{"id":397715,"date":"2020-12-10T14:50:12","date_gmt":"2020-12-10T19:50:12","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=397715"},"modified":"2020-12-10T14:50:12","modified_gmt":"2020-12-10T19:50:12","slug":"allied-goes-live-with-us-sales-of-equilibrium-bio-cbd-electrolyte-replacement-rehydration-drinks","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/allied-goes-live-with-us-sales-of-equilibrium-bio-cbd-electrolyte-replacement-rehydration-drinks\/","title":{"rendered":"Allied Goes Live With US Sales of Equilibrium Bio CBD Electrolyte Replacement Rehydration Drinks"},"content":{"rendered":"
\n

KELOWNA, British Columbia, Dec. 10, 2020 (GLOBE NEWSWIRE) — In follow up to the Oct 07, 2020 press release regarding the launch of CBD infused electrolyte replacement drinks, Allied Corp.<\/a> (“Allied” or the “Company”) (OTCQB: ALID<\/strong>) is pleased to announce the completion of the first manufacturing run of Hydro Sport <\/em>CBD-infused rehydration drinks from Allied\u2019s latest brand Equilibrium Bio. As well, these drinks have also been produced for the Tactical Relief\u2122 branding as Tactical Hydration<\/em> electrolyte replacement and rehydration drink products.<\/p>\n

The first Equilibrium Bio products known as Hydro Sport<\/em> are available for purchase today on e-commerce platforms and have also been shipped to national retail buyers throughout the US. The first manufactured batch encompasses six unique product SKUs (stock-keeping units). The CBD-infused drink pouches come in three flavors: Lemon Lime, Berry Fresh and Orange Burst. The all-natural flavoring and ingredients in the drinks include: Filtered Water, CBD 20 (mg), CBD, CBG, Sodium Citrate, Citric Acid, Sea Salt, Natural Flavor, Tripotassium Citrate, Vitamin B Complex, Ascorbic Acid (Vitamin C), Sucralose, Acesulfame Potassium and Beta Carotene for color.<\/p>\n

The Hydro Sport drinks are the first electrolyte replacement drink to offer CBD, CBG and CBN and have been designed to aide athletes to relax and recover.<\/p>\n

To view the Equilibrium Bio\u2122 products click here: Store (equilibrium<\/a>b<\/a>iomed.com)<\/a><\/p>\n

\u201cThere is an increasing demand for CBD-infused beverages specifically for athletic recovery. Allied will be implementing a multi-pronged marketing campaign by strategically partnering with professional athletes and media influencers to help scale the sales and bring measurable awareness to the Equilibrium Bio Brand,\u201d said Calum Hughes, CEO and Founder of Allied Corp.<\/p>\n

\n About the Equilibrium Bio\u2122 Brand by Allied:<\/strong>
\n Equilibrium<\/a>
\n Bio (equilibriumbiomed.com)<\/a>\n <\/p>\n

Equilibrium Bio\u2122 is a lifestyle brand that is focused on everything athletic. From High Intensity Interval Training workouts to Ironman races to general athletic consumers, Equilibrium Bio products are there with the athlete along the entire competitive journey. Rehydration and electrolyte replacement is a primary focus for this brand and its products.<\/p>\n

\n For more general information on<\/strong>
\n Allied Corp<\/strong>
\n .<\/em>
\n \u00a0<\/em>visit www.allied.health<\/a>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n

\n About Allied Corp.<\/strong>
\n
\n Allied Corp.<\/a>\u00a0is an international medical cannabis production company with a mission to address today\u2019s medical issues by researching, creating and producing targeted cannabinoid health solutions. Allied Corp. uses an evidence-informed scientific approach to make this mission possible, through cutting-edge pharmaceutical research and development, innovative plant-based production and unique development of therapeutic products.<\/p>\n

