Next week, the two companies plan for NOUV to launch a new company website.
DALLAS, May 10, 2019 (GLOBE NEWSWIRE) — — via OTC PR WIRE — Puration, Inc. (USOTC: PURA) (“PURA”) and Nouveau, Inc. (Nouveau Life Pharmaceuticals dba Nouveau) (USOTC: NOUV) (“NOUV”) today confirmed plans to issue a dividend of NOUV stock to PURA shareholders in conjunction with the spinoff of PURA’s cannabis cultivation business to NOUV. Next week, the two companies plan for NOUV to launch a new company website. The website has been strategically designed to facilitate next steps in the dividend distribution of NOUV stock to PURA shareholders.
“As the CEO of PURA and the interim CEO of NOUV, I can tell you I am pleased with the operational progress of both companies,” said Brian Shibley. “PURA has recently expanded its production operations of EVERx CBD Sports Water to include a second plant and NOUV is moving forward with its first US hemp crop. Next week PURA will introduce EVERx in South Africa at the Arnold Sports Festival and NOUV’s making great strides in carving out its own niche in the legal recreational marijuana market in Canada.”