SingleSeed a SinglePoint Company Continues Growth and Adds Additional CBD Products to the Lineup
PHOENIX, Oct. 18, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- SinglePoint Inc. (OTC:SING) announces the addition of three new products to SingleSeed.com. SingleSeed provides hemp-based CBD products to customers nationwide. With an easy ordering system and quick fulfillment SingleSeed is blossoming into a well-known distributor of many hemp-based CBD products.
The new products will include a CBD muscle salve with an easy applicator, a CBD hair and beard oil, as well as a new sleep aid tincture. These new products will be available for sale on SingleSeed.com next week. These products will be directly fulfilled by DIGS, another SinglePoint subsidiary that is able to source and supply bulk CBD from raw to isolate as well as supply and fulfill white labeled products. Recently DIGS has received many requests for bulk CBD as the industry is currently booming.
SingleSeed will continue to aggressively expand its distribution services and add additional products. Most recently Lalpina Water became available on SingleSeed and has already received orders for over 200 bottles of the nano technology CBD water. Lalpina is manufactured and produced by American Premium Water Corporation (OTC:HIPH). The two companies plan to collaborate on additional offerings in the near future.
SingleSeed is now negotiating two additional distribution contracts which are planned to be completed in the coming weeks. These two contracts will provide SingleSeed access to additional category leading products manufactured in the U.S. in the effort to drive additional exposure and revenue for SingleSeed and its partners.
Lastly, SinglePoint has been exploring the potential to dual list on a Canadian exchange. The company has opportunities to enter the Canadian market and is currently researching the viability and scope of these options. Yesterday marked a major day in history with Canada becoming the first industrialized nation to legalize recreational use of cannabis after nearly a century long ban.
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 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.
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Released October 18, 2018