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SinglePoint, Inc (OTCMKTS:SING) Pronounces Its Distribution Agreement With JTI USA

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SinglePoint, Inc (OTCMKTS:SING) Has disclosed that it will be working with JTI USA in the distribution of PrimeTime Little Cigars. JTI USA is one of the many businesses under the umbrella of a multibillion-dollar organization known as the JT Group of companies. It enjoys an international presence in not less than 130 countries on the global scene.

An Outlook at The Agreement

SinglePoint has declared its commitment to promote the sale and distribution of PrimeTime Little Cigars. It sees it as a great honor to be entrusted with the distribution of the best flavored little cigar. These cigars come in wide-ranging flavors such as Vanilla, Peach, Grape, and Cherry.

Probably, adult smokers who care about cost-effective products are going to embrace the product in a great way. It is one of the most outstanding options to most of the smokers since they get to enjoy both quality and affordability.

Lambrecht’s Perspective

The CEO SinglePoint Greg Lambrecht is quite impressed by the idea of his company working with such a big name in the industry. He says that he will be supporting SinglePoint in efforts to expand the business partner’s grip of the US market. The official says that they will be leveraging on their unique experience gained from the alternative markets to achieve set objectives.

So far, SinglePoint has succeeded in the placement of about premium cigars in over 30,000 accounts. The company looks forward to transforming the opportunity in front of it into one of its major revenue sources. It knows that the secret will be in paying a great focus in the distribution of additional JTI products. It adds that the growth potential is massive.

Lambrecht has also acknowledged JTI’s commitment to the development of innovative products. It owns an encapsulation machine with the ability to manufacture as well as package the individual PrimeTime Little Cigars.

Mordor Intelligence has unveiled its research findings today. It forecasts a significant growth of the global cigar market outlining it might expand at a CAGR of 4.23%. This is a forecast for 2019 -2024. At this point, the Cigar market stands at about $10 Billion, and it has immense growth potential.

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