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NOUV - Important Notes
"Now that the securities exchange agreement between NOUV and Puration is finalized, NOUV is working to rapidly come current with its financial reports." - https://www.purationinc.com/cannabisbeveragebusinessplan/
"NOUV management plans to bring NOUV current with its reporting requirements in the same time frame...on or before November 12th"
https://finance.yahoo.com/news/puration-inc-targets-november-15th-125000284.html
"Management has shown no interest in reverse splits"
Nouveau Life Pharmaceuticals (USOTC: NOUV) ($0.0003) - NOUV has recently acquired a cannabis cultivation operation from cannabis industry juggernaut Puration, Inc. (USOTC: PURA). The company is issuing a stock dividend to the shareholders of PURA. The dividend, set to be declared on the 15th of November, and the overall business relationship with PURA stands to potentially drive NOUV into the double digits between now and the 15th of November...Management has shown no interest in reverse splits and seems content with working in the sub penny range continuing to incubate new cannabis sector enterprises and giving shareholders the opportunity to enjoy one triple zero to double zero run after another.
https://ih.advfn.com/p.php?pid=nmona&article=78569240
October 29, 2018
"Kali, Inc. (USOTC: KALY) today announced entering into discussions with Puration, Inc. (USOTC: PURA) and Nouveau Life Pharmaceuticals, Inc. (USOTC: NOUV) to explore forming a joint venture company between the three to develop cannabis pharmaceutical products...Look for more info on Kali’s plans with NCM Biotech and Puration and Nouveau later this week in a management presentation on the company’s comprehensive post acquisition business plan."
https://finance.yahoo.com/news/kali-inc-enters-discussions-puration-150149527.html
October 4, 2018
"In addition to PURA's plan to file its 2018 Q3 report on or before November 12th, NOUV management plans to bring NOUV current with its reporting requirements in the same time frame."
https://finance.yahoo.com/news/puration-inc-targets-november-15th-125000284.html
"Representatives of the three companies plan to meet next week in Dallas, Texas at Puration’s headquarters."
https://finance.yahoo.com/news/kali-inc-present-strategy-entering-133802344.html
NOUV remains to be the backbone to this joint venture. Before any products can be extracted or made, the cannabis must be cultivated. NOUV is in a very, very good position.
“Some feedback has specifically indicated that a number of our candidate pharmaceutical products under development have a greater efficacy potential than GW Pharmaceutical products and candidate products.”
https://finance.yahoo.com/news/kali-inc-present-strategy-entering-133802344.html
If this Joint Venture can produce products with greater efficacy than GW Pharmaceutical, the future is very promising for the three companies involved. GW Pharmaceutical is trading on the NASDAQ (NASDAQ:GWPH). Currently it has attracted attention from big companies such as Constellation Brands, Coca-Cola, Heineken, and others. These are only beverage brands, soon it will attract major top tier pharmaceutical companies as well.
“Some feedback has specifically indicated that a number of our candidate pharmaceutical products under development have a greater efficacy potential than GW Pharmaceutical products and candidate products.”
https://finance.yahoo.com/news/kali-inc-present-strategy-entering-133802344.html
If this Joint Venture can produce products with greater efficacy than GW Pharmaceutical, the future is very promising for the three companies involved. GW Pharmaceutical is trading on the NASDAQ (NASDAQ:GWPH). Currently it has attracted attention from big companies such as Constellation Brands, Coca-Cola, Heineken, and others. These are only beverage brands, soon it will attract major top tier pharmaceutical companies as well.
"Representatives of the three companies plan to meet next week in Dallas, Texas at Puration’s headquarters."
https://finance.yahoo.com/news/kali-inc-present-strategy-entering-133802344.html
NOUV remains to be the backbone to this joint venture. Before any products can be extracted or made, the cannabis must be cultivated. NOUV is in a very, very good position.
November will be very good to NOUV shareholders.
"Management has shown no interest in reverse splits"
Nouveau Life Pharmaceuticals (USOTC: NOUV) ($0.0003) - NOUV has recently acquired a cannabis cultivation operation from cannabis industry juggernaut Puration, Inc. (USOTC: PURA). The company is issuing a stock dividend to the shareholders of PURA. The dividend, set to be declared on the 15th of November, and the overall business relationship with PURA stands to potentially drive NOUV into the double digits between now and the 15th of November...Management has shown no interest in reverse splits and seems content with working in the sub penny range continuing to incubate new cannabis sector enterprises and giving shareholders the opportunity to enjoy one triple zero to double zero run after another.
