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Wednesday, 08/09/2017 1:49:08 PM

Wednesday, August 09, 2017 1:49:08 PM

Post# of 12143
$SING "Because of federal regulations barring traditional financial institutions and credit card companies from offering their services, the booming marijuana industry, with almost $7 billion in reported sales last year, is facing a massive cash flow problem. ...

"This is where specialized holding company SinglePoint, Inc. (SING) comes in. The mobile technology provider is developing (http://nnw.fm/2wJlF) a proprietary bitcoin exchange system aimed at solving payment processing issues in high-risk markets including the cannabis industry. This in-house solution will allow consumers to obtain bitcoin at any point of sale and will be available for use to any legal marijuana business in the 29 states and the District of Columbia where cannabis has been legalized. The proprietary system is built for SinglePoint by TopTal, a San Francisco-based freelance engineering company, and is designed to make instant Bitcoin-based purchases for customers who want to use their credit or debit cards instead of cash."

http://www.marketwired.com/press-release/networknewswire-announces-publication-discussing-bitcoins-potential-fill-void-federal-otc-pink-sing-2229495.htm

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