PURA News 01/17/2017 - 0.0395
Post# of 273249
Last updated 01/17/2017 - 0.0395
Puration Previews EVERx CBD Infused Water Product Launch Plans Set For Major Industry Trade Show In March 2017
Jan 12, 2017
OTC Disclosure & News Service
Dallas, TX -
Dallas, TX â January 12, 2017 â Puration, Inc. (USOTC: PURA) today announced plans for the official launch its EVERx Cannabinoil (CBD) Infused Water at a major industry trade show in March 2017. Working with Alkame Holdingsâ (USOTC: ALKM) wholly owned subsidiary Xtreme Technologies, PURA has developed the EVERx CBD Infused Sports Drink with 10 mg of CBD in a 16.9 oz bottle. PURA will release the trade show details in early February. The trade show launch will be combined with the announcement of a notable sports figure spokesman for the EVERx brand. Based on an existing EVERx pre-order and the first distribution agreement, PURA anticipates $1 million in EVERx sales in 2017. PURA has published a comprehensive $3 million first year revenue plan for its overall product line.
To see the EVERx CBD Infused Water product label and packaging, and to learn more about EVERx CBD Infused Water product, follow the link below:
EVERx CBD INFUSED SPORTS DRINK
PURA Proprietary CBD Extract and ALKM Water Technology
PURAâs proprietary CBD extract process is combined with ALKMâs patented technology that alters the structure of water, producing a combination of characteristics that are unprecedented in the beverage industry. The ALKM technology breaks down the hydrogen bonds, reducing water's cluster size, providing a more efficient delivery system for the CBD. Separate from the infused CBD, the ALKM technology includes an optimal alkaline pH level formulated with antioxidants and electrolytes for effective hydration.
EVERx CBD Infused Water Target Market
EVERx will target the growing number of recreational and competitive athletes citing CBD for its benefits in substantially reducing recovery times and increasing cardio output as well as accelerating the healing process from injury and preventing against future injury. EVERx will also target the general consumer that is becoming more aware of the antioxidant and neural- protective research backed benefits of CBD. Research has shown CBD to mitigate diabetes risk and reduce cancer cells among demonstrating other specific targeted uses.
CBD for Fitness and Wellness
CBD is an ideal component of a pre and post workout regime. CBD works as an anti-inflammatory and relieves muscle spasms. CBD also works to relieve pain. CBD protects the heart, lungs and brain. Often essential when it comes to high intensity and competitive training, CBD reduces nausea, increases appetite and aides sleep. Ongoing research continues in regard to CBD as a treatment for sports related head trauma. CBD is not just a good addition to an athletes training regime; It can be the foundation of a healthy wellness routine for everyone.
CBD Water and the North American Cannabis Holdings (USMJ) EVERx Brand
PURAâs EVERx CBD Infused Water is one of an overall line of planned products under the EVERx brand name. The EVERx brand is owned by PURAâs partner North American Cannabis Holdings, Inc. (USOTC: USMJ). Last year, USMJ introduced the EVERx Sports and Fitness Nutritional Supplement Brand Name. PURA has entered into an agreement with USMJ to develop, market and sell a CBD Infused Water in a campaign designed to complement USMJâs comprehensive EVERx brand.
$279.65 Billion Bottled Water Market
The bottled water market was valued at US $157.27 billion in 2013 and is expected to reach US $279.65 billion by 2020 (Transparency Market Research). Given the magnitude of the bottled water market, management plans to review first quarter performance and potentially increase the first year target at that time.
To learn more about North American Cannabis Holdings: growusmj.com.
Follow the Company on Twitter: US_HEMP
To learn more about Puration: purationinc.com
Follow Puration on Twitter: Puration710
Visit Puration on Facebook: Facebook.com/puration/
To learn more about Alamke Holdings, Inc.: alkameholdingsinc.com
Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companiesâ contracts, the companiesâ liquidity position, the companiesâ ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur. These statements have not been evaluated by the Food and Drug Administration. These products are not intended to diagnose, treat, cure or prevent any disease.
