PURA Gets Shareholder Value Bonus From NOUV Holding With $26 Billion Hemp Market Outlook
July 05 2019 - 8:39AM
InvestorsHub NewsWire
Dallas, TX -- July 5, 2019 -- InvestorsHub
NewsWire -- Puration, Inc. (USOTC:
PURA) (”PURA”) and Nouveau (USOTC:
NOUV) (“NOUV”) management today confirmed an online update
scheduled for release next week, on Tuesday, July 9th,
2019. PURA spun off its Texas based cannabis cultivation
operation that concentrates on growing hemp to NOUV late last
year. The spinoff deal includes a dividend of NOUV stock to
be issued to PURA shareholders. Similar to Village Farms in West Texas, a major tomato
farming outfit the produces for H-E-B, Tom Albertsons and Walmart,
NOUV is expanding its conventional Texas based nursery operation
into a major hemp farming operation. The global industrial hemp market is anticipated to
grow from USD 4.6 billion in 2019 to USD 26.6 billion by
2025. PURA and NOUV are making
substantial progress toward the acceleration of the NOUV stock
dividend to be issued to PURA shareholders in conjunction with
PURA’s cannabis cultivation operation. Learn the latest on
the upcoming dividend after NOUV publishes updated financials on
Monday, July 8th, 2019 and PURA and NOUV management
publish an online management update on Tuesday, July
9th, 2019.
PURA Speculative
Buy Recommendation and $0.25 PPS Target w/Potential to
$0.35
Goldman Small Cap Research recently
released a new research report recommending PURA as a
Speculative
BUY with a $0.25 PPS Target. Goldman Small Cap Research further
reports that the shares of PURA “have the potential to reach the
$0.35 mark.” The report highlights PURA’s growing EVERx CBD
Sports Water sales and the coming introduction of new beverages as
well as the potential for the company to exceed its 2019 sales
targets through the pending doubling of its production capacity and
through planned acquisitions. The report further details
recent updates intended to accelerate the issue of Nouveau (USOTC:
NOUV) stock to PURA shareholders in a dividend distribution.
Notably, the report points to the capacity and quality improvements
enabled by the addition of a new team member with exceptional
beverage industry professional
experience.
For more information on Puration,
visit http://www.purationinc.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.
Contact:
Puration, Inc.
Brian Shibley,
info@aciconglomerated.com
(800)
861-1350
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