Business
PURA Expects Industrial Hemp To Disrupt Textile And Lumber industries
PURA Expects Industrial Hemp To Disrupt Textile And Lumber industries.
About this update from North American Cannabis Holdings, Inc.
[{"type":"text","content":"\n\n\n\nPURA Expects Industrial Hemp To Disrupt Textile And Lumber industries\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nPURA Expects Industrial Hemp To Disrupt Textile And Lumber industries\nPR Newswire\nDALLAS, Feb. 22, 2022\n\n\n\nDALLAS, Feb. 22, 2022 /PRNewswire/ -- Puration, Inc. (USOTC: PURA) today published an update on the company's progress toward its 2022 strategic objectives.\nPURA 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.\nThe update today comes in the form of a shareholder letter from the company CEO, Brian Shibley. The letter is included in its entirety below:\nDear Shareholders:\nTrepidation 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.\nPURA has tremendous opportunity to rapidly grow by participating in the ROI potential that comes from serving the 6 billion underserved.\nWhile 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.\nPURA 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 ...