SinglePoint Inc. (SING) Launches National Distribution Initiative for Startup and Established CBD Companies

June 5, 2019 10:25:01
  • SinglePoint is undertaking a B2B cultivation effort to help companies specializing in cannabidiol (CBD) products reach a larger national market
  • In conjunction with a national distribution partner, SinglePoint is offering to growing CBD product companies the potential of entering mass-market stores such as CVS, Kroger and Dollar Tree
  • The ‘Strategics’ program may be particularly helpful as shelf space in the booming CBD industry tightens
  • Investment bank Cowen & Co. is predicting a CBD market revenue outlook of $16 billion by 2025, growing from $600 million-plus in 2018

Emerging technology cultivator SinglePoint Inc. (OTCQB: SING) is launching a national distribution program that fosters the retail network aspirations of fast-growing cannabidiol (CBD) product companies to get their products into consumers’ hands.

The ‘Strategics’ program will provide qualifying companies, with annual revenue above $2 million, a pathway to market through a national distribution partner that has nearly $2 billion in annual sales to…

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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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