$SING SinglePoint, Inc. (OTCQB: SING) successful
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SinglePoint, Inc. (OTCQB: SING) successfully launches 1606 Original Hemp at the 2019 MJ Business Conference in Las Vegas. The company received its first major purchase order for approximately 5000 packs of hemp cigarettes from one distributor and expects many more to come over the coming months. The show was attended by approximately 35,000 people this year.
Order Now Here - 1606 Original Hemp
SinglePoint President Wil Ralston was featured on ABC local news station KTNV channel 13 in a segment about the conference and overall growth in the industry. Mr. Ralston discussed the process behind creating and supplying 1606 Original Hemp cigarettes and how the response has been so far to date.
Full segment here –
https://www.ktnv.com/news/marijuana/marijuana...-las-vegas
“The reception for 1606 at MJBIZCON exceeded our expectations. The most surprising to us was just the number of individuals that were truly excited about this product and had never seen anything like it before. As well as the number of people that came back days two and three to tell us how much they enjoyed the product. We know we have a great product here and are ahead of the market. We now need to follow up and sell and establish our brand as the premier brand in the market. I believe we have the head start and quality product to do just that, our first distributor has put in their purchase order for around 5000 packs and we look forward to additional orders from stores and additional distributors,” states Wil Ralston, President of SinglePoint.
1606 Original Hemp cigarettes are nicotine and tobacco-free. Some research suggests that smoking hemp cigarettes could be a potential tool to replace tobacco and nicotine addictions. According to a Brightfield Group survey of more than 5,000 CBD users in the U.S.:
24% have used it to help quit smoking.
Quitters are often replacing cigarettes with either smokable hemp or vaping.
41% of quitters have entirely replaced traditional smoking with hemp CBD.
According to a June 2019 market research report published by MarketsandMarkets™, the industrial hemp market is projected to grow from $4.6 billion in 2019 to $26.6 billion by 2025, recording a compound annual growth rate of 34.0% during the forecast period. The cannabidiol (CBD) market is on track to grow to $23.7 billion through 2023, according to Brightfield Group. The firm also estimated the smokable hemp market to be valued at $11.5 million in 2018, a growth of 250% from 2017.
About 1606 Original Hemp
At 1606 Original Hemp We believe you deserve quality hemp made in the USA by farms dedicated to producing 100% compliant products grown with organic practices. 1606 provides full spectrum CBD, third party tested from seed to sale for your safety. Quality Cultivation Guaranteed!
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Website: https://1606hemp.com
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