PURA: The Next Marijuana High (ha-ha) Flyer; $1.00 PPS Potential (fingers-crossed)
Austin, Tx - Jul 11, 2016 – Wolf Wrangler has been watching Puration, Inc. (PURA) for a while now and Friday, they put out a subtle little post on their website that we believe is the first tremor of a major movement from $0.03 to as high as $1.00 PPS.
Yes, we see the PURA PPS as the next marijuana sector ‘HIGH’ flyer (please forgive our pun). After the PURA post on Friday, the PPS spiked to $0.06 and closed still up 30% for the day at $0.04. Today, the stock is starting to get more attention in the way of more trading volume. If PURA continues on its current path combined with a little good fortune (fingers-crossed), at only 50 million shares issued and out, a $1.00 PPS is a distinct possibility.
A Marijuana Sector Rally In The Works With PURA In The Lead
Check out the Wolf Wranger site (http://www.wolfwrangler.com/) and you will see we have been talking about a coming Marijuana sector rally and PURA’s potential to lead the rally. The sector performance has been lackluster for about a year, but with a recent increase in industry news and rumors of marijuana rescheduling by the DEA, we think some marijuana sector news will hit any day now and trigger a sector-wide rally.
PURA Collaboration Agreements Compared to GWPH Collaboration Agreements
The cannabis industry sweetheart at the moment is GW Pharmaceuticals (GWPH) with a $2 B market-cap and the vast majority of its reported revenue in the form of future cash to come through ‘collaboration’ agreements with drug distributors. We see PURA implementing a business strategy similar to GWPH. PURA has already signed collaboration agreements of its own.
PURA Patent Compared to GWPH Patent
Also, like GWPH, PURA has a U.S. Patent for cannabis extraction. GWPH has gone on to secure additional Patents surrounding various extracts derived from its proprietary extraction process. PURA has already piloted a number of various extracts targeted toward specific applications. We anticipate additional PURA Patent applications to be forthcoming.
PURA Setting Itself Apart From GWPH With Recreational Extracts
PURA is setting itself apart from GWPH by immediately pursuing the legal recreational marijuana sector with its Patented extraction process. PURA is in negotiations now to purchase and open an extraction facility in Colorado.
We believe the PURA post from Friday that made the first market tremors as the first release in a series of news releases coming from the Company. PURA has a new website and has recently expanded its Twitter following to over 1,000. PURA looks ready to launch.
Friday News: PURA: A Little Dab’ll Do Ya
PURA website: www.purationinc.com