Technology and investment company SinglePoint (OTCQB: SING) this morning introduced the new “Strategics” program, a strategic national distribution program that will offer qualified fast-growing CBD product companies a route to attain national retail distribution for their products. The Strategics program is offered in partnership with a national distribution company that has nearly $2 billion in annual sales to mass-market stores as well as various regional and national convenience stores. SinglePoint aims to identify and recruit burgeoning companies that manufacture or distribute CBD retail products that wish to have their products distributed nationally. Strategics program partner companies will have additional benefits such as membership in SingleSource, a cooperative supply chain that allows members to purchase raw materials simply and access to SinglePoint’s subsidiary SingleSeed, which offers access to expanded product lines, manufacturing, custom formulation, and private labeling services. Interested companies that have an annual revenue above $2,000,000 are encouraged to reach out to Don@SinglePoint.com with the subject line “(Company Name) Strategic CBD Distribution” or call 855-203-3318 for more information. “Until now, startup, established and fast-growing CBD product companies have faced tremendous challenges in growing their business beyond e-commerce and regional distribution due to the enormous capital and logistics involved. We are excited to roll out our ‘Strategics’ marketing program with a major national distributor that is receptive to building a portfolio of fast-growing CBD products and providing those products to their established mass market clients,” SinglePoint President Wil Ralston stated in the news release.
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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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