PAO MMJ Alternative Medicine Centers of America Positioned for Explosive Growth; Exclusive Corporate Ownership on All Locations
June 11 2018 - 1:17PM
InvestorsHub NewsWire
PAO MMJ Alternative Medicine Centers of
America Positioned for Explosive Growth with Exclusive Corporate
Ownership on All Locations
Company Announces New Location Openings in Florida and Ohio
with Sites Set on Pennsylvania for National Expansion
SANDUSKY, OH -- June 11,
2018 -- InvestorsHub NewsWire -- PAO Group, Inc. (OTC:PAOG),
a physicians
practice management company, focused on the proper use of cannabis
for treatment of chronic pain, opioid addictions, and terminal
patients, is pleased to announce that its Alternative Medicine
Centers of America (https://altmedcenters.com/)
affiliate
locations have been converted to corporate-owned locations toward
expedited growth and immediate increase in revenues.
VP of
Operations Christopher Will states: "In addressing a pull back on
profits for Q4 2017, execs and Board alike have agreed that we have
a unique opportunity to take full ownership of new and existing
affiliate locations toward an immediate increase in profit margins
and overall shareholder value while maintaining consistency in
terms of unparalleled quality in care, service and state-of-the-art
medicinal therapy."
"As well,
all agreements in place with former affiliate owners include
non-compete clauses which protect us from competition in the space
as we follow an assertive plan for expansion in Florida, Ohio,
Pennsylvania and others."
COO Art Hall
adds, "We are thrilled to announce even more locations opening over
the summer. We have Orange Park and Jacksonville, FL locations
opening this month (June), and Jacksonville Beach opening in July.
We could not be more excited about the potential here as we are
also wrapping up physician licensing for our Toledo and Dayton Ohio
locations, after which point we anticipate a minimum of 25-35
patients per doctor day."
"We have
also identified three locations in Pennsylvania that will be ideal
in line with our plans for expansion and we'll be finalizing
details there in wake of the openings in Florida and Ohio. Many
people have asked us about legalization of recreational marijuana
and how it could affect our business model. To that, we look for
other states that have already been down this roadNevada, Colorado,
Washington and Oregon. In every case, medicinal marijuana continues
to thrive because it is provided at a lower cost and without age
restrictions. As well, the cost of maintaining a medical marijuana
card is less than the 20-35% tax hike on recreational
marijuana."
PAO Group is
also working on a contract with a renown digital marketing firm to
assist with public relations and marketing in line with its
continued growth.
Visit our website
at: www.PAO.Group Contact
us: info@pao.group or 1-888-PAO-Group "Like"
and "Share" PAO Group on Facebook/paogroupinc
and follow us
on Twitter @paogroup
Forward-Looking
StatementsCertain 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:
info@pao.group
1-888-PAO-Group
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