Author: singlepoint2

PHOENIX, Oct. 13, 2020 – Direct Solar of America, LLC (“Direct Solar”), a majority owned subsidiary of SinglePoint Inc. (OTC: SING), today announced that it has finalized an agreement with the principals of Standard Eco, a developer and installer of grid-tied solar electric systems in Texas, Illinois, and Arizona, to create multiple licensed entity in order to leverage the recent rapid expansion of Direct Solar of America’s national solar footprint to 38 states, an increase of 30+ states since May 2019 acquisition by SinglePoint Inc.

As previously announced via an LOI in July 2020, Direct Solar of America and SinglePoint Inc. begun due diligence related to the previously announced LOI. The parties reached a final agreement based upon the outcomes and completion of that phase. The original transaction was expected to close no later than December 2020 and was based primarily on Standard Eco’s ability to continue to deliver revenue and profitability results in 2021, 2022, and 2023 comparable with the previously reported unaudited revenues of $12,331,703 in 2018 and $11,345,061 in 2019. 

This strategic transaction, the first in what is designed to be a series of multiple transactions, is comprised of cash (facilitated through Direct Solar of America) and incentive-based stock compensation to be issued upon reaching definitive operational milestones in addition to revenue and profitability thresholds within certain territories and timelines. This will immediately broaden the combined service offerings Direct Solar of America currently provides.

“We’ve had a tremendous period of growth at Direct Solar of America since a majority interest was acquired by SinglePoint Inc. in May 2019,” stated Pablo Diaz, CEO – Direct Solar of America “We added new divisions in commercial and capital to augment our leading solar brokerage network and now with the finalization of this agreement we can fully capitalize on the partnerships and relationships we have built while adding 30+ states to our network in a little over a year.  We anticipate continuing to leverage our national solar network to add licensed solar installation groups that will increase our revenue and profitability as we look to capitalize on the increasing demand for energy solutions powered by solar over the next decade.”

“This transaction immediately increases the value of Direct Solar of America and provides a framework for continuing to acquire or partner with strategically important entities within the solar and alternative energy sector as we look to rapidly build a national solar installation network via roll up or joint venture strategy.  We will continue to target accretive companies within the Solar and Renewable Energy space that can benefit from our national footprint and meet our previously announced acquisition strategy.  Our goal is to become the national leader in residential and commercial solar solutions operating in all 50 states,”Wil Ralston, President – SinglePoint Inc.  “We look forward to continuing to assist with enhancing the value of our majority owned subsidiary, Direct Solar of America and supporting the strategic vision outlined by their senior management.”

The recent and continuing expansion of Direct Solar’s sales platform now covering 38 states, allows the company to reach more households and raise awareness about the benefits of home solar and battery storage solutions which continue to drive the market for residential and small commercial customers.  The Direct Solar specialized concierge sales approach provides an immediate cost savings for independent installers who typically would resort to hiring expensive door-to-door sales professionals. We will continue to target smaller ($5M – $15M in annual revenue) solar installation companies, similar to Standard Eco, that can benefit by partnering or combining through acquisition with a leading virtual specialized sales platform like Direct Solar.

A consolidation phase in the domestic residential solar market has recently begun with the combination of Vivint and Sun Run in a merger that was announced on July 15, 2020 in which Sun Run acquired Vivint for a reported $3.2 billion.  One of the key components of that deal was the value of having a high-quality sales channel.  It is estimated that the Sun Run – Vivint combination will create an entity that has about 15% of the current residential market share in the US.  It is estimated that Residential Solar in the US has only reached 3% penetration.  In 2019 nearly 40% of all new electricity was added by solar-centric solutions. The global solar energy market was valued at $52.5 billion in 2018 and is projected to reach $223.3 billion by 2026, growing at a CAGR of 20.5% from 2019 to 2026.  After a strong 2019 Q4 and a record Q1 of this year, residential solar installations were hampered in Q2 by work stoppages, delays and temporary muted consumer demand caused by the complications of the current pandemic and corresponding economic shut downs which is accounting for the industry forecast of a 25% year-over-year drop in residential solar installations. Residential Installation has since begun to see a rebound in consumer demand and is set to resume growth in 2021.

About SinglePoint, Inc.

