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Puration Inc (OTCMKTS: PURA) Partners With PAOG for its Farmersville Initiative

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Puration Inc (OTCMKTS: PURA) has confirmed its partnership with PAOG in PURA’s Farmersville Hemp Brand Initiative.

PURA plans to create collective partnerships with hemp growers

PURA plans to build hemp cultivation and processing partnerships under the Farmersville Hemp brand. In addition, the company wants to emulate Sun-Maid Raisins, a collective market for hemp farmers, by creating partnerships with hemp farmers who will sell their produce under the Farmersville Hemp brand.

The move will help the company accelerate growth in the hemp market which has been on the rise. The global hemp market reached a value of $5 billion in 2019. This figure could grow to $36 billion by the end of 2026.

PAOG is creating pharmaceutical and nutraceutical treatments using its Intellectual Property from research into the extraction of CBD through a patented method. The company hopes to release its first nutraceutical products in the fourth quarter of 2021. It has so far shipped its first nutraceutical CBD product to North American Cannabis Holdings Inc (OTCMKTS: USMJ), its distribution partner.

PAOG’s partnership with PURA is for the construction and dosing of a greenhouse and lab to develop hemp cultivars and the cultivation of pharmaceutical-grade hemp.

PURA has developed a strategy to ensure growth for the Farmersville Hemp brand. The process will involve holding seminars for established companies that do not use them. These seminars show the companies how they can use hemp to improve their products. Reports have demonstrated that hemp can make more than 25,000 products.

The company has broken ground for its 70-acre land in Farmersville, Texas. In addition, the company has set aside a construction pad for the construction of buildings to facilitate the marketing of products derived from hemp has.

PURA will hold seminars to convince companies to use hemp

PURA will use the Farmerville Hemp Brand facilities to hold conferences where it will demonstrate its method of hemp processing to potential clients. It will also show how they can use hemp as a cost-effective natural alternative to existing plastics, fuel, clothing, construction materials, pharmaceuticals, and nutraceuticals.

PURA will not wait to complete its construction in Farmersville to begin hiding seminars. It will finish making its hemp innovation curriculum in time for the first seminar in the fourth quarter of 2021.

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