Singlepoint, Inc. (SING)

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Re: Singlepoint, Inc. (SING)

Postby QualityStocks » Wed May 10, 2017 3:56 pm

Marijuana Stocks Drive Corporate Value by Delivering Automation, Technology and Diverse Application

NetworkNewsWire Editorial Coverage: The marijuana market is ripe with investment opportunities, and the leaders of the pack are those who demonstrate the vision and ability to increase corporate value. Be it through revolutionary technology, health applications, packaging and accessories, cultivation tools or other means, companies like SinglePoint, Inc. (SING) (SING Profile), Kush Bottles, Inc. (KSHB), Insys Therapeutics, Inc. (INSY), Solis Tek, Inc. (SLTK) and Medical Marijuana, Inc. (MJNA) are capturing their share of a burgeoning market and presenting investors with unique and exciting opportunities to climb aboard.

In North America, the cannabis market was valued at approximately $7.2 billion in 2016, and it shows no sign of slowing down. Not only is the market’s CAGR forecast between 17 and 25 percent within the next few years, but a recent report from New Frontier Data further estimates that by the year 2020, U.S. medical marijuana sales alone will increase to $13.3 billion, while adult recreational marijuana sales will grow to approximately $11.2 billion (1).

Because marijuana is still illegal on a federal level (29 states and the District of Columbia have passed initiatives or laws legalizing or regulating the substance), some investors see the market as a risky bet. The gargantuan size and potential of this market cannot be ignored, however, and numerous companies are hedging against risks of violating federal law by offering a hands-off approach that serves marijuana businesses without ever touching the plant.

One such example is SinglePoint (SING) a provider of technology solutions to enable seamless business transactions that’s building an acquisition portfolio of undervalued subsidiaries with an emphasis in new technologies. When it comes to opportunities in the marijuana industry, SinglePoint is taking advantage of a couple avenues to maintain diversification and build corporate value.

SinglePoint’s cannabis vertical, SingleSeed has a competitive “head start” in providing mobile payment processing solutions, business tools and text message marketing to “unbankable” marijuana dispensaries whose operations are crimped because of the lack of banking in the industry. SinglePoint founder and CEO Greg Lambrecht further discusses this obstacle, the company’s revenue-generation strategy, and how SingleSeed.com could be a “pick-and-shovel” for the cannabis industry in a podcast interview here: http://nnw.fm/L9HdG

“The long-term vision is to build SingleSeed.com into a market-place for dispensaries to buy the products they need to do business. SingleSeed will also provide consulting services to cannabis businesses who need help gaining traction and success in their strategies,” Lambrecht explained in a recent shareholder update (http://nnw.fm/edXE2).

Another component of SinglePoint’s strategy in the cannabis space also centers on technology via its investment in Convectium, a profitable provider of equipment, branding and packaging solutions for the cannabis industry. Convectium is the developer of the first cartridge and vape pen oil filling machines made for wholesale distribution to marijuana dispensaries. Convectium’s 710Shark and 710Seal machines are capable of filling and packaging more than 100 cartridges or disposable vape pens in just 30 seconds – an automation that represents a significant advancement over the traditional, time-consuming and messy method of filling cartridges by hand. Currently, these machines are sold to dispensaries through the EquipCanna.com brand, and Convectium further operates a consumer brand that includes BlackoutX and HazeSticks, reaching customers in over 52 countries.

Diversification is a considerable aspect of SinglePoint’s strategy to build corporate value. Earlier this week SinglePoint signed a reseller agreement that enables the company to start onboarding “high risk” merchant accounts. Over 100 business types are considered high risk, including auctions, vape pen sales, gambling, online gaming and more. This approach serves as a doorway for SinglePoint to offer payment solutions to cannabis businesses, which are also considered high risk, when the industry becomes bankable.

“We are providing multiple solutions to the cannabis space and we are trying to do the same in the payments space as well. Being able to offer a payment solution to multiple different verticals gives the company a larger target market to tap into. We believe high risk is a huge opportunity and an underserved market at this point,” Lambrecht stated in the news release (http://nnw.fm/3iacI)

In addition to the need for marketing and automation, growing interest in cannabis/marijuana products is also driving demand for packaging and accessories. This is where Kush Bottles (KSHB) steps in – also taking advantage of a hands-off approach. Kush Bottles started out in 2010 as a provider of innovative packaging solutions for the marijuana industry, and the company has since expanded its product line to range from custom packaging and labeling items to point-of-sale products like grinders, lighters, papers and glass pieces. Serving thousands of dispensaries, retail shops, growers and consumers, Kush Bottles has become a premier packaging supply and services company, catering exclusively to the needs of the cannabis industry.

Kush recently acquired Los Angeles-based CMP Wellness, LLC, a privately held distributor of vaporizers, cartridges and accessories. According to the press release, this move is expected to diversify Kush’s product range and deliver new distribution channels and cross-selling opportunities for existing product lines. Like SinglePoint’s Lambrecht, Kush CEO Nicholas Kovacevich also acknowledged the need for financial options in the cannabis industry.

“The rapid growth of the cannabis market, coupled with the lack of access to traditional financial services, creates a unique opportunity for Kush Bottles. As a market leader, we are in a strong position to leverage our first-mover advantage to grow market share and scale our business through market consolidation. We have the necessary infrastructure to immediately support a larger customer base and benefit from operational synergies while maintaining Kush Bottles’ high production standards,” Kovacevich stated in the press release.

Another company serving the marijuana industry is Solis Tek (SLTK), a vertically integrated technology company that provides digital lighting equipment for hydroponic cannabis cultivation. The company’s digital lighting solutions are designed to help increase yield, lower costs and improve crop growth for cannabis growers. Solis Tek’s customers include retail stores, distributors and commercial growers both in and outside of the United States, and the business model is paying off. Solis Tek earlier this week reported record revenues for the quarter ended March 31, 2017, of $2.9 million compared to revenue of $2.5 million in the first quarter of 2016, representing a 12% year-over-year increase. The company attributes this growth to strength in the overall cannabis market, brand recognition and its ability to attract new clients. It also noted “a number of significant expansion projects from our existing customers.”

Another high demand aspect of the marijuana industry is medicinal purpose. Insys Therapeutics (INSY), a specialty pharmaceutical company, is successfully navigating the medical marijuana market—in a manner of speaking. The company’s innovative drugs are synthetic cannabinoids. In developing these pharmaceutical cannabinoids, Insys aims to address the clinical shortcomings of existing commercial products and to improve quality of life for patients with unmet medical needs. The company’s SUBSYS drug has been approved for managing breakthrough pain in cancer patients 18 years and older who are already receiving and have become tolerant to opioid therapy. It is delivered via Insys’ proprietary sublingual spray technology and is the first and only breakthrough pain medication for cancer patients to be offered as a sublingual spray. In 2016, the FDA also approved Syndros, the company’s dronabinol oral solution, for anorexia-associated weight loss in AIDS patients and for nausea and vomiting in chemotherapy patients. The Drug Enforcement Agency recently placed Syndros in Schedule II of the Controlled Substances Act.

It is clear that many of the standout leaders within the marijuana market are capitalizing on its performance in unique and innovative ways while promoting corporate growth. These “hands-off” companies demonstrate the diverse opportunities for the savvy investor looking to profit on the explosive potential of the blooming marijuana market, but there is also opportunity for a direct encounter.

Medical Marijuana (MJNA) is an innovative company that does handle the cannabis plant, but in a unique way. MJNA has identified a means of working within federal government restrictions on cannabis to legally provide high-quality cannabis-derived products in the United States. The key is non-psychoactive cannabinoids like cannabidiol (CBD), which has a wealth of potential health applications without reliance on tetrahydrocannabinol (THC). By growing low-THC varieties of cannabis—aka hemp—outside of the U.S., MJNA was able to create CBD hemp oil and successfully import it into the U.S. CBD hemp oil is a fully legal extract from carefully cultivated hemp plants and is non-psychoactive, contains a full spectrum of phytocannabinoids, is high in CBD, and contains almost no THC, which is why it can be legally sold in the U.S.

The company’s products, offered through the distribution divisions HempMeds and Kannaway, include pure CBD hemp oil extracts, tinctures, sprays, capsules, vaporizers, bath and body products, and even chewing gum. In addition to selling CBD hemp oil products to more than 200,000 consumers in the U.S., MJNA has additionally been able to offer the very first legal cannabis products in Brazil and Mexico.