Puration Contact:
Brian Shibley, CEO
info@purationinc.com
+1-214-937-9097
Copyright © 2017 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Puration Previews EVERx CBD Infused Water Product Launch Plans Set for Major Industry Trade Show in March 2017
Jan 12, 2017
OTC Disclosure & News Service
-
Puration Previews EVERx CBD Infused Water Product Launch Plans Set for Major Industry Trade Show in March 2017
PR Newswire
DALLAS, January 12, 2017
DALLAS, January 12, 2017 /PRNewswire/ --
Puration, Inc. (USOTC: PURA) today announced plans for the official launch its EVERx Cannabinoil (CBD) Infused Water at a major industry trade show in March 2017. Working with Alkame Holdings' (USOTC: ALKM) wholly owned subsidiary Xtreme Technologies, PURA has developed the EVERx CBD Infused Sports Drink with 10 mg of CBD in a 16.9 oz bottle. PURA will release the trade show details in early February. The trade show launch will be combined with the announcement of a notable sports figure spokesman for the EVERx brand. Based on an existing EVERx pre-order and the first distribution agreement, PURA anticipates $1 million in EVERx sales in 2017. PURA has published a comprehensive $3 million first year revenue plan for its overall product line.
To see the EVERx CBD Infused Water product label and packaging, and to learn more about EVERx CBD Infused Water product, follow the link below:
EVERx CBD INFUSED SPORTS DRINK
PURA Proprietary CBD Extract and ALKM Water Technology
PURA's proprietary CBD extract process is combined with ALKM's patented technology that alters the structure of water, producing a combination of characteristics that are unprecedented in the beverage industry. The ALKM technology breaks down the hydrogen bonds, reducing water's cluster size, providing a more efficient delivery system for the CBD. Separate from the infused CBD, the ALKM technology includes an optimal alkaline pH level formulated with antioxidants and electrolytes for effective hydration.
EVERx CBD Infused Water Target Market
EVERx will target the growing number of recreational and competitive athletes citing CBD for its benefits in substantially reducing recovery times and increasing cardio output as well as accelerating the healing process from injury and preventing against future injury. EVERx will also target the general consumer that is becoming more aware of the antioxidant and neural- protective research backed benefits of CBD. Research has shown CBD to mitigate diabetes risk and reduce cancer cells among demonstrating other specific targeted uses.
CBD for Fitness and Wellness
CBD is an ideal component of a pre and post workout regime. CBD works as an anti-inflammatory and relieves muscle spasms. CBD also works to relieve pain. CBD protects the heart, lungs and brain. Often essential when it comes to high intensity and competitive training, CBD reduces nausea, increases appetite and aides sleep. Ongoing research continues in regard to CBD as a treatment for sports related head trauma. CBD is not just a good addition to an athletes training regime; It can be the foundation of a healthy wellness routine for everyone.
CBD Water and the North American Cannabis Holdings (USMJ) EVERx Brand
PURA's EVERx CBD Infused Water is one of an overall line of planned products under the EVERx brand name. The EVERx brand is owned by PURA's partner North American Cannabis Holdings, Inc. (USOTC: USMJ). Last year, USMJ introduced the EVERx Sports and Fitness Nutritional Supplement Brand Name. PURA has entered into an agreement with USMJ to develop, market and sell a CBD Infused Water in a campaign designed to complement USMJ's comprehensive EVERx brand.
$279.65 Billion Bottled Water Market
The bottled water market was valued at US $157.27 billion in 2013 and is expected to reach US $279.65 billion by 2020 (Transparency Market Research). Given the magnitude of the bottled water market, management plans to review first quarter performance and potentially increase the first year target at that time.
To learn more about North American Cannabis Holdings: http://www.growusmj.com
Follow the Company on Twitter: US_HEMP
To learn more about Puration: http://www.purationinc.com
Follow Puration on Twitter: Puration710
Visit Puration on Facebook: http://www.Facebook.com/puration/
To learn more about Alamke Holdings, Inc.: http://www.alkameholdingsinc.com
Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur. These statements have not been evaluated by the Food and Drug Administration. These products are not intended to diagnose, treat, cure or prevent any disease.
Puration Contact:
Brian Shibley, CEO
info@purationinc.com
+1-214-937-9097
SOURCE Puration, Inc.
