Money Continues to
Flow into Infused #CBD #Beverages and Wellness Space: (OTC: $HIPH)
(NASDAQ: $NBEV) (CSE: $VIDA.C) (OTC: $VATE)
Point
Roberts, WA and Delta, BC - April 24, 2019 (Investorideas.com Newswire) 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.
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.
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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