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QualityStocksNewsBreaks – SinglePoint (SING) Serves Legal Cannabis Market with Bitcoin Payment Solution; Invests in Equipment, Consulting Space

SinglePoint, Inc. (OTC: SING) is serving up prime opportunities for investors as it expands its array of offerings for the legal cannabis market—all without ever touching the marijuana plant. Many savvy investors are jumping aboard the cannabis bandwagon, and SinglePoint is involved in two of the most promising investment options currently available in that market: bitcoin digital currency as a solution for currently “unbankable” marijuana businesses and hydroponics products and consulting for marijuana growers.

“More and more investment opportunities are arising in the legal cannabis industry, and SinglePoint is poised to be a major player. Through its subsidiary, SingleSeed (www.SingleSeed.com), SinglePoint is offering a solution to a major barrier for the cannabis industry – the lack of traditional banking options. SingleSeed offers a variety of services aimed at legal cannabis merchants, including the mobile Cashless ATM system, Pay by Text, and text message marketing. In June, the company announced $1 million in funding (http://dtn.fm/Yo5Aa) to continue developing its BitCoin Payments solution in partnership with First BitCoin Capital (OTC: BITCF). First BitCoin Capital is a leading bitcoin and blockchain technology provider.”

To view the full article, visit http://dtn.fm/ix16P


About SinglePoint, Inc.

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. For more information visit www.SinglePoint.com