PURA Expects To Boost Revenue Entering $17 Billion CBD Nutraceutical Market
Puration, Inc. (PURA) and PAO Group, Inc. (PAOG) are collaborating on a new line of CBD Nutraceuticals under PURA's Farmersville Hemp Brand.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Puration, Inc. (PURA) and PAO Group, Inc. (PAOG) are collaborating on a new line of CBD Nutraceuticals under PURA's Farmersville Hemp Brand. The companies plan to unveil a sneak peek of this product line on March 17, 2022, ahead of its official launch in April 2022. The CBD Nutraceutical market is projected to exceed $17 billion by 2026, leading to expectations of boosted revenue for PURA in 2022. The new products will be sold through North American Cannabis Holding, Inc. (USMJ) ecommerce platform.
Positive
- Collaboration with PAOG on new CBD Nutraceutical line.
- New product line expected to boost revenue beyond current projections.
- CBD Nutraceutical market projected to exceed $17 billion by 2026.
Negative
- None.
Details
News Market Reaction – PURA
The recorded move for PURA in the trading session of this news was -5.13%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Dallas, Texas, March 14, 2022 (GLOBE NEWSWIRE) -- Puration, Inc. (OTC Pink: PURA) and PAO Group, Inc. (OTC Pink: PAOG) are working together on a new line of CBD Nutraceuticals under PURA’s Farmersville Hemp Brand Name. Later this week, on Thursday, March 17, 2022, the two companies plan to publish a sneak on the coming launch of a new CBD Nutraceutical Line.
The CBD Nutraceutical market is anticipated to reach a value over
PAOG revealed in a February strategic update that the two companies were working together on a new line of CBD Nutraceuticals under PURA’s Farmersville Hemp Brand Name. The joint CBD Nutraceutical developments have progressed, and the two companies now plan to launch the new product line next month in April.
The new CBD Nutraceuticals will be available on North American Cannabis Holding, Inc.’s (OTC Pink: USMJ) ecommerce site www.USMJ.com.
Read PURA’s latest comprehensive update on PURA’s Farmersville Hemp Brand rollout.
For more information on Puration, visit http://www.purationinc.com
Learn more about PAOG at www.paogroupinc.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
PAO Group, inc.
Jim DiPrima
888-272-6472
info@pao.group
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