February 1, 2021 -- By: Akanksha Bakshi, Seeking Alpha News Editor

  • Puration (OTCPK:PURA) and North American Cannabis (OTCPK:USMJ) confirms entering strategic negotiations.
  • PURA produces EVERx CBD Sports Water with over $2M in annual sales; and USMJ runs a cannabis ecommerce business that includes a cannabis products logistics operation.
  • The two companies share the same majority shareholder, and now plan to construct a strategic and synergistic strategy designed to optimize shareholder value for both companies within the evolving cannabis economic sector.
  • PURA has already established partnerships with Alkame (OTCPK:ALKM) and PAO Group (OTCPK:PAOG).

Source - https://seekingalpha.com/news/3656655-pura-and-usmj-confirm-strategic-negotiations

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