December 7, 2021

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Pure Harvest Company Team Enters Solar Marketplace by way of Joint Undertaking with DC Power Group, LLC

Denver, CO, Nov. 18, 2020 (Globe NEWSWIRE) — through NewMediaWirePure Harvest Company Team, Inc. (OTCQB: PHCG), a keeping firm centered on rising marketplaces, is excited to announce the sale of the assets of Photo voltaic Cultivation Systems, Inc. (“SCT”) to DC Electricity Group, LLC (“DCEG”) for funds and equity. The property of SCT had been obtained by the Organization pursuant to an Asset Order Settlement on September 29, 2020.  The Organization believes that the partnership amongst PHCG and DCEG to commercialize SCT’s technological know-how represents an excellent possibility to enter an exceptionally speedy increasing marketplace and aid firms do the job to lower the carbon footprint involved with their operations.

Below the terms of the agreement, PHCG is contributing all of the property of SCT to DCEG in trade for two hundred thousand dollars ($200,000) and a forty p.c (40{c4ccb20c6ee5e023c14b121342064d62c32a2c4472b559ebbaa36f347bef6114}) membership curiosity in DCEG. The knowledgeable administration group at DCEG will be dependable for commercializing SCT’s technology and managing the working day-to-day functions of the company. 

“The crew at DCEG is incredibly outstanding and has a extended historical past of operating productive corporations,” mentioned Matthew Gregarek, CEO of Pure Harvest Company Group. “We believe that that they are an extraordinary lover to assistance acquire and scale the organization and we are fired up to do the job with them to increase this business into a national procedure.”

“We are thrilled to continue building the technological innovation for photo voltaic driven micro-grids,” mentioned David Lindsey, President of DCEG. “The technologies we are at this time doing work with has the possible to drastically minimize the total of carbon-primarily based strength used by companies across the nation. As operators and regulators throughout the region begin to concentrate on industry’s carbon footprint, we think that DCEG will be properly positioned to aid minimize the carbon emissions associated with commercial operations all over the US.”

About Pure Harvest Corporate Team

The Pure Harvest Company Group, Inc. (OTCQB: PHCG) is a publicly traded keeping firm functioning in different segments of the hashish and hemp-CBD industries. The PHCG staff is dedicated to formulating, producing, and distributing large-top quality cannabis and hemp-CBD customer merchandise in marketplaces the place it is legal to do so. The Enterprise has developed numerous retail makes and product strains that are at this time offered for buy in pick marketplaces. Pure Harvest intends to expand its cannabis and hemp-CBD operations and expand globally as the rules with regards to hashish and hemp-CBD are reviewed and rewritten to repeal their prohibition.&#13

Ahead Wanting Statements

Certain statements in this information release could consist of ahead-searching information inside of the which means of Rule 175 underneath the Securities Act of 1933, are subject matter to Rule 3b-6 under the Securities Trade Act of 1934 and are matter to the risk-free harbors established by those procedures. All statements, other than statements of simple fact, involved in this release, which includes, without limitation, statements pertaining to prospective long run strategies and targets of the Corporation, are forward-searching statements that include challenges and uncertainties. There can be no assurance that this kind of statements will verify to be correct. Potential activities and results could vary materially from those set forth in, contemplated by, or underlying the forward-looking statements.

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