Business
American Premium Water Corp. (OTC:HIPH) Announces CBD Beverage Full Launch
American Premium Water Corp. (OTC:HIPH) Announces CBD Beverage Full Launch.
About this update from American Premium Water Corporation
[{"type":"text","content":"\nPLAYA VISTA, Calif., July 25, 2018 (GLOBE NEWSWIRE) -- American Premium Water Corporation (OTC Pink:HIPH) (the “Company”) announces that the Company will begin selling its LALPINA Hydro CBD product on August 27th on its website and select retail channels. The Company has been able to procure a domestic manufacturer who can provide the supply to meet the growing demand of LALPINA Hydro CBD.\n Ryan Fishoff, CEO American Premium Water Corporation commented: “Happy to finally announce a delivery date for LALPINA Hydro CBD. There has been tremendous pre order interest & demand for this product. I am excited to begin marketing, promoting and selling our transformative product. The CBD market is growing everyday as more and more consumers are learning how powerful CBD can be as an all-natural alternative to opioids, and can be a natural remedy for such ailments as asthma, insomnia, anxiety, depression, arthritis, among others. I wish we could have delivered the product on schedule, but there were several opportunities such as (FashionCoinX, THRD Coin, Worthy) that we had to take advantage of that were factors in the delay. I hate not delivering on time, but in the big picture, this will not blunt shareholder value.” Since June, The Company has made two acquisitions, the Worthy (www.worthylux.com street wear license, and the operating agreement for the crypto currency, blockchain platform FashionCoinX (www.fashioncoinx.com) exchange. In addition, the Company recently announced the creation of the multi-brand THRD Coinutility token. These additions to the Company’s portfolio fit within the “Brand.Luxury.Lifestyle” strategy it released earlier in the year. In addition to executing these transactions, ramping up the mass production of LALPINA Hydro CBD attributed to some of the delays as well. “With a new product like LALPINA Hydro CBD, there were some teething issues in the ramp up to production. This product is a market frontrunner right out the gate considering the lack of a comparable product currently on sale. Unlike the other CBD waters that are currently at retail, the molecular structure of LALPINA Hydro CBD allows for greater bio availability which leads to a greater & quicker absorption rate compared to regular CBD oil or CBD water. The Company will need to use less CBD to...