A little under two weeks ago, we expressed interest in GLOBAL PAYOUT INC COM USD0.01(OTCMKTS:GOHE) for what the company calls a “state-of-the-art FINTECH payment system, designed for both online and mobile applications” and how that platform was applicable to the booming marijuana business.
The company’s majority owned subsidiary, MoneyTrac Technology, Inc. (MTRAC) which is working with Pegasus Fintech on the development of a cryptocurrency token specifically for the cannabis industry, has made another revelation that we feel is a quite synergistic match with its present projects.
GLOBAL PAYOUT INC COM USD0.01(OTCMKTS:GOHE)’s MTRAC subsidiary will also be working in collaboration with its PotSaver brand to launch a publication that will be developed exclusively for businesses operating in the emerging cannabis industry. It is MTRAC’s intent for the premier “PotSaver Biz” publication to be released before the conclusion of the first quarter of 2018 and will complement the Los Angeles edition of PotSaver that will be released on January 1, 2018.
The genesis of a PotSaver Biz edition was sparked from the considerable amount of interest the PotSaver brand at the MJ business conference held earlier this year in Las Vegas. The leadership at the Company and PotSaver garnered interest from the many different owners and operators of a wide variety of businesses in cannabis and the many ancillary services in the industry.
MTRAC COO, Vanessa Luna said, “One of our biggest takeaways from attending the MJBizCon was how much better the cannabis industry can be connected from a business perspective through a publication such as PotSaver Biz. This publication will provide many of these owners, who are operating virtually every type of business in the industry, from lighting equipment to security services, an effective platform to market their products and services to the specific owners of other businesses in the industry that are in need of exactly what they have to offer.”
MTRAC intends for PotSaver to immediately begin ramping-up the sales and marketing efforts required to support the successful launch of the premier PotSaver Biz edition by targeting the thousands of businesses and brands throughout the industry that can boost their market visibility through a paid listing in the publication. MTRAC also views the launch of this publication as another revenue stream that they believe will contribute to a strong first quarter in 2018. (Source: Globe Newswire)
In what we gather to be essentially a “MoneySaver” of the cannabis world, we really like the angle that GOHE’s subsidiary is taking to become more entrenched in the cannabis business. It will serve the company well when the cannabis payment solutions that are also in the works are ready to launch. We’ll be sure to keep our ears to the tracks for any further information on that particular aspect of the GOHE story.
Meanwhile, shares of GOHE stock have been on the rise considerably since we brought it up for the first time just a couple weeks ago. We’ve already seen a move from .017 to .037 (117.6%) in that short time, which has also been a period of considerable greater than average trading volume, and we will definitely be closely tracking the stock moving forward. Stay locked to Street Register for updates, and we’ll deliver important developments on GOHE as they unfold. In the meantime, if you’ve yet to sign up for our 100% free newsletter, do so now! Just enter your active email address into the box below and submit!
Disclosure: No one at Street Register has been compensated in any way for the publishing of this article, nor do we hold any position in GOHE stock, short or long.