Sources:

(1) New Frontier Data: http://nnw.fm/2Gezn

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

Postby QualityStocks » Thu May 11, 2017 6:11 pm

SinglePoint, Inc. (SING) Set to Capitalize on Payment Markets Opportunity in MMJ Industry after Congress Triggers Safe Harbor Protection

With the passage of the Rohrabacher-Farr amendment in the $1.1 trillion spending bill to fund the government until September 30, 2017, Congress continues its hands-off approach to the medical marijuana industry. Attached as a rider to the appropriations bill, Rohrabacher-Farr now allows marijuana dispensaries powerful ‘safe harbor’ protections. As a consequence, SinglePoint, Inc. (OTC: SING) is rebooting its initiatives, started two years ago, to be a ‘first mover’ in providing payment solutions to the cannabis vertical through its SingleSeed payments subsidiary.

SinglePoint has been working with medical marijuana (MMJ) businesses for a long time, as GeekWire reported in August 2014 (http://nnw.fm/TM4qv). Back then, the company engaged with more than 100 state-licensed dispensaries in Colorado and Washington to set up point-of-sale terminals that would enable patients to pay for their marijuana purchases with debit and credit cards. SinglePoint’s leadership in providing payment solutions to the newly legalized MMJ industry went up in smoke, however, since banks, afraid of falling afoul of the law, refused to process the payments. Federal money transmitting regulations prohibit ‘the transportation or transmission of funds that… have been derived from a criminal offense or are intended to be used to promote or support unlawful activity’.

In this decidedly more benign environment, SinglePoint, through its SingleSeed Payments subsidiary, is offering a novel payment solution to MMJ dispensaries with its cashless ATM that closely resembles the typical debit/credit card terminal. However, unlike traditional terminals that are associated with an identifiable merchant account, the SingleSeed terminal is linked to the ATM network. As a result, a transaction through a SingleSeed cashless ATM, like a cash withdrawal from any ATM, involves only the account holder, his bank and a cash amount… devoid of other transaction details.

SinglePoint is also breaking ground with its Pay-by-Text™ technology, a tool that facilitates both promotional outreach and payments. Pay-by-Text™ offers a swipe-less payment option to customers who install the app on their mobile phones. To make a payment, the purchaser sends a text message to the payment provider, who clears the transaction with the vendor. The cost of the purchase, subsequently, appears on the monthly phone bill. In addition, the Pay-by-Text™ app becomes a marketing tool. Once the customer has set up a Pay-by-Text™ account, the vendor can issue an invitation to receive text messages. With these promotional and payment solutions, SinglePoint is set to capitalize on the opportunities in payments now that federal legislative and judicial action has created a safe harbor for the MMJ industry.

But a lot has changed since then. Now, even though marijuana remains a Schedule 1 substance like ecstasy, heroin and mescaline under the Controlled Substances Act of 1970, 29 states and the District of Columbia have passed resolutions or laws legalizing medical marijuana or regulating its adult use like alcohol or tobacco.

This has prompted a supportive response from the legislative and judicial branches of the federal government, in stark contrast to the mixed messages coming from the executive. Most importantly, the continuation of Rohrabacher-Farr, which prohibits the Justice Department from using funds allocated by Congress to interfere with the implementation of state medical marijuana laws, triggers the ‘safe harbor’ protections of an important court ruling last year.

On August 16, 2016, in United States v. McIntosh, the Ninth Circuit Court of Appeals, the federal appellate court for the states of Alaska, Arizona, California, Hawaii, Idaho, Montana, Nevada, Oregon and Washington, created a ‘safe harbor’ for medical marijuana establishments. Its ruling requires federal district court judges to provide medical marijuana suppliers and users with a pre-trial evidentiary hearing so that they can establish that their activities are compliant with applicable state law. If such compliance is established, then prosecution under the Controlled Substances Act (CSA) should be dismissed or discontinued, as long as Rohrabacher-Farr, which first became law in May 2014, stands. This means that if MMJ dispensaries can demonstrate compliance with state laws by, for example, having a compliance program in place, they cannot be prosecuted under the CSA.

In addition, SinglePoint has announced in a press release (http://nnw.fm/E0Qps) that it has signed an agreement allowing the company to begin offering “high risk” merchant accounts. This is a major step toward providing previously unavailable financial services to companies in high-risk categories, and the company plans to integrate this into their Pay-by-Text solution.

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

Postby QualityStocks » Fri May 12, 2017 5:41 pm

NetworkNewsBreaks – SinglePoint, Inc. (SING) CEO Discusses Acquisition Strategy in Interview on MoneyTV

Specialized holding company SinglePoint, Inc. (OTC: SING) is a featured company on this week’s episode of MoneyTV with Donald Baillargeon. MoneyTV is an internationally syndicated television program about “money and what makes it happen.” To view the show, visit www.MoneyTV.net. In this week’s episode, SinglePoint CEO Greg Lambrecht discusses the company’s progress toward expanding its presence in the burgeoning legal marijuana industry by way of acquisition. “We’ve spent the last couple of months courting companies to acquire them, particularly in the cannabis space,” Lambrecht noted in the interview. “Actually, I think next week we’re going to be putting an LOI out on a company out of California that we’re going to acquire that has revenue. That was the whole goal behind this is to use our public vehicle to acquire companies with revenues and check that box, and you’re going to be finding that whole plan coming to fruition here shortly… We’re looking to acquire companies that have done all the work and have gotten the license to be a distributor or a manufacturer. Those are so valuable, and that’s what we’re really focusing on.”
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Re: Singlepoint, Inc. (SING)

Postby QualityStocks » Tue May 16, 2017 4:48 pm

SinglePoint (SING) Diversification Strategy Sets Stage for Big Rewards When Cannabis Industry Becomes Bankable

While some investors still view the marijuana market as a new industry, the mammoth potential of the cannabis industry — both in the United States and worldwide — cannot be discounted. While marijuana has not yet been legalized in the U.S. at the federal level, 29 states as well as the District of Columbia have, so far, passed laws or initiatives to legalize or regulate it, and the industry has been growing at an unexpectedly high rate. Some savvy companies are safeguarding against the risk of violating present federal laws by capitalizing on the growth of the cannabis industry in a hands-off way, serving marijuana-related companies without touching the plant themselves. One such company is SinglePoint, Inc. (OTC: SING).

As discussed in a recent article (http://nnw.fm/JRq95), SinglePoint is building an acquisition portfolio of undervalued subsidiaries with a focus on innovative technologies. Within the marijuana industry, the company is pursuing different opportunities to build corporate value and maintain diversification. SingleSeed, SinglePoint’s marijuana vertical, is serving cannabis dispensaries that are currently hampered in their operations due to the present lack of banking options for businesses within the marijuana industry. SingleSeed is engaged in providing mobile payment processing solutions, text message marketing and business tools to marijuana dispensaries, with a long-term goal of building SingleSeed.com into a hub where dispensaries can purchase the products they need to conduct business. It is also planned that SingleSeed will offer consulting services for cannabis businesses that need assistance in getting a foothold and becoming successful in their strategies.

SinglePoint’s own strategy further involves the utilization of marijuana-related technology through its investment in Convectium, which is a successful equipment, branding and packaging solutions provider to the marijuana industry. Convectium has developed the very first cartridge and vape pen oil filling machines created for wholesale distribution to cannabis dispensaries. The 710Shark and 710Seal machines offered by Convectium, currently sold through the EquipCanna.com brand, can fill and package more than 100 cartridges or disposable vape pens in 30 seconds, revolutionizing the inefficient traditional method of hand-filling cartridges. Convectium additionally operates a consumer brand that includes HazeSticks and BlackoutX, with a customer reach that encompasses more than 52 countries.

SinglePoint recently signed a reseller agreement that enables the company to begin onboarding “high risk” merchant accounts, which includes more than 100 types of businesses. Cannabis businesses are currently counted among these high-risk business types, along with enterprises like auctions, gambling, vape pen sales, online gaming and others. Serving SinglePoint’s diversification strategy, this move will enable the company to provide payment solutions to cannabis businesses as soon as the marijuana industry becomes bankable. Offering payment solutions to various verticals in this way enlarges SinglePoint’s target market and paves the way for enormous success in catering to an underserved market.

