SinglePoint (OTCQB: SING) today announced that it is ramping up its effort to meet in bound demand for hand sanitizer and other sanitizing products. According to the update, SinglePoint recently entered into an LOI that quickly progressed to a JV Agreement (“JV”) with Box-Bioscience that will provide both parties the capability to enhance supply and expand sales opportunities of hand sanitizer. With successful rollout of Klen, SinglePoint has been approached by larger retailers to supply bulk products, setting the stage for a JV between the two companies to supply hand sanitizer manufactured to current FDA guidelines. Box, with new sales and inquiries happening daily, has already completed orders with multiple accounts, including segments of Fortune 500 companies around the nation. “We are excited to work with SinglePoint to expand and grow our collective business. We have seen multiple Purchase Orders and we expect an increase over the coming months as many retailers and businesses change protocols around sanitizing,” Box Bioscience Founder Ryan Cowell said in the news release. “This is a true B2B play with nearly all businesses needing hand sanitizer for customers and employee’s protection.”

To view the full press release, visit http://cnw.fm/wcV25

About SinglePoint, Inc.

Founded in 2011 SinglePoint, Inc. invests in and acquires brands and companies that will benefit from injection of growth capital and the sales and marketing expertise of SinglePoint. The company portfolio currently includes solar, hemp and technology applications. SinglePoint is working to grow the company to a multi-national brand. For more information, visit the company’s website at www.SinglePoint.com.

NOTE TO INVESTORS: The latest news and updates relating to SING are available in the company’s newsroom at http://cnw.fm/SING

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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Charlotte Figi, the girl who inspired a CBD movement and had a marijuana strain named after her recently passed away from coronavirus related complications. She suffered from Dravet syndrome, a rare and hard to treat form of childhood epilepsy. The condition left her overcome with horrific seizures, and she was finally able to find some relief from the Charlotte’s Web marijuana strain.

Her passing was announced on her mother, Paige Figi’s, Facebook group by a family friend. Several members of her family had previously tested positive for the virus, and after a short stint in the hospital, the 13 year old was discharged. However, she fell ill again and passed away among friends and family.

“Charlotte had a seizure in the early morning on April 7th resulting in respiratory failure and cardiac arrest. Seizures are not uncommon with COVID-19 and paramedics were called returning us to the PICU,” said the statement.

“Her fighting spirit held out as long as it could and she eventually passed in our arms peacefully. Charlotte is no longer suffering. She is seizure-free forever. Thank you so much for all your love,” the mother’s friend concluded.

The Stanley brothers, the Colorado-based marijuana farmers who crossbred the high-CBD and low-THC strain that changed Charlotte’s life posted a memorial on their website.

“Charlotte was ten feet tall and carried the weight of the world on her shoulders. Inspiring is a lacking word, as are courageous and vivacious and strong and beautiful,” they wrote.

“She grew, cultivated by a community, protected by love, demanding that the world witness her suffering so that they might find a solution. She rode every day, awakening others with the courage and with that smile that infected your spirit at the cellular level.”

In her memory, medical marijuana company Charlotte’s Web is donating $1 million worth of product to those in need.

“We are honoring Charlotte’s memory by helping those who are struggling. During this time of great financial strain, we want to ensure that everyone has continued access to the extracts that bear her name,” says the firm on its website.

“We are donating a million dollars’ worth of Charlotte’s Web products to those who use them but need help to continue doing so. Today we are giving Charlotte’s Web products to help those who are facing trying times. Our charitable partners at the Real or Caring, Adoptive, Training Foundation and High Fives Foundation will give Charlotte’s Web product to those in their communities and beyond.”

They added, “Our hope is that no child, mother, father, co-worker or friend goes without the support they need when it comes to their wellness during this time.”

Qualified applicants will get a coupon code valid for one bottle of Charlotte’s Web Original Formula, Extra Strength or Extra Strength Power capsules. They will be required to pay the $8.99 shipping and handling fee.

