Pure Harvest Corporate Group, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 23, 2020 at 05:31 pm EST
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Pure Harvest Corporate Group, Inc. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced operating loss was USD 1.003 million compared to USD 245,218 a year ago. Net loss was USD 4.723 million compared to USD 245,218 a year ago. Basic loss per share from continuing operations was USD 0.09 compared to USD 0.01 a year ago. For the nine months, operating loss was USD 5.573 million compared to USD 1.048 million a year ago. Net loss was USD 10.212 million compared to USD 1.048 million a year ago. Basic loss per share from continuing operations was USD 0.22 compared to USD 0.03 a year ago.
Pure Harvest Corporate Group, Inc. manufactures, distributes, and sells a range of cannabis products including hemp/ cannabidiol (CBD) and marijuana/ tetrahydrocannabinol (THC) consumer products. The Company's THC product line at its Dumont dispensary includes bulk flower, pre-rolls, and THC concentrates. The Company also sells THC distillate as an ingredient or raw material to other licensed marijuana infused products manufacturers within the State of Colorado along with wholesale THC concentrates, such as wax and shatter. It operates various segments of the cannabis and hemp- CBD industries with a focus on health and wellness products and applying education, research and development, and technology to each sector. It is also involved in the acquisition and operation of licensed marijuana cultivation facilities, manufacturing facilities, and dispensaries.
PURE HARVEST CORPORATE GROUP, INC. 
