Tuesday, November 26, 2019
#Cannabis/#Solar #Stock News: SinglePoint (OTCQB: $SING) Recaps 2019 Plans for Successful 2020 After Largest Third Quarter in Company History Surpassing $1,000,000 in Revenue
#Cannabis/#Solar #Stock News: SinglePoint (OTCQB: $SING) Recaps 2019 Plans for Successful 2020 After Largest Third Quarter in Company History Surpassing $1,000,000 in Revenue
PHOENIX - November 26, 2019 (Investorideas.com Newswire) SinglePoint Inc. (OTCQB:SING), recaps 2019 and looks ahead to 2020. As the company comes off its largest 3rd quarter in history, exceeding $1,000,000 in revenue for the quarter. The company continues to see expanded growth in two major markets, Hemp and Solar. Throughout Q4 and into 2020 SinglePoint will focus on growing these two market segments as demand increases for both. SinglePoint recently launched 1606 hemp which will have its major debut at the December 11-13, 2019 MJBIZCON where thousands will converge at the Las Vegas Convention Center to see the latest products in the industry. SinglePoint expects the sale of 1606 to be a large contributor in 2020 to overall company growth.
1606 Original Hemp Pre-Rolled Hemp
"We are excited for the launch of our 1606 Original Pre-rolled Hemp. We believe we can quickly scale the sales of this product via ecommerce and retail buyers. The Hemp Pre-rolls have a major profit margin which will support continued organic growth," states Wil Ralston, President SinglePoint.
1606 Original 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 traditional smoking with hemp CBD.
According to a June 2019 market research report published by MarketsandMarkets™, the industrial hemp market is projected to grow from $4.6 billion in 2019 to $26.6 billion by 2025, recording a compound annual growth rate of 34.0% during the forecast period. The cannabidiol (CBD) market is on track to grow to $23.7 billion through 2023, according to Brightfield Group. The firm also estimated the smokable hemp market to be valued at $11.5 million in 2018, a growth of 250% from 2017.
"We have an exceptional strategic plan in making SinglePoint one of the biggest publicly traded companies in the Smokable hemp space. We believe we offer investors and our current shareholders tremendous value given our leadership position in several explosive markets including ecommerce, Hemp and Solar. As SinglePoint continues to grow revenue and profit we continue to strive for meeting the qualifications to apply for a listed exchange," states Greg Lambrecht, CEO SinglePoint.
SinglePoint predicts growth in its markets will continue. Support for legalization passed Wednesday when lawmakers in the House Judiciary Committee approved a Bill that stands to decriminalize marijuana at the federal level. The Marijuana Opportunity Reinvestment and Expungement Act of 2019 (the "MORE Act") passed by a wide margin with bipartisan support. This bill will now head to Senate; this is just the first of many steps but as support continues SinglePoint believes it will only continue to open up options for businesses to obtain legal payment processing accounts. SinglePoint is currently growing its portfolio of accounts and as soon as the company believes there is a viable, stable payments option it will be able to onboard additional clients.
As SinglePoint's Hemp business continues to blossom, Direct Solar of America drives additional expansion. Direct Solar, a subsidiary of SinglePoint Inc. (OTCQB:SING), a leading residential and commercial solar brokerage, continues to exceed revenue growth targets and has been pivotal to improving the Company's financials.
Quarter Three 2019 Highlights of Direct Solar include:
· Contracts Originated $4,965,975 (installs set for Q4 and Q1 2020)
· Opened in three new states
· Launched high school partnership program with 47 Texas based high schools
· Signed MOU with SchollyMe to develop online and mobile solar purchasing ability
· Launched Direct Solar Capital and Direct Solar Commercial
Direct Solar of America is filling a gap in the solar market by providing homeowners the knowledge and comfort throughout the solar purchasing cycle. There are many complexities when it comes to the purchases including tax credits, leasing vs. buying, installers among other decisions to make. Direct Solar separates itself by becoming experts in the intricacies of solar in each market. Direct Solar has surpassed over $900,000 in revenue in just six months of operations.
About SinglePoint, Inc.
