated Matthew Gregarek, CEO of Pure Harvest Cannabis Group.“Daniel Garza and his group at Prolific Nutrition have an impressive record of developing and advertising and marketing higher high quality CBD solutions and have a deep understanding of this quickly increasing sector. We are extremely excited to join the ranks of high quality CBD producers primarily based in Colorado,” added Gregarek.PHH has plans for attaining dramatic development in the following places:On the internet sales of Pure Harvest CBD customer and animal solutions beneath the Pure Harvest Hemp, Colorado CBD Oil and Wild Pet Blends brandsRetail Pure Harvest Hemp/ CBD retailers andImprovement of hemp-primarily based clothes, cosmetics, and constructing components.“We have been hugely impressed with the management group at Pure Harvest and their sector information and significant-scale revolutionary plans for each THC and CBD are constant with ours,” stated Garza.About Prolific NutritionProlific Nutrition is Colorado primarily based hemp/ CBD business that has effectively launched and commercialized a line of CBD solutions, such as a pet CBD solutions division.About PHCGThe Pure Harvest Cannabis Group, Inc. (OTC: PHCG) is a publicly traded holding business involved in all cycles of cannabis and CBD improvement.  The group is committed to offering the highest high quality solutions, ethical increasing requirements, environmental awareness, and corporate integrity.  Pure Harvest intends to create into a significant scale vertically integrated multi-state operator (MSO), producer, and distributor in effectively-established and increasing markets.Pure Harvest is focused on establishing precision dosed cannabinoid overall health and wellness customer solutions.  The Company’s objectives involve establishing Pure Harvest as an iconic customer item brand supplying a wide wide variety of cannabis/ CBD solutions that can be sold in a number of international markets that have legalized cannabis and hemp-derived solutions. Forward Searching StatementsParticular statements in this news release may perhaps include forward-hunting info inside the which means of Rule 175 beneath the Securities Act of 1933, are topic to Rule 3b-six beneath the Securities Exchange Act of 1934, and are topic to the secure harbors produced by these guidelines. All statements, other than statements of reality, incorporated in this release, such as, with no limitation, statements relating to possible future plans and objectives of the business, are forward-hunting statements that involve dangers and uncertainties. There can be no assurance that such statements will prove to be precise. Future events and outcomes could differ materially from these set forth in, contemplated by, or underlying the forward-hunting statements.Investor Relations & Monetary MediaIntegrity Media Inc.[email protected]Toll Free of charge: (888) 216-3595www.IntegrityMedia.comSupply: https://www.globenewswire.com/news-release/2019/09/13/1915416//en/Pure-Harvest-Cannabis-Group-Enters-Quick-Expanding-CBD-Industry-with-Acquisition-of-Denver-Primarily based-Hemp-Organization.html