SinglePoint Subsidiary SingleSeed Adds Three New Products
SingleSeed.com a subsidiary of SinglePoint Inc. (OTCQB:SING) has added three new products to its e-commerce site. CBD Naturals Alkaline Water available in three, six and twelve packs, a SingleSeed branded full spectrum tincture as well as Renew CBD Serum. SingleSeed has been steadily growing and increasing sales and has seen tremendous success with the CBD water products specifically. This week SinglePoint management is attending MJBIZCON the industry’s largest tradeshow in search of potential acquisitions and new products to bring to market. Use promocode MJBIZCON at check-out to get 10% of your order valid through Sunday.
Recently SinglePoint announced access to $5,000,000 in capital which will be used for company growth and acquisitions. Management is very excited about the expansion of SingleSeed and the growth that has already been seen with nominal amount of marketing done for the site. SingleSeed has mapped out new ad networks that will bring a new level of exposure and potential customers to the site.
“We are very happy with how SingleSeed is progressing. We have lined up multiple ad networks that will begin test in the coming weeks. So far everything has been almost all organic and we have shipped over 400 bottles of the Lalpina CBD water alone. The overall goal is the be able to provide customers with a streamlined experience to purchase products and provide the manufactures and producers of these products another channel of exposure”, states Wil Ralston President SinglePoint.
The CBD market is predicted to be worth over $2.0 Billion in consumer sales by 2020 with approximately $450 Million derived from hemp related products. SinglePoint plans to expand its distribution capabilities and product suite and is in negotiations to add a new set of additional high-quality products. Many consumers these days are moving to online purchases and SingleSeed hopes that being a first mover in the market will help the company establish and capture a share of the blossoming market.
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