Alternative Medicine Centers
of America Growing in Green States at Record Pace with New
Locations in Pennsylvania, Ohio and Florida; Sites Set on Capturing
a Piece of the $9 Billion Industry
Sandusky, OH -- July 2,
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/) have opened two new
Corporate
locations in
Florida (Orange Park and
Jacksonville) with plans for a third
in Jacksonville Beach
in the very near
future. The Orange Park and
Jacksonville locations are already booking up fast with
appointments into August as of last week.
The number
of patients in Florida's medical marijuana registry hit 100,576 in
April, according to the weekly
update from
the Florida Department of Health Office of
Medical Marijuana Use; this
represents an increase of 57 percent since the beginning of the
year.
The going rate for a visit,
which can take 30 to 45 minutes, is $200 to $300.
"Health insurers won't pick
up the tab because cannabis is not approved by the Food and Drug
Administration or legal under federal law", said Cathryn Donaldson, a spokeswoman
for the trade group America's Health Insurance Plans.
"We are thrilled with the
progress on our expansion initiatives and want shareholders to
understand the importance of breaking into certain
states that have legalized Medical
Marijuana," states COO Arthur Hall. "The markets we have chosen are
catalyzed for significant growth and state governments have paved
the road for clinics like ours to claim our stake and build
revenues inside an ecosystem which supports and encourages
businesses like Alternative Medicine
Centers of
America to thrive."
As well, Company execs are
thrilled to announce that they are finalizing the Company's
first
corporate
location lease in White
Oak, a
suburb of Pittsburgh, Pennsylvania.
Initiatives are also
set for
2nd and 3rd locations
in
Pennsylvania immediately to
follow.
Pennsylvania's medical
marijuana program is set to more
than double in size. State officials Thursday
announced the program was entering its second phase, expanding from
12 to 25 cannabis producers and adding 23 more dispensary
operators.
"This is just the
beginning," states Hall. "Many state programs are in their infancy
and PAO Group is at the forefront of the industry with ability to
position our efforts in line with positive progress on the state
level. As markets continue to open and become fertile for
operations, we will be there growing; growing the
company, growing our capabilities and growing our revenues.
Pennsylvania
will be a key market in the near term
among others we
enter into as we continue to expand nationally,"
states Hall.
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