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Posted On: 12/13/2018 1:06:35 PM
Post# of 36570
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Kali-Extracts and Puration Announce First Shipment Of Hemp-Derived CBD Infused Private Label Water For Pharmaceutical Client
GlobeNewswire•December 13, 2018
DALLAS, Dec. 13, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Kali-Extracts, Inc. (Kali, Inc. dba/Kali-Extracts, Inc.) (USOTC: KALY) (“KALY”) and Puration, Inc. (USOTC: PURA) (“PURA”) today announced shipping the first private labeled, hemp-derived CBD infused, high alkaline water to Generex Biotechnology Corporation (OTCQB: GNBT) in conjunction with a previously announced agreement to produce $1 million of CBD infused water for Generex. PURA is producing the CBD infused water for Generex and PURA has in turn engaged KALY in a $300,000 contract to produce the CBD extract specific to the requirements of Generex.
Kali-Extracts recently acquired a patented cannabis extraction process that comes with a substantial volume of associated clinical research. Since the acquisition of the patented cannabis extraction process, Kali-Extracts and Puration, with two other partners, have together formed a joint venture company (JV) titled US Cannabis Health. The purpose of the JV is to pursue partnerships with pharmaceutical companies to produce cannabis extract pharmaceutical applications.
For more information visit:
www.kali-extracts.com
and
www.purationinc.com
Kali-Extracts and Puration Announce First Shipment Of Hemp-Derived CBD Infused Private Label Water For Pharmaceutical Client
GlobeNewswire•December 13, 2018
DALLAS, Dec. 13, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Kali-Extracts, Inc. (Kali, Inc. dba/Kali-Extracts, Inc.) (USOTC: KALY) (“KALY”) and Puration, Inc. (USOTC: PURA) (“PURA”) today announced shipping the first private labeled, hemp-derived CBD infused, high alkaline water to Generex Biotechnology Corporation (OTCQB: GNBT) in conjunction with a previously announced agreement to produce $1 million of CBD infused water for Generex. PURA is producing the CBD infused water for Generex and PURA has in turn engaged KALY in a $300,000 contract to produce the CBD extract specific to the requirements of Generex.
Kali-Extracts recently acquired a patented cannabis extraction process that comes with a substantial volume of associated clinical research. Since the acquisition of the patented cannabis extraction process, Kali-Extracts and Puration, with two other partners, have together formed a joint venture company (JV) titled US Cannabis Health. The purpose of the JV is to pursue partnerships with pharmaceutical companies to produce cannabis extract pharmaceutical applications.
For more information visit:
www.kali-extracts.com
and
www.purationinc.com
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