Published: Oct 20, 2021 at 12:41 PM EDT
SANDUSKY, Ohio, October 20, 2021 / PRNewswire / – PAO Group, Inc. (USOTC: PAOG) announced today that the company is working on the development of CBD products for pets and could launch its first product before the end of the year.
The pet product market is going to be over. estimated $ 100 billion per year.
Last year, the company acquired intellectual property derived from research into CBD extracted in conjunction with a patented extraction method (U.S. Patent No. 9,199,960). Based on this intellectual property, PAOG develops both pharmaceutical and nutraceutical treatments for humans. Today the company announced for the first time that it is also developing CBD products for pets.
On Monday of this week, PAOG announced the launch of its first CBD nutraceutical RelaxRX CBD, a sleep aid.
The company plans to launch its second CBD nutraceutical product on Thursday this week. October 21st, 2021.
PAOG is well on its way to starting revenue this year from the fourth quarter of 2021 after acquiring the extraction technology.
PAOG has confirmed that its first and second CBD nutraceutical products will be shipped to its distributor North American Cannabis Holdings, Inc. (USOTC: USMJ). The product will soon be available online at www.USMJ.com.
PAOG anticipates sales will grow rapidly after the first and second CBD nutraceutical product launches, as the company has pursued products that target those products and increase the overall sales potential.
Learn more about the USMJ e-commerce site at www.usmj.com.
Learn more about PAOG at www.paogroupinc.com.
Forward-Looking Statements: Certain statements in this press release may contain forward-looking information within the meaning of Rule 175 of the Securities Act of 1933 and Rule. contain 3b-6 under the Securities Exchange Act of 1934 and subject to the safe haven created by these rules. All statements in this press release, other than statements of fact, including, but not limited to, statements regarding possible future plans and goals 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. Any technical complications that arise could prevent the strategic plans described above from being implemented immediately. The company assumes no obligation to revise or update any forward-looking statements to reflect events or circumstances after the date of this publication.
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SOURCE PAO Group, Inc.
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