PAOG Taps Canopy Growth And Altria Resource
October 05 2020 - 11:24AM
InvestorsHub NewsWire
Sandusky, OH -- October 5, 2020 --
InvestorsHub NewsWire -- PAO Group, Inc. (USOTC:
PAOG) today confirmed engaging Saul
Kaye the
founder of iCAN (www.israel-cannabis.com) and
CannaTech (www.canna-tech.co) to provide an
independent review of PAOG’s RespRx
research for the treatment of
Chronic Obstructive Pulmonary Disease
(COPD), and to help prepare RexpRx for engaging with a
contract research organization (CRO) to advance an investigational
New Drug application (IND) with the Food and Drug Administration
(FDA).
Saul Kaye is a global influencer in the
medical cannabis industry, a widely respected speaker on cannabis
industry movements and has been engaged in the past by other
notable cannabis industry participants including Alvit, Canopy
Growth (CGC),
Altria and many other global cannabis
companies.
Saul is a
licensed pharmacist and a serial entrepreneur with both retail and
e-commerce experience. He has founded multiple companies spanning
six countries across the US, Europe, Israel and
Australia.
On July 30, 2020, PAOG acquired RespRx
from Kali-Extracts, Inc. (OTC
Pink: KALY). RespRx is a cannabis treatment under
development for COPD derived from 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.”
In an initial scientific evaluation as a
treatment for COPD, RespRx has demonstrated effecting significant
increases in respiration rate, tidal volume and inspiratory air
flow rate. Overall data from the evaluation demonstrated that
RespRx can significantly improve inspiratory lung functions in
instances of moderate pulmonary
fibrosis.
With RespRx now in house, PAOG has engaged
multiple new experts from both the university and commercial
medical research community to evaluate the RespRx formula, the
formulation process and the test
results.
The expert evaluation has reviewed RespRx
in conjunction with other publicly available cannabis treatment
research. Two studies in particular, both of which highlight
the research behind GW Pharmaceuticals’ cannabinoid treatments,
shed light on PAOG’s wider opportunity stemming from RespRx, the
process to derive RespRx and the clinical trials to date behind
RespRx.
One of the two studies is focused on CBD
and the other on THC. The research seems to indicate CBD has
both an impact on hyper-immune responses that might result in
conditions like a cytokine storm
which impacts many COVID-19 patients, and positive stimulation of immune
responses that fight bad cells. The THC report seems to
validate its ability to relieve pain, but it also
indicates immune response manipulation capabilities
to include anti-inflammatory reactions and the stimulation of
immune responses to fight bad
cells.
CBD Research
- https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7173676/
THC Research
- https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6219460/
In summary, existing publicly available
cannabis treatment research further supports the research findings
behind RespRx, and at the same time, the publicly available
research sheds light on the expanded potential of PAOG’s RespRx
overall technology.
The growing body of cannabis research is
building convincing evidence behind how specific cannabinoids can
beneficially impact specific immune responses. The research
behind RespRx demonstrates how the process to derive RespRx can be
manipulated to target specific cannabinoid extractions.
Accordingly, as advancing cannabis research unveils further
evidence behind how specific cannabinoids beneficially impact
specific immune responses, PAOG is optimistic that it can utilize
its overall cannabis extraction process to effectively derive
formals with high concentrations of target cannabinoids.
Hence, PAOG sees a more broad future of developing cannabis
treatments beyond COPD.
In
conjunction with PAOG’s acquisition of RespRx, the company also
recently acquired a hemp cultivation business from Puration, Inc.
(USOTC:
PURA) to develop a proprietary cultivar to support PAOG’s
cannabis pharmaceutical treatment
objectives.
PAOG has announced plans with PURA to expand upon
PAOG’s hemp cultivation business to develop a proprietary hemp
cultivar. PAOG and PURA are partnering on PURA’s Farmersville Brands
initiative.
PAOG's Farmersville cultivar development
operation will include a lab and an environmentally controlled
indoor growing facility. PAOG is working with current
cultivars to evolve and produce an ideal plant with full spectrum,
high CBD yields to support ongoing RespRx development and to
support future CBD pharmaceutical
developments.
PAOG is exploring opportunities to engage with
university research in partnership with its hemp cultivar
development initiative.
PURA recently announced a year long initiative to
transition PURA from a CBD sports beverage manufacturer into a hemp
conglomerate built on lifestyle brand with a broad CBD consumer
products reach, and a leading industrial hemp initiative. The
brand name is Farmersville Brands and as part of their strategy,
PURA has entered into a letter of intent (LOI) agreement to acquire
72 acers of agricultural property in Farmersville, Texas.
PURA's year long initiative includes plans to see the Farmersville
Brand strategy infused with a $100
million investment.
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
888-272-6472
info@pao.group
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