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

Postby QualityStocks » Wed May 17, 2017 6:03 pm

NetworkNewsBreaks – SinglePoint, Inc. (SING) Enters Letter of Intent to Acquire Stake in Discount Indoor Garden Supply

Specialized holding company SinglePoint, Inc. (OTC: SING) this morning announced its entry into a Letter of Intent with Discount Indoor Garden Supply (“DIGS”). Per the terms of the LOI, SinglePoint will acquire 90 percent of DIGS in a stock and cash transaction. The company anticipates that the acquisition will bring immediate revenues to SinglePoint while positioning it as a leader in online products, retail stores, cannabis consulting and equipment in California. “We are committed to identifying and making investments that will strengthen both parties’ position in the cannabis industry while building SinglePoint’s corporate value,” Greg Lambrecht, CEO of SinglePoint, stated in the news release. “California is a major market opportunity, and we will work to find the right companies, such as DIGS, in which we can invest to gain a stronger foothold in the broader marijuana industry.” In addition to an online store (www.DIGSHydro.com), DIGS currently operates two store front locations strategically located to capitalize on the sustained growth of the California marijuana industry. DIGS has plans to open a third store front location in the near future, and it’s working on a bid to build-out a 15,000 plant operation in Southern California.
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Re: Singlepoint, Inc. (SING)

Postby QualityStocks » Wed May 24, 2017 5:16 pm

Evolution of Marijuana Industry Creates Wealth of Opportunity for Companies with Foresight and Action

NetworkNewsWire Editorial Coverage: The marijuana industry continues to evolve at a breakneck pace in the United States, and an increasing number of businesses are finding their niche in this rampant market as it burns toward nationwide legalization. In the wake of this evolution, various new types of businesses are emerging to provide the consumer and commercial markets with products and services such as branding and packaging, smoke lounges, cultivation operations, grow equipment, pain management, payment solutions and numerous others. SinglePoint, Inc. (SING) (SING Profile), Medical Marijuana, Inc. (MJNA), Kush Bottles, Inc. (KSHB), Scott’s Miracle-Gro Co. (SMG) and Canopy Growth Corp. (TWMJF) represent a handful of innovators finding ways to cash-in on the plentiful opportunities within this budding market.

A quick browse through marijuana-related news provides just a glimpse of the progress being made in the mammoth industry. In Vermont, a landmark bill legalized marijuana for adults over 21, marking the first time a state legislature has ever originated and passed a marijuana legalization bill. Previously, adult-use legalization measures in the U.S. were passed by popular citizen vote. Massachusetts and Maine are also moving forward, with retail stores expected to open in both states in 2018. In Oregon, the City of Portland is backing cannabis businesses in lobbying for a bill that would permit marijuana consumption at licensed lounges, similar to tobacco smoking patios. These are only the latest in a wave of headline-making happenings related to marijuana legalization efforts throughout the country.

Companies like SinglePoint (SING) are well-aware of these developments and are making headway in their respective niches. SinglePoint is building an acquisition portfolio of undervalued subsidiaries with a focus on innovative technologies. When it comes to opportunities in the marijuana industry, SinglePoint’s strategy is to provide various ancillary services and non-plant-based solutions to dispensaries, growers and consumers.

Due to federal restrictions, marijuana businesses lack access to banking options, but industry experts expect this to change. Anticipating the need for electronic payment options once the industry does become bankable (http://nnw.fm/8oB02), SinglePoint has structured its cannabis brand subsidiary, www.SingleSeed.com, as a hub for the online sale of cannabis products to marijuana dispensaries. When the tide turns, SinglePoint will be a “first mover” in providing payment solutions to cannabis businesses through its SingleSeed Payments, which is geared up to provide payment solutions such as mobile marketing, cashless ATM, Pay-by-Text™ and text message marketing (http://nnw.fm/W84Lt). Ready at the gates, SingleSeed.com has become a standout resource for marijuana dispensaries seeking merchant payment processing solutions and other business tools.

Waiting on this opportunity doesn’t mean inaction, however. SinglePoint in early May announced (http://nnw.fm/QjJ9m) its plans to start onboarding “high risk” merchant accounts, a category of more than 100 types of businesses, including auctions, vape pen sales, gambling, online gaming and more, which typically offer higher margins than traditional accounts.

“We are providing multiple solutions to the cannabis space and we are trying to do the same in the payments space as well,” SinglePoint CEO Greg Lambrecht stated in the news release. “Being able to offer a payment solution to multiple different verticals gives the company a larger target market to tap into. We believe high risk is a huge opportunity and an underserved market at this point.”

SinglePoint’s core business strategy (http://nnw.fm/obb8Z) is one of diversification and the relentless pursuit of building corporate value. On point, the company earlier this year announced its investment in Convectium, a profitable provider of equipment, branding and packaging solutions to the marijuana industry. Convectium has developed the very first cartridge and vape pen oil filling machines created for wholesale distribution to cannabis dispensaries. The company’s 710Shark and 710Seal machines, currently sold through its EquipCanna.com brand, can fill and package more than 100 cartridges or disposable vape pens in 30 seconds, providing an attractive alternative to the traditional, time-consuming method of hand-filling cartridges. Also operating consumer brands HazeSticks and BlackoutX, Convectium has a market reach into more than 52 countries.

SinglePoint also recently signed a Letter of Intent (http://nnw.fm/0iSI1) to acquire 90 percent of California-based Discount Indoor Garden Supply (“DIGS”), a provider of growing equipment and accessories for individual or commercial plant cultivators. In addition to its online store (www.DIGSHydro.com), DIGS operates two store-front locations with plans for a third in the near future.

This acquisition is expected to bring immediate revenues to SinglePoint as it deepens its reach in the State of California, which houses thousands of cannabis-related businesses. Through DIGS, SinglePoint will be able to offer soil and supplies similar to a household brand and recognizable player in the marijuana industry, Scotts Miracle-Gro (SMG).

Well known for its lawn and garden care products, Scotts Miracle-Gro is also heavily investing in hydroponics – the method of growing plants without soil – a method primarily used in indoor and urban gardening. Hydroponics has also become the standard for growth in the marijuana industry. In May 2016, The Hawthorne Gardening Company, a wholly owned subsidiary of Scotts Miracle-Gro, spent $136.2 million on the acquisition of a 75 percent stake in greenhouse and hydroponic indoor lighting producer Gavita. In October 2016, The Hawthorne Gardening Company also acquired American Agritech, which is a hydroponic growing systems and plant supplements producer.

Industry peer Medical Marijuana (MJNA) is taking a unique approach to providing marijuana products without waiting for federal governmental approval to do so. The company has discovered a way to work within federal government cannabis restrictions to legally offer high-quality cannabis-derived products in the United States. The key to doing so pertains to non-psychoactive cannabinoids like cannabidiol (CBD), which has a wide variety of potential health applications but does not rely on tetrahydrocannabinol (THC), the psychoactive chemical compound in cannabis. MJNA’s approach is to grow low-THC varieties of cannabis (hemp) outside the United States, create CBD hemp oil, and import it to the United States. Taken from carefully cultivated hemp plants, CBD hemp oil is an extract that is completely legal, non-psychoactive, contains a full spectrum of phytocannabinoids, is high in CBD and has almost no THC, making it legal to sell in the U.S. MJNA’s products, provided through the HempMeds and Kannaway distribution divisions, include pure CBD hemp oil extracts, sprays, tinctures, capsules, vaporizers, bath and body products and chewing gum. Along with selling CBD hemp oil products to more than 200,000 individuals in the U.S., MJNA has also been able to offer the first legal marijuana products in Brazil and Mexico. Recently, the company’s Kannaway brand expanded into the European marketplace and is expected to be fully operational there by the fourth quarter of 2017.

Another company set to cash-in on the evolution in the marijuana industry is Kush Bottles (KSHB). Getting its footing in 2010 as a provider of cutting-edge packaging solutions for the marijuana industry, Kush Bottles has since expanded its product line, which now ranges from custom packaging and labeling items to point-of-sale products like grinders, papers, lighters and glass pieces. Kush Bottles serves thousands of cannabis dispensaries, retail shops, growers and consumers and has become a leading packaging supply and services company that exclusively addresses the needs of the marijuana industry. Recently, Kush Bottles added the web domain Roll-uh-Bowl.com to its list of acquisitions. Attracting an average of 39,500 web users monthly, Roll-Uh-Bowl.com is an online distribution platform for the retail sale of collapsible, unbreakable medical-grade silicone water pipes.

