- 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://cnw.fm/2jV29). 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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