American Cannabis Holdings
Inc. (Operating Business for "ADHC") Enters Distribution
Agreement To Offer CBD Infused Tea to US
Market
DEL MAR, CA. -- October
17, 2018 -- InvestorsHub NewsWire -- American Diversified
Holdings Corporation (USOTC:ADHC)
announced today that is has enter an agreement to distribute CBD
infused tea to the US consumer markets. ADHC is in the process of
development an ecommerce site where consumers can purchase the CBD
infused tea for direct shipment. Each cup of tea will contain 5 mg
of CBD and will be sold in 18 unit packages at very competitive
prices.
The tea comes in three
flavors:
-CBD Chamomile Blend,
CBD Matcha Green Tea, CBD Peppermint,
and CBD Turmeric and Ginger Tea These teas are crafted using
nano-sized particle of
WATER-SOLUBLE CBD, the innovative process ensures the CBD actually
ends up in the tea and can be extracted into the hot water unlike
Oil soluble CBD.ADHC is actively seeking additional agreement
involving Cannabis infused coffee and energy drinks. ADHC
management has been closely following developments in the Cannabis
Sector and has determined the time is right to formally enter the
space.
"ADHC management is very
excited about this new initiative and are working diligently to
increase shareholder value and continue with the ultimate goal of
up-listing to the OTC-QB. The company has improved its balance
sheet by previously cancelling $1.2mm in debt without any dilution.
Shareholders are encouraged to follow ADHC as new developments are
rapidly occurring," commented management.
Several Major developments
have occurred that have provided the impetus for ADHC to make the
move into Cannabis.
-Canada will fully legalize
Cannabis nationwide on October 17th.
-US Federal policy has
loosened is classification of CDB to a schedule 5 drug. CBD in the
non-psycho-active component of the cannabis plant.
-Numerous pharmaceutical
companies are researching CBD to to develop therapies for major
diseases and disorders.
-Constellation Brands (maker
of Corona and Modela beer) has invested $4 billion
into Constellation Brands a Canadian Cannabis grower.
-Coca Cola (KO) is in talks
to enter the Aurora Cannabis (ACBFF) to develop CBD infused drinks
-Cowen Analyst Vivien Azer estimated the Cannabis market
could grow to over $200 billion in the next 15 years.
AMERICAN CANNABIS HOLDINGS
Inc. (ACHI) is a wholly owned operation division of ADHC. The first
business initiative in the Cannabis space for the company includes
signing an agreement with a manufacturer and packager of CBD
infused Tea. ACHI will be embarking on several strategies to
develop this business using ecommerce, On-line sales, Business to
Business, Business to Consumer models leveraging marketing
partners, retailers, product promotion services. It is anticipated
that ACHI will be offering CBD infused teas for sale to consumers
in the next few weeks.
Major companies in the
Cannabis space include: LEVEL BRANDS INC (LEVB), NEW AGE BEVERAGE
CORP (NBEV), TILRAY (TLRY), CANOPY GROWTH CORP (CGC), CRONOS GROUP
INC. (CRON), AURORA CANNABIS (ACBFF), CLS HOLDINGS (CLSH), ALEAFIA
HEALTH INC. (ALEAF), CONSTELLATION BRANDS (TICKER), INDIAN
GLOBALIZATION CAPITAL INC. (IGC), CHINESE INVESTORS.COM (CIIX),
PURATION INC. (PURA)
ADHC is a holding company
that provides executive management, corporate governance,
administrative support, financial advice, and introductions to
capital sources to various micro-cap private and public companies
that have proven revenues and business models.
American Cannabis Holdings
Corporation (ACHC) is ADHC's wholly owned operating business that
operates a CBD infused business and is seeking additional
opportunities in the Cannabis Space.
BRAZOS BIOMEDICAL LLC is a
bio device company utilizing electro stimulation for pain
management to improve patient outcomes through creative innovation
with a core competency in the migraine and headache pain
space.
This press release contains
forward-looking statements pursuant to the "safe harbor" provisions
of the Private Securities Litigation Reform Act of 1995. These
statements include risks and uncertainties that may cause the
Company's plans to change and are in no way intended to guarantee
that the Company will be successful in executing its plans. common
stock currently trades on the over-the-counter under the symbol
ADHC. This press release in no way constitutes any recommendation
regarding the securities of ADHC or its affiliates. Any person
reading this press release is advised that this release should be
considered in the light of all facts and circumstances regarding
the business and financial condition and prospects of ADHC, and no
reference has been made that this release contains all
information.
Contact: adhcinvestor@gmail.com
Tel:
858-259-4534