PURA Confirms LOI Cornerstone To $100 Million Hemp Brand Strategy
September 14 2020 - 11:46AM
InvestorsHub NewsWire
Dallas, TX
-- September 14, 2020 -- InvestorsHub NewsWire
-- Puration, Inc. (USOTC:
PURA) today confirmed entering into a letter of intent
(LOI) agreement to acquire a 72-acre property in Farmersville,
TX. The planed real estate acquisition is the cornerstone of
PURA’s Farmersville Brands strategy to be infused with
a $100 million investment.
PURA recently
introduced Farmersville Brands and announced a major juncture
in the company's growth and development as the company pivots from
its hemp derived CBD beverage industry foundation to launch a Texas
flavored, holistic lifestyle branded approach into a broader, but
still niche, $20 billion sector within an overall market worth at
least $2 trillion.
For more information on Puration,
visit https://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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