​SinglePoint’s Major Market Opportunities Highlighted in Recent Analyst Research Report

Spotlight Companies |


As the new economic innovation cycle forges ahead, SinglePoint, Inc. (SING) continues to solidify its unique position as an axis for a number of next-generation market opportunities. The company is quickly becoming a key player in the cannabis, blockchain and digital payments sectors, and has been strategically acquiring compelling and undervalued businesses that cement SinglePoint’s leadership at the intersection of these markets.

A recent analyst report from L.A. Davis & Associates, provides a comprehensive overview and analysis of SinglePoint’s portfolio of the mobile payments, ancillary cannabis services and blockchain solutions, as well as the respective market opportunities the company provides exposure to.

Key points of the report include:

Digital Payments

According to market research firm Future Market Insights, global mobile payment transaction volume grew 42% to $26.9 million in 2016 representing more than $750 billion in transaction value. According to BI Intelligence, US in-store mobile payment volume reached $75 billion in 2016. Between 2015-2020, and they expect volume to rise by a compound annual growth rate (CAGR) of 80% to bring mobile payments volume to $503 billion by 2020. BII forecasts the number of domestic in-store mobile payment users to rise at a 40% five-year CAGR reaching 150 million by the end of 2020—representing 56% of the consumer population during that year.

Cannabis

Legal marijuana sales climbed to $9.7 billion in North America in 2017, according to a report from Arcview Market Research and BDS Analytics. That represents a 33% increase over 2016, shattering previous expectations about how quickly the marijuana industry could grow in the face of federal prohibition. The report also predicted the legal marijuana market will reach $24.5 billion in sales — a 28% annual compound growth rate — by 2021, as more state-legal markets come online.



Blockchain

Initially developed efficient, cost-effective, reliable, and secure system for conducting and recording financial transactions, blockchain is a shared, distributed ledger that facilitates the process of recording transactions and tracking assets in a business network. Virtually anything of value can be tracked and traded on a blockchain network, reducing risk and cutting costs for all involved.1 Blockchain technology is poised to redefine how various industries operate, dramatically improving efficiencies, and reduce the cost of doing business. The global blockchain in the healthcare market alone is forecasted to grow at a CAGR of 63.85% from 2018 to 2025, to reach a value of $5.61 billion by 20252

Read the full report to see how SinglePoint is capitalizing on these opportunities. Key highlights include:

  • SinglePoint’s History
  • Recent Up-listing to OTCQB
  • The Strategic Plan
    • Cannabis Market Update
    • SINGLESEED PAYMENTS
    • Singlepoint’s Cannabis Business History
    • Cryptocurrency Solutions
    • Crypto Exchange and Wallet
    • National TV Campaign for 2018
    • LastMile Delivery
  • Majority Investments
  • Minority Investments
  • The Management Team
  • Ownership Structure
  • Overview of Financials
  • Risks to Consider

For those interested in staying on top of SinglePoint’s progress and milestones, sign up for updates by visiting http://ir.singlepoint.com/email-alerts. They can also access the latest research report on SinglePoint at LAdavisandassociates.com.


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Companies

Symbol Name Price Change % Volume
SING Singlepoint Inc 0.03 -0.00 -4.40 5,712,405

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