Dallas, Texas, Oct. 08, 2021 (GLOBE NEWSWIRE) – Puration, Inc. (OTC Pink: PURA) (“PURA”) is establishing hemp processing and cultivation partnerships with the goal of establishing a brand of industrial hemp under Farmersville Brand name of hemp. Fashionable who Sun-Maid Grapes Collectively markets growers all selling under one brand, PURA plans to collectively market multiple hemp growers and processors under the Farmersville Hemp brand.
Today, PURA announced that the Farmersville Hemp Brand initiative includes a research effort into market opportunities for non-consumable hemp applications. PURA has initiated discussions to establish an academic partnership to expand these research efforts.
The global global industrial hemp market was estimated at $ 5 billion in 2019 and is expected to reach $ 36 billion by 2026.
The global industrial hemp market includes hemp seeds, hemp seed oil, hemp fiber, CBD hemp oil, with applications in industries to include food, beverages, health products. personal care, textiles, construction and pharmaceuticals.
A key strategy for Farmersville Hemp Brand’s collective marketing initiative will be to conduct targeted, hands-on seminars for established businesses with existing products that do not incorporate hemp and demonstrate to those established businesses how hemp can be used. to innovate their existing product lines.
The company recently broke new ground on its 70-acre property in Farmersville, Texas. A construction platform has been cleared for the construction of several buildings where PURA will facilitate the practical marketing of a wide variety of products that can be derived from hemp.
Farmersville’s branded hemp facility will be able to host corporate clients for seminars to demonstrate the processing of hemp and how hemp can be used as a natural, cost-effective and even superior alternative to building materials, nutraceuticals and pharmaceuticals today. available, clothing, fuel and plastics – to name a few. According to a source, more than 25,000 products can be made from hemp.
PURA does not intend to wait for the completion of construction in Farmersville to begin its seminars. PURA intends to complete its hemp innovation program shortly and launch its first seminars in the fourth quarter of 2021.
For more information on Purification, visit http://www.purationinc.com
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