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BioHemp International, Inc. (OTC: BKIT) Announces Deal to Private Label Water From American Premium Water Corporation (OTC: HIPH)
BioHemp International, Inc. (OTC: BKIT) Announces Deal to Private Label Water From American Premium Water Corporation (OTC: HIPH).
About this update from American Premium Water Corporation
[{"type":"text","content":"\nNEW YORK, July 08, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE – BioHemp International, Inc. (OTC: BKIT), (“Company”), a Company focused on consolidating the CBD industry, announces that it has entered an agreement with American Premium Water Corporation (OTC: HIPH) to white label cannabidiol (CBD) infused water utilizing HIPH’s proprietary Hydro Nano technology. The agreement provides exclusivity to the Company to utilize this technology and sell water across all its current and future platforms. The Agreement will be fully executed within the next 48 hours.\n HIPH’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, a copy of the report is available here. Daniel Blum, CEO of BioHemp International, commented: “This is a significant agreement for the Company. This is very sophisticated technology and it will be an asset for the Company to be able to sell it on our platforms. We are looking for the best and most innovative CBD products available and this is certainly one of them. There are many companies in the market that claim to possess “nano” technology, but none have proven or demonstrated it to the extent that American Premium Water has. Their technology has been scientifically proven, and the Company looks forward to begin manufacturing water and other CBD infused beverages utilizing their proprietary ‘Hydro Nano’ technology.”  BioHemp International, Inc. is positioning itself as the market leader in the CBD market, which is expected to reach $22 billion by 2022. The Company’s rollup strategy is aimed at becoming the market leader by spearheading the natural consolidation of the industry through the creation of a distribution platform targeted at existing consumer CBD wholesalers and retailers. As the market begins to consolidate, the Company is poised to benefit from i...