Founded in 2011 SinglePoint, Inc (SING) invests in and acquires brands and companies that will benefit from injection of growth capital and the sales and marketing expertise of SinglePoint. The company portfolio currently includes solar renewables, Hemp and distribution tobacco products. SinglePoint is working to grow to a multi-national brand.
Connect on social media at:
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
SinglePoint Inc.
855-711-2009
investors@SinglePoint.com
SinglePoint.com
More info on SING at Investorideas.com Visit: https://www.investorideas.com/CO/SING/
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 investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. 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. For Disclosure purposes SinglePoint Inc (OTCQB: SING) is a paid annual news and social media company on Investorideas.com. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp and https://www.investorideas.com/About/News/Clientspecifics.asp . Learn more about our prices for publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp
Monday, November 25, 2019
Investorideas.com - Cannabis stock news: GrowGeneration Corp. (NASDAQ: GRWG) Approved to Begin Trading on Nasdaq Stock Exchange
Investorideas.com - Cannabis stock news: GrowGeneration Corp. (NASDAQ: GRWG) Approved to Begin Trading on Nasdaq Stock Exchange
Get the latest Cannabis and Hemp stock news from www.investorideas.com
Get the latest Cannabis and Hemp stock news from www.investorideas.com
Investorideas.com - Cannabis stock news: Dixie Brands' (CSE: DIXI.U) (OTC: DXBRF) Licensed Manufacturer Becomes the First Clean Green Certified Cannabis Facility in Colorado
Investorideas.com - Cannabis stock news: Dixie Brands' (CSE: DIXI.U) (OTC: DXBRF) Licensed Manufacturer Becomes the First Clean Green Certified Cannabis Facility in Colorado
Get the latest Cannabis and Hemp stock news from www.investorideas.com
Get the latest Cannabis and Hemp stock news from www.investorideas.com
Investor Ideas #BlackFriday Membership Sale – #Stock Directories, Articles, Podcasts in Cannabis, Mining, AI, Crypto, Cleantech and more
Investor Ideas #BlackFriday Membership Sale – #Stock Directories, Articles, Podcasts in Cannabis, Mining, AI, Crypto, Cleantech and more
Point Roberts WA, Delta BC, November 25, 2019 – (Investorideas.com Newswire) Investor Ideas, a leading global investor resource , announces its Black Friday special offer to retail investors. The six month membership (regular price $59) is now on sale for a limited time for $9.99.
Learn more and sign up before November 30th https://www.investorideas.com/membership/BlackFridaySale.asp
Investors get 24/7 login to stock directories in the hottest sectors, daily investing podcasts, stock news alerts for trading and investing ideas for stocks listed on the TSX, TSX.V, CSE, OTC, NASDAQ, NYSE, ASX and more.
Read this in full at https://www.investorideas.com/news/2019/main/11253BlackFridayMembershipSale.asp
About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column, Cleantech and Climate Change , Exploring Mining, the AI Eye .
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 investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. 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. Contact management and IR of each company directly regarding specific questions.
More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp
Learn more about our news, PR and social media services at Investorideas.com
To sponsor a daily podcast for the month or to be an expert guest please contact us!
Contact Investorideas.com
800-665-0411
Investor Ideas #Potcasts; #Cannabis News and #Stocks on the Move; Canopy Rivers (TSX: $RIV.TO) (OTC: $CNPOF) CEO Interview
Investor Ideas #Potcasts; #Cannabis News and #Stocks on the Move; Canopy Rivers (TSX: $RIV.TO) (OTC: $CNPOF) CEO Interview
Delta, Kelowna, BC, November 25, 2019 (Investorideas.com Newswire) www.Investorideas.com, a global news source covering leading sectors including marijuana and hemp stocks and its potcast site, www.potcasts.ca release today’s podcast edition of cannabis news and stocks to watch plus insight from thought leaders and experts.
Listen to the podcast:
Read this in full at https://www.investorideas.com/news/2019/cannabis-potcasts/11251Interview-RIV.asp
Today’s podcast overview/transcript:
Good afternoon and welcome to another episode of Investorideas.com "Potcast" featuring cannabis news, stocks to watch as well as insights from thought leaders and experts.
In today’s podcast Investorideas interviews Narbe Alexandrian, President and CEO of Canopy Rivers Inc. (TSX:RIV) (OTC: CNPOF), where he discusses the company’s most recent news and financials as well as the industry as a whole.
