NEW YORK, NY--(Marketwired - Apr 20, 2017) - NetworkNewsWire ("NNW"), a multifaceted financial news and publishing company, today announces the publication of an editorial featuring SinglePoint, Inc. (
The publication, entitled "After Ten Thousand Years and Countless Uses, Cannabis Still Has a Bright Future," discusses the history of cannabis use and how various companies are benefiting from the marijuana industry today.
To view the full publication, visit: https://www.networknewswire.com/ten-thousand-years-countless-uses-cannabis-still-bright-future/
"SinglePoint (SING) grew out of a text messaging and mobile payments business and has embarked on a strategy of acquiring small to mid-sized companies that offered mobile technologies. While initially focused on operating a mobile commerce and communications platform for vendors who wanted to accept mobile credit card payments, about two years ago SinglePoint began focusing on how to apply its mobile payments and merchant processing solutions to medical marijuana dispensaries.
"As it continues its acquisition strategy, SinglePoint is, however, playing it safe by only targeting businesses that do not 'touch the plant.' An example is the stake taken recently in the Jacksam Corp., doing business as Convectium, a profitable California-based provider of equipment, branding and packaging solutions for the cannabis industry."
About SinglePoint, Inc.
SinglePoint, Inc. (SING) has grown from a full-service mobile technology provider to a publicly traded holding company. Through diversification into horizontal markets, SinglePoint is building its portfolio by acquiring an interest in undervalued subsidiaries, thereby providing a rich, diversified holding base. Through its subsidiary company SingleSeed the company is providing products and services to the cannabis industry.
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This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.