The potential of European distribution beyond the initial $4 million projection warrants the establishment of a local bottling capacity.
DALLAS, Oct. 31, 2019 (GLOBE NEWSWIRE) — via OTC PR WIRE – Puration, Inc. (USOTC: PURA) today announced making an offer to acquire a company headquartered in Germany as part of a strategy to bottle locally.
PURA recently announced a distribution agreement in Europe for its EVERx CBD Sports Water with other CBD infused beverages to follow.
The initial agreement is estimated to add $4 million in sales next year.
Management indicates that the potential of European distribution beyond the initial $4 million projection warrants the establishment of a local bottling capacity.
