SinglePoint Subsidiary SingleSeed Launches Lalpina CBD Water, Records Successful First Week
SinglePoint Inc. (OTCQB:SING) is excited to announce a successful first week of sales of the newly listed product Lalpina CBD Water. SingleSeed has already received 25 orders for the 12 pack cases of water in the first week. The water has been a nice success so far and has drove sales of other products listed on SingleSeed as well. SingleSeed supplies multiple different hemp-based CBD products. The company is in a perfect position to continue adding relationships for additional distribution of products.
According to the Hemp Business Journal the CBD market is projected to grow to $2.1 Billion by 2021. SingleSeed plans to capitalize on this growth through distributing CBD products to a wide range of customers both online through the ecommerce store as well as to physical locations. SingleSeed currently has two of its own products but plans to continue growing its distribution footprint of products manufactured outside companies.
SinglePoint recently signed a distribution agreement with the manufactures of Lalpina CBD Water, American Premium Water Corporation (ticker symbol HIPH). Quote, “We are thrilled at this first week of sales results, it has blown away our expectations especially when taking into consideration we have not yet added it to our mix of search marketing, most of the orders have been organic direct search for singleseed.com,” end quote, states Wil Ralston, President of SinglePoint.
SinglePoint is currently in negotiations with additional manufactures to distribute products and potentially supply bulk CBD to these manufactures. Through SinglePoint subsidiary DIGS the company has access to bulk CBD, white label products and can fulfill and dropship from our San Diego facilities. Any company’s interested in product creation and fulfillment are encouraged to reach out to Sales@whitelabelcbdco.com
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