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SinglePoint, Inc. (SING) is a diversified holding company with operations in multiple industries and verticals including two high-performing market sectors: legal cannabis and cryptocurrencies. SinglePoint has grown from a full-service mobile technology provider to a recognizable brand with a diverse portfolio of undervalued subsidiaries with multiple revenue streams.
SinglePoint is researching opportunities where it can be an active participant by influencing the strategy and direction of high-potential companies whose verified assets offer attractive possibilities for shareholders. The company is guided by a visionary leadership team with extensive experience in technology, engineering, marketing and raising capital.
SinglePoint is bullish on the cannabis industry, bitcoin and blockchain technologies, which is evident in its recent acquisitions and joint-venture announcements.
Considerations:
- SING’s strategic entry into legal cannabis industry, cryptocurrencies markets includes customized mobile payment solutions, a virtual crypto-wallet, and a bitcoin payment platform
- U.S. marijuana industry projected to reach $50 billion annually by 2026
- Development of proprietary in-home, licensed cannabis delivery app to link licensed dispensaries with legal customers
- Aggressive expansion strategy centered on multiple joint ventures, key acquisitions and closing of new deals within existing agreements
- Corporate milestone reached with $100 million market cap as management pursues bullish outlook for 2018
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