- SinglePoint recently completed acquisitions of Convectium and DIGS Hydro
- The company offers an online payment solution through a partnership with First Bitcoin Capital
- Online payments and marketing services are available through SingleSeed.com
SinglePoint, Inc. (OTC: SING) revealed in a July 18, 2017, audio press release that it is now working with a cryptocurrency expert to lead an initiative to develop a payment solution designed for high risk customers. The company has grown from a full service mobile tech provider to a publicly traded holding company serving the cannabis market. Thanks to a joint venture with First Bitcoin Capital Corp., according to the audio press release (http://nnw.fm/RzpQ1), efforts to deliver a testable solution within 60 days are underway.
Helping to drive a consumer-first approach, the joint venture is expected to yield an easier transaction at the point of sale. In addition, two recent acquisitions are driving SinglePoint’s acquisition and growth strategy. One is DIGS Hydro, which now has two operating stores in Southern California and plans to open a third. The company, specializing in growing, cultivating and consulting in the cannabis industry, has seen growth in its first two quarters. The acquisition of Convectium, which manufactures and supplies the 710Shark oil filling machine, has been fulfilling as well.
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