Global Payout Inc. (GOHE) Subsidiary’s Public Initial Blockchain Offering Showcases Company’s Fintech Capabilities

SEC-regulated offering of digital tokens
Balance sheet funding program for fintech investments
Issuer (MoneyTrac subsidiary) focused on fintech for cannabis industry

With a public initial blockchain offering (“PIBCO”) now underway, Global Payout Inc. (OTC: GOHE) is showcasing its innovative prowess. A PIBCO is similar to an initial coin offering, except that the coins or tokens involved are treated as securities under federal laws. As a result, the rights and benefits represented by those digital assets are subject to SEC rules. Under the PIBCO, Global Payout’s majority-owned subsidiary, MoneyTrac Technology, Inc. (“MTRAC”), will offer tokens that provide share warrants of MoneyTrac Technology Inc. The company expects that the balance sheet funding program thus created will yield returns to token holders within two years.

Initial coin offerings (“ICOs”) have had enormous success in 2017. The 10 largest were able to raise over one billion dollars, according to Bloomberg (http://cnw.fm/0CBb2). Filecoin, a data storage network, raised $257 million, while Tezos, which has developed its own secure blockchain infrastructure, raised $232 million. Amazingly, there were over 200 ICOs in 2017, some of which, very likely, were of dubious value.

This snake oil environment has prompted Pegasus Fintech to develop a process for public companies to initiate regulatory-compliant ICOs, referred to as public initial blockchain offerings to distinguish them from their unregulated brethren. Pegasus Fintech, Inc. is an innovative blockchain and token accelerator focused on delivering solutions in the financial services, blockchain and emerging cryptocurrency market sectors. With the PIBCO being subject to some SEC oversight, investor risk may be mitigated.

Compliance with federal securities laws is an essential requirement when funds are raised in the capital markets. Generally, any offer or sale of a security must either be registered with the SEC or meet an exemption. Regulation D, under the Securities Act of 1933, provides a number of exemptions from the registration requirements. However, notification of the issue and sale of the securities must be given to the SEC.

The MTRAC offering has been made under Rule 506(c) of Regulation D, which limits participation to “accredited investors” (http://cnw.fm/w7pJM). An individual is considered an “accredited investor” if he or she has earned income that exceeded $200,000 (or $300,000 together with a spouse) in each of the prior two years and reasonably expects the same for the current year or has a net worth over $1 million, either alone or together with a spouse (excluding the value of the person’s primary residence and any loans secured by the residence (up to the value of the residence)).

The funds raised in this offering will, most likely, be invested in a fashion similar to some recent business deals. For example, Global Payout’s MoneyTrac subsidiary has acquired a majority stake in PotSaver, a periodical that provides listings on discounted cannabis-related products for local dispensaries and shops. Global Payout’s MoneyTrac division is aiming to become the most recognized brand for financial technology solutions in the cannabis industry. In addition, MTRAC has entered into an exclusive partnership with GreenBox POS, LLC (“GBOX”), a blockchain company, to provide strategic sales and marketing resources. MTRAC is set to launch GBOX services in the U.S., Canada and Mexico in April 2018. GBOX’s customized payment solutions, electronic modifications and custom-built blockchain kiosk machines fall in perfectly with MTRAC’s mission of ‘Banking the Unbankable’.

Global Payout has certainly come a long way since its inception in 2009. The company quickly became a leading provider of customized prepaid payment solutions for domestic and international organizations that distributed money across the globe. In 2014, it introduced its first online payment platform, called the Consolidated Payment Gateway (“CPG”), which allowed enterprise clients to transfer money to international bank accounts, mobile accounts and prepaid card accounts. Global Payout’s CPG has become the foundation for the introduction of its new, state-of-the-art fintech payment system in 2017, for both online and mobile applications that allow account holders access to an expanded suite of financial services. A look at how the company is applying blockchain for smart solutions is available in a recent Audio Press Release (http://cnw.fm/fNfa0).

