PURA Highlights House Vote For Federal Marijuana Legalization Expected This Week

Rhea-AI Summary

Puration, Inc. (OTC Pink: PURA) is highlighting the potential positive impact of federal marijuana legalization on its business. The House is expected to vote on legalization soon. Under its Farmersville Hemp Brand, PURA aims to disrupt the $600 billion global lumber and $200 billion steel rebar markets by promoting hemp as a sustainable resource. The company has begun constructing a facility in Farmersville, Texas, for consultative education on hemp's efficiency benefits. Legalization could unlock funding opportunities, significantly driving growth for PURA.

Positive

• Potential for federal legalization of marijuana, which could open new investment opportunities.
• Initiated construction on a new facility in Farmersville, Texas, aimed at educating corporate customers on hemp.

Negative

• None.

Dallas, Texas, March 29, 2022 (GLOBE NEWSWIRE) -- Puration, Inc. (OTC Pink: PURA) management today highlighted the potential benefits to the company in the event marijuana was legalized federally. The House is expected to vote this week on legalization:

House poised to pass bill legalizing marijuana

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 management emphasizes that investment and financing for companies in the cannabis sector, hemp or marijuana, is complicated by the current federal prohibition of cannabis.  Legalization could open up new resources that could drive exponential growth.

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 significance of the upcoming House vote on marijuana legalization for Puration (PURA)?

The House vote on marijuana legalization could provide Puration with new investment opportunities and drive exponential growth, as the current federal prohibition complicates financing in the cannabis sector.

What markets is Puration targeting with its Farmersville Hemp Brand?

Puration is targeting the $600 billion global lumber market and the $200 billion steel rebar market with its Farmersville Hemp Brand.

Where is Puration's new facility located and what is its purpose?

Puration's new facility is located in Farmersville, Texas, and will focus on providing consultative education about how hemp can enhance the efficiency of existing products and meet sustainability goals.