Singlepoint, Inc. (SING)

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Re: Singlepoint, Inc. (SING)

Postby QualityStocks » Tue Jun 27, 2017 4:19 pm

Audio Podcast: SinglePoint (OTC: SING) announces that its recently acquired DIGS Hydro subsidiary has received a major purchase order from Premier Biomedical (OTCQB: BIEI)

Audio Podcast available at http://nnw.fm/Ar7Id.
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Re: Singlepoint, Inc. (SING)

Postby QualityStocks » Tue Jun 27, 2017 4:54 pm

NetworkNewsBreaks – SinglePoint, Inc. (SING) Subsidiary Receives Major Purchase Order from Premier Biomedical (BIEI)

Specialized holding company SinglePoint, Inc. (OTC: SING) this morning announced that its recently-acquired DIGS Hydro subsidiary has received a major purchase order from Premier Biomedical (OTCQB: BIEI). DIGS Hydro has already received the initial payment for this order, with final payment due upon delivery. “This opportunity for both SinglePoint and DIGS Hydro is fantastic,” Greg Lambrecht, CEO of SinglePoint, stated in the news release. “We have been working very hard on making acquisitions and inside sales to boost revenues. To have this subsidiary execute on its business plan and generate major revenue for SinglePoint is exactly what we want to see.” DIGS Hydro, of which SinglePoint owns a 90 percent stake, is a provider of a variety of supplies and services targeted at the growing legal cannabis industry. In recent weeks, SinglePoint has acquired multiple companies in the cannabis space, and it is continuing to pursue additional acquisition opportunities in the wake of increased market attention and recognition. As a result, the company expects to report a significant increase in revenues in its second-quarter financial statements, per this morning’s update.
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Re: Singlepoint, Inc. (SING)

Postby QualityStocks » Wed Jun 28, 2017 4:38 pm

Bitcoin and Hydroponics Present Prime Investment Opportunities in the Legal Cannabis Space

NetworkNewsWire Editorial Coverage: In increasing volume, investment opportunities in the legalized marijuana industry are being added to the portfolio of many enterprising investors. Amid the numerous categories of investment options offered within this burgeoning industry, two sectors stand out: bitcoin, a digital currency that can facilitate the transfer of funds free of banks and government regulation, and hydroponics, an industry standard method of growing plants without soil. Companies like SinglePoint, Inc. (SING) (SING Profile), Bitcoin Investment Trust (GBTC), First Bitcoin Capital Corp. (BITCF), Scott’s Miracle-Gro Co. (SMG) and Terra Tech Corp. (TRTC) are currently forging paths in these increasingly popular areas, demonstrating the diverse nature of the marijuana industry.

Among other cannabis-centered ventures, SinglePoint (SING) is developing a bitcoin payments solution for cannabis businesses and, through its recently acquired Discount Indoor Garden Supply (DIGS Hydro) subsidiary, also provides hydroponics products and other supplies and services.

An ongoing roadblock for legal marijuana enterprises has been a lack of banking options, which forces these businesses to conduct cash transactions. SinglePoint has identified bitcoin digital currency as an ideal solution to the numerous challenges of the “unbankable” marijuana industry (http://nnw.fm/8fk1B) and is creating a proprietary bitcoin payment solution that can be implemented in any point-of-sale machine through a simple download, enabling cannabis dispensaries and other marijuana businesses to conduct debit and credit card transactions independent of banks and the FDIC.

SinglePoint, Inc. (SING) also participates in another high-interest area of the marijuana industry through its acquisition and 90 percent ownership of DIGS Hydro. Through DIGS Hydro, SinglePoint is now able to offer soil and supplies, including hydroponics products, to legal cannabis growers. It also offers consulting services relating to indoor growing and hydroponics. This acquisition has positioned SinglePoint to become a leader in online products, retail stores, cannabis consulting and equipment in California, which is home to thousands of marijuana-related businesses.

As announced earlier this week (http://nnw.fm/X4PoS), DIGS Hydro has received a “major” purchase order from Premier Biomedical and has therefore generated an additional revenue stream for SinglePoint.

“This opportunity for both SinglePoint and DIGS Hydro is fantastic. We have been working very hard on making acquisitions and inside sales to boost revenues. To have this subsidiary execute on its business plan and generate major revenue for SinglePoint is exactly what we want to see. We are very excited about the second quarter financials and showing the significant revenue increase,” SinglePoint CEO Greg Lambrecht stated in the news release.

SinglePoint also describes its strategy to increase revenues through the remainder of the year, leveraging the strength of its acquisition-based growth strategy.

Such acquisitions are part of SinglePoint’s diversified approach to operating within the marijuana industry without ever touching the plant. Earlier this year, the company began funding Convectium, which is a provider of equipment, branding and packaging solutions to the marijuana industry and is the developer of the very first cartridge and vape pen oil-filling machines for wholesale distribution to cannabis dispensaries. Convectium’s 710Shark and 710Seal machines, currently sold through the EquipCanna.com website, are capable of filling and packaging over 100 cartridges or disposable vape pens in only 30 seconds. Additionally, Convectium operates a consumer brand that includes BlackoutX and HazeSticks products.

SinglePoint also operates www.SingleSeed.com, which is focused on the online sale of cannabis products to dispensaries and has become a hub for dispensaries seeking merchant payment processing solutions and other business tools. SinglePoint offers mobile marketing services as well as payment solutions for marijuana businesses through SingleSeed payments, including cashless ATM, Pay-by-Text™ and text message marketing.

Regarding its most recent endeavor, SinglePoint recognizes growing demand and application of digital currency on a global scale. The growth and potential of this segment is evidenced in the activities of companies like Bitcoin Investment Trust (GBTC), which is the first publicly quoted bitcoin investment vehicle.

Bitcoin Investment Trust is a U.S.-based, open-ended grantor trust sponsored by Grayscale Investments that is invested exclusively in bitcoin, and its shares are the first publicly quoted securities solely invested in and deriving value from the price of bitcoin. Bitcoin Investment Trust has enabled investors to gain exposure to bitcoin’s price movement through a traditional investment vehicle without the challenges of buying, storing and safekeeping bitcoins. Bitcoin Investment Trust was recently named to OTC Markets Group’s “OTCQX Best 50” for 2017. Bitcoin digital currency has already been named an official method of payment in Japan, and it is being accepted by more and more major retailers in the United States. The achievements of Bitcoin Investment Trust are furthering the acceptance of bitcoin’s presence as a valid payment method in the U.S.

Another key bitcoin player, First Bitcoin Capital (BITCF), has partnered with SinglePoint to leverage the growing demand for digital currency in the cannabis space. To advance this payment solution, SinglePoint recently raised $1 million in funding (http://nnw.fm/G8dn5), allocated in part to the development of a bitcoin payment solution for the marijuana industry. First Bitcoin Capital is the first publicly traded cryptocurrency and blockchain-centered company focused on developing digital currencies, proprietary blockchain technologies and the digital currency exchange www.CoinQX.com. The company’s suite of financial solutions for medical marijuana businesses includes merchant processing and point-of-sale solutions, such as automated check-cashing kiosks offered to medical marijuana dispensaries in California.

To understand the importance of hydroponics to the marijuana industry, look no further than leading lawn and garden care products manufacturer Scotts Miracle-Gro (SMG), which has been heavily investing in hydroponics via supplies to legal cannabis growers. Scotts has emerged as one of the biggest traditional business players to step foot in the cannabis industry, and, through its wholly-owned The Hawthorne Gardening Company subsidiary, has been busily acquiring various leading firms in hydroponics areas, including soil, lighting and nutrients. Other acquisitions are also reportedly in the hopper for Scotts and are expected to be completed by the end of 2017.

