Plant-based extraction major, Pure Extracts Technologies Corporation, has reportedly presented an overview of its advancement into the Functional Mushroom Wellness Sector.

As expressed by Ben Nikolaevsky, the CEO of Pure Extracts, the company’s brand is an ambitious extension of its location in the mountains of British Columbia. Nikolaevsky has further stated that the company is 100 per cent centered on high quality processes, ingredients, and formulations in all its efforts, and its debut into the field of mushroom extractions is an exciting and obvious opportunity for leveraging its proven capacities and advanced technology.

Pure Extracts eagerly looks ahead towards rolling out its functional products within the upcoming months on a commercial scale, in view of the resemblance to the cannabis sector concerning the pathways to both recreational and medical legalization, added Nikolaevsky. The company further believes in its capacity to immediately commence working in this escalating sector, in turn creating immense value for the company’s partners, business, stakeholders, and shareholders.

Pure Extracts has begun the expansion of its business model for the purpose of including mushroom formulations via the deployment of extraction processes that depict proven compatibility with the company’s existing infrastructure, cite reports. The organization is working in close collaboration with Dr. Alexander MacGregor, Founder, Toronto Institute of Pharmaceutical Technology, and the company’s scientific advisor, for the development of novel delivery technologies and high bio-available products like edibles, pills, and capsules.

The company believes in the existence of a remarkable opportunity of becoming a significant extraction partner for commercializing the novel functional mushroom products developed with consistency and purity in mind. For the same, the company has already signed a LOI (Letter of Intent) with one of the leading Canadian functional mushroom wellness companies for the co-development of CBD boosted mushroom products, add sources.

Source Credits:

https://financialpost.com/pmn/press-releases-pmn/globe-newswire-releases/pure-extracts-advances-plans-for-the-processing-of-functional-mushroom-formulations