PURA and ALKM Cement Innovative Hemp Marketing Partnership With Equity Stake
November 23 2020 - 10:46AM
InvestorsHub NewsWire
Dallas, TX -- November 23, 2020 --
InvestorsHub NewsWire -- Puration, Inc. (USOTC:
PURA) today announced acquiring a five percent interest in
Alkame Holdings, Inc. (USOTC:
ALKM) as part of a strategic partnership where ALKM will
provide specialized co-packing services for PURA hemp consumer
products.
PURA recently revealed a new hemp
lifestyle brand that includes building a coalition of hemp famers
under one brand name in the same way that Sun-Maid Raisins brings
together over 800 individual farmers to market raisins under one
brand.
PURA’s recently launched hemp lifestyle
brand initiative centers on engaging hemp advocate consumers in an
overall ecosystem designed to collectively expand the base of
knowledge surrounding the economic and environmental benefits of
hemp and in so doing growing the overall hemp
market.
Just as Sun-Maid Raisins is a conduit for
the sales of raisins from many raisin farmers, PURA plans to be a
conduit for the sales of hemp from many hemp
framers.
PURA has
recently published a multimedia
presentation on its overall
hemp lifestyle brand strategy and Mr. Shibley has further
elaborated on the hemp lifestyle brand strategy in
a video interview
conducted by CEO Roadshow.
The
centerpiece of PURA’s hemp lifestyle strategy is a recently
acquired 72-acre property in Farmersville, Texas where PURA plans
to partner with consumer advocates and other hemp industry
companies to build demonstrable hemp-based products and services
that expand market-wide awareness of hemp’s economic and
environmental benefits.
PURA has
already announced a pharmaceutical and neurocritical hemp
extraction partnership with PAO Group, Inc. (USOTC:
PAOG) and co-packing partnership with ALKM that are key
components of PURA’s overall hemp lifestyle brand
initiative.
Now, PURA and
ALKM are further committing to the hemp strategy with an equity
partnership intended to cement a foundation for further future
developments between the two
companies.
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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
Source: Puration,
Inc.
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