Thursday, May 9, 2019
Wednesday, May 8, 2019
#Hemp/ #CBD Companies Build New Distribution Channels and Drive Innovation Preparing for the Next Phase of Marketing (OTC: $HIPH) (OTC: $LRSV) (OTC: $KGKG) (OTCQB: $CVSI)
#Hemp/ #CBD Companies
Build New Distribution Channels and Drive Innovation Preparing for the Next
Phase of Marketing (OTC: $HIPH) (OTC: $LRSV) (OTC: $KGKG) (OTCQB: $CVSI)
Point Roberts WA,
Delta BC –May 8, 2018 - Investorideas.com, a leading investor news resource covering
hemp and cannabis stocks releases a snapshot looking at how companies in the
sector are continuing to increase their distribution footprint in preparation
for their CBD product releases.
There continues to be
an aggressive push for distribution agreements among key CBD product players.
Strong global distribution channels will be essential in creating early consumer
brand awareness and developing revenue streams for the time when CBD products will
hit the market, especially with larger mainstream retailers.
Read this in full at
Kona
Gold Solutions, Inc. (OTC: KGKG), a hemp and CBD lifestyle brand focused on product
development in the functional beverage sector, is looking to expand its
distribution having announced that it has partnered with sixteen
new distributors within the last thirty days.
These new distribution partners are located in California, Idaho,
Indiana, Kentucky, Louisiana, Minnesota, Nevada, New Mexico, New York,
Oklahoma, Texas, Virginia, Washington and Wisconsin. With its Kona Gold Hemp Energy Drinks and
HighDrate CBD Energy Waters, the Company continues to grow its market share in
the hemp and CBD infused beverage sector by adding new distribution partners,
further solidifying itself as a leader in its market. Kona Gold currently has distribution partners
in 24 states.
Kona Gold announced earlier this month it has begun
production of its new exciting flavors for both its Hemp Energy Drink and CBD
Energy Water product lines. These new
Kona Gold Hemp Energy Drink flavors include Bubble Gum and Candy Apple, while
the new HighDrate CBD Energy Waters include Sour Apple and Blue Island Punch. All new flavors are expected to hit the
market by mid-to-late May.
“The Company is growing its market presence at its fastest
pace to date and our revenue is a reflection of that growth,” stated Robert
Clark, CEO of Kona Gold Solutions, Inc. “This month, Kona Gold has moved the
largest amount of product it has ever moved in a one month timeframe, over
10,000 cases, and with our new flavors launching next month, we do not
anticipate that to slow down.”
Kona Gold’s highly anticipated Storm CBD High Alkaline
Water is also expected to hit the market at the end of May. The Company’s Storm CBD High Alkaline Water
will be available in popular 1.0 Liter bullet bottles and contain 20mg of CBD.
American Premium Water Corporation (OTC: HIPH) recently announced that its varicose
vein cosmetic, Vanexxe is now available for sale on
Amazon. An agreement was also
reached with Incentibuys, one of Asia’s fastest growing multi-level marketers
to distribute the product through their network of distributors across China,
Korea, Malaysia, Vietnam and Indonesia.
American Premium CEO, Ryan Fishoff commented,
“I am excited to announce that Vanexxe is available for sale on Amazon. This is
a great accomplishment for the Company, as this first of its kind product is
now available for sale on the world’s largest cosmetics and consumer goods
platform. Amazon is a great channel to get brand exposure and connect with
customers, domestic and internationally. The agreement with Incentibuys will
expand our international distribution footprint to Asia, especially China and
Korea, where there is large demand for this product. This is a fast growing
network of independent distributors who will be actively selling Vanexxe, a
rarity in the MLM space where there is no exclusivity to the network. The
Company will have the opportunity to sell other products into this channel,
including its LALPINA CBD water brand, gaining entry into one of the world’s
largest markets.”
Incentibuys (www.incentibuys.com) is one of Asia’s
fastest growing multi-level marketing (MLM) platforms, with over 12,000
independent distributors across China, Korea, Malaysia, Vietnam and Indonesia
in addition to distributors in the UK and South Africa. The Company projects
that this agreement could generate sales of up to 10,000 units a month sold
across the distribution network.
“The agreement with Incentibuys opens up
strategic markets in Asia for the Company. Leveraging the network of over
12,000 independent distributors is an innovative medium for the Company to
introduce its products into some of the world’s largest markets. Vanexxe could
generate seven-figure revenue from this channel alone. There is a lot of
potential in this marketplace for CBD and non-CBD products. This is just the
beginning of the Company’s efforts to solidify a global distribution footprint,
adding to existing channels in the UK (United Kingdom) and Europe. The Company
is taking the proper steps building these channels strategically to create a
worldwide distribution network that will increase revenue, enhance shareholder
value, and distinguish ourselves from competitors who are only focused on the
domestic markets. The Company is engaged in discussions with many national
retailers and I look forward to providing an update to shareholders,” concluded
Mr. Fishoff.
