Little OTC Cannabis Beverage Stock PURA Step Ahead Of Big Board Competition IGC and IBEV Both Recently Featured In Barron's
October 01 2018 - 12:50PM
InvestorsHub NewsWire
Little OTC Cannabis Beverage Stock
PURA Step Ahead Of Big Board Competition IGC and IBEV Both Recently
Featured In Barron’s
New York, NY
-- October 1, 2018 -- InvestorsHub NewsWire -- Puration,
Inc. (PURA)
saw its PPS increase over 50% on Friday trading over $3 million in
trading volume. The jump in price and volume was triggered by
the DEA select reclassification of
CBD and the overall cannabis market interest in cannabis
infused beverages. PURA’s EVERx CBD Infused Sports Water has
been on the market for well over a year and reported a 600%
increase in sales. PURA’s PPS performance bested India
Globalization Capital, Inc. (NYSE:
IGC) and New Age Beverage Corp (NASDAQ:
NBEV) which realized 27% and 32 % gain respectively. Only
PURA has a beverage on the market. IGC and NBEV have products
“coming soon.” PURA’s first to market and PPS performance are
overlooked by the financial industry media being an OTC stock, but
clearly PURA is worth keeping an eye on. IGC and NBEV were
both featured for their Friday performance by Barron’s. PURA is probably being eyed by
companies like IGC and NBEV as a potential acquisition target if
not being approached by beverage industry brand names.
Learn more about Puration's EVERx CBD Infused Sprots Water at
www.purationinc.com.
PURA is a spinoff of
another cannabis sector top performer, North American Cannabis
Holdings, Inc. (USOTC:
USMJ), another stock worth watching. Learn more at
www.growusmj.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.
Source: www.nextbigticker.com
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