Pure Harvest Group Provides Corporate and Operational Update
GREENWOOD VILLAGE – Pure Harvest Corporate Group, Inc. (OTCQB: PHCG), a vertically integrated consumer products holding company focused on cutting edge plant-based nutraceuticals, recreational cannabis, hemp-derived health and wellness products, and other emerging industries, is pleased to provide a corporate update along with operating and financial results for the 2nd fiscal quarter of 2021.
Key Financial Highlights
Q2 2021 Revenue showed dramatic growth compared to Q2 2020 increasing from $3,951 to $762,778
Q2 2021 Gross Profit also increased compared to Q2 2020 from -$36,114 to $150,660
Q2 2021 Year to Date Revenue is $1,556,926, compared to Q2 2020 Year to Date Revenue of $5,041
Operating Highlights and Events:
“Bringing the Company’s hemp and marijuana assets together under the Pure Harvest umbrella was just the first step in the corporate consolidation process,” said Peyton Bowman, COO of Pure Harvest. “With these pieces in place, we have a solid base from which to grow. Now we can begin to build upon this foundation and start to expand these operations and grow our respective revenue streams.”
“As demonstrated by the 2nd quarter results, we continued to see strong performance from our Colorado cannabis operations and encouraging progress from our Complex 612 line of products,” said Matthew Gregarek, CEO of Pure Harvest Corporate Group, Inc. “We have continued to build on our 2020 successes and, as we approach the end of this year, I firmly believe 2021 will be an extraordinary year for Pure Harvest as we incorporate our partnerships, contracts, and products while continuing to build through the acquisition of talented individuals and profitable companies.”
About Pure Harvest Corporate Group
Pure Harvest Corporate Group, Inc. (OTCQB: PHCG) is a publicly traded holding company focused on emerging and high-growth industries. The PHCG team is committed to formulating, manufacturing, and distributing high-quality cannabis and hemp derived cannabinoid consumer products in markets where it is legal to do so. The Company has developed numerous retail brands and product lines that are currently available for purchase in select markets. Pure Harvest intends to grow its marijuana, hemp derived cannabinoids, and research and development operations and expand globally as the laws regarding cannabis are reviewed and rewritten to repeal their prohibition.
Additionally, the Company may from time to time disclose public material events via its website at http://www.PureHarvestGroup.com or its social media accounts at the following locations:
Forward Looking Statements
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933, are subject to Rule 3b-6 under the Securities Exchange Act of 1934 and are subject to the safe harbors created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate. Future events and results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements.