Dallas, TX -- October 18, 2016 -- InvestorsHub NewsWire -- Puration, Inc. (PURA) has recently gained increased attention within the cannabis sector for its proprietary cannabis extraction process and collaboration agreements to infuse cannabis extracts into consumer food and beverage products.  With recreational marijuana on ballots this November in five states (California, Arizona, Maine, Massachusetts and Nevada), Puration’s market opportunity could substantially increase.  The two current collaboration agreements target the sale of CBD infused products nationally, but Colorado, where recreational marijuana is already legal, is the only state where Puration is currently working to bring a THC infused beverage to market.  If more states pass recreational marijuana laws, then Puration has that much larger a market for THC infused beverages.
 
Puration has published a preliminary $3 million forecast based on three anticipated contracts. The Company has already announced two of the three contracts and management indicated the third is pending.
 
Puration acquired its proprietary extraction assets from North American Cannabis Holdings, Inc. (USMJ) last year.  North American Cannabis Holdings entered the cannabis sector in 2013 piloting a successive series of entrepreneurial cannabis enterprises.  North American Cannabis Holdings is commercializing one pilot project graduate in-house with a second graduate being commercialized in a spinoff under Puration.  Puration is a model for the future of North American Cannabis Holdings with future PURA-like spinoffs and dividends to come.
 
To learn more about Puration: http://www.purationinc.com

Follow Puration on Twitter: https://twitter.com/Puration710

Visit Puration on Facebook: https://www.facebook.com/puration/ 

To learn more about North American Cannabis Holdings: http://www.growusmj.com.

Follow the Company on Twitter: https://twitter.com/US_HEMP 

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. These forward looking statements relate to, amongst other things, current expectation of the business environment in which the company operates, potential future performance, projections of future performance and the perceived opportunities in the market. The company's actual performance, results and achievements may differ materially from the expressed or implied in such forward-looking statements as a result of a wide range of factors.

Puration Contact:
Brian Shibley, CEO
info@puraitoninc.com
+1-214-937-9097

USMJ Contact:
Steven Rash 
Phone: +1-972-528-0162 
Email: Info@growusmj.com

 

 

 

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