PURA and PAOG Partner With UCASU in Cannabis Real Estate Deal
05 November 2021 - 12:02AM
InvestorsHub NewsWire
Dallas, TX -- November 4, 2021 -- InvestorsHub NewsWire --
Puration, Inc. (OTC
Pink: PURA) and PAO Group, Inc. (OTC
Pink: PAOG) today announced plans to partner with UC Asset LP
(OTCQX:
UCASU) in the construction of a cannabis extraction lab.
UCASU and PURA have announced entering into a letter of intent
outlining terms for UCASU to finance the construction of
PURA’s Farmersville Hemp Brand facilities on
PURA’s 72 acre property in Farmersville, Texas. UCASU also plans to
provide financing to PURA’s Farmersville Hemp Brand partners.
PURA has launched an initiative to build a cooperative of hemp
growers and processers all selling under one brand name,
Farmersville Hemp, similar to the way that Sun-Maid
Raisins collectively markets for growers all selling
under one brand name.
PURA and PAOG plan to work with UCASU through the program PURA
and UCASU are building in conjunction with the cannabis extraction
lab PAOG plans to construct with PURA.
UCASU’s plans with PURA come in conjunction with UCASU’s
recently announced overall strategy to enter the cannabis real
estate market. A definitive agreement between UCASU and PURA is
anticipated to be completed this week.
PURA has also established Farmersville Hemp Brand partnerships
with North American Cannabis Holdings, Inc. (OTC
Pink: USMJ), and Alkame Holdings, Inc. (OTC Pink: ALKM).
Look for more information on UCASU and PURA’s real estate
partnership plans later this week with the anticipated announcement
of a definitive agreement.
About UC Asset LP
UC Asset LP is a limited partnership formed for the purpose of
investing in real estate with innovative strategies, concentrating
in metropolitan areas of Atlanta, GA. For more information about UC
Asset, please visit: www.ucasset.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:
Christal Jordan
Executive Director
UC Asset LP
cjordan@ucasset.com
678-499-0297
For more information on Puration visit http://www.purationinc.com
Puration, Inc.
Brian Shibley,
info@aciconglomerated.com
(800) 861-1350
For more information on visit www.paogroupinc.com.
Jim DiPrima
888-272-6472
info@pao.group
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