Dallas, TX – July 12, 2016 – Puration, Inc. (PURA) Announces a preliminary revenue forecast of $3 Million. Over the previous 12 months, Puration has been developing and testing commercial applications of a patented cannabis extraction process. The CEO, Brian Shibley, recently published an online presentation outlining the Company’s strategy to bring a variety of cannabis extracts to market. The Company currently projects its cannabis extract business plan to generate $3 million in revenue over the next 12 months.
“The patented extraction process utilized by PURA gives us the ability to produce a consistent and high quality [extract] for the legal recreational and medical marijuana markets. We believe consistent quality is the key. Starbucks has grown into a multibillion dollar multinational corporation providing a consistent, high quality product. In Beijing, Dallas or New York, a quad, non-fat, one raw sugar latte is a quad, non-fat, one raw sugar latte no matter where you order it. We’re aiming to provide Starbucks-like consistency with our PURA-DAB.”
The forecasted revenue is anticipated from multiple collaboration agreements now in the works with a variety of food and beverage companies that will infuse Puration’s extracts into their products.
Learn more about Puration at www.purationinc.com
Follow Puration on Twitter at https://twitter.com/Puration710
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. These forward looking statements relate to, among other things, current expectation of the business environment in which the company operates, potential future performance, projections of future performance and the perceived opportunities in the market. The company's actual performance, results and achievements may differ materially from the expressed or implied in such forward-looking statements as a result of a wide range of factors.