PAOG Targets September 2021 To Introduce CBD Nutraceuticals To Market Co-Packed By ALKM and Marketed Through USMJ
March 16 2021 - 9:17AM
InvestorsHub NewsWire
Sandusky, OH --
March 16, 2021 -- InvestorsHub NewsWire -- PAO Group, Inc.
(USOTC:
PAOG) today released details on the company’s nutraceutical
developments initiative following last week’s introduction of
adding CBD RELAX-RX to existing CBD RespRx developments. The
details today are highlighted by the company’s September 2021
go-to-market target date with nutraceutical co-packing to be
conducted by Alkame Holdings, Inc. (USOTC:
ALKM) and product marketing to be conducted by North American
Cannabis Holdings, Inc. (USOTC:
USMJ).
PAOG is building
a comprehensive CBD nutraceuticals strategy to enhance its
long-term CBD pharmaceutical strategy. Management recognizes the
long-term, investment and research intensive nature of developing a
pharmaceutical product and has added the nutraceutical strategy to
accelerate the company’s opportunity to achieve revenue starting in
2021.
Last year,
PAOG acquired
RespRx from Kali-Extracts, Inc. (OTC
Pink: KALY). RespRx is a CBD treatment under development for
Chronic Obstructive Pulmonary Disorder (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."
PAOG anticipates
soon announcing new breakthroughs in its CBD RespRx pharmaceutical
research.
PAOG is on track
to introduce its first two CBD nutraceutical products in September
of this year, 2021. One CBD nutraceutical product will target
the COPD market and the second will target the anxiety and
depression market.
In addition to
PAOG’s ongoing CBD nutraceutical technical developments in Puerto
Rico, PAOG expects to soon announce an additional research
partnership to accelerate and expand its CBD developments
initiative.
PAOG is working
closely with ALKM and USMJ to package and market its first two CBD
nutraceutical products and anticipates a number of announcements
between now and September to introduce packaging and marketing
progress and prepare the market for the September product
launch.
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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