SinglePoint Inc. (OTC: SING) is a fully reporting company with core holdings in Solar Energy Services.  Acquired in May 2019, Direct Solar of America, a majority owned subsidiary, now operates its leading national solar sales brokerage model in 38 states.  In the past year Direct Solar of America has virtualized its sales platform, has added and expanded its corporate offerings to include Direct Solar Capital (Financial) and Direct Solar Commercial with a focus on financing, designing or developing small to mid-size commercial opportunities and projects.  The Company has a portfolio of non-core focused business that are searching for strategic partnerships or other alternative solutions. SinglePoint is committed to positioning the Company to be able to up list to the highest exchange possible which we feel is a benefit to our stakeholders and shareholders.

Connect on social media at: 
https://www.facebook.com/SinglePointsing
https://twitter.com/_SinglePoint
https://www.linkedin.com/company/singlepoint
https://www.youtube.com/user/SinglePointMobile
For more information visit: www.SinglePoint.com 

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.

Corporate Communication
SinglePoint Inc. 
888-OTC-SING
investors@singlepoint.com
www.singlepoint.com

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SOURCE SinglePoint Inc.

PHOENIX, Sept. 28, 2020 – SinglePoint Inc. (OTC:SING) is pleased to announce Direct Solar America estimates revenue numbers increasing nearly 20% prior to the end of Q3 and achieving nearly 60% gross margins throughout the quarter, a phenomenal feat in the current business climate.

“Direct Solar America did a great job meeting the demands placed on business during this ongoing pandemic. The team has made the necessary adjustments and kept the business growing to new highs. While some projects have been delayed many are coming back online such as the previously announced commercial projects. We expect the remaining documentation to complete the process very soon. As an additional benefit any business or nonprofit that decides to move forward with a PPA and put solar on their building will have no solar payment for 1 year,” states Wil Ralston, President, SinglePoint.

See the latest video interview here – https://youtu.be/Wbr2P7Q4Dk0

About SinglePoint Inc.
SinglePoint Inc. (OTC: SING) is a fully reporting company with core holdings in Solar Energy Services and Industrial Hemp based Consumer Products. Learn more at www.singlepoint.com

Connect on social media at:
https://twitter.com/_SinglePoint
https://www.linkedin.com/company/singlepoint
https://www.youtube.com/user/SinglePointMobile
For more information visit: www.SinglePoint.com

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.

Corporate Communication
SinglePoint Inc.
888-OTC-SING
investors@singlepoint.com
www.singlepoint.com

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SOURCE SinglePoint Inc.

PHOENIX, Sept. 22, 2020 — SinglePoint Inc. (OTC: SING) is excited to provide investors with a company update; Gross profit increased to over 60% in August as result of efficiencies driven by the pandemic. In 2019, SinglePoint acquired Direct Solar America. At the time the majority of sales were door to door. As a result of the pandemic, Direct Solar modified its business model to a virtual model thus reducing the high cost of door to door sales. As a company, being able to virtually meet with potential clients has resulted in significant cost reductions and increased profitability. Direct Solar America now operates in 34 states and continues to grow at a rapid pace. The company’s 12 month estimated Revenue Run rate is targeting $10,000,000.

2020 has been labeled the Solar+ decade, already the industry has seen many Mergers and Acquisitions led by the consolidation of SunRun and Vivant. As the industry continues operational improvements SinglePoint is working to achieve the same results through acquisition. SinglePoint is currently in discussions with companies to acquire, partner and ultimately work together for mutual benefit. Management believes these types of transactions will uplift shareholder value.

Most recently the company shared its strategic vision in this video: https://youtu.be/vG50txdI0wQ

About SinglePoint Inc.

SinglePoint Inc. (OTC: SING) is a fully reporting company with core holdings in Solar Energy Services and Industrial Hemp based Consumer Products. Learn more at www.singlepoint.com

Connect with us:

https://twitter.com/_SinglePoint
https://www.linkedin.com/company/singlepoint
https://www.youtube.com/user/SinglePointMobile
For more information visit: www.SinglePoint.com

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.

SinglePoint Inc.
888-OTC-SING
investors@singlepoint.com
www.singlepoint.com

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SOURCE SinglePoint Inc.

PHOENIX, Nov. 13, 2019 — via OTC PR WIRE — SinglePoint Inc. (OTCQB: SING), (the “Company”), a leading technology and acquisition company focused on making continued strategic acquisitions and investments in companies operating in high growth areas, announced its financial results for the third quarter ended September 30^th, 2019.  The Company reported revenues of $1,050,374 for the three months ended September 30, 2019, a 176% increase over the same period in 2018.

