Business
PURA Believes Hemp Can Take A Big Bite Into The $77 Billion Plant Based Food Market
PURA Believes Hemp Can Take A Big Bite Into The $77 Billion Plant Based Food Market.
About this update from Alkame Holdings, Inc.
[{"type":"text","content":"\n Dallas, Texas, April 07, 2022 (GLOBE NEWSWIRE) -- Puration, Inc. (OTC Pink: PURA) is building its Farmersville Hemp Brand as a multi-industry disruptor that can improve many existing products and services and at the same time contribute notably to the 2050 sustainability objectives. PURA recently announced a strategy targeted at disrupting the $600 billion global lumber market and the $200 billion steel rebar market.  Now PURA is taking aim at the plant based food market. The plant-based food market is already a disruptive market in and of itself, and PURA believes hemp can disrupt the disruptive plant based food market. The plant based food market is anticipated to reach a value of $44 billion in 2022 and grow to $77 billion by 2028. Planet Based Foods today announced its latest progress in its ongoing development of hemp based foods: “Since 2019, Planet Based Foods, has been focused on transforming hemp protein into plant-based foods. The company offers the first plant-based meat featuring hemp as the primary ingredient.” See the full press release from Planet Based Foods: Top Five Reasons Why SuperFood Hemp is Great for the Environment PURA is building a Co-Op of hemp growers and processors to jointly market under the Farmersville Hemp Brand Name. Co-Op partners include, for example, PAO Group, Inc. (OTC Pink: PAOG) and Alkame Holdings, Inc. (OTC Pink: ALKM). PURA management plans to release a shareholder update in conjunction with the coming 2021 annual report (The company filed an extension and intend to publish the report within the extension window). The update will highlight the company’s transitioning revenue building on the royalties from its former EVERx CBD Sports Beverage sold to North American Cannabis Holdings, Inc. (OTC Pink: USMJ) and now adding Farmersville Hemp revenue. The update will also include the latest information on the company’s developing deal in Asia to expand its access to hemp growers as well as the company’s progress on introducing a cyrpto carbon credit strategy. For more information on Puration, visit http://www.purationinc.com 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, u...