PURA and MLCG Celebrate 420 With Spanish Peaks ScrumpDelicacies Major Milestone Announcement
20 April 2017 - 2:53PM
InvestorsHub NewsWire
Dallas, TX - April 20,
2017 – Puration, Inc. (USOTC: PURA) and ML Capital
Group, Inc. (USOTC: MLCG) today announced reaching
a major milestone in their partnership through Spanish Peaks
ScrumpDelicacies to introduce a cannabis tourism offering in
Colorado’s $19 billion tourism industry. PURA and MLCG struck
an agreement in February where both companies are to contribute to
an equity purchase of Spanish Peaks ScrumpDelicacies. The funds
from the equity purchase are to go to the construction of a Spanish
Peaks cannabis beverage production facility. PURA will
provide cannabis extract through their patented extraction process
for the Spanish Peaks beverages and MLCG will conduct Napa Valley
like cannabis tours in Colorado that feature a state of the art
Spanish Peaks facility. Both PURA and MLCG plan to distribute
a portion of the stock acquired from Spanish Peaks to their
respective shareholders through dividend distributions. The
major milestone announced today in conjunction with the national
420 celebration is that Spanish Peaks is merging with a publicly
traded company and the dividend distributions of Spanish Peaks
stock to PURA and MLCG shareholders will be a publicly traded
Spanish Peaks stock. Both the equity purchase of Spanish
Peaks by PURA and MLCG, and the public company merger of Spanish
Peaks are anticipated to be complete by the end of May.
Learn More About Puration:
purtioninc.com
Learn More About ML
Capital:
buymlcg.com
Safe Harbor: This release includes forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933 and
Section 27E of the Securities Act of 1934. Statements contained in
this release that are not historical facts may be deemed to be
forward-looking statements. Investors are cautioned that
forward-looking statements are inherently uncertain. Actual
performance and results may differ materially from that projected
or suggested herein due to certain risks and uncertainties
including, without limitation, ability to obtain financing and
regulatory and shareholder approval for anticipated actions.
ML Capital:
info@mlcginc.com
+1-786-313-3206
Puration Contact:
Brian Shibley, CEO
info@purationinc.com
+1-214-937-9097
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