Industry Leaders Riding High as Marijuana Demand Outpaces Supply
CBDWire Editorial Coverage: The legal marijuana market has been growing by leaps and bounds in North America. Sales jumped 30 percent in 2016, accounting for $6.7 billion in retail activity in the United States and Canada. For companies like SinglePoint, Inc. (SING) (SING Profile), which recently formed a joint venture with First Bitcoin Capital Corp. (BITCF), strategic marijuana-centered acquisitions are helping fuel corporate growth while increasing the availability of equipment and packaging and payment solutions for the broader marijuana market. The cannabis industry also benefits from the activities of American Cannabis Company, Inc. (AMMJ), a producer of a proprietary growing…