For more information, visit the company’s website at www.GlobalPayout.com

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Global Payout Inc. (GOHE) has Many Fingers in the Fintech Pie

Global Reserve Platform offers ‘Banking-in-a-Box’ web-based technology
Capability to provide a wide range of financial product solutions
Strategic focus on freight forwarding and shipping

In the 16th century, the Belgian city of Antwerp, enthused by the entrepreneurial spirit of its burghers, became ‘the center of the entire international economy’. That innovative force made the city the diamond capital of the globe and the location of the world’s oldest stock exchange building, which is in operation to this day. The port of Antwerp, one of the largest in the world, is testing a blockchain system designed to make the handling of containers more efficient and secure. Developments like these herald the ‘rise of the smart port’, according to one commentator (http://cnw.fm/Mn4Dd), for it shows the immense potential of fintech and blockchain to streamline the multitude of processes involved in shipping freight. Reducing the frictions encountered in logistics, shipping and freight forwarding is a major goal of Global Payout Inc. (OTC: GOHE), as well. The company has established a division to provide fintech services to underserved supply chain entities. Through it, Global Payout offers freight forwarders, government contractors, motor carriers, customs brokers, and third party logistic providers online access to funds for working capital.

Global Payout has already made its mark in the fintech industry. Its menu of offerings ranges over a variety of state-of-the-art software solutions aimed at companies involved in processing money remittances, wire transfers, bill payments, business-to-business payments, currency exchange, e-wallet payments and other types of financial transactions. Fortified by a collaboration with First American Electronic Payment Solutions, Inc., the company was able to introduce a customizable, ‘banking-in-a-box’ web-based platform. Its Global Reserve Platform (“GRP”) offers the capability to execute the front-to-back office processing requirements of domestic, foreign exchange and international payment service providers and is expected to improve workflow, operational efficiencies and global financial management for enterprises operating across the globe.

Recently, Global Payout published details of a joint venture agreement between its majority-owned subsidiary, MoneyTrac Technology, Inc. (“MTRAC”), and GreenBox POS, LLC (“GBOX”) (http://cnw.fm/38RjF). GBOX is a technology company that builds end-to-end suites of financial products that can benefit almost any industry. Churning out a string of innovations, the software developer has been awarded five provisional patents for its technologies. The company has the capability to modify existing point-of-sale systems and is presently offering custom-built blockchain kiosk machines. Under the terms of the agreement, MoneyTrac will provide sales and marketing support to GBOX.

MoneyTrac has been cutting other deals, too. Last year, it signed an agreement with H Smart Inc. under which H Smart Inc. will use MTRAC’s financial technology platform. H Smart, a division of Marijuana Company of America (OTC: MCOA), is a developer and distributor of innovative wellness and cannabidiol products. The technology available on MTRAC’s platform, employing software developed and provided by MTRAC, will allow H Smart to pay commissions to its affiliates (http://cnw.fm/GbJb5).

As Global Payout expands its network of business partners, its revenue streams multiply. The company continues to explore avenues through which its payment and transaction processing systems may reduce costs and improve client satisfaction, such as freight forwarding and shipping. Shipping a container typically involves over 20 different parties and over 100 different transactions. Since many of these interactions are carried out by email, phone and fax, paperwork accounts for a substantial part of container transport costs. However, blockchain solutions like those being developed by Global Payout could limit intermediary involvement and thus substantially reduce transaction costs.

For more information, visit the company’s website at www.GlobalPayout.com

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Global Payout, Inc. (GOHE) Leading the Way in Fintech Solutions

A fintech company focused on next-generation B2B international solutions
MoneyTrac Technology and GreenBox POS working to provide optimal payment technologies
A global financial eco-system, top-tier banking institutions and high-level financial technology partnerships

Global Payout, Inc. (OTC: GOHE) is an innovative fintech company providing fully customized comprehensive payment solutions for both domestic and international organizations transferring funds throughout the world. The focus is on next-generation B2B solutions for automating international fund transfers, payments, billing and invoicing processes. The Global Reserve Platform (“GRP”) is the company’s offering for managing financial products. GRP provides blockchain technology within virtual currency markets such as bitcoin, is currently available in 26 foreign languages, performs currency exchanges worldwide and offers KYC-compliance for all account holders and merchants.

In a news release, Global Payout CEO James Hancock shared that GOHE’s primary targets for expansion include logistics, cryptocurrency and cannabis (http://cnw.fm/w3KjO). GOHE is working hard to transform, overhaul and digitize the massive and global logistics and supply chain industry. It is focused on optimizing efficiency for its customers and partners by creating strategic technological solutions.

MoneyTrac Technology, Inc. (“MTRAC”), a subsidiary of GOHE, has entered into an exclusive partnership with GreenBox POS, LLC (“GBOX”), a blockchain company, to provide strategic sales and marketing resources. MTRAC is set to launch GBOX services in the U.S., Canada and Mexico in April 2018. GBOX’s customized payment solutions, electronic modifications and custom-built blockchain kiosk machines fall in perfectly with MTRAC’s mission of ‘Banking the Unbankable’. Since 2009, Global Payout has developed and sought out comprehensive and customized prepaid payment solutions for their customers and partners worldwide. This JV Agreement with equity and exclusivity in sales and marketing between MTRAC and GBOX positions the company to continue offering the solutions needed to run businesses with optimum efficiency (http://cnw.fm/H5gcC).

