Former House Speaker Boehner Changes Cannabis Stance, LastMile Delivery Application Gets Appstore Approval, SingleSeed CBD Ships Orders
SEATTLE, April 12, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE--SinglePoint, Inc. (OTCQB:SING) is pleased to announce the company’s delivery application has been approved for beta in Apple and Google application stores. The application has been jointly developed in collaboration with AppSwarm (OTC:SWRM). The two companies plan to have multiple different interested parties test the application in the coming weeks and provide feedback, followed by a full production version launch of LastMile. The application aims to meet compliance of state delivery laws as they are rolled out to ensure delivery businesses are able to easily stay in compliance.
“We are very excited for the launch of LastMile. There have already been multiple cannabis businesses expressing interest in the platform. There is a real opportunity to provide the industry’s first, true delivery platform that will give these businesses the insight and ability to easily track a delivery order through the completion of payment and drop off to a customer, all while knowing exactly where their driver and product is,” states Wil Ralston President of SinglePoint.
Strengthening the company’s outlook on providing cannabis services is the fact former Republican House Speaker John Boehner joined the advisory board of a U.S. based cannabis company. Vahan Ajamian, analyst at Beacon Securities Ltd, recently stated in a note, “should send shockwaves throughout the industry and act as a positive catalyst for the sector as a whole,” and went on to say U.S. cannabis businesses “represent the next wave of outsized returns for investors...” according to a recent Bloomberg article.
In addition to serving cannabis businesses the companies believe there is a lot of opportunity in the market to provide LastMile to small businesses of any sort. The application specifically focuses on the delivery operations of a business, providing efficiencies in dispatching, record keeping, customer satisfaction and more. LastMile has been developed with that in mind and plans to roll out to many industries in order to gain market penetration.
Lastly, SinglePoint subsidiary SingleSeed launched their new cbd focused ecommerce site SingleSeed.com. SingleSeed has already been receiving orders organically and plans to ramp up marketing in the coming weeks. The first of many campaigns is going through a Seattle based publication The Stranger, which has an online and print publication. Please follow the link to see a version of the company’s ad: SingleSeed Stranger Ad
Parties interested in becoming partners for the LastMile Delivery beta are encouraged to reach out to firstname.lastname@example.org to learn more.
In order to be selected as a beta partner you should meet the following criteria.
- Dedicated delivery manager
- Fulfill multiple deliveries daily
- Multiple drivers preferred; not required
- Use of iPhone or Android Device
- Willing to timely provide feedback
About SinglePoint, Inc.
SinglePoint, Inc (SING) is a technology and investment company with a focus on acquiring companies that will benefit from the injection of growth capital and technology integration. The company portfolio includes mobile payments, ancillary cannabis services and blockchain solutions. Through acquisitions into horizontal markets, SinglePoint is building its portfolio by acquiring an interest in undervalued companies, thereby providing a rich, diversified holding base. Through its subsidiary company SingleSeed, the company is providing products and services to the cannabis industry.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the Company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
Technical complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above. The Company undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.
Released April 12, 2018