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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 (PURA) has highlighted its partnership with North American Cannabis Holdings (USMJ), which provides PURA with royalties from the sales of the EVERx CBD Sports Nutrition Beverage. USMJ plans a major tradeshow announcement for the product's relaunch. PURA is also expanding its Farmersville Hemp brand, focusing on education, branding, and partnerships to enhance market awareness of hemp's potential. The company aims for $1 million in revenue from educational services and a goal of $10 million through branding and partnerships in 2022, with additional opportunities in the Asia Pacific region.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.05%
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Rhea-AI Summary

Puration, Inc. (OTC Pink: PURA) has outlined its strategic objectives for 2022 in a shareholder letter from CEO Brian Shibley. The company aims to expand the hemp market globally through its Farmersville Hemp brand by establishing a co-op of growers and processors. Emphasizing the disruptive potential of hemp, PURA plans a three-pronged approach involving education, branding, and partnerships. The company projects revenue growth from $1 million to $10 million in 2022, backed by investments in hemp-related enterprises and a focus on developing economies. A partnership in the Asia Pacific region is on the horizon.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.2%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.57%
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Rhea-AI Summary

Puration, Inc. (PURA) announced the relaunch of the EVERx CBD Sports Nutrition Beverage under its Farmersville Hemp brand. This initiative aims to generate high-margin partnership revenue streams, with a revenue forecast of at least $1 million and a potential upside to $10 million in 2022. The company has entered a perpetual royalty agreement with North American Cannabis Holdings (USMJ), which has acquired EVERx. The updated formula of EVERx intends to broaden its market appeal, and USMJ plans to unveil new products as part of an ecommerce expansion strategy.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.33%
Tags
partnership
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Rhea-AI Summary

Puration, Inc. (OTC Pink: PURA) announced it will release a report on February 22, 2022, detailing its progress on the 2022 strategic plan. The company aims for at least $1 million in revenue, with a potential target of $10 million, bolstered by advancements with co-op partners. PURA is expanding its hemp initiative under the Farmersville Hemp brand, forming a co-op of growers and processors to enhance market awareness. The industrial hemp market is projected to reach $18 billion by 2026, with PURA management believing the actual potential is higher due to underestimations

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

Puration, Inc. (PURA) announced its Farmersville Hemp brand aims for a robust presence in the global hemp market, projected to reach $18 billion by 2026. The company is establishing a co-op of hemp growers to enhance market recognition and maximize the benefits for all participants. PURA anticipates generating $1 million in revenue for 2022, potentially increasing to $10 million as co-op progress improves revenue outlook. A strategic overview detailing growth plans was published earlier this year, with progress updates scheduled for February 22.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.22%
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none
Rhea-AI Summary

Puration, Inc. (PURA) announced its Farmersville Hemp brand's global reach and the expansion of industrial hemp utilization. The company is forming a co-op of hemp growers and processors to enhance market awareness of hemp's diverse applications. PURA projects the industrial hemp market could surpass $18 billion by 2026, driven by sustainability initiatives. The company anticipates $1 million in revenue for 2022, potentially rising to $10 million based on co-op progress. A strategic overview will be published on February 22, detailing revenue growth efforts.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.22%
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none
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Rhea-AI Summary

Puration, Inc. (OTC Pink: PURA) anticipates generating $1 million in revenue for 2022, with a potential to reach $10 million due to improving conditions with co-op partners. The company is expanding its hemp initiatives under the brand Farmersville Hemp, building a co-op of growers and processors to enhance market awareness. A strategic overview will detail plans for growing revenue by promoting various hemp uses. A progress report is expected on February 22 to highlight advancements in revenue outlook.

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Rhea-AI Summary

Puration, Inc. (OTC Pink: PURA) has pivoted its hemp strategy to capitalize on new opportunities in 2022 with its initiative, Farmersville Hemp. This initiative involves creating a co-op of hemp growers and processors to boost market awareness of hemp's diverse applications. The company forecasts $1 million in revenue for 2022, with a potential increase to $10 million, supported by the upcoming Hemp Advancement Act and the USDA National Hemp Report, which are expected to bolster its strategic plans.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.67%
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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
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United States of America
Farmers Branch