New York, New York--(Newsfile Corp. - December 22, 2017) - CannabisNewsWire
("CNW"), a multifaceted financial news and publishing company for the cannabis industry, today announces the publication of an
editorial featuring Global Payout, Inc. (OTC Pink: GOHE), a client of CNW and a leading provider of comprehensive and customized
prepaid payment solutions for domestic and international organizations distributing money worldwide.
The publication, titled, "Rapidly Growing Cannabis Market Has Massive Impact on Multiple Industry Sectors," highlights several
facets of the cannabis sector, including cultivation, product development, payment solutions, marketing and more.
To view the full publication, visit: https://www.cannabisnewswire.com/rapidly-growing-cannabis-market-massive-impact-multiple-industry-sectors/
The breadth of Global Payout's FINTECH solutions now ripples into the cannabis industry through the company's MoneyTrac
Technology, Inc. ("MTRAC") subsidiary, introduced in 2015 to provide alternative and high-risk enterprises with solutions to
manage everything from pin debit and virtual currency to compliance and cash flow logistics.
Global Payout continues to increase MTRAC's market reach, most recently announcing a collaboration with SinglePoint, Inc. a leading provider of full
service mobile technology and mobile payment solutions to multiple industries, including the legal cannabis market, with the
purpose of maximizing Global Payout's existing suite of financial solutions (http://nnw.fm/Ytav8), including those offered by MTRAC. … MTRAC is also collaborating with its PotSaver
brand, a supplier of medical cannabis listings, to launch a publication for the cannabis industry called PotSaver Biz. The first
Los Angeles release is scheduled for January 1, 2018, a timely endeavor as the State of California begins licensing recreational
marijuana sales next month.
Demonstrating the potential of cross-networking within the cannabis industry, MTRAC has also formed a referral partnership
agreement with GreenRush Group, Inc. This agreement is expected to provide MTRAC with a direct source of revenue from the
referral of cannabis-related businesses who secure a contract with greenRush for the use of its e-commerce payment platform, and
Green Label Platform.
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 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, for both online and mobile applications to allow account
holders to maximize an expanded suite of financial services and minimize operational costs. Global will continue to offer their
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 CannabisNewsWire (CNW)
CannabisNewsWire ("CNW") is a specialized information service that (1) aggregates cannabis news, (2) provides CannabisNewsBreaks that quickly updates investors in the space, (3)
enhances corporate press releases, (4) helps companies with distribution and optimization of social media, and (5) delivers
comprehensive corporate communication solutions. CNW is uniquely positioned in the cannabis market with a strong team of
journalists and writers who can help private and public companies reach a wide audience of investors, consumers, journalists and
the general public through our ever-growing dissemination network of more than 5,000 key syndication outlets. CNW is bringing
unparalleled visibility, recognition and content to the cannabis industry.
For more information please visit https://wwwCannabisNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever
published or re-published: http://CNW.fm/Disclaimer
Forward-Looking Statements
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and
Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are
based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned
not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof.
In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this
release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to
differ materially from those indicated in the forward-looking statements.
CNW Contact:
CannabisNewsWire (CNW)
Denver, Colorado
www.CannabisNewsWire.com
303.498.7722 Office
Editor@CannabisNewsWire.net
