- LALPINA
THC-infused beverage already has its prototype based on American Premium
Water’s unique hydro-nano technology
- This
technology will speed up further development stages, ensuring the early
launch of the product
- American
Premium Water is working on distribution agreements in both the U.S. and
Canada
American Premium Water Corp. (OTC: HIPH) announced the
development of a tetrahydrocannabinol (THC)-infused beverage prototype based on
the company’s proprietary hydro-nano technology. Upon the official launch of
the finished product, American Premium Water will be the first company on the
market to begin offering a hydro-nano-infused THC beverage (http://ibn.fm/uub3W).
American Premium CEO Ryan Fishoff said that the beta version
of its LALPINA Hydro-Nano THC beverage is an extension of the company’s
technology, which will speed up the development process in the future. There’s
potential for the product to become available on the market in the first
quarter of 2019 or sooner, Fishoff added.
The specialized technology developed by American Premium
Water ensures an absorption rate of up to 90 percent more in comparison to
standard THC and CBD beverages. This way, the active component can penetrate
cells almost immediately and bypass the bloodstream.
Currently, American Premium Water is discussing the
distribution of its beverage in U.S. dispensaries, as well as in Canada.
Previously in 2018, American Premium Water launched its
LALPINA Hydro CBD beverage. By October, the company had already successfully
negotiated a third party distribution deal. Initial sales went beyond
estimates, and American Premium Water has been negotiating with additional
distributors, as well. The creation of a THC-infused beverage puts American
Premium Water in a good position during such negotiations.
The company is pursuing distribution opportunities in
Canada, following the legalization of cannabis in the country. Adult use became
legal on October 17, 2018, and forecasts suggest that the sector will generate
$3 billion in sales by the end of 2018 (http://ibn.fm/ViNmG). By 2022, the sum is forecast to reach
the even more impressive $5.4 billion, combined for both the medical and
recreational markets.
Fishoff said that the legalization in Canada and the
development of the THC-infused beverage both provide room for growth and
extension of American Premium Water’s distribution channels.
Additionally, the
company’s headquarters in Los Angeles result in excellent understanding of one
of the biggest markets in the US. According to Fishoff, American Premium Water
can rely on an array of marketing events that will be rolled out in the months
before the launch of its new beverage. These events will enable American
Premium Water to make full use of its geographic advantage.
American Premium Water is a diversified holding company
headquartered in Playa Vista, California. The company manufactures, distributes
and markets branded consumer goods. Its portfolio of holdings caters to the
needs of a health-conscious market and luxury connoisseurs.
Over the past years, American Premium Water developed its
specialized nanotechnologies for the purpose of creating unique beverages. The
LALPINA portfolio includes the CBD-infused product that’s already on the market
and the THC-infused beverage in the process of development. The mix of hydro
and nano technologies increase solubility and bioavailability of the active
component for maximum benefit to the user.
For more information, visit the company’s website at www.AmericanPremiumWater.com
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Editor@QualityStocks.com
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