Technology and investment company SinglePoint (OTCQB: SING) announced this morning that it looks ahead to provide insight on how the company plans to carry its 2018 momentum forward into 2019. Upon recent signing of the Farm Bill by the Senate and House, SinglePoint will continue to build its presence in the hemp product space, and management is actively adding hemp products to the company’s subsidiary SingleSeed.com. According to the update, SING is expecting to top $1,000,000 for 2018 and triple that in 2019 through additional acquisitions and continued growth of current portfolio companies. “We are excited about the opportunity to be in the distribution space for CBD products, I took a distribution company public on the NASDAQ in 1996,” SinglePoint CEO Greg Lambrecht stated in the news release. “I believe with the contacts and the massive opportunity in the market SinglePoint may be able to break in to the big box stores once the Farm Bill passes and the exact rulings shake out. We will also be looking hard to acquisitions to help us get into these stores more quickly.”
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About SinglePoint, Inc.
SinglePoint, Inc. is a technology and investment company with a focus on acquiring companies that will benefit from the injection of growth capital and technology integration. The company portfolio includes mobile payments, ancillary cannabis services and blockchain solutions. Through acquisitions into horizontal markets, SinglePoint is building its portfolio by acquiring an interest in undervalued companies, thereby providing a rich, diversified holding base. Through SingleSeed, the company is providing products and services to the cannabis industry. For more information, visit the company’s website at www.SinglePoint.com
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