PURA Announces Cannabis Extract Subsidiary To Bolster Strategy With USMJ and GRCO
21 Dezember 2017 - 4:35PM
InvestorsHub NewsWire
Dallas, TX --
December 21, 2017 -- InvestorsHub NewsWire -- Puration,
Inc. (USOTC:
PURA) today announced the company is establishing a subsidiary
operation dedicated to cannabis extraction. The announcement
today is in conjunction with recent news on a letter of intent with
Greenbelt Resources Corporation (USOTC:
GRCO) (Greenbelt) to jointly develop and operate a cannabis
extraction facility in California, and recent developments with
North American Cannabis Holdings, Inc. (USOTC:
USMJ) to become an exclusive extractor for North American
Cannabis operations in Canada. Puration is the sole license
to U.S. Patent No. 9,199,960, entitled "METHOD AND APPARATUS FOR
PROCESSING HERBACEOUS PLANT MATERIALS INCLUDING THE CANNABIS
PLANT.” The license permits Puration to produce cannabis
extracts for infusion into recreational, fitness wellness,
alternative medicine and beauty products. Puration also
produces EVERx CBD Infuses Sports Nutritional
Supplements.
“Forming the extract subsidiary is a first step at unlocking
shareholder value by specifically delineating between our cannabis
infused products business and the extraction business,” said Brian
Shibley, CEO of PURA. “look for more news on next steps coming
soon.”
For more information visit www.aciconglomerated.com.
Disclaimer/Safe Harbor:
This news release contains forward-looking statements within
the meaning of the Securities Litigation Reform Act. The statements
reflect the Company's current views with respect to future events
that involve risks and uncertainties. Among others, these risks
include the expectation that any of the companies mentioned herein
will achieve significant sales, the failure to meet schedule or
performance requirements of the companies' contracts, the
companies' liquidity position, the companies' ability to obtain new
contracts, the emergence of competitors with greater financial
resources and the impact of competitive pricing. In the light of
these uncertainties, the forward-looking events referred to in this
release might not occur. These statements have not been evaluated
by the Food and Drug Administration. These products are not
intended to diagnose, treat, cure, or prevent any disease.
For More Information Contact:
Brian Shibley,
info@aciconglomerated.com
1-800-861-1350
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