UCASU Moves To Fund Multiple Cannabis Real Estate Projects Starting With PURA
28 Octubre 2021 - 11:15AM
InvestorsHub NewsWire
Dallas, TX --
October 28, 2021 -- InvestorsHub NewsWire -- UC Asset LP
(OTCQX:
UCASU) and Puration, Inc. (USOTC:
PURA) today announced entering into a letter of intent
outlining terms for UCASU to finance the construction of
PURA’s Farmersville Hemp
Brand facilities on PURA’s 72 acre property in
Farmersville, Texas. UCASU also plans to provide financing to
PURA’s Farmersville Hemp Brand
partners.
PURA has
launched an initiative to build a cooperative of hemp growers and
processers all selling under one brand name, Farmersville Hemp,
similar to the way that Sun-Maid
Raisins collectively markets for growers all selling
under one brand name.
Now, as part
of UCASU’s recently announced overall strategy to enter the
cannabis real estate market, UCASU plans to finance the
construction of the Farmersville Hemp Brand facilities. A
definitive agreement is anticipated to be completed next
week.
UCASU also
plans to partner with PURA to offer real estate financing to PURA’s
Farmersville Hemp Brand
partners.
PURA has
already established Farmersville Hemp Brand partnerships with North
American Cannabis Holdings, Inc. (USMJ), PAO Group, Inc. (PAOG)
and Alkame Holdings, Inc. (ALKM).
Look for more
information on UCASU and PURA’s real estate partnership plans next
week with the anticipated announcement of a definitive
agreement.
About UC Asset
LP
UC Asset LP is
a limited partnership formed for the purpose of investing in real
estate with innovative strategies, concentrating in metropolitan
areas of Atlanta, GA. For more information about UC Asset,
please visit: www.ucasset.com
Disclaimer:
This News
Release contains forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995. These
forward-looking statements involve known and unknown risks,
uncertainties and other important factors that could cause our
actual results, performance or achievements, or industry results,
to differ materially from any these statements. You are cautioned
not to place undue reliance on any those forward-looking
statements. Except as otherwise required by the federal securities
laws, we undertake no obligation to publicly update or revise any
forward-looking statements after the date of this news release.
None of such forward-looking statements should be regarded as a
representation by us or any other person that the objectives and
plans set forth in this News Release will be achieved or be
executed.
For More Information
Contact:
Christal
Jordan
Executive Director
UC Asset LP
cjordan@ucasset.com
678-499-0297
For more information on Puration,
visit http://www.purationinc.com
Puration, Inc.
Brian Shibley,
info@aciconglomerated.com
(800)
861-1350
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