This distribution
deal follows hot on the heels of the company’s recent news of an agreement with
LinkResPet, a subsidiary of Link
Reservations Inc. (OTC: LRSV), a company
providing cannabidiol-based (CBD) products specifically for pets, who announced the signing of a
letter of intent with American Premium Water to create a new CBD beverage aimed
for pets. The Joint Venture (JV) will plan to launch a new LinkResPet product
beverage “powered by” LALPINA CBD by the end of the year.
“We are always on the
lookout for the best way to treat animals, and by combining our LinkResPet CBD
formula with American Premium’s hydro nanotechnology, we are creating a new and
innovative way to deliver powerful CBD properties to pets,” explains Rene
Lauritsen, CEO at Link Reservations Inc. “By partnering with American Premium
Water Corp and co-branding our new product with LALPINA CBD, we are raising the
profile and recognition of both our CBD pet products and our brand, reassuring
our customers of our quality and trustworthiness when treating their pets. We
are really excited for this JV and look forward to working together in breaking
barriers and developing innovative products for animals.”
Following the rise in
demand for CBD products in the pet care sector, LinkResPet is looking for new
ways to administer CBD solutions to companion animals. Currently, CBD is being
used to treat anxiety and pain among dogs and cats
without the harmful side effects of some mainstream therapies.
American Premium
Water Corporation CEO, Ryan Fishoff added, “Entering a JV with LinkResPet
brings a huge opportunity for us by working with an innovator in the pet care
sector. We are excited to introduce CBD infused water to the sector as this is
an area we have been looking to enter. In LinkResPet we have found the perfect
partnership, with natural synergies and values as well as a strong belief in
the properties in CBD. We look forward to working with Rene and his team to
develop this innovative product for pets.”
CV
Sciences, Inc. (OTCQB:CVSI), a preeminent supplier and
manufacturer of hemp CBD products, has also announced further expansion of its
industry-dominating brand, PlusCBD Oil™. As of March 31, 2019, PlusCBD Oil™
branded products are available in 3,308 retail stores, up 48% from 2,238 retail
stores as of December 31, 2018.
The expansion includes broadening distribution of its
best-selling topical, PlusCBD Oil™ Extra Strength Balm, into the Food, Drug and
Mass (FDM) channel, including programs with leading national retailers.
“The passage of the 2018 Farm Bill has accelerated our business
development activities and expanded our distribution to new food, drug, mass
merchandise retailers,” said Joseph Dowling, Chief Executive Officer. “We are
at an important stage in the development of the hemp-based CBD market, and the
company is well-positioned to capitalize on both growing consumer demand and
the benefit of enhanced regulation that supports and ensures the safest and
highest quality hemp-based CBD products for consumers.”
These are far from the only distribution agreements
announced in the last few months, as more and more CBD companies emerge each
day and large scale retailers and distributors such as Walmart and CVS join the marketplace with its
increased momentum. As we continue to anticipate the CBD explosion expected to
occur later this year, for now proper distribution channels remain an essential
strategy for any company looking to compete on a global scale.
For investors
following cannabis stocks, Investor Ideas has created a stock directory of publicly traded CSE, TSX, TSXV, OTC, NASDAQ, NYSE, ASX
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Monday, May 6, 2019
Friday, May 3, 2019
#CBD Gets Better and Bolder: #Hemp CBD Companies Find New Distribution and Innovations (OTC: $HIPH) (OTC: $LRSV) (OTC: $CVSI) (OTC: $GDET)
#CBD Gets Better and Bolder: #Hemp CBD Companies Find New Distribution and Innovations (OTC: $HIPH) (OTC: $LRSV) (OTC: $CVSI) (OTC: $GDET)
Point Roberts WA, Delta BC – May 3, 2019 - Investorideas.com, a leading investor news resource covering hemp and cannabis stocks releases a snapshot looking at the hemp and CBD oil sector and how as the market gets crowded with CBD products, companies are betting on innovation and new distribution to help them stand out.
We’ve been hearing constantly about CBD, ever since the passing of the 2018 Farm Bill, but how can any one company hope to stand out in such an ever-growing crowd? The answer that seems to be appearing more often is unique and innovative product offerings along with unique distribution arrangements.
American Premium Water Corporation (OTC: HIPH) announced that it has entered into a letter of intent with Link Reservation, Inc. (OTC: LRSV) to form a joint-venture to produce a CBD-infused water specifically designed for consumption by household pets. This product will be the first pet CBD beverage on the market which allows both companies to be in a unique position moving forward. It will be sold under the LinkRes Pet brand “powered by” LALPINA CBD. The product is expected to be released in 2019.
Read this in full at https://www.investorideas.com/news/2019/cannabis/05032Stocks-HempCBD.asp
CEO of American Premium Water Corporation, Ryan Fishoff commented, “I am excited to announce this joint venture with LinkRes Pets to produce the first CBD-beverage for pets! The consumer market is huge, and there are many studies that have shown how pet health can benefit from consumption of CBD. This is a great partnership for the Company. We will be providing our proprietary Hydro-Nano formulation to be used in the manufacture of the product by LinkRes. They will handle logistics and distribution; while the Company will assist with marketing. This partnership will provide great exposure for the LALPINA CBD brand. Every pet owner is also a potential customer for our LALPINA CBD water. Pet owners statistically are more affluent than non-pet owners; co-branding with LinkRes will bring additional exposure to our Company to a very captive consumer base.”