Canopy Growth (TWMJF) is also successfully navigating the marijuana market. A leading global diversified cannabis company, Canopy Growth operates various diverse brands and curated strain varieties that are supported by more than half a million square feet of indoor greenhouse production capacity and that are also partnered with some of the biggest names in the sector. The company’s core brands include Tweed, which has become one of the most recognized marijuana production brands in the world; Bedrocan medical-grade cannabis; and the Mettrum natural health brand.

Consumer demand, political support, and public opinion are powerful drivers behind the movement toward legalized marijuana, and present an increasing number of opportunities for companies to profit. The named companies are among standouts in this sector that are successfully navigating the growing cannabis market and implementing smart strategies to capitalize on its manifold opportunities.

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

Postby QualityStocks » Wed May 24, 2017 5:40 pm

NetworkNewsBreaks – SinglePoint, Inc. (SING) Completes Acquisition of Discount Indoor Garden Supply

Specialized holding company SinglePoint, Inc. (OTC: SING) this morning announced the completion of its acquisition of Discount Indoor Garden Supply (“DIGS”). Under the terms of the agreement, SinglePoint has acquired a 90 percent stake in DIGS through a stock and cash transaction, further demonstrating the company’s ability to strategically expand its portfolio of investments in established, high-potential cannabis businesses. “This acquisition is an important one for SinglePoint and strengthens our footing in the cannabis industry,” Greg Lambrecht, CEO of SinglePoint, stated in the news release. “The acquisition of DIGS is phenomenal for the company’s books. More importantly though are the people that come along with this. We are investing in people we believe in, people that we know can continue to run and grow their company.” DIGS currently operates both an online store and two store front locations, with plans to open a third in the near future. Both of its stores are strategically located to capitalize on a sizable presence of licensed cannabis growers, which could provide an opportunity for considerable market growth following California’s anticipated 2018 legalization of recreational cannabis use.
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Re: Singlepoint, Inc. (SING)

Postby QualityStocks » Tue May 30, 2017 5:03 pm

SinglePoint, Inc. (SING) Targeting Market Domination

Two significant acquisitions in the last three months is more than a pattern. It’s an out-right destination. This recent audio interview http://nnw.fm/8w4N9 with Greg Lambrecht, CEO of SinglePoint (OTC: SING), discusses some of the synergies and the immense opportunities that come with the company’s recent acquisition of 90% of Discount Indoor Garden Supply (“DIGS”) (www.DIGSHydro.com).

These strategic accretive acquisitions position SinglePoint to become a dominant player in the California cannabis market while never actually touching the plant.

In March, SinglePoint announced its acquisition of Orange County-based Convectium, which provides branding, packaging, equipment and a proprietary oil filling system ready to rock the cannabis market.
Earlier this month, SinglePoint added southern California-based DIGS to its portfolio (http://nnw.fm/oh7ZW), which brings immediate revenues to SinglePoint and positions the company as a leader in online products, retail stores, cannabis consulting and equipment throughout California.

Many cannabis-related businesses turn to DIGS Hydro’s online store and retail locations for anything and everything needed to cultivate cannabis products, except the seed and plant itself. The owner of DIGS, Carey Haas, has 25 years of experience in the California cannabis markets and brings his knowledge, experience and vast contacts with him to the SinglePoint family of companies.

As a specialized holding company, SinglePoint is building strong relationships as well uncommon companies in its quest to become the dominant force supplying products and services to the California cannabis industry.

The company is rapidly expanding its portfolio in the cannabis markets with strategic accretive acquisitions that profit from servicing the cannabis industry. There’s little doubt the marijuana market in the United States is poised for further explosive upside growth. SinglePoint understands its destination and has taken another huge step toward dominating markets and reaping the attendant rewards.

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

Postby QualityStocks » Thu Jun 01, 2017 11:59 am

SinglePoint, Inc. (SING) Targeting Market Domination

Two significant acquisitions in the last three months is more than a pattern. It’s an out-right destination. This recent audio interview http://nnw.fm/8w4N9 with Greg Lambrecht, CEO of SinglePoint (OTC: SING), discusses some of the synergies and the immense opportunities that come with the company’s recent acquisition of 90% of Discount Indoor Garden Supply (“DIGS”) (www.DIGSHydro.com).

These strategic accretive acquisitions position SinglePoint to become a dominant player in the California cannabis market while never actually touching the plant.

In March, SinglePoint announced its acquisition of Orange County-based Convectium, which provides branding, packaging, equipment and a proprietary oil filling system ready to rock the cannabis market.
Earlier this month, SinglePoint added southern California-based DIGS to its portfolio (http://nnw.fm/oh7ZW), which brings immediate revenues to SinglePoint and positions the company as a leader in online products, retail stores, cannabis consulting and equipment throughout California.

Many cannabis-related businesses turn to DIGS Hydro’s online store and retail locations for anything and everything needed to cultivate cannabis products, except the seed and plant itself. The owner of DIGS, Carey Haas, has 25 years of experience in the California cannabis markets and brings his knowledge, experience and vast contacts with him to the SinglePoint family of companies.

As a specialized holding company, SinglePoint is building strong relationships as well uncommon companies in its quest to become the dominant force supplying products and services to the California cannabis industry.

The company is rapidly expanding its portfolio in the cannabis markets with strategic accretive acquisitions that profit from servicing the cannabis industry. There’s little doubt the marijuana market in the United States is poised for further explosive upside growth. SinglePoint understands its destination and has taken another huge step toward dominating markets and reaping the attendant rewards.

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

Postby QualityStocks » Mon Jun 05, 2017 4:11 pm

SinglePoint, Inc. (SING) Expands Marijuana Market Reach as Investors Plan for Increased Participation

One of the fastest growing industries in the United States in recent years, the legal marijuana market remains a highly attractive prospect for both entrepreneurs and investors, despite facing uncertain times as a consequence of the new administration’s position on cannabis use. Investors are actually expected to increase their investments this year, determined to push the market toward further growth. A recent GreenWave Advisors report notes that the industry will continue this trend even if the current administration will actively challenge it (http://nnw.fm/2hHRu). Arizona-based holding company SinglePoint, Inc. (OTC: SING) is riding atop the marijuana investing wave, having recently completed yet another major acquisition that will solidify and expand its reach on the market.

The current state of the legal marijuana industry was discussed in depth at Marijuana Business Daily’s Conference and Expo earlier this month, with most investors, analysts and startups in the market admitting concern over the future, given the authorities’ position on the matter. President Donald Trump and other high-ranking officials have repeatedly talked about cracking down on the marijuana market, since the substance is still illegal at federal level. Marijuana use is however legal one way or another in at least 29 states, and stricter enforcement at central level would interfere with states’ individual legislation. No official position or measures have been announced yet.

While some expo participants were concerned they might see fewer investors coming to the market, most industry research points to a very likely increase in overall investments this year. The average investor is expected to invest roughly $500,000 in marijuana businesses this year, up from last year’s $450,000. Additionally, research indicates that legal marijuana retail sales will continue to grow, reaching $7.7 billion this year, according to GreenWave Advisors. The market is likely to top $30 billion by 2021, if medical and recreational marijuana is legalized all across the country. And even if the current administration takes on a more active stance against marijuana legalization, the market is still expected to reach $18 billion by 2021. Marijuana Business Daily research projects a more moderate, but still substantial revenue: $6.1 billion in retail sales for this year.

California alone could account for 40 percent of the market, the GreenWave Advisors research shows. The Golden State is turning into a hotspot for marijuana investments and businesses, as it moves to completely legalize recreational use next year. SinglePoint has already entered the Californian marijuana market following its latest acquisition. By acquiring 90 percent of Discount Indoor Garden Supply (DIGS), the company positions itself as a leader in marijuana consulting, equipment, retail stores and online products. The acquisition gives SinglePoint access to DIGS’s two brick-and-mortar stores and online shop, as well as to a third store likely to open in the near future. This investment not only demonstrates SinglePoint’s ability to grow its investment portfolio strategically, but also provides the company with a new and consistent source of revenues to help fund future acquisitions.

The DIGS investment follows another major strategic acquisition for SinglePoint: that of Convectium, the manufacturer and distributor of an innovative equipment and packaging solution in the cannabis industry. Convectium’s unique cartridge and vape pen filling machines is revolutionizing the traditional, manual cartridge filling method, as it can fill more than 100 cartridges in 30 seconds.

