Puration has licensed a patented process for extracting cannabinoids from the cannabis plant. The company is in negotiations to open an extraction facility in California in partnership with an operator located in California.
Today the company produces and markets a CBD Infused Sports Water. Puration introduced EVERx CBD Infused Sports Water earlier this year in March at Arnold Schwarzenegger's Annual Arnold Sports Festival (formerly the Arnold Classic) in Columbus, Ohio. The Arnold is host to more athletes than the Olympics with over 70 sporting events and over 18,000 athletes. EVERx CBD Infused Sports Water was featured in September at Joe Weider's Olympia Fitness and Performance Expo In Las Vegas. EVERx CBD Infused Sports Water is also now on shelves at Drug Emporium. The company recently announced adding Strawberry Kiwi and Lemon Lime flavors to its EVERx CBD Infused Sports Water. EVERx has become a leading brand name in the CBD infused marketplace and one of the only CBD infused products in the sports nutrition marketplace.
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.