Pure Harvest Cor Stock Price, News & Analysis

Pure Harvest Corporate Group (OTC: PHCG) closed its acquisition of Mixie IP Holdings and Mixie Labs on November 13, 2025, making Mixie a wholly owned subsidiary.

Consideration consists of PHCG preferred shares and warrants. Mixie’s IP includes intelligent media transport, AI/ML edge pipelines, computer-vision analytics, spatial/AR interfaces, an LTMS training suite, and an enhanced video platform. PHCG says it executed agreements to retain core engineering and product leadership and plans to commercialize via SDK licensing, white-label deals, and managed deployments across digital twins, property operations, healthcare training, and social gaming.

Pure Harvest Corporate Group (OTC: PHCG) signed a letter of intent on Oct 28, 2025 to acquire 100% of Mixie IP Holdings and Mixie Labs, subject to a definitive agreement and customary approvals.

The contemplated consideration is PHCG preferred equity (Series A and B) and warrants with no anticipated cash component. The acquisition scope includes software, AI pipelines, edge inference, immersive AR/VR interfaces, and related know-how to support digital twin, low‑latency video, interactive training, and venue/media applications.

Founders Darshan Sedani and Teodros Gessesse are expected to join PHCG’s board and enter advisory roles to support integration, commercialization, and go‑to‑market execution.

Pure Harvest Corporate Group (OTC: PHCG) has announced the complete elimination of all debt from its balance sheet, marking a significant milestone in the company's transformation. The company has successfully executed a comprehensive restructuring of its liabilities, strengthening its financial foundation.

Under the leadership of Interim CEO and Chairman Richard Hawkins, Pure Harvest is now positioned to pursue strategic growth initiatives and acquisitions. While specific transactions are not yet announced, the company is actively evaluating opportunities across high-potential sectors, focusing on scalable operations and proven leadership.

Pure Harvest Corporate Group (OTC: PHCG), a strategic holding company, announced significant progress in strengthening its balance sheet through debt reduction initiatives. The company successfully settled $2.4 million of debt through common stock issuance at $0.10 per share. Additionally, $1.8 million in liabilities were extinguished through voluntary debt forgiveness agreements with creditors.

CEO Richard Hawkins emphasized the company's commitment to streamlining its capital structure. Management indicated ongoing negotiations with remaining noteholders and creditors, anticipating further liability reductions in upcoming quarters to improve financial health and enable new strategic initiatives.

Pure Harvest Corporate Group, Inc. (OTC: PHCG) has successfully reduced approximately $2.8 million in Senior Debt following a settlement agreement with creditors. The U.S. District for Wyoming has dismissed all debt-related claims. CEO Matthew Gregarek highlighted this reduction's positive impact on the balance sheet and emphasized the company's focus on growth opportunities within the hemp and cannabis sectors. The company aims to secure additional capital for further debt reduction and to capitalize on emerging market opportunities, enhancing long-term shareholder value.

Pure Harvest Corporate Group (OTCQB: PHCG) has entered a letter of intent to acquire a 51% interest in Peak Holdings, expanding its footprint in Colorado and beyond. This acquisition includes two retail dispensaries—one on Denver's Green Mile and another in Sedgwick—aimed at enhancing market access. With operations also in Arizona and a pending agreement in New York, Pure Harvest seeks significant growth in these emerging cannabis markets. Company executives expressed enthusiasm for the partnership and the potential to build a national cannabis brand.

Pure Harvest Corporate Group (OTCQB: PHCG) has engaged GF Consulting, LLC to identify cannabis acquisition targets in Colorado. Alongside, the company has entered a non-binding letter of intent with Green Farms, LLC for a potential acquisition aimed at expanding its operations in Colorado Springs. CEO Matthew Gregarek emphasized the strategic importance of this partnership in increasing market presence and shareholder value. The acquisition will enhance Pure Harvest's footprint in Colorado's growing medical cannabis market, especially with the potential future rollout of retail cannabis.

Pure Harvest Corporate Group (OTCQB: PHCG) released its third quarter results, reporting total sales revenue of $507,865, up from $318,690 year-over-year. The company surpassed $2 million in sales for 2021, with an adjusted EBITDA of $2,020,520. Significant growth is credited to the acquisition of SKM and the establishment of a retail facility in Colorado. However, plans for a $30 million investment from Kingpins International fell through, prompting potential legal actions. A new subsidiary, Phytocare, Inc., aims to distribute CBD products through healthcare networks, targeting 2.2 million patients.

Pure Harvest Corporate Group, Inc. (OTCQB: PHCG) issued a corrected press release following earlier inaccuracies. Key financial highlights include a significant revenue increase for Q2 2021, rising from $3,951 in Q2 2020 to $762,778. Gross profit also improved from -$36,114 to $150,660. The company reported $1.56 million in year-to-date revenue. Notable operating achievements include the first anniversary of its Colorado operations, a share agreement for $30 million with Kingpins International, and the launch of new product lines like Hemparita and Zosi.