American Premium Water Corp. (OTC:HIPH)
Retains National Sales Force To Meet Growing
Demand For Company's
Products
PLAYA VISTA, CA --
March 28,
2019 -- InvestorsHub
NewsWire -- American Premium
Water Corporation (OTC:
HIPH) ("APWC") announces that
it has engaged A&R
Opportunity to manage and fund a
national sales team based out of Northeast Ohio that will help
market and sell the Company's products
nationwide.
The sales
force will be paid on a commission only basis, incurring no
residual cost to the Company. The arrangement was necessitated by
overwhelming demand for the Company's products, including its
LALPINA CBD beverage and CBD topical products
from its
most
recent
acquisition of plant + body essentials.
CEO American Premium
Water Corporation, Ryan Fishoff commented, "I pleased to
announced we have engaged with A&R to help oversee the
Company's national sales strategy. The inbound demand
has been overwhelming strong and it became apparent over the past
few weeks that the Company needed more assistance in managing and
servicing sales accounts. Their location in
Northeast Ohio also provides us with a presence in the Midwest, and
area that we have not been focusing on, but over the past few
months became clear to the Company was an area that needed to be
addressed with burgeoning demand for CBD products. The terms of the
agreement were also very favorable to the Company as its
performance based, so all parties incentives are aligned. This will
be beneficial for the Company going forward as we look to
continue to expand our distribution footprint nationwide and
rollout new products in the coming months."
The salesforces
managed by A&R will be based in Northeast Ohio and primarily
cover the Midwest region, however they will have responsibility for
certain national accounts. The group will target chain stores,
independent stores, health and wellness shops, smokeshops,
dispensaries, and healthcare clients. The group will also
assist the Company with marketing support for events and tradeshows
throughout the region.
"A&R brings a lot
of coverage to a geographic
area
(Midwest) that the Company has not been focused on.
The team
will also bring value
add
to
the
medical space, a sector the
Company has not been focusing on. The group has a
number of contacts in the nursing home space and the
ancillary distribution
business
that revolves around
that
industry,
which
is a segment that I
believe carries a tremendous
amount of potential
for the
Company. A recent market
survey I read
projected
the
market size of this
industry at
$140
billion; it represents a large opportunity that we're now starting
to pursue. Distribution is key to the Company's ability to grow
revenue, and with these strategic additions, I look forward to
updating shareholders in the coming weeks and months
."
concluded Mr. Fishoff
Currently,
competitors of American Premium Water, Kona Gold Solutions, Inc
(OTC:KGKG), Puration, Inc,
(OTC:PURA), MedMen
Enterprises
(OTC:MMNFF) do not currently offer solutions for the medical
industry.
About American
Premium Water Corp.
American Premium
Water (OTC: HIPH) is a diversified luxury consumer products company
focused on businesses in the health and beauty and biotech sectors.
The company is focused on harnessing the powers of hydrogen and
Nano technologies paired with cannabidiol (CBD) to treat health
disorders and enhance quality of life. This business model aims to
market emerging fashion brands by leveraging classic retail
partners and incorporating disruptive blockchain technologies to
expand the retail footprint. The company's portfolio includes the
LALPINA Hydro and LALPINA Hydro CBD brands (www.LalpinaInc.com), LALPINA
Productions, LALPINA Records, Gents (www.gentsco.com), Worthy, and
blockchain platform FashionCoinX
(www.FashionCoinX.com).
Safe Harbor
Notice
Certain statements
contained herein are "forward-looking statements" (as defined in
the Private Securities Litigation Reform Act of 1995). American
Premium Water Corporation cautions that statements made in this
news release constitute forward-looking statements and makes no
guarantee of future performance. Forward-looking statements are
based on estimates and opinions of management at the time
statements are made. These statements may address issues that
involve significant risks, uncertainties, estimates and assumptions
made by management. Actual results could differ materially from
current projections or implied results. American Premium Water
Corporation undertakes no obligation to revise these statements
following the date of this news release. Additional details of the
Company's business can be found in its public disclosures as a
reporting issuer under the Securities Exchange Act of 1934 filed
with the Securities and Exchange Commission's ("SEC") EDGAR
database.
This press release is
issued on behalf of the Board of Directors of American Premium
Water Corporation