STOCK TITAN

PURATION INC - PURA STOCK NEWS

Welcome to our dedicated page for PURATION news (Ticker: PURA), a resource for investors and traders seeking the latest updates and insights on PURATION stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect PURATION's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of PURATION's position in the market.

Rhea-AI Summary

Puration, Inc. (OTC Pink: PURA) has finalized its transition from a CBD beverage company to an industrial hemp enterprise, as highlighted in a shareholder update from CEO Brian Shibley on April 20, 2022. The company has divested its CBD beverage assets to North American Cannabis Holdings, maintaining a royalty revenue stream. PURA aims to cultivate three revenue streams: consultive revenue from hemp education, Co-Op revenue under the Farmersville Hemp Brand, and investment revenue. The firm is optimistic about future opportunities despite current market uncertainties.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.57%
Tags
none
-
Rhea-AI Summary

Puration, Inc. (OTC Pink: PURA) and PAO Group, Inc. are collaborating on a new line of CBD Nutraceuticals under PURA's Farmersville Hemp Brand, aiming to tap into the $40 billion women’s health market. The companies anticipate that this product line will enhance 2022 revenue beyond current projections. Launching later this month, the new CBD Nutraceuticals will be available on North American Cannabis Holding's ecommerce site. This collaboration is part of PURA's strategy to position itself as a multi-industry disruptor and contribute to sustainability objectives by 2050.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.33%
Tags
none
-
Rhea-AI Summary

Puration, Inc. (OTC Pink: PURA) released its 2021 annual report, highlighting a significant transition from CBD beverages to an industrial hemp business. CEO Brian Shibley indicated that the company is poised for revenue growth in this new sector. The upcoming shareholder update on April 20, 2022, will detail the shifting revenue streams, including royalties from its former product and the new Farmersville Hemp brand. Additionally, the update will cover international partnerships and developments in hemp production, further aligning with sustainability goals.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.14%
Tags
none
Rhea-AI Summary

Puration, Inc. (PURA) has announced a shareholder update scheduled for April 20, 2022, following the upcoming release of its 2021 annual report. The company is enhancing its Farmersville Hemp Brand to disrupt multiple industries and contribute to sustainability goals by 2050. This update will cover the transition of revenue from royalties tied to the EVERx CBD Sports Beverage and will include insights on a new deal in Asia for expanding hemp access, a crypto carbon credit strategy, and partnerships with PAO Group, Alkame Holdings, and UC Asset.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.15%
Tags
none
-
Rhea-AI Summary

Puration, Inc. (OTC Pink: PURA) aims to disrupt industries including the $600 billion lumber market and the $200 billion steel rebar market, now setting its sights on the plant-based food market. The market is projected to grow from $44 billion in 2022 to $77 billion by 2028. PURA is establishing a Co-Op of hemp growers to market under the Farmersville Hemp Brand and plans to release a shareholder update with details on transitioning revenue from its former EVERx CBD beverage and new hemp ventures. The company is also exploring opportunities in Asia and developing a crypto carbon credit strategy.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary

Puration, Inc. (OTC Pink: PURA) is advancing its Farmersville Hemp Brand as a multi-industry disruptor with significant implications for sustainability by 2050. The company has targeted the $600 billion global lumber market, $200 billion steel rebar market, and is now focusing on the plant-based food market, which is projected to grow from $44 billion in 2022 to $77 billion by 2028. PURA is establishing a Co-Op for hemp growers and processors to enhance joint marketing efforts and plans to update shareholders on revenue transitions and new market developments including a deal in Asia.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.54%
Tags
none
Rhea-AI Summary

Puration, Inc. (OTC Pink: PURA) is advancing its Farmersville Hemp Brand as a multi-industry disruptor, contributing to sustainability goals for 2050. The company is forming a Co-Op of hemp growers and processors, collaborating with partners like PAO Group and Alkame Holdings. A shareholder update will accompany the upcoming annual report, detailing revenue from royalties of its former EVERx CBD Sports Beverage and new Farmersville Hemp revenues. The update will also cover a developing deal in Asia and a crypto carbon credit strategy.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.53%
Tags
none
-
Rhea-AI Summary

Puration (PURA) and PAO Group (PAOG) are collaborating to launch a new line of CBD Nutraceuticals under PURA's Farmersville Hemp Brand targeted at the $40 billion women’s health market. The joint venture aims to enhance 2022 revenue forecasts, with products expected to debut in April. In addition, these items will be sold through North American Cannabis Holding’s ecommerce site, USMJ.com. Both companies are also working with Alkame Holdings on further hemp-based products, indicating a strategic push into the wellness sector.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.19%
Tags
none
-
Rhea-AI Summary

Puration, Inc. (OTC Pink: PURA) is launching its Farmersville Hemp Brand, focusing on disrupting multiple industries through hemp innovation and contributing to sustainability goals by 2050. The company is establishing a Co-Op of hemp growers and processors, with partners that include PAO Group and Alkame Holdings. PURA plans to highlight its revenue transition in an upcoming shareholder update, leveraging royalties from its former CBD beverage sales and new Farmersville Hemp revenue. Construction is underway for a facility in Texas to educate corporations on hemp's benefits.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.56%
Tags
none
Rhea-AI Summary

Puration, Inc. (USOTC: PURA) is optimistic about the potential benefits of federal marijuana legalization, with the House scheduled to vote soon. The company is focusing on its Farmersville Hemp Brand, aiming to disrupt the $600 billion global lumber and $200 billion steel rebar markets. Legalization could enhance investment opportunities in the cannabis sector. PURA has commenced construction on a Texas facility for customized education on hemp's efficiency in meeting sustainability targets.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.26%
Tags
none

FAQ

What is the current stock price of PURATION (PURA)?

The current stock price of PURATION (PURA) is $0.000001 as of April 16, 2024.

What is the market cap of PURATION (PURA)?

The market cap of PURATION (PURA) is approximately 1.7M.

PURATION INC

OTC:PURA

PURA Rankings

PURA Stock Data

1.70M
1.56B
0%
Pollution & Treatment Controls
Industrials
Link
United States of America
Farmers Branch