Puration, Inc. and Kali-Extracts to provide shareholders with more details on PURA's recently implemented program to introduce CBD infused versions of existing third-party beverages. PURA has recently announced plans to introduce a CBD infused beer in partnership with an existing beer producer. In similar fashion, PURA is partnering with an existing coffee producer to introduce a CBD infused coffee.

PURA is announcing a third partnership development to introduce CBD infused tea. Additional partnerships are in the works. PURA is a leading CBD infused beverage company having produced over $1 million in CBD Beverages in the United States last year.

PURA has targeted $4 million in sales for 2019. The partnership approach has multiple benefits. The key benefits include the accelerated growth opportunity made possible by introducing a CBD infused beverage into the existing market that exists for the beverage of the third-party.

The third-party is motivated to participate in the partnership in order to leverage PURA's extraction and infusion experience. Ultimately, the third-party is eager to expand their existing customer base by tapping into the market demand for CBD products. Another instrumental benefit for PURA and KALY comes from tapping into the FDA experience of the third-party partner.

PURA is admittedly a young company with limited FDA experience. CBD is clearly a complicated topic when it comes the FDA. Instead of going it alone, the third-party partnership strategy brings years of FDA experience to PURA in navigating a dynamic and complicated environment.

As part of the third-party strategy, PURA will refrain from disclosing the partnership details prematurely. PURA and the third-party partners will work diligently to address the complications of bringing CBD infused beverages to market before disclosing too many details that might make complicated matters even more complicated.