Any fast-growing business needs an operational framework to help it develop and better serve its customers, and the marijuana industry is no different. As the legal cannabis market continues its impressive expansion, a growing number of companies are emerging to form a legal support framework of related technology and ancillary services that are driving the industry toward an efficient and profitable structure. Companies such as SinglePoint, Inc. (SING) (SING Profile), MassRoots, Inc. (MSRT), mCig. Inc. (MCIG), Rocky Mountain High Brands, Inc. (RMHB) and Innovative Industrial Properties, Inc. (IIPR) are branching out into different segments of the industry, determined to make the most of one of America’s fastest growing markets.
SinglePoint (SING) is an ancillary service provider that does not directly touch the cannabis plant. Based in Nevada, SinglePoint has been involved with the legal marijuana market for a while, and, as the market showed signs of exponential growth, the company has taken a more active role. As a direct result of last year’s election, which made marijuana legal in a greater number of states, SinglePoint reactivated its SingleSeed Payments subsidiary, with the goal of…
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