https://ih.advfn.com/p.php?pid=nmona&article=78569240
"Management has shown no interest in reverse splits"
Top 20 Most Active Traders On Cannabis News -
Nouveau Life Pharmaceuticals (USOTC: NOUV) ($0.0003) - NOUV has recently acquired a cannabis cultivation operation from cannabis industry juggernaut Puration, Inc. (USOTC: PURA). The company is issuing a stock dividend to the shareholders of PURA. The dividend, set to be declared on the 15th of November, and the overall business relationship with PURA stands to potentially drive NOUV into the double digits between now and the 15th of November...Management has shown no interest in reverse splits and seems content with working in the sub penny range continuing to incubate new cannabis sector enterprises and giving shareholders the opportunity to enjoy one triple zero to double zero run after another.
https://ih.advfn.com/p.php?pid=nmona&article=78569240
October 29, 2018
"Kali, Inc. (USOTC: KALY) today announced entering into discussions with Puration, Inc. (USOTC: PURA) and Nouveau Life Pharmaceuticals, Inc. (USOTC: NOUV) to explore forming a joint venture company between the three to develop cannabis pharmaceutical products...Look for more info on Kali’s plans with NCM Biotech and Puration and Nouveau later this week in a management presentation on the company’s comprehensive post acquisition business plan."
https://finance.yahoo.com/news/kali-inc-enters-discussions-puration-150149527.html
October 4, 2018
"In addition to PURA's plan to file its 2018 Q3 report on or before November 12th, NOUV management plans to bring NOUV current with its reporting requirements in the same time frame."
https://finance.yahoo.com/news/puration-inc-targets-november-15th-125000284.html
"NOUV management plans to bring NOUV current with its reporting requirements in the same time frame...on or before November 12th"
https://finance.yahoo.com/news/puration-inc-targets-november-15th-125000284.html
Awesome. Thanks for posting. Now we have a timeframe for reference.
NCBchBoy, the images looked very recent, most likely within the past two years. Within this PR...
"The company acquired First Choice Nursery last year (2017) to establish a 25-greenhouse operation in the first step of a plan to grow the operation to 400 greenhouses...and immediately began renovations."
https://finance.yahoo.com/news/puration-cannabis-cultivation-business-takes-131300744.html
The Cannabis Cultivation business means that NOUV will cultivate from First Choice Nursery as well as Canadian Cannabis Farmers Co-Op.
"The acquisition of Canadian Cannabis Farmers Co-Op dramatically accelerates Puration’s cannabis cultivation strategy by entering the company into Canada’s estimated $5 billion market for recreational marijuana expected to be implemented this summer (2018)"
https://www.aciconglomerated.com/pura/2018/5/10/puration-presents-cannabis-cultivation-strategy-to-establish-brand-name-in-97-billion-market-following-recent-acquisition-of-canadian-cannabis-farmers-co-op
if the images by Stewy was around five years ago displayed by google maps then the images today are due to the recent renovations.
Recent Satellite Image shows progress
Puration Acquires 25 Greenhouse Grow Operation Entering $20 Billion Marijuana Market Opportunity
DALLAS, July 20, 2017 /PRNewswire/ --
Puration, Inc. (USOTC: PURA) today announced the acquisition of a 25-greenhouse grow operation. PURA operates a U.S. Patented Cannabis Extraction process and sells its extracts for infusion into a variety of consumer products to include beverages, foods, nutritional supplements and cosmetics. The grow operation will provide PURA the opportunity to refine its own strains of cannabis to further enhance the efficacy of its extracts. The Company recently announced a $1.2 million sales contract executed in anticipation of the acquisition announced today. The grow operation has the potential to expand production to another 400 irrigated greenhouse pads ready for buildout. Management anticipates the operations have the potential to expand to as high as $16 million in annual sales in the not too distant future, and substantially higher to well over $100 million in annual sales as the legalization process for medical marijuana matures. Forbes reported that marijuana sales in the U.S. last year were over $6 billion, and that marijuana sales in the U.S are anticipated to exceed $20 billion by 2021. Look for an online presentation from the Company next week about the overall strategy behind the acquisition to include more insight on the timing of the opportunity to reach $16 million in annual sales and beyond.
https://www.aciconglomerated.com/pura/2017/9/9/puration-acquires-25-greenhouse-grow-operation-entering-20-billion-marijuana-market-opportunity
Acquisition Target - Nouveau Life Pharmaceuticals, Inc., (NOUV)
“As of October 2018, the Company (Puration Inc.) spun off its cannabis cultivation segment operation. The spinoff transaction is ultimately structured as a reverse merger involving comprehensive terms that include a change of control. The spinoff was affected through the execution of a securities exchange agreement with Nouveau Life Pharmaceuticals, Inc., (NOUV) (“NOUV”). Now that the securities exchange agreement between NOUV and Puration is finalized, NOUV is working to rapidly come current with its financial reports. The first steps leading to the stock dividend distribution are underway, and the combined management teams are committed."
“The CEO discussed the recent interest in Puration's EVERx CBD Sports Water shown by LA Libations, the key innovation partner of The Coca-Cola Company. Coca-Cola owns a minority stake in LA Libations. Also, here the CEO discuss Puration's ongoing and developing relationship with Europa Sports Products, the leading distributor of nutritional sports supplements, sports drinks and accessories in the United States.”
