- Company plans to start processing cannabis payments from subsidiary SingleSeed Payments by January 2018
- Goal is to build a fully integrated solution for cannabis businesses to help manage day-to-day operations from beginning to end
- SING plans more acquisitions in 2018, investing a significant amount of equity and cash into additional companies
SinglePoint, Inc. (OTC: SING) has been cited by the The Greensheet Online Edition for building a “soup-to-nuts” platform for payment processing in the cryptocurrency and cannabis industries (http://cnw.fm/9qlqE). The goal, according to Wil Ralston, SING president, is to have a “fully integrated solution for businesses to manage their day-to-day operations from beginning to end.” Greensheet prominently mentioned SinglePoint in a section titled, “Workarounds Emerging.” It detailed how SinglePoint is a company offering solutions to the cryptocurrency and cannabis industries.
“We already have all the pieces in place to get a credit-debit card solution up and running,” Ralston said. He added that SING is experimenting with a mobile solution for payment processing from subsidiary SingleSeed Payments. It focuses on cannabis dispensaries that have a proprietary…
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