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“Expanding distribution for the Company’s portfolio of brands and products is our number one priority. Diversifying our product mix will allow us to capitalize off the demand in CBD products from big box retailers. As I’ve previously discussed, big box retailers have had some hesitation carrying CBD-infused ingestibles because of the lack of clarity from the FDA. Cosmetics have been more widely accepted, as CVS, Walgreens, Krogers, and other large chains have begun to stock CBD topical products. Certainly we will be targeting these chains among others for retail distribution for plant + body and our other topical brands. The Company is also actively working on expanding distribution of LALPINA CBD Water; we recently added 7-Eleven as a distribution channel. The initial results have been quite positive as that store sold out its initial order and was re-stocked last weekend. We are in discussions to add more stores. In addition we are working on developing more products in the beverage category that will open sales in more stores. The Company is also actively seeking opportunities to grow revenue through acquisitions and partnerships that align with our business plan. The Company is poised to close the year strong and I look forward to keeping shareholders updated as milestones are achieved,” concluded Mr. Fishoff.
American Premium Water Corporation CEO Ryan Fishoff stated, “I am pleased to announce that plant + body essentials e-commerce store is live and is ready, just in time for the holiday shopping season. This is another step towards generating revenue for the Company and monetizing the Company’s assets. The plant + body product is exceptional and is priced competitively with comparable products. The CBD topicals segment of the market is attractive as big box retailers have embraced this product category. This a growing segment of the market that has no clear market front runners; we feel there is a significant potential in this space for growth and opportunity. The Company is working hard to expand distribution for plant + body outside its e-commerce site. I invite shareholders to go to our site and test the samples. Everyone keep their eyes open; there will be investor specials throughout the holiday season.
The Company acquired the brand earlier in 2019, and will launch sales with four products – three complimentary CBD-infused topical balms and one CBD-infused lip balm. The Company is also in discussions with retailers and distributors to sell the brand in stores.
The Company’s topical CBD brand is now available for sale on its website; discussions ongoing for retail distribution
The Company has invested significant resources into Vanexxe and plant + body CBD essentials as part of its diversification strategy to offer more comprehensive CBD infused products. I anticipate some announcements in the near future about expanded distribution for both these brands, while the Company is working on launching other CBD-infused topical products in the enar. It's an exciting time for the Company as we look to close the year strong. I look forward to keeping shareholders updated about our progress with these developments as soon as I am able too,” concluded Mr. Fishoff.
The Company continues to focus on expanding distribution for its LAPINA CBD water products. There has been some resistance from big-box retailers, as there is hesitancy to commit to carrying CBD-infused ingestible products until the FDA gives clear guidance as to how CBD ingestible should be sold. While we are optimistic guidelines will be issued in the next few months, the Company is being prudent focusing on the cosmetic/topicals side of the business, where there is more clarity on selling guidelines, leading to more opportunity from big-box retailers.
This is a good start for the Company to expand distribution into the other stores in the network; in the US and globally, as 7-Eleven’s domestic store count only represents roughly 12% of its entire global footprint of 68,000 plus store. This global footprint aligns with the Company’s global expansion plans that we have been focusing on over the past year.”
American Premium Water Corporation CEO Ryan Fishoff stated, “I am happy to announce that LALPINA CBD will now be sold in 7-Eleven. I feel the chain is an excellent platform for our LALPINA CBD products. They have had a history of being progressive with their product offerings. I hope other large chains follow their lead in selling all forms of CBD products.
This development is part of 7-Eleven’s initiative to be a front-running retailer in the consumer CBD market.
The product will initially be sold at the 7-Eleven located at 11401 Ventura Blvd, North Hollywood, CA 91604. This location is part of a 25-store network owned by an individual franchisee, who is a part of the chain’s 7800+ network of stores in the United States.
The Company’s CBD Beverage is Entering 7-Eleven’s 68,000+ Worldwide Network of Stores
Just pending more action on the ask side
No sellers out there
Agree more momo would be good here
Let's hope for the best
Hopefully next year sales will reflect
Wonder who is accumulating shares down here
I don't understand why it's trading down here with all the recent good news
Let's see what's up
Yes would be good to have another green close
2020 will be our year
Bottom is in
Shouldnt go lower
End of week bounce?
Looks like next year we good with numbers
And Vanexxe in walmart
Yes with the 7eleven distribution
Ryan been working his a$$ off this year
Can't wait for more good news
Hope so man
Lets see an end of year bounce
Went down on low volume nothing to worry about
Yes this one has nothing to do down here
Bullish here, 2020 should be our year
Great article today
Yes very fast on strong volume
Anything down here will be profitable in 2020
It's trading at a very low pps down here
The Company acquired the brand earlier in 2019, and will launch sales with four products – three complimentary CBD-infused topical balms and one CBD-infused lip balm.
The Company’s topical CBD brand is now available for sale on its website