Technology and investment company SinglePoint (OTCQB: SING) today provided shareholders an update on the success of Jacksam (OTCQB: JKSM), for which SING was a lead investor and able to secure a sizeable interest before the company went public and significantly increased in value. “To date, Jacksam has been a tremendous investment for SinglePoint. This is exactly what we look for when investing or acquiring businesses,” SinglePoint President Wil Ralston said in the news release. “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 companies in the space such as CCELL. We are excited to be a part of this high growth company and believe it will only continue its exponential growth.”
To view the full press release, visit http://ibn.fm/Cuw9Q
About SinglePoint, Inc.
SinglePoint, Inc. 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. For more information, visit the company’s website at www.SinglePoint.com.
NOTE TO INVESTORS: The latest news and updates relating to SING are available in the company’s newsroom at http://ibn.fm/SING
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