Analysts concur that the gesture made by Charlotte’s Web is heartwarming for the entire cannabis industry, including players like SinglePoint Inc. (OTCQB: SING), since they know how instrumental Charlotte Figi’s story was to the medical marijuana industry.

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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SinglePoint (OTCQB: SING) was featured on this week’s episode of MoneyTV with Donald Baillargeon. The internationally syndicated program covers money-focused topics, featuring various companies and in-depth interviews with CEOs and executives that offer insights into operations and future outlooks. MoneyTV is viewed in over 200 million households in more than 75 countries. Among other highlights from this week’s program, SinglePoint CEO Greg Lambrecht discussed finding opportunity in chaotic times. Discussing the impacts of covid-19, Lambrecht stated, “It forced the company to go virtual. We’ve had our phone operators set up meetings on GoToMeeting and, because of that, we’ve expanded from 13 states to 30 states in just the last two weeks. We’re starting to close deals, virtually, right over the internet.”

To view the full press release, visit http://cnw.fm/2ZPui

About SinglePoint, Inc.

Founded in 2011 SinglePoint, Inc (OTCQB: SING) invests in and acquires brands and companies that will benefit from injection of growth capital and the sales and marketing expertise of SinglePoint. The company portfolio currently includes solar, hemp and technology applications. SinglePoint is working to grow the company to a multinational brand. For more information, visit the company’s website at www.SinglePoint.com.

NOTE TO INVESTORS: The latest news and updates relating to SING are available in the company’s newsroom at http://cnw.fm/SING

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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SinglePoint (OTCQB: SING) today announced the completion of an S-1 registration agreement to raise up to $7,000,000 with certain limitations on the amount of each sale, once the registration has been deemed effective. According to the update, the Equity Agreement, on a look-back basis and with no make-up provisions, is a true non-toxic equity investment. “This has been a long time in the making and filing an S-1 with a leading financial firm represents achieving another significant milestone for SinglePoint. Filling the Form-10, becoming a fully reporting issuer, and uplisting to the OTCQB were all integral and essential steps that enabled us to access capital with a partner like GHS Investments at an attractive rate through this S-1 registration and equity agreement,” SinglePoint CEO and Chairman Greg Lambrecht said in the news release. “This is a major step for SinglePoint and our shareholders as we now have access to lower cost financing which ultimately lessens dilution to the market. We see this financing as a potential catalyst for SinglePoint to bolster and accelerate expansion into new markets. Our recent acquisition, Direct Solar America, and our proprietary consumer product 1606 Hemp are both gaining traction and revenue growth and access to capital will only enhance the market opportunities for both.”

To view the full press release, visit http://cnw.fm/JI4np

About SinglePoint, Inc.

Founded in 2011 SinglePoint, Inc (OTCQB: SING) invests in and acquires brands and companies that will benefit from injection of growth capital and the sales and marketing expertise of SinglePoint. The company portfolio currently includes solar, hemp and technology applications. SinglePoint is working to grow the company to a multinational brand. For more information, visit the company’s website at www.SinglePoint.com.

NOTE TO INVESTORS: The latest news and updates relating to SING are available in the company’s newsroom at http://cnw.fm/SING

About HempWireNews

HempWireNews (HWN) is a dedicated information provider focused on (1) aggregating hemp-related news, (2) issuing HempNewsBreaks designed to update investors on the latest developments in the hemp market, (3) enhancing corporate news releases, (4) providing full-service distribution and social media offerings to public and private client-partners and (5) designing and implementing all-inclusive corporate communication solutions. HNW is strategically positioned within the rapidly expanding hemp sector with a team of journalists working to help a growing roster of public and private companies reach a wide audience of investors, consumers and members of the media. We leverage a vast network of more than 5,000 key syndication outlets to deliver unparalleled visibility, recognition and content to the hemp industry. HempWireNews (HWN) is where HEMP news, content and information converge.

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The Coronavirus is turning out to be the cause of the biggest economic decline we’ve seen in a long time. On top of placing immense stress on the healthcare system, the virus has left all but the most essential businesses shut down. Millions of Americans have already lost their jobs, and experts say it may take a while to get the economy back on track.

