TopStockTips Feautured Stock: SinglePoint Inc.(OTCMKTS:SING) Exploding Into the Cannabis Sector with Their Texting Payment System

SinglePoint Inc. Announces Development of Mobile Payment Systems for the Cannabis Industry.


Nutley, NJ -- (SBWIRE) -- 02/28/2014 -- Wall Street's #1 Stock Newsletter Features SinglePoint Inc.(OTCMKTS:SING).

SinglePoint Inc.(OTCMKTS:SING), a state-of-the-art mobile technology and full-service mobile marketing company, announced on January 31, 2014, that it has developed a fully functional mobile payment system branded for the Cannabis and Medical Marijuana Industry "Mobile Cannabis Currency". Concurrently SinglePoint is developing point-of-sale mobile payment systems for use by cannabis dispensaries. This system is based on payment technologies used in the field for other business applications.

SinglePoint also provides text message marketing and notifications. This will enable cannabis establishments to send out messages informing their clients of the latest inventory and new products or services. Due to the nature of the industry, SinglePoints' mobile marketing technology the opportunity to market directly to their target market will be a large benefit to Cannabis and Medical Marijuana providers.

SinglePoint Inc.(OTCMKTS:SING) is currently trading at .0535 cents and has reached highs of .08 cents with its launch into the cannabis industry.

Greg Lambrecht, President of SinglePoint states, "We are very excited to be preparing this product for the cannabis industry, the medical use of which is now legal in 20 states and quickly sjavascript:void(0);preading along with recreational use now legal in Washington and Colorado." Alan Brochstein, financial analyst, writes, "Marijuana companies [stock prices] rose more than 50 percent in 2013 and opened 2014 with a bang, rising almost 150 percent in just three weeks."

About SinglePoint, Inc.
Headquartered in Phoenix, AZ, SinglePoint, Inc. is a state-of-the-art mobile technology company and full-service mobile marketing agency. We operate a best-in-class mobile commerce and communication platform specifically designed to serve the needs of the non-profit community as well as for profit companies. We make any campaign instantly interactive via the mobile phone. This functionality allows our clients to conduct business transactions, accept donations and engage in targeted communication campaigns with their customers/donors through any mobile devices. Send more messages, create more awareness, and raise revenues and donations.

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