Business
MTrac Signs Two of the Largest Cannabis Companies in the U.S and Paves the Way Into 3 New States
MTrac Signs Two of the Largest Cannabis Companies in the U.S and Paves the Way Into 3 New States.
About this update from Psyc Corporation
[{"type":"text","content":"\nSAN DIEGO, Nov. 26, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Global Payout Inc. (OTCPink:GOHE) (“Global”) and its wholly owned subsidiary MTrac Tech Corp. (“MTrac” or the “Company”) are pleased to announce that they are expanding into 3 new states with the signing of two new clients, both national brands that are two of the largest cannabis companies in the U.S.\n “We strive to work with companies whose goals and principles are aligned with the core values of our company,” said Vanessa Luna, CEO of MTrac. “We are solving some of the biggest financial challenges facing the industry, and I believe that a shared vision and key relationships with leading companies provides us with an opportunity to truly set a gold standard. With the deployment of our compliant and transparent payment processing and management system, we are solving the problems and addressing the risks associated with cash-heavy operations, while maximizing our value positions and enhancing customer/patient experience with secure and efficient transactions.”   MTrac’s two new clients are adding 10 dispensaries to its platform with another 15 projected to come aboard before year end, and both companies are looking to add about 50 more dispensaries to their rapidly growing organizations in 2019. “With these new locations in Arizona, Maryland, and Pennsylvania, we are expanding our operational footprint to six states,” said Ms. Luna. “Our organizational infrastructure and streamlined processes are allowing our company to rapidly scale with a steadily growing pipeline of new clients. Our team’s main focus is to continue working with industry leaders and to produce revenue on a much larger scale, with our eyes on mass market adoption.”  (MTrac does not have authorization to disclose their clients by name, therefore, only servicing disclosure is made herein.) About Global Payout, Inc. (OTC Pink:GOHE) 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. In 2018, Global completed a reverse triangular merger with MoneyTrac Technology Inc. resulting in Global retaining the wholly owned subsidiary, M...