PURA Features USMJ EVERx CBD Sports Nutrition Beverage Relaunch - Trade Show Announcement Tomorrow
24 February 2022 - 4:35AM
InvestorsHub NewsWire
Dallas, TX -- February 23, 2022 --
InvestorsHub NewsWire -- Puration, Inc. (USOTC:
PURA) today highlighted that its partnership with North
American Cannabis Holdings, Inc. (USOTC:
USMJ) where PURA receives a royalty on USMJ’s sales generated
from the distribution of the EVERx CBS Sports Nutrition Beverage,
was featured in PURA’s update, published yesterday, on the
company’s progress toward its 2022 strategic objectives. USMJ
plans to make a major tradeshow announcement tomorrow where EVERx
will be officially relaunched.
PURA’s update published yesterday provided
the company’s latest progress around PURA’s new initiative,
launched just last year, to expand the utilization of hemp
worldwide under the brand name Farmersville Hemp. PURA is building
a co-op of hemp growers and processors to raise market awareness
around the multitude of yet to be realized uses of hemp and build a
brand name to benefit all co-op participants under the name
Farmersville Hemp.
The update, in the form of a shareholder
letter from the company CEO, Brian Shibley, is published again, in
its entirety, below:
Dear
Shareholders:
Trepidation is prevailing over the market
at the moment, but it will not last. The global economy just
has too much opportunity for growth. The world population is
almost 8 billion and less than 2 billion of that population reside
within developed economic regions. The ROI potential of the
companies that will build the products for, and deliver the
services to the underserved 6 billion gives far more reason for
optimism than any existing cause for concern that is presently
weighing on the market. The market will turn
around.
PURA has tremendous opportunity to rapidly
grow by participating in the ROI potential that comes from serving
the 6 billion underserved.
While companies operating in the developed
economies of the world face investing in the retooling of existing
process to eliminate carbon emission so they can simply deliver the
same products and services they already provide, companies in the
developing economies of the world have the opportunity to build
clean first to market solutions.
PURA knows the integration of hemp into
new products and services can serve developing economies with
carbon neutral solutions that leapfrog the overall caliber of
carbon emitting like solutions currently serving developed
economies.
Hemp is a textile and lumber industry
disruptor. Hemp fiber is an alternative to cotton and
traditional construction lumber that in fact has many
characteristics superior to cotton and traditional lumber before
considering the environmental benefits of using hemp. Hemp
grows faster than cotton and hard wood forests, uses less water and
absorbs more carbon. Hemp can be used in the production of
bioplastics and has even been tested for use in supercapacitors which hold the potential to outperform
batteries and do so with far less detriment to the
environment.
PURA has introduced its Farmersville Hemp
Brand strategy to usher industrial hemp solutions into the
market. PURA has a practical three-pronged approach.
Practical, because all three prongs generate
revenue.
The first component of PURA’s
three-pronged approach is education. PURA is marketing a
consultative hemp education program to existing businesses to show
existing businesses how hemp can be integrated into their existing
product and service offerings to deliver a more efficient and
sustainable solution.
The second component of PURA’s
three-pronged approach is branding. PURA is building a brand
around the Farmersville Hemp name and also building a co-op of hemp
growers and processors that can altogether market under the
Farmersville Hemp Brand name.
Last week, the U.S.
Department of Agriculture (USDA) published the first ever
survey on the newly legal hemp industry. The report drew
on over 20,000 surveyed growers. That’s 20,000 potential
Farmersville Hemp co-op
participants.
The third component of PURA’s
three-pronged approach is partnership. PURA is making
investments in hemp related enterprises that contribute to the
Farmersville Hemp Brand and also generate a return-on-investment
opportunity.
PURA owns a five percent stake in Alkame
Holdings, Inc. (USOTC:
ALKM), a proven cannabis consumable co-packer. PURA owns
a royalty interest in the EVERx CBD Sports Nutrition Beverage, a
product of North American Cannabis Holdings, Inc. (USOTC:
USMJ). PURA has
notably made a $1 million strategic investment through a limited
partnership in Hydrobuilder Holdings, a company providing cannabis
growing supplies and planning to IPO later this
year.
PURA anticipates generating at least $1
million in revenue in 2022 with the potential to reach $10 million
in revenue. The $1 million target is based on PURA’s
education services, and the $10 million target is based on PURA’s
branding and partnership
strategies.
Our branding and partnership initiatives
are establishing significant traction and our corresponding overall
opportunity to realize increased revenue is likewise
improving.
USMJ is relaunching EVERx with a major
trade show announcement coming
soon.
ALKM is gaining traction with regular
announcements of new co-packing
patterns.
Hydrobuilder Holdings continues to rollup
related industry companies and firm up IPO
plans.
All three have the potential to generate
substantial returns for PURA this year and
beyond.
PURA continues to expand its partnership
income potential with a new global emphasis. The hemp
industry is dominated today by the Asia
Pacific Region. PURA is on the verge of striking its
first partnership opportunity in the Asia Pacific Region. The
partnership could result in PURA raising its $10 million stretch
revenue target.
The letter here today is a progress report
update on our 2022
strategic plan published earlier this year. Look for more
updates to come.
In closing I will add that I do not
believe that our current share price is a reflection of PURA’s
value. I feel the share price is impacted by the prevailing
trepidation in the overall market and by the underestimation of
hemp’s overall disruptive potential. I am confident the
market will overcome its current trepidation and again see the
overwhelming global economic growth potential. I am also
confident the disruptive potential of hemp will become more and
more visible. In turn, I am optimistic that market condition
improvements and the improved visibility of hemp’s potential will
have a positive impact on PURA’s share
price.
Sincerely,
Brian
Shibley
CEO PURA
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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