SA Breaking News - PAOG announces $300k sales agreement with cannabis cultivation subsidiary
04 Febrero 2021 - 8:09AM
InvestorsHub NewsWire
- PAO Group
(OTCPK:PAOG +34.7%) confirmed a $300k sales agreement executed
by its cannabis cultivation
subsidiary.
- Company
anticipates ~$50,000 in revenue per quarter for six quarters
starting with an estimated $50,000 in revenue expected to be
reported for Q4 2020.
- Last
summer, PAOG acquired a cannabis cultivation business from
Puration (OTCPK:PURA);
and as part of the transaction plans to issue a dividend of one
share to PURA shareholders for every one share held of PURA
stock.
SOURCE: Akanksha Bakshi, SA News
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