Copyright © 2017 PR Newswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Puration and ML Capital Group Partner To Introduce Global Cannabis Tourism To 1.2 Billion International Travelers Starting With $19 Billion Colorado Tourism Market
Jan 10, 2017
OTC Disclosure & News Service
Lake Forest, CA -
Dallas, TX â January 10, 2017 â Puration, Inc. (PURA) and ML Capital Group (MLCG) have partnered to introduce Cannabis Tourism to the New York Times reported 1.2 billion international travelers worldwide. The Cannabis Tourism Service will initially target what the Denver Post reported as Coloradoâs $19 billion tourism industry. Additional Cannabis Tour destinations are in the works.
Earlier last year, PURA entered into a $1 million collaboration agreement with Colorado based Spanish Peaks ScrumpDelicacies. Last week, MLCG entered into a letter of intent to acquire Spanish Peaks ScrumpDelicacies. PURA and MLCG plan to work together on their combined interests in Spanish Peaks to expand MLCGâs existing Luxury Tour business to include a Global Cannabis Tour Offering. The Cannabis Tours offering will start in Colorado, but additional Cannabis Tour locations, to include destinations outside the United States, are already in the works.
PURA and MLCG have published an online and on demand presentation detailing plans for the Global Cannabis Tour Business:
GLOBAL CANNABIS TOURSIM PRESENTATION
Safe Harbor: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.
Explore Inc. Investor Relations
info@mlcginc.com
786-313-3206
Puration Contact:
Brian Shibley, CEO
info@purationinc.com
+1-214-937-9097
Copyright © 2017 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Puration and ML Capital Group Partner to Introduce Global Cannabis Tourism to 1.2 Billion International Travelers Starting with $19 Billion Colorado Tourism Market
Jan 10, 2017
OTC Disclosure & News Service
-
Puration and ML Capital Group Partner to Introduce Global Cannabis Tourism to 1.2 Billion International Travelers Starting with $19 Billion Colorado Tourism Market
PR Newswire
DALLAS, January 10, 2017
DALLAS, January 10, 2017 /PRNewswire/ --
Puration, Inc. (PURA) and ML Capital Group (MLCG) have partnered to introduce Cannabis Tourism to the New York Times reported 1.2 billion international travelers worldwide. The Cannabis Tourism Service will initially target what the Denver Post reported as Colorado's $19 billion tourism industry. Additional Cannabis Tour destinations are in the works.
Earlier last year, PURA entered into a $1 million collaboration agreement with Colorado based Spanish Peaks ScrumpDelicacies. Last week, MLCG entered into a letter of intent to acquire Spanish Peaks ScrumpDelicacies.PURA and MLCG plan to work together on their combined interests in Spanish Peaks to expand MLCG's existing Luxury Tour business to include a Global Cannabis Tour Offering. The Cannabis Tours offering will start in Colorado, but additional Cannabis Tour locations, to include destinations outside the United States, are already in the works.
PURA and MLCG have published an online and on demand presentation detailing plans for the Global Cannabis Tour Business:
GLOBAL CANNABIS TOURSIM PRESENTATION
Safe Harbor: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.
Explore Inc. Investor Relations
info@mlcginc.com
+1-786-313-3206
Puration Contact:
Brian Shibley, CEO
info@purationinc.com
+1-214-937-9097
SOURCE Puration, Inc. and ML Capital Group
Copyright © 2017 PR Newswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Puration and ML Capital Group Partner With Spanish Peaks To Introduce Luxury Cannabis Tourism Into $19 Billion Colorado Tourism Sector
Jan 05, 2017
OTC Disclosure & News Service
Dallas, TX -
Dallas, TX â January 5, 2017 â Puration, Inc. (PURA) and ML Capital Group (MLCG), in partnership with Spanish Peaks ScrumpDelicacies, today announced plans to work together to introduce a Cannabis Tourism Service Offering into Coloradoâs $19.1 billion tourism industry.
Yesterday, MLCG announced a letter of intent to acquire Spanish Peaks Scrumpdelicacies. MLCG is an experienced luxury travel operator. The Companyâs flagship tour service offering, Platinum Tours of Maui, is well established within the Hawaiian luxury travel market. MLCG will leverage the Spanish Peaks ScrumpDelicacies acquisition to launch a new, specialty tourism sector focused exclusively on cannabis-related travel experiences.
PURA recently published a confirmation and update of its $1 million collaboration agreement with Spanish Peaks ScrumpDelicacies. Earlier this year, PURA and Spanish Peaks entered into a collaboration agreement to produce a line of cannabis Infused beverages.
