PURA Anticipates Revenue Boost From USMJ Cannabis Ecommerce Expansion
05 February 2022 - 3:14AM
InvestorsHub NewsWire
Dallas, TX -- February 4, 2022 --
InvestorsHub NewsWire -- Puration, Inc. (USOTC:
PURA) today announced the company anticipates a revenue boost
form North American Cannabis Holding’s (USOTC:
USMJ) recently announced Cannabis Ecommerce
Expansion.
PURA recently sold its EVERx CBD Sports
Fitness Beverage line to USMJ in exchange for a royalty
agreement. EVERx is available for sale on USMJ’s ecommerce
site, www.USMJ.com. EVERx is a leading CBD beverage within
the sports nutrition market. USMJ’s cannabis ecommerce
expansion is expected to boost EVERx sales and in turn, royalty
payments to PURA.
PURA anticipates generating $1 million in
revenue in 2022 with the potential to reach $10 million in revenue
this year. The $10 million revenue opportunity is enhanced by
the progress of PURA’s co-op partners like
USMJ.
PURA sold EVERx to USMJ last year to begin
focusing on its recently launched 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.
PURA recently
published a 2022 strategic overview detailing the company’s plan to grow
revenue and increase shareholder value by driving market wide
demand for the “multitude of yet to be realized uses of
hemp.”
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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