PURA - Puration Anticipates Accelerated Q3 And Q4 Revenue Growth From Ongoing Beverage Sales And New Grow Operations
27 June 2017 - 11:00PM
InvestorsHub NewsWire
Dallas, TX – June 27, 2017
- Puration, Inc. (USOTC: PURA) last week announced the Company
entering into a letter of intent agreement to acquire a grow operation with an
existing twenty-five greenhouse facility anticipated to add $1
million in annual revenue with the potential to expand to $16
million in annual revenue.
Drug Emporium, EVERx CBD Infused Citrus Cooler Flavored
Water, and EVERx CBD Infused Orange Flavored Water
PURA continues to grow its cannabis infused beverage
business. The cannabis infused beverage business will
continue to include both the expansion of the PURA in-house EVERx
beverage line in addition to providing extracts for third party
beverages. Besides closing its first major retail chain
distribution agreement with Drug Emporium for its EVERx CBD Infused
Sports Water, PURA also recently announced its EVERx CBD Infused
Citrus Cooler Flavored Sports Water, the first of three-planned
flavored EVERx CBD Infused Sports Waters. The Company has
produced its first Citrus Cooler Flavored CBD Infused Sports Water
and is currently market testing the product. Today, the
Company is for the first time announcing the addition of an EVERx
CBD Infused Orange Flavored Sports Water. Management
anticipates the first EVERx CBD Infused Orange Flavored Sports
Water being produced and market tested by the end of
July.
AmeriCanna Cafe Cannabis Infused Beverages, and Spanish
Peaks ScrumpDelicacies Cannabis Infused Beverages
PURA continues to work with North American Cannabis Holdings
(USOTC: USMJ) to develop USMJ’s own AmeriCanna Cafe line of
cannabis infused beverages in addition to working with Spanish
Peaks ScrumpDelicacies to develop a line of Spanish Peaks cannabis
infused beverages. First product announcements of each are
anticipated soon.
Anticipated Sales Growth Acceleration In Q3 and Q4
2017
Management anticipates substantial sales growth in the
3rd and 4th fiscal quarters of 2017 from the
combination of its ongoing cannabis infused beverage sales and the
impending new addition of its grow operation sales.
Learn More About PURA:
purationinc.com
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.
Puration Contact:
Brian Shibley, CEO
info@purationinc.com
+1-214-937-9097
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