âConsider the vineyard tours in Napa Valley or Tuscany; Picture the distillery tours in Scotland or the brewery tours in Bavaria,â said Kevin Bobryk, CEO of ML Capital Group. âI think now you might have an idea of the magnitude of the opportunity we plan to build into Coloradoâs $19 billion travel market with the help of Spanish Peaks and Puration.â
The Puration CEO, Brian Shibley added, âI am very focused on generating opportunity where Puration can sell its gold standard cannabis extract. Weâre already working with Spanish Peaks to infuse our cannabis extract into Spanish Peaksâ beverages. Now consider that nearly 25% of Napa Valley wines - almost $1 billion in wine sales - are sold to customers directly at the vineyards. Thatâs selling wine to tourists. Needless to say, Puration is enthusiastic about participating in a partnership with Spanish Peaks and ML Capital Group.â
On Tuesday, January 10, Puration, ML Capital Group and Spanish Peaks will jointly publish an online, on-demand presentation highlighting the strategy to bring luxury cannabis tourism to Colorado.
Safe Harbor: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.
Explore Inc. Investor Relations
info@mlcginc.com
786-313-3206
Puration Contact:
Brian Shibley, CEO
info@purationinc.com
+1-214-937-9097
Copyright © 2017 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Puration and ML Capital Group Partner with Spanish Peaks to Introduce Luxury Cannabis Tourism into $19 Billion Colorado Tourism Sector
Jan 05, 2017
OTC Disclosure & News Service
-
Puration and ML Capital Group Partner with Spanish Peaks to Introduce Luxury Cannabis Tourism into $19 Billion Colorado Tourism Sector
PR Newswire
DALLAS, January 5, 2017
DALLAS, January 5, 2017 /PRNewswire/ --
Puration, Inc. (OTC: PURA) and ML Capital Group (OTC: MLCG), in partnership with Spanish Peaks ScrumpDelicacies, today announced plans to work together to introduce a Cannabis Tourism Service Offering into Colorado's $19.1 billion tourism industry.
Yesterday, MLCG announced a letter of intent to acquire Spanish Peaks Scrumpdelicacies. MLCG is an experienced luxury travel operator. The Company's flagship tour service offering, Platinum Tours of Maui, is well established within the Hawaiian luxury travel market. MLCG will leverage the Spanish Peaks ScrumpDelicacies acquisition to launch a new, specialty tourism sector focused exclusively on cannabis-related travel experiences.
PURA recently published a confirmation and update of its $1 million collaboration agreement with Spanish Peaks ScrumpDelicacies. Earlier this year, PURA and Spanish Peaks entered into a collaboration agreement to produce a line of cannabis Infused beverages.
"Consider the vineyard tours in Napa Valley or Tuscany; Picture the distillery tours in Scotland or the brewery tours in Bavaria," said Kevin Bobryk, CEO of ML Capital Group. "I think now you might have an idea of the magnitude of the opportunity we plan to build into Colorado's $19 billion travel market with the help of Spanish Peaks and Puration."
The Puration CEO, Brian Shibley added, "I am very focused on generating opportunity where Puration can sell its gold standard cannabis extract. We're already working with Spanish Peaks to infuse our cannabis extract into Spanish Peaks' beverages. Now consider that nearly 25% of Napa Valley wines - almost $1 billion in wine sales - are sold to customers directly at the vineyards. That's selling wine to tourists. Needless to say, Puration is enthusiastic about participating in a partnership with Spanish Peaks and ML Capital Group."
On Tuesday, January 10, Puration, ML Capital Group and Spanish Peaks will jointly publish an online, on-demand presentation highlighting the strategy to bring luxury cannabis tourism to Colorado.
Safe Harbor: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.
