Puration Inc and Kali-Extracts Inc Announce THC Extraction Partnership
December 18 2018 - 11:01AM
InvestorsHub NewsWire
Puration Inc and Kali-Extracts Inc
Announce THC Extraction Partnership
DALLAS, TX
-- December 18, 2018 -- InvestorsHub NewsWire -- Puration,
Inc. (USOTC:
PURA)
(“PURA”) and Kali, Inc. (Kali, Inc. dba/Kali-Extracts,
Inc.) (USOTC:
KALY) (“KALY”) today announced
a THC extraction partnership. The two companies will combine
efforts and resources in the extraction of THC for respective
products to be produced by the two companies. PURA requires
THC extract for its new THCSavor Beverage and KALY plans to produce
THC extract for vapes. KALY owns a patented cannabis
extraction process which PURA has licensed for specific purposes to
include PURA’s primary business, the production of cannabis infused
beverages. Together, PURA and KALY plan to contract licensed
extraction facilities in Colorado and California to produce THC
under KALY’s patented process and supervision. PURA and KALY,
through their partnership, expect to optimize economies of scale in
the production of high-quality THC
extract.
In conjunction
with the marketing of PURA’s THC Savor produced under KALY’s
patented extraction process, PURA plans to launch a marketing
campaign in the spring of 2019 in partnership with the AmeriCanna
Cafe launch in Colorado. The AmeriCanna Cafe is a concept
restaurant subsidiary founded by North American Cannabis Holdings,
Inc. (USOTC:
USMJ) and recently spun-off in a sale to Priority Aviation
(USOTC:
PJET) (name change underway). The AmeriCanna Cafe is being
launched in Coloroado this spring in a partnership with West Coast
Venture Group (OTCQB:
WCVC).
To learn more
about Puration, Inc., visit www.purationinc.com
To learn more
about Kali-Extracts, Inc., visit www.kali-extracts.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.
Kali, Inc.
Frederick Ferri
ir@kali-extracts.com
(214) 210-0459
Puration,
Inc.
Brian Shibley,
info@aciconglomerated.com
(800) 861-1350
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