American Premium Water Corp.(OTC:HIPH) Announces Distribution Agreement with Subsidiaries of SinglePoint, Inc (OTC:SING)
October 02 2018 - 6:45AM
InvestorsHub NewsWire
American Premium Water
Corp.(OTC:HIPH) Announces Distribution Agreement with Subsidiaries
of Singlepoint, Inc
(OTC:SING)
Company will dropship its CBD
product on SING’s e-commerce
sites
Playa Vista, CA --
October 2, 2018 -- InvestorsHub NewsWire -- American Premium Water
Corporation (OTC
Pink: HIPH) (the “Company”) announces that it has entered into
an agreement with SinglePoint, Inc (OTC:SING) to distribute LALPINA
Hydro CBD on two of their e-commerce channels; SingleSeed.com and
DIGSHydro.com. The Company will drop ship product to the
customers.
Ryan Fishoff, CEO
American Premium Water Corporation commented: “I am pleased to
announce our distribution deal with SING. This is the Company’s
first third party deal for LALPINA Hydro CBD, but it won’t be the
last! 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 LALPINA 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. It’s great that we are partnering
with a first-rate Company like SING. They are doing great things,
and I hope this (agreement) is just the start of potential future
collaborations down the line.”
“We are excited to add
infused CBD to a line of CBD products to SingleSeed. We have seen
tremendous response to our SingleSeed e-commerce site and LALPINA
Hydro CBD we believe will provide additional revenue for
SinglePoint.” commented Wil Ralston, President, Singlepoint,
Inc.
The two
sites, Singleseed.com and DIGSHydro.com, are subsidiaries of SING.
LALPINA Hydro CBD will be the first hydro-nano beverage to be sold
on both sites. This agreement follows the DEA’s announcement last
week removing CBD as Schedule 1 drug when there is 0.1% or less
trace amounts of THC. LALPINA Hydro CBD contains non-detectable
amounts of THC. Adding more outlets of distribution will further
cement LALPINA Hydro CBD as a market front runner as the only CBD
beverage that utilizes hydro-nano
technology, by mixing
hydro and encapsulating the CBD with Nano technology, LALPINA turns
the CBD molecule into a water soluble compound, maximizing it's
bioavailability and delivery to the body's cells and tissues.
This technology allows consumers to have
up to 90% more absorption rates than traditional CBD
water.
American Premium Water
Corp is the publicly holding trading company that owns LALPINA
HYDRO, LALPINA HYDRO CBD, Gents, Worthy, and
FashionCoinX.
Singlepoint, Inc
SinglePoint, Inc (SING)
is a technology and investment company whose portfolio includes
mobile payments, ancillary cannabis services and blockchain
solutions.
Safe Harbor
Notice
Certain statements contained herein are “forward-looking
statements” (as defined in the Private Securities Litigation Reform
Act of 1995). American Premium Water Corporation cautions that
statements made in this news release constitute forward-looking
statements and makes no guarantee of future performance.
Forward-looking statements are based on estimates and opinions of
management at the time statements are made. These statements may
address issues that involve significant risks, uncertainties,
estimates and assumptions made by management. Actual results could
differ materially from current projections or implied results.
American Premium Water Corporation undertakes no obligation to
revise these statements following the date of this news
release. Additional details of the Company's business can be
found in its public disclosures as a reporting issuer under the
Securities Exchange Act of 1934 filed with the Securities and
Exchange Commission's ("SEC") EDGAR
database.
This press release is
issued on behalf of the Board of Directors of American Premium
Water Corporation
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