CannaOne Technologies Inc. (CSE:CNNA) (FRA: 3CT) released some very exciting news Tuesday that it has surpassed the initial target of 10,000 member sign-ups for the pre-launch of its BWell CBD Online Marketplace.
The signup response for BWell CBD is massive if you consider that the pre-launch referral campaign was only 10 days long and used a referral-based sign-up initiative to ensure the marketplace would have a foundation of a truly authentic community of highly engaged consumers.
The referral campaign will remain an on-going business strategy for CannaOne, and at this rate, sign-ups are expected to continue to grow exponentially.
“Our goal was to make sure to garner and build a solid community of membership in advance of the marketplace is officially open for business, and with that goal in mind, we are ecstatic that the reception for membership to the pre-launch has surpassed all our expectations as we have already outdone our target of 10,000 sign-ups for the launch of BWell later this month,” said CannaOne CEO Solomon Riby Williams.
CannaOne initially announced the creation of the BWell CBD online marketplace in April as part of an agreement with Real Health Science and was initially set to launch in August. However, thanks to the prioritized and focused efforts of the CannaOne team, the launch was moved up to June.
Now, the US-facing BWell CBD online marketplace will be launching later this month with a significant customer base that is eager to purchase a wide variety of premium CBD products to be offered.
CannaOne: Creating an Online Marketplace of Premium CBD Products
Although CannaOne Technologies has yet to reveal which CBD products and brands will be featured on the BWell marketplace, its partnership with Real Health Science in its development suggests there will be some big names on the roster.
California-based Real Health has established strategic working relationships with a number of superior providers in each vertical within the CBD industry in the US, from cannabis genetics businesses and cost-effective hemp-derived CBD extraction and purification labs to the highest-rated cannabis testing and certification labs.
According to the initial announcement in April, the BWell CBD online marketplace had already signed on a number of big-name CBD product vendors and will be selling some of the most-notable CBD brands available. CannaOne also said at the time that it has been in active discussions with a number of other premium CBD brands, which it expects to add to BWell in the near term.
The accelerated timeline of the marketplace’s release suggests that CannaOne has managed to sign on additional premium CBD products to sell on the platform. Otherwise, it is unlikely the company would short itself an extra two months to prepare, especially considering over 10,000 sets of eyes will be focused on what the marketplace has to offer.
Investors should keep an eye on the official launch of the BWell CBD online marketplace later this month.
CannaOne’s share price dropped early Tuesday, going from $1.30 CAD down to $0.96 CAD on the Canadian Securities Exchange before rebounding to $1.23 CAD by 2:45 pm EST.
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