Published: October 12, 2021 10:48 AM MDT|Updated: 56 minutes ago
DALLAS, Oct 12, 2021 / PRNewswire / – Puration, Inc. (USOTC: PURA) (“PURA”) partners hemp processing and cultivation partnerships to form an industrial hemp brand cooperative under the Farmersville Hemp brand. In the way that Sun-Maid collectively markets Raisins to growers who all sell under one brand name, PURA plans to jointly market several hemp growers and processors under the Farmersville Hemp brand.
Today Forbes published an article on Levi’s current and growing use of hemp in its blue jeans:
Levi’s wants to use more hemp for its fashion collections
Levi’s 501 blue jeans – Getty Images
Levi’s wants to use more hemp for its fashion collections. (PRNewsfoto / Puration, Inc.)
Photo – https://mma.prnewswire.com/media/1658297/Puration_Levi.jpg
PURA’s Levi’s Hemp Initiative is a prominent example of the general market opportunity for hemp.
The entire global industrial hemp market was estimated at $ 5 billion in 2019 and is expected to grow up $ 36 billion by 2026.
A key strategy of the Farmersville Hemp Brand joint marketing initiative is to deliver focused, hands-on seminars to established companies with existing non-hemp products and to demonstrate to these established companies how hemp can be used to innovate their existing product lines.
The company recently broke ground on its 70 acre property in Farmersville Texas. A construction platform has been approved for the construction of several buildings, in which PURA will facilitate the practical marketing of a large number of products that can be obtained from hemp.
The Farmersville Hemp Brand Facility will host client companies for seminars to demonstrate hemp processing and how hemp can be used as a natural, inexpensive, and even superior alternative to currently available building materials, nutraceuticals and pharmaceuticals, clothing, fuels and plastics – um to name just a few. According to one source, more than 25,000 products can be made from hemp.
PURA does not plan on completing the construction work in. waiting Farmersville his seminars begin. PURA intends to complete its hemp innovation curriculum shortly and start its first seminars in the fourth quarter of 2021.
For more information on Puration, please visit http://www.purationinc.com
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