Vertically-integrated cannabis-focused agriculture company Terra Tech (TRTC) is employing hydroponics cultivation techniques as a direct provider of medical cannabis. The company operates several subsidiaries in medical marijuana and is focused on cultivating and providing the highest quality medical cannabis and revolutionizing cannabis cultivation through cutting-edge practices in a controlled, modern greenhouse environment. Terra Tech has an industry-exclusive moving table hydroponic growing system that boasts an increase of up to 30 percent in annual harvest yield. The company is positioned to operate medical cannabis cultivation facilities throughout the U.S., and Terra Tech’s growth strategy includes expanding its hydroponic cannabis cultivation efforts across the country. Terra Tech’s current growth plan specifically includes acquiring cannabis dispensaries in California, completing cannabis facilities in Nevada, and cultivating cannabis in its existing company-owned greenhouse in New Jersey once cannabis cultivation has been legalized in that state.

Whether an investor is looking for marijuana play through a hands-on-the-plant company or one offering ancillary services, more and more opportunities are cropping up all the time. Bitcoin and hydroponics are two of the hottest investment areas within the marijuana market right now, and the named companies offer prime opportunities for investing in both.

For more information on SinglePoint please visit: Singlepoint (SING) or www.SinglePoint.com
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Re: Singlepoint, Inc. (SING)

Postby QualityStocks » Thu Jun 29, 2017 5:04 pm

NetworkNewsBreaks – SinglePoint, Inc. (SING) Enters High-Volume Manufacturing Agreement with Premier Biomedical (BIEI)

Premier Biomedical, Inc. (OTCQB: BIEI), a research-based company focused on the discovery and development of medical treatments for a wide range of diseases, this morning announced that it has reached an agreement with specialized holding company SinglePoint, Inc. (OTC: SING) to manufacture Premier’s new-design CBD Hemp Oil Patch in high volume. “We have been working very hard on making acquisitions and inside sales to boost revenues,” Greg Lambrecht, CEO of SinglePoint, stated in the news release. “This new business will contribute significantly to our revenue goals.” Per the update, Premier’s CBD Hemp Oil Skin Patch is expected to be the first in a line of products stemming from the agreement, as the two companies envision additional products being included in the near future. “We are excited that we found a volume supplier for our products,” William A. Hartman, president and CEO of Premier, stated in the news release. “We look forward to working with SinglePoint to continue building current and future planned new products.”
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Re: Singlepoint, Inc. (SING)

Postby QualityStocks » Fri Jun 30, 2017 5:05 pm

SinglePoint (SING) Interview Discusses Key Aspects of Recently Announced Bitcoin Joint Venture

- SING targets the large and rapidly growing multi-billion dollar retail cannabis sales industry
- New agreement provides efficient and easy-to-apply solution to critical unmet need
- Purchasing model opens door to additional opportunities for investor profit in cannabis

An iPod interview with SinglePoint president Wil Ralston (http://nnw.fm/pi9GN) covers the significant advantages that the company’s recently announced joint venture with First Bitcoin Capital Corp. (OTC: BITCF) represents for the cannabis industry. In a study of 20 U.S. jurisdictions by Greenwave Advisors, legal marijuana represented $6.5 billion in retail sales by May 2017, as reported by Forbes (http://nnw.fm/zs8S6). At the current level of growth, industry experts project that, by 2021, the legal cannabis retail market may grow to $30 billion. Marijuana is legal in many states for either medicinal and/or recreational purposes. The challenge, therefore, isn’t market reach, but restrictions at the federal level, particularly in the banks. Federal guidelines restrict transactions related to cannabis, but SinglePoint (OTC: SING) has found a way around this by forming its first joint venture – with First Bitcoin Capital Corp. (OTC: BITCF).

The joint venture allows dispensaries and other businesses to use Bitcoin payments rather than traditional cash transactions. This combination of SinglePoint’s acquisition and distribution history and Bitcoin’s payment system and block chain technology is already serving the cannabis industry well. The system is being used to enable customers to visit dispensaries and make purchases using a debit or credit card. The transaction goes through Bitcoin first, with the dollar conversion completed afterward. A streamlined purchasing model is expected to help smooth out the supply chain process, so shareholders and investors in SinglePoint can find additional opportunities to profit and contribute to the fast-growing cannabis industry.

The value of Bitcoin has gone up 236 percent in just one year. It is also recognized as a legal currency in Japan. Being adopted on a wide scale, the technology can also allow SING to reach a global market. In the iPod interview, company president Wil Ralston reveals that there are now 290,000 retail stores in Japan accepting Bitcoin payments. In the U.S., payments can be converted to U.S. currency, according to Ralston, without waiting for the banking system to accept the legal status of cannabis. Ralston said he’s been “waiting for the banks to open up, but we don’t have to wait any longer with this new product. I think this is one of the most exciting things to happen in SinglePoint’s lifespan.”

In addition to a blockchain supply chain management solution, the joint venture is incorporating initial coin offerings through First BitCoin Capital. SinglePoint has also launched SingleSeed.com, which will provide web design and online marketing services to cannabis dispensaries. It’s expected to soon complete a variety of acquisitions as well, leading to anticipated growth in revenue.

The company’s strategy has opened up a vast network of financial and technology partners. This has enabled it to expedite the execution of deliverables. Plus, the cannabis and other high-risk markets don’t have to wait for changes in federal banking guidelines. At the rate Bitcoin payments are catching on, cannabis dispensaries can adopt a point-of-sale solution that allows them to meet growing demand.

In fact, adopting the technology of First Bitcoin Capital and SinglePoint only requires downloading an application onto any point-of-sale machine. Learn more by going to www.SinglePoint.com or www.SingleSeed.com.
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Re: Singlepoint, Inc. (SING)

Postby QualityStocks » Thu Jul 06, 2017 4:22 pm

SinglePoint (SING) Expands into Legal Cannabis Market with Bitcoin Transaction Option; Invests in Equipment, Consulting Space

- SING expands into multi-billion dollar retail cannabis sales industry
- Partnership with First BitCoin Capital will overcome the cannabis industry’s banking roadblock by providing a cryptocurrency alternative
- SING moves into cannabis equipment and consulting market through subsidiary Discount Indoor Garden Supply

Specialized holding company SinglePoint, Inc. (OTC: SING) is offering choice investment opportunities as it expands into the legal cannabis market. By overcoming a lack of banking options in the industry and entering the burgeoning field of consulting and supplies for legal cannabis growers, SinglePoint joins several other major companies including Scotts Miracle-Gro (NYSE: SMG) in the cannabis space.

A recent article explains the prime investment opportunities presented by SinglePoint’s investment into the legal cannabis space. Many enterprising investors are adding stocks in the legalized cannabis industry to their portfolios. Many categories of investment options in the new industry exist. However, two stand out, and SinglePoint is involved in both. Bitcoin, a digital currency, offers the ability to transfer funds free of banks and government regulation. Hydroponics, a way to grow plants without soil, is another big growth industry.

To read more, see: Bitcoin and Hydroponics Present Prime Investment Opportunities in the Legal Cannabis Space

More and more investment opportunities are arising in the legal cannabis industry, and SinglePoint is poised to be a major player. Through its subsidiary, SingleSeed (www.SingleSeed.com), SinglePoint is offering a solution to a major barrier for the cannabis industry – the lack of traditional banking options. SingleSeed offers a variety of services aimed at legal cannabis merchants, including the mobile Cashless ATM system, Pay by Text, and text message marketing.

