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PAOG Announces CBD Pet Products Coming Soon To $100 Billion Market
PAOG Announces CBD Pet Products Coming Soon To $100 Billion Market.
About this update from Pao Group, Inc.
[{"type":"text","content":"\n\n\n\nPAOG Announces CBD Pet Products Coming Soon To $100 Billion Market\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 Announces CBD Pet Products Coming Soon To $100 Billion Market\nPR Newswire\nSANDUSKY, Ohio, Oct. 20, 2021\n\n\n\nSANDUSKY, Ohio, Oct. 20, 2021 /PRNewswire/ -- PAO Group, Inc. (USOTC: PAOG) today revealed the company has been working on the development of CBD products for pets and could have its first product ready to introduce before the end of the year.\nThe pet products market is estimated at over $100 billion per year.\nLast year, the company acquired intellectual property derived through research into CBD extracted in association with a patented extraction method (U.S. Patent No. 9,199,960).  PAOG is developing both pharmaceutical and nutraceutical treatments for humans based on this intellectual property. Today, for the first time, the company revealed it is also developing CBD products for pets.\nOn Monday of this week, PAOG announced the launch of its first CBD nutraceutical product, RelaxRX CBD, a sleep aid.\nThe company plans to launch its second CBD nutraceutical product on Thursday this week, October 21st, 2021.\nPAOG is on track to realize its first revenue this year, starting in Q4 2021, since acquiring the extraction technology.\nPAOG has confirmed shipping its first and second CBD nutraceutical product to its distribution partner, North American Cannabis Holdings, Inc. (USOTC: USMJ).  The product will soon be for sale online at www.USMJ.com. \nPAOG expects revenue to grow rapidly following its first and second CBD nutraceutical product launches as the company has follow on products lined up to follow these products adding to overall sales potential.\nLearn more about USMJ's ecommerce site at www.usmj.com.\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 Exchange Act of 1934, and are subject to the safe harbor created b...