Business
PURA Reports Major Headway On New Hemp Lifestyle Brand; Confirms Dividend Update
PURA Reports Major Headway On New Hemp Lifestyle Brand; Confirms Dividend Update.
About this update from Pao Group, Inc.
[{"type":"text","content":"\n\n\n\nPURA Reports Major Headway On New Hemp Lifestyle Brand; Confirms Dividend Update\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 Reports Major Headway On New Hemp Lifestyle Brand; Confirms Dividend Update\nPR Newswire\nDALLAS, Oct. 29, 2020\n\n\n\nDALLAS, Oct. 29, 2020 /PRNewswire/ -- Puration, Inc. (USOTC: PURA) today announced making major headway in the rollout of its new hemp lifestyle strategy, Farmersville Brands.  The closing of the 72-acre land purchase contract where PURA will build the tangible centerpiece of its lifestyle strategy is anticipated to soon be complete.  The centerpiece has already announced a hemp cultivation and extraction partnership with PAO Group, Inc. (USOTC: PAOG) and additional partnerships are in the works.  PURA management anticipates the Farmersville Brands strategy to become the industry brand name catalyst advancing the entire hemp sector.  On Tuesday, November 10, 2020, PURA will publish a multimedia presentation unveiling the compelling strategic value propelling Farmersville Brands forward, to include details on the PAOG partnership and additional partnerships adding fuel to PURA's Farmersville momentum.\nPURA and PAOG confirm an update scheduled for release Friday, October 30, 2020 on the progress toward a dividend issuance of PAOG stock to PURA shareholders in conjunction with PAOG's recent acquisition of PURA's cannabis cultivation operation.\nFor more information on Puration, visit http://www.purationinc.com \nDisclaimer/Safe Harbor: \nThis news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors...