Dallas, TX -- November 10, 2020 -- InvestorsHub NewsWire --
Puration, Inc. (OTC
Pink: PURA) ("PURA", "The Company") today announces the
acquisition of a 72 Acre Property in line with launch of
Farmersville Brands, a game-changing lifestyle brand focused on
innovations in rapidly growing, multi-billion dollar hemp
industry.
The Company has released a multimedia presentation detailing the
exciting launch of their new lifestyle branded business initiative
targeting the acquisition of hemp consumer advocates as
participants in an innovative
hemp-solution-development-ecosystem.
FULL PRESENTATION CAN BE VIEWED HERE:
Cannot view this video? Visit:
https://www.youtube.com/watch?v=bi2GGu0UGmI
Farmersville Brands includes a dynamic platform that brings key
hemp industry players including activists, engineers, medical
professionals, entrepreneurs, investors and others as part of a
'hemp solutions development ecosystem' to conceive, pilot, and
produce hemp solutions for mass or specialty consumption.
PURA acquired a 72-acre property from UC Asset LP as the
foundation for the hemp-solution-development-ecosystem. The
property, in Farmersville, Texas is the inspiration for the hemp
lifestyle brand name, "Farmersville Brands."
Farmersville,
Texas
The Company has key partnerships in place to kick-off expedited
success with Farmersville Brands, including a
hemp-solution-development-ecosystem partnership with PAO Group,
Inc. to participate in the co-development of hemp derived
nutraceutical and pharmaceutical solutions.
As well, PURA has partnered with Alkame Holdings, Inc. to act as
a dedicated copacker for hemp derived beverages, foods and oils,
and The Company is currently engaged in several discussions with
additional partnerships which will be detailed in forthcoming
updates.
Attractive
Opportunities in the Industrial Hemp Market
U.S. Hemp CBD Market Size and
Projections
In an initiative to streamline operations toward consolidated
growth and expedited increase in contracts and revenues, PURA is
reorganizing its existing business concerns, contracts, and
intellectual properties to parallel its reprioritization of efforts
in conjunction with the new hemp lifestyle brand. As well, A
corporate name change, and renovated website are currently
underway.
In addition to the recent land purchase and new partnerships,
PURA brings a host of historical momentum to the new
hemp-solution-development-ecosystem business plan.
Puration's entrance into the cannabis sector was founded on its
U.S. patented cannabis extraction process backed by extensive
university medical research, with a license granted by NCM
Biotech.
U.S. Hemp CBD Market
Size and Projections
In an initiative to streamline operations toward consolidated
growth and expedited increase in contracts and revenues, PURA is
reorganizing its existing business concerns, contracts, and
intellectual properties to parallel its reprioritization of efforts
in conjunction with the new hemp lifestyle brand. As well, A
corporate name change, and renovated website are currently
underway.
In addition to the recent land purchase and new partnerships,
PURA brings a host of historical momentum to the new
hemp-solution-development-ecosystem business plan.
Puration's entrance into the cannabis sector was founded on its
U.S. patented cannabis extraction process backed by extensive
university medical research, with a license granted by NCM
Biotech.
PURA U.S. patented extraction
process backed by top university medical research
In January of this year PURA launched an acquisition campaign
targeting CBD product acquisitions that could be enhanced with
PURA's patented technology. Those assets, including its CBD pet
products business and CBD sun care business, along with the
patented extraction process, will be valuable in propelling the
hemp-solution-development-ecosystem business strategy forward.
PURA's new hemp-solution-development-ecosystem business will
maintain its existing beverage business. PURA's EVERx CBD Sports
Water remains a leader in the sports nutrition market place
accounting for the lion's share of PURA's $2.7 million in revenue
reported last year in 2019.
PURA’s EVERx CBD Sports
Water
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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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