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Puration Signs New CBD Beverage Distribution Orders With Even Bigger Orders Underway Fueling M&A Interest
Puration Signs New CBD Beverage Distribution Orders With Even Bigger Orders Underway Fueling M&A Interest.
About this update from North American Cannabis Holdings, Inc.
[{"type":"text","content":"\nDALLAS, March 07, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Puration, Inc. (USOTC: PURA) today published a presentation, to review new orders, opportunities and partnerships stemming from the EVERx CBD Sports Water event this past weekend at the Arnold Sports Festival. EVERx CBD Sports Water debuted its all new formula and packaging at the world-renowned Arnold Sports Festival this week in Columbus, Ohio where EVERx launched for the first time ever in 2017.  PURA comes away from the Arnold with signed new orders supporting the company’s 2019 $5 million revenue goal.  As a result of the Arnold event, PURA also now enjoys the potential for new orders from notable and substantial distributors, new partnerships that will accelerate PURA’s global reach, and new opportunities specifically in the form of heightened merger and acquisition (M&A) interest.  PURA sent five times the amount of EVERx to the Arnold than ever before supplied in the previous two years at the Arnold and still ran out of EVERx before the end of the event.  Management attributes the new sales, marketing partnership and M&A opportunities to the increased interest in cannabis products, particularly CBD, since 1. the legalization of recreational marijuana in Canada and 2. the legalization of hemp farming in the United States under the 2018 Farm Act.\n A Media Snippet accompanying this announcement is available by clicking on the image or link below: Puration, Inc.: Media Snippet EVERx Sales Growth EVERx is the leading CBD beverage in the sports nutrition market place.  Its presence at the Arnold has grown over the last three years to monumental proportions this year.  There is no better place for EVERx to be exposed to distributors in the sports nutrition market place.  The largest distributors in the industry are sponsors at the Arnold.  EVERx won the interest of gym chains, sports nutrition distributors and mega food and beverage distributors with a sports nutrition segment. PURA came away from the Arnold with signed new orders and two mega distributors beginning due diligence on PURA’s EVERx beverage.  Management plans to make independent announcements in the coming days and weeks about each new sales contract in addition to elaborating on the due diligence progress with the two mega distri...