Dallas, Texas, Feb. 11, 2022 (GLOBE NEWSWIRE) — Puration, Inc. (OTC Pink: PURA) today released an update to its preliminary Farmersville Hemp logo first published yesterday looking for shareholder feedback. PURA management wants to thank everyone that sent in suggestions. Management says the logo is still a work in progress and asks for the feedback to keep coming. Send your comments and recommendations here.
PURA recently published its industrial hemp 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.
The industrial hemp industry, to include the portion of CBD exclusively from hemp, is anticipated to grow to $18 billion by 2026.
PURA management thinks this is a substantial underestimate because the industry has yet to recognize the multitude of ways hemp can be utilized.
The Sustainability Market is expected to expand from $9 billion reported in 2021 to over $41 billion by 2028.
PURA management believes the impact hemp can have on sustainability is not fully baked into the industrial hemp forecasts.
PURA anticipates generating $1 million in revenue in 2022 with the potential to reach $10 million in revenue this year.
See the company’s 2022 Industrial Hemp Strategic Plan to learn more.
The strategic plan includes details on PURA’s partnerships with North American Cannabis Holdings, Inc. (OTC Pink: USMJ), PAO Group, Inc. (OTC Pink: PAOG) and Alkame Holdings, Inc. (OTC Pink: ALKM)
For more information on Puration, visit http://www.purationinc.com
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