\n Investor Relations:<\/strong>
\n
ir@allied.health
1-877-255-4337<\/p>\n

\n Forward-Looking Statements:<\/strong>\n <\/p>\n

This press release contains \u201cforward-looking information\u201d within the meaning of applicable securities laws in Canada or \u201cforward-looking statements\u201d made pursuant to the \u201csafe harbour\u201d provisions of the United States Private Securities Litigation Reform Act of 1995 (collectively, \u201cforward-looking information\u201d). Forward-looking information may relate to the Company\u2019s future outlook and anticipated events, plans or results, and may include information regarding the Company\u2019s objectives, goals, strategies, future revenue or performance and capital expenditures, and other information that is not historical information. Forward-looking information can often be identified by the use of terminology such as \u201cbelieve,\u201d \u201canticipate,\u201d \u201cplan,\u201d \u201cexpect,\u201d \u201cpending,\u201d \u201cin process,\u201d \u201cintend,\u201d \u201cestimate,\u201d \u201cproject,\u201d \u201cmay,\u201d \u201cwill,\u201d \u201cshould,\u201d \u201cwould,\u201d \u201ccould,\u201d \u201ccan,\u201d the negatives thereof, variations thereon and similar expressions. The forward-looking information contained in this press release is based on the Company\u2019s opinions, estimates and assumptions in light of management\u2019s experience and perception of historical trends, current conditions and expected future developments, as well as other factors that management currently believes are appropriate and reasonable in the circumstances. Forward looking statements in this press release include the following: that Allied is leveraging the conditions in its Colombia grow operation and additional locations to support its Research and Development efforts; that Allied is making important strides forward to position itself as a leader in the medical cannabis space, that Allied intends to make a series of proposed trademark and other intellectual property protection filings, as part of the Company\u2019s Intellectual Property and Pharma Development (IP&PD) Strategy, statements respecting the joint development, manufacturing, and introduction of TACTICAL RELIEF\u2122 branded products, and the use of proceeds from the offering of convertible notes.<\/p>\n

There can be no assurance that the underlying opinions, estimates and assumptions will prove to be correct. Risk factors that could cause actual results to differ materially from forward-looking information in this release include: the Company\u2019s exposure to legal and regulatory risk; the effect of the legalization of adult-use cannabis in Canada and Colombia on the medical cannabis industry is unknown and may significantly and negatively affect the Company\u2019s medical cannabis business; that the medical benefits, viability, safety, efficacy, dosing and social acceptance of cannabis are not as currently expected; that adverse changes or developments affecting the Company\u2019s main or planned facilities may have an adverse effect on the Company; that the medical cannabis industry and market may not continue to exist or develop as anticipated or the Company may not be able to succeed in this market; risks related to completion of the greenhouse construction in Colombia, risks related to market competition; risks related to the proposed adult-use cannabis industry and market in Canada and Colombia including the Company\u2019s ability to enter into or compete in such markets; that the Company has a limited operating history and a history of net losses and that it may not achieve or maintain profitability in the future; risks related to the Company\u2019s current or proposed international operations; risks related to future third party strategic alliances or the expansion of currently existing relationships with third parties; that the Company may not be able to successfully identify and execute future acquisitions or dispositions or successfully manage the impacts of such transactions on its operations; risks inherent to the operation of an agricultural business; that the Company may be unable to attract, develop and retain key personnel; risks resulting from significant interruptions to the Company\u2019s access to certain key inputs such as raw materials, electricity, water and other utilities; that the Company may be unable to transport its cannabis products to patients in a safe and efficient manner; risks related to recalls of the Company\u2019s cannabis products or product liability or regulatory claims or actions involving the Company\u2019s cannabis products; risks related to the Company\u2019s reliance on pharmaceutical distributors; that the Company, or the cannabis industry more generally, may receive unfavourable publicity or become subject to negative consumer or investor perception; that certain events or developments in the cannabis industry more generally may impact the Company\u2019s reputation or its relationships with customers or suppliers; that the Company may not be able to obtain adequate insurance coverage in respect of the risks that it faces, that the premiums for such insurance may not continue to be commercially justifiable or that there may be coverage limitations and other exclusions which may result in such insurance not being sufficient; that the Company may become subject to liability arising from fraudulent or illegal activity by its employees, contractors, consultants and others; that the Company may experience breaches of security at its facilities or losses as a result of the theft of its products; risks related to the Company\u2019s information technology systems; that the Company may be unable to sustain its revenue growth and development; that the Company may be unable to expand its operations quickly enough to meet demand or manage its operations beyond their current scale; that the Company may be unable to secure adequate or reliable sources of necessary funding; risks related to, or associated with, the Company\u2019s exposure to reporting requirements; risks related to conflicts of interest; risks related to fluctuations in foreign currency exchange rates; risks related to the Company\u2019s potential exposure to greater-than-anticipated tax liabilities; risks related to the protection and enforcement of the Company\u2019s intellectual property rights, or the intellectual property that it licenses from others; that the Company may become subject to allegations that it or its licensors are in violation of the intellectual property rights of third parties; that the Company may not realize the full benefit of the clinical trials or studies that it participates in; that the Company may not realize the full benefit of its licenses if the licensed material has less market appeal than expected and the licenses may not be profitable; as well as any other risks that may be further described in and the risk factors discussed in the Company’s continuous disclosure including its Management’s Discussion and Analysis sections in its Quarterly Reports on Form 10-Q, Annual Reports on Form 10-K and Current Reports on Form 8-K filed under the Company’s profile at www.sec.gov.<\/p>\n

