This Sunday, most of the world rang in the New Year with the regular fanfare and rigamarole. Meanwhile, the former sovereign now most populous state of California celebrated in its own special way: by re-legalizing marijuana sales. California, the world’s 6th largest economy, now offers cannabis for purchase en mase 111 years after the 1907..
Retail Requirements for Cannabis in Washington, Colorado, California, Alaska, and Oregon As the Wild West experiences its second gold rush, fondly referred to as the “Green Rush,” everyone is trying to get a piece of the action. For those resilient, and deep-pocketed souls who commit to doing commerce in the cannabis space, the task is..
The numbers are in and the evidence is irrefutable: taxation and regulation of recreational cannabis equal healthy gains for state funds. These numbers are borderline unbelievable – below is a snapshot by state: Alaska Since the inception of recreational cannabis in October of 2016 Alaska has welcomed over $3 Million dollars in tax revenue. Figures are expected..
Gone are the days when a lonely Potstar could sit in quiet comfort, gazing listlessly upon a sea of white cotton amidst the forever blue sky, vaporizing her selected cannabis oils on a Southwest Airlines flight from Seattle, WA to Austin, TX. This time is referred to as “The good ol’ days.” A time that..
Recent years have delivered an unmatched wave of momentum in the ongoing state-by-state repeal of cannabis prohibition and as such, consumer markets are experiencing the ripple effect. Steady GDP growth in states with some form of legalized cannabis usage signifies localized economic health in keeping with the everchanging policies that govern the markets. Specific product..
SinglePoint Developing a Proprietary Bitcoin Exchange to Solve Payment Processing Issues in High Risk Markets
August 7th 2017 – SinglePoint Inc. OTC SING, is providing a first-hand look at the company’s new Bitcoin exchange aimed at solving the issue in payments issue plaguing the cannabis industry. Currently, there is no standard for payment processing the cannabis market. It is an underserved market with vast opportunity for technology to solve the..
How the Marijuana Revenue and Regulation Act Could Move the Cannabis Industry Forward A flurry of legislative activities in Q1 of 2017 ended with a coordinated, bi-partisan effort to effectively end federal prohibition of cannabis. The Marijuana Revenue and Regulation Act (MRRA) includes powerful provisions that would turn the tide for the cannabis industry. In..
The work to end marijuana prohibition has been steady this year. With 12 bills already introduced this early in the year, legislators are making good on Attorney General Sessions’ call for congress to change the marijuana laws. Here’s a short list of cannabis bills introduced in 2017: HR 1841: To provide for the regulation of marijuana..