SinglePoint Inc. (SING) Initiatives in Hemp, Residential Solar Driving Record Sales Growth Despite Uncertain Economic Landscape

  • SING’s 1606 Hemp subsidiary achieved 133% increase in quarterly sales growth
  • Product marketing and content strategy grew 1606 Hemp social media presence to 20,000 followers, boosting online sales
  • SING achieved 300% increase in Q1 revenue and gross profit with majority coming from subsidiary Direct Solar

Despite unusual events creating an uncertain economic landscape, 2020 is proving to be a successful year so far for SinglePoint (OTCQB: SING), a diversified holdings company with operations in several high-performance market sectors. With impressive results coming from both their 1606 Hemp and Direct Solar subsidiaries, SING continues to successfully propel its business model forward by acquiring significant stakes in businesses and then fast-tracking their growth with operations, development, and management expertise.

SING continues to make gains with 1606 Hemp, its iconic smokable hemp brand that imparts the richness and quality of American-grown, harvested and cured hemp flower, processed according to quality assurance techniques that date back to the year 1606. Touted as a safer alternative to tobacco, 1606 Hemp cigarettes saw a…

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NOTE TO INVESTORS: The latest news and updates relating to SING are available in the company’s newsroom at http://cnw.fm/SING

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