PURA Previews Farmersville Hemp Logo As Industrial Hemp Campaign Heats Up

Rhea-AI Summary

Puration, Inc. (OTC Pink: PURA) has unveiled a preliminary logo for its Farmersville Hemp initiative, seeking community feedback. The company aims to enhance its industrial hemp marketing strategy, projected to reach $18 billion by 2026. Management anticipates generating $1 million in revenue in 2022, with potential growth to $10 million. The Sustainability Market is expected to rise from $9 billion in 2021 to over $41 billion by 2028, with PURA believing that the full impact of hemp utilization is not reflected in current forecasts.

Positive

• Projected revenue growth from $1 million in 2022 to potentially $10 million.
• Industrial hemp market expected to grow to $18 billion by 2026.
• Sustainability Market forecasted to increase from $9 billion in 2021 to over $41 billion by 2028.

Negative

• None.

Dallas, TX, Feb. 10, 2022 (GLOBE NEWSWIRE) -- Puration, Inc. (OTC Pink: PURA) today released a preview of its preliminary Farmersville Hemp logo as the company further advances its industrial hemp marketing campaign.  The company is eager to receive feedback on the logo.  Send your comments and recommendations here.

PURA recently published its industrial hemp 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.

The industrial hemp industry, to include the portion of CBD exclusively from hemp, is anticipated to grow to $18 billion by 2026.

PURA management thinks this is a substantial underestimate because the industry has yet to recognize the multitude of ways hemp can be utilized.

The Sustainability Market is expected to expand from $9 billion reported in 2021 to over $41 billion by 2028.

PURA management believes the impact hemp can have on sustainability is not fully baked into the industrial hemp forecasts.

PURA anticipates generating $1 million in revenue in 2022 with the potential to reach $10 million in revenue this year. 

See the company’s 2022 Industrial Hemp Strategic Plan to learn more.

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