SinglePoint (OTCQB: SING), a fully reporting technology
company providing mobile payments, ancillary cannabis services and blockchain
solutions, stated its optimism regarding the future of banking in the cannabis
industry following the resignation of U.S. attorney general Jeff Sessions.
SinglePoint is poised to take advantage of the opportunity to fill the need for
a functional banking solution for the industry, as it currently handles
traditional merchant processing for other businesses. “We are excited to see
the possibility of what could happen with cannabis banking. This could present
a major opportunity for SinglePoint to offer services we have been able to
provide to other businesses for years. The biggest winner here could be the
ancillary service provides and the potential access to banking,” SinglePoint
President Wil Ralston stated in the news release.
To view the full press release, visit http://ibn.fm/MGXLw
About SinglePoint, Inc.
SinglePoint, Inc. is a technology and investment company
with a focus on acquiring companies that will benefit from the injection of
growth capital and technology integration. The company portfolio includes
mobile payments, ancillary cannabis services and blockchain solutions. Through
acquisitions into horizontal markets, SinglePoint is building its portfolio by
acquiring an interest in undervalued companies, thereby providing a rich,
diversified holding base. Through SingleSeed, the company is providing products
and services to the cannabis industry. For more information, visit the
company’s website at www.SinglePoint.com
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