The state of Illinois has found a way to keep its rural pharmacies afloat during the crisis, and cannabis plays a big hand in it. Over time, the state has built up a rainy day fund, totaling $946 million, using funds from cannabis sales taxes. These funds will be used to keep rural pharmacies, which may be the only ones within miles, afloat during the coronavirus crisis.

Last month, Illinois State Comptroller Susan Mendoza announced that the state would release nearly $1 million to critical access pharmacies that serve rural communities. “Our ongoing effort to support rural competition and managed care policies now takes on added importance as communities fight the spread of the COVID-19 Coronavirus,” she said in a March 19 press release.

Rural pharmacies that receive low reimbursements from the state’s managed care pharmacies are more likely to be taken advantage of by bigger companies that set prices. This, coupled with the fact that they are dealing with increased demand and are required to take safety measures, may place undue strain on the rural pharmacies.

Under an already existing program to support the rural pharmacies, the payments started with a release of $4.7 million in July, later followed by $1.9 in December. The payments announced last month were made ahead of schedule to help buffer the pharmacies as the coronavirus crisis grew.

“Locally owned pharmacies, often the only pharmacies available for miles in any direction, are vital to stopping the spread of the coronavirus in rural communities. It’s more important than ever that we ensure these payments continue to go out so these small businesses can continue to be there for the people they serve,” Mendoza says.

According to Garth Reynolds, the Executive Director of the Illinois Pharmacists Association, drug stores affected by the declining economy had asked the Controller’s office for financial aid.

“The COVID-19 pandemic is a prime example of why community pharmacists are vital frontline health care providers in delivering medication and patient services. Critical access pharmacies will use the released funds to keep their doors open during the pandemic and serve their patients’ needs.”

Analysts see the way Illinois is using tax funds generated from the marijuana industry in the fight against COVID-19 as validation for what industry actors like SinglePoint Inc. (OTCQB: SING) have always indicated as the far-reaching effects of legalizing marijuana.

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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No one would ever have thought the new decade would dawn like this. Three months into the year, a novel Coronavirus that originated from Wuhan, China has infected over 2 million people and claimed at least 120,000 lives. Experts say the virus could end up infecting over 70% of the world’s population.

Once the gravity of the situation settled in, governments were scrambling to prevent the virus from spreading within their borders. One by one, they ordered lockdowns, requiring people to stay indoors unless they absolutely have to leave, and all but the most essential businesses have had to shut down. In most states that allow marijuana, medical and recreational marijuana were classified as essential businesses.

However, the state of Massachusetts classified recreational pot shops as non-essential, with officials stating it was to prevent out of state individuals from coming in and congesting the shops. A group of marijuana advocates has subsequently challenged Governor Charlie Baker’s order to close the recreational shops.

According to Northeastern University Law Professor Daniel Medwed, the basic legal argument was that for some people, recreational marijuana is as essential as going to the grocery or the pharmacy and that people use and rely on it to manage pain and ease anxiety.

“Some people, especially military veterans, are fearful that if they obtained a formal medical marijuana license that could jeopardize their receipt of federal benefits as marijuana is still illegal at the federal level. So they opt for recreational marijuana to help cure what ails them,” he says.

The advocates, consisting of five recreational marijuana companies and a military veteran who uses marijuana for pain relief, are asking for a declaration from the court that recreational marijuana is essential and an order preventing the governor from keeping the businesses closed. They insist they can implement social distancing, and other sanitization precautions used by liquor and medical marijuana stores.

Medwed suggested restricting access to both medical and recreational dispensaries to Massachusetts residents to prevent out of state infections, which was one of the Governor’s main issues. However, he conceded that the chances of the suit being successful were quite low, stating that the court wouldn’t want to set a precedent that would allow other industries to contest their ‘non-essential’ status.

It seems his prediction was spot on after a judge ruled that Governor Baker did indeed have the authority to close recreational marijuana stores. “It seems reasonable for the governor to be concerned that the relatively few recreational marijuana stores are going to attract high volumes of customers including people traveling from other states,” stated Superior Court Judge Kenneth Salinger.

