AO Group, Inc. (OTC Pink: PAOG) today announced the company’s partnership with Puration, Inc. (OTC Pink: PURA).
PAOG 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.”
PAOG recently announced plans to launch a CBD nutraceuticals line of products expected to generate revenue this year, in 2021.
PURA has launched a hemp industry wide strategic initiative to collectively market for multiple hemp growers and processors under a single brand name – Farmersville Hemp.
PURA is building processing and cultivation partners with the intention of establishing an industrial hemp brand cooperative under the Farmersville Hemp Brand name. In the fashion that Sun-Maid Raisins collectively markets for growers all selling under one brand name, PURA plans to collectively market for multiple hemp growers and processors under the Farmersville Hemp Brand name.
PAOG is one of PURA’s first partners in PURA’s Farmersville Hemp Brand Initiative.
PAOG and PURA intend to work specifically together on a cannabis extraction lab to be included on PURA’s 70-acre property in Farmersville Texas.
PURA recently broke ground on its 70-acre property in Farmersville Texas. A construction pad has been cleared for the building of multiple buildings where PURA will facilitate hands on marketing for a wide variety of products that can be derived from hemp.
The Farmersville Hemp Brand Facility will be able to host client companies for seminars to demonstrate hemp processing and how hemp can be used as a natural, cost effective and even superior alternative to currently available construction materials, nutraceuticals and pharmaceuticals, clothing, fuel, and plastics – to name just a few. According to one source, more than 25,000 products can be made from hemp.
PAOG’s CBD nutraceutical developments stem from the company’s long-term CBD pharmaceutical initiative built on a CBD intellectual property acquisition from Nouveau Life Pharmaceuticals (OTC Pink: NOUV).
The 2020 CBD Nutraceuticals Market had an estimated value of $5.2 Billion, and it is expected to reach $16.4 Billion by 2027.
Learn more about PAOG at www.paogroupinc.com.
