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PURA Announces Solar Powered Enhancement For Farmersville Hemp Complex

Puration, Inc. (OTC Pink: PURA) has announced that its Farmersville Hemp complex will be powered by solar energy.

(Moderate)

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Rhea-AI Summary

Puration, Inc. (OTC Pink: PURA) has announced that its Farmersville Hemp complex will be powered by solar energy. This initiative aligns with the company’s strategy to promote the environmental benefits of hemp solutions. In a recent strategic overview, PURA projected revenue of $1 million for 2022 and highlighted a potential increase to $10 million, driven by collaboration with co-op partners. The company is building a marketing co-op under the Farmersville Hemp brand, which includes partners like Alkame Holdings, PAO Group, and others.

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Positive

  • PURA aims for $1 million in revenue for 2022, with potential growth to $10 million.
  • Initiative to utilize solar energy enhances the company's sustainability initiatives.
  • Partnerships with other companies may stimulate market demand for hemp products.

Negative

  • None.
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News Market Reaction – PURA

The recorded move for PURA in the trading session of this news was +1.54%.

Data tracked by StockTitan Argus. Session date unavailable.

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Dallas, TX, Feb. 01, 2022 (GLOBE NEWSWIRE) -- Puration, Inc. (OTC Pink: PURA) today announced the company’s Farmersville Hemp complex will be solar powered in conjunction with PURA’s overall plans to market the environmental sustainability benefits of hemp-based solutions.

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.”

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.

PURA is building a marketing co-op under the brand name “Farmersville Hemp.”

PURA co-op partners include Alkame Holdings, Inc. (OTC Pink: ALKM), PAO Group, Inc. (OTC Pink: PAOG), North American Cannabis Holdings, Inc. (OTC Pink: USMJ), and UC Asset LP (OTCQX: UCASU).

Look for more details later this week on PURA’s solar powered solution.

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


FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What are PURA's revenue projections for 2022?

PURA projects $1 million in revenue for 2022, with potential growth to $10 million.

How will PURA's Farmersville Hemp complex be powered?

The Farmersville Hemp complex will be powered by solar energy.

Who are PURA's co-op partners?

PURA's co-op partners include Alkame Holdings, PAO Group, North American Cannabis Holdings, and UC Asset.

What is the purpose of PURA's marketing co-op?

The marketing co-op aims to drive demand for hemp-based solutions under the Farmersville Hemp brand.

When did PURA announce these developments?

PURA announced these developments on February 1, 2022.

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