PAOG Introduces RelaxRX CBD Targeting $100 Billion Sleep Aid Market
18 Octubre 2021 - 9:06AM
InvestorsHub NewsWire
Sandusky, OH --
October 18, 2021 -- InvestorsHub NewsWire -- PAO Group, Inc.
(USOTC:
PAOG) today announced the launch of its first CBD nutraceutical
product, RelaxRX CBD, a sleep
aid.
RelaxRX is available in 30mg
Softgels and in an 1800mg Tincture. The CBD oil is
100%
derived from full spectrum whole plant hemp oil and contains no
added chemicals.
The sleep aid
market was projected at USD 64.29 Billion in 2019 and is
forecast to hit USD 101.7 Billion in
2026.
PAOG has
confirmed shipping its first 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.
PAOG expects
revenue to grow rapidly following its first CBD nutraceutical
product launch as the company has follow on products lined up to
follow the first product adding to overall sales
potential.
PAOG plans to
announce its next CBD nutraceutical later this
week.
Last year, PAOG
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 base on
this intellectual property.
Learn more
about USMJ’s ecommerce site at www.usmj.com.
Learn more about
PAOG at www.paogroupinc.com.
Forward-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 future plans and objectives of the company are
forward-looking statements that involve risks and uncertainties.
There can be no assurance that such statements will prove to be
accurate and actual results and future events could differ
materially from those anticipated in such statements. Technical
complications, which may arise, could prevent the prompt
implementation of any strategically significant plan(s) outlined
above. The Company undertakes no duty to revise or update any
forward-looking statements to reflect events or circumstances after
the date of this release.
CONTACT
INFORMATION
Contact Us:
Jim DiPrima
(888) 979-2675
info@pao.group
PAO (PK) (USOTC:PAOG)
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