In June, the company announced $1 million in funding (http://nnw.fm/eP4iu) to continue developing its BitCoin Payments solution in partnership with First BitCoin Capital (OTC: BITCF). First BitCoin Capital is a leading bitcoin and blockchain technology provider.

Bitcoin digital currency is seen as an ideal method to allow cannabis merchants to offer credit and debit card payments to its customers. Federal restrictions have forced the cannabis industry to utilize only cash transactions, despite cannabis being legalized for medical or recreational use in 29 states and the District of Columbia.

With the new funding, SinglePoint management is moving quickly to evolve a cryptocurrency solution for the fast-growing cannabis industry that will allow point-of-sale use of debit and credit cards at medical and recreational cannabis dispensaries. The new partnership allows SinglePoint to move forward rather than wait on federal banking rules to offer payment solutions to the cannabis industry.

Japan recently recognized bitcoin as a legal payment method. In addition, bitcoin is already an accepted payment method for several large retailers, including Overstock.com.

SinglePoint is also establishing a beachhead in the expanding cannabis equipment and consulting market. The company announced last week (http://nnw.fm/lgmU9) the receipt of a major purchase order from Premier Biomedical (OTCQB: BIEI) by SinglePoint’s recently-acquired Discount Indoor Garden Supply (DIGS Hydro) subsidiary. Premier Biomedical is a publicly-traded company partnering with the University of Texas at El Paso and focusing on research and development of medical treatments for diseases in humans.

SinglePoint acquired 90 percent ownership in DIGS Hydro in May 2017. DIGS Hydro provides online products, retail stores, consulting and equipment to the cannabis industry in California, the location of thousands of cannabis-related businesses and customers.

Learn more by going to www.SinglePoint.com or www.SingleSeed.com
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Re: Singlepoint, Inc. (SING)

Postby QualityStocks » Wed Jul 12, 2017 3:30 pm

What it Takes to Stand Out from the Crowd in the Legalized Marijuana Space

NetworkNewsWire Editorial Coverage: The burgeoning legalized marijuana market is increasingly populated with unique contenders, and success in this market requires a high caliber of innovation that drives compounding potential for revenue growth, success and sustainability. SinglePoint, Inc. (SING) (SING Profile), for example, employs a diversified acquisition strategy in tandem with a plan to develop a crypto currency solution for the cannabis industry with First Bitcoin Capital Corp. (BITCF). Among other publicly traded standouts in this opportunity-rich market the marijuana space is General Cannabis Corp. (CANN), GW Pharmaceuticals plc (GWPH) and Golden Leaf Holdings Ltd. (GLDFF).

SinglePoint (SING) offers a compelling and diversified investment opportunity within the marijuana space, and is beginning to demonstrate its ability to generate revenues through strategic acquisitions. While some investors are leery of the risks of the federally illegal marijuana market, it’s important to note that SinglePoint at no time touches the marijuana plant. For example, building on its history of payment technologies, SinglePoint – among other endeavors – services the marijuana industry via its SingleSeed subsidiary (www.SingleSeed.com), which is engaged in supplying various services to cannabis to dispensaries and has become a hub for dispensaries seeking merchant payment processing solutions and other business tools. SingleSeed also offers payment processing and text message marketing solutions for cannabis businesses.

Also in the payment technology field, SinglePoint recently partnered with First Bitcoin Capital (BITCF) to develop a proprietary bitcoin payment solution for cannabis business that, at present, do not have access to banking options due to FDIC restrictions and resultant lack of cooperation from banks. This innovative bitcoin solution will be deployable on any point-of-sale machine through a simple download and will enable cannabis businesses to accept credit and debit card transactions independent of banks.

As the first cryptocurrency and blockchain-centered company to become publicly traded, First Bitcoin is a valuable partner to SinglePoint in the quest to develop digital currencies. The company offers a suite of financial solutions for medical cannabis businesses, including merchant processing and point-of-sale solutions like automated check-cashing kiosks for California-based medical marijuana dispensaries. First Bitcoin Capital recently announced that it has invested its primary wallet, which owns dozens of cryptocurrencies, into closed-end crypto-exchange traded fund (CETF) AlphaBIT in exchange for controlling interest in the form of 200 million ABCs. This is the company’s very first foray into the Ethereum ecosystem, as ABC runs on the Ethereum blockchain. This acquisition is significant for various reasons, including giving shareholders a vehicle for transparently monitoring some of First Bitcoin Capital’s assets.

In June SinglePoint closed a $1 million company-friendly Convertible Promissory Note with an institutional investor, stating that proceeds from the investment will be used to execute on its bitcoin solution. With this new round of funding, the company is can move forward with its development of a crypto currency solution and continue its strategic acquisitions within the marijuana space.

One recent acquisition has positioned SinglePoint to become a leader in online products, retail stores, cannabis consulting and equipment in the state of California, where thousands of cannabis-related businesses have cropped up. SinglePoint recently acquired 90 percent ownership of Discount Indoor Garden Supply (DIGS), a provider of soil and supplies—including hydroponics products—as well as consulting services to legal cannabis growers. The importance of this acquisition is emphasized by an unsuspecting yet recognizable name: Scotts Miracle-Gro (SMG). While you might not think “marijuana” when you hear the name of this household brand, Scotts Miracle-Gro has emerged as one of the biggest traditional business players to participate in the cannabis industry. Through its wholly owned The Hawthorne Gardening Company subsidiary, the company is acquiring various leading firms in hydroponics areas, including soil, lighting and nutrients, and market reports suggest that the company has more acquisitions on deck for this year.

SinglePoint also recently inked an agreement with Premier Biomedical, Inc. (BIEI) to act as a volume supplier in manufacturing Premier’s new CBD (cannabidiol) Hemp Oil Skin Patch. The patch is anticipated to be the first in a line of products resulting from the agreement between the two companies. SinglePoint believes this new business will contribute greatly to its revenue goals.

Earlier this year, SinglePoint made an investment in Convectium, a California-based provider of equipment, branding and packaging solutions to the cannabis industry. Convectium developed the very first cartridge and vape pen oil-filling machines for wholesale distribution to marijuana dispensaries, and its 710Shark and 710Seal machines—which are currently sold through the EquipCanna.com website—can fill and package more than 100 cartridges or disposable vape pens in just 30 seconds. Convectium also operates a consumer brand that includes BlackoutX and HazeSticks products.

General Cannabis (CANN) is another diversified player in the cannabis space, serving as a comprehensive resource for high-quality services to the regulated marijuana industry. Through a combination of robust operating divisions, including security, marketing, operational consulting and products, real estate and financing, General Cannabis has become a key partner to the cultivation, production and retail areas of the marijuana market. The company’s synergistic divisions are able to leverage one another’s strengths to contribute to General Cannabis’ overall success.

Biopharmaceutical company GW Pharmaceuticals (GWPH) has become a global leader in developing plant-derived cannabinoid therapeutics using its established drug discovery and development process along with an intellectual property portfolio and regulatory and manufacturing savvy. The company has successfully developed the world’s very first cannabis-derived prescription medicine, Sativex, which now has approval in more than 29 countries outside the United States to treat spasticity related to multiple sclerosis. GW’s current lead product candidate is Epidiolex (cannabidiol) for treating certain rare and severe early-onset, drug-resistant epilepsy syndromes. The company’s pipeline of CBD product candidates further includes compounds that are in Phase 1 and 2 trials for treating glioma, schizophrenia and epilepsy.

