PURA and USMJ Enter Strategic Negotiations
January 29 2021 - 12:14PM
InvestorsHub NewsWire
Dallas, TX -- January 29, 2021 --
InvestorsHub NewsWire -- Puration, Inc. (USOTC:
PURA) and North American Cannabis Holdings, Inc. (USOTC:
USMJ) today announced entering strategic
negotiations.
PURA produces EVERx CBD Sports Water with
over $2 million in annual sales.
USMJ runs a cannabis ecommerce business
that includes a cannabis products logistics
operation.
PURA recently launched a hemp lifestyle
business initiative built around a $1.3 million property purchase
in Farmersville, Texas where the company plans to construct
multiple hemp centric enterprises to promote the full industrial
potential of hemp. Toward this end, PURA has already
established partnerships with Alkame Holdings, Inc. (USOTC:
ALKM) and PAO Group, Inc. (USOTC:
PAOG).
USMJ has similarly initiated efforts to
refresh the company business plan after the impact to the company’s
cannabis themed restaurant operations from the COVID-19
pandemic.
Today, PURA and USMJ make their
co-development plans public for the first time. The two
companies already share the same majority shareholder, and now plan
to construct a strategic and synergistic strategy designed to
optimize shareholder value for both companies within the evolving
cannabis economic sector.
For more
information on Puration,
visit http://www.purationinc.com
For more
information on North American Cannabis Holdings,
visit www.USMJ.com and 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 Alkame will achieve significant sales, the failure
to meet schedule or performance requirements of the Company's
contracts, the Company's liquidity position, the Company's 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
Steven Rash
CEO North American Cannabis Holdings, Inc.
info@aciconglomerated.com
+1-800-861-1350
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