PAO MMJ Alternative Medicine Centers of America Positioned for Explosive Growth with Exclusive Corporate Ownership on All Locations
Company Announces New Location Openings in Florida and Ohio with Sites Set on Pennsylvania for National Expansion
SANDUSKY, OH — June 11, 2018 — InvestorsHub NewsWire — PAO Group, Inc. (OTC:PAOG), a physicians practice management company, focused on the proper use of cannabis for treatment of chronic pain, opioid addictions, and terminal patients, is pleased to announce that its Alternative Medicine Centers of America (https://altmedcenters.com/) affiliate locations have been converted to corporate-owned locations toward expedited growth and immediate increase in revenues.
VP of Operations Christopher Will states: “In addressing a pull back on profits for Q4 2017, execs and Board alike have agreed that we have a unique opportunity to take full ownership of new and existing affiliate locations toward an immediate increase in profit margins and overall shareholder value while maintaining consistency in terms of unparalleled quality in care, service and state-of-the-art medicinal therapy.”
“As well, all agreements in place with former affiliate owners include non-compete clauses which protect us from competition in the space as we follow an assertive plan for expansion in Florida, Ohio, Pennsylvania and others.”
COO Art Hall adds, “We are thrilled to announce even more locations opening over the summer. We have Orange Park and Jacksonville, FL locations opening this month (June), and Jacksonville Beach opening in July. We could not be more excited about the potential here as we are also wrapping up physician licensing for our Toledo and Dayton Ohio locations, after which point we anticipate a minimum of 25-35 patients per doctor day.”
“We have also identified three locations in Pennsylvania that will be ideal in line with our plans for expansion and we’ll be finalizing details there in wake of the openings in Florida and Ohio. Many people have asked us about legalization of recreational marijuana and how it could affect our business model. To that, we look for other states that have already been down this roadNevada, Colorado, Washington and Oregon. In every case, medicinal marijuana continues to thrive because it is provided at a lower cost and without age restrictions. As well, the cost of maintaining a medical marijuana card is less than the 20-35% tax hike on recreational marijuana.”
PAO Group is also working on a contract with a renown digital marketing firm to assist with public relations and marketing in line with its continued growth.
Forward-Looking StatementsCertain 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.