MMJ Reporter
By: Christian Brown
 

Puration Inc (OTCMKTS:PURA) reported that the firm is establishing a subsidiary operation committed to cannabis extraction. The update is in conjunction with latest announcement on a deal with Greenbelt Resources Corporation to jointly operate and develop a cannabis extraction facility in California, as well as latest advancements with North American Cannabis Holdings, Inc. to become a sole extractor for company businesses in Canada.

The details

Puration is the exclusive license to U.S. Patent for apparatus and method for processing herbaceous crop materials. This license permits firm to manufacture cannabis extracts for integration into fitness, wellness, beauty, alternative medicine and recreational products. Puration also manufactures EVERx Cannabidiol Infuses Sports Nutritional Supplements.

Brian Shibley, the CEO of Puration, reported that creating the extract subsidiary firm is a preliminary step at creating shareholder value by particularly delineating between their extraction business and cannabis infused products operation. Look for additional news on next measures coming soon. The company intends to keep the shareholders apprised as and when the information becomes available.

Greenbelt marks as a reputed provider entity of sustainable energy production arrangements concentrated on providing modular solutions that permit the localized processing of locally resulting waste into locally consumed items. Greenbelt designs, deploys and develops know-how that makes the manufacturing of advanced biofuel practical, efficient and reliable. Regulated by proprietary automated controls, the firm’s small-scale, end-to-end unique modular systems convert food, drinks and other cellulosic wastes into viable bio-ethanol, fertilizer, filtered water and animal feed.

Cannabidiol marks as big market now with unfettered and great growth potential. The THC industry is promising and continues to stay on their horizon. Puration’s experience and expertise makes the firm a serious contestant in the cannabis extract marketplace and with the increased resources of Greenbelt Resources, the combined prospect of the two firms is a force to be figured with.

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Original Article Publication: http://mmjreporter.com/puration-inc-otcmktspura-is-making-buzz-with-its-latest-updates-33556.html

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