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Posted On: 02/14/2017 8:56:16 AM
Post# of 7058
$SING After introducing SinglePoint's mobile payments operations, CEO Greg Lambrecht briefly discusses his professional background and explains how the company's SingleSeed Payments subsidiary got started in the cannabis industry.
"Two years ago we were using our merchant processing ability, and we were placing terminals in dispensaries in Washington and Oregon and Colorado. The banks shut that down, and with the recent elections in November...that business is expected to grow from $5 billion to $50 billion to quite possibly $100 billion," he says.
https://finance.yahoo.com/news/networknewswir...00765.html
"Two years ago we were using our merchant processing ability, and we were placing terminals in dispensaries in Washington and Oregon and Colorado. The banks shut that down, and with the recent elections in November...that business is expected to grow from $5 billion to $50 billion to quite possibly $100 billion," he says.
https://finance.yahoo.com/news/networknewswir...00765.html
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