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American Premium Water Corp. (HIPH) Announces Acquisition of Proprietary CBD and THC Technology
American Premium Water Corp. (HIPH) Announces Acquisition of Proprietary CBD and THC Technology.
About this update from American Premium Water Corporation
[{"type":"text","content":"\nCompany remains focused on acquiring more CBD-related technology while expanding its beverage offerings  \n PLAYA VISTA, Calif., Nov. 01, 2018 (GLOBE NEWSWIRE) -- American Premium Water Corporation (OTC Pink: HIPH) (the “Company”) announces it has acquired proprietary “Hydro-Nano” Energy, CBD and THC-Cannabis infusion formulations. After months of negotiations, the Company has acquired proprietary infusion formulation technology that will boost its market share by allowing its product stand above any current or future competition.  The transaction was completed with the issuance of restricted stock (with a minimum one year holding period)   This proprietary technology, which can be described as “Hydro-Nano” formulations, are infused with electrolyte energy, cannabidiol (CBD) and tetrahydrocannabinol (THC), which will give the Company a strategic and competitive advantage. These proprietary formulations are based on the hydro-nano technology that the Company has utilized for its original CBD water beverage, which allow for an absorption rate that is up to 90% higher than any other beverage in its class, enabling the infused formulations to immediately penetrate into the cells, by surpassing the bloodstream and creating a more immediate effect. The Company is planning on utilizing the CBD formulation to create stronger, more potent beverages, utilizing 15-50mg of CBD, which will complement its existing CBD beverage line which currently uses 3mg per 16.9oz bottle.  These formulations give the Company a foothold in three distinct categories: energy, CBD and THC. These categories will be the three pillars of the LALPINA brand going forward. Historically, the Company had been working with third-party manufacturers, which created a number of logistical challenges, and exposed the Company to potentially compromising positions. Now, with this new technology, the Company will be immediately distinguished from its competitors, and hold a much brighter future.  “This acquisition is a gamechanger for us, as we expect it to propel the Company to new levels in the CBD infused beverage space, create a new category in the THC infused space, while driving shareholder value, through the sale of premium, uncompromised products, which has always been our primary objective,R...