PURA In Partnership With PAOG and ALKM Prepare For Biden Bull Cannabis Market
January 20 2021 - 9:52AM
InvestorsHub NewsWire
Dallas, TX -- January 20, 2021 --
InvestorsHub NewsWire -- Puration, Inc. (USOTC:
PURA) in conjunction with its recent Farmersville partnership
with PAO Group, Inc. (USOTC:
PAOG) and Alkame Holdings Inc. (USOTC:
ALKM) today highlighted management’s outlook for a 2021
breakout on the Farmersville strategy in light of an anticipated
President Biden cannabis bull
market.
In an article today from The Motley
Fool:
“It's true
that Biden hasn't been a big fan
of marijuana
legalization. But the
prospects of federal decriminalization of marijuana and major
banking reform to help the U.S. cannabis industry appear to be
greater than ever with Biden as president and his fellow Democrats
in control of both the Senate and the House of
Representatives.”
PURA has recently acquired property in
Farmersville, Texas as part of new strategy to build a brand
(Farmersville Brands) around the full potential of hemp derived
products to include not just the CBD extract sector but markets
where hemp fiber provides a better alternative as well to include
construction, clothing manufacturing and paper
production.
PURA has entered into partnerships with
PAOG and ALKM to produce hemp derived
products.
PAOG is a longtime participant in the
cannabis sector working on initiatives to introduce cannabis
treatments as alternatives to traditional pharmaceuticals,
particularly where existing pharmaceutical treatments have
potentially severe secondary ramifications as is the case with
opioid based treatments.
On July
30, 2020, PAOG acquired RespRx from Kali-Extracts, Inc. (OTC
Pink: KALY) RespRx is a cannabis treatment under development
for Chronic Obstructive Pulmonary Disorder (COPD) derived from a
patented cannabis extraction method - U.S. Patent No. 9,199,960
entitled "METHOD AND APPARATUS FOR PROCESSING HERBACEOUS PLANT
MATERIALS INCLUDING THE CANNABIS
PLANT."
PAOG recently
announced an engagement with Veristat,
Inc., a contract research organization headquartered in
Southborough Massachusetts. PAOG has engaged Veristat to assist in
advancing PAOG with its proprietary Cannabidiol (CBD) extract for
the treatment of Chronic Obstructive Pulmonary Disorder (COPD)
toward initiating an Investigational New Drug application (IND)
with the Food and Drug Administration
(FDA).
PAOG has also recently engaged
with the Puerto Rico Consortium for Clinical Investigation to
assist PAOG with developing its proprietary Cannabidiol (CBD)
extract into a nutraceutical product to provide care for those
experiencing issues associated with Chronic Obstructive Pulmonary
Disorder (COPD).
ALKM and PURA recently announced the
latest shipment of EVERx CBD Sports Water. ALKM is the
long-term producer of PURA’s flagship CBD infused beverage, EVERx
CBD Sports Water.
The two companies recently announced plans
to expand their business relationship and produce and test market a
CBD infused liquid sugar, a CBD infused pet food supplement and a
CBD sexual wellness flavored
lubricant.
As part of a
growing partnership, PURA has recently acquired
a five percent stake in
ALKM.
PAOG also
plans to work with PURA and ALKM's co-packing operations in the
delivery of its CBD nutraceutical care solutions for those
experiencing issues associated with
COPD.
Learn more about
PAOG at www.paogroupinc.com.
Learn more about ALKM at www.alkameholdingsinc.com
Learn more about PURA at www.purationinc.com
Forward-Looking
Statements: Certain statements in this news release may contain
forward-looking information within the meaning of Rule 175 under
the Securities Act of 1933 and Rule 3b-6 under the Securities
Exchange Act of 1934, and are subject to the safe harbor created by
those rules. All statements, other than statements of fact,
included in this release, including, without limitation, statements
regarding potential future plans and objectives of the company are
forward-looking statements that involve risks and uncertainties.
There can be no assurance that such statements will prove to be
accurate and actual results and future events could differ
materially from those anticipated in such statements. Technical
complications, which may arise, could prevent the prompt
implementation of any strategically significant plan(s) outlined
above. The Company undertakes no duty to revise or update any
forward-looking statements to reflect events or circumstances after
the date of this release.
CONTACT
INFORMATION
Cotact:
Jim DiPrima
888-272-6472
info@pao.group
Contact:
Alkame Holdings, Inc. Investor Relations
www.alkameholdingsinc.com
info@alkameholdingsinc.com
Contact:
Puration, Inc.
Brian Shibley,
info@aciconglomerated.com
(800)
861-1350
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