$SING SinglePoint also recently acquired an intere
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Posted On: 04/05/2017 3:25:51 PM
$SING SinglePoint also recently acquired an interest in the California-based Convectium, a profitable provider of equipment, branding and packaging solutions for the cannabis industry. Convectium is the developer of the first-ever cartridge and vape pen oil filling machines created for wholesale distribution to marijuana dispensaries. The company’s 710Shark and 710Seal machines are able to fill and package more than 100 cartridges or disposable vape pens in 30 seconds. These machines are sold to dispensaries through the EquipCanna.com brand. Convectium further operates a consumer brand that includes BlackoutX and HazeSticks and reaches customers in more than 52 countries.
This diversified, “hands-off” approach shields SinglePoint against any legal repercussions, should the federal government surprise with a clampdown on the marijuana industry.
“There’s no reason why they would ever come after us. We provide all of the products these dispensaries need to do business, but we don’t touch the plant,” Lambrecht told The Hill (4).
https://www.networknewswire.com/marijuana-mar...potential/
This diversified, “hands-off” approach shields SinglePoint against any legal repercussions, should the federal government surprise with a clampdown on the marijuana industry.
“There’s no reason why they would ever come after us. We provide all of the products these dispensaries need to do business, but we don’t touch the plant,” Lambrecht told The Hill (4).
https://www.networknewswire.com/marijuana-mar...potential/
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