SinglePoint, Inc. (SING) to Continue Increasing Hemp Product Reach in 2019 as Legislative Changes Provide Momentum

December 26, 2018 10:15:01
  • SinglePoint anticipates significant growth for online CBD product distribution subsidiary SingleSeed in 2019
  • The growth will be fueled by legislative changes and the growth of SingleSeed’s organic reach in 2018
  • Following approval of the federal Farm Bill that legalizes the commercial production of hemp, the CBD market is expected to reach volume of $20 billion by 2022

SinglePoint, Inc. (OTCQB: SING), a technology company providing mobile payments and ancillary cannabis services, is looking forward to 2019, anticipating the expansion of its line of CBD products following recent legislative changes in the U.S. (http://nnw.fm/b1Kqr).

At the end of December 2018, the U.S. Senate approved a new federal Farm Bill that legalizes the commercial production of hemp. This means that hemp will be removed from…

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