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Bazelet Health Systems Inc., a Subsidiary of Neon Bloom, Inc. (OTC:NBCO), to Make an Organic Line of its PECSA Ingredient for 2024
Bazelet Health Systems Inc., a Subsidiary of Neon Bloom, Inc. (OTC:NBCO), to Make an Organic Line of its PECSA Ingredient for 2024.
About this update from Neon Bloom Inc.
[{"type":"text","content":"COLUMBIA, MD / ACCESSWIRE / August 30, 2023 / Neon Bloom, Inc. (OTC PINK:NBCO), announced today that its subsidiary, Bazelet™ Health Systems Inc., will enter the $60B US Organic food and beverage industry in 2024 with the introduction of PECSA™ Organic. PECSA™ is a plant-based, water soluble ingredient made from patented cannabis plant extracts that contain a proprietary combination of non-psychoactive Cannabigerol (CBG) and its acidic precursor, Cannabigerolic Acid (CBGA), in addition to other constituents and is intended to be "Generally Recognized as Safe" (GRAS), as regulated by the FDA under the US Food, Drug and Cosmetic (FD&C) Act.PECSA™ Organic will be made exclusively from federally legal, U.S. patented cannabis plants grown by the Amish community on USDA certified organic farms. "The global organic food and beverages market is set to achieve a substantial size of USD 564.22 billion by 2030, exhibiting a compelling CAGR of 11.7% throughout the forecast period. This growth is fueled by several factors, including the health benefits associated with organic consumption, the increasing health consciousness among consumers, and the alignment of organic choices with environmental sustainability." As reported ResearchandMarkets.com on 08/24/23."Organic is at that right intersection of environmental and personal health," said Organic Trade Association's CEO Tom Chapman. "Organic brings together the interest in human health and a healthy environment, and that offers organic a positive pathway forward and will help organic businesses withstand challenges in the future." "Organic's fundamental values remain strong, and consumers have demonstrated they will come back time and again because the organic system is verified, and better for people, the planet, and the economy." NBCO Director Fred Luke commented on PECSA™ Organic, saying "The development of an organic version of PECSA™ enhances the value of our intellectual property, provides many new distribution opportunities and positions the company with unique, first to market, organic ingredient with no known competition in a profitable industry niche that will continue to grow for years to come"About Neon Bloom:Neon Bloom, Inc. (OTC PINK:NBCO) is a diversified enterprise group, curr...