GOHE’s aim is to deliver a global financial eco-system with top-tier banking institutions through high-level financial technology partnerships. From the beginning, it has been dedicated to developing technological software solutions that have positioned the company to now address the many different needs in a changing and growing global economy. GOHE is committed to leading the way in fintech solutions.

For more information, visit the company’s website at www.GlobalPayout.com

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SinglePoint, Inc. (SING) Details OTCQB Uplisting, New Board Appointment

Recent uplisting to the OTCQB Venture Market improves company profile
New board appointment of Mr. Venugopal Aravamudan, with over 25 years of experience in technology development with major companies
SinglePoint will leverage this experience to expand its reach into global markets

On February 14, 2018, SinglePoint, Inc. (OTCQB: SING) released an update for shareholders regarding its recent uplisting to the OTCQB Venture Market (http://cnw.fm/w8eUZ). With a market cap of just over $65 million, the company is currently busy completing its 2017 audit for the imminent reporting of its financial results. SinglePoint places great importance on becoming fully reporting so as to increase transparency and improve credibility with shareholders. This way, the company will increase its exposure to institutional investors and attract further direct investment through the open market.

SinglePoint’s uplisting to the OTCQB marketplace required the addition of another board member. As such, the company announced its addition of Mr. Venugopal Aravamudan to the board. Aravamudan has more than 25 years of experience in growing and leading technology developments for major companies, including Microsoft (NASDAQ: MSFT), Amazon (NASDAQ: AMZN), VMware (NYSE: VMW) and F5 Networks Inc. (NASDAQ: FFIV). He is currently senior vice president and general manager of F5 Networks, where he is responsible for its next generation cloud services products.

SinglePoint intends to leverage Aravamudan’s expertise in cloud computing technology to accelerate the company’s capability to deliver blockchain-enabled solutions on a large scale. This will enable SinglePoint to build global capabilities for service delivery and ensure substantial growth at the next level. In a news release, the company’s president, Wil Ralston, had this to say on this exciting appointment: “We are very happy Mr. Aravamudan has joined us. This gives us the expertise we need for accelerating the right set of technology based Joint Ventures, Acquisitions and other interesting Big Data plays that unlock the potential for blockchain applications.”

SinglePoint intends to launch its bitcoin payments processor via subsidiary SingleSeed, during the first quarter of 2018. SingleSeed will initially provide a platform for both consumers and retailers in the legal cannabis industry to process payments using cryptocurrency. The app provides a much needed payment solution for most operators in the cannabis sector who cannot access traditional banking processes. Built to accommodate bitcoin payment, SingleSeed will be extended to facilitate other cryptocurrency payments, most notably ethereum.

The SingleSeed app is user-friendly and a win-win solution for merchants and consumers, enabling easy account registration and fast point-of-sale transactions. The downloadable app will enable retailers to post photographs and descriptions of their products, while employing text messaging to market their offerings, develop customer relationships and build trust. Developed specifically to provide a payment solution for the cannabis industry, SingleSeed can be customized as a payment platform for any other industry.

Toward the end of last year, SinglePoint entered into joint venture agreements with Global Payout, Inc. (OTC: GOHE) and AppSwarm (OTC: SWRM). Global Payout provides multi-national companies with customized payment and mobile banking solutions, merchant processing services and payment system consulting services. AppSwarm focuses on technology development for mobile applications and has established agreements with several application stores. These strategic alliances will strengthen SinglePoint’s cryptocurrency payment solutions, providing value-added offerings that will include licensed in-home delivery options.

SinglePoint’s new board appointment and recent uplisting to the OTCQB Venture Markets are set to take the company in a new direction. They could position the organization strongly for the upscaling of its operations and the acceleration of its growth into global markets.

