Puration Inc (PURA)

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Puration and Spanish Peaks Announce Cannabis Beverage Name Contest Winners - First CannaCola Second CannaBliss and Third Canna Pur

PR Newswire October 21, 2016

DALLAS, October 21, 2016 /PRNewswire/ --

Puration, Inc. (PURA) and Colorado based Spanish Peaks ScumpDelicacies today announced the Spanish Peaks Cannabis Infused Beverage Naming Contest Winners.

The first place name is CannaCola. The second place name is CannaBliss and in third place, Canna Pur.

Three winners will receive a one year supply of the beverage produced under the name the winner submitted.

Puration and Spanish Peaks recently entered into a $1 million collaboration agreement to produce and co-market THC and CBD infused beverages.

In conjunction with the collaboration agreement, Spanish Peaks launched a contest online inviting the public to propose and promote names for the first cannabis infused beverages.

Puration utilizes a highly refined cannabis extraction process to deliver consistent and high-quality cannabis extracts. Puration recently announced an independent lab test certifying Puration CBD extract at 98% purity. The Company's business strategy is to develop collaboration agreements with food and beverage companies to co-market food and beverage products infused with Puration's cannabis extracts. Puration has published a business plan with a $3 million revenue forecast on the Company's website.

Spanish Peaks ScrumpDelicacies is a venture backed startup dedicated to building cannabis consumer product production capacity in the Southern Front Range Region of Colorado. After the Southern Colorado Town of Walsenburg was featured in a USA TODAY report last year as a potentially ideal region for the evolving cannabis industry yet underserved by the investment community, the Spanish Peaks ScrumpDelicacies initiative was born.

Stay tuned for coming announcements for details on the production and marketing of the contest winning beverages.

See contest rules regarding awards and contest details.

To learn more about Puration: http://www.purationinc.com

Follow Puration on Twitter: https://twitter.com/Puration710

Visit Puration on Facebook: https://www.facebook.com/puration/