This court ruling is likely to have come as a disappointment to sector players, such as SinglePoint Inc. (OTCQB: SING), who realize that lots of people who have been benefiting from the closed pot shops will now suffer additional hardships during the lockdowns.

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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SinglePoint (OTCQB: SING) today announced that an interview with its President Wil Ralston will air on The RedChip Money Report television program. Per the update, the interview is scheduled to air on Sunday, April 19, at 3 PM local time on Bloomberg International, available in 100+ million homes across Europe. Ralston provides insight into the company’s rapidly growing solar business in the exclusive interview, which will also air in the U.S. on the Family Channel at 6 PM on April 22, the Action Channel at 11 AM on Sunday, April 19, and is available via live stream on American Business TV.

To view the interview segment, visit http://cnw.fm/hdwA0

To view the full press release, visit http://cnw.fm/ipE6s

About SinglePoint, Inc.

Founded in 2011 SinglePoint, Inc (OTCQB: SING) invests in and acquires brands and companies that will benefit from injection of growth capital and the sales and marketing expertise of SinglePoint. The company portfolio currently includes solar, hemp and technology applications. SinglePoint is working to grow the company to a multinational brand. For more information, visit the company’s website at www.SinglePoint.com.

NOTE TO INVESTORS: The latest news and updates relating to SING are available in the company’s newsroom at http://cnw.fm/SING

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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Marijuana’s journey from prohibition to partial acceptance by some states has been long and difficult. Currently, dozens of states have medical marijuana programs, and even fewer allow adult recreational use within their borders. Still, the number is slowly growing, as evidenced by the numerous drug reform campaigns prior to the Coronavirus pandemic.

Virginia joins the list after the Governor announced on Sunday that he had approved a bill to decriminalize marijuana possession. It was passed by legislators and transmitted to his desk in March, and it would make possessing up to one ounce of cannabis punishable by a $25 fine with no threat of jail time and no criminal record.

Previously, the state punished simple possession with a maximum $500 fine, up to 30 days in jail and a criminal record.

The Governor, who has consistently expressed support for decriminalization, approved the legislation with no public signing ceremony due to the ongoing Coronavirus pandemic. Writing on Twitter, he said that he had ‘signed bold new laws to reform criminal justice in Virginia, including measures to raise the felony larceny threshold, permanently eliminate driver’s license suspensions for unpaid court fines and fees, raise the age of juvenile transfer to adult court, and reform parole.’

“Every Virginian deserves access to a fair and equitable criminal justice system, these bills combat mass incarceration, increase support for returning citizens, and ensure that those who have paid their debt to society have a meaningful second chance,” he concluded.

Non-profit organization NORML has registered its approval for the decriminalization bill. “Virginians have long opposed the criminalization of personal marijuana possession, and Governor Northam’s signature turns that public opinion into public policy,” says NORML Development Director Jenn Michelle, who also serves as the executive director of the state affiliate, Virginia NORML.

According to Senator Adam Ebbin, who spearheaded the efforts to amend the state’s possession laws in conjunction with House Majority Leader Delegate Charniele Herring, this is a major step forward for criminal justice reform in Virginia. “The prohibition on marijuana has clearly failed and impacts nearly 30,000 Virginians per year. It’s well past time that we stop doing damage to people’s employment prospects, education opportunities, and parental rights.”

Additionally, Delegate Herring stated that it is an important step in mitigating racial disparities in the criminal justice system.

“While marijuana arrests across the nation have decreased, arrests in Virginia have increased. This Niko will not eliminate the racial disparities surrounding marijuana, but it will prevent low-level offenders from receiving jail time for simple possession while we move toward legalization in the coming years with a framework that addresses both public safety and equity in an emerging market,” Herring commented.

Experts agree that the entire cannabis industry, including SinglePoint Inc. (OTCQB: SING), are happy that some good news for marijuana reform advocates is still seeping through despite the disruptions caused by the COVID-19 outbreak.

