Business
PURA Targets 3 Revenue Sources In 2022 Under New Farmersville Hemp Brand
PURA Targets 3 Revenue Sources In 2022 Under New Farmersville Hemp Brand.
About this update from Puration Inc.
[{"type":"text","content":"\n\n\n\nPURA Targets 3 Revenue Sources In 2022 Under New Farmersville Hemp Brand\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 Targets 3 Revenue Sources In 2022 Under New Farmersville Hemp Brand\nPR Newswire\nDALLAS, Nov. 18, 2021\n\n\n\nDALLAS, Nov. 18, 2021 /PRNewswire/ -- Puration, Inc. (USOTC: PURA) today released a CEO update from Brian Shibley in conjunction with the recently published Q3 financial report.  The update is included in its entirety below.\nDear Shareholders –\nWe have just entered the fourth quarter of 2021 which we expect to be a pivotal period catapulting the company's new Farmersville Hemp Brand into 2022 to begin generating and rapidly growing revenue.\nYes, Covid hindered our transition, but it didn't stop it and we are confident the Covid hurdles are now behind us. \nCentral to our Farmersville Hemp Brand strategy is the Farmersville property we acquired and are now developing.  \nWe acquired the property from UC Asset LP (OTCQX: UCASU) one year ago and inspired by our plan, UCASU has now joined PURA as a partner to provide real estate financing to PURA's Farmersville Hemp Brand partners in addition to financing the construction of PURA's Farmersville facility.\nThe Farmersville facility will operate as a university where we intend to provide education on the potential of industrial hemp to enhance and improve existing operations of a myriad of existing companies.\nBut I'm getting a little ahead of myself, let me back up and start with an overview of our business plan getting ready to go into action in Q1 2022 after much transition work and one or two Covid hurdles.\nPURA plans to generate income from three sources: Education, Branding and Partnerships.\nEducation \nPURA, under the Farmersville Hemp Brand, will target prospective client companies that could use industrial hemp to improve existing operations and products.  PURA will provide a multi-day fee-based service on sight at their Farmersville facility to conduct general and custom education and consulting services to guide clients toward the integration of hemp...