Although management has attempted to identify important risk factors that could cause actual results to differ materially from those contained in the forward-looking information in this presentation, there may be other risk factors not presently known to the Company or that the Company presently believes are not material that could also cause actual results or future events to differ materially from those expressed in such forward-looking information in this presentation. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers and viewers should not place undue reliance on forward-looking information, which speaks only as of the date made. The forward-looking information contained in this release represents the Company\u2019s expectations as of the date of this release or the date indicated, regardless of the time of delivery of the presentation. The Company disclaims any intention, obligation or undertaking to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required under applicable securities laws.<\/p>\n

\u00a0<\/p>\n


\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

KELOWNA, British Columbia, Dec. 10, 2020 (GLOBE NEWSWIRE) — In follow up to the Oct 07, 2020 press release regarding the launch of CBD infused electrolyte replacement drinks, Allied Corp. (“Allied” or the “Company”) (OTCQB: ALID) is pleased to announce the completion of the first manufacturing run of Hydro Sport CBD-infused rehydration drinks from Allied\u2019s latest brand Equilibrium Bio. As well, these drinks have also been produced for the Tactical Relief\u2122 branding as Tactical Hydration electrolyte replacement and rehydration drink products. The first Equilibrium Bio products known as Hydro Sport are available for purchase today on e-commerce platforms and have also been shipped to national retail buyers throughout the US. The first manufactured batch encompasses six unique product SKUs (stock-keeping … <\/p>\n

Continue reading “Allied Goes Live With US Sales of Equilibrium Bio CBD Electrolyte Replacement Rehydration Drinks”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-397715","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nAllied Goes Live With US Sales of Equilibrium Bio CBD Electrolyte Replacement Rehydration Drinks - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/allied-goes-live-with-us-sales-of-equilibrium-bio-cbd-electrolyte-replacement-rehydration-drinks\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Allied Goes Live With US Sales of Equilibrium Bio CBD Electrolyte Replacement Rehydration Drinks - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"KELOWNA, British Columbia, Dec. 10, 2020 (GLOBE NEWSWIRE) — In follow up to the Oct 07, 2020 press release regarding the launch of CBD infused electrolyte replacement drinks, Allied Corp. (“Allied” or the “Company”) (OTCQB: ALID) is pleased to announce the completion of the first manufacturing run of Hydro Sport CBD-infused rehydration drinks from Allied\u2019s latest brand Equilibrium Bio. As well, these drinks have also been produced for the Tactical Relief\u2122 branding as Tactical Hydration electrolyte replacement and rehydration drink products. The first Equilibrium Bio products known as Hydro Sport are available for purchase today on e-commerce platforms and have also been shipped to national retail buyers throughout the US. 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(“Allied” or the “Company”) (OTCQB: ALID) is pleased to announce the completion of the first manufacturing run of Hydro Sport CBD-infused rehydration drinks from Allied\u2019s latest brand Equilibrium Bio. As well, these drinks have also been produced for the Tactical Relief\u2122 branding as Tactical Hydration electrolyte replacement and rehydration drink products. The first Equilibrium Bio products known as Hydro Sport are available for purchase today on e-commerce platforms and have also been shipped to national retail buyers throughout the US. 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