Cannabis Industry Leaders Drive Growth with Acquisition Strategies and Territorial Expansion
NetworkNewsWire Editorial Coverage: Exceeding $7.2 billion in 2016, the legal cannabis market is maintaining a rapid expansion rate, according to Forbes, thanks to a demand for both medical marijuana and legal adult recreational sales in many U.S. states. Growth is expected to continue at a compound annual rate of 17 percent, but it is more than a diverse and accessible customer base fueling the fire. Companies such as SinglePoint, Inc. (SING) (SING Profile) have been busy with acquisitions that have expanded its capabilities and reach. The company not only serves the legal markets in Arizona, but also California, Nevada, and…







