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Wednesday, January 03, 2018 10:30:37 AM
Puration recently announced plans to launch new cannabis infused beverage lines into Canada's legal $8 billion market in addition to announcing plans to open a cannabis extraction facility into California's legal $10 billion market. Puration's extraction capacity is being structured into a new subsidiary in a first step to unlock shareholder value by delineating between the company's patented extraction business and cannabis infused beverage business. The Company plans to release this Thursday, January 4th, more details on the strategy to build an extraction subsidiary and issue stock in the subsidiary to shareholders of Puration.
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