For more information, visit the company’s website at www.SinglePoint.com

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The Modern Cannabis Industry — A Tight Mesh of Integrated Verticals and Technologies

CannabisNewsWire Editorial Coverage: The number of adults in America who want marijuana legalized has nearly doubled since 2000, according to the latest Pew Research Center survey, which indicates 61 percent are now in favor (http://cnw.fm/1CdYE). During that same interval, the industry has evolved from a taboo underground into a clean and professional marketplace. Now the cannabis industry is on track to outpace the manufacturing sector in terms of job creation by 2020 (http://cnw.fm/ae5YX). The multiple, increasingly interwoven verticals now present in this booming industry run the gamut. However, payment solutions, such as those offered by Global Payout, Inc. (OTC: GOHE) (GOHE Profile), represent some of the most high-potential integrations. Other key verticals here, such as digital advertising and marketing from companies such as mCig, Inc. (OTCQB: MCIG), or the news, print and digital multimedia offerings of Freedom Leaf, Inc. (OTCQB: FRLF), further underscore how developed the sector has become. This is true even before one considers verticals like the packaging, branding and compliance solutions provided by companies such as Kush Bottles, Inc. (OTCQB: KSHB), or the hydroponic and indoor growing systems developed by Solis Tek, Inc. (OTCQB: SLTK).

Strategic Partnerships Detail Diversity

The numerous strategic partnerships developed by Global Payout, Inc.’s (OTC: GOHE) majority-owned subsidiary MoneyTrac Technology, Inc. (“MTRAC”) in recent months brilliantly reveal the intersect potential of cannabis, finance, compliance and banking. Moreover, with the completion of the requisite due diligence and final steps needed for a Regulation D, Rule 506(c) security offering, MTRAC is now poised to offer the cash-driven cannabis industry a helping hand via the launch of its MTRAC-Token (http://cnw.fm/Jf5Ra). Because the federal government’s regulations discourage banks from handling the proceeds of marijuana transactions, thousands of profitable businesses, often doing hundreds of thousands of dollars a month in sales legalized by their respective states, have had to risk managing day-to-day operations entirely in cash (http://cnw.fm/0ZTzc).

Cannabis Goes Crypto Cashless

By harnessing the power of blockchain technology, MTRAC-Token will offer the cannabis industry a cryptocurrency-based and decentralized non-cash payment system that lends itself to regulatory compliance. The company has even tapped full-service blockchain technology and token accelerator Pegasus Fintech, Inc., to assist in ensuring that accredited investors hop on board. Investors who may have otherwise shied away from financially backing the cannabis industry will subsequently get a unique opportunity to access the 15 to 26 percent CAGR leading analysts have projected for this sector over the next several years (http://cnw.fm/9wngD). Worth nearly $8 billion already (http://cnw.fm/r8H8c), the North American cannabis industry is still woefully underserved when it comes to basic but essential financial services.

A similar deal was more recently finalized with California-based GreenBox POS, LLC, whereby MTRAC will serve as a strategic sales and marketing resource to help nurture GeenBox’s advanced POS (point of sale) software and technology out of beta and into the market (http://cnw.fm/Df7yl). MTRAC CEO Vanessa Luna commented on the rich operational feature set of GreenBox’s POS platform, explaining that the “details, intricacies and overall effectiveness” of the technology is unrivaled by anything the company has seen before. Spanning everything from compliance, financial audit prep and expense tracking to tax payments and data fidelity controls, the sophistication of GreenBox’s software suite is rivaled only by its custom-built blockchain KIOSK solutions for cashless operations.

Compliance is Key

Having completed a joint-venture partnership agreement with compliance software and merchant payment solutions innovator Integrated Compliance Solutions, LLC, earlier this year, MTRAC is clearly pulling out all the stops to put together a robust de-risking solution for the retail cannabis space (http://cnw.fm/ITkO1). By leveraging the company’s core fintech competencies and a growing network of strategic partners, Global Payout is unifying the concepts of “seed to bank” and “banking the unbankable” in a compliance-centric fashion expected to appease even the most stringent of regulators. This is a move by the company that is commensurate with the maturation of the sector into a fully modern and respectable industry — an industry on the road to potentially becoming a $24 billion-plus nationwide market by 2025 and that now has the muscle of California, the nation’s highest gross domestic product state, firmly behind it (http://cnw.fm/3DnZi).

Why it’s Worth the Fight

With over 100 million Americans suffering from some form of chronic pain and over 2 million addicted to prescription pain killers such as opioids, the development of compliance-friendly solutions to legal cannabis financing by Global Payout could be akin to a lifesaving measure because of the drug’s reputation as a less dangerous pain relief alternative. The importance of seeking such solutions is addressed in a recent report by the National Academies of Sciences, Engineering, and Medicine Committee on “The Health Effects of Cannabis and Cannabinoids,” which noted that “evidence regarding the short- and long-term health effects of cannabis use remains elusive” despite myriad studies that have examined cannabis use in all its forms, and that “often these research conclusions are not appropriately synthesized, translated for, or communicated to policy makers, health care providers, state health officials, or other stakeholders who have been charged with influencing and enacting policies, procedures, and laws related to cannabis use.” (http://cnw.fm/2lCHx). Another data point of importance is North America’s dominance of the $5.5 billion chronic pain therapy market (http://cnw.fm/4NIfq), nearly $2 billion of which is represented by the top three Medicare opioids.

