#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
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