American Premium Water Corp. (HIPH) Announces Partnership with Pain
Management Platform
Ouchie
The
partnership with Ouchie
would
make LALPINA CBD available on the platform that targets over 120
million Americans who live with chronic pain.
PLAYA
VISTA, CA -- December 6, 2018 -- InvestorsHub NewsWire
-- American Premium Water Corporation (OTC:
HIPH)
announces that it has entered into a partnership with Upside
Health's product Ouchie,
(www.ouchie.com)
a pain management app and platform targeting the over 120 million
Americans who live with chronic pain. Ouchie's
goal is
to empower patients to address pain management through various
methods, including new treatments like cannabidiol (CBD) and
tetrahydrocannabinol (THC). LALPINA CBD will be offered for sale on
the platform, as part of the regimens utilizing
CBD. Additionally, the
product's efficacy and impact will be tracked on the platform to
further enhance innovation efforts.
American
Premium CEO and Interim Chairman Ryan Fishoff, commented, "I am
happy to announce the start of our partnership with
Ouchie.
Chronic
pain affects almost 1 out of every 2 Americans. Traditional
medications have fallen short of creating an effective solution for
these patients. I believe CBD, and the Company's LALPINA CBD
beverage can be part of the pain solution for these
patients. This partnership
is the first of many that I envision within the healthcare space
that will utilize our CBD products as part of a comprehensive plan
that will be more effective than current methods."
Ouchie
was
founded to ensure that no one should hurt alone. The platform
uses evidence-backed tools like cognitive behavioral therapy (CBT),
rewards-based tracking, access to resources and community to
support those living with chronic pain. Chronic pain is defined as
pain that is omnipresent for 3-6 months that could have
been caused by a specific injury or has lingered due to various
causes. In a report by
Market
Research Engine, the pain management
therapeutics market is expected to exceed more than $83 Billion by
2024.
Rachel
Brandt, Co-Founder and Head of Product for Ouchie
commented
"Our partnership with American Premium allows us to introduce our
users to new, exciting opportunities for helping
them feel better. We love supporting innovation in this space and
commend American Premium for sharing this mission."
"This
partnership will allow us to directly target a captive audience
that may not be aware of the many medical benefits of CBD. Our
partnership with Ouchie
is in
line with our goal to have a multi-layered distribution approach.
Aside from recreational and commercial sales opportunities, I
believe we are only scratching the surface when it comes to the
opportunities in the medical space. I
believe with the imminent passing of the 2018 Farm Bill, many more
opportunities will present themselves in
the medical space. I could even foresee a scenario where medical
insurance in some cases will cover CBD related products as a
viable treatment option
for many ailments, including chronic pain. It's very exciting times
and I am pleased the Company is well positioned to take advantage
of these new developments." concluded Mr. 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 blockchain 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