Singlepoint Inc (SING)

[Johndough*]

(Sing)
NEW YORK, August 17, 2017 /PRNewswire/ --

According to a report by Arcview Market Research, sales of legal cannabis products are projected to top $20.2 billion by 2021 in North American alone at a compound annual growth rate of 25%. The report mentions Canada as it moves towards implementing legislation to legalize cannabis for recreational use. Arcview's editor-in-chief, Tom Adams stated according to Forbes, "The only consumer industry categories I've seen reach $5 billion in annual spending and then post anything like 25% compound annual growth in the next five years are cable television (19%) in the 1990's and the broadband Internet (29%) in the 2000's." Global Payout, Inc. (OTC: GOHE), SinglePoint, Inc. (OTC: SING), CV Sciences, Inc. (OTC: CVSI), Medical Marijuana, Inc. (OTC: MJNA), Greengro Technologies Inc. (OTC: GRNH).

SinglePoint, Inc. (OTC: SING) is a full-service mobile technology provider. 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. On June 27th, the company announced that its recently acquired DIGS Hydro subsidiary has received a major purchase order from Premier Biomedical. William Hartman CEO and Co-founder for Premier Biomedical stated, "This significantly increases the company's initiatives and enables us to grow the revenue of the offerings we have. We look forward to working with DIGS Hydro and SinglePoint to continue building our relationship together."











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