The Company’s most recent acquisition, Direct Solar, continues to exceed revenue growth targets and has been pivotal to improving the Company’s financials. 

Third Quarter 2019 Unaudited Financial Performance Highlights:

• Revenues of $1,050,374
• Cash on hand $294,062
• Gross Profit $525,891

Third Quarter 2019 Unaudited Financial Performance Summary: (comparisons to prior year period):

• Total revenues were $1,050,374 compared to $381,037;
• Gross profit was $525,891 compared to $75,353;

Nine Months 2019 Unaudited Financial Performance Summary: (comparisons to prior year period)

• Total revenues were $2,170,123 compared to $881,157;
• Gross profit was $559,729 compared to $229,017;

“This has been a great quarter for SinglePoint, we are very excited to see the growth of the company. We are establishing solid financials and we anticipate a big fourth quarter. Everything is firing on all cylinders and we continue to hit our numbers. We believe SinglePoint’s revenues will continue to grow as our subsidiary Direct Solar expanded into new markets,” states Greg Lambrecht CEO SinglePoint.

According to VP of Sales Don Smith, “Initial response to the ‘Pure American Hemp Cigarette’ has been overwhelming.  After a successful launch at the National Association of Convenience Stores Show in October 2019, we have shipped multiple orders to both distribution and retail clients.  SinglePoint is launching our newest smokable hemp-based product – ‘ORIGINAL 1606 HEMP.’  To capitalize on the increasing demand for these products we will continue to expand our product line, strengthen our manufacturing capacity and grow our global distribution channels in efforts to become the premier brand in this category”.

Full copy of the Singlepoint Inc. September 30, 2019 Form 10-Q can be found here.

About SinglePoint Inc.

SinglePoint Inc (SING) is a technology and acquisition company with a focus on acquiring companies that will benefit from management, capital and technology integration. Our portfolio includes mobile payments, industrial hemp and renewable energy solutions. Through acquisitions into horizontal markets, we are building our portfolio by acquiring an interest in undervalued companies, thereby providing a rich, diversified holding base. Through SingleSeed, we providing products and services to the cannabis industry.

Connect on social media at: 
https://www.facebook.com/SinglePointMobile
https://twitter.com/_SinglePoint
https://www.linkedin.com/company/singlepoint
For more information visit: www.SinglePoint.com 

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, including but not limited to the growth of our solar operations and hemp based products 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.

Unforeseen 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.

Corporate Communication
SinglePoint Inc.
855-711-2009
investors@SinglePoint.com
SinglePoint.com

PHOENIX, Oct. 31, 2019 — via OTC PR WIRE – SinglePoint Inc. (OTCQB: SING) has launched into the smokable hemp market, releasing its wholly owned brand, 1606 Original Hemp. The brand will carry a variety of smokable hemp products. Recently, the company presented at NACS 2019 and had a phenomenal response driving the creation of 1606. To date, the company has shipped orders to convenience store owners with a collective 250 doors and has interest from over 100 parties that collectively have over 15,000 doors.

The name derives from the first hemp crop planted in 1606 in North America. SinglePoint has planned to expand the brand quickly through retail, distribution, and a new ecommerce site currently in development. 

In today’s world, hemp is becoming very popular. The use of hemp has evolved into diverse products such as lotions, oils, food, beverages, and cigarettes. Smokable hemp is a developing trend, but is it a good way to consume the cannabinoid? Here’s what you need to know:

Hemp vs. Marijuana
Hemp and marijuana are both part of the cannabis family. However, hemp will not get you high unlike marijuana, which is known for its psychoactive effects. Marijuana has high levels of THC, containing anywhere from 5%-35%, whereas hemp has less than 0.3% THC. Hemp contains high cannabidiol (CBD) content which is not psychoactive. Smoking hemp is a positive alternative to marijuana. “You get the same taste, the same psychological feeling of smoking a joint, but without the high.”

Replacing Tobacco
Pure American Hemp cigarettes are nicotine and tobacco free. Some research suggests that smoking hemp cigarettes could be a potential tool to replace tobacco and nicotine addictions. According to a Brightfield Group survey of more than 5,000 CBD users in the U.S.:

• 24% have used it to help quit smoking.
• Quitters are often replacing cigarettes with
  either smokable hemp or vaping.
•  41% of quitters have entirely replaced
  tobacco with hemp CBD.

Google trends reveals over the last year that hemp was researched more often than tobacco and nicotine. 

