- Diversified strategy capitalizing on emerging growth opportunities in mobile payments, cannabis and blockchain markets
- 2018 revenue are expected to top $1 million, while 2019 revenues are expected to triple with additional acquisitions and continued portfolio growth
- Subsidiary SingleSeed.com added multiple CBD product listings in 2018, organically increasing reach
- Industrial hemp included in massive 2018 Farm Bill compromise unveiled by lawmakers
SinglePoint, Inc. (OTCQB: SING) expects its subsidiary, hemp-CBD distribution line SingleSeed.com, to be one of the company’s top revenue-producing holdings in 2019 – especially with recent news that industrial hemp is firmly rooted in the bipartisan 2018 Farm Bill legislation that could be signed into law as early as this week (http://nnw.fm/Hl9fc). SinglePoint’s heavy emphasis on SingleSeed, which distributes CBD products via the SingleSeed.com website, will continue through 2019, as the company is aiming to have both a large online presence and retail distribution reach (http://nnw.fm/cfJJ0).
Hemp farmers and CBD-related companies are sure to benefit from the 2018 Farm Bill, which moves industrial hemp to the Department of Agriculture and away from the Justice Department. Language in the bill amends the Controlled Substances Act and…
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