Expanding Retail Network

The execution of a sales partnership and commission agreement in early February with Eyechronic cannabis media network operator and award-winning retail technology company Eyeconic.tv will allow MTRAC to reach customers in-store at the nearly 300 medical and retail dispensaries in Eyechronic’s nationwide partner network (http://cnw.fm/4X9xd). Combined with the already sizeable network of dispensaries MTRAC has cultivated relationships with via its PotSaver brand publication, the Eyechronic deal will give Global Payout serious ground game in California.

Sales and Marketing Support

MTRAC is wasting no time capitalizing on this advantage. The company recently expanded the sales team for its PotSaver brand in order to extend its reach beyond the thriving San Diego market into the surrounding metro areas. This includes the massive Los Angeles market, where many dispensaries have already received their licenses. This expansion is shrewdly timed to fully enable the debut of the company’s premier LA publication, slated for the second quarter of 2018 (http://cnw.fm/eWy6K). The retail technology benefits of the Eyechronic deal will overlap nicely with the sales and marketing management agreement signed earlier this year with High Grade Management Group, Inc. The deal is designed to facilitate the launch of High Grade’s Apple Vapes line of products through a sophisticated marketing campaign (http://cnw.fm/If2VZ).

The concentrates that go into vape cartridges are the fastest-growing segment of the cannabis market, and vapes are the largest slice of the pie across the major state markets. Up 37.5 percent in Colorado last year alone, concentrates easily outpaced the 25 percent growth seen by edibles, raking in $131 million in that state alone (http://cnw.fm/S3n4X). As further evidence of the potential for MTRAC’s vapes deal with California marijuana delivery service Eaze tracked a whopping 400 percent growth rate for its vape cartridges from 2015 to 2016 (http://cnw.fm/oQZ0d).

A Wide Open Market

From payment solutions and vaporizer pens to multimedia and advertising, the sheer variety of heavily integrated verticals now present within the cannabis sector is dizzying. And Global Payout is by no means alone in its efforts to bring cannabis consumer solutions to market.

Although perhaps more often referenced as a cannabinoid R&D biotech company known for its industrial hemp and nutraceutical and pharmaceutical products, mCig, Inc. (OTCQB: MCIG) has made significant strides of late via the company’s Obitx, Inc. (OBITX) subsidiary, to become a leader in digital advertising and marketing for the cannabis industry (http://cnw.fm/xCl85). The recent announcement of an S-1 registration, with the intent to spin off subsidiary Obitx into its own separate public company, marks a major milestone for this heavily diversified sector operator. The company’s announcement in late January (http://cnw.fm/1tKqt) that mCig will expand beyond its already full spectrum of hemp CBD skin products into CBD-based pet wellness products that directly address the $110 billion global pet care market (http://cnw.fm/ZsaJ3) provides further evidence of its diversification.

Another heavy hitter in cannabis sector digital media is the increasingly vertically integrated Freedom Leaf, Inc. (OTCQB: FRLF), which has established itself as a leading go-to resource for news and information via the company’s flagship publication, Freedom Leaf Magazine (http://cnw.fm/0wuI9). Freedom Leaf has also made strides of late to leverage the company’s considerable business consulting, as well as M&A expertise, in order to branch out further into the product end of the market. The company’s recent joint venture supply agreement with NutraFuels, Inc. (OTC: NTFU), whereby Freedom Leaf will assist in the formulation, blending and private labeling of NutraFuels’ Ayurvedic Breathable Vapor Oils, is a hallmark of this trend (http://cnw.fm/1QiSd). In support of this move, the company also fully acquired the Spanish hemp products producer Green Market Europe S.L., in January (http://cnw.fm/hQHO6). Green Market has indoor facilities totaling over 64,000 square feet and over 200 acres of outdoor production space.

Widely known in the industry for its packaging, supplies and accessories, Kush Bottles, Inc. (OTCQB: KSHB) recently announced a $6 million investment from private equity fund Merida Capital Partners, which will help the company reach out into new distribution channels and invest in new products (http://cnw.fm/1pKoE). This announcement followed fast on the heels of a sweeping Future Farm Technologies, Inc. (OTC: FFRMF) deal, which has Kush Bottles supporting Future Farm’s expansion into new cannabis and hemp territories such as California, Massachusetts, Maine, Florida and Puerto Rico (http://cnw.fm/s9PLf). Kush was selected by Future Farm because of the company’s superb reputation for high-quality cannabis packaging and branding, as well as tailored compliance solutions.

