Puration and Spanish Peaks To Announce Cannabis Beverage Name Contest Winner Tomorrow October 21 2016
October 20 2016 - 9:47AM
InvestorsHub NewsWire
Dallas, TX- October 20, 2016 –
InvestorsHub NewsWire -- Puration, Inc. (PURA)
and Colorado based Spanish Peaks ScumpDelicacies today announced
the Spanish Peaks Cannabis Infused Beverage Naming
Contest Winners will be announced.
Puration and Spanish Peaks recently entered into a $1 million
collaboration agreement to produce and co-market THC and CBD
infused beverages.
In conjunction with the collaboration agreement, Spanish Peaks
launched a contest online inviting the public to propose and
promote names for the first cannabis infused beverages.
Results have now been tabulated. Winners will be contacted
today and announced tomorrow.
Puration utilizes a highly refined cannabis extraction process to
deliver consistent and high-quality cannabis
extracts. Puration recently announced an
independent lab test certifying Puration CBD extract at 98%
purity. The Company’s business strategy
is to develop collaboration agreements with food and beverage
companies to co-market food and beverage products infused with
Puration’s cannabis extracts. Puration
has published a business plan with a $3 million revenue forecast on
the Company’s website.
Spanish Peaks ScrumpDelicacies is a venture backed startup
dedicated to building cannabis consumer product production capacity
in the Southern Front Range Region of Colorado. After
the Southern
Colorado Town of Walsenburg was featured in a USA
TODAY report last year as a
potentially ideal region for the evolving cannabis industry yet
underserved by the investment community, the Spanish Peaks
ScrumpDelicacies initiative was born.
Together the two companies plan to develop a line of THC and CBD
infused beverage products for the consumer market to be sold where
law currently permits. The cornerstone of the collaboration
agreement and the first year budgeted $1 million sales objective is
founded on an affiliated distribution partnership.
To learn more about Puration:
www.purationinc.com
Follow Puration on
Twitter: https://twitter.com/Puration710
Visit Puration on
Facebook: https://www.facebook.com/puration/
Safe Harbor Act: This release includes forward-looking statements
made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995 that involves risks and
uncertainties including, but not limited to, the impact of
competitive products, the ability to meet customer demand, the
ability to manage growth, acquisitions of technology, equipment, or
human resources, the effect of economic business conditions and the
ability to attract and retain skilled personnel. The Company is not
obligated to revise or update any forward-looking statements in
order to reflect events or circumstances that may arise after the
date of this release.
Puration
Contact:
Brian Shibley, CEO
info@puraitoninc.com
+1-214-937-9097
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