NetworkNewsWire Announces Publication Discussing the Diverse Services of Innovative Cannabis Stocks
NEW YORK, NY--(Marketwired - Oct 20, 2017) - NetworkNewsWire
("NNW"), a multifaceted financial news and publishing company, today announces the publication of an editorial featuring Global
Payout, Inc. (OTC: GOHE), a client of NNW that provides comprehensive payment solutions that can be fully customized for
virtually any domestic and international organization distributing money worldwide.
The publication, titled, "Standout Players Find Varied, Innovative Means of Serving the Marijuana Industry," discusses
companies offering innovative service solutions to the diverse cannabis industry.
To view the full publication, visit:
https://www.networknewswire.com/standout-players-find-varied-innovative-means-serving-marijuana-industry/
"Providing payments and transaction services to the cannabis industry,
Global Payout, Inc. (GOHE) is addressing a key need for cannabis vendors and consumers without ever touching
the marijuana plant. ... Global Payout recently announced (http://nnw.fm/KAd05)
that MoneyTrac is in the final stages of forming a new joint-venture partnership agreement with an established financial
institution to offer banking solutions to cannabis businesses, which would place MoneyTrac among very few companies possessing
the ability to do so. The chief reason behind the initial launch of MoneyTrac was to address the many challenges faced within the
cannabis industry, and Global Payout says the joint venture would enable MoneyTrac to deliver a greatly needed solution while
positioning the company to potentially secure various revenue-generating service agreements and both short- and long-term revenue
streams. Additionally, it will bolster the value of MoneyTrac's service offerings to cannabis clients.
"MoneyTrac has further indirectly entered the multibillion-dollar cannabidiol (CBD) market through a contract with H Smart
Inc., a division of Marijuana Company of America. H Smart develops and distributes cutting-edge wellness and CBD products and is
set to profit by using MoneyTrac's technology to pay commissions for its affiliates. It is anticipated that MoneyTrac will
experience significant revenue through this agreement during the current fiscal quarter.
"MoneyTrac has also partnered with BlazeNow, Inc., an advertising and data collection platform that connects cannabis-related
businesses with customers and patients. BlazeNow is a majority-owned subsidiary of MediaTechnics Corporation. Through this
partnership, MoneyTrac intends to pursue joint-revenue products and services and will pool each companies' resources to grow both
brands."
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 for domestic and international organizations distributing money worldwide. In 2014, Global Payout introduced
its first online payment platform, called the Consolidated Payment Gateway (CPG), which allowed its enterprise clients to
transfer money to international bank accounts, mobile accounts, and prepaid card accounts. The development of the CPG became the
foundation for the introduction of its new, state-of-the-art FINTECH payment system in 2017, designed for both online and mobile
applications to allow account holders to maximize an expanded suite of financial services and minimize operational costs. Global
Payout will continue to offer its FINTECH payment system to many vertical markets for support of foreign currency exchange and
digital currency, including ongoing support of the banking industry and international governments.
For more information, visit www.GlobalPayout.com.
About NetworkNewsWire
NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication
servers, (2)
NetworkNewsBreaks 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, NNW 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. NNW 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, NNW brings its clients unparalleled visibility, recognition and
brand awareness. NNW is where news, content and information converge.
For more information please visit https://www.NetworkNewsWire.com
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wherever published or re-published: http://NNW.fm/Disclaimer
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