Explore Inc. Investor Relations
info@mlcginc.com
+1-786-313-3206
Puration Contact:
Brian Shibley, CEO
info@purationinc.com
+1-214-937-9097
SOURCE Puration, Inc. & ML Capital Group
Copyright © 2017 PR Newswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Spanish Peaks Confirms Puration Million Dollar Cannabis Infused Beverage Collaboration Agreement and Issues Update On Beverage Production
Dec 29, 2016
OTC Disclosure & News Service
Dallas, TX -
Dallas, Texas â December 29, 2016 â Puration, Inc. (PURA) today released a confirmation and update regarding its $1 million collaboration agreement with Spanish Peaks ScrumpDelicacies. Earlier this year, PURA and Spanish Peaks entered into a collaboration agreement to produce a line of cannabis Infused beverages. In conjunction with the agreement, Spanish Peaks conducted a cannabis beverage naming contest and announced the contest winners on October 21, 2016:
Puration and Spanish Peaks Announce Cannabis Beverage Name Contest Winners - First CannaCola Second CannaBliss and Third Canna Pur
Since the contest, Spanish Peaks has worked to establish brand name trademarks and to develop beverage formulations. Spanish Peaks reports that progress has been slower than anticipated due to the unfortunate and very unexpected passing of a senior Spanish Peaks partner and manager. Today, Spanish Peaks is happy to announce that the Company has made some exciting new progress anticipated to not only get the beverage production process back on track, but to add some exciting new features to the business plan. The new progress is expected to have a very positive impact on the existing collaboration agreement with PURA. Look for details on the new progress coming soon.
To learn more about Puration: purationinc.com
Follow Puration on Twitter: Puration710
Visit Puration on Facebook: Facebook.com/puration/
Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that Alkame will achieve significant sales, the failure to meet schedule or performance requirements of the Company's contracts, the Company's liquidity position, the Company's ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur. These statements have not been evaluated by the Food and Drug Administration. These products are not intended to diagnose, treat, cure or prevent any disease.
Puration Contact:
Brian Shibley, CEO
info@purationinc.com
+1-214-937-9097
Copyright © 2016 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
North American Cannabis Holdings and Puration Publish Comprehensive Shareholder Update Following Recent Alternet Systems Transaction
Dec 23, 2016
OTC Disclosure & News Service
Dallas, TX -
Dallas, Texas â December 22, 2016 â North American Cannabis Holdings, Inc. (USMJ) and Puration, Inc. (PURA) published an online shareholder update following the recent transaction with Alternet Systems, Inc. (ALYI). The presentation provides a detailed update on the business plan of both Companies in conjunction with the recent transaction with ALYI. The presentation is available on the websites of both Companyâs and by clicking on the link below. The presentation is titled:
Marijuana Rules: North American Cannabis Holdings and Puration Shareholders Update
Below are some excerpts from the presentation:
âWhat USMJ management discovered instead, is that the cannabis sector at large was in need of a business that could continuously connect investors and cannabis enterprise entrepreneurs.â
âThe election of Donald Trump is a loud and boisterous message to the Federal Government, that Americans are not happy with business-as-usual in Washington DC ⦠an even louder protest ⦠On November 8th, 2016, in direct opposition to federal law, eight more states legalized marijuana.â
âThe citizens of the United States have rediscovered a founding fathersâ instituted check-and-balance that has been overlooked for a long-time. U.S. citizens are invoking state-citizenship over U.S.-citizenship by voting for laws within their state on a matter where the U.S. government is not representing the will-of-the-people.â
âHow disheartening to know that the Federal Government believes more in the executives that cratered the U.S. economy than in the entrepreneurial spirit and capacity of U.S. citizens at large to fill the void left in the aftermath of the failed fortune-500 executives.â
âThe state-by-state legalization of marijuana is just a first initiative of a repeatable state-by-state approach to reinstituting confidence in the entrepreneurialism of America â¦â
âBeyond USMJâs spinoff and dividend strategy, the Company has another strategic acquisition in the works ⦠USMJ is building a business that lets marijuana sector entrepreneurs speak to marijuana sector investors and opt to invest in those entrepreneurs should they be so inspired.â
To learn more about North American Cannabis Holdings: growusmj.com
Follow the Company on Twitter: US_HEMP
Visit Company on Facebook:
facebook.com/USMJ-1619086738345351/
To learn more about Puration: purationinc.com
Follow Puration on Twitter: Puration710
Visit Puration on Facebook: Facebook.com/puration/
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, amongst 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.