“Hemp Business Journal, the overall hemp-based CBD market is forecast to grow from $820 million in 2017 to $1.9 billion in 2022 and given that the market remains fragmented, fast-growing PURA is well positioned to capture market share very quickly.”
“Puration CEO Brian Shibley and Goldman Small Cap Research founder Rob Goldman discussed recently demonstrated interest in the CBD infused beverage market by top tier beverage companies. These include Constellation Brands, Coca-Cola, Heineken, and others. Shibley also noted discussions Puration has recently engaged with an affiliate of Coca-Cola, LA Libations, along with a leading distributor in the sports nutrition market, Europa.”
Nouveau Life Pharmaceuticals, Inc (OTCM: NOUV) is very well positioned with this Cannabis Cultivation Operation Spin-off. The spin-off is structured as a reverse merger, therefore, Puration Inc now will have control of NOUV and its board of directors. CEO, Brian Shibley demonstrated that interest from “top tier beverage companies, ie; Constellation Brands, Coca-Cola, Heineken, and others” may lead to Puration Inc being an acquisition candidate. Nouveau Life Pharmaceuticals, Inc (NOUV), will be included in any acquisition/buy-out from these top tier companies. “A major component of having the best cannabis extract is having the best cannabis plants from which to extract cannabinoids. Cannabis cultivation is a natural extension of Puration's long-term development. Being headquartered in Texas, it made sense to take advantage of new medical marijuana laws in Texas. Puration has already set up a 25-greenhouse operation in its home state of Texas where limited medical marijuana legalization has passed. Puration is working to secure a medical marijuana cultivation license in Texas.”
Sources:
https://finance.yahoo.com/news/puration-announces-loi-spinoff-cannabis-131500268.html
https://finance.yahoo.com/news/puration-inc-reveals-recent-interest-120000304.html
https://finance.yahoo.com/quote/PURA/
https://finance.yahoo.com/news/puration-cannabis-cultivation-business-takes-131300744.html
https://finance.yahoo.com/news/puration-announces-cannabis-cultivation-spinoff-120000603.html?.tsrc=applewf
https://finance.yahoo.com/news/pura-puration-confirms-spinoff-scheduled-162241991.html
https://www.aciconglomerated.com/
https://www.aciconglomerated.com/usmj/2018/7/31/coming-soon-usmj-reorganization-update
https://finance.yahoo.com/news/puration-expands-cannabis-beverage-brand-130000847.html
https://finance.yahoo.com/news/puration-announces-everx-cbd-sports-175200091.html
https://finance.yahoo.com/news/puration-announces-everx-cbd-sports-123000748.html
NOUV Upcoming Events:
1. Securing an Attorney (most likely Law Offices of Lawrence W. Bailey) to update OTCMarkets and its' filings to bring NOUV to Pink Current Status.
2. Update NVSOS.
3. Company Name Change and Ticker Symbol Change.
4. Restructuring and Recapitalization.
5. Website updates.
6. Shareholder News/PR.
NOUV - A Acquisition Candidate
“As of October 2018, the Company (Puration Inc.) spun off its cannabis cultivation segment operation. The spinoff transaction is ultimately structured as a reverse merger involving comprehensive terms that include a change of control. The spinoff was affected through the execution of a securities exchange agreement with Nouveau Life Pharmaceuticals, Inc., (NOUV) (“NOUV”). Now that the securities exchange agreement between NOUV and Puration is finalized, NOUV is working to rapidly come current with its financial reports. The first steps leading to the stock dividend distribution are underway, and the combined management teams are committed."
“The CEO discussed the recent interest in Puration's EVERx CBD Sports Water shown by LA Libations, the key innovation partner of The Coca-Cola Company. Coca-Cola owns a minority stake in LA Libations. Also, here the CEO discuss Puration's ongoing and developing relationship with Europa Sports Products, the leading distributor of nutritional sports supplements, sports drinks and accessories in the United States.”
“Hemp Business Journal, the overall hemp-based CBD market is forecast to grow from $820 million in 2017 to $1.9 billion in 2022 and given that the market remains fragmented, fast-growing PURA is well positioned to capture market share very quickly.”
“Puration CEO Brian Shibley and Goldman Small Cap Research founder Rob Goldman discussed recently demonstrated interest in the CBD infused beverage market by top tier beverage companies. These include Constellation Brands, Coca-Cola, Heineken, and others. Shibley also noted discussions Puration has recently engaged with an affiliate of Coca-Cola, LA Libations, along with a leading distributor in the sports nutrition market, Europa.”
