PURA Hemp Crypto Carbon Credit and Asian Expansion On Track

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.

Positive

• Formation of a Co-Op with partners enhances product offerings and market reach.
• Transitioning revenue includes royalties from EVERx CBD and new Farmersville Hemp revenues.
• Plans for international expansion through a deal in Asia.
• Innovative strategy involving crypto carbon credits to target sustainability.

Negative

• None.

Dallas, Texas, April 06, 2022 (GLOBE NEWSWIRE) -- Puration, Inc. (OTC Pink: PURA) is building the Farmersville Hemp Brand as a multi-industry disruptor that can improve many existing products and services and at the same time contribute notably to the 2050 sustainability objectives.

PURA is building a Co-Op of hemp growers and processors to jointly market under the Farmersville Hemp Brand Name. Co-Op partners include, for example, PAO Group, Inc. (OTC Pink: PAOG) and Alkame Holdings, Inc. (OTC Pink: ALKM).

PURA management plans to release a shareholder update in conjunction with the coming 2021 annual report (The company filed an extension and intend to publish the report within the extension window). The update will highlight the company’s transitioning revenue building on the royalties from its former EVERx CBD Sports Beverage sold to North American Cannabis Holdings, Inc. (OTC Pink: USMJ) and now adding Farmersville Hemp revenue.

The update will also include the latest information on the company’s developing deal in Asia to expand its access to hemp growers as well as the company’s progress on introducing a cyrpto carbon credit strategy.

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 Puration's strategy with the Farmersville Hemp Brand?

Puration is building the Farmersville Hemp Brand as a multi-industry disruptor, collaborating with a Co-Op of hemp growers and processors to enhance market offerings.

What are the anticipated revenues from Puration's hemp operations?

The upcoming shareholder update will detail transitioning revenues from royalties on the former EVERx CBD Sports Beverage and new revenues from the Farmersville Hemp initiative.

Is Puration expanding into international markets?

Yes, Puration is developing a deal in Asia to expand its access to hemp growers, enhancing its market presence.

What innovative strategies is Puration implementing?

Puration is introducing a crypto carbon credit strategy as part of its commitment to sustainability and environmental impact.

When will Puration release its annual report?

Puration plans to publish its annual report within the extension window, along with a shareholder update.