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.”
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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
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