Nouveau Life Pharmaceuticals, Inc (OTCM: NOUV) is very well positioned with this Cannabis Cultivation Operation Spin-off. The spin-off is structured as a reverse merger that involves comprehensive terms and a change of control, therefore, Puration Inc now will have control of NOUV and its board of directors. CEO, Brian Shibley demonstrated that interest from “top tier beverage companies, ie; Constellation Brands, Coca-Cola, Heineken, and others” may lead to Puration Inc being an acquisition candidate. Nouveau Life Pharmaceuticals, Inc (NOUV), will be included in any acquisition/buy-out from these top tier companies. “A major component of having the best cannabis extract is having the best cannabis plants from which to extract cannabinoids. Cannabis cultivation is a natural extension of Puration's long-term development. Being headquartered in Texas, it made sense to take advantage of new medical marijuana laws in Texas. Puration has already set up a 25-greenhouse operation in its home state of Texas where limited medical marijuana legalization has passed. Puration is working to secure a medical marijuana cultivation license in Texas.”
Sources:
https://finance.yahoo.com/news/puration-announces-loi-spinoff-cannabis-131500268.html
https://finance.yahoo.com/news/puration-inc-reveals-recent-interest-120000304.html
https://finance.yahoo.com/quote/PURA/
https://finance.yahoo.com/news/puration-cannabis-cultivation-business-takes-131300744.html
https://finance.yahoo.com/news/puration-announces-cannabis-cultivation-spinoff-120000603.html?.tsrc=applewf
https://finance.yahoo.com/news/pura-puration-confirms-spinoff-scheduled-162241991.html
https://www.aciconglomerated.com/
https://www.aciconglomerated.com/usmj/2018/7/31/coming-soon-usmj-reorganization-update
https://finance.yahoo.com/news/puration-expands-cannabis-beverage-brand-130000847.html
https://finance.yahoo.com/news/puration-announces-everx-cbd-sports-175200091.html
https://finance.yahoo.com/news/puration-announces-everx-cbd-sports-123000748.html
"Now that the securities exchange agreement between NOUV and Puration is finalized, NOUV is working to rapidly come current...The first steps leading to the stock dividend distribution are underway, and the combined management teams are committed."
https://www.purationinc.com/cannabisbeveragebusinessplan/
NOUV Upcoming Events:
1. Securing an Attorney (most likely Law Offices of Lawrence W. Bailey) to update OTCMarkets and its' filings to bring NOUV to Pink Current Status.
2. Update NVSOS.
3. Company Name Change and Ticker Symbol Change.
4. Restructuring and Recapitalization.
5. Website updates.
6. Shareholder News/PR.
Cannabis Cultivation Business - Nouveau Life Pharmaceuticals,Inc.
"To streamline and concentrate all its resources on the production of cannabis infused beverages, Puration has recently spun-off its cannabis cultivation operation. The spinoff was affected through the execution of a securities exchange agreement with Nouveau Life Pharmaceuticals, Inc., (NOUV) (“NOUV”). Now that the securities exchange agreement between NOUV and Puration is finalized, NOUV is working to rapidly come current with its financial reports. The first steps leading to the stock dividend distribution are underway, and the combined management teams are committed."
https://www.purationinc.com/cannabisbeveragebusinessplan/
"The company acquired First Choice Nursery last year to establish a 25-greenhouse operation in the first step of a plan to grow the operation to 400 greenhouses. First Choice Nursery began booking its first sales in the first quarter of this year.
First Choice Nursery which has an existing twenty-five greenhouse facility in Texas. The company has the opportunity to expand to an additional 400 irrigated greenhouse pads ready for buildout. Renovations have already begun. Puration has a U.S. Patented Cannabis Extraction process licensed from NCM Biotech. The license of the process to Puration is the first and only license NCM Biotech has executed. R&D with NCM Biotech's patented process has demonstrated a high potential for bringing FDA approved pharmaceutical products to market for the treatment of multiple neurological disorders and cancer.
"I have received doctor feedback from more than one of our research initiatives that extracts coming from NCM Biotech's patented process are superior in purity and quality to any other available cannabis extracts," said Frederick Ferri, CEO and Founder of NCM Biotech. "Some feedback has specifically indicated that a number of our candidate pharmaceutical products under development have a greater efficacy potential than GW Pharmaceutical products and candidate products."
Puration and NCM Biotech plan to expand existing University Research relationships to include a portion of the greenhouse facility being utilized to develop a proprietary strain of CBD. Puration will use proceeds from the balance of the traditional nursery operation to expand the operation into its full 400 greenhouse potential. The operation is located in a region of East Texas well known for nursery operations. Texas has recently legalized medical marijuana and is pending the issuance of its first licenses. Puration intends to transition to marijuana growing overtime in conjunction with the legalization process. In the meantime, Puration anticipates the traditional nursery operations have the potential to expand to as high as $16 million in annual sales. Medical Marijuana sales can be substantially higher."
