Business
Uptick Newswire Hosts the CEO of American Premium Water to Discuss the Future of Infused Beverages and other Products as Well as the Company’s Plans for 2019
Uptick Newswire Hosts the CEO of American Premium Water to Discuss the Future of Infused Beverages and other Products as Well as the Company’s Plans for 2019.
About this update from American Premium Water Corporation
[{"type":"text","content":"\nPHOENIX, Jan. 17, 2019 (GLOBE NEWSWIRE) -- The Uptick Newswire Stock Day Podcast welcomed American Premium Water (OTC: HIPH), a diversified luxury consumer products company focused on businesses in the health and beauty and biotech sectors. American Premium CEO Ryan Fishoff talked with Stock Day’s Everett Jolly.\n\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n\n Jolly started off the interview by saying he sees that infused beverages will be one of the hot items of 2019, Fishoff agrees. “I do think that is going to be the big topic in 2019, especially with the recent passage of the 2018 Farm Bill, which essentially legalizes Hemp and CBD products. It opens up a lot of different markets, it opens up a huge appetite and demand in the marketplace for infused beverages and I think we are the right time to be able to meet that demand with our LALPINA CBD product,” says Fishoff. He went on to say they are excited about the demand and energy in the industry. Jolly then mentioned American Premium Water Corporation has entered into a financing agreement with an institutional investor at a $0.40 valuation. “Really, what that represents is that there is a significant confidence in the institutional investor that we are working with,” Fishoff explained. “They believe that our company is on the right track, that we are executing our business plan, and what we’ve outlined for 2019 and beyond is well within our goals and able to execute on. We are really excited about what the future holds for us.” Jolly then mentioned that everyone is getting in on this market share and asked for Fishoff’s take on 2019. He did mention that the competition is increasing. “But what we’re seeing is a lot of the alcoholic beverage companies are going towards the cannabis market, simply because that’s where it’s fully legal. In the US, when you get on a federal level versus a state by state level, I think that’s one of the things that we have the advantage of because we are not a large, established company, we don’t have those restrictions or worries.” Fishoff went on to say the company has an infused THC formulation that they are working on and will roll it out in California this year. They will see what the regulatory issues are and then try and export to other s...