Leafly and SinglePoint subsidiary SingleSeed Payments sign advertising deal launching the first cannabis payment solutions ad campaign on Leafly.com
(Seattle,WA – August 12th 2014) -SinglePoint, Inc. (OTC: SING), astate-of-the-art mobile technology and full-service payments company announcesSinglePoint’s subsidiary company SingleSeed Payments has finalized an agreementto advertise their cashless payment solutions to recreational and medicinalcannabis dispensaries as well as delivery services on Leafly.com the world’s largest cannabisinformation resource.
The ads are targeted to dispensary owners whenthey login to their Leafly portal. SingleSeed Payments is the first and onlypayment technology company advertising on Leafly’s dispensary portal to date.
SingleSeed Payments, a subsidiary ofSinglePoint, provides cashless payment solutions to the legal cannabisindustry. Greg Lambrecht, SinglePoint CEO, says of the agreement, “I feel thisagreement with Leafly will dramatically increase our revenue and ideally becomethe payments leader within the industry. SinglePoint looks forward to workingwith Leafly in order to provide payment solutions across the country to thecannabis industry.” SingleSeed Payments ads on Leafly started August 1, 2014and have already produced a substantial amount of unique visits to the recentlylaunched SingleSeed.com, which has alreadyresulted in new client acquisitions.
About SinglePoint, Inc.
Headquartered in Seattle, WA. SinglePoint,Inc. is a state-of-the-art mobile technology company and full-service paymentsolutions provider. SinglePoint’s platform enables its clients to acceptpayment transactions through any mobile device. For more information, pleasevisithttp://www.singlepoint.com. You can also”Like” us on Facebook and follow us on Twitter.
Certain statements in this news release maycontain forward-looking information within the meaning of Rule 175 under theSecurities 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, withoutlimitation, statements regarding potential future plans and objectives of theCompany, are forward-looking statements that involve risks and uncertainties.There can be no assurance that such statements will prove to be accurate andactual results and future events could differ materially from those anticipatedin such statements. Technical complications, which may arise, could prevent theprompt implementation of any strategically significant plan(s) outlined above.The Company undertakes no duty to revise or update any forward-lookingstatements to reflect events or circumstances after the date of this release.