Initial Research
Initial research has shown CBD’s ability to reduce cigarette consumption. Researchers at University College London conducted a study of 24 smokers. Each were given an inhaler with CBD or a placebo. For one week, they were to use the inhaler when they had the urge to smoke. Those with the placebo had no difference in cigarettes smoked; those with the CBD inhaler significantly reduced the number of cigarettes smoked by 40%.

The Alternative Market
The Alternative Market has continued to grow drastically, 35% from 2018 to 2019, while cigarettes stayed steady at 3.1%. With the addition of hemp cigarettes and the recent vape scare, many assume the alternative market will continue growing as people look for a “healthier for you” alternative to cigarettes.

The Future
BDS Analytics and Arcview Market Research projects that the collective market for CBD sales in the U.S. will surpass $20 billion by 2024 while New York-based investment bank Cowen & Co, estimates that the market could pull in $15 billion by 2025. The smokable hemp market currently represents approximately 2% of the overall CBD market, but with a 250% growth from 2017 to 2018, Brightfield Group, a Chicago-based cannabis market research firm, identifies dried and smokable hemp flowers as one of the fastest-growing segments of the CBD market.

About SinglePoint, Inc.
SinglePoint, Inc (OTCQB: SING) is a technology and investment company with a focus on acquiring companies that will benefit from the injection of growth capital and technology integration. The company portfolio includes mobile payments, ancillary cannabis services and blockchain solutions. Through acquisitions into horizontal markets, SinglePoint is building its portfolio by acquiring an interest in undervalued companies, thereby providing a rich, diversified holding base. Through SingleSeed, the company is providing products and services to the cannabis industry.

Connect on social media at: 
https://www.facebook.com/SinglePointMobile
https://twitter.com/_SinglePoint
https://www.linkedin.com/company/singlepoint
https://www.singleseed.com
For more information visit: www.SinglePoint.com

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.

Corporate Communication
SinglePoint Inc.
855-711-2009
investors@SinglePoint.com
SinglePoint.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/51f82e78-f8c1-4a94-b2f3-db751bb4c54c

PHOENIX, Oct. 29, 2019 — via OTC PR WIRE – SinglePoint, Inc. (OTCQB: SING) has launched into the smokable hemp market. Newly released brand 1606 Original Hemp is gaining traction after much attention at the 2019 National Association of Convenience Stores launch. The company received orders on site at the show and gathered over 100 interested clients that collectively own over 15,000 locations. SinglePoint expects to make its first large sale in the near future and has shipped orders to a collective 250 locations. 

Hemp has been globally cultivated for thousands of years, but what is hemp and what makes the plant so special? Hemp is a strain that comes from the Cannabis Sativa plant species, it is an agricultural crop grown for seed and fiber. “Some of the earliest known uses of hemp began in China about 10,000 BCE, where it was used for making clothing, rope, and paper.” 

In today’s world, hemp is becoming very popular. The use of hemp has evolved into diverse products such as lotions, oils, food, beverages, and cigarettes. Smokable hemp is a developing trend, but is it a good way to consume the cannabinoid? Here’s what you need to know:

Hemp vs. Marijuana
Hemp and marijuana are both part of the cannabis family. However, hemp will not get you high unlike marijuana, which is known for its psychoactive effects. Marijuana has high levels of THC, containing anywhere from 5%-35% whereas hemp has less than 0.3% THC. Hemp contains high cannabidiol (CBD) content which is not psychoactive. Smoking hemp is a positive alternative to marijuana, “You get the same taste, the same psychological feeling of smoking a joint, but without the high.” 

Replacing Tobacco
Pure American Hemp cigarettes (link) are nicotine and tobacco free. Some research suggests that smoking hemp cigarettes could be a potential tool to replace tobacco and nicotine addictions. According to a Brightfield Group survey of more than 5,000 CBD users in the U.S.:

• 24% have used it to help quit smoking.
• Quitters are often replacing cigarettes
  with either smokable hemp or vaping.
• 41% of quitters have entirely replaced
  tobacco with hemp CBD.

Google trends reveals over the last year that hemp was researched more often than tobacco and nicotine. 

Initial Research
Initial research has shown CBDs ability to reduce cigarette consumption. Researchers at University College London conducted a study of 24 smokers. Each were given an inhaler with CBD or placebo. For one week they were to use the inhaler when they had the urge to smoke. Those with placebo had no difference in cigarettes smoked, those with the CBD inhaler significantly reduced the number of cigarettes smoked by 40%.

