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Puration Inc (OTCMKTS:PURA) Releases Online Presentation Related to Its Cannabis Cultivation Business Operation

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Puration Inc (OTCMKTS:PURA), the company that entered into the field of cannabis cultivation last year recently came out with an online presentation revealing the company’s cannabis cultivation business operation. The company is known for implementing its long-term cannabis cultivation strategy to explore the highly evolving legal environment in the cannabis sector so that its brand gets good recognition in the cannabis market space.

PURA Acquires Canadian Cannabis Farmers Co-Op

The company that entered into this field of Cannabis cultivation with the acquisition of First Choice Nursery, recently announced that it has acquired the Canadian Cannabis Farmers Co-Op. This new acquisition will ideally lead PURA to a position in the marijuana market which is soon to be legalized all over Canada in the coming summer.

The ArcView Market Research has reported that the online presentation will be providing more details on the long-term cannabis cultivation strategy of the company which is aiming to lead the currently $9.7 billion marijuana market in Canada. Research indicates that the market will go beyond $24.5 billion by 2021. Apart from the details on cultivation strategy, the online presentation will throw light on the plan of PURA to expand its current cannabis infusing beverage business in the country.

PURA Planning To Establish Brand Name In Cannada’s Cannabis Market

With this new acquisition, PURA is expecting to enhance its process of being an integral part of the cannabis cultivation sector of Canada. The company has already implemented its long-term cannabis cultivation strategy in the state of Texas where even though medical and recreational marijuana is still not considered legal, use of CBD oil for treatment is accepted.

CBD oil is made from marijuana plant and its cultivation is considered legal in Texas. There are only 10 companies in the American state that have been given the right to grow marijuana for the purpose of medical administration and deriving extract. And PURA has already started taking steps to be a part of this sector in the Lone Star state. The company’s brand has already started gaining recognition for its EVERx CBD Infused Sports Water and with this new acquisition; PURA is placed in a better position to achieve similar results related to its cultivation operations.

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