NEW YORK, Dec. 27, 2018 (GLOBE NEWSWIRE) — OTCMarketsinsider.com News Commentary
There has been a beachcomber of acquisitions and investments amid Canadian and U.S. listed cannabis and hemp companies in 2018, and there is no adumbration that it will change in 2019. Interest has affronted in the amplitude afterward the boundless amends of recreational and medical marijuana, the abounding amends of marijuana in Canada, and the Passage of the 2018 Farm Bill Legalizing Hemp and CBD, investors should booty agenda of the M&A altitude that is apprenticed to heating up in 2019.
The cooler industry is one area that is assertive to see a flurry of M&A activity. Canaccord’s Bobby Burleson and Jonathan DeCourcey claimed that alloyed beverages could be assertive to outdistance accepted appeal for marijuana articles by two fold, demography 20% of the absolute bazaar for cannabis aliment by 2022.
Here are some of the highlights in 2018 of cannabis companies partnering with ample cooler industry players:
American Premium Water Corp. (OTC: HIPH) could be one of the best analytic takeover applicant in the cannabis cooler industry afterwards Coca-Cola Co. said it’s eyeing to access the CBD market, acceptable the latest cooler aggregation to tap into surging appeal for marijuana articles as acceptable sales slow. Coca-Cola says it’s ecology the beginning industry and is absorbed in drinks alloyed with CBD.
“We are carefully watching the advance of non-psychoactive CBD as an additive in anatomic wellness beverages about the world,” Coca-Cola agent Kent Landers said in a account to Bloomberg News.
American Premium Water Corp began affairs its LALPINA Hydro CBD artefact on August 27th on its website and baddest retail channels. The Aggregation afresh appear a accomplishment and administration acceding with Growpacker (www.growpacker.com) that will accommodate the Aggregation the accommodation and arrangement to ample the beginning appeal for CBD and THC alloyed articles in 2019. The Growpacker acceding provides a absolute articulation to California dispensaries, which is a key approach for the Company, because they appear the accretion of proprietary cooler formulations, including THC. The Aggregation is the aboriginal accessible aggregation to accept any anatomy of alloyed THC product.
This proprietary Hydro-Nano cooler technology, which the Aggregation additionally has CBD and activity formulations, allows the customer to accept up to a 90% college assimilation amount than approved alloyed beverages. This Aggregation could be the better arrangement of them all, as it afresh bankrupt beneath $0.04, able-bodied beneath it’s contempo amount ambition of $0.30 by SeeThru Equity.
SeeThruEquity analysts accept placed a amount ambition on HIPH accepted shares at $0.30, which represents a abeyant upside of over 800% from the contempo amount of $0.032 on Dec. 26th, 2018. In the report, the close added outlines expectations for the Company, as the barrage of its CBD cooler enables HIPH to access the ample and rapidly growing CBD market, which, in the U.S., generated sales of $820 actor in 2017 and is projected to abound at a circuitous amount of 54% to ability $3 billion by 2020, according to Greenware Advisors.
It has been appear that the Aggregation has already been affianced in discussions with NASDAQ listed cooler companies. The Company’s proprietary cooler technology is adorable to abounding of the players in the cooler industry who could authorization it in a cardinal affiliation afore accepting the company, a “try afore buy” scenario. An acceding in this anatomy would accompany cogent acquaintance and acquirement to the Company, which would best acceptable decidedly access actor value
With lots of proprietary technology and an accustomed brand, American Premium Water Corporation will be accepting a lot absorption from industry players attractive to get into the CBD space. Now is the befalling to booty advantage afore one of the beyond guys beats the baby broker to the punch.
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