When asked about what has been developing in the Canopy Rivers portfolio since our previous interview, Alexandrian went on to say, “there’s a lot that’s taken place for Canopy Rivers and our portfolio of companies over the last little while. We have a portfolio company in the data intelligence sector, Headset, which recently launched a data intelligence tool for retailers to understand what their sales metrics are as well as to compare metrics with the overall marketplace. Headset has also launched into Canada with Alberta being the first province. Our multi-state operator, TerrAscend Corporation, appointed Jason Ackerman to its board of Directors. Jason is a founder and former CEO of online grocer Fresh Direct and was also named executive chairman of the company and is going to be overseeing the day to day operations of the U.S. segment of TerrAscend. James E. Wagner Cultivation raised a sizeable loan from Trichome Financial Corporation, using it to expand its flagship facility in Kitchener, Ontario and continue with its cultivation. Subsequently, JWC announced two major announcements to position it as a leading producer and supplier of premium cannabis products. First it entered into a supply and manufacturing agreement with Cannacure Corporation, for the filling of vape cartridges for the Canadian market, as well as it entered into a brokerage agreement with Kindred. Kindred is something that Canopy Rivers has been working on for quite some time. Kindred is the cannabis distribution platform for Breakthrough Beverages, and for those who don’t know, Breakthrough Beverages is the top one or two largest liquor distributor in North America and they do work with Diageo or Gala Wines, and they;ve taken a step into the cannabis industry to use the power of distribution and understanding of regulated markets to create a distribution platform for Cannabis companies within the Canadian market. We’re really excited about our strategic partnership and about lending them into our portfolio of companies.”
Alexandrian continued to discuss how this partnership with Kindred would add value to the Canopy Rivers portfolio of companies, especially with regards to Cannabis 2.0, saying, “the problem we have within the Canadian industry, or just in general within the industry, is lack of distribution. You have a ton of demand in every single geography that’s looking to legalize and you have a number of producers as well but just the distribution points of retail just aren’t there. I like to use the anecdote of Coke and Pepsi who aren’t successful because they spend hundreds of millions of dollars on advertising; they’re successful because they have distribution. Any store, restaurant, quick service or fast food chain that you walk into, there’s typically a Coke and Pepsi machine there or some type of vending machine or fridge you can get product off of. That’s distribution 101. On the cannabis side, we’re just seeing distribution start to form, especially in Canada, but in some U.S. States as well that are starting to legalize, where currently its really hard to get product and your fighting with the illicit market, overtime distribution becomes more prominent. To get to multiple points you can develop everything in house or you can go out and find one of the distributors in the market. Our thesis at Canopy Rivers is that vertical integration doesn’t work. So in our perspective there’s going to be a leader that’s a pure play distribution platform, and we thought that the team and vision that Breakthrough Beverages had in creating Kindred were really top notch and that this was going to be a company that was going to usher in a new form of distribution within the Cannabis sector.”
Alexandrian went on to discuss the industry in general in both the U.S. and Canada as well as what investors can look forward to from Canopy Rivers.
Investor ideas reminds all listeners to read our disclaimers and disclosures on the
Investorideas.com website and this podcast is not an endorsement to buy products or services or securities. Investors are reminded all investment involves risk and possible loss of investment
Learn more about our cannabis podcasts at https://www.investorideas.com/Audio/Potcasts.asp
Investorideas.com podcasts are also available on iTunes, Spotify, Google Play Music, Stitcher, Spreaker, YouTube via Spreaker, iHeartradio and Tunein.
Potcasts is now a certified word mark Trademark on the blockchain through Cognate, Inc. CM Certification-Registration Number: 10468217708
About Investorideas.com - News that Inspires Big Investing Ideas
Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column, Cleantech and Climate Change , Exploring Mining the AI Eye .
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 investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. 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. Contact management and IR of each company directly regarding specific questions.
More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp
Investor Ideas does not condone the use of cannabis except where permissible by law. Our site does not possess, distribute, or sell cannabis products.
Follow us on Cannabis Social Media
Contact Investorideas.com
800-665-0411
Subscribe to:
Posts (Atom)