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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