Investorideas.com
Search  Follow Investorideas on Twitter  Investorideas is on Facebook  Investorideas is on Google Plus  Investorideas is on Youtube  Investorideas is on Pinterest  Investorideas is on tumblr  Investorideas is on LinkedIn  Investorideas is on Medium  Investorideas RSS 


Investorideas podcasts on iTunes, Google Play Music and iHeart.com


SinglePoint (OTC: $SING) and AppSwarm Sign LOI to Launch Cannabis-Focused Applications

Investorideas Featured Company: SinglePoint Inc. (OTC: SING)

 

SEATTLE - October 24, 2017 (Investorideas.com Newswire) SinglePoint, Inc. (OTC:SING) ("the Company") has entered into a Letter of Intent with AppSwarm (SWRM) to conduct a joint roll-out of mobile applications specifically geared to the cannabis industry. The applications will be branded and marketed under SinglePoint’s SingleSeed subsidiary (www.SingleSeed.com), while AppSwarm (www.app-swarm.com) will provide the necessary technical support and app development.

SinglePoint and AppSwarm plan to launch the first application within 90 days of the LOI, as well as release an additional two applications every 90 days thereafter. The first application will provide a base for additional applications, and will be a service-based application for the business-to-business (B2B) and business-to-consumer (B2C) markets.

The cannabis market is ripe for technology that can improve efficiency and work flows. SinglePoint and AppSwarm intend to develop mobile applications that address these industry needs by creating a system that allows a business to see what is going on in the market around them. The mobile apps will also streamline the consumer experience by adding in SinglePoint’s payment options, among other features.

"We are very excited to roll-out these applications. We have worked on projects like these before and now we really feel we have both the capital and partner to make a full court press on a major launch and huge value add to the cannabis industry," states SinglePoint CEO Greg Lambrecht.

AppSwarm is a strong partner for SinglePoint, as many of the applications the Company is looking to launch are already working and live within the AppSwarm portfolio. SinglePoint will now rebrand specific applications and add additional feature sets designed specifically for the cannabis clientele.

"The roll-out of the cannabis applications represents an exciting opportunity for us at AppSwarm, as we have the expertise to build and launch applications that the market wants. This is a win-win situation for both companies, allowing us to leverage one another’s expertise and grow together," states AppSwarm CEO Ron Brewer.

The cannabis market is projected to reach $50 billion by 2025. Currently, cannabis is legal in 29 states and the District of Columbia. These mobile applications will be available for use in all states. As new states legalize the companies will look to grow alongside the new states opening to legalized cannabis sales.

About SinglePoint, Inc.

SinglePoint, Inc. (SING) has 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. For more information, visit www.SinglePoint.com or www.SingleSeed.com

Connect on social media at:

www.facebook.com/SinglePointMobile

www.twitter.com/_SinglePoint_

www.linkedin.com/company-beta/165982/

www.youtube.com/user/SinglePointMobile

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.

Contact:

SinglePoint, Inc.
Greg Lambrecht
602.481.1544

Communications Contact:

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

420 Cannabis Investor Ideas, cannabis stocks, marijuana stocks

Disclosure: SinglePoint, Inc. (OTC: $SING) is featured on the 420 Cannabis Investor Ideas of 2017 at www.420cannabisinvestorideas.com

SinglePoint, Inc. (OTC: SING) is a featured company on Investorideas.com
View the profile on Investorideas.com

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 SING is also a paid featured cannabis and bitcoin company for news and PR social media

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.

Bitcoin, Blockchain and Digital Currency Stocks and ICO's

Like Bitcoin, Blockchain and Digital Currency Stocks? View our Bitcoin, Blockchain and Digital Currency Stocks Directory



Questrade Democratic Pricing - 1 cent per share, $4.95 min / $9.95 max



Join Investor Ideas Members to access the Renewable Energy stocks directory, water stocks, biotech stocks, defense stocks directories and the Insiders Corner