Puration Inc (PURA)

[Imperial Whazoo]

My guess is that, with Oct 17 looming in Canada, and companies like Molson/Coors (TAP), Heinekin (HEINY), Constellation Brands (STZ), Coca-Cola (KO), and Diageo (DEO) are going to be buyers of companies to expedite entry at an accelerated space into the cannabis-infused drink market. This is a very short leadup timeline so the drink capacity in place that PURA has is an attractive asset. This spin off of non-drink assets might be designed to allow PURA to do a deal with somebody and to NOT have to be encumbered by a set of assets that the acquiring company does not like or want. So, they can be a dirt and marijuana company via this Nouveau thingy and do a money raiser/JV/outright sale with another company who has money and distribution and so forth already in place.

Just thinking out loud.

Imperial Whazoo

Another restatement of this idea: there is going to be a lot of partnering with big pharma and big beverage and cigarette/greenhouse