#CannabisStocks - Betting
on #Beverages: More Companies Focused on Plant Infused Beverage Products
Following Walmart (NYSE: $WMT) Deal (OTC: $HIPH) (NASDAQ: $NBEV) (CSE: $VIDA.C)
(OTC: $VATE)
Point Roberts WA,
Delta BC – April 23, 2019 - Investorideas.com, a leading investor
news resource covering hemp and cannabis stocks releases a snapshot focusing on
how more and more companies in the CBD and wellness space are heavily focused
on their infused beverage program and how recent larger distribution deals are
bringing in larger financial interests.
Read this in full at
New Age Beverages Corporation (NASDAQ: NBEV), the Colorado and Utah-based organic and natural beverage company
helped drive interest in the infused beverage space when earlier this month,
the company announced the distribution
expansion of their Marley brand with Walmart, the world's largest retailer.
Following a complete
redevelopment of the Marley portfolio following the acquisition by New Age in
mid-2017, which included the development and launch of Organic Marley Mate and Marley
Cold Brew, the Marley brand was one of New Age's leading brands in growth in
2018 with increased demand of more than 70%. Marley Mate led its segment and
drove category growth and the resurgence of the Marley Mellow Mood Relaxation
Drinks following its remake has paved the way for the launch of Marley Mellow
Mood + CBD, which is launching globally in 2019.
American Premium Water Corporation (OTC: HIPH), a company focused
on businesses in the health, beauty and biotech sectors, as well as on harnessing the powers
of hydrogen and nano technologies paired with CBD to treat health disorders and
enhance the quality of life, recently announced an additional
financing agreement with an institutional investor at the same $0.40 valuation
the Company received in January. Similar to the previous agreement, a
substantial portion of the Company’s convertible debt will be retired. The
retirement will be reflected in the Company’s 2nd quarter 2019
financials. Per the terms of the
agreement, the investor shall remain anonymous.
American Premium CEO,
Ryan Fishoff commented, “I am excited to announce that the Company has entered
into this agreement for additional financing at a .40 valuation. I view this as
an affirmation of the progress the Company has made over the past few months,
which has included the large two container orders from a distributor in
England, our partnership with Hanlons brewery to make a CBD infused beer, the
release of independent scientific testing results affirming the efficacy of our
proprietary Hydro Nano formulation, the acquisition of plant + body essentials,
and the increase in domestic demand. The accomplishments that have been made so
far this year are reflected in the $1 million FY19 guidance issued last week,
this additional financing is a validation of the Company’s direction. There is
still a lot of progress to be made achieving our business plan, but the
financing will give the Company the ability to achieve and potentially exceed
our fiscal year 2019 target.”
Phivida Holdings Inc. (CSE: VIDA) (OTCQX: PHVAF) has also announced a recent
distribution partnership with Scout Distribution, an innovative beverage
distributor based in San Diego, California. Scout will be the official distributor
of Oki beverages in the San Diego area, a region with over three million people
that is also ranked as a top ten wellness market by the MINDBODY Wellness
Index.
Elev8 Brands, Inc. (OTC: VATE) is aiming to build
brand awareness having announced the release of its
brand new, redesigned website and Search Engine Optimization (SEO) courtesy of
Bright Rain.
“Elev8 Hemp worked closely with Bright Rain
to create a beautiful, simple, and product-focused design to continue driving
our sales and position ourselves as leaders in the CBD-infused beverage
marketplace. Because of Bright Rain’s experience in the design and SEO
business, they embraced our desire to disrupt the beverage market and create
products that bring joy to our customers while providing new options for health
and wellness.”
Infused beverages
look to be the future of the beverage sector and are expected to get another
large boost following the upcoming public hearing on CBD regulations that the
Food and Drug Administration (FDA) is holding on May 31. The FDA announced
earlier this month that it was accepting public comments on CBD regulations, and so far more than 400 people have already
commented, saying that regulations should be light and companies should be able
to lawfully market products containing CBD.
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