PAOG CBD Nutraceutical Launch Timed To Capture Market Momentum
30 9월 2021 - 12:01AM
InvestorsHub NewsWire
Sandusky, OH --
September 29, 2021 -- InvestorsHub NewsWire -- PAO Group, Inc.
(USOTC:
PAOG) has announced
plans to soon launch a CBD nutraceuticals line of products expected
to generate revenue this year, in 2021. Today the company
highlights CBD industry momentum that could benefit PAOG’s
impending CBD nutraceuticals product
launch.
PAOG is
developing CBD pharmaceutical and nutraceuticals from its
intellectual property associated with a
patented cannabis extraction method - U.S. Patent
No. 9,199,960 entitled "METHOD AND APPARATUS FOR PROCESSING
HERBACEOUS PLANT MATERIALS INCLUDING THE CANNABIS
PLANT."
The 2020
CBD Nutraceuticals Market had an estimated value of
$5.2 Billion, and it is expected to reach $16.4 Billion by
2027.
A recently
published article on the growing CBD market highlights some
“mainstream” company CBD initiatives the PAOG management views as
beneficial to the PAOG CBD nutraceuticals product launch.
PAOG management anticipates “mainstream” initiatives to validate
their own products and even bring more attention to their products
by simply bring more attention to the overall
market.
Growing CBD
Market Lures Mainstream
Businesses
The article
includes mention of Herbalife Nutrition (HLF),
Procter & Gamble Co.(PG),
Aurora Cannabis (ACB)
and recently IPO’d Grove, Inc. (GRVI).
PAOG’s CBD nutraceutical developments stem
from the company’s long-term CBD pharmaceutical initiative built on
a CBD intellectual property acquisition from Nouveau Life
Pharmaceuticals (NOUV).
Learn more about
PAOG at www.paogroupinc.com.
Forward-Looking
Statements: Certain statements in this news release may contain
forward-looking information within the meaning of Rule 175 under
the Securities Act of 1933 and Rule 3b-6 under the Securities
Exchange Act of 1934, and are subject to the safe harbor created by
those rules. All statements, other than statements of fact,
included in this release, including, without limitation, statements
regarding potential future plans and objectives of the company are
forward-looking statements that involve risks and uncertainties.
There can be no assurance that such statements will prove to be
accurate and actual results and future events could differ
materially from those anticipated in such statements. Technical
complications, which may arise, could prevent the prompt
implementation of any strategically significant plan(s) outlined
above. The Company undertakes no duty to revise or update any
forward-looking statements to reflect events or circumstances after
the date of this release.
CONTACT
INFORMATION
Contact Us:
Jim DiPrima
888-272-6472
info@pao.group
PAO (PK) (USOTC:PAOG)
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PAO (PK) (USOTC:PAOG)
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