PAOG Cannabis Pharmaceutical and Nutraceutical 2021 Strategy Update Targeting $50 Billion Market Scheduled Thursday Jan 14, 2...
January 11 2021 - 11:10AM
InvestorsHub NewsWire
Sandusky, OH -- January 11, 2021 --
InvestorsHub NewsWire -- PAO Group, Inc. (USOTC:
PAOG) today announced an update covering the company’s 2021
cannabis pharmaceutical and nutraceutical development outlook is
scheduled this Thursday Jan 14th,
2020.
In 2020, PAOG acquired a hemp cultivation
business from Puration, Inc. (USOTC:
PURA) and RespRx from
Kali-Extracts, Inc. (OTC
Pink: KALY). RespRx is a cannabis treatment under
development for Chronic Obstructive Pulmonary Disease (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."
The global
asthma and COPD market is expected to reach $50
billion by 2022.
PAOG recently
announced a key contract with a Contract Research Organization
(CRO) to advance the company’s RespRx formula through the process
to becoming an approved pharmaceutical
treatment.
The company also recently confirmed that
the company expects to realize and report in Q4 2020 the first
revenue from assets acquired in the course of
2020.
Look for the
update this Thursday to learn
more.
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
888-272-6472
info@pao.group
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