PURA Signs First Farmersville Hemp Clients In Pursuit Of $10 Million Revenue Objective
December 21, 2021 at 09:44 am EST
Puration, Inc. announced signing its first Farmersville Hemp clients that will in turn contribute to the companys 2022 revenue objectives. PURA has established a new business model to build an industrial hemp business with 3 sources of revenue education, branding and partnerships. The initial $1 million in revenue forecasted for next year conservatively only encompasses revenue coming from its education line of business which is designed to ignite the revenue potential of the branding and partnership business lines. Management indicates the branding and particularly the partnership lines of business also have a high potential of contributing revenue next year. Accordingly, management has indicated the possibility that the initial revenue forecast maybe revised upward more than once in the course of 2022. PURA has engaged its first three Farmersville Hemp Brand customers. The customers announced have signed up for PURAs education services. The education services consist of a consultative curriculum customized for each client to design specific strategies for hemp to be incorporated into the clients products and services to enhance their offering with more sustainable, durable and efficient products and services.