SinglePoint Inc. (SING) Adds Solar to Diversified Portfolio, Sees Potential to Reduce Power Costs for Indoor Cannabis Growers

March 18, 2019 11:25:21
  • Plan to acquire solar energy business Direct Solar and solar marketer AI Live Transfers marks SinglePoint’s entry into power conservation industry
  • Solar and wind power use rising in U.S. with government incentives, conservation efforts seen as huge draw for projected $57 billion sector
  • CBD-based product line continues to generate interest with launch of Phyto-Bytes pet care product

SinglePoint Inc. (OTCQB: SING), a fully reporting company with assets across multiple sectors including mobile technology, ancillary cannabis services and sustainable technologies, continues to add branches to its family tree with new acquisitions and joint-venture announcements. SinglePoint first began as a full-service mobile technology provider – which remains a mainstay of the business – but has since diversified with new opportunities in several horizontal markets, including the rapidly-evolving CBD (cannabidiol) sector and solar power systems.

A review of SinglePoint’s recent successes and intentions for the future reveals a strategy focused on capturing opportunities when they arise through an aggressive expansion strategy across a…

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