SinglePoint_HORIZ-1501SinglePoint, Inc is a developer and seller of business technologies, particularly mobile business platforms, and has recently ventured into the marijuana industry. Its featured products can be used by businesses for accepting mobile payments, conducting text message marketing, and holding mobile auctions. For the medical cannabis sector, SinglePoint, Inc created a subsidiary to provide specialized technology solutions.

The company began in 2006 as Lifestyle Wireless, Inc, which also offered mobile commerce technologies. In 2011, it changed its name to Carbon Credits International, Inc, and then in 2013, to SinglePoint, Inc.

With a market value of around USD 3.27 M, SinglePoint is currently traded in the OTC markets as SING. It has also opened offices in Arizona and Washington.

SinglePoint’s mobile payment solution for businesses is the trademarked Pay by Text technology. This solution provides clients’ customers with an app to view available items, which they can then purchase through a text message. SinglePoint charges its clients 5% for every transaction completed through this technology.

Another trademarked solution of SinglePoint is Text2Bid, a mobile auction platform. With this, companies can hold auctions in which customers can bid through their text- or web-enabled phones. Bidders also get notifications of bidding activity and similar updates.

Aside from these, SinglePoint also offers the TextaDay solution for text message marketing, as well as technology for cashless ATM terminals.

On the medical marijuana front, SinglePoint’s subsidiary SingleSeed Payments provides cannabis-specialized versions of SinglePoint’s main products. There are, for instance, cashless ATMS, mobile payment platforms, and text message marketing platforms specifically for cannabis businesses. SingleSeed is now considered one of the leading business solutions providers in the industry.

SinglePoint, Inc is led by Founder, CEO, and President Greg Lambrecht, CTO Eric Lofdahl, COO Martha Burkard, Director of Business Development Vara Prasad Boddu, and VP of Sales and Marketing Wil Ralston.

Yahoo! Finance: SING News

Latest Financial News for SING

MoneyTV with Donald Baillargeon, 5/24

HOLLYWOOD, CA / ACCESSWIRE / May 24, 2019 / Burgeoning CBD industry, Chinese investors, solar power, water industry, beware Biden's hands; this week on MoneyTV with Donald Baillargeon. MoneyTV is the internationally ...

SinglePoint Signs Master Distribution and Co-Selling Agreement with National CBD Supply Chain Manufacturer for THC free industrial Hemp and Isolate Products

PHOENIX, May 23, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- SinglePoint (SING) announced today that it has signed a comprehensive supply chain and co-selling agreement with Nevada based JMSJ Holdings.  The scope of the agreement provides SinglePoint, guaranteed access to $50 Million USD of industrial hemp derived CBD isolate each month.  SinglePoint will then in turn offer for sale CBD Distillate, CBD Isolate, and Hemp Biomass to fortune 500 and B2B companies to be used in the manufacturing of retail products. Meghan Rodriguez, co-founder of JMSJ Holdings, "We are excited to partner with SinglePoint on this bold initiative.  Our experience to date has been that in which the demand consistently outgrows the supply.

SinglePoint to Acquire ProActive Nutra, a GMP-Certified, FDA-Compliant Manufacturing Facility Producing CBD, Herbal Cleansers and Award-Winning Mushroom Formulations

PHOENIX, May 21, 2019 (GLOBE NEWSWIRE) -- via NetworkWire – SinglePoint Inc (SING) announces a letter of intent to acquire ProActive Nutra, a GMP, FDA compliant CBD, mushroom and herbal cleanser manufacturing company operating in a GMP-compliant facility. The company currently manufactures over 30 products for the ProActive Nutra brand and many others as a private labeled finished product. ProActive Nutra is established in thousands of retail stores throughout the southwest of the U.S. and has the ability and plans to scale throughout the U.S.

Investor Ideas Potcasts Talks to Will Ralston, President of SinglePoint Inc. about Solar Acquisition and their Cross Pollination Business Strategy

From Cannabis to Solar, Crypto or Psilocybins -SinglePoint Inc. is on the Cutting Edge Point Roberts, Washington and Kelowna, British Columbia--(Newsfile Corp. - May 21, 2019) - , a global news source covering leading sectors including cannabis and solar stocks and its potcast site, release a special edition of potcastsCM - cannabis news and stocks to watch, featuring Will Ralston, President of SinglePoint Inc (OTCQB: SING). Listen to the ...

SinglePoint Completes Asset Acquisition of Direct Solar, Expecting to Dramatically Increase Revenues over $5 Million in First 12 Months

PHOENIX, May 16, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE – SinglePoint Inc. (SING) Completes Asset Acquisition of Direct Solar, SinglePoint Largest Deal to Date Expects to Dramatically Increase Revenues. Direct Solar operates on a Lending Tree/Rocket Mortgage model in which the company provides the homeowners which options for installers that service their area and the loan programs they have access to. This allows for the company to expand throughout the US and globally.