Dallas, Texas, Feb. 15, 2022 (GLOBE NEWSWIRE) — Puration, Inc. (OTC Pink: PURA) today compared the mineral mining market to the industrial hemp market in regard to the U.S. 2050 net zero carbon emissions objective.
An
article published yesterday
covering the impact on mineral mining from the net zero objective, highlighted the increased demand for metals required for electricity storage and transmission. The increased demand from sustainability requirements is not yet estimated into the potential stock valuations of mining enterprises.
Similarly, PURA management contends, the sustainability contributions of industrial hemp are not yet estimated into the growth potential of industrial hemp and the corresponding valuation of industrial hemp enterprises.
Last year, PURA retooled its years of experience with hemp to take on a much larger opportunity in 2022. PURA has launched an initiative to expand the utilization of hemp worldwide under the brand name Farmersville Hemp. PURA is building a co-op of hemp growers and processors to raise market awareness around the multitude of yet to be realized uses of hemp and build a brand name to benefit all co-op participants under the name Farmersville Hemp.
PURA management believes the recently announced
Hemp Advancement Act of 2022
, could substantially contribute to PURA’s Farmersville Hemp Strategy.
The Act is intended to advance the industrial hemp momentum initiated under the 2018 Farm Bill.
PURA management is also eager to see the upcoming
USDA National Hemp Report
anticipated later this week on February 17
th
. PURA expects the report to have important information to be utilized in the ongoing development of PURA’s Farmersville Hemp strategy.
PURA recently published a 2022 strategic overview
detailing the company’s plan to grow revenue and increase shareholder value by driving market wide demand for the “multitude of yet to be realized uses of hemp.”
PURA anticipates generating $1 million in revenue in 2022 with the potential to reach $10 million in revenue this year. The $10 million revenue opportunity is enhanced by the progress of PURA’s co-op partners.
PURA co-op partners include Alkame Holdings, Inc. (OTC Pink: ALKM), PAO Group, Inc. (OTC Pink: PAOG), North American Cannabis Holdings, Inc. (OTC Pink: USMJ), and UC Asset LP (OTCQX: UCASU).
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,
[email protected]
(800) 861-1350
