Diversified holding company SinglePoint’s (OTCQB: SING) 1606 Original Hemp Cigarette brand has been amassing substantial sales online. An article further discussing the company’s hemp brand reads, “On the hemp front, SinglePoint’s 1606 Original Hemp line features a filtered, pre-rolled, 100% tobacco- and nicotine-free hemp cigarette. Of note is that the smokable hemp market currently represents about 2% of the overall CBD market — with 250% growth from 2017 to 2018. New Frontier Data estimates that the U.S. legal cannabis market will grow to $30 billion by 2025 (http://cnw.fm/Dyg8E). Based on those numbers, SinglePoint is at the vanguard of this trend as the company positions itself to supply quality hemp products to a demanding consumer marketplace desiring innovative hemp products. . . . SinglePoint continues to focus on being a diverse enterprise with an extensive footprint. For investors, the company’s solar and hemp programs offer the potential for major ROI in two thriving industries. SING is delivering on its strategy of acquiring and working with key company management to build successful candidate companies.”
To view the full article, visit http://cnw.fm/ldO5A
About SinglePoint Inc.
Founded in 2011, SinglePoint invests in and acquires brands and companies that will benefit from injection of growth capital and the sales and marketing expertise of SinglePoint. The company portfolio currently includes solar, hemp and technology applications. SinglePoint is working to grow the company to a multinational brand. For more information, visit the company’s website at www.SinglePoint.com.
NOTE TO INVESTORS: The latest news and updates relating to SING are available in the company’s newsroom at http://cnw.fm/SING
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