USMJ Contact:
Steven Rash
Phone: +1-972-528-0162
Email: Info@growusmj.com
PURA Contact:
Brian Shibley, CEO
info@purationinc.com
+1-214-937-9097
Copyright © 2016 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
North American Cannabis Holdings and Puration Schedule Online Presentation Following Alternet Deal
Dec 21, 2016
OTC Disclosure & News Service
Dallas, TX -
North American Cannabis Holdings Schedules Online Presentation To Detail Deal With Alternet Systems Entering Seven Billion Dollar Cannabis Retail Payment System Sector
Dallas, TX â December 21, 2016 â North American Cannabis Systems, Inc. (USMJ) today announced an online presentation scheduled for tomorrow, December 22, 2016, to detail for shareholders and interested investors the comprehensive plan behind the transaction announced yesterday with Alternet Systems, Inc. (ALYI). The presentation will be available on-demand from the USMJâs website. Since the USMJ and ALYI transaction is similar to a previous USMJ deal, tomorrowâs online presentation will include an update on USMJâs recent dividend issuance of Puration, Inc. (PURA) common stock and PURAâs overall progress since their transaction with USMJ.
Cannabis Retail Payment System In Market That Rings $7 Billion
Yesterday, USMJ announced executing an agreement with ALYI to combine resources and efforts in order to commercialize and launch a retail payment system for the cannabis sector. Forbes anticipates legal cannabis sales to ring nearly $7 billion in sales in 2016. A recent report from Bloomberg indicates legal cannabis annual sales will reach $50 billion in the next ten years.
USMJ Shareholders To Receive ALYI Stock In Dividend Distribution
In the agreement announced yesterday, all cannabis payment system efforts and resources going forward will be consolidated under ALYI. In exchange, USMJ receives ALYI controlling preferred stock. A portion of the ALYI preferred stock has been designated for a future conversion into ALYI common stock. The converted ALYI common stock is intended for distribution to the shareholders of North American Cannabis Holdings through the issuance of a dividend.
USMJ Cannabis Pilot Development, Spinoff and Dividend History with PURA
USMJ continuously pilots various cannabis sector enterprises. Pilots that prove promising, USMJ spins-off into stand-alone public companies in a transaction that includes a dividend distribution of stock in the stand-alone public company to the USMJ shareholders. The ALYI transaction announced yesterday will be the second spinoff and dividend transaction USMJ has executed since entering the cannabis sector in 2013. Last year, USMJ entered into a similar transaction with PURA. Last week PURA common stock was distributed through a dividend to USMJ shareholders.
ALYI Financial Software Development Track Record
ALYI has a long-term track record in developing innovative financial services industry software solutions. The company is guided by a team of executives specializing in entrepreneurial endeavors, innovation, corporate strategy, financial and executive management of multi-national organizations, and a vast network of industry resources. ALYIrecently developed a unique financial services solution which was successfully sold allowing the Company to realize a 47% ROI.
To learn more about North American Cannabis Holdings: growusmj.com
Follow the Company on Twitter: US_HEMP
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, amongst 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.
USMJ Contact:
Steven Rash
Phone: +1-972-528-0162
Email: Info@growusmj.com
Copyright © 2016 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Puration Announces $100,000 December Sale Putting First Revenue On Books In 2016
Dec 19, 2016
OTC Disclosure & News Service
Dallas, TX -
Dallas, TX â December 19, 2016 â Puration, Inc. (PURA) today announced a $100,000 one-time sale to be realized entirely in the current month of December.
Puration entered the cannabis extraction business last year in 2015 acquiring a proprietary cannabis extraction technology. The Company has recently signed two collaboration agreements to infuse its cannabis extract into beverages generating revenue from the new cannabis extraction business starting in 2017. The first beverage expected to hit shelves early next year is the EVERx CBD Infused Bottled Water in production now as a part of a collaboration agreement with Alkame Water (ALKM). Puration anticipates generating $1 million in EVERx CBD Infused Bottled Water sales next year.
The sale announced today results from the Purationâs previous water filter business. The Company has made a $100,000 one-time sale of water bottles produced and inventoried prior to its entry into the cannabis extraction business.
To learn more about Puration: purationinc.com
Follow Puration on Twitter: Puration710
Visit Puration on Facebook: Facebook.com/puration/
Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that Alkame will achieve significant sales, the failure to meet schedule or performance requirements of the Company's contracts, the Company's liquidity position, the Company's ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur. These statements have not been evaluated by the Food and Drug Administration. These products are not intended to diagnose, treat, cure or prevent any disease.
Puration Contact:
Brian Shibley, CEO
info@purationinc.com
+1-214-937-9097
Copyright © 2016 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.