PLAYA VISTA, Calif., Dec. 03, 2018 (GLOBE NEWSWIRE) -- American Premium Water Corporation (OTC: HIPH) announces that it has engaged Canadian law firm Aird & Berlis with the intention to begin the process to list on a Canadian stock exchange. The Company’s goal is to be listed in Canada by the end of the first half of 2019.
American Premium CEO and Interim Chairman Ryan Fishoff, commented “Today’s announcement is the first step to expand the Company’s reach into North American and the global investor market. Listing in Canada will allow the Company to access capital markets in a region that is more mature and experienced in the cannabis industry where there are established institutional investors in the space. It will also allow the Company to further establish its presence in the country to take advantage of distribution opportunities that will increase topline revenues. Over the past few months, the Company has acquired CBD and TCH infused technology; having a presence in Canada will enable the Company to maximize the monetization of these assets in a country where recreational cannabis is fully legal. Along with our uplisting initiative, listing Canada is a top priority for the Company which we believe will help increase shareholder value.”
Aird & Berlis (https://www.airdberlis.com) (“A&B”) is one of Canada’s more preeminent law firms focusing on the Cannabis sector. The firm has been at the forefront of the country’s evolution in the space. A&B has substantial cross-border transaction and structuring experience. A&B took the first South American recreational producer public in Canada through a brokered private placement and subsequent qualifying transaction. A&B has been involved with several go-public deals for companies involved in the U.S., Canadian and international cannabis industries.
“A&B is a tremendous firm and I am happy to be working with them. They have a tremendous amount of experience not only in Canada, but also doing cross border deals with US companies listing into Canada. The Company will be fast tracking this initiative and we’re hoping to get this done by the first half of 2019. The Company is taking this step for more than just 2019, it’s for 2020, 2021 and beyond. This is a long term effort to build the Company into a global player in the CBD and cannabis space. I’ve done cross border M&A deals in the past; I know the challenges doing transactions in different cultural and regulatory environments. This industry (cannabis) is still burgeoning especially on the international front. Establishing a presence in Canada and being listed on the exchange there will allow the Company to achieve this stature as a global player. Aside from Canada, the Company has been engaged in discussions outside of North America; when I can provide an update, I will share them as well as give updates on our progress up listing here in the US and into Canada.” concluded Mr. Fishoff.
About American Premium Water Corp.
American Premium Water (OTC: HIPH) is a diversified luxury consumer products company focused on businesses in the health and beauty and biotech sectors. The company is focused on harnessing the powers of hydrogen and Nano technologies paired with cannabidiol (CBD) to treat health disorders and enhance quality of life. This business model aims to market emerging fashion brands by leveraging classic retail partners and incorporating disruptive block chain technologies to expand the retail footprint. The company’s portfolio includes the LALPINA Hydro and LALPINA Hydro CBD brands (www.LalpinaInc.com), Gents, Worthy, and blockchain platform FashionCoinX (www.FashionCoinX.com).
Safe Harbor Notice
Certain statements contained herein are “forward-looking statements” (as defined in the Private Securities Litigation Reform Act of 1995). American Premium Water Corporation cautions that statements made in this news release constitute forward-looking statements and makes no guarantee of future performance. Forward-looking statements are based on estimates and opinions of management at the time statements are made. These statements may address issues that involve significant risks, uncertainties, estimates and assumptions made by management. Actual results could differ materially from current projections or implied results. American Premium Water Corporation undertakes no obligation to revise these statements following the date of this news release. Additional details of the Company's business can be found in its public disclosures as a reporting issuer under the Securities Exchange Act of 1934 filed with the Securities and Exchange Commission's ("SEC") EDGAR database.
This press release is issued on behalf of the Board of Directors of American Premium Water Corporation
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