Uncategorized Archives - Page 218 of 221

ThursdayJan 19, 2017 1:25 pm

Singlepoint, Inc. (SING) Hopeful that New Administration Will Make Good on Medical Marijuana Support Promise

The recent nomination of U.S. Senator Jeff Sessions (R-AL) as attorney general has the marijuana industry worried, as Sessions is a vocal opponent of marijuana and has talked about enforcing federal laws to crack down on the marijuana market, even in states where the substance is legal. The Republican Senator has repeatedly spoken out against marijuana and has been a staunch opponent of it for decades. At a Senate hearing last year, he was even quoted as saying, “Good people don’t smoke marijuana.” There are fears that, if Sessions takes office, he will come down hard on the business by…

WednesdayJan 18, 2017 9:50 am

Mounting Support for Marijuana Banking Has Widespread Implications

Although 28 states have already legalized marijuana for medicinal or recreational use, the U.S. Drug Enforcement Administration (DEA) continues to label marijuana a Schedule 1 substance, along with heroin and LSD, making it illegal on a federal level. As a result, the banking industry has been slow to provide services to marijuana businesses, forcing many of these companies to operate on a cash-only basis. A "bankable" marijuana industry, however, would have widespread implications, including for companies like Singlepoint, Inc. (OTC: SING), Terra Tech Corp. (OTCQX: TRTC), OWC Pharmaceutical Research Corp. (OTCQB: OWCP), ChineseInvestors.com, Inc. (OTCQB: CIIX). Cash transaction businesses are…

TuesdayJan 17, 2017 6:00 pm

ChineseInvestors.com, Inc. (CIIX) is “One to Watch”

ChineseInvestors.com (OTCQB: CIIX) is a leading financial information website for Chinese-speaking investors in the United States and China. Taking advantage of mounting interest in the Chinese nutrition and health products market, CIIX is also launching the world's first online cannabidiol (CBD) health products store published in the Chinese language. CIIX provides a range of investor education products and services, including real-time market commentary, analysis and education-related services in Chinese language character sets; consultative services to smaller private companies considering becoming public companies; and advertising and public relation-related support services. These services bode well for the company as it invests its…

FridayJan 13, 2017 12:44 pm

MassRoots, Inc. (MSRT) Achieves Incredible Growth in 2016

MassRoots, Inc. (OTCQB: MSRT), a company offering cannabis enthusiasts the chance to share their cannabis content while staying connected with news and the latest legislation regarding the drug through a specialized social media platform and iOS application, has shown significant growth in the rapidly developing cannabis industry. According to a SeeThruEquity update (http://nnw.fm/f5kvA), MassRoots achieved phenomenal growth in 2016, with revenue reaching $794,621 during the first three quarters of 2016, compared to just $63,982 during the same period of the previous year. This performance was attributed to the company’s ability to monetize its users, which increased by 1,140% as compared…

ThursdayJan 12, 2017 1:55 pm

ChineseInvestors.com, Inc. (CIIX) Offers Unique Path to Global Chinese Investor and Consumer Market

Founded in 1999, and with offices in the U.S. and China, ChineseInvestors.com, Inc. (OTCQB: CIIX) acts as a growing Chinese-language investment information and services conduit to the global Chinese investor community. Primarily through its websites, the company provides different levels of investment information, both free and via subscription, including information on the U.S. market and foreign currencies, covering sectors as well as companies, real-time market news and analysis, quotes, charts, and research tools. The company is led by chairman and CEO Warren Wang, COO Brett Roper, CFO Paul Dickman, and Director James Toreson. The company’s stated mission is to ‘educate…

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…

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