MJNA Medical Marijuana Inc (PK)

June 10, 2019 -- InvestorsHub NewsWire -- via NextBigTicker.com

Puration, Inc. (USOTC: PURA) is on the verge of a PPS breakout.  As of the writing of this feature, PURA is trading just under its 50-day moving average at $0.075 with the next technical milestone, the 200 day moving average at $0.079.  The PPS is up today after AmericanBulls (AmericanBulls.com/PURA) recommended PURA as a BUY after the trading session close on Friday.  Last week on Thursday, June 6^th, 2019, PURA was rated a Speculative BUY with a $0.25 PPS Target in a Goldman Small Cap Research Report.  The Goldman Report went on to add that the PURA PPS could reach as high as $0.35.  PURA’s 52-week high is $0.25 and with the CBD sector heating up in the stock market, it looks like PURA could be heading back to its 52-week high, if not beyond.

PURA also recently announced a new East Coast Distributor for its EVERx CBD Sports Water:

“PURA currently has over $1 million in annualized revenue primarily from the sales of its EVERx CBD Sports Water. Sales of EVERx today come primarily from the South and South West United States. PURA has announced a 2019 $4 million revenue target. The distribution agreement announced today is PURA’s first major distribution agreement for the East Coast and it is anticipated to have EVERx on shelves from Florida to Maine.” 

PURA is a leading opportunity in the CBD sector that is now heating up.  The news is full today with CBD investment opportunities.  Vape Holdings, Inc. (VAPE) has CBD news out today as does Medical Marijuana, Inc. (MJNA).  Kona Gold Solutions (KGKG) has seen a recent run up form under $0.07 to $0.14 on cannabis beverage news.

Disclaimer: 

NextBigTicker.com (NBT)is a third party publisher and news dissemination service provider. NBT is NOT affiliated in any manner with any company mentioned herein. NBT is news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. NBT's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release or opinion of the writer. NBT is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. NBT has not been compensated for this release and HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

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.

Source: www.nextbigticker.com

Medical Marijuana (PK) (USOTC:MJNA)
Historical Stock Chart
From Oct 2024 to Nov 2024

Medical Marijuana (PK) (USOTC:MJNA)
Historical Stock Chart
From Nov 2023 to Nov 2024