PURA Targets $10 Million In 2022 Revenue From New Farmersville Hemp Business

Rhea-AI Summary

Puration, Inc. (OTC Pink: PURA) announced the upcoming release of a strategic overview presentation on January 18, 2022. This presentation will outline the company’s plans to achieve $1 million in revenue, with a potential target of $10 million. Additionally, it will provide updates on the Farmersville Hemp Brand facility, supported by UC Asset LP (OTCQX: UCASU), which is expanding into cannabis real estate. UCASU is also planning to uplist to either Nasdaq or the NYSE.

Positive

• Forecasted revenue of $1 million for 2022, with a target of $10 million.
• Support from UC Asset LP for the Farmersville Hemp Brand facility.
• UCASU's plans to uplist to Nasdaq or NYSE could enhance visibility.

Negative

• None.

Dallas, Texas, Jan. 12, 2022 (GLOBE NEWSWIRE) -- Puration, Inc. (OTC Pink: PURA) today announced the company will publish a strategic overview presentation next week on Tuesday, January 18^th covering the company’s 2022 plan to achieve a forecasted $1 million in revenue and reach for a potential $10 million in revenue.  The presentation will include the latest on PURA’s backing from UC Asset LP (OTCQX: UCASU) to construct the Farmersville Hemp Brand facility central to PURA’s updated business plan.  UCASU is a diversified real estate investment company.  UCASU has recently entered the cannabis real estate investment sector.  UCASU also recently announced plans to uplist to Nasdaq or the NYSE.

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 revenue forecast for 2022?

Puration forecasts $1 million in revenue for 2022, aiming for a potential $10 million.

When will Puration release its strategic overview presentation?

Puration will release its strategic overview presentation on January 18, 2022.

Who is backing Puration's Farmersville Hemp Brand facility?

The Farmersville Hemp Brand facility is backed by UC Asset LP.

What are UC Asset LP's plans regarding stock listings?

UC Asset LP plans to uplist to either Nasdaq or NYSE.