PURA Prepares For USDA National Hemp Report As Hemp Grain And Fiber Value Grow

Rhea-AI Summary

Puration, Inc. (OTC Pink: PURA) has launched a co-op for hemp growers and processors, named Farmersville Hemp, to enhance market awareness and brand recognition. The company anticipates generating $1 million in revenue for 2022, with potential growth up to $10 million, supported by partnerships with firms like Alkame Holdings and North American Cannabis Holdings. Management is looking forward to insights from the USDA National Hemp Report on February 17 to further develop their strategy. A strategic overview was also published detailing growth plans.

Positive

• Launch of Farmersville Hemp co-op to boost market awareness.
• Projected revenue of $1 million in 2022 with a potential increase to $10 million.
• Partnerships with multiple companies to enhance business opportunities.

Negative

• None.

Dallas, TX, Feb. 02, 2022 (GLOBE NEWSWIRE) -- Puration, Inc. (OTC Pink: PURA) has launched co-op of hemp growers and processors to raise market awareness around the multitude of yet to be realized uses of hemp and build a brand name to benefit all co-op participants under the name Farmersville Hemp.

PURA management today highlighted a recent article titled Hemp Industry Pivots Toward Grain and Fiber as a good indication that PURA’s Farmersville Hemp branding strategy is well-timed.

PURA management is eager to see the upcoming USDA National Hemp Report anticipated on February 17^th in anticipation of the report having important information to be utilized in the ongoing development of PURA’s Farmersville Hemp strategy.

PURA recently 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 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.

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

Look for more details later this week on PURA’s solar-powered solution.

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 Farmersville Hemp co-op by Puration (PURA)?

The Farmersville Hemp co-op is a newly launched initiative by Puration, Inc. to enhance market awareness and build a brand name among hemp growers and processors.

What revenue does Puration (PURA) anticipate for 2022?

Puration expects to generate $1 million in revenue for 2022, with the potential to reach $10 million.

When is the USDA National Hemp Report being released?

The USDA National Hemp Report is anticipated on February 17, 2022, which will provide important information for Puration's strategy.

Who are the partners of Puration's co-op?

Puration's co-op partners include Alkame Holdings, PAO Group, North American Cannabis Holdings, and UC Asset.