Hemp Company To Break Ground On New Texas Facilities

By: Tomas Ronolski - AllPennyStocks.com News

Thursday, February 4, 2021

A small Texas-based industrial company just announced that they are finalizing plans to break ground this summer on its recently acquired 70-acre property in Farmersville, Texas to begin construction on its new facilities. Puration Inc. (OTCPK:PURA) recently announced the expansion on its EVERx CBD Sports Water business with the launching of a new hemp lifestyle brand business intended to raise market awareness for industrial uses of hemp.

Puration Inc. is engaged in the business of researching, designing, developing, producing, marketing and distributing products and systems to improve quality of the water used daily by people around the world. The company designs and produces personal use water filter bottles and other containers and also has developed its proprietary technology for water filtration and purification. It derives its revenue from the selling of water filtration products.

Traders seemed to be optimistic on this new expansion as shares of this small cap traded up to a session high of $0.03515/share (+51.5%) following the announcement. This stock has had nothing but success over the course of the last three months, coming from around $.01/share.

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