PURA - Puration Fast Tracks California Cannabis Cultivation Acquisition On Heels Recent Of Canadian Acquisition
May 22 2018 - 9:20AM
InvestorsHub NewsWire
Dallas, TX -- May 22, 2018 -- InvestorsHub NewsWire -- Puration,
Inc. (USOTC:
PURA) today announced taking over the acquisition prospect
previously under a letter of intent with North American Cannabis
Holdings, Inc. (USOTC: USMJ). Earlier this year, USMJ
announced a letter of intent to acquire Turning Point Cannabis
Strategies to advance an entry into the California cannabis
market. Since that time, USMJ changed its business
development plans and is actively pursuing different opportunities
that do not include the acquisition of a cannabis business in
California. Puration has stepped in to pursue the opportunity
with Turning Point Cannabis Strategies in an effort to repeat the
type of transaction the Company recently accomplished in Canada.
Two weeks ago the company announced the acquisition of Canadian
Cannabis Farmers Co-Op to position Puration for the recreational
marijuana market expected to be legalized nationwide in Canada this
summer. The company followed up the acquisition with an
online presentation on the company’s overall
cannabis cultivation business operation and plans for the
future.
For more information on Puration,
visit http://www.aciconglomerated.com.
Disclaimer/Safe
Harbor:
This news release contains
forward-looking statements within the meaning of the Securities
Litigation Reform Act. The statements reflect the Company's current
views with respect to future events that involve risks and
uncertainties. Among others, these risks include the expectation
that any of the companies mentioned herein will achieve significant
sales, the failure to meet schedule or performance requirements of
the companies' contracts, the companies' liquidity position, the
companies' ability to obtain new contracts, the emergence of
competitors with greater financial resources and the impact of
competitive pricing. In the light of these uncertainties, the
forward-looking events referred to in this release might not occur.
These statements have not been evaluated by the Food and Drug
Administration. These products are not intended to diagnose, treat,
cure, or prevent any disease.
Puration, Inc.
Brian Shibley,
info@aciconglomerated.com
+1-800-861-1350
Puration (CE) (USOTC:PURA)
Historical Stock Chart
From Mar 2024 to Apr 2024
Puration (CE) (USOTC:PURA)
Historical Stock Chart
From Apr 2023 to Apr 2024