{"id":456229,"date":"2021-03-11T13:43:38","date_gmt":"2021-03-11T18:43:38","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=456229"},"modified":"2021-03-11T13:43:38","modified_gmt":"2021-03-11T18:43:38","slug":"pura-and-paog-expand-cannabis-partnership","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/pura-and-paog-expand-cannabis-partnership\/","title":{"rendered":"PURA and PAOG Expand Cannabis Partnership"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">DALLAS<\/span>, <span class=\"xn-chron\">March 11, 2021<\/span> \/PRNewswire\/ &#8212; Puration, Inc. (USOTC: PURA) and PAOG Group, Inc. (USOTC: PAOG) today confirmed the two companies continue to work together on developing a variety of cannabis centric applications through a partnership that initiated when PAOG acquired PURA&#8217;s cannabis cultivation business last year.\u00a0 <\/p>\n<p>The PURA and PAOG partnership includes a pending distribution of PAOG stock to PURA shareholders.\u00a0 PURA shareholders are intended to receive one share of PAOG for every PURA share they hold.\u00a0 The intended distribution has been submitted for review by FINRA.\u00a0 Once the review process is complete, PURA and PAOG plan to promptly proceed with the intended distribution.<\/p>\n<p>Operationally, PURA and PAOG are working together on <a target=\"_blank\" href=\"https:\/\/finance.yahoo.com\/news\/pura-farmersville-hemp-brand-positioned-141900927.html\" rel=\"nofollow noopener noreferrer\">PURA&#8217;s Farmersville Brands project<\/a>.\u00a0 PURA with PAOG&#8217;s help, is building a 70-acre facility designed to provide interactive, demonstrable education on the potential of hemp to provide environmentally sustainable alternatives to over <span class=\"xn-money\">$1 trillion<\/span> in existing industrial products and services currently damaging the environment.<\/p>\n<p>The 70-acre facility is the cornerstone of PURA&#8217;s overall Farmersville Hemp Brand strategy designed to accelerate the overall market growth of hemp derived products beyond the industry forecasted 2027 <a target=\"_blank\" href=\"https:\/\/www.globenewswire.com\/news-release\/2020\/12\/28\/2150959\/0\/en\/Hemp-Inc-Reports-Global-Industrial-Hemp-Market-One-of-the-Fastest-Growing-Industries-of-2020.html#:~:text=Today%20the%20global%20industrial%20hemp,report%20by%20Grand%20View%20Research.\" rel=\"nofollow noopener noreferrer\"><span class=\"xn-money\">$15 billion<\/span> market size<\/a>.<\/p>\n<p>PAOG is specifically partnering with PURA in <span class=\"xn-location\">Farmersville<\/span> on the construction and operation of indoor, pharmaceutical grade, hemp growing facilities, and the construction and operation of a cannabis extraction lab.<\/p>\n<p>PURA and PAOG are joined on the <span class=\"xn-location\">Farmersville<\/span> project by North American Cannabis Holdings, Inc. (USOTC: USMJ) and Alkame Holdings, Inc. (USOTC: ALKM) in PURA&#8217;s Farmersville Hemp Brand strategy.<\/p>\n<p>For more information on Puration, visit\u00a0<u><a target=\"_blank\" href=\"https:\/\/www.globenewswire.com\/Tracker?data=m2CIr474p7zWiaH34-fikDFjR2E0EtMb_f8BKPx2_0sDNe4-1kZbteeA_Pw3b1nxmB1bR35fD-Nqcos33KYSF4nWHM6JyaUBn7COwPxNT0A=\" rel=\"nofollow noopener noreferrer\">http:\/\/www.purationinc.com<\/a><\/u><\/p>\n<p>\n        <b>Contact:<\/b><br \/>\n        <br \/>Puration, Inc.<br \/><span class=\"xn-person\">Brian Shibley<\/span>,<br \/><u><a target=\"_blank\" href=\"https:\/\/www.globenewswire.com\/Tracker?data=e6pfvwiCFi2nUw36CFsEIxsSx1RFYHPPquyuP7Aj5Df9bOPwfbEZv3tFYZDKPq3UH62oV86N0ysL1STrQPz-v3RuIYCzJzkowLFimqJY5AE=\" rel=\"nofollow noopener noreferrer\">info@aciconglomerated.com<\/a><\/u><br \/><b>(800) 861-1350<\/b><\/p>\n<p>\n        <b>Disclaimer\/Safe Harbor:\u00a0<\/b>This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company&#8217;s current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that Alkame will achieve significant sales, the failure to meet schedule or performance requirements of the Company&#8217;s contracts, the Company&#8217;s liquidity position, the Company&#8217;s ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur. These statements have not been evaluated by the Food and Drug Administration. These products are not intended to diagnose, treat, cure, or prevent any disease.<\/p>\n<p>\u00a0<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=LN07236&amp;sd=2021-03-11\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/pura-and-paog-expand-cannabis-partnership-301245911.html\">http:\/\/www.prnewswire.com\/news-releases\/pura-and-paog-expand-cannabis-partnership-301245911.html<\/a><\/p>\n<p>SOURCE  Puration, Inc.