PURA Plans To Break Ground By July On New Hemp Brand Lifestyle Facilities
Puration, Inc. (USOTC: PURA) announced plans to begin construction this summer on a 70-acre property in Farmersville, Texas. This development supports the expansion of its EVERx CBD Sports Water business, which generates approximately $2 million annually. The company is also launching a new hemp lifestyle brand and forming partnerships to pilot various hemp products, including CBD-infused items with Alkame Holdings Inc. Furthermore, PURA is collaborating with PAO Group, Inc. to establish an indoor hemp cultivation operation for pharmaceutical-grade hemp.
- Plans to commence construction on a 70-acre property in Farmersville, Texas, enhancing operational capacity.
- Expansion of the EVERx CBD Sports Water business contributing approximately $2 million in annual revenue.
- Launch of a new hemp lifestyle brand aimed at increasing market awareness.
- Strategic partnerships to develop innovative CBD products, potentially driving consumer interest and sales.
- None.
DALLAS, Feb. 4, 2021 /PRNewswire/ -- Puration, Inc. (USOTC: PURA) today announced finalizing plans to break ground this summer on its recently acquired 70-acre property in Farmersville, Texas to begin construction on its new facilities.
PURA recently announced expanding upon its current EVERx CBD Sports Water business generating approximately
PURA is building partnerships with other hemp related industry companies to pursue pilot enterprises that will help demonstrate full utility of hemp.
PURA and Alkame Holdings Inc. (USOTC: ALKM) recently announced the two companies plan to produce and test market a CBD infused liquid sugar, a CBD infused pet food supplement and a CBD sexual wellness flavored lubricant.
PURA has also entered into a partnership with PAO Group, Inc. (USTOC: PAOG) to build an indoor hemp cultivation operation intended to develop a proprietary, pharmaceutical grade, hemp cultivar.
PURA and North American Cannabis Holdings, Inc. (USOTC: USMJ) recently announced entering strategic negotiations.
Next week, PURA will publish an online, multimedia presentation to further detail facility plans scheduled to go into construction this summer.
For more information on Puration, visit http://www.purationinc.com
Contact:
Puration, Inc.
Brian Shibley,
info@aciconglomerated.com
(800) 861-1350
Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that Alkame will achieve significant sales, the failure to meet schedule or performance requirements of the Company's contracts, the Company's liquidity position, the Company's ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur. These statements have not been evaluated by the Food and Drug Administration. These products are not intended to diagnose, treat, cure, or prevent any disease.
Contact:
Puration, Inc.
Brian Shibley,
info@aciconglomerated.com
(800) 861-1350
Source: Puration, Inc.
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SOURCE Puration, Inc.
FAQ
What are Puration's future construction plans for 2021?
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What is the purpose of Puration's partnership with PAO Group, Inc.?
