PAOG Announces Market Launch Of First CBD Nutraceutical To Take Place On Monday October 18th
PAO Group, Inc. (OTC Pink: PAOG) is launching its first CBD nutraceutical product on October 18, 2021, expecting to generate its first sales in Q4, 2021. The company has begun shipping this product to its distribution partner, North American Cannabis Holdings, Inc. (OTC Pink: USMJ). PAOG anticipates rapid revenue growth following this launch, with additional products planned. The company utilizes a patented cannabis extraction method to develop its CBD pharmaceuticals and nutraceuticals. The CBD nutraceutical market, valued at $5.2 billion, is expected to reach $16.4 billion by 2027.
- Launch of first CBD nutraceutical product on October 18, 2021.
- First sales expected in Q4 2021.
- Partnership with North American Cannabis Holdings for product distribution.
- Rapid revenue growth anticipated post-launch with additional products planned.
- Utilizes patented cannabis extraction method for product development.
- None.
Sandusky, OH, Oct. 14, 2021 (GLOBE NEWSWIRE) -- PAO Group, Inc. (OTC Pink: PAOG) today announced the market launch of its first CBD Nutraceutical is schedule to take place on Monday, October 18th, 2021.
PAOG 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. (OTC Pink: USMJ).
PAOG plans to announce specifics about its first CBD nutraceutical product in the upcoming formal product launch announcement on Monday, October 18th, 2021.
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
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
