DALLAS, October 21, 2016 /PRNewswire/ --
Puration, Inc. (PURA) and Colorado based Spanish Peaks ScumpDelicacies today announced the Spanish Peaks Cannabis Infused Beverage Naming Contest Winners.
The first place name is CannaCola. The second place name is CannaBliss and in third place, Canna Pur.
Three winners will receive a one year supply of the beverage produced under the name the winner submitted.
Puration and Spanish Peaks recently entered into a $1 million collaboration agreement to produce and co-market THC and CBD infused beverages.
In conjunction with the collaboration agreement, Spanish Peaks launched a contest online inviting the public to propose and promote names for the first cannabis infused beverages.
Puration utilizes a highly refined cannabis extraction process to deliver consistent and high-quality cannabis extracts. Puration recently announced an independent lab test certifying Puration CBD extract at 98% purity. The Company's business strategy is to develop collaboration agreements with food and beverage companies to co-market food and beverage products infused with Puration's cannabis extracts. Puration has published a business plan with a $3 million revenue forecast on the Company's website.
Spanish Peaks ScrumpDelicacies is a venture backed startup dedicated to building cannabis consumer product production capacity in the Southern Front Range Region of Colorado. After the Southern Colorado Town of Walsenburg was featured in a USA TODAY report last year as a potentially ideal region for the evolving cannabis industry yet underserved by the investment community, the Spanish Peaks ScrumpDelicacies initiative was born.
Stay tuned for coming announcements for details on the production and marketing of the contest winning beverages.
To learn more about Puration: http://www.purationinc.com
Follow Puration on Twitter: https://twitter.com/Puration710
Visit Puration on Facebook: https://www.facebook.com/puration/
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
Brian Shibley, CEO
SOURCE Puration, Inc.