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NetworkNewsBreaks – Global Payout, Inc. (GOHE) a

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Posted On: 04/23/2019 4:40:52 PM
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Posted By: NetworkNewsWire
NetworkNewsBreaks – Global Payout, Inc. (GOHE) and MTrac Going Global with Puerto Rico Expansion

Global Payout (OTC: GOHE) together with its wholly owned subsidiary MTrac Tech Corporation this morning announced the formulation of a strategic alliance with a Puerto Rico-based company to offer the signature MTrac solution to the legal cannabis community. Since legalization, medical marijuana in Puerto Rico has become a humming commercial sector; however, limited banking support presents a particular problem. The MTrac system will offer merchants the ability to pay tax bills and track business using blockchain technology. “The company’s move into Puerto Rico, in my opinion, signifies continued and growing acceptance in this industry and evidences the continued expansion of MTrac as a key partner to regulatory agencies looking to bring their legal cannabis industries into compliance,” CEO Vanessa Luna said in the news release. “Over the last several months MTrac has shown, through continued growth in revenue, expansion into new states and territories, and the development of strategic partnerships, that they intend to bring MTrac to every legal cannabis business out there.”

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