Tuesday, January 23, 2018 9:39:20 AM
Dallas, TX -- October 4, 2016 -- InvestorsHub NewsWire -- Puration, Inc. (PURA) and Alkame Holdings Inc. (ALKM) today announced entering into a collaboration that includes packing and distribution agreements, to develop and market CBD infused beverages, in addition to increasing distribution of existing Alkame products. The agreement is a further example of Puration’s advancing cannabis extraction business plan further bolstering Puration’s $3 million forecast.
Alkame Holdings Inc. is a consumer goods company specializing in brand development of health conscious beverage products, utilizing its patented water treatment technologies. The Company currently markets Alkame Water, a line of micro-clustered alkaline waters specifically designed for the health and wellness market segment. The agreement with Puration has been executed with Alkame’s wholly owned subsidiary, Xtreme Technologies, Inc., a manufacturer and product development services company with a core focus on Hemp and CBD infused products.
Puration utilizes a highly refined cannabis extraction process to deliver consistent and high-quality cannabis extracts. The Company is developing collaboration and cross-marketing agreements with food and beverage companies infused with Puration’s cannabis extracts.
Together the two companies plan to collaborate on the development and manufacturing of Puration’s line up of CBD infused beverage products for the health conscious consumer market.
Through Puration’s strategic partner, North American Cannabis Holdings, Inc. (USMJ) Puration has established a strategic distribution agreement to make Puration extract infused products available at retail outlets. Alkame Holdings and Puration’s comprehensive agreement is structured to enhance sales of Alkame’s existing product line through Puration’s strategic distribution channel.
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