SinglePoint Inc. (SING) Updates Revenue Forecast as Solar Contracts Exceed Expectations
Technology investment enterprise SinglePoint recently reported that its Direct Solar subsidiary recorded $1.7 million in solar installation contracts during a 30-day period, causing the company to ratchet up its revenue forecasts for the year The company expects to see about $803,769 in gross revenue and $361,541 in net profit from the contracts SinglePoint has also been focusing on the development of the hemp market, as hemp legalization in the United States has created a new pathway for agricultural profits SinglePoint’s ‘Strategics’ program, in cooperation with a national distribution partner that has access to several large retail chains, is providing a…