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Puration, Inc. (PURA) and PAO Group, Inc. (PAOG) have completed a transaction where PAOG acquires an exclusive license for a patented cannabis extraction process from PURA, enhancing PAOG's CBD intellectual property portfolio. The license acquisition follows PAOG's previous research into CBD extraction methods and is crucial for developing pharmaceutical and nutraceutical treatments. PURA is transitioning its focus to the Farmersville Hemp brand, with the partnership intending to create CBD-infused products. PURA will receive royalties from this licensing agreement.
Puration, Inc. (OTC Pink: PURA) announced its expectation to sign contracts in December, contributing to its $1 million revenue forecast for 2022. The company has developed a business model focusing on industrial hemp with three revenue sources: education, branding, and partnerships. The initial forecast conservatively only considers education revenue, but management suggests that branding and partnerships may boost revenue significantly, potentially leading to upward revisions of the forecast throughout 2022.
Puration, Inc. (PURA) has finalized terms with PAO Group, Inc. (PAOG) for the latter to acquire an exclusive license for a patented cannabis extraction process. This acquisition enhances PAOG's CBD intellectual property portfolio. The deal follows PAOG's previous acquisition of related intellectual property and is aimed at developing pharmaceutical and nutraceutical treatments. PURA is now focusing on a hemp business cooperative named Farmersville Hemp and forecasts an estimated $1 million revenue for 2022, with potential for substantial growth through partnerships.
Puration, Inc. (OTC Pink: PURA) has confirmed its initial revenue forecast of $1 million for 2022, describing it as conservative. CEO Brian Shibley stated that this estimate is based on only one of three anticipated income sources: education. He encouraged stakeholders to consider potential revenues from branding and partnerships, which could significantly enhance income. The company aims to address inquiries about its forecast, reinforcing confidence in its revenue generation capabilities.
Puration, Inc. (PURA) and PAO Group, Inc. (PAOG) are teaming up to advance a pharmaceutical-grade cannabis cultivation initiative through tissue culture technology. Inspired by a recent announcement from Pharmagreen Biotech, the partnership aims to develop a cultivation and extraction facility in Farmersville, Texas. The companies believe this technology will enhance their operations, contributing to the Farmersville Hemp brand.
Puration, Inc. (USOTC: PURA) projects a conservative revenue forecast of $1 million for 2022, driven by its new Farmersville Hemp Brand. CEO Brian Shibley emphasizes the importance of the Farmersville property, which aims to act as an educational facility for integrating industrial hemp into existing businesses. Revenue will stem from three sources: education, branding, and strategic partnerships. Key partnerships, including a 5% stake in Alkame Holdings and a $1 million investment in cannabis supplies, are expected to enhance brand development and provide substantial ROI opportunities.
Puration, Inc. (PURA) has announced an initial revenue forecast of $1 million for 2022, considering it conservative with potential future adjustments. CEO Brian Shibley highlighted three revenue sources: Education, Branding, and Partnerships. The company is developing the Farmersville Hemp Brand, leveraging a property acquired from UC Asset LP, which is now a financial partner. Despite challenges from Covid, PURATION plans to conduct training at an alternate site as the facility is under construction, positioning itself for growth in the sustainability market.
Puration, Inc. (PURA) has announced plans to establish its Farmersville Hemp Brand, aiming to generate revenue from education, branding, and partnerships. Despite previous Covid-related delays, the company is confident in its strategic development of its Farmersville facility, which will serve as an educational hub for integrating industrial hemp into existing operations. Partnerships with UC Asset LP (UCASU) and investments in Alkame Holdings, Inc. and a cannabis supply company highlight PURA's growth strategy. The company anticipates initiating revenue generation and growth in 2022.
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