NetworkNewsBreaks – SinglePoint, Inc. (SING) Optimistic About the Future of Cannabis Banking as Sessions Resigns

SinglePoint (OTCQB: SING), a fully reporting technology company providing mobile payments, ancillary cannabis services and blockchain solutions, stated its optimism regarding the future of banking in the cannabis industry following the resignation of U.S. attorney general Jeff Sessions. SinglePoint is poised to take advantage of the opportunity to fill the need for a functional banking solution for the industry, as it currently handles traditional merchant processing for other businesses. “We are excited to see the possibility of what could happen with cannabis banking. This could present a major opportunity for SinglePoint to offer services we have been able to provide to other businesses for years. The biggest winner here could be the ancillary service provides and the potential access to banking,” SinglePoint President Wil Ralston stated in the news release.

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