The Alternative Market
The Alternative Market has continued to grow drastically, 35%, from 2019 to 2018 while cigarettes stayed steady at 3.1%. With the addition of hemp cigarettes and the recent vape scare, many assume the alternative market will continue growing as people look for a “healthier for you” alternative to cigarettes.

The Future
BDS Analytics and Arcview Market Research projects that the collective market for CBD sales in the U.S. will surpass $20 billion by 2024 while New York-based investment bank Cowen & Co, estimates that the market could pull in $15 billion by 2025. The smokable hemp market currently represents approximately 2% of the overall CBD market, but with a 250% growth from 2017 to 2018, Brightfield Group, a Chicago-based cannabis market research firm, identifies dried and smokable hemp flowers as one of the fastest-growing segments of the CBD market.

About SinglePoint, Inc.

SinglePoint, Inc (OTCQB: SING) is a technology and investment company with a focus on acquiring companies that will benefit from the injection of growth capital and technology integration. The company portfolio includes mobile payments, ancillary cannabis services and blockchain solutions. Through acquisitions into horizontal markets, SinglePoint is building its portfolio by acquiring an interest in undervalued companies, thereby providing a rich, diversified holding base. Through SingleSeed, the company is providing products and services to the cannabis industry.

Connect on social media at: 
https://www.facebook.com/SinglePointMobile
https://twitter.com/_SinglePoint
https://www.linkedin.com/company/singlepoint
https://www.singleseed.com
For more information visit: www.SinglePoint.com 

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.

Corporate Communication
SinglePoint Inc.
855-711-2009
investors@SinglePoint.com
SinglePoint.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/53106ed6-0e7c-4c3a-844a-ede984cd7b5d

PHOENIX, Ariz., Sept. 25, 2019 — via OTC PR WIRE – SinglePoint Inc. (OTCQB: SING) is pleased to announce its hemp cigarette marketing strategy for Pure American Hemp Cigarettes, which includes direct mail, email and social media, is enjoying significant early success. The company has already received orders and scheduled multiple meetings with buyers and distributors for the upcoming 2019 National Association of Convenience Stores (NACS) event. The NACS Show attracts more than 23,500 industry stakeholders from around the world, bringers together buyers and sellers to conduct business and learn from one another.

To place an order or learn more about Pure American Hemp Cigarettes TODAY, please call – 855-203-3318 or email us at sales@singlepoint.com

“I am very excited to be back at NACS. We believe Pure Hemp cigarettes are going to be a huge success for us and we are excited to launch this product at the largest, most respected show in the industry. There has been major traction with the marketing we have put into this campaign. The opportunity to be leading the hemp cigarette market is right in front of us. Previously I pioneered a related product (Premium Cigars) that culminated in opening nearly 30,000 retail accounts. This product has the same potential. It’s the right product at the right time in the right place. We are set up and ready to take orders at the show,” Greg Lambrecht, CEO SinglePoint, said.

SinglePoint has engaged High Performance DM to lead the company’s campaign creation and execution. To date, over 5,000 direct mailers and 40,000 emails have been sent to verified NACS attendees in decision making positions.

BDS Analytics and Arcview Market Research project that the collective market for CBD sales in the U.S. will surpass $20 billion by 2024, while New York-based investment bank Cowen Inc. estimates the market could pull in $15 billion by 2025. The smokable hemp market, which currently represents approximately 2% of the overall CBD market, soared in 2017-2018 with a 250% growth rate. Brightfield Group, a Chicago-based cannabis market research firm, identifies dried and smokable hemp flowers as one of the fastest growing segments of the CBD market.

Below are samples of what has been created to mass market Pure American Hemp Cigarettes directly to buyers, distributors and consumers.

SinglePoint has also secured multiple meetings at NACS through the campaign nacs.pure-hemp.com. The company’s interview with ShutUpNHustle.com, which is increasing visibility for the brand, can be viewed at https://www.youtube.com/watch?v=25QHrgQb-Do.

About SinglePoint, Inc.
SinglePoint, Inc (SING) is a technology and investment company with a focus on acquiring companies that will benefit from the injection of growth capital and technology integration. The company portfolio includes mobile payments, ancillary cannabis services and blockchain solutions. Through acquisitions into horizontal markets, SinglePoint is building its portfolio by acquiring an interest in undervalued companies, thereby providing a rich, diversified holding base. Through SingleSeed, the company is providing products and services to the cannabis industry.

