Supplier
for Hardware Solutions to Cannabis Industry; SinglePoint Inc. (OTC: SING) Added
to 420 Cannabis Investor Ideas Directory
April 17, 2017 (Investorideas.com
Newswire) www.Investorideas.com, a global news source covering leading sectors
including marijuana and hemp stocks, and its affiliated directory www.420cannabisinvestorideas.com announce the most recent addition to the 420 Cannabis
Investor Ideas of 2017; SinglePoint Inc. (OTC:SING), an acquisition based company focused in the cannabis
space. Most recently SinglePoint acquired a stake in Convectium, a profitable
company supplying hardware solutions to the cannabis industry.
The 420 Cannabis Investor Ideas of
2017 will feature a maximum of 420 companies to be showcased for a year.
Investorideas.com will create a free downloadable PDF of the full directory for
investors to use as a reference and due diligence tool.
SinglePoint’s (OTC: SING) flagship
product is a best-in-class mobile commerce and communications platform that enables dispensaries to market to
consumers through SMS messaging and accept electronic payments. By building a
network of dispensaries leveraging its SMS marketing technology, the company is
positioning itself to take advantage of a vast opportunity in the payments
space when federal guidelines surrounding cannabis banking are finalized. The
company is focused on providing business solutions to the enterprises rather
than cultivation and consumers. In a market that is so heavily regulated by the
government SinglePoint’s hands-off approach offers investors an opportunity to
diversify their portfolio.
SinglePoint (OTC: SING) recently
revamped their corporate website, aimed at providing investors easier access
and transparency to the company’s initiatives. While this site will be
corporate focused, SinglePoint will continue to offer solutions to the cannabis
industry through its subsidiary SingleSeed.com.
New Frontier Data (also featured
on the 420 Cannabis Investor Ideas Directory),
the authority in business intelligence for the cannabis industry, forecasts the
legal cannabis market to grow to $24.1 billion by 2025 with a compound annual
growth rate (CAGR) of 16%.
Their Cannabis Industry Annual Report
“2017 Legal Marijuana Outlook”, also found that if all the states which are
currently legal continue their projected growth, they could generate $2.3
billion in state tax revenue from retail sales by 2020 and the U.S. Cannabis
Market will Create 283,422 Jobs by 2020.
With all this money at stake its
growth opportunity has been compared to the beginnings of the internet. But
with all the opportunity comes the risk as well. The directory is meant to be one
of several tools investors can use as a go-to resource to navigate the sector.
About Investorideas.com - News that Inspires
Big Ideas
Investorideas.com is
a meeting place for global investors, featuring news, stock directories, video,
podcasts, company profiles, interviews and more in leading sectors.
Investorideas.com
cannabis/marijuana and hemp content now includes http://cannabisstocknews.blogspot.com on Blogger.com: the
Investorideas.com news and stock directory pages, a cannabis investor group on
Linkedin.com , the 420 Cannabis Investor ideas www.420cannabisinvestorideas.com, and the new AI site Global Cannabis Investing at www.Globalcannabisinvesting.com
Disclaimer: This directory
is not a recommendation to buy or sell securities or products or services
Investorideas.com charges a fee for placement. The directory is not an
endorsement or recommendation but meant to be an investor resource/ due
diligence tool.
Disclaimer/Disclosure: Investorideas.com is
a digital publisher of third party sourced news, articles and equity research
as well as creates original content, including video, interviews and articles.
Original content created by investorideas is protected by copyright laws other
than syndication rights. Our site does not make recommendations for purchases
or sale of stocks, services or products. Nothing on our sites should be
construed as an offer or solicitation to buy or sell products or securities.
All investment involves risk and possible loss of investment. This site is
currently compensated for news publication and distribution, social media and
marketing, content creation and more. Contact each company directly regarding
content and press release questions. Disclosure is posted for each compensated
news release, content published /created if required but otherwise the news was
not compensated for and was published for the sole interest of our readers and
followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp. Disclosure:
Companies Featured on the 420 Cannabis Investor Ideas have paid a one-time fee of
Up to $1000 to be featured on the directory
Additional info
regarding BC Residents and global Investors: Effective September 15 2008 - all
BC investors should review all OTC and Pink sheet listed companies for
adherence in new disclosure filings and filing appropriate documents with
Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations
of each country.
Contact Investorideas.com
800-665-0411
No comments:
Post a Comment