SinglePoint, Inc. (OTCMKTS:SING) – The One Marijuana related stock that the market just found
About once a year or so, something comes along that defines the action for that year. In 2016, there’s no doubt what that “something” is: The cannabis craze. Marijuana-related stocks have been by far and away the biggest thing since sliced bread so far this year. The reason? Because nearly a third of the US population will be going to ballot boxes this week and voting on the future legal status of pot in America. According to recent polling, experts expect the legal sales market for pot to triple or quadruple overnight. Everything that has anything to do with marijuana has doubled, tripled, or quadrupled in the past few months. However, there’s one “pot stock” that the crowd totally missed until the company reminded the world last week that this may be one of the most interesting plays in the space. Now the crowd is starting to find SING in a big way.
However, what really interests us is the SingleSeed segment, a subsidiary of SING focused on providing credit card processing solutions for the cannabis industry.
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Emily is a graduate from Chicago with a B.A. in Business and Economics. Emily specializes in the biotech and health care sector, but also has a penchant for medical marijuana stocks, mining, retail, and automotive stocks, as well as personal finance and macroeconomic topics of interest.