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

Singlepoint, Inc. (SING) CEO Discusses Elizabeth Warren’s Cannabis Banking Proposal on MoneyTV with Donald Baillargeon
Singlepoint, Inc. (SING) CEO Discusses Elizabeth Warren’s Cannabis Banking Proposal on MoneyTV with Donald Baillargeon
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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 other U.S. senators from states around the country, recently penned a letter to the Financial Crimes Enforcement Network (FinCEN) calling for improved guidelines that enable legal marijuana businesses to access banking services. Notably, since the release of FinCEN’s most recent guidelines in 2014, less than three percent of the nearly 12,000 federally regulated banks and credit unions have decided to serve the cannabis industry.

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Tags
["Biotechs/Pharma", "Cannabis Focus", "Cannabis Industry"]
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