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PURA Expects To Close Industrial Hemp Expansion Deal Next Month

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Puration, Inc. (OTC Pink: PURA) has announced plans to significantly increase its industrial hemp production capabilities with an expected agreement next month. The company aims to establish its first partnership in the $1.2 billion Asia Pacific hemp market, focusing on sustainability and carbon-neutral objectives. Under its new Farmersville Hemp Brand strategy, PURA is set to disrupt various global markets, including the $600 billion lumber and $200 billion steel rebar sectors. A facility is being developed in Farmersville, Texas, to educate corporate customers on utilizing hemp for improved product efficiency.

Positive
  • Anticipating an agreement to greatly expand access to industrial hemp production.
  • Establishing a partnership in the $1.2 billion Asia Pacific hemp market.
  • Strategic focus on sustainability with carbon-neutral goals.
  • Initiating construction of a facility in Texas for corporate education on hemp applications.
Negative
  • None.

Dallas, Texas, March 22, 2022 (GLOBE NEWSWIRE) -- Puration, Inc. (OTC Pink: PURA) today announced the company anticipates executing an agreement next month in April that will substantially expand their access to industrial hemp production for both fiber and extracts.

As part of PURA’s Farmersville Hemp Brand strategy, PURA is on track to solidify its first partnership in the $1.2 billion Asia Pacific hemp region in order to tap into richer resources that can accelerate the expansion of industrial hemp solutions.

PURA has implemented a strategy to disrupt major global markets with the introduction of hemp-based alternatives that contribute to carbon neutral objectives.

Under its new Farmersville Hemp Brand, PURA is working to introduce hemp as a multi-industry disruptor that can be a base of a better product or service contributing notably to the 2050 sustainability objectives. PURA recently announced a strategy targeted at disrupting the $600 billion global lumber market and the $200 billion steel rebar market.

PURA has initiated construction on a facility in Farmersville, Texas where the company will conduct consultative education customized for each corporate customer to hands on demonstrate how hemp can be utilized to improve the efficiency of existing products and services and meet 2050 sustainability targets.

Read the company’s latest comprehensive update on PURA’s Farmersville Hemp Brand rollout.

For more information on Puration, visit http://www.purationinc.com

Disclaimer:
This News Release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause our actual results, performance or achievements, or industry results, to differ materially from any these statements. You are cautioned not to place undue reliance on any those forward-looking statements. Except as otherwise required by the federal securities laws, we undertake no obligation to publicly update or revise any forward-looking statements after the date of this news release. None of such forward-looking statements should be regarded as a representation by us or any other person that the objectives and plans set forth in this News Release will be achieved or be executed.

For More Information Contact:
Puration, Inc.
Brian Shibley,
info@aciconglomerated.com
(800) 861-1350


FAQ

What is the recent announcement from Puration, Inc. regarding industrial hemp?

Puration, Inc. announced plans to execute an agreement next month that will significantly enhance its access to industrial hemp production.

How does Puration plan to disrupt markets with hemp?

Under its Farmersville Hemp Brand, Puration aims to introduce hemp-based alternatives targeting the $600 billion lumber and $200 billion steel rebar markets.

What is the significance of the partnership in the Asia Pacific hemp market for PURA?

The partnership in the $1.2 billion Asia Pacific hemp market is expected to accelerate industrial hemp solutions and enhance resource access for Puration.

Where is Puration building its new facility?

Puration is constructing a facility in Farmersville, Texas, aimed at educating corporate customers on utilizing hemp to improve product efficiency.

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