Another company focused on leveraging a differentiated brand portfolio within the legalized marijuana space is Golden Leaf Holdings (GLDFF). Golden Leaf Holdings is one of North America’s largest providers of cannabis oils and solutions and is a leading marijuana company in Oregon. The company’s product portfolio is constructed around recognized brands, and Golden Leaf Holdings is leveraging a robust management team of experts in the cannabis and food industries to bolster its expertise in cannabis oil extraction, refining and sales. Golden Leaf Holdings’ aim is to become a leading, consumer-driven company that is focused on wellness solutions that are founded on science and research, thereby leveraging the company’s differentiated brand portfolio to provide outstanding customer value.

These companies are making names for themselves through their successfully unique approaches within the rapidly growing legal marijuana market. With so many competitors now crowding the marijuana space, diversified players like the named companies stand out as ones to watch—and invest in—within the cannabis market.

For more information on SinglePoint please visit: Singlepoint (SING) or www.SinglePoint.com
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Re: Singlepoint, Inc. (SING)

Postby QualityStocks » Mon Jul 17, 2017 4:32 pm

NetworkNewsBreaks – SinglePoint (SING) Serves Legal Cannabis Market with Bitcoin Payment Solution; Invests in Equipment, Consulting Space

SinglePoint, Inc. (OTC: SING) is serving up prime opportunities for investors as it expands its array of offerings for the legal cannabis market—all without ever touching the marijuana plant. Many savvy investors are jumping aboard the cannabis bandwagon, and SinglePoint is involved in two of the most promising investment options currently available in that market: bitcoin digital currency as a solution for currently “unbankable” marijuana businesses and hydroponics products and consulting for marijuana growers.

“More and more investment opportunities are arising in the legal cannabis industry, and SinglePoint is poised to be a major player. Through its subsidiary, SingleSeed (www.SingleSeed.com), SinglePoint is offering a solution to a major barrier for the cannabis industry – the lack of traditional banking options. SingleSeed offers a variety of services aimed at legal cannabis merchants, including the mobile Cashless ATM system, Pay by Text, and text message marketing. In June, the company announced $1 million in funding (http://nnw.fm/eP4iu) to continue developing its BitCoin Payments solution in partnership with First BitCoin Capital (OTC: BITCF). First BitCoin Capital is a leading bitcoin and blockchain technology provider.”
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Re: Singlepoint, Inc. (SING)

Postby QualityStocks » Wed Jul 19, 2017 3:45 pm

Industry Leaders Riding High as Marijuana Demand Outpaces Supply

NetworkNewsWire Editorial Coverage: The legal marijuana market has been growing by leaps and bounds in North America. Sales jumped 30 percent in 2016, accounting for $6.7 billion in retail activity in the United States and Canada. For companies like SinglePoint, Inc. (SING) (SING Profile), which recently formed a joint venture with First Bitcoin Capital Corp. (BITCF), strategic marijuana-centered acquisitions are helping fuel corporate growth while increasing the availability of equipment and packaging and payment solutions for the broader marijuana market. The cannabis industry also benefits from the activities of American Cannabis Company, Inc. (AMMJ), a producer of a proprietary growing medium, as well as from industry players AeroGrow International, Inc. (AERO) and AbbView, Inc. (ABBV). A closer look at the massive demand for marijuana shows the incredible market opportunity presented to publicly traded cannabis companies as they carve their own niches in a burgeoning industry.

Just two weeks after the State of Nevada legalized the sale of recreational marijuana on July 1, the nearly 50 dispensaries licensed to sell weed found themselves running out of supply. With more than $1 billion of possible tax revenue on the table2, Nevada state officials declared a state of emergency to allow the creation of new rules that would expedite the licensing process to support public demand.

A report1 by The Washington Post claims that over 40,000 transactions of recreational cannabis occurred in the days following the start of sales. The number of transactions reveals the depth of demand, along with the dire need for adequate payment options as consumers bring their goods to the counter. Because marijuana is still illegal on a federal level, most banks are on the sidelines when it comes to offering banking services to the cannabis industry, giving dispensaries few choices other than dealing in all-cash. This is where SinglePoint (SING) steps in.

In June, SinglePoint secured funding (http://nnw.fm/2MkXl) to continue its acquisition strategy and further the development of its bitcoin payments solution in partnership with First Bitcoin Capital Corp. (BITCF) (http://nnw.fm/fY78J). The joint venture is developing a proprietary bitcoin payment solution that can be implemented in any point-of-sale machine and will allow customers to purchase cannabis products using debit and credit cards without the backing of banks or the FDIC. SinglePoint also recently purchased the domain name www.SingleCoin.com as part of its planned potential initial coin offering (ICO), which would specifically support transactions for the marijuana industry and other high-risk industries.

Recognizing other opportunities in the high-demand marijuana market, SinglePoint is fattening its acquisition portfolio to create new investment opportunities and boost the availability of equipment, products, and technologies to support the sector’s continued growth.

SinglePoint’s (http://nnw.fm/LSj7x) Discount Indoor Garden Supply (“DIGS”) subsidiary recently inked a supply agreement (http://nnw.fm/slK6I) with Premier Biomedical, Inc. (OTCQB: BIEI), providing SinglePoint with expectations for “significant revenues increase.”

“This opportunity for both SinglePoint and DIGS Hydro is fantastic. We have been working very hard on making acquisitions and inside sales to boost revenues. To have this subsidiary execute on its business plan and generate major revenue for SinglePoint is exactly what we want to see. We are very excited about the second quarter financials and showing the significant revenue increase,” SinglePoint CEO Greg Lambrecht stated in the press release.

SinglePoint’s portfolio also includes an investment in Convectium Labs, a move that will support the accessory-side of consumer demand. Convectium provides equipment, branding and packaging solutions to the cannabis industry and is the developer of the first cartridge and vape pen oil-filling machines offered through wholesale distribution to cannabis dispensaries. Convectium’s 710Shark and 710Seal machines, currently sold through the EquipCanna.com website, are capable of filling and packaging more than 100 cartridges or disposable vape pens in 30 seconds. Convectium also operates a consumer brand that includes BlackoutX and HazeSticks products.

Before marijuana ever hits the display case in a dispensary, careful cultivation determines its marketability. On July 13, American Cannabis Company (AMMJ) reported that its proprietary SoHum® Living Soil was designated “Best Potting Mix” with the 2017 High Times STASH award. Containing only natural ingredients, this growing medium allows users to add water and be ready to fully nourish cannabis plants. It can improve plant yield and quality while reducing the time and labor needed to go from growth to market. The soil includes helpful microbes and reduces the effort and work in keeping plants fed. Also, the company recently announced two active clients have submitted applications to operate medical cannabis operations in Ohio.

Also in the growing category is AeroGrow International (AERO), which recently posted full-year revenues of $23.6 million, an increase of 20 percent over the year prior, along with zero debt and more than $8.8 million of cash on hand. The indoor gardening systems company said its fiscal year ended March 31, 2017, was the strongest year in its history, noting strength in its online and retail presence and making mention of its hydroponic offerings. “And all of this is against the backdrop of our product line becoming increasingly well positioned in the market place – smart gardens, indoor gardening and hydroponic gardening all appear to be trending significantly upward, and we are uniquely qualified to address each of these major trends,” AERO president and CEO J. Michael Wolfe stated in the press release.

