PAOG Announces Imminent Launch Of First CBD Nutraceutical Product Line - Q4 Sales Projected With Rapid Revenue Growth Anticipated To Follow
13 10월 2021 - 12:53AM
InvestorsHub NewsWire
Sandusky, OH --
October 12, 2021 -- InvestorsHub NewsWire -- PAO Group, Inc.
(USOTC:
PAOG) today announced the company expects to realize its first
CBD nutraceutical product sales beginning imminently in Q4,
2021.
The company
confirms shipping its first CBD nutraceutical product to its
distribution partner, North American Cannabis Holdings, Inc.
(USOTC:
USMJ).
PAOG plans to
announce specifics about its first CBD nutraceutical product in an
upcoming formal product launch announcement once the distributor is
set up to begin sales and
distribution.
PAOG expects
revenue to grow rapidly following its first CBD nutraceutical
product launch as the company has follow on products lined up to
follow the first product adding to overall sales
potential.
PAOG is
developing CBD pharmaceuticals 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.
Learn more
about USMJ’s ecommerce site at www.usmj.com.
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) 979-2675
info@pao.group
PAO (PK) (USOTC:PAOG)
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