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Posted On: 04/24/2018 6:33:28 PM
Post# of 1137
NetworkNewsBreaks – SinglePoint, Inc. (SING) Details Latest Developments Related to Cannabis Payment Solutions Platform
Specialized holding company SinglePoint, Inc. (OTCQB: SING) this morning announced the latest developments related to its cannabis payment solutions platform alongside a flurry of cannabis-related news released by members of various political parties over the past week. As noted in the update, SinglePoint has been aggressively seeking opportunities in the cannabis market since 2014, and the company recently integrated a standalone point of sale terminal designed to give merchants the ability to accept bitcoin as a payment option. This sustained push to streamline payment processes within the cannabis industry complements recent efforts by political leaders seeking cannabis reform. Among the politicians who are now on the side of cannabis industry reform are Former Speaker of the House Rep. John Boehner (R-OH), Senate Minority Leader Chuck Schumer (D-NY) and Sen. Bernie Sanders (I-VT). “This is exactly what we have been waiting for and what the industry needs,” Greg Lambrecht, founder and CEO of SinglePoint, stated in the news release. “As we continue to develop solutions to help ease the banking issues, we welcome new regulations that may make that easier such as de-scheduling the plant and allowing banks to work with these businesses.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Specialized holding company SinglePoint, Inc. (OTCQB: SING) this morning announced the latest developments related to its cannabis payment solutions platform alongside a flurry of cannabis-related news released by members of various political parties over the past week. As noted in the update, SinglePoint has been aggressively seeking opportunities in the cannabis market since 2014, and the company recently integrated a standalone point of sale terminal designed to give merchants the ability to accept bitcoin as a payment option. This sustained push to streamline payment processes within the cannabis industry complements recent efforts by political leaders seeking cannabis reform. Among the politicians who are now on the side of cannabis industry reform are Former Speaker of the House Rep. John Boehner (R-OH), Senate Minority Leader Chuck Schumer (D-NY) and Sen. Bernie Sanders (I-VT). “This is exactly what we have been waiting for and what the industry needs,” Greg Lambrecht, founder and CEO of SinglePoint, stated in the news release. “As we continue to develop solutions to help ease the banking issues, we welcome new regulations that may make that easier such as de-scheduling the plant and allowing banks to work with these businesses.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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