The marijuana industry is on pace to reach $20.6 billion by 2020, a figure that could tick higher as more states vote on legalization for medical or recreational use. One area lacking in this burgeoning industry is payment solutions. Singlepoint’s (OTC: SING) SingleSeed subsidiary is rising to the challenge, “awakening from a quiet period to provide state-of-the-art payment solutions and mobile marketing aimed at helping industry players grow their businesses safely and securely … SingleSeed and its processing partner have extensive relationships and technology partners they can leverage to develop the necessary apps and tools that will help protect the cannabis industry and provide safe ways for business owners to operate money transactions legally and in line with state and federal laws…”
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About Singlepoint, Inc.
Singlepoint, Inc. is a full-service mobile technology and marketing provider. The company provides solutions that allow its clients to conduct business transactions, accept donations, and engage in targeted communication through mobile devices. Singlepoint’s products connect small to mid-size companies to their target markets by providing innovative mobile technology at reasonable rates. Singlepoint recognized the strength in acquiring interest in undervalued subsidiaries in other markets, such as Daily Fantasy Sports, to create a diversified holding base. For more information visit www.Singlepoint.com
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