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Posted On: 05/20/2019 4:43:46 PM
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NetworkNewsBreaks – Global Payout Inc. (GOHE) Develops New Revenue Source in Highly Lucrative CBD Market
Global Payout Inc. (OTC: GOHE) today announced its development of a new, second revenue source derived from the multi-billion-dollar CBD industry. The new source stems from a recently executed Independent Sales Organization (“ISO”) agreement entered by the company and its technology partner, GreenBox POS (OTC: GRBX). According to the update, Global Payout will receive revenue directly under the new agreement in addition to revenue it already receives from its wholly owned subsidiary, MTrac Tech Corporation. “We have had our eye on this market for some time and are elated to have this opportunity to establish an entirely new revenue source for Global Payout,” Global Payout COO David Flores stated in the news release. “As encouraged as we are with the continued growth of MTrac from a revenue perspective, we recognize the importance in strategically developing revenue streams exclusive to Global for its long-term success and profitability. Expanding into CBD is, in my opinion, a very strategic and logical move on our part to begin capturing a portion of what is becoming a highly lucrative industry. From medical relief benefits, health and beauty products to pet supplements, CBD and the vast array of commodities it is now available in make this market an ideal fit.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Global Payout Inc. (OTC: GOHE) today announced its development of a new, second revenue source derived from the multi-billion-dollar CBD industry. The new source stems from a recently executed Independent Sales Organization (“ISO”) agreement entered by the company and its technology partner, GreenBox POS (OTC: GRBX). According to the update, Global Payout will receive revenue directly under the new agreement in addition to revenue it already receives from its wholly owned subsidiary, MTrac Tech Corporation. “We have had our eye on this market for some time and are elated to have this opportunity to establish an entirely new revenue source for Global Payout,” Global Payout COO David Flores stated in the news release. “As encouraged as we are with the continued growth of MTrac from a revenue perspective, we recognize the importance in strategically developing revenue streams exclusive to Global for its long-term success and profitability. Expanding into CBD is, in my opinion, a very strategic and logical move on our part to begin capturing a portion of what is becoming a highly lucrative industry. From medical relief benefits, health and beauty products to pet supplements, CBD and the vast array of commodities it is now available in make this market an ideal fit.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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