News
PURA and PAOG Expand Cannabis Partnership
DALLAS, March 11, 2021 /PRNewswire/ — Puration, Inc. (USOTC: PURA) and PAOG Group, Inc. (USOTC: PAOG) today confirmed the two companies continue to work together on developing a variety of cannabis centric applications through a partnership that initiated when PAOG acquired PURAs cannabis cultivation business last year.
The PURA and PAOG partnership includes a pending distribution of PAOG stock to PURA shareholders.
PURA shareholders are intended to receive one share of PAOG for every PURA share they hold.
Operationally, PURA and PAOG are working together on PURAs Farmersville Brands project.
PURA and PAOG are joined on the Farmersville project by North American Cannabis Holdings, Inc. (USOTC: USMJ) and Alkame Holdings, Inc. (USOTC: ALKM) in PURAs Farmersville Hemp Brand strategy.