Puration, Inc. Background
Detroit, Dec. 07, 2018 (PENNYSTOCKS.NEWS) Puration, Inc. (OTC: $PURA) has announced their continued distribution expansion of its EVERx CBD Sports water with hemp-derived CBD. EVERx will now be available at the Illegal Burger restaurant chain in the Denver area, also at a fast-casual Mexican restaurant chain also in the Denver area. Puration recently announced a 400% revenue growth, throughout the 3rd quarter of 2018 reporting $868,000 in sales with a 50% profit margin. Earlier this week Puration announced a new distribution agreement in the Southeastern United States with an initial shipment of EVERx in route. Puration also recently announced a $1 million deal to produce a new private labeled CBD infused bottled water for a health care industry firm. Illegal Burger and El Senor Sol are subsidiaries companies of West Coast Ventures Group Corp. ($WCVC). Currently, Illegal Burger and El Senor Sol will be leaders in the introducing of CBD infused beverages in their menu.
Puration, Inc. Sales
The EVERx CBD Sports Waters was launched in the spring of 2017. The company’s sales grew over 600% in the first year after the launch of EVERx. The Kiwi Strawberry and Lemon Lime flavors have become available. Furthermore, the Original EVERx CBD Infused Sports Water. EVERx has more than twice the CBD of most infused waters on the market. Proprietary technology enables EVERx to suspend more CBD than its competitors and still have a crystal-clear appearance and a refreshing taste.
Puration has the sole license for beverage production of U.S. Patent No. 9,199,960 entitled the ‘METHOD AND APPARATUS FOR PROCESSING HERBACEOUS PLANT MATERIALS INCLUDING THE CANNABIS PLANT.’ Puration partner Kali, Inc. (KALY) is currently working with Puration in the formulation of multiple extracts concentrates that would enable Puration to produce a variety of private label CBD beverages with different CBD concentrates.
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