COLUMBIA, MD, August 30, 2023 – Neon Bloom, Inc. (OTC PINK: NBCO), announced today that its subsidiary, Bazelet™ Health Systems Inc., will enter the $60B US Organic food and beverage industry in 2024 with the introduction of PECSA™ Organic.
PECSA™ is a plant-based, water soluble ingredient made from patented cannabis plant extracts that contain a proprietary combination of non-psychoactive Cannabigerol (CBG) and its acidic precursor, Cannabigerolic Acid (CBGA), in addition to other constituents and is intended to be “Generally Recognized as Safe” (GRAS), as regulated by the FDA under the US Food, Drug and Cosmetic (FD&C) Act.
PECSA™ Organic will be made exclusively from federally legal, U.S. patented cannabis plants grown by the Amish community on USDA certified organic farms.
“The global organic food and beverages market is set to achieve a substantial size of USD 564.22 billion by 2030, exhibiting a compelling CAGR of 11.7% throughout the forecast period. This growth is fueled by several factors, including the health benefits associated with organic consumption, the increasing health consciousness among consumers, and the alignment of organic choices with environmental sustainability.” As reported ResearchandMarkets.com on 08/24/23.
“Organic is at that right intersection of environmental and personal health,” said Organic Trade Association’s CEO Tom Chapman. “Organic brings together the interest in human health and a healthy environment, and that offers organic a positive pathway forward and will help organic businesses withstand challenges in the future.” “Organic’s fundamental values remain strong, and consumers have demonstrated they will come back time and again because the organic system is verified, and better for people, the planet, and the economy.”
NBCO Director Fred Luke commented on PECSA™ Organic, saying “The development of an organic version of PECSA™ enhances the value of our intellectual property, provides many new distribution opportunities and positions the company with unique, first to market, organic ingredient with no known competition in a profitable industry niche that will continue to grow for years to come”
About Neon Bloom:
Neon Bloom, Inc. (OTC PINK: NBCO) is a diversified enterprise group, currently engaged in the development of new life-science technologies, technologically improved financial services, and other emerging business sectors. Beginning in 2020 NBCO began to expand its leadership team and its investments in new acquisitions; in 2021 it acquired Bazelet Health Systems, Inc. (“Bazelet™”) in an all-stock transaction, and currently operates Bazelet as a wholly owned subsidiary. The Company intends to make additional acquisitions in the near future utilizing shares of its common stock, non-convertible promissory performance-based notes, and cash as is available.
About Bazelet Health Systems, Inc:
Bazelet™, is the licensed US plant patent, trademark, and manufacturer of PAN2020, the world’s first patented cannabis plant (US Plant Patent number US PP32,725 P2). PAN2020 is a new and distinct variety of cannabis sativa (L.) plant and contains 0.00% tetrahydrocannabinol (THC), making it the first and only federally legal cannabis plant. With Pan2020, Bazelet™ developed the proprietary ingredient PECSA™ (Plant-based EndoCannabinoid System Activator), used in the manufacturing and commercial supply of food, drug, and cosmetic products that comply with the Food, Drug and Cosmetic Act. There are no health care claims being made by the Company or Bazelet™ about the PECSA™ products; these products are not intended to treat, diagnose, mitigate, prevent, or cure diseases, nor do they have any therapeutic effect as to any specific medically diagnosed conditions.
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SOURCE: Neon Bloom Inc.