NewsRoom Articles - Page 583 of 586

WednesdayJan 11, 2017 8:30 am

Senate Banking Committee Could Pave the Way to a Bankable Marijuana Industry

Last month, a letter signed by 10 U.S. senators arrived on the desk of Jamal El-Hindi, the acting director of the Financial Crimes Enforcement Network (FinCEN), requesting guidance on how banking services might be offered to “indirect businesses” – such as SinglePoint, Inc. (OTC: SING), Medical Marijuana, Inc. (OTC: MJNA) and Cannabis Science, Inc. (OTC: CBIS) - that serve the state-sanctioned marijuana industry. The implications of such guidance also carry considerable potential for banking players ranging from small financial institutions to bellwether banks like Bank of America (NYSE: BAC) and Citigroup (NYSE: C). The letter came at the prompting of…

FridayJan 06, 2017 3:51 pm

Singlepoint, Inc. (SING) CEO Discusses Elizabeth Warren’s Cannabis Banking Proposal on MoneyTV with Donald Baillargeon

Before the opening bell, Singlepoint, Inc. (OTC: SING) was announced as a featured company on this week’s episode of MoneyTV with Donald Baillargeon. MoneyTV is an internationally syndicated television program about “money and what makes it happen.” The show includes informative interviews with company CEOs, offering prospective investors insight into their operations and outlooks for the future. To view this week’s program, visit www.MoneyTV.net In the interview, Greg Lambrecht, chief executive officer of Singlepoint, discussed the impact of Senator Elizabeth Warren’s ongoing push to grant the legalized cannabis industry access to banks and credit unions. Warren, in concert with nine…

TuesdayJan 03, 2017 10:30 am

Singlepoint, Inc. (SING) Kicks Off 2017 by Voicing Support for Congressional Push Calling for Banking Reform in the Cannabis Industry

Before the opening bell, Singlepoint, Inc. (OTC: SING) kicked off the new year by voicing its support for an ongoing congressional push calling for banking reform as it relates to the burgeoning legal cannabis industry. In mid-December, a group of 10 U.S. senators (http://nnw.fm/0Kbvs) from states across the country, including Alaska, Maine, Massachusetts, Minnesota, New Jersey, New York, Oregon, Vermont and Washington, issued a letter to the U.S. Department of Treasury’s Financial Crimes Enforcement Network (FinCEN) calling for changes that could facilitate comprehensive banking services for cannabis industry companies doing business in the 28 states that have already legalized marijuana…

FridayDec 16, 2016 3:27 pm

Singlepoint, Inc. (SING) CEO Comments on Company’s Above-Average Volume in Interview on MoneyTV with Donald Baillargeon

Before the opening bell, Singlepoint, Inc. (OTC: SING) was announced as a featured company on this week’s episode of MoneyTV with Donald Baillargeon. MoneyTV is an internationally syndicated television program about “money and what makes it happen.” The show includes informative interviews with company CEOs, offering prospective investors insight into their operations and outlooks for the future. To view this week’s program, visit www.MoneyTV.net In the interview, Greg Lambrecht, chief executive officer of Singlepoint, commented on the recent movement of the company’s stock, which has recorded above-average volume throughout much of the past two months. On November 4, in particular,…

WednesdayDec 14, 2016 1:16 pm

Singlepoint, Inc. (SING) Maintaining a Positive Outlook on the Future of Marijuana Sales Processing

Despite California still looking to Trump to address marijuana industry banking challenges, Singlepoint, Inc. (OTC: SING) is maintaining a positive outlook on the future of marijuana sales processing in the state. An article by Above the Law (http://nnw.fm/1D0hL) suggests that California may be able to secure bank accounts relating to cannabis businesses as long as the FinCEN cannabis banking guidelines from 2014 hold up and certain enterprising financial institutions become more willing to experiment. As a result of the passing of Proposition 64, many are confident that some of California’s financial institutions will be taking advantage of FinCEN’s 2014 guidelines…

ThursdayDec 08, 2016 2:35 pm

Singlepoint, Inc. (SING) on Standby as California Looks to Trump to Address Marijuana Industry Banking Woes

Now that residents of the Golden State have approved Proposition 64, California joins the District of Columbia and the states of Alaska, Colorado, Maine, Massachusetts, Nevada, Oregon, and Washington in legalizing the recreational use of marijuana for adults. Together, these eight states and the U.S. capital generate about one-quarter of U.S. gross domestic product (GDP). If they were one nation-state, that entity would rank as the world’s third largest economy. Based in one of those states, Nevada, Singlepoint, Inc. (OTC: SING) is poised to profit from these promising presentiments. It recently revived its SingleSeed subsidiary, which several years ago began…

ThursdayDec 08, 2016 12:00 pm

Signal Bay (SGBY) Starts Presentation at LD Micro Main Event

Signal Bay (OTC: SGBY) provides advisory, management and analytical testing services to the legalized cannabis industry in the United States. The company offers industry research; business and market intelligence; and advisory and consulting services, including license application support, regulatory compliance, market forecasts and operational insights. It also publishes industry information through online media, research reports and publications, and operates CANNAiQ.com, a business to business information portal, as well as MarijuanaMath.com, a general interest informational website. For more information, visit the company's website at www.signalbay.com. About CannabisNewsWire CannabisNewsWire (CNW) provides news aggregation and syndication, enhanced press release services and a full…

ThursdayDec 08, 2016 11:00 am

Vitality Biopharma (VBIO) Starts Presentation at LD Micro Main Event

Vitality Biopharma (OTCQB: VBIO) is focused on leveraging the power of cannabinoids to treat serious neurological and inflammatory disorders. The company has developed a new class of cannabinoid prodrugs (cannabosides), which upon ingestion can enable the selective delivery of THC and cannabidiol (CBD) to the gastrointestinal tract. Site-specific delivery could enable oral drug formulations of cannabinoids to provide therapeutic benefits while reducing or avoiding the systemic delivery of THC into the bloodstream. Currently, high concentrations of psychoactive THC in the brain limit the dose of cannabinoids that can be used elsewhere in the body for treatment of pain and inflammation.…

WednesdayDec 07, 2016 12:30 pm

Zoned Properties (ZDPY) Starts Presentation at LD Micro Main Event

Zoned Properties (OTC: ZDPY) is a strategic real estate company whose primary mission is to identify, develop and lease sophisticated safe and sustainable properties in emerging industries. Initially, the company has focused the majority of its resources on the development of properties and projects within the licensed medical marijuana industry. The core of ZDPY's business involves identifying and acquiring properties that exist within highly regulated zoning regions and could be candidates for re-zoning or long-term development deals with the local municipality. For more information, visit the company's website at www.zonedproperties.com. About CannabisNewsWire CannabisNewsWire (CNW) provides news aggregation and syndication, enhanced…

TuesdayDec 06, 2016 6:30 pm

Kush Bottles (KSHB) Starts Presentation at LD Micro Main Event

Kush Bottles (OTCQB: KSHB) provides packaging products and solutions to producers, processers and retailers operating in the regulated medical and recreational cannabis industry. Founded in 2010, the company has sold more than 100 million bottles and regularly services thousands of customers across the United States and Canada. The company primarily services the business-to-business market, which includes legally operated medical and adult-use dispensaries, growers and marijuana-infused product (MIP) manufacturers. Kush Bottles has no direct involvement with cannabis plants or extracts. For more information, visit the company's website at www.kushbottles.com. About CannabisNewsWire CannabisNewsWire (CNW) provides news aggregation and syndication, enhanced press release…