PURA Zeros In On 2022 $10 Million Stretch Revenue Objective

Rhea-AI Summary

Puration, Inc. (OTC Pink: PURA) anticipates generating $1 million in revenue for 2022, with a potential to reach $10 million due to improving conditions with co-op partners. The company is expanding its hemp initiatives under the brand Farmersville Hemp, building a co-op of growers and processors to enhance market awareness. A strategic overview will detail plans for growing revenue by promoting various hemp uses. A progress report is expected on February 22 to highlight advancements in revenue outlook.

Positive

• Projected revenue of $1 million in 2022 with potential growth to $10 million.
• Expansion of hemp utilization globally under the Farmersville Hemp brand.
• Formation of a co-op to raise market awareness and benefits for participants.
• Upcoming report on co-op partners' progress expected to improve revenue outlook.

Negative

• None.

Dallas, Texas, Feb. 15, 2022 (GLOBE NEWSWIRE) -- Puration, Inc. (OTC Pink: 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 outlook is improving based on the recent progress of PURA’s co-op partners.

Last year, PURA retooled its years of experience with hemp to take on a much larger opportunity in 2022. PURA has launched an initiative to expand the utilization of hemp worldwide under the brand name Farmersville Hemp. PURA is building a 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 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.”

Next week, On Tuesday, February 22^nd, PURA management will publish its first progress update report on the execution of its strategic plan specifically focusing on the progress of the co-op partners that is improving PURA’s 2022 revenue outlook.

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).

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 revenue does Puration anticipate for 2022?

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

What is the focus of Puration's Farmersville Hemp initiative?

The Farmersville Hemp initiative focuses on expanding the utilization of hemp worldwide and building a co-op of growers and processors.

When will Puration publish its progress report?

Puration's progress report on co-op partners will be published on February 22, 2022.

What are the potential impacts of Puration's co-op partnerships?

The co-op partnerships are expected to improve Puration's revenue outlook through enhanced market awareness and participation.