In mid- April American Premium Water also announced that the Company had received a two container order from a distributer in the UK. The order is expected to ship out during the 2nd quarter and be reflected in the subsequent Q2 financials. Based on the expectation of residual orders from this distributor and other pending distribution deals, the Company is announcing guidance for fiscal year 2019 of at least $1 million in expected revenue.
Rene Lauritsen, President and CEO of LinkRes Pets commented, “It is great to partner with a company like American Premium Water Corp. Their Hydro Nano technology is very advanced in the marketplace that is backed with scientific data, which aligns with the LinkRes brand. Co-branding with the LALPINA CBD is the key element that will be essential for a successful launch creating this brand new product category (Pet CBD Beverages). This partnership will be very impactful for LinkRes Pets, and I look forward to working with Ryan and his team in the coming months developing this product.”
LinkRes Pets (www.linkrespet.com) produces CBD products specifically tailored for cats, dogs and horses. LinkRes current product offering is exclusively CBD oil. The partnership with American Premium Water would be their first product outside of CBD oil. The American Pet Products Association estimates that the US pet product industry will be worth over $75 billion in 2019. New Frontier Data projects that the CBD Pet Product Market will reach $125 million in sales by 2022. And according to a report by Research and Marketing, over 55% of US households own a pet, and are more likely to be in a higher income household than non-pet owners.
“There is a huge opportunity with this partnership. Currently there are no pet CBD beverages on the market, and the pet beverage market itself is very limited and underdeveloped. We are going to be starting out with a huge head start. This product has the potential to add $1-3 million dollars of incremental revenue to the P&L once full distribution is reached. This partnership is an example of how the Company’s IP and technology acquisition strategy is paying dividends. The Company is leveraging its proprietary Hydro-Nano formulation to generate incremental revenue. The Company will continue to seek partnership opportunities in new categories, similar to our partnership with Hanlon’s Brewery in the UK. We are currently engaged in discussions with other potential partners about leveraging the Company’s technology into new product categories and applications. I look forward to providing shareholders with updates on these conversations when developments are ready to share.” concluded Mr. Fishoff.
CV Sciences, Inc. (OTC: CVSI), a preeminent supplier and manufacturer of hemp CBD products, recently announced further expansion of its industry-dominating brand, PlusCBD Oil™. As of March 31, 2019, PlusCBD Oil™ branded products are available in 3,308 retail stores, up 48% from 2,238 retail stores as of December 31, 2018.
The expansion includes broadening distribution of its best-selling topical, PlusCBD Oil™ Extra Strength Balm, into the Food, Drug and Mass (FDM) channel, including programs with leading national retailers.
“The passage of the 2018 Farm Bill has accelerated our business development activities and expanded our distribution to new food, drug, mass merchandise retailers,” said Joseph Dowling, Chief Executive Officer. “We are at an important stage in the development of the hemp-based CBD market, and the company is well-positioned to capitalize on both growing consumer demand and the benefit of enhanced regulation that supports and ensures the safest and highest quality hemp-based CBD products for consumers.”
The company also announced that it will release financial results for its first quarter 2019 ended March 31, 2019, after the stock market closes on Wednesday, May 8, 2019. The Company will hold a conference call with the investment community at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time) that same day.
The webcast of the conference call will be available on the Investor Relations section of the Company's website at https://ir.cvsciences.com/news-events and at http://public.viavid.com/index.php?id=134448. The webcast will be archived for approximately 30 days.
GD Entertainment And Technology (OTC: GDET) has also garnered new distribution for their unique products having recently announced that the company’s Hemp Derived CBD wellness and cosmetic products will now be available on EBAY (www.EBAY.com/thegreeneryshop). The Company launched its brand-new Hemp Derived CBD product line last weekend in conjunction with the annual 420 celebration. Sales have been even better than expected. In addition to now being available online at EBAY, GDET's The Greenery hemp derived CBD wellness and cosmetic products are also available at www.thegreeneryco.com.
The company also announced that Goldman Small Cap Research issued a research report on the Company. The report includes a target price-per-share of $0.06. The report reviews recent events and provides an analysis of GDET's new initiatives. To view the research report, along with disclosures and disclaimers, visit http://www.GoldmanResearch.com.
As mentioned above, CBD news is and will most likely continue to be non-stop for 2019 which means each company in the space will have to work harder to stand out and secure early distribution. While this may be stressful for companies currently in this space, or thinking of entering, this is a massive boon for US customers who will soon have easy access to a vast array of impressive hemp derived/CBD products.
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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Contact management and IR of each company directly regarding specific questions.
More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Disclosure : this article featuring HIPH is a paid for service on Investorideas ( two thousand third party ) . Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
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