Nouveau Life Pharmaceuticals Inc (NOUV)

[Wolverine19]

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