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=LN07236&amp;Transmission_Id=202103111340PR_NEWS_USPR_____LN07236&amp;DateId=20210311\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire DALLAS, March 11, 2021 \/PRNewswire\/ &#8212; Puration, Inc. (USOTC: PURA) and PAOG Group, Inc. (USOTC: PAOG) today confirmed the two companies continue to work together on developing a variety of cannabis centric applications through a partnership that initiated when PAOG acquired PURA&#8217;s cannabis cultivation business last year.\u00a0 The PURA and PAOG partnership includes a pending distribution of PAOG stock to PURA shareholders.\u00a0 PURA shareholders are intended to receive one share of PAOG for every PURA share they hold.\u00a0 The intended distribution has been submitted for review by FINRA.\u00a0 Once the review process is complete, PURA and PAOG plan to promptly proceed with the intended distribution. Operationally, PURA and PAOG are working together on PURA&#8217;s Farmersville Brands project.\u00a0 PURA &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/pura-and-paog-expand-cannabis-partnership\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;PURA and PAOG Expand Cannabis Partnership&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-456229","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>PURA and PAOG Expand Cannabis Partnership - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/pura-and-paog-expand-cannabis-partnership\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PURA and PAOG Expand Cannabis Partnership - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire DALLAS, March 11, 2021 \/PRNewswire\/ &#8212; Puration, Inc. (USOTC: PURA) and PAOG Group, Inc. (USOTC: PAOG) today confirmed the two companies continue to work together on developing a variety of cannabis centric applications through a partnership that initiated when PAOG acquired PURA&#8217;s cannabis cultivation business last year.\u00a0 The PURA and PAOG partnership includes a pending distribution of PAOG stock to PURA shareholders.\u00a0 PURA shareholders are intended to receive one share of PAOG for every PURA share they hold.\u00a0 The intended distribution has been submitted for review by FINRA.\u00a0 Once the review process is complete, PURA and PAOG plan to promptly proceed with the intended distribution. Operationally, PURA and PAOG are working together on PURA&#8217;s Farmersville Brands project.\u00a0 PURA &hellip; Continue reading &quot;PURA and PAOG Expand Cannabis Partnership&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/pura-and-paog-expand-cannabis-partnership\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-11T18:43:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=LN07236&amp;sd=2021-03-11\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/pura-and-paog-expand-cannabis-partnership\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/pura-and-paog-expand-cannabis-partnership\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"PURA and PAOG Expand Cannabis Partnership\",\"datePublished\":\"2021-03-11T18:43:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/pura-and-paog-expand-cannabis-partnership\\\/\"},\"wordCount\":410,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/pura-and-paog-expand-cannabis-partnership\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=LN07236&amp;sd=2021-03-11\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/pura-and-paog-expand-cannabis-partnership\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/pura-and-paog-expand-cannabis-partnership\\\/\",\"name\":\"PURA and PAOG Expand Cannabis Partnership - 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(USOTC: PURA) and PAOG Group, Inc. (USOTC: PAOG) today confirmed the two companies continue to work together on developing a variety of cannabis centric applications through a partnership that initiated when PAOG acquired PURA&#8217;s cannabis cultivation business last year.\u00a0 The PURA and PAOG partnership includes a pending distribution of PAOG stock to PURA shareholders.\u00a0 PURA shareholders are intended to receive one share of PAOG for every PURA share they hold.\u00a0 The intended distribution has been submitted for review by FINRA.\u00a0 Once the review process is complete, PURA and PAOG plan to promptly proceed with the intended distribution. 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