$SING PHOENIX, Nov. 15, 2018 (GLOBE NEWSWIRE) -- S
Post# of 144502
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.
SinglePoint Corporate Video
SinglePoint Investor Presentation
Connect on social media at:
https://www.facebook.com/SinglePointMobile
https://twitter.com/_SinglePoint
https://www.linkedin.com/company/singlepoint
For more information visit: www.SinglePoint.com
https://finance.yahoo.com/news/singlepoint-su...00888.html