Connect on social media at: 
https://www.facebook.com/SinglePointMobile
https://twitter.com/_SinglePoint
https://www.linkedin.com/company/singlepoint
https://www.singleseed.com
https://pure-hemp.com
For more information visit: www.SinglePoint.com 

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.

Corporate Communication
SinglePoint Inc.
855-711-2009
investors@SinglePoint.com
SinglePoint.com

PHOENIX, Sept. 11, 2019 — via OTC PR WIRE – SinglePoint (OTCQB: SING) and Convectium (OTCQB: JKSM )featured in CFN Media.

(Excerpt)
Running Circles Around Competition
Convectium is the inventor of the world’s first cannabis oil filling system and proprietary packaging systems. This is a major advancement at a time when about 80% of all concentrate products (vapes and pods) are filled manually. By hand, oil cartridge fills are completed at a paltry 75 per hour. Convectium’s 710 Shark system can exceed that in less than a minute on its way to produce between 6,000-12,000 in an hour.

See Full Article Here

The Biggest Thing Since the Dotcom Boom
Vilified for decades, cannabis is now being trumpeted as a serious medical breakthrough. Cannabis cannabinoids can be found in more than 1,000 products, ranging from edibles to beverages to pet products to skin creams. These cannabinoids generally consist of CBD (cannabidiol), a non-intoxicating component of cannabis and hemp, and THC (tetrahydrocannabinol), the part of cannabis responsible for the psychoactive “high” often associated with marijuana.

The world is recognizing the medical benefits (and lack of side effects) of CBD. Hemp, which became legal across the U.S. at the start of 2019 through the passage of the Farm Bill, is defined as cannabis sativa containing less than 0.3% THC. In January 2018, the World Doping Agency removed CBD from its banned substance list, further validating its efficacy and safety.

33 U.S. states have legalized cannabis for medical uses, while 10 states and Washington, D.C. allow recreational uses. Last October, Canada legalized marijuana for all adults but products have been limited. Modified legislation will open the Canadian markets to a variety of new cannabis products, including extracts. That means that about 260 million people in North America has access to cannabis in one form or another.

To that end, it’s no surprise that the industry experts at Arcview Market Research and BDS Analytics are calling for the legal cannabis market in the U.S. alone to reach $22.2 billion in 2022.

About Jacksam/Convectium (Convectium)
Convectium is an automation solutions provider that designs and markets patented filling and capping machines for the cannabis industry. Built in the U.S., Convectium offers the only UL certified machines that work with nearly any commercially available cartridge, POD, vape or other container. On average, Convectium customers increase output by up to 60 times over hand filling as they reduce risk, costs and waste, and quickly get custom branded products onto dispensary shelves. Over 100 top CBD and THC concentrate companies rely on Convectium automation solutions.

About SinglePoint, Inc.
SinglePoint, Inc (SING) is a technology and investment company with a focus on acquiring companies that will benefit from the injection of growth capital and technology integration. The company portfolio includes mobile payments, ancillary cannabis services and blockchain solutions. Through acquisitions into horizontal markets, SinglePoint is building its portfolio by acquiring an interest in undervalued companies, thereby providing a rich, diversified holding base. Through SingleSeed, the company is providing products and services to the cannabis industry.

Connect on social media at: 
https://www.facebook.com/SinglePointMobile
https://twitter.com/_SinglePoint
https://www.linkedin.com/company/singlepoint
For more information visit: www.SinglePoint.com 

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.

Corporate Communication
SinglePoint Inc.
855-711-2009
investors@SinglePoint.com
SinglePoint.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7a972782-f6dc-4fab-8e3a-ab08ec25f211

PHOENIX, Sept. 10, 2019 — via OTC PR WIRE – SinglePoint (OTCQB: SING) is pleased to update shareholders on the success of Jacksam (OTCQB: JKSM). As a lead investor in Jacksam before the company went public SinglePoint was able to secure sizeable interest in the company. Jacksam has now gone public and the value of the company has increased significantly and both parties foresee a very bright future ahead.

“To date, Jacksam has been a tremendous investment for SinglePoint. This is exactly what we look for when investing or acquiring businesses. The company was successful in its original vision and has increased the opportunity for major scalability by opening up the platform. They are now able to work with some of the biggest company’s in the space such a CCELL. We are excited to be a part of this high growth company and believe it will only continue its exponential growth.” – Wil Ralston SinglePoint President

Below are updates to what has happened over the course of the company becoming public.