While recreational use of marijuana is making most of the headlines these days, the demand for the drug’s application to the medical industry shouldn’t be overlooked. Though cannabis isn’t its primary focus or main revenue driver, AbbView (ABBV) is worth noting, as the pharmaceutical giant has performed well in the market, with shares 30 percent higher on July 14 than they were in November, according to a report by InvestorPlace3. Aside from other drugs in its portfolio, AbbView since the mid-1980s has marketed an FDA-approved cannabis-based drug, Marinol, for the treatment of nausea and vomiting related to chemotherapy, and some that treat AIDS and other diseases. Marinol includes Dronabinol, a compound that is chemically identical to tetrahydrocannabinol (THC).

While the marijuana industry navigates uncharted territory, experimenting with various measures to smooth out the kinks of supply and demand, licensing, distribution, banking, cultivation and application, investors are presented a playing field ripe with opportunity. From bitcoin payments and accessories to hydroponics and medical treatments, the potential of cannabis companies is on the high side.

Editorial Sources:
1. Washington Post http://nnw.fm/jaGN6
2. Las Vegas Sun http://nnw.fm/rSh3J
3. InvestorPlace http://nnw.fm/7IAkW

For more information on SinglePoint please visit: Singlepoint (SING) or www.SinglePoint.com
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Re: Singlepoint, Inc. (SING)

Postby QualityStocks » Tue Jul 25, 2017 5:29 pm

SinglePoint (SING) Sees Advantages in Bitcoin, Formation of SingleSeed.com, and Joint Venture with First Bitcoin Capital Corp.

- Company sees four to five more acquisitions in pipeline after its investment in California firms DIGS and Convectium
- Hired a blockchain expert as part of project addressing payment processes for the cannabis industry
- Hired Turner, Stone & Company LLC to complete 2016 financial audit

Wil Ralston, president of SinglePoint, Inc., (OTC: SING), and Greg Lambrecht, CEO, say their company is primed to make four to five more acquisitions as it sees further opportunity in the cannabis market and medical marijuana. It is supporting dispensaries with the cryptocurrency bitcoin and is helping legal sellers solidify an online presence with subsidiary SingleSeed.com. SinglePoint has hired a digital technology blockchain expert and will launch a project to determine a solution for payment processes within the cannabis industry.

The company’s recent online audio press release (http://nnw.fm/Kzrh2) illustrates how this Seattle-based full service mobile technology provider is transitioning into a diversified holding company. It is committed to growing in the cannabis industry. It has formed a joint venture with First Bitcoin Capital Corp. (http://nnw.fm/zi26F) to offer a payments solution using blockchain technology. The goal is to develop a proprietary solution for high-risk vertical businesses within the cannabis industry. Vancouver, Canada-based First Bitcoin Capital (OTC: BITCF) is a vertically-integrated, publicly traded bitcoin entity.

In May 2017, SinglePoint acquired 90% of discount indoor garden supply firm DIGS. That purchase put SinglePoint further into the online marketplace. That company has two brick-and-mortar store locations in California and is eyeing a third. It also has an online store, www.DIGSHydro.com. SinglePoint has also acquired a portion of Convectium (http://nnw.fm/BCtk4). This California company creates infrastructure for firms in the cannabis market. It has developed a unique oil filling system, and its products will be sold through SinglePoint’s SingleSeed.com subsidiary.

CEO Lambrecht said SinglePoint is focused on organic growth and acquisition. He is optimistic about legislation coming from the new administration and, eventually, banks opening up to the cannabis industry. “Singlepoint is basically a mobile payments technology company, but we’re able to really jump into any vertical because almost every business has a payment option,” Lambrecht said in the release.

Lambrecht, also president, CEO and founder of SingleSeed, added that SingleSeed.com can enable cannabis retailers to process sales using bitcoin and help dispensaries use online marketing strategies such as texting and mobile phone sales. He explains how the company’s cashless ATMs on site can offer dispensaries the ease of accepting a cashless transaction with bitcoin for a cannabis or medical marijuana purchase. Revenue streams for SinglePoint are created through a transaction commission.

SinglePoint is positioned to benefit from the growth of the cannabis industry. Additionally, Lambrecht disclosed that Turner, Stone & Company, LLP, has been hired to complete an audit of SinglePoint’s financials for 2016.

For a detailed executive audio interview on the announcement, see http://nnw.fm/6YnJb, or visit www.SinglePoint.com for additional information on the company.
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Re: Singlepoint, Inc. (SING)

Postby QualityStocks » Tue Aug 01, 2017 4:58 pm

NetworkNewsBreaks – SinglePoint, Inc. (SING) Sees Continued Momentum with Plans to Develop Bitcoin Payment Solution

SinglePoint’s (OTC: SING) management team, in a recent audio press release, said the company is poised to make two to three additional acquisitions as SinglePoint sees further opportunity in the legal marijuana market and medical cannabis. The company is working to support cannabis dispensaries with an innovative cryptocurrency bitcoin solution and is also helping legal marijuana sellers create a solid online presence with its SingleSeed.com subsidiary.

“The company’s recent online audio press release (http://nnw.fm/Kzrh2) illustrates how this Seattle-based full service mobile technology provider is transitioning into a diversified holding company. It is committed to growing in the cannabis industry. It has formed a joint venture with First Bitcoin Capital Corp. (http://nnw.fm/zi26F) to offer a payments solution using blockchain technology. The goal is to develop a proprietary solution for high-risk vertical businesses within the cannabis industry. Vancouver, Canada-based First Bitcoin Capital (OTC: BITCF) is a vertically-integrated, publicly traded bitcoin entity. In May 2017, SinglePoint acquired 90% of discount indoor garden supply firm DIGS. That purchase put SinglePoint further into the online marketplace. That company has two brick-and-mortar store locations in California and is eyeing a third. It also has an online store, www.DIGSHydro.com. SinglePoint has also acquired a portion of Convectium (http://nnw.fm/BCtk4). This California company creates infrastructure for firms in the cannabis market. It has developed a unique oil filling system, and its products will be sold through SinglePoint’s SingleSeed.com subsidiary.”
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Re: Singlepoint, Inc. (SING)

Postby QualityStocks » Mon Aug 07, 2017 5:20 pm

NetworkNewsBreaks – SinglePoint, Inc. (SING) Provides First-Hand Look at Development of New Bitcoin Exchange

Specialized holding company SinglePoint, Inc. (OTC: SING) this morning offered a first-hand look at its new bitcoin exchange aimed at solving the payments issues plaguing today’s cannabis industry. When completed, the new in-house solution will enable consumers to obtain bitcoin at any point of sale. In addition to bitcoin, SinglePoint is currently in negotiations to make a major purchase from a company that offers a cannabis-specific cryptocurrency to be used specifically within the growing legal cannabis industry, which is on pace to reach $55.8 billion by 2025, per Grand View Research. “We are very excited about this solution,” Wil Ralston, president of SinglePoint, stated in the news release. “In 2014 we started to explore the world of Bitcoin and believed then Bitcoin would have an impact on the cannabis industry. With the currencies new found consumer adoption we believe this is the time to execute and we are doing that in a big way. We have employed an expert and he has architected exactly what we need. Sign up, Swipe and Pay… The bottom line is, it’s easy and almost gives the customer the same experience they are used to using every day.”
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Re: Singlepoint, Inc. (SING)

Postby QualityStocks » Tue Aug 08, 2017 4:25 pm

Absent Federal Banking Support, Cannabis Market Shows Growing Interest in Proprietary Bitcoin Payment Solutions

NetworkNewsWire Editorial Coverage: The legal marijuana industry continues its impressive growth, despite the inability to access a wide range of banking solutions, given that cannabis is still classified as a Schedule I substance by the Federal government. Similarly, bitcoin is a booming market, recently hitting an all-time high of $3,0001 per unit. These two fast-growing markets are already working together, providing investors with significant and diversified opportunities. Several companies, such as SinglePoint, Inc. (SING), First Bitcoin Capital Corp. (BITCF), Epazz, Inc. (EPAZ) and Bitcoin Services, Inc. (BTSC), are focused on innovative bitcoin-based payment solutions to benefit the legal marijuana industry and provide large market players such as Hemp, Inc. (HEMP) with the necessary financial tools to profit and thrive.

