#Cannabis
Stock News: SinglePoint (OTC: $SING) Positioned to Secure Beachhead in
California with Majority Stake in Cannabis Consulting, Equipment Company
SEATTLE,
WA - May 17, 2017 (Investorideas.com Newswire) SinglePoint, Inc. (OTC:SING), a holding
company specialized in the acquisition of small to mid-sized companies with an
emphasis on new technologies, today announces that it has signed an Letter of
Intent ("LOI") with Discount Indoor Garden Supply ("DIGS").
According to the LOI, SinglePoint will acquire 90 percent of DIGS in a stock
and cash transaction. The acquisition will bring immediate revenues to
SinglePoint and positions the Company as a leader in online products, retail stores, cannabis consulting, and
equipment in California, home to thousands of cannabis-related businesses and
potential customers.
About SinglePoint, Inc.
SinglePoint,
Inc. (SING) hhas grown from a full-service mobile technology provider to a
publicly traded holding company. Through diversification into horizontal
markets, 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.
Connect
on social media at: www.facebook.com/SinglePointMobile, www.twitter.com/_SinglePoint_, www.linkedin.com/company/SinglePoint and www.youtube.com/user/SinglePointMobile
Link
the company website to the tracking url
Forward-Looking
Statements
Certain
statements in this news release may contain forward-looking information within
the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under
the Securities Exchange Act of 1934, and are subject to the safe harbor created
by those rules. All statements, other than statements of fact, included in this
release, including, without limitation, statements regarding potential future
plans and objectives of the Company, are forward-looking statements that
involve risks and uncertainties. There can be no assurance that such statements
will prove to be accurate and actual results and future events could differ
materially from those anticipated in such statements.
Technical
complications, which may arise, could prevent the prompt implementation of any
strategically significant plan(s) outlined above. The Company undertakes no
duty to revise or update any forward-looking statements to reflect events or
circumstances after the date of this release.
Disclosure: SinglePoint, Inc. (OTC: $SING) is featured on the
420 Cannabis Investor Ideas of 2017 at www.420cannabisinvestorideas.com
Marijuana / Hemp Stocks
Like Marijuana Stocks? View our Marijuana / Hemp Stocks Directory
Join our Group on Linkedin - Marijuana / Hemp Stocks - News and Trends in Green
Investing
Global Cannabis Investing - features Investor Ideas
Cannabis news
Get News Alerts on Marijuana Stocks
Watch the 420 Cannabis Investor video
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 and is also a
featured cannabis company for news and PR, social media for one month
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.