SinglePoint also has a strong presence on the marijuana payment solutions market via its subsidiary SingleSeed. A provider of various state-of-the-art non-cash payment and marketing tools for the medical and retail marijuana market, SingleSeed’s declared goal is to help businesses on the market thrive, while also helping to legitimize the industry and educating customers and business owners on key issues in the market.

For more information about SinglePoint and the company’s latest investment plans, visit www.SinglePoint.com
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Re: Singlepoint, Inc. (SING)

Postby QualityStocks » Tue Jun 06, 2017 4:21 pm

SinglePoint’s (SING) Bitcoin Solution Could Solve Cannabis Industry’s Banking Problems

As the marijuana industry continues its brisk forward march — with cannabis now legalized in some form in 29 states as well as the District of Columbia — cannabis dispensaries and other businesses are still faced with the challenge of having no banking options currently available to them, which forces them to conduct cash transactions only. These merchants are clamoring for a solution that has, as yet, been elusive, but SinglePoint, Inc. (OTC: SING) may finally have the answer: bitcoin.

The use of bitcoin, a digital currency, enables financial transactions to be completed independent of banks and free of government regulation — making it an ideal option for marijuana merchants that presently cannot offer their customers credit and debit card payment options due to federal restrictions. SinglePoint has announced an initiative to create a bitcoin payment solution for the cannabis industry that would enable marijuana businesses to accept card payments without the need for federal approval or the cooperation of banks.

SinglePoint’s aim is to develop a bitcoin payment solution that would create a user-friendly experience for customers and allow them to purchase cannabis products using their credit or debit cards. The solution could be easily implemented in any point-of-sale machine by simply downloading an application.

The company’s SingleSeed subsidiary is already engaged in offering mobile marketing and payment solutions to businesses in the marijuana industry, including cashless ATM, Pay-by-Text™ and text message marketing. SinglePoint has also successfully completed technology integrations with companies like RedFynn, Twilio and IATS, as well as with major carriers like Verizon (NYSE: VZ), T-Mobile (NASDAQ: TMUS), AT&T (NYSE: T) and Sprint (NYSE: S), through which it offers text message marketing and text-based payment solutions. The company plans to utilize these integrations as it develops its bitcoin payments technology.

This solution, once ready for implementation, could quickly spread to many stores, where the SinglePoint API could be easily downloaded into existing point-of-sale machines. Cannabis merchants could then begin performing bitcoin transactions via credit and debit card.

This pioneering solution for the banking problems currently faced by marijuana businesses could be a game-changer in this flourishing industry, which has been projected by New Frontier to reach $24 billion by 2026.

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

Postby QualityStocks » Tue Jun 06, 2017 4:36 pm

NetworkNewsBreaks – SinglePoint, Inc. (SING) Teams with First Bitcoin Capital (BITCF) to Develop Bitcoin Payments Solution

Specialized holding company SinglePoint, Inc. (OTC: SING) this morning announced an initiative to develop a bitcoin payments solution in partnership with First Bitcoin Capital Corp. (OTC: BITCF), an industry-leading bitcoin and blockchain technology provider. Per the news release, the two companies have signed a joint venture agreement to develop and distribute a viable payments solution targeted at “high-risk payment verticals including the cannabis industry” in order to “fill the payments gap that currently exists.” Through this new partnership, SinglePoint and First Bitcoin Capital intend to focus on their respective core strengths in order to build and supply the best bitcoin solution available. “In January 2014 SinglePoint announced and started working on a bitcoin payment solution, shortly after we recognized the issue of minimal user adoption of digital currency. The payments industry has rapidly changed since that time,” Greg Lambrecht, CEO of SinglePoint, stated in the news release. “There is now tremendous momentum and demand for bitcoin acceptance as an alternative form of payment. This Joint Venture with First Bitcoin Capital is perfect timing. Bitcoin payments are catching on and cannabis dispensaries need a solution fast.”
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Re: Singlepoint, Inc. (SING)

Postby QualityStocks » Wed Jun 07, 2017 4:02 pm

Bitcoin Currency Could Solve Banking Issues for Cannabis Industry

Though some form of cannabis is now legal in 29 states and the District of Columbia, a lack of banking options for cannabis businesses in the United States continues to force marijuana merchants to rely solely on cash transactions. This inhibition has been a major obstacle for dispensaries and other cannabis-related businesses, but the use of bitcoin technology could be the key to overcoming the roadblock. SinglePoint, Inc. (SING) (SING Profile) has announced an initiative to develop a bitcoin payment solution for the marijuana industry, providing a much-needed financial transaction option and allowing cannabis businesses to accept credit card payments without the cooperation of banks or the FDIC. The growing popularity and acceptance of bitcoin is evidenced by the activities of companies like BTCS, Inc. (BTCS), Bitcoin Investment Trust (GBTC), Zynga, Inc. (ZNGA) and Square, Inc. (SQ) and further validates the wisdom of exploring bitcoin payment options for the cannabis industry.

Bitcoin is a digital currency through which funds can be transferred independent of banks and unregulated by governments. On April 1, 2017, bitcoin became an official payment method in Japan, with hundreds of thousands of shops expected to accept bitcoin in that country throughout this year1. In the U.S., various major retailers are also accepting bitcoin, including Overstock.com, Inc. (OSTK), Microsoft and Subway2. Bitcoin has additionally provided annual returns of more than 286 percent, according to prices from CoinMarketCap.com.

As a financial transaction option for currently “unbankable” cannabis businesses in the U.S., bitcoin could be the perfect solution. New Frontier projections have shown the cannabis industry reaching $24 billion by the year 2026, and such significant growth demands adequate payment options to keep pace.

SinglePoint (SING) has partnered with First Bitcoin Capital Corp. (BITCF) (Press: http://nnw.fm/d1ewJ) to create a proprietary bitcoin payment solution for the cannabis industry. As part of its broader strategy (http://nnw.fm/1hoVP) to cement its position in the budding marijuana industry, SinglePoint has been actively providing corporate solutions to cannabis businesses through its SingleSeed subsidiary, offering mobile marketing and payment solutions such as cashless ATM, Pay-by-Text™ and text message marketing. The SingleSeed.com website has additionally become a popular resource for marijuana dispensaries that are seeking merchant payment processing solutions and other business tools.

The company has also made several acquisitions to take a diversified approach to the marijuana industry, without touching the actual plant. Its portfolio includes a majority stake in Discount Indoor Garden Supply (http://nnw.fm/yo2jF) and an investment in Convectium (http://nnw.fm/2GuZ5).

Now, SinglePoint believes it has found a way to apply bitcoin technology to provide customers with a seamless payment experience at cannabis dispensaries when using their credit or debit cards. The company’s end goal is to provide a bitcoin payment solution that can be easily implemented in any point-of-sale machine through a simple application download.

In collaboration with First Bitcoin Capital, SinglePoint will seek out and identify opportunities to apply its payment technology expertise to develop a proprietary solution for high-risk verticals like the cannabis industry.

“In January 2014 SinglePoint announced (http://nnw.fm/ATUj1) and started working on a bitcoin payment solution, shortly after we recognized the issue of minimal user adoption of digital currency. The payments industry has rapidly changed since that time. There is now tremendous momentum and demand for bitcoin acceptance as an alternative form of payment. This Joint Venture with First Bitcoin Capital is perfect timing. Bitcoin payments are catching on and cannabis dispensaries need a solution fast,” SinglePoint CEO Greg Lambrecht stated in a press release (http://nnw.fm/d1ewJ) announcing the bitcoin initiatives.

SinglePoint has already been successful in completing technology integrations with companies like Twilio, RedFynn and IATS and with major carriers like ATT, T-Mobile, Verizon and Sprint. This has enabled SinglePoint to offer its text message marketing and text-based payment solutions, and the company said it now intends to utilize these successful integrations in developing its bitcoin payments technology—doing so either independently or with a well-qualified development partner.

While SinglePoint appears to be the frontrunner in applying digital currency solutions to the cannabis industry, other publicly traded companies have also recognized the game-changing opportunities offered by bitcoin technology. An early mover within the blockchain and digital currency ecosystems, BTCS, Inc. (BTCS) has been recognized as the first “pure play” public company in the U.S. to focus on blockchain technologies, which are the technologies that underpin bitcoin digital currency.