Press Release 8/15/2019
Jacksam Corporation Releases Newly Engineered Automation Machines to Fill and Cap CCell Compression Cartridges

Commenting on the news, Jacksam/Convectium CEO Mark Adams stated: “Up until now companies using CCell cartridges couldn’t access our state-of-the-art automation equipment which delivers up to 287% more efficiency and 80% labor savings. Our new ‘open system’ approach catapults our market potential to another level by enabling large-scale CBD or THC concentrate companies to increase output, reduce risks, costs and waste, and beat the competition. These unique machines enable concentrate companies to automate the ‘fill and cap bottleneck’ and cement Convectium’s position as the only true scalable system in the business.“

Press Release 8/8/2019
Jacksam Corporation and The Blinc Group Announce Partnership and Reciprocal Distribution Agreement

“We are very excited about this partnership, as Convectium’s industry footprint is well established and will help introduce Blinc’s high precision, compliant & science based vaping hardware to a broader audience. The combination of Convectium’s proprietary streamlined automation solutions with Blinc’s commitment to providing innovative, quality-controlled and safe products, will provide an unprecedented integrated solution for MSOs, LPs, extractors and brands looking to optimize their operations and go-to-market strategy,” commented Arnaud Dumas de Rauly, CEO of The Blinc Group.

Press Release 7/23/2019
Jacksam Corporation and MainStem Announce Partnership and Distribution Agreement to Feature Convectium Shark 710 Filling Machines, 710 Captain Capping Machines and Convectium Cartridges on MainStem’s Leading B2B Purchasing Platform

“…announced today that the Company has signed a Distribution Agreement with MainStem, Inc, the leading marketplace for ancillary products & centralized purchasing. MainStem’s online platform, with over 10,000 products and cutting-edge e-procurement functionality, is setting the industry standard for how B2B purchasing is done in the cannabis industry…”

Press Release 7/18/2019
Corporate Update: Jacksam Corporation Announces Organizational Changes and Open Source Model to Enable the Majority of Cannabis and CBD Companies to Automate Post-extraction Processes 

“We are very excited about the future and strategy update of Convectium. We were an early investor and currently one of the largest shareholders outside of management. The company has had amazing growth and SinglePoint recently received sample vape pens from the company and has already received lots of interest. As SinglePoint continues to grow its footprint in the private label market the company is excited to refer and use Convectium products for clients as well. The cutting-edge technology allows us to provide superior products to clients,” stated Wil Ralston, President, SinglePoint (OTCQB: SING).

Press Release 4/17/2019
OTC Markets Group Welcomes New OTCQB Companies – April 17

Jacksam Corporation (OTCQB: JKSM) Jacksam Corp. is a technology company focused on developing and commercializing products utilizing their proprietary technology platform. The company services the medical cannabis, hemp and CBD segments of the larger e-cigarette and vaporizer markets with our oil vaporizer focused products. At present, they have three principal product lines consisting of the 710 Shark cartridge filling machine, the 710 Captain cartridge capping machine, and their proprietary cartridges. The companys customers are primarily businesses operating in jurisdictions that have some form of cannabis legalization. These businesses include medical and recreational dispensaries, large and small-scale processors and growers, and distributors.

Press Release 4/10/2019
Jacksam/Convectium Corp announces the appointment of Robert Hagen to the Board of Directors

“We believe that Mr. Hagen’s extensive twenty year plus management and finance background, including his involvement in multiple M&A transactions, and his current focus on cannabis industry research, provides valuable expertise and insight for us and our Board”, said CEO Mark Adams.

About Jacksam/Convectium
Jacksam/Convectium designs and markets proprietary automated vape cartridge filling/capping equipment for the cannabis industry. Our automated equipment line is designed and built in the US and carries full UL certification. Using Convectium’s automated equipment, our customers are able to increase their output by up to 60 times over hand filling. Convectium is focused on helping our customers automate their workflow and get custom branded products onto dispensary shelves and into the hands of customers more quickly. Over 100 companies, including many dominant brands in the space, rely on Convectium for automation of their filling operations. Convectium has operations in seven US cities, utilizes two factories in the US and three dedicated factories in Shenzhen, China, and has over 25 employees.

About SinglePoint, Inc.
SinglePoint, Inc (SING) is a technology and investment company with a focus on acquiring companies that will benefit from the injection of growth capital and technology integration. The company portfolio includes mobile payments, ancillary cannabis services and blockchain solutions. Through acquisitions into horizontal markets, SinglePoint is building its portfolio by acquiring an interest in undervalued companies, thereby providing a rich, diversified holding base. Through SingleSeed, the company is providing products and services to the cannabis industry.