Branching out in a different way, Solis Tek, Inc. (OTCQB: SLTK) represents another key vertical of the matured cannabis market — one that is at the heart of the entire industry: growing hardware. As Kevin Kuethe, COO of cultivator and biopharma R&D powerhouse GB Sciences recently put it, GB’s “heaviest yields to date” can be chalked up in part to the ability of the Solis Tek fixtures and lights to deliver a hearty “diet of light” that closely mimics sunlight (http://cnw.fm/jE12T). For GB Sciences, which is geared towards standardized cultivation and consistent quality, Solis Tek’s focus on science sets the company’s hardware apart from the competition. Consistent quality and high yields are the name of the game for many cultivators, and dominating this essential vertical is SLTK’s specialty.

Diversity Comes of Age

It is evident that more and more sector operators are looking to diversify into complementary, upward parallels. And while the advanced payment solutions developed by a company such as Global Payout might be the low-hanging fruit due largely to the need to overcome banking regulatory compliance hurdles, it is the growing diversity of this truly modern industry that should instill investors with confidence in its future.

For more information on Global Payout, Inc., visit Global Payout, Inc. (GOHE).

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Global Payout, Inc. (GOHE) Names Bill Rochfort as SecurCapital Corp. President and EVP Sales

James Hancock, CEO of Global Payout, lauds the SecurCloud Platform offered by company’s SecurCapital subsidiary
Rochfort announces SecurCapital’s participation in global fintech and blockchain conferences to demonstrate platform’s ranging capabilities
Key to SecurCapital’s performance is its disruptive ‘banking in a box’ cloud-based finance solutions platform

Global Payout, Inc. (OTC: GOHE) has named Bill Rochfort as the new president and EVP sales at SecurCapital Corp., its newly-formed subsidiary (http://cnw.fm/r8Ir8). SecurCapital Corp. is a supply chain finance company offering both working capital and premier payment solutions for the logistics industry. Its SecurCloud Platform offers an integrated solution for global payments through a proprietary ecosystem controlled by the client. As a result, the client can then optimize management of cash flow through delivery of documentation of invoices, proof of delivery and payments to global vendors.

SecurCapital CEO Steve Russell, prior to joining SecurCapital, was group CEO for an amalgamated rollup of eight logistics companies focused on targeting and managing M&A, integrating acquisitions, rebranding and positioning for exit. For four years, he was president and CEO, Asia Pacific, of Salesforce.com (NYSE: CRM), launching its platform in 12 Asia-Pacific countries.

SecurCapital has plans to attend a global schedule of fintech and blockchain conferences in China, the United Kingdom, and the U.S. (http://cnw.fm/d7OaC). Bill Rochfort champions the schedule as showing the global capability of the company’s web-enabled finance solutions platform. Rochfort is a 25-year veteran of the fintech industry in global banking, e-wallet platforms, freight payment and foreign exchange. He was an early utilizer of cloud technology. He previously served as an officer with companies such as Sprint, Intermedia and Premier Global Services.

In a news release, James Hancock, CEO of San Diego-based Global Payout, said, “We’re very excited to have Bill join our senior team of logisticians at SecurCapital at this pivotal time as the company launches its SecurCloud Platform (SCP)… Leveraging years of international finance experience, Bill will be instrumental in driving the SecurCapital value proposition to our customers.”

“Launching our platform throughout the world in Shanghai, London, San Francisco and Boston demonstrates our capability to offer our customer solutions on a global scale,” Rochfort said. He added that the upcoming events would bring together digital banking, blockchain, business lending, payments and insurance and smart contracts applications.

The company’s upcoming schedule includes: MIT FinTech on March 10-11 in Cambridge, Massachusetts; the Lendit FinTech Conference on April 9-11 in San Francisco, California; the Global FinTech & Blockchain Conference on April 12-13 in Shanghai, China; and the London FinTech World Forum on May 30-31 in London, England.

GOHE is a leading provider of comprehensive and customized prepaid payment solutions, distributing money worldwide for domestic and international companies. GOHE will offer its fintech payment system to many vertical markets for support of digital currency and foreign currency exchange. SecurCapital is marketed as a fully configurable ‘banking in a box’ cloud-based platform.

