Seeking Alpha Breaking News: PURA - Puration introduces $100M Farmersville brand strategy

September 1, 2020 -- InvestorsHub NewsWire -- via Seeking Alpha -- | About: Puration, Inc. (PURA) | By: Manshi Mamtora, CFA, SA News Editor

Puration (OTCPK:PURA -15.4%) introduces Farmersville Brands as it pivots from its hemp derived CBD beverage industry foundation.

The company will launch a Texas flavored, holistic lifestyle brand into a broader, but still niche, $20B sector within an overall market worth at least $2T.

This would be the first step in a year long initiative to transition from a CBD sports beverage manufacturer into a hemp conglomerate built on lifestyle brand.

Company plans to see the Farmersville Brand strategy infused with a $100M investment.
Previously: PURA exceeds $3M in revenue, CBD infused beverage could tap $500B market (Aug. 25)

Source: https://seekingalpha.com/news/3610539-puration-introduces-100m-farmersville-brand-stratergy?utm_medium=email&utm_source=seeking_alpha&mail_subject=pura-puration-introduces-100m-farmersville-brand-stratergy&utm_campaign=rta-stock-news&utm_content=link-3

SOURCE: Seeking Alpha