SinglePoint, Inc. (SING) Remains Bullish Regarding Use of Bitcoin, Blockchain Technologies to Solve Cannabis Industry’s Payment Problems
Company’s bitcoin payments solution allows underbanked cannabis merchants to accept bitcoin-backed card transactions Proprietary bitcoin exchange soft-launched in November 2017; official launch scheduled for Q1 2018 Company recently announced LOI to acquire Bitcoin Beyond SinglePoint, Inc. (OTC: SING) has evolved from a full-service mobile technology provider to a publicly traded holding company, diversifying into horizontal markets and building a robust portfolio and a diversified holding base by acquiring an interest in undervalued subsidiaries. Through subsidiary company SingleSeed, SinglePoint is successfully offering products and services to the cannabis industry, including, notably, a proprietary bitcoin payments solution that enables both cannabis merchants…