- 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://cnw.fm/pLWa8).
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://cnw.fm/CB0Ur). 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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