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Friday, June 14, 2019 12:37:25 PM
The Company is already selling their Lalpina CBD Water online, and so far demand has been so strong that company is playing catch up to keep up with supply.
For any business having to many sales is what you call a ‘good’ problem to have. The Company may not have predicted the demand for the product as they are now showing back orders of SingleSeed (OTC:SING) platform, where they were one of the top selling items in recent weeks.
Consumers can currently purchase Lalpina CBD Water online by visiting https://lalpinahydrocbd.com/product/lalpina-cbd-3mg/
On the SingleSeed platform consumers can currently purchase Lalpina CBD Water – 12 pack product in backorders as demand has been growing for this product by the week. https://www.singleseed.com/product/lalpina-cbd-water-12-pack/
For these reasons Ludlow Research has issued an opinion that CBD stocks may offer a good entry point at these levels for longer-term investors based on a multi-month correction within the sector, reduction of excess premiums in these stocks, and prospects of more states legalizing CBD infusion into food, beverages, and cosmetics.
Short-Term: HIPH has potential to trade up to the $0.05 to $0.06 range as market awaits updates on commercial launch, and possible new distribution partnerships.
Longer-Term: HIPH has potential to revisit mid to upper $0.10’s on both commercial product launch, and any strong recovery in overall CBD sector through the summer.
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