Drink it Up; #Cannabis/
#Hemp Infused #Beverage Distribution Agreements In Full Swing; (CSE: $POT.C)
(OTC: $HIPH)(CSE: $KBEV.C) (TSXV: $ZENA.V)
Point Roberts WA,
Delta BC – March 21, 2019 - Investorideas.com, a leading investor news resource covering
hemp and cannabis stocks releases a snapshot focusing on the latest
distribution agreements for cannabis/hemp infused beverages as companies
prepare for legal sales.
There has been an
abundance of speculation surrounding the beverage section of the cannabis/hemp
industry but that is coming to an end, as many companies reach distribution
deals to have their products on shelves and available online.
American Premium Water Corporation (OTC: HIPH) is looking at both
avenues, having announced that it has launched an updated e-commerce website
for its LALPINA CBD brand. The new website will be at www.lalpinahydrocbd.com and will utilize GreenBox POS proprietary blockchain based payment process
technology, which will allow for uninterrupted e-commerce sales.
American Premium CEO,
Ryan Fishoff, commented, “I am happy to announce that LALPINA has a new
e-commerce website for its CBD beverage. The Company has been working on this
project for awhile; I feel that LALPINA has a website that is commiserate for
its stature in the industry. Having Greenbox’s blockchain payment processing
technology will give the Company stability on its online sales channel, which
will allow us to ramp up social media marketing and sales initiatives.”
This came after the company announced that its LALPINA CBD
will be sold in General Nutrition Center locations, one of the world’s largest
vendors of health and nutritional products, with over 4600 outlets in the US
and 1900 international stores.
Weekend Unlimited
Inc. (CSE: POT) (OTC: WKULF) recently announced that Verve Beverage
Company has scheduled production for its CHAMP Energy and Verve beverage lines.
"We specifically targeted this point in
time to launch our Full Spectrum Hemp products into the market as part of our
activation at the HEMP TODAY experience at SXSWTM this week,"
said Mr. Brad Robb, President of VBC.
"This represents a significant
achievement for the Company, launching our brands with a focus on revenue
generation. The VBC brand team is advancing their plan to reach market right on
our schedule, the responses to the product line from distributors has allowed
us to produce an aggressive first run to accelerate the build out and
recognition of VBC's product brands into the consumer marketplace," said
Weekend Unlimited President and CEO, Mr. Paul Chu.
Koios
Beverage Corp. (CSE: KBEV) (OTC: KBEVF) recently provided a corporate
update on their sales and distribution.
From the
news:
“During Q1 of 2019, Management's priorities and main focus
were to secure major retail distribution and to drive sales through its
e-commerce and Amazon platforms. During the first quarter, Koios secured
supplier agreements with two of the largest retailers in the world and added an
additional 4,000 retail locations carrying its products across the United
States. Purchase orders from February 1, 2019 through March 13, 2019 total more
than CAD$734,876 excluding online revenue. Based on the success of sales
obtained from its current channels and conversations with its retail partners,
Management estimates that it will add an additional 2,500 retail locations
carrying its products across the United States in Q2 of 2019.”
Zenabis
Global Inc. (TSXV: ZENA) seems to be waiting until October
when Canadian legislation is expected to change to allow for edibles and
beverages. The company announced its beverage plans back in January
with the acquisition of 51% of Hillsboro Corp Inc. ("True Buch").
From the
news:
“True Buch is a kombucha company with expertise in the
creation of cultured tea beverages. True Buch cultured tea beverages are raw,
unpasteurized, gluten free and non-GMO, with over 11 distinct flavours. Zenabis
and True Buch intend to draw on each other's expertise to infuse cannabis into
True Buch beverages when permitted under applicable laws and regulations,
creating a cultured tea beverage CBD or THC product.”
With product sales now within reach, either online or in
store, investors will finally have a more realistic assessment of the beverage
sector within the cannabis industry. We can expect more and more eyes to be on
the Q3 and Q4 financials of multiple cannabis/hemp beverage companies as many
are expected to have live sales in the coming months.
For investors
following cannabis stocks, Investor Ideas has created a stock directory of publicly traded CSE, TSX, TSXV, OTC, NASDAQ, NYSE, ASX
Marijuana/Hemp Stocks
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