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PURA and USMJ Confirm Strategic Negotiations To Target $41 Billion Market
PURA and USMJ Confirm Strategic Negotiations To Target $41 Billion Market.
About this update from Puration Inc.
[{"type":"text","content":"\n\n\n\nPURA and USMJ Confirm Strategic Negotiations To Target $41 Billion Market\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 and USMJ Confirm Strategic Negotiations To Target $41 Billion Market\nPR Newswire\nDALLAS, Feb. 1, 2021\n\n\n\nDALLAS, Feb. 1, 2021 /PRNewswire/ -- Puration, Inc. (USOTC: PURA) and North American Cannabis Holdings, Inc. (USOTC: USMJ) today confirmed entering strategic negotiations.\nPURA produces EVERx CBD Sports Water with over $2 million in annual sales.\nUSMJ runs a cannabis ecommerce business that includes a cannabis products logistics operation.\nPURA recently launched a hemp lifestyle business initiative built around a $1.3 million property purchase in Farmersville, Texas where the company plans to construct multiple hemp centric enterprises to promote the full industrial potential of hemp.  Toward this end, PURA has already established partnerships with Alkame Holdings, Inc. (USOTC: ALKM) and PAO Group, Inc. (USOTC: PAOG).\nUSMJ has similarly initiated efforts to refresh the company business plan after the impact to the company's cannabis themed restaurant operations from the COVID-19 pandemic.\nToday, PURA and USMJ make their co-development plans public for the first time.  The two companies already share the same majority shareholder, and now plan to construct a strategic and synergistic strategy designed to optimize shareholder value for both companies within the evolving cannabis economic sector.\nThe Motley Fool published an article on Friday highlighted four cannabis sector trends that included a forecast for the cannabis market to reach $41 billion by 2025.\nFor more information on Puration, visit http://www.purationinc.com\nFor more information on North American Cannabis Holdings,  visit www.USMJ.com and www.GrowUSMJ.com.\nDisclaimer/Safe Harbor: This 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. Amon...