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Puration Inc (OTCMKTS:PURA) To Introduce THC Infused Beverage In The Recreational Marijuana Market Of Canada

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Puration Inc (OTCMKTS:PURA) has made its latest announcement disclosing that will soon start producing a THC infused beverage in Canada. The wave of change being witnessed at the moment is catching many by surprise. Canadians are staring at the legalization of the recreational marijuana market and a person well conversant with the matter has revealed that it might be taking place this summer.

Financial reports

It is now a year down the line from the time Puration first introduced EVERx, which happens to be CBD infused sports water. The company’s 2017 annual report showed the sales of EVERx as having yielded about 60% gross margin. THCSavor is the name that Puration coined to name its THC infused beverage and it has already registered the new name.

A lot of the concerned persons have been posing questions wanting the company to disclose more regarding the Package design. The company is not quite certain but it promise that it would be anytime soon.

Focus into the future developments

One of the officials working with the company while moving out of a business conference that was held recently was interviewed by a number of news reporters. He said that they were directing a huge deal of focus towards the implementation of a competitive pricing strategy. The major challenge is that uncertainties continue clouding their goals but that is understandable considering that business dynamics can’t be wished away.

The move by the company to unleash a CBD infused sports nutrition supplement line called EVERx according to market analysts will help sharpen the company’s competitive edge in a market that is currently characterized by pretty stiff competition.

To reach that conclusion, they considered the 60% gross margin that was yielded by sales of EVERx in the previous year. The 2017 annual report was outstanding and the company continues gearing up its efforts in a bid to ensure that it achieves much more in years to come.

One distinguishing attribute about EVERx lies in the fact that it utilizes a patented technology which plays quiet a significant role when it comes to the breakdown of the hydrogen bonds and as a result consumers end up with a bottle of water having the highest concentration of CBD.

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