SinglePoint (SING) Expands into Legal Cannabis Market with Bitcoin Transaction Option; Invests in Equipment, Consulting Space

  • SING expands into multi-billion dollar retail cannabis sales industry
  • Partnership with First BitCoin Capital will overcome the cannabis industry’s banking roadblock by providing a cryptocurrency alternative
  • SING moves into cannabis equipment and consulting market through subsidiary Discount Indoor Garden Supply

Specialized holding company SinglePoint, Inc. (OTC: SING) is offering choice investment opportunities as it expands into the legal cannabis market. By overcoming a lack of banking options in the industry and entering the burgeoning field of consulting and supplies for legal cannabis growers, SinglePoint joins several other major companies including Scotts Miracle-Gro (NYSE: SMG) in the cannabis space.

A recent article explains the prime investment opportunities presented by SinglePoint’s investment into the legal cannabis space. Many enterprising investors are adding stocks in the legalized cannabis industry to their portfolios. Many categories of investment options in the new industry exist. However, two stand out, and SinglePoint is involved in both. Bitcoin, a digital currency, offers the ability to transfer funds free of…

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