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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SinglePoint (OTCQB: SING) together with its solar subsidiary, Direct Solar of America, was featured in a sector snapshot by Investorideas.com, a global news source and leading investor resource covering cleantech and renewable energy stocks. The snapshot looks at how some companies in the solar and cleantech sector are adapting and thriving during the COVID-19 pandemic, with corporate sales to industry events going virtual. “The Direct Solar America management team did a great job re-positioning the company quickly in these uncertain times. Across various industries, companies are being forced to transform and adapt critical components of their business model to accommodate social and physical distancing due to COVID-19, scrambling to implement solutions that allow them to continue to operate,” SinglePoint CEO Greg Lambrecht said in the news release. “We are fortunate that we had identified this as a strategic need at the acquisition and the foresight to begin working on implementing this type of solution. We are encouraged that we have been able to retain most of our top sales professionals and can now give them the tools to succeed in virtual sales. Ultimately we believe this is a significant improvement in the process and will continue to drive the company to new levels in the future.”

To view the full press release, visit http://cnw.fm/6HdNs

About SinglePoint, Inc.

Founded in 2011 SinglePoint, Inc (OTCQB: SING) invests in and acquires brands and companies that will benefit from injection of growth capital and the sales and marketing expertise of SinglePoint. The company portfolio currently includes solar, hemp and technology applications. SinglePoint is working to grow the company to a multinational brand. For more information, visit the company’s website at www.SinglePoint.com.

NOTE TO INVESTORS: The latest news and updates relating to SING are available in the company’s newsroom at http://cnw.fm/SING

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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Most states with legal cannabis programs have deemed marijuana essential as the world grapples with the Coronavirus pandemic. To reduce new infections and curb the spread of the virus, numerous governments all over the world have ordered lockdowns of varying degrees. Residents have been advised to stay indoors unless they absolutely have to, and all but the most essential businesses have been closed for the time being.

Fortunately for the millions of patients who rely on medical marijuana, marijuana was included in this category. With the exception of Massachusetts which has only allowed medical marijuana stores to remain open, all the other states have deemed both medical and recreational pot essential.

A large percentage of medical marijuana patients are senior citizens and immunocompromised individuals, and this puts them at greater risk. To keep both them and the staff safe, states have taken extra steps to help reduce their contact. In Delaware, officials have recently allowed medical marijuana home delivery under an emergency program to ensure patients receive their medicine while limiting their exposure.

One company, Columbia Care, has stores in Wilmington, Smyrna, and Rehoboth Beach, and it is expected to begin home deliveries as soon as this week. Although the program has been rolled out under Delaware’s state of emergency declaration, regulators have stated that they intend to allow deliveries to continue even after the virus runs its course.

“The Office of Medical Marijuana is not establishing this as a convenience option, but as a stop-gap system to allow homebound and the most vulnerable patients to obtain products safely,” says Paul Hyland, Director of the State Office of Medical Marijuana. He added that although there are still a number of steps to be completed and no firm date has been set for when deliveries will begin, ‘Columbia Care is looking to launch delivery this week.’

The emergency program could ultimately expand to other in-state dispensaries like First State Compassion and Fresh Delaware. “However at this time, they were not in a position to accommodate delivery in the time necessary to respond to the current situation,” says Hyland.

He adds that patients won’t be forced to take any extra steps to register for Columbia Care’s delivery service.

Leading cannabis advocacy group NORML has registered its approval of the emergency measure, stating that it is thrilled, and it has urged officials to implement the plan quickly. The group has also asked patients to only use the delivery option if they simply cannot do curbside pickups.

“Please be mindful that for many patients this will be their only option. If you can facilitate the online ordering with pick up option safely, please continue to do so and save this service for those who need it most.”

Analysts see this quick response by the regulators in Delaware to expedite the start of home deliveries as something that will be applauded by sector players like SinglePoint Inc. (OTCQB: SING) who are concerned that the ongoing COVID-19 control measures will make it harder for the most vulnerable patients across the affected countries to access medical cannabis.

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