- Ryan
Fishoff, CEO of HIPH, believes that this distribution channel could result
in revenue of more than $1 million over the agreement’s life, while also
raising awareness for HIPH
- Agreement
calls for HIPH subsidiary LALPINA Hydro CBD to distribute CBD beverages to
two of SING’s e-commerce channels, SingleSeed.com and DIGSHydro.com
- LALPINA
Hydro CBD will be the first hydro-nano beverage to be sold on both sites;
its hydro-nano technology offers consumers up to 90 percent higher
absorption rates than traditional CBD water
American Premium Water Corp. (OTC: HIPH) has signed a
distribution agreement for its subsidiary, LALPINA Hydro CBD, to sell its
beverages to two SinglePoint, Inc. (OTCQB: SING) e-commerce channels,
SingleSeed.com and DIGSHydro.com (http://ibn.fm/mxKFy). HIPH will drop ship product to the
customers.
HIPH hopes that the agreement will raise the awareness level
of LALPINA Hydro CBD to a wider audience and also be a forerunner of future
e-commerce collaborations. It is the first hydro-nano beverage available on
each of the sites.
HIPH, based in Playa Vista, California, is a publicly traded
holding company that owns a portfolio of subsidiaries, including LALPINA Hydra,
Gents, Worthy and FashionCoinX. SING is a technology and investment company
with a portfolio that includes mobile payments, blockchain solutions and
ancillary cannabis services.
In a news release, Fishoff of HIPH said, “These e-commerce
arrangements are going to be a pillar of our e-commerce distribution strategy.
Third-party sites will not only drive additional impressions for the LILPINA
brand, it will also drive awareness of the Company to a wider audience. I think
this distribution channel could bring in excess of a million of revenue over
the life of the agreement.”
Hydro-nano technology mixes hydro and encapsulates the CBD
with nano technology. LALPINA turns the CBD molecule into a water-soluble
compound. That maximizes its bioavailability and delivery to the body’s cells
and tissues, permitting consumers to have up to 90 percent higher absorption
rates than with traditional CBD water.
For more information, visit the company’s website at www.AmericanPremiumWater.com
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480.374.1336 Office
Editor@QualityStocks.com
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