PAOG Scheduled To Launch 2nd CBD Nutraceutical Product This Thursday

Rhea-AI Summary

On October 19, 2021, PAO Group announced the launch of its first CBD nutraceutical product, RelaxRX CBD, intended as a sleep aid. The company plans to introduce a second product on October 21, 2021, and anticipates generating its first revenue in Q4 2021 after acquiring intellectual property related to CBD extraction. PAOG has confirmed the shipping of its products to North American Cannabis Holdings, which will sell them online. The company expects to grow revenue significantly with follow-on products lined up for launch.

Positive

• Launch of first CBD nutraceutical product, RelaxRX CBD.
• Company expects first revenue generation in Q4 2021.
• Confirmed shipping of products to distribution partner.
• Plans for additional follow-on products to enhance sales potential.

Negative

• None.

Sandusky, OH, Oct. 19, 2021 (GLOBE NEWSWIRE) -- PAO Group, Inc. (OTC Pink: PAOG) yesterday announced the launch of its first CBD nutraceutical product, RelaxRX CBD, a sleep aid.

The company plans to launch its second CBD nutraceutical product on Thursday this week, October 21^st, 2021.

PAOG is on track to realize its first revenue this year, starting in Q4 2021, since the company acquired intellectual property derived through research into CBD extracted in association with a patented extraction method (U.S. Patent No. 9,199,960). PAOG is developing both pharmaceutical and nutraceutical treatments base on this intellectual property.

PAOG has confirmed shipping its first and second CBD nutraceutical product to its distribution partner, North American Cannabis Holdings, Inc. (OTC Pink: USMJ).  The product will soon be for sale online at www.USMJ.com.

PAOG expects revenue to grow rapidly following its first and second CBD nutraceutical product launches as the company has follow-on products lined up to follow these products, adding to overall sales potential.

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

FAQ

What is PAOG's new product launched on October 19, 2021?

PAOG launched its first CBD nutraceutical product, RelaxRX CBD, intended as a sleep aid.

When is PAOG's second CBD product launching?

PAOG's second CBD nutraceutical product is set to launch on October 21, 2021.

When does PAOG expect to generate revenue from its products?

PAOG expects to generate its first revenue in Q4 2021.

Who will sell PAOG's CBD products online?

PAOG's CBD products will be sold online by its distribution partner, North American Cannabis Holdings, at www.USMJ.com.

What type of intellectual property does PAOG hold?

PAOG holds intellectual property related to a patented method of CBD extraction (U.S. Patent No. 9,199,960).