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American Premium Water Corp. (OTC:HIPH) Announces Agreement to Allow BioHemp International (OTC:BKIT) to Private Label CBD Water and Beverages Utilizing Company’s Technology
American Premium Water Corp. (OTC:HIPH) Announces Agreement to Allow BioHemp International (OTC:BKIT) to Private Label CBD Water and Beverages Utilizing Company’s Technology.
About this update from American Premium Water Corporation
[{"type":"text","content":"\nPLAYA VISTA, CA, July 09, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- American Premium Water Corporation (OTC: HIPH) (“the Company”) announces that it has agreed to a deal that will imminently be executed allowing BioHemp International (OTC:BKIT) to license the Company’s proprietary Hydro Nano technology to be used to manufacture water and other CBD infused beverages across BKIT’s current and future platforms.\n American Premium CEO, Ryan Fishoff, commented, “This is a great deal for the Company. We have been selective of who we partner with and are protective of our technology. This arrangement benefits the Company in the short and long-term as it enables us the possibility to strengthen our balance sheet while solidifying our relationship with a company that I think will be the premier distribution entity of CBD products in the next couple of years. This deal further affirms the Company's commitment to science; this is another example in which the Company has monetized its proprietary technology. The Company will be working with BioHemp on the development and branding of these infused beverages. I look forward to keeping shareholders apprised of other developments for our technology and monetization efforts in the coming weeks.” The Company’s Hydro Nano formulation utilizes proprietary nanotechnology that reduces the size of the majority of the CBD molecules encapsulated to one nanometer or less in diameter. To provide context, a strand of human DNA is two nanometers wide. This technology allows for greater bioavailability, leading to up to a 90% greater absorption rate than regular CBD infused beverages – providing a much better CBD experience for the consumer. The efficacy of HIPH’s formulation was analyzed and tested independently by Applied Nanosolutions, (http://www.nanosolu.com) a copy of the report is available here. For disclosure, Mr. Fishoff was recently named as Lead Advisor to BioHemp International. 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 li...