Business
PAOG Partners With PURA, ALKM and USMJ To Launch CBD Nutraceutical Product Line
PAOG Partners With PURA, ALKM and USMJ To Launch CBD Nutraceutical Product Line.
About this update from North American Cannabis Holdings, Inc.
[{"type":"text","content":"\n\n\n\nPAOG Partners With PURA, ALKM and USMJ To Launch CBD Nutraceutical Product Line\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nPAOG Partners With PURA, ALKM and USMJ To Launch CBD Nutraceutical Product Line\nPR Newswire\nSANDUSKY, Ohio, May 7, 2021\n\n\n\nSANDUSKY, Ohio, May 7, 2021 /PRNewswire/ -- PAO Group, Inc. (USOTC: PAOG) today released a preview of the company's plan to launch a CBD Nutraceuticals line of products.  PAOG's CBD Nutraceuticals are expected to generate revenue this year, in 2021, while the company continues with its long-term CBD pharmaceutical developments.\nPAOG is working on the development of a CBD pharmaceutical product under the name RespRx, for the treatment of 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.\"\nStarting in the fourth quarter of 2021, PAOG plans to begin the introduction of three CBD Nutraceuticals.\nThe first CBD Nutraceutical under development will sell under the name CBD RELAX-RX targeting the anxiety and depression treatment market anticipated to reach a value of $18 billion by 2025.\nThe second CBD Nutraceutical under development will be derived from PAOG's ongoing COPD research targeting the COPD treatment market separately from the pharmaceutical market also targeting COPD treatment.\nThe third CBD Nutraceutical is being developed in partnership with the EVERx CBD Sports Water Brand owned by Puration, Inc.  (USOTC: PURA) and will target the sports nutrition market.\nPAOG plans to develop and distribute its CBD nutraceuticals with Alkame Holdings, Inc. (OTC Pink: ALKM) as a copacker and North American Cannabis Holdings, Inc. (OTC Pink: USMJ) as a distributor.\nLearn more about PAOG at www.paogroupinc.com.\nForward-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 Exchan...