cbd portfolio

Cbd portfolio

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Sandusky, OH, Nov. 24, 2021 (GLOBE NEWSWIRE) — PAO Group, Inc. (OTC Pink: PAOG) today announced the acquisition of an exclusive license to patented cannabis extraction process that will expand the company‚Äôs existing CBD intellectual property is scheduled to close next week, on Friday, December 3 rd .

The acquisition is expected to close in early December.

PAOG is developing both pharmaceutical and nutraceutical treatments for humans based on this intellectual property.

Last 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). Now, the company will acquire an exclusive license to the patent itself from Puration, Inc. (OTC Pink: PURA)

November 24, 2021 09:15 ET | Source: PAO Group, Inc. PAO Group, Inc.

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