Investors should take a look at
Specifically, PAOG expects to deliver on a
In play is the product launch. However, the lead-up to the launch, supported by company updates, could ignite a rally in the stock and send shares back toward highs set earlier this year. From current levels, that could mean an increase of 85%. Year to date, shares are higher by approximately 280%.
Investors could expect more.
PAOG Could Break Higher
The gains are justified. Despite being a "penny stock" in price, PAOG is building a comprehensive CBD nutraceuticals program that could deliver substantial long-term rewards. In fact, its current investment and research into developing pharmaceutical and nutraceuticals products may produce near-term gains as well, with the company expecting to post revenue this year. Its 2020 acquisition of RespRx could accelerate those sales.
In what is considered a transformative acquisition, PAOG acquired RespRx from
In fact, it positions PAOG to introduce its first two CBD nutraceutical products in September of this year. The first is a CBD nutraceutical product targeting the COPD market, and the second is designed to treat anxiety and depression. The great news is that both markets offer significant revenue-generating opportunities. And with CBD showing itself to be a safer alternative to prescribed pharmaceuticals, PAOG could be positioned to capitalize on opportunities in these two markets.
Better still, to help expedite the development and planned approvals, PAOG is leveraging its relationship with the
Moreover, they could add to the revenue streams already in place.
Creating Revenue Is A Defining PAOG Difference
We noted PAOG's advantage over most of its nano-cap peers in prior coverage- they are generating revenues. Earlier this year, the company said it expects to generate
That debilitating disease affects more than 60 million people and has an addressable treatment market that surpassed
Remember, given time to develop its product portfolio, PAOG has as good a chance as any to maximize its assets. Moreover, taking
Rewards Of HODL
Better still, to those that were patient holding their
Thus, its roughly 280% year-to-date gains, although extremely impressive, could be the start to a more substantial move higher. Of course, additional partnerships and program updates could undoubtedly contribute to that cause, making the sum of the parts a compelling reason to buy on weakness.
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