Old news but says a lot.
PURA Announces Home-Grown Hemp For EVERx In Deal With KALY and NOUV
Dallas, TX – January 24, 2019 -- InvestorsHub NewsWire -- Puration, Inc. (USOTC: PURA) (“PURA”) today announced a home-grown source of hemp for its CBD extractions to go into its EVERx CBD Sports Water. PURA has partnered with Nouveau, Inc. (USOTC: NOUV) and Kali-Extracts (USOTC: KALY) to source CBD from NOUV’s hemp cultivation operation and KALY’s proprietary extraction process. “I had my cowboy boots on the ground yesterday, walking the 100 acers of already irrigated land where NOUV will soon plant hemp now that hemp farming has been legalized in the United States under the 2018 Farm Act,” said Brian Shibley, CEO of PURA. “NOUV already has staff and operations in place with an extensive 25 greenhouse traditional nursery operation generating revenue and paving the way forward future cannabis cultivation.” KALY and NOUV have already entered into a partnership to grow and extract on the 100 acers and now PURA will get first dibs on the CBD extract. “In addition to our deal with NOUV and KALY, we are also talking with our EVERx co-packer, Alkame Holdings, about an additional hemp cultivation operation near Alkame’s bottling facilities to include another KALY extraction facility actually within Alkame’s plant.” Alkame Holdings, Inc. (USOTC: ALKM) is a longtime co-packer partner of PURA for PURA’s EVERx and Telluride Happy Water beverages.
PURA recently announced doubling its EVERx CBD Sports Water Production schedule in reaction to December and January retail sales. After delivering on a record number of wholesale orders in December, PURA is already receiving re-orders in mid-January. One distributor reported selling out of its inventory and doubling the size of its next order. Brian Shibley, CEO of Puration remarked, “The company has set a goal of $5 million in annual sales for 2019 and these first retail sales reports redouble confidence in our sales goals.”
