PURA Anticipated Cash Infusion Expected To Fuel Cannabis Market Strategy Transition

Dallas, TX, Aug. 16, 2022 (GLOBE NEWSWIRE) -- Puration, Inc. (OTC Pink: PURA) today announced an agreement remains in the works that is anticipated to result in a cash infusion within the next 90 days. Management expects the cash infusion to fuel a transition of the company's overall cannabis market strategy. The marijuana cultivation license recently announced by PURA's sister company, North American Cannabis Holding's Inc. (OTC Pink: USMJ) has triggered an overall initiative for PURA and USMJ to evolve their respective cannabis market strategies to take advantage of the license and to adapt to the latest market conditions.

"It is my opinion that the cannabis sector, from industrial hemp to recreational adult use marijuana to cannabis pharmaceuticals, remains an industry in its infancy with greatest market value appreciation yet to come," said PURA CEO Brian Shibley. "It is incumbent upon businesses developing opportunities in the cannabis sector to continuously adapt and evolve their strategies. As long as the cannabis sector remains in its infancy, PURA will continue to adapt and evolve."

Look for regular updates from PURA as the company progresses with transitioning its overall cannabis sector strategy.

Disclaimer:
This News Release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause our actual results, performance or achievements, or industry results, to differ materially from any these statements. You are cautioned not to place undue reliance on any those forward-looking statements. Except as otherwise required by the federal securities laws, we undertake no obligation to publicly update or revise any forward-looking statements after the date of this news release. None of such forward-looking statements should be regarded as a representation by us or any other person that the objectives and plans set forth in this News Release will be achieved or be executed.

For More Information Contact:
Puration, Inc.
Brian Shibley,
[email protected]
(800) 861-1350