Puration, Inc. (OTCMKTS: PURA) today announced that its U.S. Patented Cannabis Extract will be infused into a new beverage. The beverage is being produced by Alkame Holdings, Inc. (OTCMKTS: ALKM).
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PURA continues to grow its cannabis infused beverage business to include both the expansion of the PURA in-house EVERx beverage line in addition to providing extracts for third party beverages. The Company closed its first major retail chain distribution agreement with Drug Emporium for its EVERx CBD Infused Sports Water, and also recently announced its EVERx CBD Infused Citrus Cooler Flavored Sports Water, which is the first of three-planned flavored EVERx CBD Infused Sports Waters.
PURA stock has been rising off a double bottom on its chart at the $0.02 range, and may be setting the stage to retest $0.04 to $0.05 on a technical bases.
But PURA isn’t the only company doing a deal with Alkame Holdings for their own line of cannabis infused water. Real Brands, Inc. (OTCMKTS: RLBD), recently announced it had acquired the Omega Hemp Water trademarks, and Intellectual Property, from ALKM via a controlling interest in a newly created subsidiary.
This subsidiary will focus on developing proprietary formulations and growing the operations and trademark value for Omega Hemp branded beverages, just like PURA has been doing.
“Now that we have moved into our new production and warehouse campus, ALKM is in an excellent position to accelerate RLBD’s launch of Omega Hemp Water,” said Robert Eakle, CEO of Alkame Holdings, Inc. “We also look forward to working with RLBD to create a proprietary blend of ingredients for them as they develop additional flavors and products utilizing our patented water process.”
For a comparison some of the players in the CBD and cannabis infused water sector are Rocky Mountain High Brands (RMHB), Puration (PURA), and Real Brands (RLBD).
RMHB – $53 million
PURA – $8 million
RLBD – $1.1 million
On a market cap bases RMHB leads the sector with a market value of roughly $53 million, with PURA coming in at $8 million, and RLBD third at just $1.1 million.
RLBD – 70 million
PURA – 340 million
RMHB – 790 million
On share structure side RLBD leads the sector with only 70 million shares outstanding, which is followed by PURA with roughly 340 million.
When comparing these two up and coming players in the CBD infused water sector PURA seems to be further ahead in their production and distribution when it comes to product to market. But on potential upside swing RLBD offers the best value with one of the lowest market cap valuations, but best overall share structure of the group.
Learn More About Puration (PURA) visit: www.purationinc.com
About Real Brands
Real Brands, Inc. (RLBD) is a publicly held company. The Company’s strategy is to build brands and is currently focusing on consumer products brand development and marketing in the legal hemp and cannabis industry. Real Brands, Inc. currently has a super majority controlling equity interest in Omega Hemp Water trademarks and intellectual properties. For additional information go to www.realbrandsusa.com