SinglePoint Inc.
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 (OTC:HIPH). “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,” 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 [email protected]
About SinglePoint, Inc.
SinglePoint, Inc (SING) is a technology and investment company with a focus on acquiring companies that will benefit from the injection of growth capital and technology integration. The company portfolio includes mobile payments, ancillary cannabis services and blockchain solutions. Through acquisitions into horizontal markets, SinglePoint is building its portfolio by acquiring an interest in undervalued companies, thereby providing a rich, diversified holding base. Through SingleSeed, the company is providing products and services to the cannabis industry.
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