Global Payout, Inc. (OTC: GOHE), alongside wholly owned subsidiary MTrac Tech Corp., this morning announced that MGR2, LLC, the government relations team engaged by the company, has made significant strides in recent weeks toward incorporating language regarding blockchain in state assembly bills to aid in the development of cashless ecosystems for legal cannabis businesses. “The goal of every legislature intending to implement either medical or recreational cannabis is to do so in a responsible manner that provides for the safety and security of the businesses operating in the industry and the community at large,” MGR2 founder Barry Lefkowitz stated in the news release. “The system that MTrac brings to the table does just that while also offering legislators an opportunity to approve a digital payment system that helps to ease concerns of regulatory oversight related to a cash-heavy industry… It is, in my opinion, a uniquely valuable tool that any government would do well to utilize.”
To view the full press release, visit http://cnw.fm/J7d3t
About Global Payout, Inc.
From 2014 to 2017 Global focused on identifying new state of the art technologies in a variety of industry sectors and successfully helped launch MoneyTrac Technology Inc. and other companies within the FinTech space. Global’s current focus is continuing to identify new business opportunities while it reorganizes its future business endeavors. For more information, visit the company’s website at www.GlobalPayout.com
More from CannabisNewsBreaks
About CannabisNewsWire
CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.
To receive instant SMS alerts, text CANNABIS to 21000 (U.S. Mobile Phones Only)
For more information please visit https://www.cannabisnewswire.com
Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW, wherever published or re-published: http://CNW.fm/Disclaimer
CannabisNewsWire (CNW)
Denver, Colorado
www.cannabisnewswire.com
303.498.7722 Office
Editor@CannabisNewsWire.com
