Singlepoint (SING) continues to gain momentum in the legal cannabis space, fully leveraging its acquisition-based growth strategy to gain entry points into new niches in the marijuana industry while strengthening existing endeavors. The company’s most recent action was its purchase of the $Weed cryptocurrency from joint-venture partner First Bitcoin Capital (OTC: BITCF). A recent editorial titled, “Absent Federal Banking Support, Cannabis Market Shows Growing Interest in Proprietary Bitcoin Payment Solutions,” further highlights the company’s position as an early mover in providing payment solutions to the “unbanked” marijuana industry, as well as its range of marketing and payment processing solutions.
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About SinglePoint
SinglePoint, Inc. (SING) has grown from a full-service mobile technology provider to a publicly traded holding company. Through diversification into horizontal markets, SinglePoint is building its portfolio by acquiring an interest in undervalued subsidiaries, thereby providing a rich, diversified holding base. Through its subsidiary company SingleSeed the company is providing products and services to the cannabis industry.
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For more information visit: www.SinglePoint.com
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