AppSwarm, Inc. (SWRM) Leverages Technology and Business Expertise to Enter the Cannabis Market Through SinglePoint, Inc. (SING) Joint Venture

AppSwarm, Inc. (SWRM) Leverages Technology and Business Expertise to Enter the Cannabis Market Through SinglePoint, Inc. (SING) Joint Venture
AppSwarm, Inc. (SWRM) Leverages Technology and Business Expertise to Enter the Cannabis Market Through SinglePoint, Inc. (SING) Joint Venture
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  • SWRM has four diversified revenue streams as it seeks to grow in multi-platform games, offers its expertise to develop new cannabis apps under SinglePoint’s SingleSeed subsidiary brand
  • SWRM managers project company FY2018 volume of $6 million-$7 million
  • Cannabis market projected to reach $50 billion by 2025

AppSwarm, Inc. (OTC: SWRM) has four key revenue streams and is using its business and technical expertise to enter the cannabis mobile app market in partnership with SinglePoint, Inc. (OTC: SING). The two companies have announced a letter of agreement to roll-out cannabis industry mobile apps (http://cnw.fm/Vhx75). They said they would generate their first product within 90 days after the LOI, then two additional apps every 90 days thereafter.

SWRM has four distinct revenue streams for growth: incubation of apps and completion of development and concept; social game development; casino and movie-themed applications; and partnership projects in which SWRM can provide technical expertise.

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Cannabis Focus, Cannabis Industry
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