Puration Inc (OTCMKTS:PURA) stock ended lower on Thursday, coming off from the recent rally.
Market Action
On Thursday, PURA stock was down 11.35% at $0.0180. The stock has traded 8.71 million shares, well above its average volume of 4.96 million shares. The stock opened at $0.0210 and moved in a range of $ 0.0174 – 0.0210.
PURA Plans To Increase Investment in ALKM
- released a management preview of its transition strategy to complete its fulltime, singularly dedicated commitment to PURA’s Farmersville Hemp Brand business model. The preview includes covering the rolls Alkame Holdings, Inc. (USOTC: ALKM) and North American Cannabis Holdings, Inc. (USOTC: USMJ) play in the transition plan in addition to an update on PURA’s business relationship with PAO Group, Inc. (PAOG).
- PURA management has remained convinced that the overall cannabis market is rich with yet undiscovered opportunity well beyond smokables, infused consumables, nutraceuticals and pharmaceuticals.
- Last year, PURA management committed to taking its cannabis technology and marketing experience and directing it toward a comprehensive initiative to crack the overall cannabis market wide open.
- PURA initiated a new business plan focused first on hemp. PURA acquired 70 acres in Farmersville, Texas and introduced the Farmersville Hemp Brand.
- PURA is building a physical training, education and marketing facility on the 70 acres where the company will conduct hands on hemp experiences to introduce corporate clients to all the uses of hemp from the extracts to the fibers.
 To Raise Investment in ALKM){kind=link}