Because of federal regulations barring traditional financial institutions and credit card companies from offering their services, the booming marijuana industry, with almost $7 billion in reported sales2 last year, is facing a massive cash flow problem. Cannabis merchants are forced to accept cash-only transactions, which create a constant security threat and accounting issues, further limiting most companies’ ability to grow and expand their business. More and more marijuana businesses are therefore turning to bitcoin solutions as a buffer that allows customers to use their credit cards for purchases. With bitcoin a developing and volatile vertical, cannabis companies are looking toward proprietary bitcoin payment solutions developed specifically for the marijuana market.

This is where specialized holding company SinglePoint, Inc. (SING) comes in. The mobile technology provider is developing (http://nnw.fm/2wJlF) a proprietary bitcoin exchange system aimed at solving payment processing issues in high-risk markets including the cannabis industry. This in-house solution will allow consumers to obtain bitcoin at any point of sale and will be available for use to any legal marijuana business in the 29 states and the District of Columbia where cannabis has been legalized. The proprietary system is built for SinglePoint by TopTal, a San Francisco-based freelance engineering company, and is designed to make instant Bitcoin-based purchases for customers who want to use their credit or debit cards instead of cash.

In development since 2014, the new system is KYC-AML-compliant and will be the first of its kind to be used across the United States, with similar solutions already being implemented abroad, according to SinglePoint. The bitcoin exchange is designed with simplicity in mind in order to make the customer experience as easy as possible. Consumers can sign up directly at the point-of-sale or set up an account online before the purchase, swipe their cards and pay, just as they would with any regular card payment.

“With the currencies new found consumer adoption we believe this is the time to execute and we are doing that in a big way. We have employed an expert and he has architected exactly what we need. Sign up, Swipe and Pay. At the end of the transaction if there is left over Bitcoin the consumer walks away with it. The bottom line is, it’s easy and almost gives the customer the same experience they are used to using every day,” Wil Ralston, president of SinglePoint, stated in a recent press release.

Being an early mover in this segment offers SinglePoint a major opportunity for additional revenue from transactional and platform fees, and to position itself to tap into a largely underserved market.

Aside from the bitcoin system, SinglePoint offers a wide range of marketing and payment processing solutions and services to the legal marijuana industry via subsidiary SingleSeed (http://nnw.fm/3JAie). A recent online audio press release (http://nnw.fm/Kzrh2) illustrates how management is steering SinglePoint’s transition into a diversified holding company. As part of its acquisition-based growth strategy, the company also acquired Convectium, a provider of equipment, branding and packaging solutions that manufactures a highly innovative cartridge and vape pen oil filling system – the first such system available for wholesale distribution to dispensaries. The acquisition, along with SingleSeed services and its development of bitcoin technology for the industry, has given SinglePoint an edge with investors in the legal marijuana market, enabling it to grow at an accelerated rate and put together the capital needed for further development.

Furthermore, SinglePoint partnered with First Bitcoin Capital Corp. (BITCF), a provider of blockchain and bitcoin technology. The two companies have a joint-venture agreement to build and distribute the best bitcoin solution available for the cannabis industry and other high-risk markets. Described as the world’s most prolific issuer of digital currencies, First Bitcoin Capital is the first publicly traded bitcoin entity, with plans to vertically consolidate each segment of the cryptocurrency space. After acquiring control of the world’s first cryptocurrency ETF, AlphaBIT, in July, the company is set to make history again by becoming the first to pay dividends to shareholders in the form of cryptocurrency, according to a recent press release (http://nnw.fm/o5Y9u).

Another bitcoin-based payment system for the fast-growing cannabis industry comes from cloud-based software solutions provider Epazz, Inc. (EPAZ). Launched three months ago, Epazz’s Zenpay system is based on a unique cannabis payment software that allows consumers to use the cryptocurrency for easy store purchases while offering complete anonymity – the consumer would not be required to share his or her name or personal details. Currently in beta testing, the Zenpay system can be seamlessly integrated with merchant stores’ flow and, thus, help fill the industry’s need for a reliable payment solution. Epazz expects the system to start generating revenue later this year, as it can be licensed to vendors in several states.

Bitcoin Services, Inc. (BTSC), the first blockchain-focused U.S public company, has taken bitcoin-based payment solutions one step further by creating an online marketplace where the cryptocurrency can be exchanged for goods and services. The online shop covers multiple verticals, including health and fitness, real estate, automotive, electronics, apparel, catering, etc. and is available for users all over the world. Bitcoin payments can be made without requiring any personal information, thus offering enhanced protection against identity theft. In addition to this massive marketplace, Bitcoin Services is developing a new cryptocurrency wallet that will allow users to store multiple digital currencies and has also begun mining Monero – one of the top digital currencies with a market cap of more than $300 million.

These innovative bitcoin-payment solutions can greatly benefit the cannabis industry at large, including major players such as Hemp, Inc. (HEMP), a provider of hemp-based products and services to the recreational and medical marijuana industries, as well as owner of a website providing related news and entertainment. Hemp recently got one step closer to its long-term goal of becoming the leader of the U.S. industrial hemp industry by opening its own processing facility (http://nnw.fm/XwRm8). The 70,000-square-foot hemp mill located in North Carolina is the result of three and a half years of hard work and an investment of millions of dollars. The facility is the largest in North America and has already started processing its first product, marking the start of a new chapter in the company’s journey: to focus on marketing efforts and enhance its production capabilities to meet rising demand.

In the absence of other payment alternatives and access to the federal banking system, the legal marijuana industry will have no other solution but to expand its use of bitcoin as a bridge between consumers and cannabis services. Involvement in this vertical will make both cannabis merchants and payment solution providers more appealing to investors looking for lucrative opportunities in two booming industries that show no sign of stopping anytime soon.