Bitcoin Investment Trust (GBTC) is another digital currency play. Recently named to OTC Markets Group’s “OTCQX Best 50” for 2017, Bitcoin Investment Trust is a U.S.-based, open-ended grantor trust sponsored by Grayscale Investments that is invested exclusively in bitcoin. Its shares are the first publicly quoted securities that are solely invested in and deriving value from the price of bitcoin. This enables investors to gain exposure to bitcoin’s price movement through a traditional investment vehicle, sidestepping the challenges of buying, storing and safekeeping bitcoins.

As previously noted, a swelling number of companies – ranging from technology, travel and bookstores to restaurants, individual retailers and gaming sites – have started accepting digital currency for payments. Names like Dish Network, Shopify, Mint.com, Whole Foods and Expedia might ring a bell.

Social games giant Zynga (ZNGA), creator of popular evergreen franchises like FarmVille and Words with Friends, has also climbed aboard the bitcoin bandwagon, and it has been accepting bitcoins as a form of payment for in-game purchases since 2014.

Another is Square (SQ), a major provider of business tools that enable sellers of all sizes to start, run and grow their businesses. Square also began pioneering bitcoin solutions back in 2014, announcing an intention to build a register that would allow companies to accept bitcoin and Apple Pay. You might recognize Square as the creator of the small white credit card reader used by many individual retailers, restaurants and other merchants.

As the use and acceptance of bitcoin becomes ever more widespread, with the demand for digital convenience and payment capabilities serving as a powerful catalyst, its potential as a financial transaction solution for the cannabis industry is quite promising. Until the cannabis industry becomes bankable in the U.S., an easy-to-deploy and simple-to-use means of accepting bitcoin payment could be the golden ticket for which marijuana dispensaries and other cannabis businesses have been waiting.

Editorial Sources:
(1) Bitcoin.com: http://nnw.fm/7EvhA
(2) 99Bitcoins.com: http://nnw.fm/h2Qq8

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 15, 2017 4:33 am

Digital Currency Headed for Widespread Acceptance, Has Potential as Cure for Banking Concerns among Cannabis Companies

NetworkNewsWire Editorial Coverage: The cannabis market in the U.S. and worldwide continues to grow, but that doesn’t mean everyone is open to the idea of legal marijuana. The banking industry is one example, as the Federal Deposit Insurance Corporation (FDIC) has generally been unsupportive of backing cannabis-related investments. Since marijuana hasn’t been legalized at the federal level, most banks are hesitant to have any part of the $6.7 billion marijuana industry. While many industry experts expect this stance to change amid growing support for a bankable marijuana industry, 70 percent of cannabis companies currently operate without access to a corporate bank account. Industry innovators are gearing up to fill this payments gap, however. SinglePoint, Inc. (SING) (SING Profile) recently announced an alternative payment solution in partnership with First BitCoin Capital Corp. (BITCF) to develop a bitcoin payment solution for the marijuana industry. Other major players on the rising bitcoin market include price-tracking Bitcoin Investment Trust (GBTC) and a growing number of retailers, including Overstock.com, Inc. (OSTK) and mobile gaming company Zynga, Inc. (ZNGA), that are currently accepting digital currencies.

A lack of bank support hasn’t deterred SinglePoint, Inc. (SING) from aggressively expanding its market reach to the 29 states that have legalized medical marijuana. Demonstrative of its insight into the opportunities afforded by mounting acceptance and legalization of marijuana, SinglePoint recently announced its partnership with First Bitcoin Capital (BITCF), a leading provider of bitcoin technology, to create a viable payments solution for unbanked cannabis businesses.

Using “blockchain technology”, the solution will target high-risk payment verticals and enable customers to use their credit or debit cards at a medical/recreational cannabis dispensary – a capability that will benefit customers as well as the swelling number of cannabis suppliers and dispensaries across the nation.

“We are optimistic that our partnership with SinglePoint will produce positive cash flow to our bottom line. Between the two of our companies, we will have the ability to develop a best in class solution and SinglePoint will be able to help in distribution. We look forward to providing cutting edge products and services to all states through the establishment of this new venture,” Greg Rubin of First Bitcoin Capital stated in the press release (http://nnw.fm/7XlMo).

This isn’t the first time SinglePoint has undertaken significant integration. The company has successfully completed technology integrations with Twilio, RedFynn and IATS, as well as ATT, T-Mobile, Sprint and Verizon, enabling SinglePoint to provide its text message marketing and text-based payment solutions. Leveraging this experience, along with First Bitcoin Capital’s expertise, the companies plan to develop payment technology that can be easily implemented into any point-of-sale machine through a simple download of the application.

SinglePoint, through its SingleSeed Payments subsidiary (www.SingleSeed.com), already has its roots as a payment solutions provider to the cannabis industry. SingleSeed Payments delivers tools and support specifically crafted to help cannabis businesses stay on top of key issues in the retail and recreational markets in order to build their customer base and develop effective strategies.

As SinglePoint continues to diversify its investment portfolio (http://nnw.fm/Ds3d9) – which includes a stake in Convectium, the manufacturer and distributor of an innovative equipment and packaging solution in the cannabis industry, and Discount Indoor Garden Supply (“DIGS”) – the company is proving its foresight into the demand for new capabilities and technologies such as digital currency and is also set to benefit from anticipated investments in cannabis (http://nnw.fm/i3WwI).

The demand for bitcoin isn’t only on the retail side, however. It is also gaining ground in the investment community.

Recently named to OTC Markets Group’s “OTCQX Best 50” for 2017, Bitcoin Investment Trust (GBTC) enables investors to gain exposure to bitcoin’s price movement through a traditional investment vehicle, sidestepping the challenges of buying, storing and safekeeping bitcoins. Bitcoin Investment Trust’s shares are the first publicly quoted securities that are solely invested in and deriving value from the price of bitcoin. Bitcoin Investment Trust is sponsored by Grayscale, a digital currency group company, which is also a sponsor of the Ethereum Classic Investment Trust.

Digital currencies are on track to transform finance, and the potential application of this technology goes well beyond the cannabis industry and the borders of the United States. In Japan, for example, experts forecast bitcoin will soon be accepted in 260,000 stores. Though not on par with the pace overseas, more U.S.-based retailers are participating in the growing phenomena of “Internet money.”

Overstock.com (OSTK), in 2014, became the first major U.S. retailer to accept bitcoin. A brief two years, later Overstock began to issue stock over the Internet, becoming the first publicly traded company to do so. According to a December 2016 article at Wired.com, Overstock distributed more than 126,000 shares via bitcoin blockchain. Controlled by a global network of computers, this blockchain (an online ledger) isn’t controlled by any government or single company, which adds to its allure. It tracks all financial exchanges. In addition to money, it can track stocks and bonds as well. Blockchain shares are driven through a broker and other middlemen to satisfy regulatory requirements, making them not much unlike a stock offering.

Zynga (ZNGA) was also among the first to jump into digital currency. The mobile gaming provider, which was recently upgraded to an Overweight rating at Morgan Stanley, in January 2014 took note of rising popularity of bitcoin and, via Reddit, announced it would begin testing the currency as payment for in-game purchases. At the time, bitcoin was priced around $1,200. Today, one bitcoin is the equivalent to more than $2,715.

From consumer products at Overstock.com to high-risk verticals such as cannabis, digital currency continues to pick up momentum worldwide. With a nod to the need for payment solutions in the marijuana industry, SinglePoint is on track to become the preferred payment solution in the marijuana industry, which is predicted to grow to $24 billion by the year 2026, based on New Frontier projections.

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 15, 2017 3:54 pm

SinglePoint, Inc. (SING) Using Bitcoin to Bypass Banking Roadblocks

A total of 29 states now allow for comprehensive medical marijuana programs, and recreational marijuana is legal in eight. There’s no question that the country’s opinion of marijuana has changed. Public support for making marijuana legal has continued to climb over the years, as 61 percent of Americans now think recreational use of marijuana should be legal and 88 percent favor medical marijuana use. A vast majority of the states and the citizens of this country support legalized marijuana in spite of antiquated federal government strictures.

These antiquated federal strictures create conflict. The states where it has been legalized, the citizens in those states and the businesses that engage in the marijuana industry operate in a nether world of uncertainty. Even with state sanctioned legality of cannabis there’s a cloud of potential issues created by the federal government, though no action has been taken nor is any action anticipated to occur. In keeping with the 71 percent who oppose any federal government effort to stop marijuana sales or its use in states that have legalized it, the federal government has ignored the issue and treated it with benign neglect. However, state approval and benign federal disregard have created a real financial conundrum for the states, businesses, operators and consumers of marijuana products. The problem lies within the banking system. Banks are governed by the Federal Reserve System and the FDIC and are subject and sensitive to federal laws.

