SinglePoint Launches Cannabis Payment Solution and Provides Shareholder Update
SINGLEPOINT INC (SING)
NASDAQ:AMEX Investor Relations:
ir.singlepoint.com
Company Research
Source: GlobeNewswire
SEATTLE, March 07, 2018 (GLOBE NEWSWIRE) -- via NetworkWire - SinglePoint Inc. (OTCQB:SING) is pleased to announce the soft launch of its SingleSeed payment bitcoin payments solution. Additionally, SinglePoint management provides details and insight to the company’s activity in new ventures and pursuit of acquisitions in two major emerging markets: cannabis and blockchain. This corporate update includes an overview of each previously announced project and potential acquisition, as well as the progress on its 2017 audit and current revenue run rate for 2018. SingleSeed PaymentsIn 2014 SinglePoint announced its intent to develop a bitcoin-based payments solution. Though management had strong foresight into the potential of bitcoin, at the time there was not enough consumer adoption to make the service viable. Now, however, consumer awareness of bitcoin is unprecedented, and companies have learned how to accept it as a payments medium. SinglePoint recently launched its beta program,
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