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PURA Farmersville Hemp Partnership Income Potential Enhanced By ALKM Progress

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partnership
Rhea-AI Summary

Puration, Inc. (OTC Pink: PURA) emphasized its 5% investment in Alkame Holdings, Inc. (OTC Pink: ALKM) amid ALKM's significant revenue growth potential from new product lines. PURA aims to generate $1 million in revenue in 2022, with a possibility of reaching $10 million, bolstered by its co-op initiative under the "Farmersville Hemp" brand. The marketing strategy includes income from co-op partners like PAO Group, Inc., North American Cannabis Holdings, and UC Asset LP. The company's strategic overview highlights plans to enhance shareholder value through increased market demand for hemp.

Positive
  • PURA has a 5% stake in Alkame Holdings, indicating potential value increase with ALKM's revenue growth.
  • Projected 2022 revenue of $1 million, with a potential increase to $10 million.
  • Establishment of a marketing co-op under "Farmersville Hemp" could enhance revenue generation.
Negative
  • None.

Dallas, TX, Jan. 20, 2022 (GLOBE NEWSWIRE) -- Puration, Inc. (OTC Pink: PURA) today highlighted the recent progress of Alkame Holdings, Inc. (OTC Pink: ALKM) in light of PURA’s 5% stake in ALKM.

Earlier this week, PURA published a 2022 strategic overview detailing the company’s plan to grow revenue and increase shareholder value by driving market wide demand for the “multitude of yet to be realized uses of hemp.”

PURA is building a marketing co-op under the brand name “Farmersville Hemp.”  PURA’s strategy to monetize its branding effort includes generating income from investments in co-op partners.

ALKM has released a number of recent announcements demonstrating substantial revenue growth potential with the addition of new product lines.  The new product lines have the potential to contribute to notable revenue growth in 2022 for ALKM which in turn has the potential to increase the value of PURA’s 5% stake.

PURA anticipates generating $1 million in revenue in 2022 with the potential to reach $10 million in revenue this year.  The $10 million revenue opportunity is enhanced by the progress of PURA’s co-op partners.

Other PURA co-op partners include PAO Group, Inc. (OTC Pink: PAOG), North American Cannabis Holdings, Inc. (OTC Pink: USMJ), and UC Asset LP (OTCQX: UCASU).

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 significance of PURA's 5% stake in Alkame Holdings?

PURA's 5% stake in Alkame Holdings (ALKM) positions it to benefit from ALKM's substantial revenue growth potential, particularly from new product lines.

What revenue does Puration, Inc. expect in 2022?

Puration, Inc. anticipates generating $1 million in revenue for 2022, with a growth opportunity up to $10 million.

What is the Farmersville Hemp marketing co-op?

The Farmersville Hemp marketing co-op is part of Puration's strategy to generate income through investments in co-op partners and increase market demand for hemp.

Which companies are PURA's co-op partners?

PURA's co-op partners include PAO Group, Inc., North American Cannabis Holdings, Inc., and UC Asset LP.

How does ALKM's performance affect PURA's stock?

ALKM's performance and revenue growth directly impact the value of PURA's 5% investment, potentially increasing PURA's overall market valuation.

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