PURA – Puration Prepares For Mexican National Recreational Cannabis Legalization
Dallas, TX – October 24, 2019 — OTC PR WIRE – Puration, Inc. (USOTC: PURA) today highlighted the draft recreational cannabis legalization bill in Mexico in conjunction with PURA’s recent Latin American distribution agreement.
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PURA has recently announced its positioning with partner Nouveau, Inc (USOTC: NOUV) to prepare for the Cannabis 2.0 opportunity in Canada. PURA also recently announced a new European distribution agreement anticipated to generate $4 million next year with a first shipment scheduled later this month. Subsequently, PURA announced a new distribution agreement in Latin America. PURA realized $1 million in revenue last year in 2018 and then reported another $1 million in revenue in just the first six months of 2019. PURA management has set a $4 million revenue target for year-end 2019. With PURA’s growing number of new distribution agreements in strategic markets, recent analyst projection has PURA reaching $8 million in revenue in 2020.
For more information on Puration, visit http://www.purationinc.com
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