PURA Farmersville Hemp Brand Potential Fueled By Over 20,000 Confirmed Hemp Growers Surveyed By USDA
February 18 2022 - 2:01PM
InvestorsHub NewsWire
Dallas, TX -- February 18, 2022 --
InvestorsHub NewsWire -- Puration, Inc. (USOTC:
PURA) has launched an initiative to expand the utilization of
hemp worldwide under the brand name Farmersville Hemp. PURA is
building a 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.
Yesterday, the U.S.
Department of Agriculture (USDA) published the first ever
survey on the newly legal hemp industry. The report drew
on over 20,000 surveyed growers.
PURA anticipates generating at least $1
million in revenue in 2022 with the potential to reach $10 million
in revenue. The $10 million revenue opportunity outlook is
improving based on the recent progress of PURA’s co-op
partners.
PURA is scheduled to publish a report next
week on the company’s progress to date on the execution of its 2022
strategic plan. The update will be published on Tuesday,
February 22nd.
PURA’s 2022 strategic
plan overview detailing the company’s strategy to grow
revenue and increase shareholder value by driving market wide
demand for the “multitude of yet to be realized uses of hemp” can
be viewed by following the link
above.
Current PURA co-op partners include Alkame
Holdings, Inc. (USOTC:
ALKM), PAO Group, Inc. (USOTC:
PAOG), North American Cannabis Holdings, Inc. (USOTC:
USMJ), and UC Asset LP (OTCQX:
UCASU).
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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