Since marijuana hasn’t been legalized at the federal level, most banks are reluctant to have any business dealings with the marijuana industry. Subsequently, somewhere north of 70 percent of cannabis companies currently operate without access to a corporate bank account, forcing them and their patrons to operate as cash only businesses. This causes great risk and inconvenience to the businesses and customers and creates obstacles for the states to monitor, regulate and collect taxes.

SinglePoint, Inc. (OTC: SING) recently announced a solution for cannabis businesses to legally break this banking roadblock and accept credit card payments (http://nnw.fm/EY8zB). In partnership with First BitCoin Capital, SinglePoint is creating a game changing bitcoin payment solution for the marijuana industry. This could easily provide marijuana businesses the answers they need and significant recurring revenue for the providers of the service.

SinglePoint is a specialized holding company that, through accretive acquisitions and partnerships, is fast becoming a dominant player in the cannabis services market. SinglePoint is building strong relationships as well as uncommon companies in its quest to become the dominant force supplying products and services to the cannabis industry. There’s little doubt the marijuana market in the United States is poised for further explosive upside growth. SinglePoint understands its destination and has just taken another huge step toward dominating markets and reaping the attendant rewards.

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

Postby QualityStocks » Thu Jun 15, 2017 4:19 pm

NetworkNewsBreaks – SinglePoint’s (SING) Bitcoin Solution Could Make Marijuana Industry’s Banking Problems a Thing of the Past

Marijuana has now been legalized in some form in 29 states and in the District of Columbia, yet marijuana dispensaries and other cannabis-related businesses lack access to banking options, forcing them to conduct cash only transactions. SinglePoint, Inc. (OTC: SING) may at last have found the answer for these currently “unbankable” businesses by developing a bitcoin payment solution that would enable cannabis users to purchase marijuana products using debit or credit cards.

“The company’s SingleSeed subsidiary is already engaged in offering mobile marketing and payment solutions to businesses in the marijuana industry, including cashless ATM, Pay-by-Text™ and text message marketing. SinglePoint has also successfully completed technology integrations with companies like RedFynn, Twilio and IATS, as well as with major carriers like Verizon (NYSE: VZ), T-Mobile (NASDAQ: TMUS), AT&T (NYSE: T) and Sprint (NYSE: S), through which it offers text message marketing and text-based payment solutions. The company plans to utilize these integrations as it develops its bitcoin payments technology. This solution, once ready for implementation, could quickly spread to many stores, where the SinglePoint API could be easily downloaded into existing point-of-sale machines. Cannabis merchants could then begin performing bitcoin transactions via credit and debit card.”
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Re: Singlepoint, Inc. (SING)

Postby QualityStocks » Fri Jun 16, 2017 6:03 pm

SinglePoint and First Bitcoin Capital Partner Up In An Effort To Solve Payment Problems in the Cannabis Industry Through Bitcoin and blockchain alternative payment technology

SinglePoint, Inc. (OTC: SING), an acquisition-based company with a focus on emerging markets, today announced (http://nnw.fm/1C1dQ) its initiative to develop a bitcoin payments solution in partnership with First Bitcoin Capital Corp. (OTC: BITCF). The two companies signed a Joint Venture agreement to develop and distribute a viable payments solution using block chain technology. First Bitcoin Capital is an industry leading Bitcoin and blockchain technology provider and SinglePoint has a deep history in distribution. The two companies believe this partnership will enable each company to focus on their core strengths to build and supply the best Bitcoin solution available.

With the massive and widespread adoption of Bitcoin worldwide, the two companies will pursue opportunities to leverage their payment technology background and develop a proprietary solution specifically for high-risk payment verticals including the cannabis industry.

SinglePoints' representation at Mobile World Congress in Barcelona this year saw many solutions being utilized in other countries based on Bitcoin and other crypto currencies such as Ethereum. SinglePoint and First Bitcoin Capital believe they have found a way for the customer experience to go unchanged at the point of sale when paying with a credit or debit card at medical and recreational cannabis dispensaries.

Under this initiative, the companies will offer a best-in-class Bitcoin solution to fill the payments gap that currently exists.

As SinglePoint CEO Greg Lambrecht states, "In January 2014 SinglePoint announced and started working on a bitcoin payment solution, shortly after we recognized the issue of minimal user adoption of digital currency. The payments industry has rapidly changed since that time. There is now tremendous momentum and demand for bitcoin acceptance as an alternative form of payment. This Joint Venture with First Bitcoin Capital is perfect timing. Bitcoin payments are catching on and cannabis dispensaries need a solution fast."

SinglePoint has successfully completed technology integrations with companies such as Twilio, RedFynn, IATS, and all the major carriers ATT, T-Mobile, Sprint and Verizon. Which has enabled the company to provide its text message marketing and text based payment solutions. SinglePoint will now use its experience to work and integrate with First BitCoin Capital to provide an all-encompassing payment solution. First Bitcoin Capital and SinglePoint plan for this technology to be easily implemented into any Point of Sale machine through a simple download of the application.

Greg Rubin of First Bitcoin Capital stated, "We are optimistic that our partnership with SinglePoint will produce positive cash flow to our bottom line. Between the two of our companies, we will have the ability to develop a best in class solution and SinglePoint will be able to help in distribution. We look forward to providing cutting edge products and services to all states through the establishment of this new venture."

Projections by New Frontier put the cannabis industry at $24 billion by 2026. Cannabis is now legal in some form in 29 states and the District of Columbia. Increased need for payment options correlates with this industry growth, and bitcoin stands to be a promising solution. Based on prices from CoinMarketCap, bitcoin has provided annual returns of over 286%. As a testament, Japan recently recognized the currency as a legal payment method and projects that it will be accepted in 260,000 stores in the near future. Furthermore, bitcoin is an accepted form of payment for a number of large retailers, including Overstock.com.

As the cannabis industry continues to evolve, SinglePoint and First Bitcoin Capital are committed to initiatives to identify and develop solutions that enhance the success of the cannabis industry and participating businesses.
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Re: Singlepoint, Inc. (SING)

Postby QualityStocks » Tue Jun 20, 2017 4:06 pm

NetworkNewsBreaks – SinglePoint, Inc. (SING) Secures Funding to Drive Development of Bitcoin Payment Solution

Specialized holding company SinglePoint, Inc. (OTC: SING) this morning announced that it has successfully closed a $1 million company-friendly convertible promissory note with an institutional investor. Per the update, the company intends to use this funding to execute on its previously announced bitcoin payments solution, which it is developing in partnership with First BitCoin Capital (OTC: BITCF). “This is great timing for SinglePoint. We have many acquisitions deals in the pipeline, and access to this capital will exponentially increase the chances of getting these done,” Greg Lambrecht, CEO of SinglePoint, stated in the news release. “In addition, we have many technical developments that are ready launch. We will be able to develop our solutions and really start driving sales.” Leveraging bitcoin and blockchain technology, SinglePoint aims to bypass the federal banking issues that continue to plague legalized cannabis markets across the country, opening the door for electronic payment alternatives to businesses that are currently forced to operate on a “cash-only” basis. SinglePoint and First BitCoin Capital have planned four developments based on bitcoin, ethereum and the technology of blockchain. In line with these goals, SinglePoint recently acquired the rights and domain name of www.SingleCoin.com in a planned potential Initial Coin Offering (ICO) that would support transactions on the blockchain specifically for cannabis and other high risk industries.
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Re: Singlepoint, Inc. (SING)

Postby QualityStocks » Thu Jun 22, 2017 4:02 pm

Diverse Opportunities Aplenty for Investors Interested in the Marijuana Market

NetworkNewsWire Editorial Coverage: Within the exploding legalized marijuana industry, new innovations and investment opportunities are cropping up all the time; no matter what sector you have interest in, there is likely an investment option to be explored. Among enterprising companies looking for innovative ways to profit within the blossoming marijuana market, SinglePoint, Inc. (SING) (SING Profile), First Bitcoin Capital Corp. (BITCF), Kush Bottles, Inc. (KSHB), Medical Marijuana, Inc. (MJNA) and Solis Tek, Inc. (SLTK) offer diverse opportunities for savvy investors interested in a marijuana-related play.

