Dallas, TX -- January 19, 2022 -- InvestorsHub NewsWire --
Puration, Inc. (OTC
Pink: PURA) today published a 2022 strategic management
overview of the company’s plan for an anticipated $1 million in
revenue with the potential to reach $10 million in revenue this
year. The overview published today will be followed up over the
next several weeks with additional management presentations
covering more detail on each of the major overview components
highlighted in the presentation below:
Driving Demand For The Multitude Of Yet To Be Recognized
Uses For Hemp
Industrial hemp is ironically a nascent market. Ironic because
hemp has historically been a staple of the global economy.
Hemp is believed to be the earliest plant cultivated for its
textile fiber. The sails that carried the first sea going ships
around the world, sparking global trade and making discovery of the
new world possible, were made of canvas. The word “canvas”
is derived from the Latin word “cannabis” which means
“made of hemp.” Indeed, canvas was used to make the tents, clothes,
shoes, and bags that outfitted sailors and explores and became
globally traded commodities in and of themselves.
The perception of hemp’s value so far, as it begins to find its
way back into the global economy, is primarily as a source of
CBD.
The overlooked value of hemp includes its use in the production
of bioplastics that can safely degrade and as a more sustainable
alternative for paper, textiles, building materials and even
fuel.
Hemp can be a source of production efficiency that improves
profits while contributing to a sustainable future.
PURA has taken its extensive hemp industry experience and its
good fortune of being founded in Texas, to launch a hemp brand
designed to transition the multifaceted potential of hemp into
realized gains.
With the food and
agriculture industry in Texas supporting an estimated
3.7 million jobs making an economic impact of over $600 billion
annually, Texas is the right place to build an industrial hemp
initiative.
Farmersville Hemp Education Income Leading To Branding
And Partnership Income
PURA has acquired 70 acres in Farmersville, Texas to build a
hemp university where the company will offer tailored educational
seminars in an executive retreat format to key managers working
across a broad array of industries where hemp can provide a
competitive advantage.
PURA recently announced signing its first Farmersville Hemp
education clients.
The initial $1 million in revenue forecasted for next year
conservatively only encompasses revenue coming from its education
line of business which is designed to ignite the revenue potential
of the overall branding and partnership business lines.
Farmersville Hemp Branding Income
The tailored hemp education is the point of entry into building
a brand name around PURA’s overall Farmersville Hemp initiative.
The work product from the tailored seminars will be a plan for each
client to integrate hemp into their business strategy. PURA will
source the necessary hemp and hemp derivatives under the
Farmersville Hemp brand name.
In parallel to developing the educational curriculum
customizable for each client, PURA is building a co-op of hemp
growers and processors to offer their collective products and
services under the Farmersville Hemp brand name.
PURA’s tailored educational services, in combination with PURA’s
overall marketing surrounding the Farmersville Hemp brand name, are
designed to generate demand for hemp products and services. PURA
expects to generate substantial revenue from building demand for
hemp products and services through the sale of co-op partners hemp
products and services under the Farmersville Hemp brand name.
For instance, PAO Group, Inc. (OTC
Pink: PAOG) recently announced the development of a line of CBD
nutraceutical products for PURA’s Farmersville brand.
PAOG currently markets its own independent line of CBD
nutraceutical products under its “RX” label. The “RX” products are
for sale on North American Cannabis Inc.’s (OTC
Pink: USMJ) ecommerce site www.usmj.com, thanks to PURA’s strategic
relationship with USMJ.
Last year, PAOG acquired intellectual property derived through
research into CBD extracted in association with a patented
extraction method (U.S. Patent No. 9,199,960).
Now, in addition to making its own “RX” branded products, PAOG
and PURA are partnering on the development of CBD infused products
to be marketed under the Farmersville Hemp brand name.
Farmersville Hemp Partnership Income
Recognizing the nascent nature of the hemp industry, PURA is
offering its Farmersville Hemp grower and processor co-op partners
more than just branded access to a developing marketplace. Most
hemp centric businesses today are in need of investment capital and
PURA is helping partners with access to investment.
PURA has announced a partnership with UC Asset LP (OTCQX: UCASU)
where UCASU will extend financing for real estate investments to
PURA Farmersville Hemp partners. This is just one way PURA is
helping its nascent hemp industry partners with access to
investment.
PURA’s investment participation with its grower and processor
co-op partners expands PURA’s income opportunity from a percentage
of co-op sales to the inclusion of an ROI generated from the
overall success of its co-op partners.
For example, PURA has acquired a 5% interest in Alkame Holdings,
Inc. (OTC
Pink: ALKM) an innovative copacker that has developed a
standout expertise in the packaging of hemp extract infused
consumable products. PURA has also made a $1 million strategic
investment through a limited partnership in Hydro builder Holdings,
a company providing cannabis growing supplies and planning to IPO
later this year.
In both instances, PURA expects the partnerships not only to be
strategic to the development of the Farmersville Brand, but also to
present opportunities for PURA's investment in the partnerships to
be monetized with potentially substantial ROIs.
PURA’s potential to reach $10 million in revenue for 2022, going
beyond its $1 million 2022 revenue outlook based on educational
sales, stems directly from the ROI that could result this year from
PURA’s co-op partners investing activities.
PURA Thinks The Hemp Market Is Bigger Than Currently
Anticipated
The industrial hemp industry, to include the portion of CBD
exclusively from hemp, is anticipated to grow to $18
billion by 2026.
PURA management thinks this is a substantial underestimate
because the industry has yet to recognize the multitude of ways
hemp can be utilized.
The Sustainability Market is expected to expand
from $9
billion reported in 2021 to over $41 billion by 2028.
PURA management believes the impact hemp can have on
sustainability is not fully baked into the industrial hemp
forecasts.
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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