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Puration Inc (OTCMKTS:PURA) And American Cannabis Inc (OTCMKTS:AMMJ) Eyeing California And Canada For Business

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Puration Inc (OTCMKTS:PURA) and American Cannabis Inc (OTCMKTS:AMMJ) are looking forward to reap from the wide range of benefits that come into play with the legalization of recreational marijuana. At the moment, the two business gurus are embarking on establishing operations in California and Canada.

It is a matter that is taking the world by storm more so considering the fact that quite a significant number of people were rather pessimistic. They never imagined it would get to that point where Marijuana would eventually become a safe household name.

Announcement of the letter of intent

It was just recently that USMJ announced a letter of intent and the target was to purchase a company in California. It will all be about the advancement of USMJ’s strategy whose aim is to make a major headway into the recreational marijuana grow and dispensary markets now that the wave of change is sweeping across California.

PURA is quite determined to take advantage of the California recreational marijuana market to grow its revenues. In close collaboration with USMJ, PURA is looking forward to establish a grow operation in Canada and way ahead glares the pending nationwide legalization of recreational marijuana.

PURA has its eye fixed on the establishment of an extract facility in Canada whereas USMJ is seeking to purchase a grow operation.

Looking into the future

A lot of changes have been happening recently, but the best part is that all of them are geared towards giving the company an edge above rivals. It was in the previous year that Puration, Inc exacted its plan to acquire First Choice Nursery. It was about the set up of a 25-greenhouse operation and in the future the company projects that it will manage to establish about 400 greenhouses.

The management is optimistic that by the moment April comes to a closes it will have already closed the Canadian acquisition. The passage of time is witnessing the cannabis industry in North America approach its maturity and at the same time the competition is growing rather stiff and it is clear the leaders are more focused on leveraging on the unique product development in an effort to stick out from the rest of the crowd.

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