Editorial Sources:
1) Tech Crunch http://nnw.fm/w2B9n
2) Entrepreneur http://nnw.fm/5fdZY

For more information on SinglePoint please visit: Singlepoint (SING) or www.SinglePoint.com
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Re: Singlepoint, Inc. (SING)

Postby QualityStocks » Tue Aug 08, 2017 4:46 pm

NetworkNewsBreaks – SinglePoint, Inc. (SING) Acquires $Weed Cryptocurrency

Specialized holding company SinglePoint, Inc. (OTC: SING) this morning announced its purchase of the $Weed cryptocurrency from joint venture partner First Bitcoin Capital (OTC: BITCF). Aimed at solving the payment problems that currently exist in the cannabis industry, WeedCoin is already listed on three exchanges, and SinglePoint intends to list and market the currency on more exchanges moving forward. Additionally, the company plans to invest heavily in attracting customers to sign up for a $Weed wallet before visiting the dispensary. If successful, these efforts will address one of the largest barriers relating to the use of cryptocurrency at cannabis retail stores – consumers who have not yet set up a wallet when ready to make a purchase. As noted in this morning’s update, SinglePoint believes that, with proper execution, users of its $Weed cryptocurrency could enjoy a similar experience to the one offered to users of Starbucks’ mobile payment system, with payments completed through a simple scan of a barcode on the user’s smart phone or tablet.
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Re: Singlepoint, Inc. (SING)

Postby QualityStocks » Mon Aug 14, 2017 4:07 pm

SING Investors Relations Kit Available

16-Page $SING Investors Relations Kit is Now Available Online:
http://www.networknewswire.info/sing/ir
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Re: Singlepoint, Inc. (SING)

Postby QualityStocks » Mon Aug 14, 2017 5:15 pm

SinglePoint, Inc. (SING) Offers New Investor Relations Kit to Financial Community

- Kit is available online and details the company’s diversified marketing strategy in the cannabis, legal marijuana fields
- SinglePoint’s growth by acquisition and portfolio of acquired businesses generate multiple revenue streams
- Experienced and successful executive management team is profiled

SinglePoint, Inc. (OTC: SING) has released a new 16-page investor relations kit, available online at http://nnw.fm/g4WSz, detailing investment opportunities presented by the company, which transitioned from a full service provider of mobile technology to focus on diversification into horizontal markets. By acquiring under-valued companies, SinglePoint is now a holding company achieving multiple revenue streams from platforms which provide solutions for small and mid-sized client firms.

The investor relations kit specifies the benefits of the company’s acquisition portfolio. Included is a profile of SinglePoint’s entry into a number of markets. One is a payment processing solution for the legal marijuana industry, utilizing proprietary technology using bitcoin in the “unbankable” cannabis market. This is a joint venture with First Bitcoin Capital, Inc. (OTC: BITCF).

SinglePoint is also in the text message marketing business, providing an effective way for companies to send messages to all of their subscribers simultaneously. This is an effective way for clients to receive text messages universally.

The investor book also specifies SinglePoint’s other acquisitions, such as SingleSeed, Convectium and Discount Indoor Garden Supply (DIGS). All are related to fast-growing legal marijuana industries.

Finally, the kit profiles SinglePoint’s experienced and successful management team leaders.

For more information, visit the company’s website at www.SinglePoint.com
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Re: Singlepoint, Inc. (SING)

Postby QualityStocks » Tue Aug 15, 2017 2:52 am

NetworkNewsBreaks – Singlepoint Inc (SING) Occupies Progressive Position in Cryptocurrency, Legal Cannabis Markets

Singlepoint (OTC: SING) continues to gain momentum in the legal cannabis space, fully leveraging its acquisition-based growth strategy to gain entry points into new niches in the marijuana industry while strengthening existing endeavors. The company's most recent action was its purchase of the $Weed cryptocurrency from joint-venture partner First Bitcoin Capital (OTC: BITCF). A recent editorial titled, "Absent Federal Banking Support, Cannabis Market Shows Growing Interest in Proprietary Bitcoin Payment Solutions," further highlights the company's position as an early mover in providing payment solutions to the "unbanked" marijuana industry, as well as its range of marketing and payment processing solutions.
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Re: Singlepoint, Inc. (SING)

Postby QualityStocks » Tue Aug 15, 2017 5:14 pm

Record Bitcoin Gains Indicate High Times Ahead for Cannabis Cryptocurrency

NetworkNewsWire Coverage: Within America’s explosive legal cannabis market—projected to potentially reach a staggering $50 billion valuation by 20261—legal uncertainties and blockades continue to pose challenges. One of these challenges is a lack of banking options for marijuana merchants, who are largely forced to conduct cash transactions, as cannabis businesses currently do not have the backing of the FDIC and, consequently, do not have access to traditional banking options. Necessity is the mother of invention, and enterprising companies are endeavoring to skirt federal restrictions and provide cannabis companies with innovative financial transaction options to meet their growing needs. One company racing to fill this cannabis payment options void is standout player SinglePoint, Inc. (SING) (SING Profile), which is currently on the fast-track to debuting a payment processing solution utilizing cryptocurrency. This pioneering solution has been developed in collaboration with First Bitcoin Capital Corp. (OTC: BITCF). The validity and promising potential of bitcoin as a solution for marijuana vendors is apparent in view of the staggering success of bitcoin, evidenced in recent gains and in the activities of companies like Bitcoin Services, Inc. (OTC: BTSC), Amazon.com, Inc. (NASDAQ: AMZN) and Overstock.com, Inc. (NASDAQ: OSTK).

As of August 14, bitcoin continued its hike to reach a record high of $4,302.36 per coin. Overall, bitcoin has gained about 80 percent since July and, since the start of 2017, has gained a whopping 257 percent2. Such activity clearly shows a promising future for bitcoin and other cryptocurrencies like it.

SinglePoint (SING) is right at the cutting edge of employing cryptocurrency as a solution for businesses within the cannabis market. The company plans to launch a beta version of its bitcoin solution at the Las Vegas Marijuana Business MJBIZCON event, which takes place November 14-17.

SinglePoint’s new bitcoin exchange (http://nnw.fm/Ln5ot) is targeted at providing cannabis businesses with a user-friendly means of accepting debit and credit card payments and will give marijuana consumers the same convenience, allowing them to make purchases with their cards just as they would purchase any item at any other kind of store. SinglePoint has begun developing an in-house solution that would enable marijuana users to obtain bitcoin at any point of sale and to make instant purchases powered by bitcoin when all they have is a debit or credit card. When launched, this solution will be applicable to other markets, as well, and could be deployed by any type of business wishing to offer a bitcoin transaction option—not cannabis companies only.

SinglePoint’s bitcoin application will be KYC-AML compliant. Customers will be able to sign up for an account online prior to visiting a merchant, or they can do it in seconds right at the point of sale. Similar solutions have been deployed internationally, but SinglePoint is in an early-mover position to bring such technology to the United States. Though still a few months from its beta launch for the solution, SinglePoint is already amassing potential customers through its website.

SinglePoint recently purchased $Weed from First Bitcoin Capital (OTC: BITCF) and will incorporate this cannabis-specific cryptocurrency into its bitcoin solution, so cannabis dispensaries and consumers can accept/use either bitcoin, $Weed coin or both (http://nnw.fm/M9vYG). The recent initial coin offering (ICO) launch for the $Weed cryptocurrency resulted in an impressive yet illiquid market cap of almost $60 million.

SinglePoint and First Bitcoin Capital plan take a consumer-first approach and heavily invest in getting customers to sign up for cryptocurrency wallets in advance. The benefits of this approach include ensuring customers can make their in-store purchase as quickly as possible, and it will also enable merchants to build in loyalty programs, special offers and more as well as to gain insights regarding which products are being purchased, how many are being sold, etc.

As shown in the broad potential of SinglePoint’s cryptocurrency solution, bitcoin has widespread application that includes but also goes far beyond the cannabis market. For more on SinglePoint’s operations, visit the company’s IR Kit here: http://www.networknewswire.info/sing/ir/

Other companies, like Bitcoin Services Inc. (OTC: BTSC), are also working to offer cryptocurrency transaction options to consumers. In the first quarter of 2017, Bitcoin Services began mining its Dash cryptocurrency, and the company has also recently created a new subsidiary, Crypto Capital Corp., which is developing a new crypto currency wallet that will allow users to store multiple digital currencies all in one wallet. Bitcoin Services Inc. is an Internet-based company focused on bitcoin mining and blockchain software development.