A major component of having the best cannabis extract is having the best cannabis plants from which to extract cannabinoids. Cannabis cultivation is a natural extension of Puration's long-term development. Being headquartered in Texas, it made sense to take advantage of new medical marijuana laws in Texas. Accordingly, Puration acquired an older conventional nursery operation, First Choice Nursery, and immediately began renovations. Puration is now utilizing the 25-greenhouse facility conventionally and anticipates growing to $1 million in annual sales from conventional nursery operations. First Choice Nursery started booking its first sales since the Puration acquisition in the first quarter of this year. Puration has an option on acquiring another 400 greenhouse pads. Puration is working to secure a medical marijuana cultivation license in Texas with future plans to migrate the conventional nursery operation into a cannabis cultivation operation.
https://finance.yahoo.com/news/puration-cannabis-cultivation-business-takes-131300744.html
Puration's Cannabis Cultivation Foundation
Puration has implemented a long-term cannabis cultivation strategy to navigate the evolving legal environment and ultimately establish a recognized brand name in the cannabis marketplace. Through last year's acquisition of First Choice Nursery, Puration has already set up a 25-greenhouse operation in its home state of Texas where limited medical marijuana legalization has passed. The company is working to establish a university-backed cannabis cultivation research facility within the 25-greenhouse operation. In the meantime, the facility is financed by growing conventional household and landscape plants. It is expected to generate $1 million in revenue this year and self-finance the expansion of the 25-greenhouse operation into as many as 400-greenhouses. Once recreational marijuana is legal either through state or federal law, the Texas facility will be in a leadership position with a robust production facility ready-to-go and a university research backed cultivation process in place.
Canadian Cannabis Farmers Co-Op Business Plan
The acquisition of Canadian Cannabis Farmers Co-Op positions Puration for the estimated $5 billion recreational marijuana market expected to be legalized nationwide in Canada this summer. With the acquisition, Puration now has in-house cultivation experience garnered from the operation of a licensed medical marijuana facility of substantial size. The company plans to apply for a recreational license and anticipates its medical marijuana experience to be of benefit in the recreational license application process. Similar to other Canadian marijuana sector companies such as Canopy Growth Corp. (TWMJF), Aurora Cannabis (ACBFF), Aphria (APHQF), MedReleaf (MEDFF), and OrganiGram Holdings (ORGMF). Puration has plans to build substantial in-house operations. The company has already received interest from investors in backing the construction of facilities for pursuing the Canadian legal marijuana market. However, in addition to building out in-house operations, Puration plans to take its acquired expertise to what it expects to be a robust micro-cultivation and micro-processing market. Health Canada recently announced plans to introduce new micro-cultivation and micro-processing licenses. A micro-cultivation license would be issued to an authorized plant canopy area of less than 200 square meters (2,153 square feet), and a micro-processing license allowed for those processing less than 600 kilograms, or 1,323 pounds, of dried cannabis a year. The legalization of recreational marijuana in Canada also includes individual cultivation for up to four plants. Puration plans to serve the micro-cultivation, micro-processing and home-growers marketplace with products and services necessary for production. By establishing a recognized brand name in cannabis cultivation from its in-house production, Puration expects to leverage its brand name to tap into the more profitable micro-cultivation, micro-processing and home-growers marketplace. To help illustrate the opportunity, consider the micro-brewery and home brewing marketplace in the United States alone. Retail dollar sales for craft micro-brewed beer in the U.S. is approximately $26.0 billion, accounting for more than 23% of the overall $111.4 billion U.S. beer market.
https://finance.yahoo.com/news/puration-presents-cannabis-cultivation-strategy-150000832.html
“Puration had initiated a project to expand its extraction process upstream into cannabis cultivation. Having the best extracts depends not only on the extraction process itself, but also on the quality of the cannabis being extracted. Puration has cultivation operations in the United States and Canada.”
https://www.purationinc.com/extraction
Cannabis Cultivation Business - Nouveau Life Pharmaceuticals,Inc.
"To streamline and concentrate all its resources on the production of cannabis infused beverages, Puration has recently spun-off its cannabis cultivation operation. The spinoff was affected through the execution of a securities exchange agreement with Nouveau Life Pharmaceuticals, Inc., (NOUV) (“NOUV”). Now that the securities exchange agreement between NOUV and Puration is finalized, NOUV is working to rapidly come current with its financial reports. The first steps leading to the stock dividend distribution are underway, and the combined management teams are committed."
https://www.purationinc.com/cannabisbeveragebusinessplan/
"The company acquired First Choice Nursery last year to establish a 25-greenhouse operation in the first step of a plan to grow the operation to 400 greenhouses. First Choice Nursery began booking its first sales in the first quarter of this year.
First Choice Nursery which has an existing twenty-five greenhouse facility in Texas. The company has the opportunity to expand to an additional 400 irrigated greenhouse pads ready for buildout. Renovations have already begun. Puration has a U.S. Patented Cannabis Extraction process licensed from NCM Biotech. The license of the process to Puration is the first and only license NCM Biotech has executed. R&D with NCM Biotech's patented process has demonstrated a high potential for bringing FDA approved pharmaceutical products to market for the treatment of multiple neurological disorders and cancer.
