NetworkNewsWire Announces Publication Shining a Light on Cannabis Companies Racing to Fill the Void of Payment Options

New York, New York--(Newsfile Corp. - August 17, 2017) - NetworkNewsWire ("NNW"), a multifaceted financial news and publishing company, today announces the publication of an editorial featuring SinglePoint, Inc. (OTC Pink: SING), a client of NNW focused on strengthening its position in the marijuana industry through the acquisition of, or investment in, small to mid-sized cannabis companies.

The publication is titled, "Record Bitcoin Gains Indicate High Times Ahead for Cannabis Cryptocurrency." It highlights multiple cannabis players creating innovative solutions to supplement the lack of access to banking options in the legal marijuana space.

To view the full publication, visit: https://www.networknewswire.com/record-bitcoin-gains-indicate-high-times-ahead-cannabis-cryptocurrency/

"SinglePoint (SING) is right at the cutting edge of employing cryptocurrency as a solution for businesses within the cannabis market. The company plans to launch a beta version of its bitcoin solution at the Las Vegas Marijuana Business MJBIZCON event, which takes place November 14-17.

"SinglePoint's new bitcoin exchange (http://nnw.fm/Ln5ot) is targeted at providing cannabis businesses with a user-friendly means of accepting debit and credit card payments and will give marijuana consumers the same convenience, allowing them to make purchases with their cards just as they would purchase any item at any other kind of store. SinglePoint has begun developing an in-house solution that would enable marijuana users to obtain bitcoin at any point of sale and to make instant purchases powered by bitcoin when all they have is a debit or credit card. When launched, this solution will be applicable to other markets, as well, and could be deployed by any type of business wishing to offer a bitcoin transaction option—not cannabis companies only."

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.

Connect on social media at: https://www.facebook.com/SinglePointMobile, www.twitter.com/SinglePoint, www.linkedin.com/company/SinglePoint and www.youtube.com/user/SinglePointMobile

For more information, visit www.SinglePoint.com or  www.SingleSeed.com

About NetworkNewsWire

NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today's market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

For more information please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

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

Forward-Looking Statements

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.

NNW Contact:

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