PURA and KALY CBD Infused Beverages and Confections Validated With Chips Ahoy and Nilla Wafers
DALLAS, May 03, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Puration, Inc. (USOTC: PURA (“PURAâ€) and Kali-Extracts (Kali, Inc. aka Kali-Extracts) (KALY) (“KALYâ€) today issued a joint communication to shareholders regarding the news about Mondelez International adding CBD to some of its products. News out yesterday reported that Mondelez International, the maker of Chips Ahoy, Oreo, Cadbury chocolate, Nilla Wafers and Nutter Butter cookies, is considering adding CBD to some of its products.
"Yes, we’re getting ready, but we obviously want
to stay within what is legal and play it the right way,†Van de Put
[Mondelez CEO Dirk Van de Put] told CNBC.
PURA has the only license of U.S. Patented Cannabis Extraction
process owned by KALY. PURA now has two years of experience
producing and refining a CBD infused beverage, EVERx CBD Sports
Water. PURA has worked closely with KALY to refine its EVERx CBD
Sports Water into the leading CBD infused beverage in the sports
nutrition market in addition to developing new CBD infused
beverages to be introduced soon. PURA reported over $1 million in
sales in 2018. With PURA contributing production experience and
capacity, KALY has introduced its own CBD infused confections under
the brand name Hemp4mula starting first with Hemp4Mula gum. PURA’s
EVERx CBD Sports Water and KALY’s Hemp4mula gum are available for
sale today online at www.USMJ.com. The USMJ
Ecommerce site comes from North American Cannabis Holdings, Inc.
(aka USMJ) (USMJ) (“USMJâ€).
PURA and KALY continue to work closely together on their years long
strategy to introduce leading CBD infused products to market.
Management of the two companies see the Mondelez news as a
validation of PURA and KALY’s business strategies and
progress. Management of the two companies anticipate that
developments such as the recent news from Mondelez will bode well
for PURA and KALY in the form of garnering new investment to fuel
business expansion and in regard to growing consumer demand for CBD
infused products.
To learn more about the two companies visit:
www.kali-extracts.com
www.purationinc.com
Disclaimer/Safe Harbor:
This news release contains forward-looking statements within the
meaning of the Securities Litigation Reform Act. The statements
reflect the Company's current views with respect to future events
that involve risks and uncertainties. Among others, these risks
include the expectation that any of the companies mentioned herein
will achieve significant sales, the failure to meet schedule or
performance requirements of the companies' contracts, the
companies' liquidity position, the companies' ability to obtain new
contracts, the emergence of competitors with greater financial
resources and the impact of competitive pricing. In the light of
these uncertainties, the forward-looking events referred to in this
release might not occur. These statements have not been evaluated
by the Food and Drug Administration. These products are not
intended to diagnose, treat, cure, or prevent any
disease.
Contact:
Puration, Inc.
Brian Shibley,
[email protected]
(800) 861-1350
Frederick Ferri
[email protected]
(214) 210-0459
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/ce941aee-c4f7-4609-9524-1f34c774b0fd