Texas Governor Greg Abbott signed a new law Monday this week legalizing hemp and hemp-derived products.
DALLAS, June 13, 2019 (GLOBE NEWSWIRE) — via OTC PR WIRE — Puration, Inc. (USOTC: PURA) ( ”PURA”) today announced the impending launch of its EVERx CBD Sports Water production in Texas.
EVERx is the leading CBD Infused water in the sports nutrition market. Launched in 2017 at Arnold Schwarzenegger’s Annual Arnold Sports Fest, EVERx achieved over $1 million in annual sales in 2018.
PURA has targeted $4 million in sales for 2019 and management has indicated it may increase that target with the opening of a new EVERx production line in Texas now that Texas law has cleared the way.
Texas Governor Greg Abbott signed a new law Monday this week legalizing hemp and hemp-derived products.
PURA had prepared production capacity in Texas in anticipation of Texas passing the bill signed into law this week and expects to begin production in Texas by the end of the month of June.
PURA Speculative Buy Recommendation and $0.25 PPS Target w/Potential to $0.35