Demand for bitcoin continues to increase with its price, and big-name retailers are shifting gears to accommodate this demand. Consumers throughout the world can now make purchases through electronic commerce giant Amazon.com, Inc. (NASDAQ: AMZN) using bitcoin. While Amazon does not currently accept bitcoin directly, Purse.io connects bitcoin shoppers with Amazon gift card holders via an app. The bitcoin shopper selects a desired product on Amazon and creates a wish list for the item on Purse.io. The holder of an unwanted (and not redeemable for cash) Amazon gift card then purchases the bitcoin shopper’s desired item with the gift card, and the item is shipped to the bitcoin consumer. In exchange, the gift card holder receives a bitcoin payment for the gift card. This Purse.io feature has provided billions of shoppers with the option of making Amazon purchases on their iOS and Android devices using bitcoin. It also lets consumers who don’t have bank accounts or credit cards use Amazon’s e-commerce platform, and the service further enables merchants to register their Purse accounts and sell directly on Amazon’s e-commerce platform.

Another major e-commerce player, Overstock.com, Inc. (NASDAQ: OSTK), does accept bitcoin directly and stood out as the first major retailer to do so, commencing acceptance of the cryptocurrency in January 2014. Overstock.com partnered with bitcoin platform Coinbase to accept the digital currency. Later in 2014, the company also created subsidiary Medici Ventures to focus on the development and advancement of blockchain technology.

It seems clear that cryptocurrencies—with bitcoin shining as the most valuable among them—are here to stay and likely represent what the future of financial transactions will look like. As a prime solution for unbankable cannabis businesses and beyond, bitcoin seems to have a very bright future, indeed.

NNW Editorial Sources:
1) Bloomberg.com: http://nnw.fm/JSGp1
2) Business Insider: http://nnw.fm/3cbMT

For more information on SinglePoint please visit: Singlepoint (SING) or www.SinglePoint.com
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Re: Singlepoint, Inc. (SING)

Postby QualityStocks » Thu Aug 17, 2017 4:28 pm

SinglePoint, Inc. (SING) Set to Benefit from Growth in Bitcoin and Cannabis Markets

- Payment solutions for cannabis industry
- Operator of cryptocurrency exchange
- Bitcoin payment solutions for retailers

In its latest initiatives, SinglePoint, Inc. (OTC: SING) is showing that innovation, like politics, makes strange bedfellows. This diversified holding company specializing in acquisitions of small to mid-sized companies, with an emphasis on new technologies, is planning a marriage of cannabis and cryptocurrencies, both of which are rapidly growing opportunities. The company is developing a payment processing solution utilizing cryptocurrencies that is likely to find early application in the cannabis industry. Using its recently acquired $Weed and other cryptocurrencies, SinglePoint wants to help the cannabis industry solve its payment problems.

Although licensed by their state authorities, medical marijuana dispensaries and other cannabis retailers find it difficult to maintain merchant banking accounts at federally regulated financial institutions. The latter, fearful of violating the Controlled Substances Act, will typically cease operating an account if they discover it is associated with a business that ‘touches the plant’. Consequently, cannabis businesses are forced to deal in cash and face the attendant risk of burglaries and holdups. Additionally, customers cannot use their debit and credit cards, and all this because the regular financial system is federally regulated.

Cryptocurrencies, however, are not, and so they offer a ready-made solution to payment problems confronting high risk industries. The best known of these is undoubtedly bitcoin, the fortunes of which continue to improve, according to a recent MarketWatch report (http://nnw.fm/6QptW). Its authors discuss the high positive correlation between bitcoin prices and Google search trends for the word ‘bitcoin’, dubbed ‘a virtuous Satoshi cycle’ by Chris Burniske, who first observed it. Burniske is a bitcoin expert, previously a blockchain analyst at ARK Invest. Recent bitcoin prices have been stratospheric, with the price of a single bitcoin hitting a record high of $4,483.55 recently. Consumers who opt for a cryptocurrency wallet (part of the SinglePoint payment solution) will not only increase their payment options but their holdings of an asset that just keeps climbing in value.

SinglePoint has been working on a cryptocurrency solution for some time. Early in August, the company announced its purchase of the $Weed cryptocurrency from joint venture partner First Bitcoin Capital (OTC: BITCF). Known also as WeedCoin, the digital currency is currently listed on three exchanges, and SinglePoint intends to list and market the currency on more exchanges in the future. The recent initial coin offering (ICO) launch for the $Weed cryptocurrency resulted in an impressive market cap of close to $60 million.

In addition, SinglePoint intends to market its $Weed wallet to cannabis customers before they even set foot in the store. If successful, these efforts will address one of the largest barriers relating to the use of cryptocurrency at cannabis retail stores, i.e., consumers without a wallet who want to make a purchase. SinglePoint believes that, with proper execution, users of its $Weed cryptocurrency could enjoy a similar experience to the one offered to users of Starbucks’ mobile payment system, with payments completed through a simple scan of a barcode on the user’s smartphone or tablet.

For more information, visit the company’s website at www.SinglePoint.com
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Re: Singlepoint, Inc. (SING)

Postby QualityStocks » Mon Aug 21, 2017 3:46 pm

SinglePoint (SING) at Intersection of Two Explosive Markets: Bitcoin and Legal Cannabis

- Industry leader projects cryptocurrency bitcoin, which has achieved $4,000 price, can reach $100,000 within five years
- Company provides processing solution for “unbankable” risk markets, such as legalized cannabis
- SinglePoint releases new investor relations kit that details its acquisition strategy, profiles key executives (http://nnw.fm/ofm0Y)

SinglePoint, Inc. (OTC: SING) finds itself at the intersection of two fast-growth markets: the cryptocurrency bitcoin and legalized cannabis. Bitcoin prices recently surged past $4,000 and are projected by industry leader Wu Jihan, founder of bitcoin miner Bitmain, to possibly reach $100,000 within five years, according to a video by Bloomberg L.P. (http://nnw.fm/INe2R). At the same time, research from Cowen & Company estimates that legalized cannabis sales could reach $50 billion by 2026, according to a Bloomberg L.P. Markets report (http://nnw.fm/2HOt5).

SinglePoint is a high-technology company offering payment processing solutions in high risk markets, such as the legal cannabis industry. That market operates independently of conventional banks. In a joint venture with First Bitcoin Capital, Inc. (OTC: BITCF), SinglePoint uses its own proprietary technology to process transactions in bitcoins for the “unbankable” cannabis market. The company has also made acquisitions within the cannabis industry, including SingleSeed, Convectium and Discount Indoor Garden Supply (DIGS).

Cannnabis dispensaries are seeking a solution for customer transactions which are federally limited in their payment options, requiring payments independent of traditional banks and the FDIC. Bitcoin represents a payment option to dispensaries which are concerned about doing business in a cash-only environment. SinglePoint gives those dispensaries a bitcoin solution (http://nnw.fm/cryZ0). Further, SinglePoint’s acquisitions in the cannabis industry also reinforce its involvement within that fast growing business.

SinglePoint recently released a 16-page investor relations kit, which profiles key executives in the company, as well as detailing the firm’s marketing strategy, acquisitions and diversification into horizontal markets.

For more information, visit the company’s website at www.SinglePoint.com
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