PURA - Puration Views Canopy Growth Sports Beverage Acquisition Targeting $50 Billion Market As Good News For PURA
October 08 2019 - 1:34PM
InvestorsHub NewsWire
PURA – Puration Views Canopy Growth
Sports Beverage Acquisition Targeting $50 Billion Market As Good
News For PURA
Dallas, TX -- Ocotber 8, 2019 --
InvestorsHub NewsWire -- Puration, Inc. (USOTC:
PURA) today highlighted Canopy Growth’s (NYSE:
CGC) acquisition of sports beverage maker BioSteel Sports
Nutrition. PURA introduced its own CBD infused sports drink
in 2017 reporting its first million in sales in 2018 and targeting
$4 million in sales this year in 2019. PURA management views
Canopy Growth’s entrance into the $50 billion sports nutrition
market as a validation of PURA’s strategic direction with its own
EVERx
CBD Sports Water. Aurora Cannabis (NYSE:
ACB) also recently entered the sector through a deal with the
UFC. PURA management believes PURA is a step ahead of the big
money cannabis players with its EVERx experience. “EVERx has
refined its formula based on a U.S. Patented Cannabis Extraction
Process multiple times since its launch in reaction to live
production and marketing experiences that neither Canopy nor Aurora
have had the opportunity yet to experience for themselves,” said
PURA CEO Brian Shibley. EVERx has also had the opportunity to
establish brand recognition in the sports nutrition market largely
through its ongoing marketing campaign with Arnold Schwarzenegger’s Worldwide Sports
Festival. Shibley added, “Aurora and Canopy’s entrance
into the sports nutrition market validates CBD as valuable to
fitness enthusiast and athletes. Their entrance is likely to
bring even more attention to CBD as a sports nutrition additive
bringing more fitness enthusiasts and athletes looking for a
beverage and that’s likely to be good for EVERx
sales.”
The Canopy acquisition is featured today
in an article from Motley Fool:
How Big a Deal Is Canopy Growth's Recent Sports
Beverage Acquisition?
PURA Goldman Small Cap Research
Coverage
On Wednesday, last week, Goldman Small Cap
Research issued an “Alert” follow-up to its recent Research Analyst
Report issued on PURA published on September 25th, 2019
(report link below). The Research Analyst Report was
triggered by the previously mentioned CBD Beverage Industry Survey
conducted on behalf of PURA. The “Alert” issued last Wednesday is a
confirmation of the original investment recommendations and
highlights investment new opportunities (alert link
below).
To see the full trade alert issued today,
follow the link below:
PURATION, Inc.
ALERT – October 2, 2019
To see the full
Analyst Report issued last week, follow the link
below:
PURAITON, Inc.
Research Analyst Report – September 25,
2019
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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