Global Payout (OTC: GOHE) together with its wholly
owned subsidiary MTrac Tech Corporation this morning announced the formulation
of a strategic alliance with a Puerto Rico-based company to offer the signature
MTrac solution to the legal cannabis community. Since legalization, medical
marijuana in Puerto Rico has become a humming commercial sector; however,
limited banking support presents a particular problem. The MTrac system will
offer merchants the ability to pay tax bills and track business using
blockchain technology. “The company’s move into Puerto Rico, in my opinion,
signifies continued and growing acceptance in this industry and evidences the continued
expansion of MTrac as a key partner to regulatory agencies looking to bring
their legal cannabis industries into compliance,” CEO Vanessa Luna said in the
news release. “Over the last several months MTrac has shown, through continued
growth in revenue, expansion into new states and territories, and the
development of strategic partnerships, that they intend to bring MTrac to every
legal cannabis business out there.”
To view the full press release, visit http://ibn.fm/7RWh2
About Global Payout Inc.
Since the company’s inception in 2009, Global Payout, Inc.
has been a leading provider of comprehensive and customized prepaid payment
solutions. From 2014 to 2017 Global focused on identifying new state of the art
technologies in a variety of industry sectors and successfully helped launch
MoneyTrac Technology Inc. and other companies within the FinTech space. In
2018, Global completed a reverse triangular merger with MoneyTrac Technology
Inc. resulting in Global retaining the wholly owned subsidiary, MTrac Tech
Corporation. Global’s current focus is continuing to identify new business
opportunities while it reorganizes its future business endeavors. For more
information, visit the company’s website at www.GlobalPayout.com.
NOTE TO INVESTORS: The latest news and updates
relating to GOHE are available in the company’s newsroom at http://ibn.fm/GOHE
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