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Mounting Support for Marijuana Banking Has Widespread Implications

Although 28 states have already legalized marijuana for medicinal or recreational use, the U.S. Drug Enforcement Administration (DEA) continues to label marijuana a Schedule 1 substance, along with heroin and LSD, making it illegal on a federal level. As a result, the banking industry has been slow to provide services to marijuana businesses, forcing many … Continue reading “Mounting Support for Marijuana Banking Has Widespread Implications”

Senate Banking Committee Could Pave the Way to a Bankable Marijuana Industry

Last month, a letter signed by 10 U.S. senators arrived on the desk of Jamal El-Hindi, the acting director of the Financial Crimes Enforcement Network (FinCEN), requesting guidance on how banking services might be offered to “indirect businesses” – such as SinglePoint, Inc. (OTC: SING), Medical Marijuana, Inc. (OTC: MJNA) and Cannabis Science, Inc. (OTC: … Continue reading “Senate Banking Committee Could Pave the Way to a Bankable Marijuana Industry”

Singlepoint, Inc. (SING) CEO Discusses Elizabeth Warren’s Cannabis Banking Proposal on MoneyTV with Donald Baillargeon

Before the opening bell, Singlepoint, Inc. (OTC: SING) was announced as a featured company on this week’s episode of MoneyTV with Donald Baillargeon. MoneyTV is an internationally syndicated television program about “money and what makes it happen.” The show includes informative interviews with company CEOs, offering prospective investors insight into their operations and outlooks for … Continue reading “Singlepoint, Inc. (SING) CEO Discusses Elizabeth Warren’s Cannabis Banking Proposal on MoneyTV with Donald Baillargeon”

Singlepoint, Inc. (SING) Singles Out Three More Reasons for Marijuana Mills to have Bank Accounts

Although eight states and the District of Columbia will now allow adult recreational use of marijuana and another 20 states will permit marijuana to be used for medical purposes, the industry is still being stymied in its efforts to access banking services. Since cannabis remains a Schedule I substance under the Controlled Substances Act of … Continue reading “Singlepoint, Inc. (SING) Singles Out Three More Reasons for Marijuana Mills to have Bank Accounts”

Singlepoint, Inc. (SING) Kicks Off 2017 by Voicing Support for Congressional Push Calling for Banking Reform in the Cannabis Industry

Before the opening bell, Singlepoint, Inc. (OTC: SING) kicked off the new year by voicing its support for an ongoing congressional push calling for banking reform as it relates to the burgeoning legal cannabis industry. In mid-December, a group of 10 U.S. senators (http://nnw.fm/0Kbvs) from states across the country, including Alaska, Maine, Massachusetts, Minnesota, New … Continue reading “Singlepoint, Inc. (SING) Kicks Off 2017 by Voicing Support for Congressional Push Calling for Banking Reform in the Cannabis Industry”

Singlepoint, Inc. (SING) CEO Comments on Company’s Above-Average Volume in Interview on MoneyTV with Donald Baillargeon

Before the opening bell, Singlepoint, Inc. (OTC: SING) was announced as a featured company on this week’s episode of MoneyTV with Donald Baillargeon. MoneyTV is an internationally syndicated television program about “money and what makes it happen.” The show includes informative interviews with company CEOs, offering prospective investors insight into their operations and outlooks for … Continue reading “Singlepoint, Inc. (SING) CEO Comments on Company’s Above-Average Volume in Interview on MoneyTV with Donald Baillargeon”

Singlepoint, Inc. (SING) Maintaining a Positive Outlook on the Future of Marijuana Sales Processing

Despite California still looking to Trump to address marijuana industry banking challenges, Singlepoint, Inc. (OTC: SING) is maintaining a positive outlook on the future of marijuana sales processing in the state. An article by Above the Law (http://nnw.fm/1D0hL) suggests that California may be able to secure bank accounts relating to cannabis businesses as long as … Continue reading “Singlepoint, Inc. (SING) Maintaining a Positive Outlook on the Future of Marijuana Sales Processing”

Singlepoint, Inc. (SING) on Standby as California Looks to Trump to Address Marijuana Industry Banking Woes

Now that residents of the Golden State have approved Proposition 64, California joins the District of Columbia and the states of Alaska, Colorado, Maine, Massachusetts, Nevada, Oregon, and Washington in legalizing the recreational use of marijuana for adults. Together, these eight states and the U.S. capital generate about one-quarter of U.S. gross domestic product (GDP). … Continue reading “Singlepoint, Inc. (SING) on Standby as California Looks to Trump to Address Marijuana Industry Banking Woes”

Singlepoint (SING) Subsidiary Looks to Help Cannabis Merchants Build Trust, Increase Customer Loyalty

A leading provider of mobile technology and mobile payment solutions serving various markets and industries, Singlepoint, Inc. (OTC: SING) has its eyes set on the fast-growing cannabis industry, aiming to help legal marijuana businesses build trust and increase customer loyalty via subsidiary SingleSeed and its highly reliable payment processing and marketing tools. With eight more … Continue reading “Singlepoint (SING) Subsidiary Looks to Help Cannabis Merchants Build Trust, Increase Customer Loyalty”

Singlepoint, Inc. (SING) CEO Discusses Influx of Calls from Cannabis Dispensaries on MoneyTV with Donald Baillargeon

Before the opening bell, Singlepoint, Inc. (OTC: SING) was announced as a featured company on this week’s episode of MoneyTV with Donald Baillargeon. MoneyTV is an internationally syndicated television program about “money and what makes it happen.” The show includes informative interviews with company CEOs, offering prospective investors insight into their operations and outlooks for … Continue reading “Singlepoint, Inc. (SING) CEO Discusses Influx of Calls from Cannabis Dispensaries on MoneyTV with Donald Baillargeon”

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