The growth of the legal marijuana market has been bigger and faster than the growth of the dot-com industry in its heyday, experts say. In North America, cannabis sales grew by 30 percent in 2016, reaching $6.7 billion; marijuana sales in North America, including Canada, have been projected to surpass $20.2 billion by the year 2021, assuming a CAGR of 25 percent1. The rapid growth within this developing market is constantly creating new opportunities as laws change, new cannabis enterprises open up, and service needs emerge for those businesses. There are plenty of prime investment opportunities—both in companies that handle the marijuana plant and in companies that don’t.

One increasingly recognizable marijuana play is SinglePoint (SING) which plays a role in a variety of sectors, including payments, technology, hydroponics and gardening, and more. Among its present endeavors, SinglePoint recently announced (http://nnw.fm/7XlMo) an initiative to develop a bitcoin payment solution for cannabis businesses, which due to federal restrictions and bank reluctance, are currently “unbankable” and must deal in cash only. SinglePoint has partnered with First Bitcoin Capital Corp. (BITCF) to create a proprietary bitcoin payment solution that can be easily implemented in any point-of-sale machine via a simple download, enabling marijuana users to purchase cannabis products using credit and debit cards independent of banks and the FDIC.

SinglePoint has also made various acquisitions as part of its efforts to take a diversified approach (http://nnw.fm/zD4qP) to the marijuana industry without touching the plant. The company’s portfolio includes a majority stake in Discount Indoor Garden Supply, an acquisition completed in May, which immediately positioned SinglePoint to become a leader in online products, retail stores, cannabis consulting and equipment in California. Additionally, SinglePoint earlier this year invested in Convectium, a company that provides equipment, branding and packaging solutions to the cannabis industry and developed the first cartridge and vape pen oil-filling machines for wholesale distribution to marijuana dispensaries. The 710Shark and 710Seal machines can fill and package over 100 cartridges or disposable vape pens in just 30 seconds and are currently sold through the EquipCanna.com website. Convectium additionally operates a consumer brand that includes BlackoutX and HazeSticks products.

SinglePoint further operates the www.SingleSeed.com subsidiary, which is focused on the online sale of cannabis products to dispensaries and has become a leading resource for dispensaries that are seeking merchant payment processing solutions and other business tools. Through SingleSeed payments, SinglePoint offers payment solutions for cannabis businesses that include mobile marketing and payment solutions like cashless ATM, Pay-by-Text™ and text message marketing.

SinglePoint partner First Bitcoin Capital (BITCF) is also focused on payment solutions. As the first publicly traded cryptocurrency and block-chain-centered company, it is focused on developing digital currencies, proprietary block-chain technologies, and the digital currency exchange www.CoinQX.com. Among its payment solutions, First Bitcoin Capital offers automated check-cashing kiosks to medical marijuana dispensaries in California, charging competitive check-cashing fees. This check-cashing ATM service rounds out the company’s suite of financial offerings to the medical marijuana industry, which include merchant processing and point-of-sale solutions.

Initially focused on packaging solutions at its inception in 2010, California-based Kush Bottles (KSHB) has since expanded its product line. Kush Bottles’ products now range from custom packaging and labeling items to point-of-sale products like grinders, lighters, papers and glass pieces. The company also recently obtained a U.S. patent for a unique customizable mechanism for its top-selling child-resistant packaging, enabling 3D branded icons to now be attached to the container lids. Kush Bottles caters to thousands of cannabis dispensaries, retail shops, growers and consumers and is a leading packaging supply and services company exclusively serving the needs of the marijuana industry.

In the healthcare sector, Medical Marijuana (MJNA) stands out as the first company to make hemp cannabidiol (CBD) products available in the United States and around the world, taking the bold step of finding a legal means of providing these products in the U.S. without waiting for federal law changes. The company has done this by providing high-quality cannabis-derived products that feature non-psychoactive cannabinoids such as cannabidiol (CBD), which boasts various potential health applications without reliance on tetrahydrocannabinol (THC). MJNA has gone outside of the U.S. to grow low-THC cannabis varieties (hemp) and has crafted CBD hemp oil from carefully cultivated hemp plants, successfully imported it into the U.S. CBD hemp oil is non-psychoactive, 100 percent legal in the U.S., and contains a full array of phytocannabinoids. The company’s products, distributed through HempMeds and Kannaway, include pure CBD hemp oil, Kannaway Essential Oils, tinctures, sprays, capsules, vaporizers, bath and body products, and chewing gum. In addition to selling legal CBD hemp oil products in the U.S., MJNA has also been able to offer the very first legal marijuana products in Mexico and Brazil and has additionally expanded its Kannaway brand into the European marketplace.

Marijuana also finds its place in technology. Vertically integrated technology innovator Solis Tek (SLTK) is also taking a fresh approach within the cannabis industry, offering products and solutions to commercial cannabis growers within legal markets throughout the country. Solis Tek has become a leading provider of digital lighting equipment for hydroponic cannabis cultivation, offering digital lighting solutions that help increase yield, cut costs and improve crop growth. Solis Tek also recently announced the launch of its Nutrient Line, which employs natural ingredients to help growers increase yield, lower costs and grow healthier plants. The first product in this line, Terpenez, is an organically derived, commercial-grade essential oil intensifier designed to naturally increase the terpene profile of the cannabis plant and thereby enhance the plant’s inherent characteristics.

There are many ripe investment opportunities within the legalized marijuana industry, which increasingly gains ground in some of the most favored sectors. This fast-growing market has nowhere to go but up, and savvy investors would be wise to take a look at the playing field and discover the diverse opportunities of the cannabis boom.
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Re: Singlepoint, Inc. (SING)

Postby QualityStocks » Mon Jun 26, 2017 4:07 pm

SinglePoint’s (SING) $1M Promissory Note Furthers Efforts to Offer Bitcoin Payment Solution for Cannabis Businesses

Furthering its efforts to innovate solutions for the cannabis industry, SinglePoint, Inc. (OTC: SING) has taken a step forward in its endeavor to offer a bitcoin payments solution for cannabis businesses through its partnership with First Bitcoin Capital Corp. (OTC: BITCF). SinglePoint recently announced (http://nnw.fm/dS8l3) it has successfully closed a $1 million convertible promissory note with an institutional investor — the proceeds from which will be used to fund the company’s bitcoin payments endeavor and will enable SinglePoint to move quickly in developing a cryptocurrency solution and continuing its acquisitions activities in the cannabis space.

A lack of banking options for legalized marijuana businesses in the United States currently poses a significant obstacle for these cannabis enterprises, forcing them to conduct cash transactions because they do not have the cooperation of banks or the FDIC to accept credit and debit cards. Seeing bitcoin technology as a potential solution for this problem, SinglePoint recently partnered with First Bitcoin Capital to develop a proprietary bitcoin payment solution that can be implemented in any point-of-sale machine through an easy download and will allow customers to purchase cannabis products using debit and credit cards without the backing of banks or the FDIC.

Bitcoin is a digital currency that enables the transfer of funds in a way that is unregulated by governments and is conducted independent of banks. It is growing in popularity and even recently became an official payment method in Japan. As a potential solution for currently “unbankable” cannabis business, SinglePoint’s bitcoin solution is an exciting prospect.

Four developments have been planned by SinglePoint and First Bitcoin Capital based on bitcoin, ethereum and blockchain technology, and SinglePoint recently acquired the rights and domain name for www.SingleCoin.com as part of a planned potential initial coin offering (ICO), which would specifically support transactions for the marijuana industry and other high-risk industries.

In addition to its bitcoin payment solution development activities, SinglePoint has also created and is releasing a Web development and online marketing solution for cannabis dispensaries and plans to use some of the recent funding to launch a proprietary marketing system to attract new customers to SingleSeed.com, which has become a prime resource for dispensaries seeking merchant payment processing solutions and other business tools. SinglePoint offers payment solutions to cannabis businesses through SingleSeed payments, including mobile marketing and payment solutions such as Pay-by-Text™, cashless ATM and text message marketing.

Having made various acquisitions in its efforts to take a diversified approach in the cannabis industry without actually touching the plant, SinglePoint’s portfolio includes a majority stake in Discount Indoor Garden Supply, which immediately positioned the company to become a leader in online products, retail stores, cannabis consulting and equipment in California. The company additionally started funding Convectium in 2017. Convectium is a provider of 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 further operates a consumer brand that includes BlackoutX and HazeSticks products.

To listen to audio releases relating to the news, go to the following:

Audio version of release: http://nnw.fm/Q21ys

Follow-up discussion: http://nnw.fm/ra6eI

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