NEW YORK, NY–(Marketwired – Sep 27, 2017) – NetworkNewsWire (“NNW”), a multifaceted financial news and publishing company, today announces the publication of an editorial featuring SinglePoint, Inc. (OTC:SING), a client of NNW focused on strengthening its position in the marijuana industry through the acquisition of, or investment in, small to mid-sized cannabis companies.
The publication, titled, “Rapidly Changing Cannabis Industry Offers Plenty of Growth in Horizontal Markets,” highlights companies that provide ancillary services in the cannabis sector.
To view the full publication, visit: https://www.networknewswire.com/rapidly-changing-cannabis-industry-offers-plenty-growth-horizontal-markets/
“SinglePoint’s (SING) approach of building a diversified portfolio through the acquisition of high-potential, ancillary cannabis-related targets is paying off. Earlier this month, SinglePoint acquired a majority stake in Arizona-based Dr. FeelGood, a leading medical marijuana distribution company whose extension plans include adding a proprietary delivery and ordering technology application. Also in the pipeline is a Dr. FeelGood mobile application that will both enhance the experience for users and streamline the company’s operations. Once completed, the app will allow both SinglePoint and Dr. FeelGood to license the technology to other distribution companies throughout the United States (http://nnw.fm/3CqEj).
“SinglePoint’s earlier majority purchase (http://nnw.fm/3YFg6) in Jacksam Corp. (dba Convectium), a profitable California-based provider of a revolutionary vape pen filling/sealing system, moves SinglePoint closer to its goal of adding revenue-enhancing joint-ventures to its portfolio. Include SinglePoint’s 90 percent stake of California-based Discount Indoor Garden Supply (“DIGS”) Hydro (http://nnw.fm/Op4V6), which provides cultivation hardware and consulting services to the cannabis industry, and it’s apparent that the company’s strategy is working.”
About SinglePoint, Inc.
SinglePoint, Inc. (SING) has grown from a full-service mobile technology provider to a publicly traded holding company. Through diversification into horizontal markets, SinglePoint is building its portfolio by acquiring an interest in undervalued subsidiaries, thereby providing a rich, diversified holding base. Through its subsidiary company SingleSeed the company is providing products and services to the cannabis industry.
Connect on social media at: https://www.facebook.com/SinglePointMobile, www.twitter.com/_SinglePoint_, www.linkedin.com/company/SinglePoint and www.youtube.com/user/SinglePointMobile
For more information, visit www.SinglePoint.com or www.SingleSeed.com
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This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company’s SEC filings. These risks and uncertainties could cause the company’s actual results to differ materially from those indicated in the forward-looking statements.
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