#CBD #Stocks in the News: American Premium Water Corp. (OTC: $HIPH)
Announces Joint Venture with Cali Bear to Sell CBD Infused Waters, Edibles, and
Topicals; @AmericanPremium
The Company Will Produce Products Labeled with the
Lifestyle Brand for Distribution in the US and Internationally as Part of the
Joint Venture
PLAYA VISTA, CA – February 24, 2021 - Breaking
CBD/water stock news from Investorideas.com Newswire- American Premium
Water Corporation (OTC: HIPH) (the “Company”)
announces that it has entered into an agreement to form a Joint-Venture with
Cali Bear (www.calibear.life ), a lifestyle CBD brand to produce CBD
infused water, edibles, and topicals under the Cali Bear brand, with full
participation of the Team Cali Bear influencers. The Joint Venture will cover
domestic and international retail and e-commerce channels. Products are
expected to be available for purchase online by April 20th, 2021.
Read this news,
featuring HIPH in full at https://www.investorideas.com/news/2021/cannabis/02241HIPH-CBD-Infused-Waters.asp
Ryan
Fishoff, CEO of American Premium Water, commented, “I am very excited to
announce the signing of a Joint Venture agreement with Cali Bear. This is a
tremendous opportunity to partner with an emerging CBD brand that sets the
standard for ‘performance lifestyle’. The brand has a great aesthetic that will
translate well in the marketplace. Cali Bear embodies the sport, beach, and
surf culture, an embodiment of the California lifestyle which is synonymous
with fun, excitement, and high level performance. The CBD products that we are
manufacturing combined with our nano technology, delivering the best possible
user experience for the consumer, fits well within the ethos of the brand. I
believe our collective efforts will take the Company to new heights, as this
Joint Venture provides the Company with a significant revenue stream from the
various products that will be sold. This partnership will allow the Company to
expedite our distribution strategy, as there are a number of outlets that have
already shown interest in these products, both domestically and
internationally. We anticipate the launch date for these products to be around
April 20th, 2021. The Joint Venture also allows for the Company to produce
branded smokable CBD products and THC-infused beverages, something both parties
will explore later this year.”
As
part of the Joint Venture, the Company will be responsible for the production,
manufacture, and distribution of the products sold under the Joint Venture.
This includes management and fulfillment of e-commerce orders. Cali Bear,
founded in 2018, has assembled a team of influencers and brand ambassadors that
will provide the Company high quality engagement and content to promote a
robust direct-to-consumer e-commerce strategy. Cali Bear’s team of ambassadors
include gold medalist and four-time Brazillian national team Olympian Ricardo
Santos, 2021 Team USA Olympian Trevor Crabb, 18-year AVP Beach Volleyball
veteran Ty Loomis, AVP Tour professional Miles Evans, Puerto Rican national
team member Roberto “Rafu” Rodriguez, and Polish national team member Piotr
Marciniak.
Christopher
Shipps, Founder of Cali Bear, commented, “Cali Bear is dedicated to sourcing
the best ingredients and innovative CBD technologies. A Joint Venture with
American Premium Water (APW) will streamline Cali Bear, while providing our
customers with consistent, high quality, natural, and organic products. I
foresee that together, this partnership can achieve rapid sales growth within
the US and internationally. Our distribution program will leverage our
multi-national influencer team and quickly propel the brand. Cali Bear is very
excited for our Joint Venture with APW, the future looks bright together."
About American
Premium Water Corp.
American
Premium Water (OTC: HIPH) is a diversified luxury consumer products company
focused on businesses in the health and beauty and biotech sectors. The company
is focused on harnessing the powers of Nano technologies paired without
cannabidiol (CBD) to treat health disorders and enhance quality of life. The
company’s portfolio includes the LALPINA Hydro and LALPINA CBD brands (www.lalpinahydrocbd.com ), Gents (www.gentsco.com), Vanexxe (www.vanexxe.com) plant + body essentials (www.plantbodyessentials.com).
Safe Harbor Notice
Certain
statements contained herein are “forward-looking statements” (as defined in the
Private Securities Litigation Reform Act of 1995). American Premium Water
Corporation cautions that statements made in this news release constitute
forward-looking statements and makes no guarantee of future performance.
Forward-looking statements are based on estimates and opinions of management at
the time statements are made. These statements may address issues that involve
significant risks, uncertainties, estimates and assumptions made by management.
Actual results could differ materially from current projections or implied
results. American Premium Water Corporation undertakes no obligation to revise
these statements following the date of this news release. Additional details of
the Company's business can be found in its public disclosures as a reporting
issuer under the Securities Exchange Act of 1934 filed with the Securities and
Exchange Commission's ("SEC") EDGAR database.
This
press release is issued on behalf of the Board of Directors of American Premium
Water Corporation.
Investor Relations
888-983-0054
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