Technology and investment company SinglePoint (OTCQB: SING) this morning provided insight into the company’s direction, intended acquisition plans and previous successful acquisitions it has completed to date. According to the update, the company has achieved major success in its industrial hemp CBD related initiatives, with its subsidiary SingleSeed.com receiving a steady increased volume of orders expected to be a key factor in driving increased revenue in 2019. The company is optimizing its site with different landing pages and utilizing tools such a heat maps and A/B testing to target enhanced visitor experience and increased conversion of site visits. SingleSeed continues to launch new products with intentions to add CBD for pets in the near future. In addition to success of its SingleSeed subsidiary, SING has invested in TorusMed, a company working to develop CBD using photobioreactors, with the ultimate goal of cultivating pharmaceutical grade CBD in lab settings to ensure consistency.
Additionally, SING continues to review potential new acquisitions and investments, while completing active discussions regarding potential opportunities to drive revenue and solidify its position in the industrial hemp CBD market. These opportunities include industrial hemp production, product manufacturing, distribution, and targeted sales expansions to convenience stores, vape shops, liquor stores, and more. In addition to its strategic plans and potential growth in the CBD market, the company continues to build upon existing initiatives and expand growth and opportunities through previous successful acquisitions, such as ShieldSaver and DIGS.
To view the full press release, visit http://cnw.fm/4wl9V
About SinglePoint, Inc.
SinglePoint, Inc. 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. For more information, visit the company’s website at www.SinglePoint.com
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