Cannabis Sector on Fire This Week While CBD Infused Products Becoming More Mainstream

PALM BEACH, Florida, October 16, 2018 /PRNewswire/ --

Financialnewsmedia.com News Commentary 

The Cannabis and legal marijuana industry craze is poised to reach new heights this week days before Canada legalization takes effect. It also has become apparent that CBD is the driving force that has allowed cannabis to go mainstream as a variety of big-name companies and investors continue to dump millions into the development of CBD-based products. The investment by large corporations, covered by media outlets across the globe, has inspired confidence in the long-term outlook of the cannabis industry. CBD-based beverages are garnering all of the attention due to the recent headlines of Coca-Cola potentially getting involved in the space, but the reality is there are a number of CBD-based products that are already generating consistent and strong revenues on a daily basis. Already a $1 billion market, CBD has staying power and is not anticipated to experience slowed growth at any point in the near future. Active Companies from around the market with current developments this week include: Puration Inc. (OTC:PURA), Cronos Group Inc. (NASDAQ:CRON) (TSX:CRON), Medical Marijuana Inc. (OTC:MJNA), PotNetwork Holdings Inc. (OTC:POTN), MedMen Enterprises Inc. (OTC:MMNFF) (CSE:MMEN).

Puration, Inc. (OTCPK:PURA) BREAKING NEWS: Puration today announced a podcast interview of Puration CEO Brian Shibley released by Goldman Small Cap Research. The interview provides an in-depth overview of where the CEO sees Puration in the cannabis infused beverage space as major beverage companies start to show interest and move into the market. Hear the CEO discuss the recent interest in Puration's EVERx CBD Sports Water shown by LA Libations, the key innovation partner of The Coca-Cola Company. Coca-Cola owns a minority stake in LA Libations. Also, here the CEO discuss Puration's ongoing and developing relationship with Europa Sports Products, the leading distributor of nutritional sports supplements, sports drinks and accessories in the United States.

To listen to the interview, along with reading associated disclosures and disclaimers, visit http://www.goldmanresearch.com/201810151213/Opportunity-Research/puration-ceo-interview.html

Puration Interview Highlights - Puration, Inc. is a leading Texas-based, CBD-infused beverage provider. The Company's flagship product, EVERx, which was introduced in 2017, targets the sports nutrition market. Puration plans to introduce new beverages as well as grow its product portfolio organically as well as through targeted acquisitions. As of October 2018, the Company spun off its cannabis cultivation segment to focus its efforts exclusively on its high-growth core CBD-infused beverage business.