Technology and investment company SinglePoint (OTCQB: SING) this morning announced its investment in TorusMed Inc. to develop cannabidiol (“CBD”) cell cultures from industrial hemp. According to the update, the ultimate goal of the project is the development of pharmaceutical grade CBD that is cultivated in lab settings, potentially changing the way industrial hemp and CBD … Continue reading “NetworkNewsBreaks – SinglePoint, Inc. (SING) Invests in TorusMed Inc. for Lab-Based Development of CBD Cell Cultures”
Hemp-based CBD products are sold through SinglePoint’s e-commerce subsidiary, SingleSeed.com 2018 Farm Bill signed into U.S. law, removing hemp from list of controlled substances $1 billion hemp-derived CBD industry projected to reach $22 billion by 2022 SinglePoint expects to top $1 million in 2018 sales and build to $3 million in 2019 SinglePoint, Inc. (OTCQB: … Continue reading “SinglePoint, Inc. (SING) Releases Upbeat Video Outlook for 2019 Following US Legalization of Hemp”
Technology and investment company SinglePoint (OTCQB: SING) this morning announced its plans to explore opportunities to produce industrial hemp through joint ventures with leading growers, as well as a potential investment in a development program for cannabidiol (“CBD”) extraction from hemp with passage of the 2108 Farm Bill. New legislation removes the schedule one substance … Continue reading “NetworkNewsBreaks – SinglePoint, Inc. (SING) Positioned for Opportunity with Federal Legalization of Hemp”
SinglePoint anticipates significant growth for online CBD product distribution subsidiary SingleSeed in 2019 The growth will be fueled by legislative changes and the growth of SingleSeed’s organic reach in 2018 Following approval of the federal Farm Bill that legalizes the commercial production of hemp, the CBD market is expected to reach volume of $20 billion … Continue reading “SinglePoint, Inc. (SING) to Continue Increasing Hemp Product Reach in 2019 as Legislative Changes Provide Momentum”
Technology and investment company SinglePoint (OTCQB: SING) this morning announced its publication of a video (http://nnw.fm/KvZ3q) that discusses the 2018 Farm Bill. According to the update, SING management believes that the reclassification of hemp may be a big driver for its SingleSeed subsidiary, which provides a variety of hemp-based CBD products, from tinctures to waters, … Continue reading “NetworkNewsBreaks – SinglePoint, Inc. (SING) Provides Video Discussing 2018 Farm Bill and Its Opportunity-Driving Potential for SingleSeed Subsidiary”
Technology and investment company SinglePoint (OTCQB: SING) was featured on this week’s episode of MoneyTV with Donald Baillargeon. The program is internationally-syndicated and reviews money-focused topics, featuring in-depth interviews with CEOs and executives from various companies offering insights into their operations and future outlooks. SinglePoint CEO Greg Lambrecht appeared on this week’s program to discuss … Continue reading “NetworkNewsBreaks – SinglePoint, Inc. (SING) CEO Reacts to Senate Passage of Hemp Bill on MoneyTV with Donald Baillargeon”
Technology and investment company SinglePoint (OTCQB: SING) announced this morning that it looks ahead to provide insight on how the company plans to carry its 2018 momentum forward into 2019. Upon recent signing of the Farm Bill by the Senate and House, SinglePoint will continue to build its presence in the hemp product space, and … Continue reading “NetworkNewsBreaks – SinglePoint, Inc. (SING) Looks to Build Continued Presence in Hemp Product Space, Triple to $3M in 2019”
Diversified strategy capitalizing on emerging growth opportunities in mobile payments, cannabis and blockchain markets 2018 revenue are expected to top $1 million, while 2019 revenues are expected to triple with additional acquisitions and continued portfolio growth Subsidiary SingleSeed.com added multiple CBD product listings in 2018, organically increasing reach Industrial hemp included in massive 2018 Farm … Continue reading “SinglePoint, Inc. (SING) Sees Significant Growth, Triples Revenue Forecast for 2019”
Anticipated SinglePoint revenue for 2018 will reach $1 million, a record-breaking amount for the company Plans for 2019 will focus predominantly on acquisitions and portfolio expansion SingleSeed.com hemp CBD distribution line continues growth and adds additional products to portfolio SinglePoint, Inc. (OTCQB: SING) recently announced that it is expecting record revenue exceeding $1 million by … Continue reading “SinglePoint, Inc. (SING) Expects Record Revenue in 2018, Announces New Strategic Developments”
Technology and investment company SinglePoint (OTCQB: SING) was featured on this week’s episode of MoneyTV with Donald Baillargeon. The internationally-syndicated program reviews money-focused topics and features in-depth interviews with CEOs and executives from various companies offering insights into their operations and future outlooks. SinglePoint CEO Greg Lambrecht was featured on this week’s program to discuss … Continue reading “NetworkNewsBreaks – SinglePoint, Inc. (SING) CEO Reviews 2018 Revenues and Acquisition Successes on MoneyTV with Donald Baillargeon”