American Premium Water Corp. (HIPH) Announces Development of Hydro Nano Infused THC-Cannabis Beverage Prototype
October 17 2018 - 9:00AM
InvestorsHub NewsWire
American Premium Water Corp. (HIPH) Announces
Development of Hydro Nano Infused THC-Cannabis Beverage
Prototype
Continues discussions with
Canadian distributors and U.S. dispensaries, leveraging
legalization and geographical advantage as highlight of marketing
strategies
Playa Vista, CA -- October 17, 2018 -- Investorshub
NewsWire -- American Premium Water Corporation (OTC:
HIPH) announces that it has created a
prototype tetrahydrocannabinol
(THC)-infused beverage utilizing the
Company’s hydro-nano technology, and that it is engaged in
discussions with Canadian distributors and U.S. dispensaries.
Upon official launch, American Premium expects to offer the first
hydro-nano-infused THC beverage on the
market.
“I am thrilled to announce that after many months of
R&D collaboration with our partners, we have , a beta version
of our LALPINA Hydro Nano-infused THC beverage. Because this is an
extension of our existing hydro-nano technology, we anticipate a
quicker development process with potential of hitting the market by
the first quarter of 2019 or sooner,” stated American Premium
CEORyan Fishoff.
Similar to American Premium’s LALPINA Hydro CBD
beverage, the hydro-nano THC beverage will boast an absorption rate
of up to 90% higher than conventional THC beverages, which allows
the THC to immediately penetrate into the cells, bypassing the
bloodstream and creating a more immediate
effect.
American Premium previously announced in June that it
was looking into the development of a THC-Cannabis version of the
beverage. American Premium launched its LALPINA Hydro CBD beverage
in August and by October secured its first third-party distribution
deal with SinglePoint, Inc (OTCQB:SING),
which can be found at this address
(https://www.singleseed.com/product/alpina-cbd-water-12-pack).
The initial sales have exceeded the
Company's internal expectations, and is looking to expand
its relationship with SinglePoint. The
Company has been in discussions with other distributors for this
product, and the addition of a THC-infused beverage as part of its
offerings will aide in
discussions.
With the legalization of cannabis in Canada, the
Company is actively pursuing distribution agreements for both of
its beverages in the Canadian market. The Company is also pursuing
product distribution in U.S. states where Cannabis is legal, and is
in discussions with dispensaries in California, Colorado, and
Nevada.
“Legalization in Canada and the development of our
second beverage provides the opportunity for a distribution channel
that not many of our competitors have. Additionally, we have a
great geographic advantage in the U.S. I am based in New York City,
our Chairman chairman is located in Miami, and our headquarters are
in Los Angeles – meaning we have ‘boots on the ground’ footholds in
the country’s largest and most visible markets. With the addition
of the THC prototype, we are going to exploit this advantage and
ramp up our marketing activities in these regions. An example of
something that I have in mind is doing a pop up with MedMen’s New
York location. Doing a pop up with them (MedMen) would be an
example of the type of marketing events that we intend to rollout
in the coming months to take advantage of our geographic advantage.
Over the ensuing weeks, I will share in more detail our wholesale
distribution strategy for both the CBD and THC beverages,” stated
Fishoff.
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
block chain technologies to expand the retail footprint. The
company’s portfolio includes the LALPINA
Hydro and LALPINA Hydro CBD brands (www.LalpinaInc.com), Gents, 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
Corporate Communications
Contact:
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com
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