PURA Compares Industrial Hemp Valuations To Mining Stocks When It Comes To Sustainability
February 15 2022 - 12:00PM
InvestorsHub NewsWire
Dallas, TX -- February 15, 2022 --
InvestorsHub NewsWire -- Puration, Inc. (USOTC:
PURA) today compared the mineral mining market to the
industrial hemp market in regard to the U.S. 2050 net zero carbon
emissions objective.
An article
published yesterday covering the impact on mineral mining from
the net zero objective, highlighted the increased demand for metals
required for electricity storage and transmission. The
increased demand from sustainability requirements is not yet
estimated into the potential stock valuations of mining
enterprises.
Similarly, PURA management contends, the
sustainability contributions of industrial hemp are not yet
estimated into the growth potential of industrial hemp and the
corresponding valuation of industrial hemp
enterprises.
Last year, PURA retooled its years of
experience with hemp to take on a much larger opportunity in 2022.
PURA has launched an initiative to expand the utilization of hemp
worldwide under the brand name Farmersville Hemp. PURA is building
a co-op of hemp growers and processors to raise market awareness
around the multitude of yet to be realized uses of hemp and build a
brand name to benefit all co-op participants under the name
Farmersville Hemp.
PURA management believes the recently
announced Hemp
Advancement Act of 2022, could substantially contribute to
PURA’s Farmersville Hemp Strategy.
The Act is intended to advance the
industrial hemp momentum initiated under the 2018 Farm
Bill.
PURA management is also eager to see the
upcoming USDA National Hemp
Report anticipated later this week on February
17th. PURA expects the report to have important
information to be utilized in the ongoing development of PURA’s
Farmersville Hemp strategy.
PURA recently
published a 2022 strategic overview detailing the company’s plan to grow
revenue and increase shareholder value by driving market wide
demand for the “multitude of yet to be realized uses of
hemp.”
PURA anticipates generating $1 million in
revenue in 2022 with the potential to reach $10 million in revenue
this year. The $10 million revenue opportunity is enhanced by
the progress of PURA’s co-op
partners.
PURA co-op partners include Alkame
Holdings, Inc. (USOTC:
ALKM), PAO Group, Inc. (USOTC:
PAOG), North American Cannabis Holdings, Inc. (USOTC:
USMJ), and UC Asset LP (OTCQX:
UCASU).
For more
information on Puration, visit http://www.purationinc.com
Disclaimer:
This News
Release contains forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995. These
forward-looking statements involve known and unknown risks,
uncertainties and other important factors that could cause our
actual results, performance or achievements, or industry results,
to differ materially from any these statements. You are cautioned
not to place undue reliance on any those forward-looking
statements. Except as otherwise required by the federal securities
laws, we undertake no obligation to publicly update or revise any
forward-looking statements after the date of this news release.
None of such forward-looking statements should be regarded as a
representation by us or any other person that the objectives and
plans set forth in this News Release will be achieved or be
executed.
For More Information
Contact:
Puration,
Inc.
Brian Shibley,
info@aciconglomerated.com
(800)
861-1350
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