Specialized holding company SinglePoint, Inc. (OTCQB: SING) was a featured company on this week’s episode of MoneyTV with Donald Baillargeon. MoneyTV is an internationally syndicated television program discussing “money and what makes it happen.” In this week’s episode, SinglePoint CEO Greg Lambrecht discussed the company’s recent move to acquire a $1 million stake in California cannabis cultivation firm MTH Development Group. The move is the first of its kind for SinglePoint because MTH runs 4.7 acres of land zoned for cannabis cultivation. The acquisition also strengthens the company’s footprint in the booming Californian cannabis market. Additionally, SinglePoint is exploring the possibility to complete similar investments in other states.
To view the full interview, visit http://cnw.fm/31TnR
To view the full press release, visit http://cnw.fm/KDZz3
About SinglePoint, Inc.
SinglePoint, Inc. (SING) has grown from a full-service mobile technology provider to a publicly traded holding company. Through diversification into horizontal markets, SinglePoint is building its portfolio by acquiring an interest in undervalued subsidiaries, thereby providing a rich, diversified holding base. Through its subsidiary company SingleSeed, the company is providing products and services to the cannabis industry. For more information, visit www.SinglePoint.com.
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