For more information, visit the company’s website at www.GlobalPayout.com

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Opportunity Amid Cannabis Banking Hurdles

CannabisNewsWire Editorial Coverage: Investors seeking opportunities in the cannabis market may want to turn their attention toward companies offering solutions for a situation that could otherwise slow the industry’s growth. A number of emerging firms are providing or pursuing payment options that can help cannabis companies sidestep the roadblock created by the lack of access to traditional banking services. Among the companies honing financing, payment processing and other business development services for the cannabis industry are Global Payout, Inc (OTC: GOHE) (GOHE Profile), MassRoots Retail (OTC: MSRT), iAnthus Capital Holdings, Inc. (CSE: IAN) (OTC: ITHUF), and Glance Technologies, Inc. (OTC: GLNNF) (GET: CNX). Meanwhile, recent action at Canopy Growth Corp. (CC: WEED) demonstrates that a change in bank industry policy could be on the horizon.

In Arizona, the state Department of Health Services reported that its dispensaries sold over 43 tons of medical marijuana through year-end 2017, an increase of 48 percent from 2016. Capitol Media Services estimates the quantity of medical marijuana sold in Arizona in 2017 represented approximately $275 million in retail sales for the year. Sales in the United States as a whole represent a multibillion dollar market that is only expected to grow as the legalization process continues to spread. In Canada alone, taking into account the planned July 2018 legalization of recreational cannabis, sales of the product are expected to reach C$6 billion by 2021.

Despite the massive sales figures, cannabis companies largely conduct business in cash. With marijuana classified as a Schedule 1 drug at the federal level in the United States, the cannabis industry is essentially unbankable there, creating an opportunity for companies that can help industry participants process the payments generated by cannabis sales.

The Struggle to Organize Necessary Elements of Infrastructure

For the time being, cannabis businesses continue to struggle with financing issues related to customer receipts and budget expenditures, especially in the United States. While U.S. banks have overwhelmingly refrained from doing business with cannabis companies due to the federal prohibition on sales of the product, in Canada some banks have begun to offer business accounts to cannabis companies. Even when Canada does begin legalization in mid-2018, however, there’s no guarantee its banks will be quick to finance cannabis companies. The year is expected to be a landmark period for cannabis-related businesses, yet there’s still a fair amount of uncertainty about how they will fare. Global Payout, Inc. (OTC: GOHE) is one company positioned to help alleviate that uncertainty through a number of payment processing services.

Payment Solutions for the “Unbankable”

Global Payout’s fintech payment solutions can be fully customized for virtually any domestic and international organization distributing money worldwide. Through its MoneyTrac Technology (“MTRAC”) subsidiary, Global Payout is focused on helping reduce the extensive security, accounting and overhead costs dispensaries face from having to deal exclusively in cash. The reliance on cash transactions by cannabis businesses leaves these companies vulnerable to theft and facing all the inconvenience associated with running a cash-only business. And the problem is only expected to grow more acute as the rapidly growing multibillion-dollar industry continues to expand, with cannabis now recreationally available in eight states.

Addressing this opportunity in the company’s letter to shareholders, Global Payout CEO James Hancock stated: “Recognizing the gap between adequate financial technology solutions and the rapidly expanding, multi-billion-dollar cannabis industry, a collective decision was made in March to spinout our majority owned subsidiary, MoneyTrac Technology to begin serving the underserved businesses of the cannabis industry. … These partnerships, combined with several other important developments throughout the year, have effectively positioned MoneyTrac to generate revenue and become a recognized leader of a variety of service and solution offerings within the cannabis industry.”

MTRAC plans to launch its regulatory compliant token offering in the first quarter of 2018 as part of an effective, decentralized system for processing payments (http://cnw.fm/eoPQ3). The M-Token from MTRAC will allow vulnerable businesses to migrate from a cash-only business model by offering the basic yet essential services denied to them by the traditional banking industry. In the process, the businesses can improve their security and boost their operational efficiency.

Vanessa Luna, CEO of MTRAC, stated, “MoneyTrac’s primary objective has been, and will continue to be, to serve the legitimate and profitable businesses of the cannabis industry by effectively addressing the financial technology and banking challenges they are faced with. … Our regulatory compliant Token Offering will revolutionize how these businesses operate and help MTRAC further its objectives for identifying various partnerships and cultivating the relationships necessary to pave the way for alternative banking solutions.”

Cannabis Compliance

To help it develop a strong foundation for the delivery of banking solutions to the legal cannabis industry, MTRAC recently signed a joint-venture agreement with Integrated Compliance Solutions, LLC (“ICS”), a leading provider of financial regulatory compliance services and solutions to the retail cannabis industry. The partnership bolsters MTRAC’s ability to provide compliant banking solutions with its strategic partners.

