NEW YORK, May 24, 2018 (GLOBE NEWSWIRE) -- via CannabisNewsWire -- CannabisNewsWire ("CNW"), a multifaceted financial news and publishing company, today announces
the publication of an editorial featuring Global Payout, Inc. (OTC:GOHE), a client of CNW and a leading provider of comprehensive
and customized prepaid payment solutions for domestic and international organizations distributing money worldwide.
To view the full publication, titled “Opportunities for Growth Found in Burgeoning Cannabis Industry,” visit: http://cnw.fm/rTy5N
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One of Global Payout’s most recent forays into the industry is its involvement — through partner MoneyTrac Technology (MTRAC)
— with PotSaver, a southern California-based community magazine that provides information about discounted cannabis-related
products for local dispensaries and shops. Moving forward, MTRAC will provide Pot Saver with fundamental support and guidance
needed to execute its strategy (http://cnw.fm/8WqxF).
“With the medical and recreational cannabis industry growing at an unprecedented rate in California, we are determined to be
conscious of the multiple opportunities that currently exist, or that we can create for MoneyTrac to further expand its brand
throughout the industry as well as tap into every available revenue source possible,” said MTRAC COO Vanessa Luna. “This
agreement with Pot Saver is an excellent opportunity for us to offer the industry-specific business development expertise we
have acquired to help further PotSaver’s go-to-market strategy, while simultaneously creating a new source of revenue for our
company as we continue to expand our own brand throughout the industry.”
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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 Corporate Communications Contact:
CannabisNewsWire (CNW)
Denver, Colorado
www.CannabisNewsWire.com
303.498.7722 Office
Editor@CannabisNewsWire.net