"I have received doctor feedback from more than one of our research initiatives that extracts coming from NCM Biotech's patented process are superior in purity and quality to any other available cannabis extracts," said Frederick Ferri, CEO and Founder of NCM Biotech. "Some feedback has specifically indicated that a number of our candidate pharmaceutical products under development have a greater efficacy potential than GW Pharmaceutical products and candidate products."
Puration and NCM Biotech plan to expand existing University Research relationships to include a portion of the greenhouse facility being utilized to develop a proprietary strain of CBD. Puration will use proceeds from the balance of the traditional nursery operation to expand the operation into its full 400 greenhouse potential. The operation is located in a region of East Texas well known for nursery operations. Texas has recently legalized medical marijuana and is pending the issuance of its first licenses. Puration intends to transition to marijuana growing overtime in conjunction with the legalization process. In the meantime, Puration anticipates the traditional nursery operations have the potential to expand to as high as $16 million in annual sales. Medical Marijuana sales can be substantially higher."
A major component of having the best cannabis extract is having the best cannabis plants from which to extract cannabinoids. Cannabis cultivation is a natural extension of Puration's long-term development. Being headquartered in Texas, it made sense to take advantage of new medical marijuana laws in Texas. Accordingly, Puration acquired an older conventional nursery operation, First Choice Nursery, and immediately began renovations. Puration is now utilizing the 25-greenhouse facility conventionally and anticipates growing to $1 million in annual sales from conventional nursery operations. First Choice Nursery started booking its first sales since the Puration acquisition in the first quarter of this year. Puration has an option on acquiring another 400 greenhouse pads. Puration is working to secure a medical marijuana cultivation license in Texas with future plans to migrate the conventional nursery operation into a cannabis cultivation operation.
https://finance.yahoo.com/news/puration-cannabis-cultivation-business-takes-131300744.html
Puration's Cannabis Cultivation Foundation
Puration has implemented a long-term cannabis cultivation strategy to navigate the evolving legal environment and ultimately establish a recognized brand name in the cannabis marketplace. Through last year's acquisition of First Choice Nursery, Puration has already set up a 25-greenhouse operation in its home state of Texas where limited medical marijuana legalization has passed. The company is working to establish a university-backed cannabis cultivation research facility within the 25-greenhouse operation. In the meantime, the facility is financed by growing conventional household and landscape plants. It is expected to generate $1 million in revenue this year and self-finance the expansion of the 25-greenhouse operation into as many as 400-greenhouses. Once recreational marijuana is legal either through state or federal law, the Texas facility will be in a leadership position with a robust production facility ready-to-go and a university research backed cultivation process in place.
Canadian Cannabis Farmers Co-Op Business Plan
The acquisition of Canadian Cannabis Farmers Co-Op positions Puration for the estimated $5 billion recreational marijuana market expected to be legalized nationwide in Canada this summer. With the acquisition, Puration now has in-house cultivation experience garnered from the operation of a licensed medical marijuana facility of substantial size. The company plans to apply for a recreational license and anticipates its medical marijuana experience to be of benefit in the recreational license application process. Similar to other Canadian marijuana sector companies such as Canopy Growth Corp. (TWMJF), Aurora Cannabis (ACBFF), Aphria (APHQF), MedReleaf (MEDFF), and OrganiGram Holdings (ORGMF). Puration has plans to build substantial in-house operations. The company has already received interest from investors in backing the construction of facilities for pursuing the Canadian legal marijuana market. However, in addition to building out in-house operations, Puration plans to take its acquired expertise to what it expects to be a robust micro-cultivation and micro-processing market. Health Canada recently announced plans to introduce new micro-cultivation and micro-processing licenses. A micro-cultivation license would be issued to an authorized plant canopy area of less than 200 square meters (2,153 square feet), and a micro-processing license allowed for those processing less than 600 kilograms, or 1,323 pounds, of dried cannabis a year. The legalization of recreational marijuana in Canada also includes individual cultivation for up to four plants. Puration plans to serve the micro-cultivation, micro-processing and home-growers marketplace with products and services necessary for production. By establishing a recognized brand name in cannabis cultivation from its in-house production, Puration expects to leverage its brand name to tap into the more profitable micro-cultivation, micro-processing and home-growers marketplace. To help illustrate the opportunity, consider the micro-brewery and home brewing marketplace in the United States alone. Retail dollar sales for craft micro-brewed beer in the U.S. is approximately $26.0 billion, accounting for more than 23% of the overall $111.4 billion U.S. beer market.
https://finance.yahoo.com/news/puration-presents-cannabis-cultivation-strategy-150000832.html
“Puration had initiated a project to expand its extraction process upstream into cannabis cultivation. Having the best extracts depends not only on the extraction process itself, but also on the quality of the cannabis being extracted. Puration has cultivation operations in the United States and Canada.”
https://www.purationinc.com/extraction
"Now that the securities exchange agreement between NOUV and Puration is finalized, NOUV is working to rapidly come current with its financial reports." - https://www.purationinc.com/cannabisbeveragebusinessplan/
not worried here...it will get there and beyond once NOUV becomes current and the dominoes that follow.
