Bazelet Health Systems Inc., a Subsidiary of Neon Bloom, Inc. (OTC:NBCO), to Make an Organic Line of its PECSA Ingredient for 2024
- Neon Bloom's entry into the organic food and beverage industry presents potential for growth and new distribution opportunities.
- The global organic food and beverages market is projected to reach USD 564.22 billion by 2030 with a CAGR of 11.7%.
- None.
COLUMBIA, MD / ACCESSWIRE / August 30, 2023 / Neon Bloom, Inc. (OTC PINK:NBCO), announced today that its subsidiary, Bazelet™ Health Systems Inc., will enter the
PECSA™ is a plant-based, water soluble ingredient made from patented cannabis plant extracts that contain a proprietary combination of non-psychoactive Cannabigerol (CBG) and its acidic precursor, Cannabigerolic Acid (CBGA), in addition to other constituents and is intended to be "Generally Recognized as Safe" (GRAS), as regulated by the FDA under the US Food, Drug and Cosmetic (FD&C) Act.
PECSA™ Organic will be made exclusively from federally legal, U.S. patented cannabis plants grown by the Amish community on USDA certified organic farms.
"The global organic food and beverages market is set to achieve a substantial size of USD 564.22 billion by 2030, exhibiting a compelling CAGR of
"Organic is at that right intersection of environmental and personal health," said Organic Trade Association's CEO Tom Chapman. "Organic brings together the interest in human health and a healthy environment, and that offers organic a positive pathway forward and will help organic businesses withstand challenges in the future." "Organic's fundamental values remain strong, and consumers have demonstrated they will come back time and again because the organic system is verified, and better for people, the planet, and the economy."
NBCO Director Fred Luke commented on PECSA™ Organic, saying "The development of an organic version of PECSA™ enhances the value of our intellectual property, provides many new distribution opportunities and positions the company with unique, first to market, organic ingredient with no known competition in a profitable industry niche that will continue to grow for years to come"
About Neon Bloom:
Neon Bloom, Inc. (OTC PINK:NBCO) is a diversified enterprise group, currently engaged in the development of new life-science technologies, technologically improved financial services, and other emerging business sectors. Beginning in 2020 NBCO began to expand its leadership team and its investments in new acquisitions; in 2021 it acquired Bazelet Health Systems, Inc. ("Bazelet™") in an all-stock transaction, and currently operates Bazelet as a wholly owned subsidiary. The Company intends to make additional acquisitions in the near future utilizing shares of its common stock, non-convertible promissory performance-based notes, and cash as is available.
About Bazelet Health Systems, Inc:
Bazelet™, is the licensed US plant patent, trademark, and manufacturer of PAN2020, the world's first patented cannabis plant (US Plant Patent number US PP32,725 P2). PAN2020 is a new and distinct variety of cannabis sativa (L.) plant and contains
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Forward-Looking Statements:
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SOURCE: Neon Bloom Inc.
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