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Puration Exploring Acquisition of Cannabis Edible, Topical Operations
Company plans to make offer for Kali-Extracts' CBD confections business.
Puration, Inc. is exploring adding cannabis edible and topical operations to its current acquisition targets.
The company recently revealed plans to pursue consolidation opportunities in the cannabis market by acquiring smaller cannabis infusion companies. Multiple cannabis investment market analysts have forecasted a marketwide consolidation as larger cannabis sector firms acquire smaller firms.