Business
PAO MMJ Alternative Medicine Centers of America™ Positioned for Explosive Growth with Exclusive Corporate Ownership on All Locations
PAO MMJ Alternative Medicine Centers of America™ Positioned for Explosive Growth with Exclusive Corporate Ownership on All Locations.
About this update from Pao Group, Inc.
[{"type":"text","content":"\nCompany Announces New Location Openings in Florida and Ohio with Sites Set on Pennsylvania for National Expansion\n SANDUSKY, Ohio, June 11, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE-- PAO Group, Inc. (OTC:PAOG), a physicians practice management company, focused on the proper use of cannabis for treatment of chronic pain, opioid addictions, and terminal patients, is pleased to announce that its Alternative Medicine Centers of America™ (https://altmedcenters.com/) affiliate locations have been converted to corporate-owned locations toward expedited growth and immediate increase in revenues. VP of Operations Christopher Will states: “In addressing a pull back on profits for Q4 2017, execs and Board alike have agreed that we have a unique opportunity to take full ownership of new and existing affiliate locations toward an immediate increase in profit margins and overall shareholder value while maintaining consistency in terms of unparalleled quality in care, service and state-of-the-art medicinal therapy.” “As well, all agreements in place with former affiliate owners include non-compete clauses which protect us from competition in the space as we follow an assertive plan for expansion in Florida, Ohio, Pennsylvania and others.” COO Art Hall adds, “We are thrilled to announce even more locations opening over the summer.  We have Orange Park and Jacksonville, FL locations opening this month (June), and Jacksonville Beach opening in July.  We could not be more excited about the potential here as we are also wrapping up physician licensing for our Toledo and Dayton Ohio locations, after which point we anticipate a minimum of 25-35 patients per doctor day.” “We have also identified three locations in Pennsylvania that will be ideal in line with our plans for expansion and we’ll be finalizing details there in wake of the openings in Florida and Ohio.  Many people have asked us about legalization of recreational marijuana and how it could affect our business model.  To that, we look for other states that have already been down this road—Nevada, Colorado, Washington and Oregon.  In every case, medicinal marijuana continues to thrive because it is provided at a lower cost and without age restrictions.  As well, the cost of maintaining a medical ...