The burgeoning legalized marijuana market is increasingly populated with unique contenders, and success in this market requires a high caliber of innovation that drives compounding potential for revenue growth, success and sustainability. SinglePoint, Inc. (OTC: SING) (SING Profile), for example, employs a diversified acquisition strategy in tandem with a plan to develop a cryptocurrency solution for the cannabis industry with First Bitcoin Capital Corp. (OTC: BITCF). Among other publicly traded standouts in this opportunity-rich market in the marijuana space are General Cannabis Corp. (OTC: CANN), GW Pharmaceuticals plc (NASDAQ: GWPH) and Golden Leaf Holdings Ltd. (OTC: GLDFF).
SinglePoint (SING) offers a compelling and diversified investment opportunity within the marijuana space, and is beginning to demonstrate its ability to generate revenues through strategic acquisitions. While some investors are leery of the risks of the federally illegal