Priority Aviation, Inc. (OTC Pink: PJET) (“PJET”) today announced the company has partnered with Puration, Inc. (OTC Pink: PURA) to build student housing from hemp.
PJET is a technology company focused on student life. The company’s core technology is its soon to be launched Student Housing By Owner (SHBO) APP designed to connect communities local to college campuses with students through an APP similar to Airbnb and VRBO but specific to the college community. PJET plans to evolve the relationship with the students into a lifelong relationship that extends beyond graduation providing a more socially conscious Amazon alternative.
PJET is building its own pilot student housing project in Texas near a small prominent, college campus to build first-hand experience that can be added to the ongoing development of the company’s SHBO APP.
PURA has launched its Farmersville Hemp Brand to usher industrial hemp solutions into the market and contribute to the net zero, 2050 global carbon neutrality goal.
Part of the Farmersville Hemp Brand strategy is targeted at disrupting the $600 billion global lumber market.
Hemp is a textile and lumber industry disruptor. Hemp fiber is an alternative to cotton and traditional construction lumber that in fact has many characteristics superior to cotton and traditional lumber before considering the environmental benefits of using hemp. Hemp grows faster than cotton and hard wood forests, uses less water and absorbs more carbon. Hemp can be used in the production of bioplastics and has even been tested for use in supercapacitors which hold the potential to outperform batteries and do so with far less detriment to the environment.