New York, New York--(Newsfile Corp. - May 25, 2018) - CannabisNewsAudio announces the Audio Press Release (APR) titled
"Opportunities for Growth Found in Burgeoning Cannabis Industry," featuring Global Payout, Inc. (OTC Pink: GOHE).
To hear the NetworkNewsAudio version, visit http://cnw.fm/3WgfK
To read the original editorial, visit http://cnw.fm/rTy5N
In addition to its involvement with PotSaver, Global Payout and MTRAC continue to lead the way in providing financial services
for cannabis companies. Though the use and sale of medical marijuana is legal in 29 states (http://cnw.fm/c6Drq), federal legislation remains the same as when cannabis was
included as part of the government's intense war on drugs. Consequently, most financial institutions refuse to provide services
to cannabis companies for fear of prosecution.
This means that cannabis merchants have been forced to work in a cash-only economy, creating both inefficiencies and higher
risks of fraud, theft and accounting errors. As a result, cannabis companies have been searching for alternative payment methods.
Global Payout and MoneyTrac technology are moving to provide that service.
A technology and business development company whose motto is "Key to Cashless™," MoneyTrac works to provide an alternative to
the more traditional banking and electronic finance options. In order to do so, MoneyTrac has leveraged blockchain technology,
the leading way of transferring value outside of the mainstream banking sector. Blockchain is a distributed ledger system — a
form of data keeping where responsibility for the record is shared across a network rather than kept in one place.
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