Connect on social media at: 
https://www.facebook.com/SinglePointMobile
https://twitter.com/_SinglePoint
https://www.linkedin.com/company/singlepoint
For more information visit: www.SinglePoint.com

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.

Corporate Communication
SinglePoint Inc.
855-711-2009
investors@SinglePoint.com
SinglePoint.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7d4cb374-2cdc-444e-a07d-8046676f2c2c

PHOENIX, Sept. 04, 2019 — via OTC PR WIRE – SinglePoint Inc. (OTCQB: SING) is pleased to announce the company will be presenting its latest product by Pure, a 100% American grown smokable Hemp Cigarette. In booth 5653, SinglePoint will be displaying the Pure product and showcasing it to major store chains among others at the show that draws over 23,000 attendees.

BDS Analytics and Arcview Market Research projects that the collective market for CBD sales in the U.S. will surpass $20 billion by 2024 while New York-based investment bank Cowen & Co, estimates that the market could pull in $15 billion by 2025. The smokable hemp market currently represents approximately 2% of the overall CBD market, but with a 250% growth from 2017 to 2018, Brightfield Group, a Chicago-based cannabis market research firm, identifies dried and smokable hemp flowers as one of the fastest-growing segments of the CBD market.

“I am very excited to be back at NACS. In 96′ I was distributing cigars at this show and that ended up growing to 30,000 accounts stemming from this show. We believe this is going to be a huge success for us and we are excited to launch this product at the largest, most respected show in the industry,” Greg Lambrecht CEO SinglePoint.

To Place an Order or Find out more Information TODAY please call – 855-203-3318 or email us at sales@SinglePoint.com

About NACS
Every year, the NACS Show brings together convenience and fuel retailing industry professionals for four days of learning, buying and selling, networking and fun – all designed to help participants grow their bottom line.

Who Attends
As convenience and fuel retailing’s premier industry event, the NACS Show attracts more than 23,500 industry stakeholders from around the world. Buyers and sellers come together to conduct business and learn from one another – all in an environment rich with new ideas and partnerships. The NACS Show is the place to network and connect with convenience and fuel retailing industry peers and experts. 

All About the Expo
The 400,000 sq. ft. expo is where you will discover thousands of the latest products and services that c-stores sell and use every day. The expo is segmented into six categories: Fuel Equipment & Services, Food Equipment & Foodservice Programs, Candy/Snacks, Facility Development & Store Operations, Merchandise and Technology. Each area of the expo gives you a one-of-a-kind, hands-on experience that can’t be matched anywhere else.

Acting as a launch pad for the future, the Cool New Products Preview Room is just what its name implies. It’s loaded with new innovations, products, services and other growth opportunities. The preview room is segmented into five areas to help you easily locate new products: Facility Operations, Foodservice, Fuel Equipment & Services, Merchandise, Candy & Snacks and Technology. Here, you can capture product details and access exhibitor contact information, as well as print your custom “shopping list” for a visit to the main expo. 

Learning Opportunities
Hear from visionary retailers and industry influencers at NACS Show education sessions, designed by your peers to solve the challenges you are facing and to help you compete for the time and attention of consumers in today’s disruptive marketplace. With learning opportunities ranging from best practices, to fully reimagining your business, to technology innovations, there are education sessions specific to every store size and convenience role. See what good ideas are in store for you at this year’s NACS Show!
Source – https://www.nacsshow.com/Learn

About SinglePoint, Inc.
SinglePoint, Inc (SING) is a technology and investment company with a focus on acquiring companies that will benefit from the injection of growth capital and technology integration. The company portfolio includes mobile payments, ancillary cannabis services and blockchain solutions. Through acquisitions into horizontal markets, SinglePoint is building its portfolio by acquiring an interest in undervalued companies, thereby providing a rich, diversified holding base. Through SingleSeed, the company is providing products and services to the cannabis industry.

Connect on social media at: 
https://www.facebook.com/SinglePointMobile
https://twitter.com/_SinglePoint
https://www.linkedin.com/company/singlepoint
For more information visit: www.SinglePoint.com 

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.

Corporate Communication
SinglePoint Inc.
855-711-2009
investors@SinglePoint.com
SinglePoint.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5d53a6e3-2b1d-4c96-8c0c-ab749216e5e7