American Premium Water Corp.
(HIPH)
Announces Agreement with
GreenBox
POS (OTC:GRBX) to Use Proprietary Payment Processing for CBD and
THC sales
The
Company is
implementing the payment processor handle a forecasted rise in
demand for CBD infused products.
PLAYA
VISTA, CA -- February 7, 2018 --
InvestorsHub NewsWire -- American Premium Water Corporation
(OTC:
HIPH) announces the
it has
entered into an agreement with GreenBox
POS
(OTC:GRBX)
to use its proprietary, blockchain based payment process technology
on it's new e-commerce site for LALPINA and other CBD related
products. The Company will be launching
the
new
site e-commerce
site featuring
GreenBox's
payment
API in the next few
weeks.
American
Premium CEO Ryan Fishoff, commented, "I am happy to
announce this partnership with GreenBox.
This payment technology will finally give
the Company
a
permanent payment processing solution. It has been frustrating to
not be able to process orders on our own e-commerce site. Now that
we have GreenBox,
we can focus our efforts to making the LALPINA
e-commerce site a
first-class
experience
for the
consumer. The Company
will
also
begin to focus resources on digital and social media
advertising. Getting a dynamic
e-commerce site off the ground early this year has been a high
priority for the Company and one that I highlighted in my
year-end
letter to
shareholders; I am happy to say
that we are a few weeks
away from this goal."
GreenBox
POS,
(https://greenboxpos.com)
is a
groundbreaking technology company that builds customized payment
solutions for a variety of industries, with an emphasis
on blockchain secured
ledger technology, which they have 5
patents for. GreenBox's
technology has become
the leading point of sale (POS) application in the cannabis
industry, which traditionally has been challenges in finding payment
processing solutions. Even with the passage of the
2018
Farm
Bill, and the mainstream
adoption of CBD, there is a
still not a uniform
acceptance in the financial services industry. The Company will
leverage GreenBox's
technology
across
all of its CBD-infused products and their respective e-commerce
sites.
"Having
GreenBox's
technology now allows
us to finalize our new e-commerce site. The Company forecasts that
demand for our product (and other CBD products) will be much higher
this year due to
the
passage of the Farm Bill and the increased interest
CBD
products have received because
of it. As we look to expand
the number of LALPINA CBD skus
in the
coming months, its
important
that the Company can handle the demand. This website, along with
production and shipping by Growpacker
will
usher in a new era for the Company. The infrastructure
will be in place to be able to ship
out online
orders
within 24 hours of receipt. I know we have
continued to have to some shipping issues with our partners, but
this these developments will streamline and eliminate them going
forward. GreenBox's
technology
will also
allow
the
Company to seamlessly
integrate the backend of the
different branded CBD
products
that the Company will be selling into
a
continuous supply chain.
This will
help the Company scale, especially when we have multiple product
categories across multiple brands. Before we get to that
point, I am looking forward
to unveiling the new LALPINA CBD
site in
the coming weeks, and as soon as its ready, I look forward to
briefing the shareholders on it" 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),
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