SinglePoint (SING) Sees Advantages in Bitcoin, Formation of SingleSeed.com, and Joint Venture with First Bitcoin Capital Corp.

  • Company sees four to five more acquisitions in pipeline after its investment in California firms DIGS and Convectium
  • Hired a blockchain expert as part of project addressing payment processes for the cannabis industry
  • Hired Turner, Stone & Company LLC to complete 2016 financial audit

Wil Ralston, president of SinglePoint, Inc., (OTC: SING), and Greg Lambrecht, CEO, say their company is primed to make four to five more acquisitions as it sees further opportunity in the cannabis market and medical marijuana. It is supporting dispensaries with the cryptocurrency bitcoin and is helping legal sellers solidify an online presence with subsidiary SingleSeed.com. SinglePoint has hired a digital technology blockchain expert and will launch a project to determine a solution for payment processes within the cannabis industry.

The company’s recent online audio press release (http://nnw.fm/Kzrh2) illustrates how this Seattle-based full service mobile technology provider is transitioning into a diversified holding company. It is committed to growing in the cannabis industry. It has formed a joint venture with First Bitcoin Capital Corp. (http://nnw.fm/zi26F) to offer a payments solution using blockchain technology. The goal is to develop a proprietary solution for high-risk…

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