SinglePoint
Subsidiary SingleSeed
Adds Three New Products
Phoenix, AZ
-- November 15, 2018 --
InvestorsHub NewsWire -- SingleSeed.com a subsidiary
of SinglePoint
Inc.
GlobeNewsWirevia
OTC PR WIRE-- (OTCQB:SING)
has added three new products to its e-commerce site.
CBD Naturals Alkaline
Water available in three, six and
twelve packs, a SingleSeed branded full
spectrum tincture as well as Renew CBD
Serum. SingleSeed
has been steadily
growing and increasing sales and has seen tremendous success with the
CBD water products specifically. This week SinglePoint management
is attending MJBIZCON the industry's largest tradeshow in search of
potential acquisitions and new products to bring to market. Use
promocode MJBIZCON at check-out to get 10% of your
order valid through Sunday.
Recently
SinglePoint announced access to $5,000,000 in capital which will be
used for company growth and acquisitions. Management is very
excited about the expansion of SingleSeed
and the growth
that has already been seen with nominal amount of marketing done
for the site. SingleSeed has mapped out new
ad networks that will bring a new level of exposure and potential
customers to the site.
"We are very
happy with how SingleSeed is progressing. We have lined
up multiple ad networks that will begin test in the coming weeks.
So far everything has been almost all organic and we have shipped
over 400 bottles of the Lalpina CBD water
alone. The
overall goal is the be able to provide customers with a streamlined
experience to purchase products and provide the manufactures and
producers of these products another channel of exposure", states
Wil Ralston President SinglePoint.
The CBD market is
predicted to be worth over $2.0 Billion in consumer
sales by 2020 with approximately $450 Million derived from hemp
related products. SinglePoint plans to expand
its distribution capabilities and product suite and is in
negotiations to add a new set of additional high-quality
products. Many consumers these days are
moving to online purchases and SingleSeed
hopes that being
a first mover in the market will help the company establish and
capture a share of the blossoming market.
About
SinglePoint, Inc.
SinglePoint, Inc
(SING) is a technology and investment company with a focus on
acquiring companies that will benefit from the injection of growth
capital and technology integration. The company portfolio includes
mobile payments, ancillary cannabis services and blockchain
solutions. Through acquisitions into horizontal markets,
SinglePoint is building its portfolio by acquiring an interest in
undervalued companies, thereby providing a rich, diversified
holding base. Through SingleSeed, the company is providing
products and services to the cannabis industry.
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Forward-Looking Statements
Certain statements in this
news release may contain forward-looking information within the
meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6
under the Securities Exchange Act of 1934, and
are subject to
the safe harbor created by those rules. All statements, other than
statements of fact, included in this release, including, without
limitation, statements regarding potential future plans and
objectives of the Company, are forward-looking statements that
involve risks and uncertainties. There can be no assurance that
such statements will prove to be accurate and actual results and
future events could differ materially from those anticipated in
such statements.
Technical complications,
which may arise, could prevent the prompt implementation of any
strategically significant plan(s) outlined above. The Company
undertakes no duty to revise or update any forward-looking
statements to reflect events or circumstances after the date of
this release.
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Communication
SinglePoint Inc.
855-711-2009
investors@SinglePoint.com
SinglePoint.com