Reverse Merger with Change of Control
"The prospective spinoff transaction is ultimately structured as a reverse merger involving comprehensive terms that include a change of control."
https://finance.yahoo.com/news/puration-announces-loi-spinoff-cannabis-131500268.html
The change in control will replace NOUV's current management with PURA's management team. "Out with the old and In with the new".
NOUV - OTCMarkets Disclosure & News
https://www.otcmarkets.com/stock/NOUV/news
I have been refreshing the website waiting for news, all the tabs are not refreshing as usual...something is coming!
Cannabis Cultivation Business - Puration to convert First Choice Nursery into MMJ operation
"To streamline and concentrate all its resources on the production of cannabis infused beverages, Puration has recently spun-off its cannabis cultivation operation. The spinoff was affected through the execution of a securities exchange agreement with Nouveau Life Pharmaceuticals, Inc., (NOUV) (“NOUV”). Now that the securities exchange agreement between NOUV and Puration is finalized, NOUV is working to rapidly come current with its financial reports. The first steps leading to the stock dividend distribution are underway, and the combined management teams are committed."
https://www.purationinc.com/cannabisbeveragebusinessplan/
"The company acquired First Choice Nursery last year to establish a 25-greenhouse operation in the first step of a plan to grow the operation to 400 greenhouses. First Choice Nursery began booking its first sales in the first quarter of this year.
First Choice Nursery which has an existing twenty-five greenhouse facility in Texas. The company has the opportunity to expand to an additional 400 irrigated greenhouse pads ready for buildout. Renovations have already begun. Puration has a U.S. Patented Cannabis Extraction process licensed from NCM Biotech. The license of the process to Puration is the first and only license NCM Biotech has executed. R&D with NCM Biotech's patented process has demonstrated a high potential for bringing FDA approved pharmaceutical products to market for the treatment of multiple neurological disorders and cancer.
"I have received doctor feedback from more than one of our research initiatives that extracts coming from NCM Biotech's patented process are superior in purity and quality to any other available cannabis extracts," said Frederick Ferri, CEO and Founder of NCM Biotech. "Some feedback has specifically indicated that a number of our candidate pharmaceutical products under development have a greater efficacy potential than GW Pharmaceutical products and candidate products."
Puration and NCM Biotech plan to expand existing University Research relationships to include a portion of the greenhouse facility being utilized to develop a proprietary strain of CBD. Puration will use proceeds from the balance of the traditional nursery operation to expand the operation into its full 400 greenhouse potential. The operation is located in a region of East Texas well known for nursery operations. Texas has recently legalized medical marijuana and is pending the issuance of its first licenses. Puration intends to transition to marijuana growing overtime in conjunction with the legalization process. In the meantime, Puration anticipates the traditional nursery operations have the potential to expand to as high as $16 million in annual sales. Medical Marijuana sales can be substantially higher."
A major component of having the best cannabis extract is having the best cannabis plants from which to extract cannabinoids. Cannabis cultivation is a natural extension of Puration's long-term development. Being headquartered in Texas, it made sense to take advantage of new medical marijuana laws in Texas. Accordingly, Puration acquired an older conventional nursery operation, First Choice Nursery, and immediately began renovations. Puration is now utilizing the 25-greenhouse facility conventionally and anticipates growing to $1 million in annual sales from conventional nursery operations. First Choice Nursery started booking its first sales since the Puration acquisition in the first quarter of this year. Puration has an option on acquiring another 400 greenhouse pads. Puration is working to secure a medical marijuana cultivation license in Texas with future plans to migrate the conventional nursery operation into a cannabis cultivation operation.
https://finance.yahoo.com/news/puration-cannabis-cultivation-business-takes-131300744.html
Puration's Cannabis Cultivation Foundation
Puration has implemented a long-term cannabis cultivation strategy to navigate the evolving legal environment and ultimately establish a recognized brand name in the cannabis marketplace. Through last year's acquisition of First Choice Nursery, Puration has already set up a 25-greenhouse operation in its home state of Texas where limited medical marijuana legalization has passed. The company is working to establish a university-backed cannabis cultivation research facility within the 25-greenhouse operation. In the meantime, the facility is financed by growing conventional household and landscape plants. It is expected to generate $1 million in revenue this year and self-finance the expansion of the 25-greenhouse operation into as many as 400-greenhouses. Once recreational marijuana is legal either through state or federal law, the Texas facility will be in a leadership position with a robust production facility ready-to-go and a university research backed cultivation process in place.
