PURA Anticipates Hemp-Derived CBD Infused Beverage Sales To Soar In Reaction To $867 Billion Farm Bill Legalizing Hemp
December 13 2018 - 11:19AM
InvestorsHub NewsWire
PURA Anticipates Hemp-Derived CBD
Infused Beverage Sales To Soar In Reaction To $867 Billion Farm
Bill Legalizing Hemp
Dallas, TX -- December 13, 2018 --
InvestorsHub NewsWire -- Puration, Inc. (USOTC:
PURA) today announced that it expects demand for hemp-derived
CBD infused beverages to skyrocket in reaction to the legalization
of hemp farming that is part of the $867 billion Farm Bill passed
yesterday by Congress and anticipated to be signed into law by
President Trump soon. Puration has nearly two years of
experience producing hemp-derived CBD infused beverages.
Puration has a trailing twelve-month revenue of approximately $1
million and recently reported 400% year over year growth. The
company has the sole license issued on a U.S. patented cannabis
extraction process. Puration also has established its EVERx
CBD Sports Water as a leading brand name in the CBD infused
beverage market. EVERx was recently recognized for having
attracted the attention of a major beverage industry player.
Puration has recently been making weekly announcements of new
regional distribution agreements and management anticipates similar
announcements to continue through the end of the
year.
“While most of the market consists of talk
about CBD beverages one outfit or another plans to make, Puration
has two years of actual go-to-market experience making and
delivering CBD beverages,” said Brian Shibley, CEO of Puration.
“Puration’s experience and brand recognition will set it far ahead
of the Johnny-come-latelies trying to jump on the surge of demand
for CBD beverages anticipated to be sparked by the legalization of
hemp farming. Puration’s starting 2019 with a base of approximately
$1 million in sales plus a brand new $1 million private label
agreement. Come January 1st after President Trump
signs the Farm Bill into law legalizing hemp farming, I expect
PURA’s opportunities for CBD infused beverages to
explode.”
For more
information on Puration, visit http://www.purationinc.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.
Contact:
Puration,
Inc.
Brian
Shibley,
info@aciconglomerated.com
(800)
861-1350
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