PURA Set To Rocket On Wednesday After Election
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Posted On: 11/07/2016 10:24:52 AM
PURA Set To Rocket On Wednesday After Election
I think this is a big week ... I think California passes recreational marijuana and rockets PURA ... Check out the News last week on a California office ... I bet we see news on the PURA office right after California passes recreational marijuana that makes PURA go above $0.10 or maybe even higher.
Puration Plans California Office in Anticipation of $6.5 Billion Legal Cannabis Market If George Soros Has His Way On November Ballot
DALLAS, TX / ACCESSWIRE / November 1, 2016 / Puration, Inc. (PURA) today announced plans to open a business development office in California in anticipation of California's Proposition 64 referendum passing and making the State arguably the largest legal marijuana market in the world.
Puration has recently introduced a CBD infused water and signed a contract to infuse THC extract into beverages to be sold in Colorado. Puration's office in California would be responsible for signing similar contracts to infuse Puration's cannabis extract into food and beverage products for the State's 38 million population. California is the most populated state in the United States. Management indicates a California office has been in the works for some time now with a plan to have an office opened by election day.
California's Fair Political Practices Commission reports that more than $20 million has been contributed to the campaign to see Proposition 64 pass.
FORTUNE On George Soros and Other Notable Supporters of Proposition 64 and What Legal Recreational Marijuana Could Look Like For the Sate
The liberal billionaire investor is reportedly behind the non-profit group called the Fund for Policy Reform, which has contributed nearly $4 million in support of Prop 64. Soros is a board member at the Drug Policy Alliance, according to the group's website.
California's Department of Finance has estimated that the state could bring in as much as $1 billion in tax revenues every year from legal cannabis sales if Prop 64 passes. The state's legal marijuana market, an estimated $2.7 billion from medical pot, could reach $6.5 billion by 2020 with the addition of recreational sales, according to ArcView Group's estimate.
Recent polls show that roughly 60% of California's voters support the ballot measure.
Read FORTUNE's article about Proposition 64 and the 8 largest contributors for and against the proposition.
To learn more about Puration: www.purationinc.com
Follow Puration on Twitter: https://twitter.com/Puration710
Visit Puration on Facebook: https://www.facebook.com/puration/
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
Full Release on YAHOO
https://finance.yahoo.com/news/puration-plans...00152.html
I think this is a big week ... I think California passes recreational marijuana and rockets PURA ... Check out the News last week on a California office ... I bet we see news on the PURA office right after California passes recreational marijuana that makes PURA go above $0.10 or maybe even higher.
Puration Plans California Office in Anticipation of $6.5 Billion Legal Cannabis Market If George Soros Has His Way On November Ballot
DALLAS, TX / ACCESSWIRE / November 1, 2016 / Puration, Inc. (PURA) today announced plans to open a business development office in California in anticipation of California's Proposition 64 referendum passing and making the State arguably the largest legal marijuana market in the world.
Puration has recently introduced a CBD infused water and signed a contract to infuse THC extract into beverages to be sold in Colorado. Puration's office in California would be responsible for signing similar contracts to infuse Puration's cannabis extract into food and beverage products for the State's 38 million population. California is the most populated state in the United States. Management indicates a California office has been in the works for some time now with a plan to have an office opened by election day.
California's Fair Political Practices Commission reports that more than $20 million has been contributed to the campaign to see Proposition 64 pass.
FORTUNE On George Soros and Other Notable Supporters of Proposition 64 and What Legal Recreational Marijuana Could Look Like For the Sate
The liberal billionaire investor is reportedly behind the non-profit group called the Fund for Policy Reform, which has contributed nearly $4 million in support of Prop 64. Soros is a board member at the Drug Policy Alliance, according to the group's website.
California's Department of Finance has estimated that the state could bring in as much as $1 billion in tax revenues every year from legal cannabis sales if Prop 64 passes. The state's legal marijuana market, an estimated $2.7 billion from medical pot, could reach $6.5 billion by 2020 with the addition of recreational sales, according to ArcView Group's estimate.
Recent polls show that roughly 60% of California's voters support the ballot measure.
Read FORTUNE's article about Proposition 64 and the 8 largest contributors for and against the proposition.
To learn more about Puration: www.purationinc.com
Follow Puration on Twitter: https://twitter.com/Puration710
Visit Puration on Facebook: https://www.facebook.com/puration/
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
Full Release on YAHOO
https://finance.yahoo.com/news/puration-plans...00152.html
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