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American Premium Water Corp (OTC:HIPH) Could Be One of The Most Logical Takeover Candidates in the Cannabis and Hemp Industry
American Premium Water Corp (OTC:HIPH) Could Be One of The Most Logical Takeover Candidates in the Cannabis and Hemp Industry.
About this update from American Premium Water Corporation
[{"type":"text","content":"\nNEW YORK, Dec. 27, 2018 (GLOBE NEWSWIRE) -- OTCMarketsinsider.com News Commentary\n There has been a wave of acquisitions and investments among Canadian and U.S. listed cannabis and hemp companies in 2018, and there is no indication that it will change in 2019. Interest has piqued in the space following the widespread legalization of recreational and medical marijuana, the full legalization of marijuana in Canada, and the Passage of the 2018 Farm Bill Legalizing Hemp and CBD, investors should take note of the M&A climate that is bound to heating up in 2019. The beverage industry is one sector that is poised to see a flurry of M&A activity. Canaccord’s Bobby Burleson and Jonathan DeCourcey claimed that infused beverages could be poised to outpace general demand for marijuana products by two fold, taking 20% of the existing market for cannabis edibles by 2022. Here are some of the highlights in 2018 of cannabis companies partnering with large beverage industry players: Coca-Cola says it’s monitoring the nascent industry and is interested in drinks infused with CBD, the non-psychoactive ingredient in marijuana that treats pain but doesn’t give the psychoactive effects of THCCorona beer brewer Constellation Brands Inc. announced it will spend $3.8 billion to increase its stake in Canopy Growth CorpMolson Coors Brewing Co. is starting a joint venture with Quebec’s Hexo Corp., formerly known as Hydropothecary Corp., to develop cannabis drinks in CanadaDiageo PLC, maker of Guinness beer, is holding discussions with at least three Canadian cannabis producers about a possible dealHeineken NV’s Lagunitas craft-brewing label has launched a brand specializing in non-alcoholic drinks infused with THC, marijuana’s active ingredient American Premium Water Corp. (OTC: HIPH) could be one of the most logical takeover candidate in the cannabis beverage industry after Coca-Cola Co. said it’s eyeing to enter the CBD market, becoming the latest beverage company to tap into surging demand for marijuana products as traditional sales slow. Coca-Cola says it’s monitoring the nascent industry and is interested in drinks infused with CBD. “We are closely watching the growth of non-psychoactive CBD as an ingredient in functional wellness beverages around the world,” Coca-Cola spokesman Ke...