$SING SinglePoint acquired a stake in Jacksam Corp., dba Convectium, which provides the company direct access to an established revenue stream stemming from primarily B2B cannabis industry products. In addition to the cash flow injection this stake is expected to provide for reinvestment purposes, SinglePoint will be able to leverage Convectium’s expansive cannabis industry network to pitch its supplementary services, such as mobile payment processing and marketing software. This creates new profit potential, as many larger financial processing institutions are staying far away from cannabis-oriented businesses.

http://otcnewsmagazine.com/singlepoint-inc-ot...ofit-plan/