Puration (OTCMKTS:PURA) has today announced the Q1 2018 results. It has reported $287,000 in sales which in an increase by a significant margin considering the $268,000 in sales announced in 2017.
Puration is on track to hitting the $1 million in terms of the annual sales in 2018, something that has been closely linked to the rise in the sales of the Company’s EVERx CBD Infused Sports Water as well as its First Choice Nursery operation.
It was in the first quarter of 2018 that the company reported about its first national distribution contract for EVERx. Asides from that, it also made a report on its second beverage that was set to be unveiled anytime soon. That was the THC infused beverage which would be sold out in the Canadian market and it was called THCSavor.
EVERx and First Choice Nursery sales
One of the officials has disclosed that the EVERx and First Choice Nursery sales were for over quite some time developing pretty nicely. The CEO of Puration Brian Shibley has expressed optimism in the overall growth of the sales and hopes they might rise above the current one plus million-dollar annualized revenue run rate.
An outlook into the future
He agrees that they are indeed a small operation as per now and that makes it pretty difficult to make a prediction regarding the potential future hurdle. The official believes that it is important for all the interested parties to keep their optimism in check.
EVERx is associated with an optimal alkaline pH level which is basically formulated with electrolytes and antioxidants and that means it is able to deliver the most effective hydration with the topmost concentration of CBD available in the alkaline water market.
It was some time ago that the American Cannabis Inc (OTCMKTS:AMMJ) and PURA made the publication of their shareholder update on a website. That particular presentation outlines a significant strategic update targeted at capitalizing on the two company’s successes with the AmeriCanna Café and EVERx CBD Infused Sports Water. The large number of shareholders will soon receive exciting news regarding the updated business plans.