NetworkNewsBreaks – Global Payout, Inc. (GOHE) S

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Enters JV Agreement with Integrated Compliance Solutions, LLC

Payment solutions company Global Payout, Inc. (OTC: GOHE), through majority-owned subsidiary MoneyTrac Technology, Inc. (“MTRAC”), this morning announced the completion of a joint venture partnership agreement with Integrated Compliance Solutions, LLC (“ICS”), a premier ‘Seed to Bank™’ provider of financial and regulatory compliance services and solutions for the retail cannabis industry. Per the update, MTRAC views the establishment of this JV partnership as a critical opportunity to fortify the compliance aspects of the banking solutions that are currently being co-developed by MTRAC and its strategic partners. “The importance of compliance in an industry that is so heavily regulated like retail cannabis is something that cannot be understated,” Vanessa Luna, CEO of MTRAC, stated in the news release. “The ICS team carries several years of valuable experience with them in the field of regulatory compliance solutions and financial technology services for banking, and their integration into the banking solutions we are dedicated to delivering to the cannabis industry is not only significant, but essential to our commitment of providing retail cannabis businesses with the most compliant and regulated banking solution available.”

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