Business
PURA Aims To Disrupt Textile And Lumber Industries With Sustainable Hemp Solutions
PURA Aims To Disrupt Textile And Lumber Industries With Sustainable Hemp Solutions.
About this update from Alkame Holdings, Inc.
[{"type":"text","content":"\n Dallas, Texas, Feb. 22, 2022 (GLOBE NEWSWIRE) -- Puration, Inc. (OTC Pink: PURA) today published an update on the company’s progress toward its 2022 strategic objectives. PURA has launched an initiative to expand the utilization of hemp worldwide under the brand name Farmersville Hemp. PURA is building a co-op of hemp growers and processors to raise market awareness around the multitude of yet to be realized uses of hemp and build a brand name to benefit all co-op participants under the name Farmersville Hemp. The update today comes in the form of a shareholder letter from the company CEO, Brian Shibley. The letter is included in its entirety below: Dear Shareholders: Trepidation is prevailing over the market at the moment, but it will not last.  The global economy just has too much opportunity for growth.  The world population is almost 8 billion and less than 2 billion of that population reside within developed economic regions. The ROI potential of the companies that will build the products for and deliver the services to the underserved 6 billion gives far more reason for optimism than any existing cause for concern that is presently weighing on the market.  The market will turn around. PURA has tremendous opportunity to rapidly grow by participating in the ROI potential that comes from serving the 6 billion underserved. While companies operating in the developed economies of the world face investing in the retooling of existing process to eliminate carbon emission so they can simply deliver the same products and services they already provide, companies in the developing economies of the world have the opportunity to build clean first to market solutions. PURA knows the integration of hemp into new products and services can serve developing economies with carbon neutral solutions that leapfrog the overall caliber of carbon emitting like solutions currently serving developed economies. Hemp is a textile and lumber industry disruptor.  Hemp fiber is an alternative to cotton and traditional construction lumber that in fact has many characteristics superior to cotton and traditional lumber before considering the environmental benefits of using hemp.  Hemp grows faster than cotton and hard wood forests, uses less water and absorbs more carbon.  Hemp can be used in the production of bioplasti...