The American Premium Water Corporation recently declared that it has created a prototype LYNKS CBD Pet Water. The new product is part of the joint venture announced last month to make CBD-infused water for household pet consumption, using the proprietary Hydro-Nano formulation of the company. The launch of LYNKS CBD Pet water at retail outlets is expected by 2019’s third quarter if not sooner.
Ryan Fishoff, the CEO of American Premium Water Corporation, expressed his excitement during the announcement saying that the amount of retailers’ interests and inquiries led the company to fast-tracking the product’s development. He also mentioned that LYNKS CBD Pet Water has been designed to have a premium branding consistent with LALPINA CBD. Fishoff said that by having LALPINA CBD as part of Hydro Nano’s branding story, pet owners who have used Hydro Nano might be prompted to get LALPINA CBD too.
LinkRes Pets makes CBD products precisely meant for dogs, horses and cats, with their current CBD offering being CBD oil. Lynks CBD Pet Water is the first non-CBD oil product this company is offering. The American Pet Products Association projects that the pet industry in the US will be worth over $75 billion by the end of 2019. Also, New Frontier Data suggests that by 2022, CBD pet products sales will hit $125 million.
Making the announcement, Mr. Fishoff went on to say that the pet beverage market on its own is an almost inexistent market as there are minimal pet beverages aside from pet additives and protein drinks in the market. Hence, he believes that the company has an opportunity to get some shelf space quickly with their new product. Discussions with distributors are on, and the company is looking forward to sending some few samples out in the near future. Fishoff is bullish on the potential of their pet water, and believes that it could add an incremental revenue of 1 to 3 million dollars once distribution is fully functional.
Fishoff seemed amused by LYNKS CBD pet water successfully leveraging its IP and technology in generating revenue. This company’s focus on technology has for long now been paying dividends, and the Joint Venture with LinkRes pets will help LYNKS CBD utilize their Hydro-Nano formulation to get into markets outside their core focus. Partnerships with Lynne Franks (women’s beauty and wellness) and Hanlon’s Brewery (beer) are some successful examples with this strategy. Fishoff said that they are engaged in discussions with potential partners in regards to using the technology of the company for applications in different categories of products.
American Premium Water – More About
American Premium water is a consumer-products company whose focus is business in biotech, beauty, and health, sectors. This company focuses on harnessing powers of Nanotechnologies, Cannabidiol, and hydrogen, to treat offer relief and enhance the user’s life quality. The business model’s aim is marketing upcoming fashion brands through leveraging definitive retail partners as well as integrating disruptive block chain technologies to increase retail footprint. American Premium Water’s footprint includes LALPINA Productions, LALPINA Hydro, LALPINA CBD, LALPINA Records, Vanexxe, Canyon Create, and Gents.