American Premium Water Corp. (HIPH)

[Major Baker]

Growpacker Inc. is a Canadian based company, which through its American interest in GP Holdings LLC, is engaged in expanding the ancillary side of the California cannabis industry. Growpacker recently announced a partnership agreement with InterContinental Beverage Capital ("IBC"), a New York-based advisory and merchant banking firm whose founders and partners have held top executive positions with multiple beverage companies, including MillerCoors, Coca-Cola, Red Bull, Diageo, and Cadbury Schweppes. Growpacker also recently named Keith Villa as a strategic advisor to the company. Mr. Villa created America’s number one selling craft beer through Blue Moon Brewing Company in 1995 as an operating unit of Coors Brewing Company, which later became MillerCoors.

This is HUGE!!! Ryan Fishoff is making moves!!!

The partnership between the Company and Growpacker gives immediate access to the California cannabis market. BDS Analytics estimates that sales of cannabis related products could hit $3.7 billion by the end of 2018, and is predicting that number will reach $5.1 billion by 2019. Analysts at Cowen & Co. believe the US legal cannabis industry could reach $50 billion by 2026, with California accounting for about $25 billion of that market, according to CFN Media Group. The Company will be well positioned to access the country’s largest cannabis market as Growpacker has many cannabis industry relationships through its strategic partners in the state that will give the Company direct access to this $5 billion market.

$HIPH

https://globenewswire.com/news-release/2018/12/10/1664286/0/en/American-Premium-Water-Corp-HIPH-Announces-California-Co-Packing-Partnership-with-Growpacker.html