CannabisNewsBreaks – SinglePoint, Inc. (SING) Shares Insights Related to Its Jacksam Corporation Investment
Jul 14, 2020
SinglePoint (OTCQB: SING) today shared a recent corporate update by the Convectium/Jacksam Corporation CEO, Mark Adams, which originally aired via webcast on June 25, 2020 and was produced by Torrey Hills Capital. Jacksam Corporation (OTCQB: JKSM) (“Convectium”), an automation solutions company providing machines and equipment to legalized and licensed CBD and THC companies, has entered a memorandum of understanding to create an exclusive proprietary cartridge and POD pre-racking solution, allowing producers and extractors to scale to meet rapidly increasing demand. SinglePoint’s senior management team was invited to view the live webcast and initiated subsequent discussion with Jacksam to explore whether there are additional opportunities to strengthen the relationship between the two companies. “I was impressed by the thoroughness of and the directness and insight provided by Mark Adams, CEO of Jacksam as he systematically outlined and discussed their current operations and near term growth strategy and, after viewing, I felt that the shareholders of SinglePoint, who own about 6.8% of Jacksam, should have the opportunity to view the presentation as well,” Wil Ralston, president SinglePoint, stated in the news release.
To view the full press release, visit http://cnw.fm/O0JGq
About SinglePoint, Inc.
Founded in 2011, SinglePoint invests in and acquires brands and companies that will benefit from injection of growth capital and its sales and marketing expertise. The company’s portfolio currently includes solar, hemp and technology applications. SinglePoint is working to grow the company to a multinational brand. 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://cnw.fm/SING
About CannabisNewsWire
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