Technology and investment company SinglePoint Inc. (OTCQB: SING) this morning issued an update on its hemp and CBD sales and marketing strategy. Per the update, the company has provided private label products, formulated custom products for clients and is now working to distribute raw materials, including full spectrum oils, isolate and other byproducts of the hemp plant for use in the creation of CBD products. “Consumer demand for knowledge and reliable suppliers for hemp and CBD products is accelerating quickly and we are investing in infrastructure and research so we help educate clients on the potential benefits of CBD, and offer the best CBD products at an affordable price,” Wil Ralston, president of SinglePoint, stated in the news release. “We see growing interest and purchasing activity from boutique and fortune 500 companies alike as they rush to introduce products to address this rapidly developing market.” The company noted that additional updates and more specifics are expected to be available in the near future.
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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
NOTE TO INVESTORS: The latest news and updates relating to SING are available in the company’s newsroom at http://nnw.fm/SING
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