Puration Inc (OTCMKTS:PURA) is anticipating increased sales for CBD Infused Beverages following the legalization of cultivation of Hemp. The US Congress has passed the farm bill that includes Hemp worth US$867 billion, which is expected to become a law under President Trump.
The company is experienced in the cultivation and production of hemp derived CBD infused beverages. Puration Inc has posted robust year on year growth of 400%.
Puration Inc Establishes EVERx CBD Sports Water Brand
Puration Inc has obtained an exclusive license for cannabis extraction process in the US. The company is also successful in establishing the brand name of EVERx CBD Sports Water in the CBD Infused beverage sector. The company is consistently signing regional distribution accords and the same trend is expected to continue in the future.
Chief Executive Officer of Puration Inc., Brian Shibley commenting on the development said Puration has over 2 years of experience in production, marketing, and delivery of CBD beverages. It is an advantage as some of the players are initiating plans to produce CBD beverages while others are talking about CBD beverages.
Puration Inc is well poised to benefit from brand recognition and experience in the production and marketing of CBD infused products. The company is expected to generate sales worth US$1 million from next year. It is also making a private label accord worth US$1 million. Following the signing of Farm Bill into a law under the president, Pura is expected to see a huge surge in sales of CBD infused beverages.
Puration Inc Announces Shipment of CBD Infused Private Label Water to Generex Biotechnology Corporation (OTCMKTS:GNBT)
Puration Inc and Kali-Extracts Inc., have announced the first shipment of hemp derived high alkaline and CBD Infused Water to a pharmaceutical client – Generex Biotechnology Corporation (OTCMKTS:GNBT). It is part of the previously made accord to produce and supply CBD infused water worth US$1 million to Generex.
Puration Inc has awarded $300,000 contract to Kali-Extracts for the production of CBD Extracts that meet the specifications of Generex. Kali-Extracts is banking on recently acquiring cannabis extraction process. Puration Inc., Kali-Extracts and other two partners have formed a JV called US Cannabis Health. The new JV will engage in cannabis extraction for pharmaceutical clients.