Business
American Premium Water Corp. (OTC:HIPH) Announces Agreement with Hanlons Brewery in United Kingdom to Manufacture CBD-Infused Beer
American Premium Water Corp. (OTC:HIPH) Announces Agreement with Hanlons Brewery in United Kingdom to Manufacture CBD-Infused Beer.
About this update from American Premium Water Corporation
[{"type":"text","content":"\nPLAYA VISTA, Calif., March 18, 2019 (GLOBE NEWSWIRE) -- American Premium Water Corporation (OTC: HIPH) (“APWC”) announces that it has an agreement with Hanlons Brewery in England to produce beer infused with CBD using the Company’s proprietary formulation. Testing will begin immediately on the combination of the Company’s proprietary hydro-nano CBD formulation with Hanlons’s beer, with commercial sale to be determined at a later date.\n CEO American Premium Water Corporation, Ryan Fishoff commented, “I am excited to announce that the Company has entered into an agreement with Hanlons brewery in the UK. This is a very exciting partnership that provides numerous possibilities for monetization, and brand recognition on the European continent. The liquor and beer industry has been very fascinated with the introduction of CBD into the market, and this partnership affords us the opportunity to step into the discussion with the larger players in the market. We’re going to begin experimenting with the process of combining beer and the CBD formulations immediately. The goal will be to have a product available for commercial sale as soon as possible. I will keep shareholders abreast when there are developments on bringing the product to market.” Hanlons Brewery (https://www.hanlonsbrewery.com) is based in Exeter on Devon, England and is an award winning producer of Yellow Hammer, Port Stout, Stormstay and Firefly ales. The family run brewery has a rich history of brewing with a legacy of producing world class craft beers. With its storied history, Hanlons has looked towards the future in establishing an environmentally sustainable business, including a custom made solar-PV system that powers all the brewery’s equipment. According to Mordor Intelligence, the European beer market is estimated to be around $185 Billion in size, which presents a huge opportunity for the Company to enter into such a large market. Industry giants Constellation Brands and Heineken have announced plans to manufacture CBD and THC beers. Tanya Gullick, UK and Europe Managing Director for Business Development commented, “This is great partnership for the Company. We are excited to work with Hanlons on bringing CBD infused beer to market. This will be the first of many partnerships for the Company in the U...