PURA Reveals Crypto Carbon Credit Vision For Hemp Growers Targeting $10 Billion Market Opportunity
24 März 2022 - 2:28PM
InvestorsHub NewsWire
Dallas, TX -- March 24, 2022 --
InvestorsHub NewsWire -- Puration, Inc. (USOTC:
PURA) today revealed its vision for connecting the carbon
sequestering benefit of hemp cultivation to income opportunities
for hemp growers monetized through
cryptocurrency.
“Hemp is a
carbon sequestering heavyweight, one of the most carbon-gobbling
crops in agriculture. On average, an acre of hemp sequesters about
11,000 pounds, or 5 metric tons of CO2 throughout photosynthesis
during its growth cycle, according
to New
Frontier Data.” (Let’s Talk
Hemp)
Work is already under way to create a
recognized CO2 measurement standard for hemp cultivation – learn
more.
At least one cryptocurrency backed by carbon credits has also
already been created.
PURA believes connecting a CO2
standardized measurement for the carbon sequestered by hemp with a
cryptocurrency that represents the carbon credit value of the
sequestered carbon can create meaningful income for hemp growers
that adds to the income generated from selling hemp fiber and
extracts.
“It was not long ago that Tesla [TSLA]
added carbon credit sales to its auto sales to generate its first
profit,” commented Brian Shibley, CEO of PURA. “Certainly, hemp
farmers should be eligible to take advantage of this same
opportunity.”
PURA has
implemented a strategy to disrupt major global markets with the
introduction of hemp-based alternatives that contribute to carbon
neutral objectives.
Under its new
Farmersville Hemp Brand, PURA is working to introduce hemp as a
multi-industry disruptor that can be a base of a better product or
service contributing notably to the 2050 sustainability objectives.
PURA recently announced a strategy targeted at disrupting
the $600 billion global lumber
market and the $200 billion steel rebar
market.
PURA has
initiated construction on a facility in Farmersville, Texas where
the company will conduct consultative education customized for each
corporate customer to hands on demonstrate how hemp can be utilized
to improve the efficiency of existing products and services and
meet 2050 sustainability
targets.
Read the
company’s latest comprehensive update on PURA’s Farmersville
Hemp Brand
rollout.
For more
information on Puration, visit http://www.purationinc.com
Disclaimer:
This News
Release contains forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995. These
forward-looking statements involve known and unknown risks,
uncertainties and other important factors that could cause our
actual results, performance or achievements, or industry results,
to differ materially from any these statements. You are cautioned
not to place undue reliance on any those forward-looking
statements. Except as otherwise required by the federal securities
laws, we undertake no obligation to publicly update or revise any
forward-looking statements after the date of this news release.
None of such forward-looking statements should be regarded as a
representation by us or any other person that the objectives and
plans set forth in this News Release will be achieved or be
executed.
For More Information
Contact:
Puration,
Inc.
Brian Shibley,
info@aciconglomerated.com
(800) 861-1350
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