Nouveau Life Pharmaceuticals Inc (NOUV)

[BottomTurn]

Through the acquisition last year of First Choice Nursery, Puration has already setup a 25-greenhouse operation in its home state of Texas where limited medical marijuana legalization has passed.  The company is working to establish a university backed cannabis cultivation research facility within the 25-greenhouse operation.  In the meantime, the facility is financed through being utilized for conventionally growing household and landscape plants.  It is expected to generate $1 million in revenue this year and self-finance the expansion of the 25-greenhouse operation into as many as 400-greenhouses.  Once, recreational marijuana is legal either through state or federal law, the Texas facility will be in a leadership position with a robust production facility ready-to-go and a university research backed cultivation process in place.