PURA Tunes Farmersville Hemp Logo For Industrial Hemp Campaign

Rhea-AI Summary

Puration, Inc. (OTC Pink: PURA) shared an update on its Farmersville Hemp logo, encouraging shareholder feedback. The logo remains a work in progress. The company also released its industrial hemp 2022 strategic overview, aiming to boost revenue and shareholder value by tapping into the hemp market's vast potential. The industry's value is projected to reach $18 billion by 2026 and over $41 billion by 2028. PURA anticipates generating $1 million in revenue this year, with a potential of $10 million. Partnerships with several companies are also highlighted.

Positive

• Projected revenue growth from $1 million in 2022 to $10 million.
• Partnerships with other companies that could enhance market presence.
• Industry growth forecast suggests significant market potential.

Negative

• None.

Dallas, Texas, Feb. 11, 2022 (GLOBE NEWSWIRE) -- Puration, Inc. (OTC Pink: PURA) today released an update to its preliminary Farmersville Hemp logo first published yesterday looking for shareholder feedback. PURA management wants to thank everyone that sent in suggestions.  Management says the logo is still a work in progress and asks for the feedback to keep coming.  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.

The strategic plan includes details on PURA’s partnerships with North American Cannabis Holdings, Inc. (OTC Pink: USMJ), PAO Group, Inc. (OTC Pink: PAOG) and Alkame Holdings, Inc. (OTC Pink: ALKM)

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 latest update from Puration regarding its logo?

Puration has released an update on its Farmersville Hemp logo and is seeking shareholder feedback to improve it.

What revenue projections does Puration have for 2022?

Puration anticipates generating $1 million in revenue in 2022, with potential growth up to $10 million.

What is the projected market value of the industrial hemp industry?

The industrial hemp market is expected to grow to $18 billion by 2026 and over $41 billion by 2028.

What partnerships does Puration have in its 2022 strategic plan?

Puration's strategic plan includes partnerships with North American Cannabis Holdings, PAO Group, and Alkame Holdings.

What does Puration's strategic overview aim to achieve?

The strategic overview aims to increase revenue and shareholder value by exploiting the various uses of hemp.