Business
PAOG Plans To Accelerate 2022 CBD Revenue Growth Through M&A
PAOG Plans To Accelerate 2022 CBD Revenue Growth Through M&A.
About this update from Pao Group, Inc.
[{"type":"text","content":"\n\n\n\nPAOG Plans To Accelerate 2022 CBD Revenue Growth Through M&A\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 Plans To Accelerate 2022 CBD Revenue Growth Through M&A\nPR Newswire\nSANDUSKY, OH, Oct. 26, 2021\n\n\n\nSANDUSKY, OH, Oct. 26, 2021 /PRNewswire/ -- PAO Group, Inc. (USOTC: PAOG) today announced the company's merger and acquisition development pipeline supports plans for a first acquisition to close before the end of this year.  PAOG is actively exploring merger and acquisition opportunities targeted at expanding the company's product line and accelerating revenue growth.\nThe company recently announced initiating production on its first line of CBD nutraceuticals and being on track to generate its first revenue this year, in 2021, since entering the CBD market sector.\nPAOG has introduced its first to CBD nutraceutical products, RelaxRX and RehabRX.  PAOG is developing a \"RX\" CBD nutraceuticals brand.\nPAOG is developing CBD pharmaceutical and nutraceuticals from its intellectual property associated with 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.\"\nPAOG plans to distribute its nutraceuticals through North American Cannabis Holdings, Inc. (USMJ).  PAOG has also entered into a marketing partnership with Puration, Inc. (PURA).\nPAOG's merger and acquisition objective is to complement its existing CBD intellectual property while diversifying its product production opportunity and accelerating the potential for rapid revenue growth.\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 by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential futur...