SinglePoint’s (SING) Bitcoin Payment App Highlighted in CNBC Article – Offers Alternative to Cash-only Cannabis Industry
New cryptocurrency app allows cannabis dispensaries to accept electronic bitcoin payments Legal marijuana market predicted to hit $24.5 billion in North America by 2021 Convergence of cryptocurrency and cannabis industry meet in SingleSeed subsidiary Publicly traded holding company SinglePoint, Inc. (OTC: SING) and its innovative SingleSeed app – designed to allow cannabis dispensaries and customers to exchange funds using debit and credit cards via the vehicle of bitcoin – is singled out in a CNBC article highlighting the industry’s ongoing need for an alternative banking solution (http://cnw.fm/3bA32). Three years ago, SinglePoint placed terminals in medical marijuana dispensaries, so consumers could…