PURA Farmersville Hemp Targets $13B CBD Market And $41B Sustainability Market
December 06 2021 - 12:01PM
InvestorsHub NewsWire
Dallas, TX
-- December 6, 2021 -- InvestorsHub NewsWire -- Puration,
Inc. (USOTC:
PURA) today highlighted that while the CBD market is
anticipated to grow to $13 billion
by 2028, the Green Technology and Sustainability Market
expected to expand from $9 billion
reported in 2021 to over $41 billion by
2028.
PURA has
launched its Farmersville Hemp brand to expand the overall market
opportunity for hemp by first providing education on the overall
potential of industrial hemp. In addition to generating
revenue from its education services, PURA expects to monetize its
efforts by building a co-op of hemp growers and processors and
selling the co-op’s collective products and services under the
Farmersville Hemp brand
name.
PURA has
launched an initiative to build a cooperative of hemp growers and
processers all selling under one brand name, Farmersville Hemp,
similar to the way that Sun-Maid Raisins collectively markets for growers all selling
under one brand name.
The
Farmersville Hemp Brand strategy will be centered on articulating
the value of leveraging industrial hemp solutions to garner the
economic value from implementing sustainable
solutions.
Every ton of
hemp removes 1.7 tons of carbon form the atmosphere. Cotton
requires 50% more water than hemp to grow. These are just a couple
of small examples of the sustainable benefits with economic
incentives from implementing hemp
strategies.
PURA will
continue to work closely with PAO Group, Inc. (USOTC:
PAOG) in the development of CBD extract pharmaceuticals and
nutraceuticals. PURA will also continue to work closely with
Alkame Holdings, Inc. (USOTC:
ALKM) and North American Cannabis Holdings, Inc. in the
development of CBD infused foods and
beverages.
PURA recently
announced the company expects to sign its first contracts in the
month of December, contributing to its initial 2022 $1 million
revenue forecast:
PURA Highlights
Dark Horse Potential To Substantially Exceed $1M Revenue
Forecast
PURA has
established a new business model to build an industrial hemp
business with 3 sources of revenue – education, branding and
partnerships. The initial revenue forecasted for next year
conservatively only encompasses revenue coming from its education
line of business which is designed to ignite the revenue potential
of the branding and partnership business lines. Management
indicates the branding and particularly the partnership lines of
business to have a high potential of contributing revenue next
year. Accordingly, management has indicated the possibility that
the initial revenue forecast maybe revised upward more than once in
the course of 2022.
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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