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Puration With Greenbelt Resources Becomes Powerful Player in Global Market for CBD Extracted from Cannabis with California Legal Marijuana Bonus Opportunity
Puration With Greenbelt Resources Becomes Powerful Player in Global Market for CBD Extracted from Cannabis with California Legal Marijuana Bonus Opportunity.
About this update from Greenbelt Resource Corporation
[{"type":"text","content":"\n\n\n\nPuration With Greenbelt Resources Becomes Powerful Player in Global Market for CBD Extracted from Cannabis with California Legal Marijuana Bonus Opportunity\n\n\n\n\n\nPuration With Greenbelt Resources Becomes Powerful Player in Global Market for CBD Extracted from Cannabis with California Legal Marijuana Bonus Opportunity\nPR Newswire\nDALLAS, December 12, 2017\n\n\n\nDALLAS, December 12, 2017 /PRNewswire/ --\n\nPuration, Inc. (OTC: PURA) today published an online presentation on the company's website highlighting the details on the company's plan to jointly develop a cannabis extraction facility in California with Greenbelt Resources Corporation (OTC: GRCO) (Greenbelt). The two companies announced a letter of intent (LOI) last week to partner on the development and operation of a cannabis extraction facility. The presentation is made by Puration CEO, Brian Shibley and is supported by Greenbelt CEO, Darren Eng. The presentation can be found on Puration's website and the presentation narrative is included in its entirety below:\n\nPuration's Cannabis Extraction Plan In Cooperation With Greenbelt Resources \n\nIt is my opinion that Puration is a leading company today within the cannabis extraction and infusion business. Puration has the extraction expertise that goes along with the patented extraction technology we licensed and the experience that goes along with our introducing a leading cannabis infused consumer product to market. Now, with adding Greenbelt's technical resources to our expertise and experience, I believe that Puration with Greenbelt can become a prominent provider of environmentally friendly extracted cannabidol (CBD) to the large and rapidly growing market for CBD. Locating our combined operation in California, the opportunity to become a leading provider of THC extract to the legal recreational marijuana market in California presents itself as a potentially substantial bonus opportunity.\n\nExtraction Expertise \n\nPuration is the sole licensee to U.S. Patent No. 9,199,960, entitled \"METHOD AND APPARATUS FOR PROCESSING HERBACEOUS PLANT MATERIALS INCLUDING THE CANNABIS PLANT.\" The license permits Puration to produce cannabis extracts for infusion into recreational, fitness wellness, alternative medicine and beauty products. \n\nExtraction Experience \n\nAs an extension o...