New York, NY -- February 25, 2020 -- via NextBigTicker.com


Puration, Inc. (USOTC:PURA) opened up today from yesterday’s close as the PPS continues to show signs that it could potentially experience one of its historic periodic PPS surges.  PURA hit $0.09 last September after trading in the $0.04 range days prior.  Last March, PURA hit $0.15 after trading in the $0.06 range days prior.  Yesterday, PURA received a BUY recommendation from AmericanBulls, a BULLISH rating from BullishInvestor and a VERY BULLISH rating from StockTA.  Though the PPS did not see a strong increase yesterday, it did manage to maintain its $0.03 range and not lose any ground in one of the biggest market wide down day performances in the last two years.  With the market recovering today from yesterday’s COVID-19 reaction, PURA is again well positioned to see the PPS continue to climb.

The PURA PPS recently experienced a retrace from just shy of $0.05 to $0.03.  The retrace was a healthy consolidation with less than half the volume of the climb the week earlier.  PURA is showing clear signs that is ready to restart one if its periodic breakout climbs that could see the PPS run back to its $0.15 52-week high.  A PURA PPS accelerated climb could be triggered at any moment news from the company’s recently launched acquisition campaign.

MarketWatch

“U.S. stocks rallied at the market open Tuesday as investors attempted to assess growing headwinds like the spread of COVID-19 outside China against the backdrop of positive economic growth.

Global stocks were hammered Monday, with the Dow Jones Industrial Average and S&P 500 index charting their biggest one-day percentage losses in more than two years.”

PURA has recently launched an acquisition campaign fueled by a $5 million investment.  The company has announced that it expects to close the acquisition of a CBD Infused Pet Products operation later this week.

Analyst Speculative Buy and $0.35 PPS Target
 

PURA recently announced a next iteration of an ongoing CBD consumer survey conducted by Goldman Research on behalf of PURA to gauge and refine the company’s ongoing approach to the CBD consumer market. 

The Goldman CBD consumer survey included a PURA speculative BUY recommendation and at $0.35 target PPS.  PURA closed yesterday at $0.29.  Realizing the target PPS could deliver a 1000% ROI. 

The full CBD consumer survey update can be viewed at GOLDMAN CBD SURVEY.

Other cannabis stocks that appear to be enjoying today’s rally include Hemp (HEMP), Medical Marijuana (MJNA) and KushCo Holdings, (KSHB).

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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.

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