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CannabisNewsBreaks – SinglePoint, Inc.’s (SING) Unique Strategy Aims to Remove Risk While Expanding Portfolio

Company: SinglePoint, Inc. (SING)
Category: Stock Spotlights

SinglePoint (OTC: SING) continues to pursue strategic opportunities to widen its foothold in the cannabis industry while hedging itself against potential risks regarding the legality of marijuana. “Focused on innovation, SinglePoint is expanding its portfolio in the cannabis markets with the strategic acquisition of companies that profit from the cannabis industry but don’t touch the plant itself. There’s little doubt that the marijuana market in the United States will continue to flourish and is poised for explosive upside growth. SinglePoint’s strategy positions the company to maximize profit from the marijuana markets yet virtually eliminate any downside risk exposure. The company’s recent acquisition of a stake in Convectium, an innovative company with a proprietary machine that fills and packages vape cartridges and disposable vape pens at a rate of 100 per 30 seconds, is yet another step in SinglePoint’s expansion of its cannabis-related holdings strategy.”

To view the full article, visit http://nnw.fm/oKzZ2

About SinglePoint, Inc.

SinglePoint, Inc. is a full-service mobile technology and marketing provider. The company provides solutions that allow its clients to conduct business transactions, accept donations, and engage in targeted communication through mobile devices. SinglePoint’s products connect small to mid-size companies to their target markets by providing innovative mobile technology at reasonable rates. Additionally, the company recognized the strength in acquiring interest in undervalued subsidiaries in other markets to create a diversified holding base. For more information visit www.SinglePoint.com.

About NetworkNewsBreak

NetworkNewsBreak (NNB) provides a rapid summary of corporate news that caught the attention of CannabisNewsWire (CNW). NNB keeps you up-to-date on active US Public Companies complementary to CNW’s broader scope as a provider of news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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