PURA - Puration Schedules Grow Operation Acquisition Closing For July 20
July 18 2017 - 8:50AM
InvestorsHub NewsWire
Dallas, TX – July 18, 2017
– Puration, Inc. (USOTC: PURA) today announced a
scheduled closing date of July 20, 2017 to finalize the acquisition
of a 25-greenhouse grow operation. The Company announced last
week a $1.2 million sales
contract where a wholesale buyer will purchase PURA’s
production from the 25-greenhouse operation up to $100,000 per
month. The grow operation has the potential to expand
production to another 400 irrigated greenhouse pads ready for
buildout. Management anticipates the operations have the potential
to expand to as high as $16 million in annual sales and
substantially higher as the legalization process for medical
marijuana matures.
Learn More About PURA:
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.
Puration Contact:
Brian Shibley, CEO
info@purationinc.com
+1-214-937-9097
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