Canadian Cannabis Farmers Co-Op Business Plan
The acquisition of Canadian Cannabis Farmers Co-Op positions Puration for the estimated $5 billion recreational marijuana market expected to be legalized nationwide in Canada this summer. With the acquisition, Puration now has in-house cultivation experience garnered from the operation of a licensed medical marijuana facility of substantial size. The company plans to apply for a recreational license and anticipates its medical marijuana experience to be of benefit in the recreational license application process. Similar to other Canadian marijuana sector companies such as Canopy Growth Corp. (TWMJF), Aurora Cannabis (ACBFF), Aphria (APHQF), MedReleaf (MEDFF), and OrganiGram Holdings (ORGMF). Puration has plans to build substantial in-house operations. The company has already received interest from investors in backing the construction of facilities for pursuing the Canadian legal marijuana market. However, in addition to building out in-house operations, Puration plans to take its acquired expertise to what it expects to be a robust micro-cultivation and micro-processing market. Health Canada recently announced plans to introduce new micro-cultivation and micro-processing licenses. A micro-cultivation license would be issued to an authorized plant canopy area of less than 200 square meters (2,153 square feet), and a micro-processing license allowed for those processing less than 600 kilograms, or 1,323 pounds, of dried cannabis a year. The legalization of recreational marijuana in Canada also includes individual cultivation for up to four plants. Puration plans to serve the micro-cultivation, micro-processing and home-growers marketplace with products and services necessary for production. By establishing a recognized brand name in cannabis cultivation from its in-house production, Puration expects to leverage its brand name to tap into the more profitable micro-cultivation, micro-processing and home-growers marketplace. To help illustrate the opportunity, consider the micro-brewery and home brewing marketplace in the United States alone. Retail dollar sales for craft micro-brewed beer in the U.S. is approximately $26.0 billion, accounting for more than 23% of the overall $111.4 billion U.S. beer market.
https://finance.yahoo.com/news/puration-presents-cannabis-cultivation-strategy-150000832.html
“Puration had initiated a project to expand its extraction process upstream into cannabis cultivation. Having the best extracts depends not only on the extraction process itself, but also on the quality of the cannabis being extracted. Puration has cultivation operations in the United States and Canada.”
https://www.purationinc.com/extraction
NOUV Upcoming Events:
1. Securing an Attorney (most likely Law Offices of Lawrence W. Bailey) to update OTCMarkets and its' filings to bring NOUV to Pink Current Status.
2. Update NVSOS.
3. Company Name Change and Ticker Symbol Change.
4. Restructuring and Recapitalization.
5. Website updates.
6. Shareholder News/PR.
"The target public holding company in this transaction is considered a vehicle for affecting a spinoff of PURA's cannabis cultivation business. The current operations in the target public holding company are not considered strategic to the cannabis cultivation spinoff. The current assets of the target public company are expected to be divested at some point in the future and the minimal liabilities of the target public company are intended to be eliminated in the planned recapitalization. The target public company, Nouveau Life Pharmaceuticals, Inc., (NOUV) ("NOUV") will be renamed after the execution of the prospective spinoff transaction.
The prospective spinoff transaction is ultimately structured as a reverse merger involving comprehensive terms that include a change of control. Once all terms of the comprehensive transaction have been completed, the current majority shareholder of PURA, is slated to also become the majority shareholder of target public company which will then be an independently traded cannabis cultivation company. All parties intend to promptly initiate 1.) the recapitalization of the target public company, and 2.) the corresponding conversion of the $1.2 million note into common stock of the target public company, as well as 3.) the dividend distribution of the converted stock to the shareholders of PURA, following the sale of the cannabis cultivation business to the target public company. Look for an announcement indicating the sale has closed after September 30, 2018"
https://finance.yahoo.com/news/puration-announces-loi-spinoff-cannabis-131500268.html
NOUV is positioned very well right now...
"Puration's EVERx CBD Sports Water shown by LA Libations, the key innovation partner of The Coca-Cola Company. Coca-Cola owns a minority stake in LA Libations...CEO, Shibley also noted discussions Puration has recently engaged with an affiliate of Coca-Cola, LA Libations, along with a leading distributor in the sports nutrition market, Europa."
https://finance.yahoo.com/news/puration-inc-reveals-recent-interest-120000304.html
"Now that the securities exchange agreement between NOUV and Puration is finalized, NOUV is working to rapidly come current with its financial reports...the combined management teams are committed"
https://finance.yahoo.com/news/puration-inc-garners-interest-330-120000948.html
"NOUV is working to rapidly come current with its financial reports. Once NOUV is current, the company will initiate a recapitalization...The first steps leading to the stock dividend distribution are underway, and the combined management teams are committed...Look for a presentation coming soon from NOUV on its business plans for the cannabis cultivation business."
https://finance.yahoo.com/news/puration-inc-garners-interest-330-120000948.html