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Posted On: 06/26/2019 4:06:03 PM
Post# of 1137
NetworkNewsBreaks – SinglePoint, Inc. (SING) Enters $109M Premium Hemp Supply Contract with Southeast Distribution Company
Technology and investment company SinglePoint (OTCQB: SING) this morning announced its entry into a $109,465,000 contract with Elite Foundation LLC of North Carolina to supply more than 275,000 pounds of premium hemp flower over a 15 month period. According to the update, SinglePoint stands to make a large profit in what is the first major deal arising from the supply chain and co-selling agreement with Oregon-based Easy Street Services Company and J&J Empire. “Our team specifically our VP of Sales Don Smith has worked tirelessly to make this a reality. We believe this is the catalyst toward closing a stream of substantial deals in our pipeline,” SING President Wil Ralston said in the news release. “Not long ago, SinglePoint made a significant commitment to be a major provider in the industrial hemp space; this agreement solidifies our place in the industry. In addition to raw material supply we are negotiating distribution agreements to place finished goods in retail stores. There is a lot of opportunity in this burgeoning market and we are getting in everywhere we can. Our newest team member, Don Smith, is a leader in these efforts.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Technology and investment company SinglePoint (OTCQB: SING) this morning announced its entry into a $109,465,000 contract with Elite Foundation LLC of North Carolina to supply more than 275,000 pounds of premium hemp flower over a 15 month period. According to the update, SinglePoint stands to make a large profit in what is the first major deal arising from the supply chain and co-selling agreement with Oregon-based Easy Street Services Company and J&J Empire. “Our team specifically our VP of Sales Don Smith has worked tirelessly to make this a reality. We believe this is the catalyst toward closing a stream of substantial deals in our pipeline,” SING President Wil Ralston said in the news release. “Not long ago, SinglePoint made a significant commitment to be a major provider in the industrial hemp space; this agreement solidifies our place in the industry. In addition to raw material supply we are negotiating distribution agreements to place finished goods in retail stores. There is a lot of opportunity in this burgeoning market and we are getting in everywhere we can. Our newest team member, Don Smith, is a leader in these efforts.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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