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Puration, Inc. (OTC Pink: PURA) announced a potential cash infusion in the next 90 days aimed at transforming its cannabis market strategy. This development follows a marijuana cultivation license obtained by its sister company, North American Cannabis Holding’s Inc. (OTC Pink: USMJ), prompting both companies to adapt their strategies to leverage the new license and changing market conditions. CEO Brian Shibley emphasized the cannabis industry's growth potential and the necessity for businesses to evolve continuously. Regular updates on the transition are expected.
Puration, Inc. (PURA) announced a significant opportunity with an impending cash infusion expected within the next 90 days, as management reports that an agreement is progressing on track. The company is also adapting its strategy following the award of a provisional cannabis cultivation license to its sister company, North American Cannabis Holdings (USMJ), in New York. This license is a result of new legislation allowing existing hemp businesses to cultivate adult-use cannabis. Both companies are reviewing their business plans in light of this development.
Puration, Inc. (OTC Pink: PURA) has announced progress on a cash infusion agreement expected within 90 days. The company is focusing on developing its Farmersville Hemp Brand and utilizes a multifaceted strategy for revenue generation, including consulting and product sales. PURA has identified a 70-acre property in Texas to enhance its sustainability amid current market conditions. They plan to provide regular updates on strategic adaptations to navigate economic challenges.
Puration, Inc. (OTC Pink: PURA) has announced a strategic agreement aimed at enhancing its resources amidst challenging market conditions. This follows previous discussions reported on May 26. The company plans to leverage its 70-acre Texas property to attract a cash infusion within 90 days, expected to bolster its sustainability. PURA's strategy includes consulting on hemp integration, selling hemp products through the Farmersville Hemp Co-Op, and investing in industrial hemp solutions. Regular updates on their adaptive strategy will be shared as market conditions evolve.
Puration, Inc. (OTC Pink: PURA) is set to finalize a key transaction this week aimed at enhancing its industrial hemp development strategy. Following strategic discussions on May 26, the company is advancing its Farmersville Hemp Brand by consulting on hemp integration into products and services, and through hemp product sales. PURA plans to leverage its 70-acre Texas property, possibly selling and leasing it back to support its operations while continuing its brand strategy on the same land. A definitive announcement regarding this transaction is expected soon.
Puration, Inc. (OTC Pink: PURA) announced ongoing strategic discussions to enhance its industrial hemp development strategy, building the Farmersville Hemp Brand. The company plans to generate revenue through consulting, sales of hemp products, and investments in hemp solutions. A 70-acre property in Texas is identified for potential sale and leaseback, allowing continued execution of the Farmersville Hemp Brand strategy. PURA expects to announce further details regarding this plan within the coming week.
Puration, Inc. (OTC Pink: PURA) announced a strategic plan to enhance its industrial hemp development strategy. The company is focusing on its Farmersville Hemp Brand, aiming to generate revenue through consultancy services, product sales, and investments in hemp solutions. CEO Brian Shibley noted challenges in accessing capital due to unfavorable market conditions, indicating a need for adaptability. Additionally, PURA is considering selling and leasing back its 70-acre Texas property to navigate current market challenges while continuing its development plans.
Puration, Inc. (PURA) is advancing its Farmersville Hemp Brand to capitalize on the industrial hemp market. The company focuses on generating revenue through consulting, sales of hemp products, and investments in hemp solutions. PURA has a 5% stake in Alkame Holdings (ALKM), which produces CBD-infused beverages. Recently, ALKM announced new production endeavors, reinforcing PURA's confidence in its investment. The CBD beverage market is projected to reach $643 million by 2026, highlighting growth potential for PURA's operations.
Puration, Inc. (USOTC: PURA) announced expectations for accelerated revenue growth following its cryptocurrency carbon credit plan. The company is diversifying its revenue through three key areas: consultative services in hemp education, Co-Op branding with partner growers under Farmersville Hemp, and strategic investments in related businesses. These initiatives aim to position PURA as a disruptor across multiple industries, including construction and pharmaceuticals, while contributing to sustainability goals for 2050.
Puration (PURA) has announced a new cryptocurrency initiative aimed at linking hemp growers to income derived from carbon credits through carbon sequestration benefits of hemp cultivation. This strategic shift comes post their 2021 annual report, transitioning from a CBD beverage focus to the broader industrial hemp market, which holds greater potential. The company plans to establish a standardized carbon measurement system and is working with a third party to develop a cryptocurrency that will aid farmers in covering cultivation costs while maximizing income from carbon credits.
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