SinglePoint (OTCQB: SING) was featured in an
Investorideas.com special snapshot reporting on the continued growth in sales
and product offerings in the U.S. hemp industry and how this traction is
beginning to attract outside investment (http://ibn.fm/zxIHu). The article reads, “Earlier this
month, SinglePoint Inc. (OTCQB: SING) started their Q2 with strong numbers
achieving over $1,000,000 in sales throughout Q1 a 309% increase and a focus on
continued growth. After evaluating reports for Q2, SinglePoint’s Hemp vertical
has been on track to double sales in its second quarter alongside the launch of
1606 Hemp six-pack counter top display. 1606 Hemp has seen a sales growth rate
of 133% this quarter over the previous, a 233% growth in sales up to this point
of the month compared to the previous month at the same point. The company has
placed a focus on self-generated in-store placement by hiring professional
sales representatives to acquire new stores for the sales of its products over
the next four weeks. 1606’s goal is to grow by more than 250 retail accounts
throughout multiple states, which the company surpassed in the first couple
weeks by placing product in over 400 stores throughout 20 states.”
To view the full press release, visit http://ibn.fm/1JwM8
About SinglePoint, Inc.
Founded in 2011, SinglePoint, Inc. invests in and acquires
brands and companies that will benefit from injection of growth capital and its
sales and marketing expertise. The company’s portfolio currently includes
solar, hemp and technology applications. SinglePoint is working to grow the
company to a multi-national 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://ibn.fm/SING
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