In the press release announcing the agreement, Luna emphasized the importance in maintaining compliance in the heavily regulated retail cannabis industry.

“The ICS team carries several years of valuable experience with them in the field of regulatory compliance solutions and financial technology services for banking, and their integration into the banking solutions (that) we are dedicated to delivering to the cannabis industry is not only significant, but essential to our commitment of providing retail cannabis businesses with the most compliant and regulated banking solution available,” she stated (http://cnw.fm/xiq7H).

Exploring Expanded Marketing Opportunities

Global Payout also recently signed a Sales Partnership Agreement with Eyeconic.tv in a move to explore the potential of creating new revenue streams (http://cnw.fm/vnXs7) while boosting the impact of both parties.

The companies plan to leverage the network of dispensaries and industry-specific brands and products established through MTRAC’s PotSaver publication in conjunction with Eyeconic.tv’s digital media platform. Eyeconic.tv is an innovative producer and distributor of interactive digital mediums focused mainly on digital menus, advertising and kiosks to customers on their business premises. PotSaver is a revenue-producing community periodical and online advertising platform that provides listings for discounted cannabis-related products to local dispensaries and shops.

“Establishing this sales partnership with Eyeconic.tv is an incredibly effective way to deliver more value to the solutions and services we are providing to cannabis-related businesses. The Eyeconic.tv team are true pioneers in the digital marketing and advertisement space and have established themselves as the premier provider of these services throughout the cannabis industry. I am pleased they recognize the value we can bring to their brand through the network of dispensaries we have created through our PotSaver publication, as well as through the invaluable expertise our team offers in developing and implementing successful sales and marketing strategies. I am extremely confident that this will be a partnership that is mutually beneficial to the objectives of each of our companies,” Luna said.

Additional Cannabis Payment Solution-Related Opportunities

In a sign that Canadian banks are beginning to change their position about financing cannabis firms, Canopy Growth Corp (CC: WEED), a diversified Canadian cannabis company that offers curated cannabis in dried, oil and capsule form, has recently announced a $175 million bought stock offering led by two major Canadian investment banks — Bank of Montreal, through its BMO Capital Markets division, and GMP Securities. Canopy Growth operates on four continents where it sells cannabis products, conducts R&D, and provides cannabis-related education for healthcare practitioners.

While Canadian banks may be beginning to change their stance on financing cannabis firms, it should be noted there are no signs of such a thaw to the south where banks continue to avoid doing business with cannabis firms because of federal regulations. Canopy Growth’s extensive operations outside of Canada mean that the firm can still benefit from payment solutions that enable it to reduce the amount of cash transactions it conducts.

MassRoots (OTC: MSRT) offers one of the most popular technology platforms for the regulated cannabis industry. The company’s mobile apps, with more than a million users, enable consumers to draw on community-sourced reviews to make educated cannabis purchasing decisions. The company offers a compliance and point-of-sale system called MassRoots Retail, which helps cannabis businesses conduct retail operations more efficiently and manage compliance reporting as required by state regulators. MassRoots has recently formed a blockchain subsidiary focused on developing solutions for the cannabis industry based on the blockchain. The company believes that making use of the transparent digital ledger that constitutes the blockchain can help the cannabis industry operate with greater efficiency, accountability and transparency.

iAnthus Capital Holdings (CSE: IAN) (OTC: ITHUF) offers investors exposure to licensed cannabis cultivators, processors and dispensaries located across the United States. The company offers capital as well as hands-on operational and management expertise. With seven investments in six states covering an addressable market of approximately 50 million people, the company’s dispensaries stand to benefit from access to innovative payment processing and financial solutions that enable them to more efficiently handle transactions.

Glance Technologies, Inc. (OTC: GLNNF) (GET: CNX) owns Glance Pay, a mobile payment system transforming the way smartphone users interact with merchants and buy products. The company’s partially owned subsidiary, Cannapay Financial, is the vehicle for Glance Technologies’ entry into the cannabis industry through licensing agreements that leverage the Glance Pay App and the Glance Merchant App’s data analytics. Cannapay Financial has two apps in development — Cannapay, a mobile-to-mobile payment system for the marijuana industry, and SuperDope Delivery, a mobile ordering and delivery app for cannabis consumers.

The tremendous growth being experienced by the cannabis industry, coupled with the difficulty cannabis businesses are experiencing in accessing banking services, especially in the United States, have created significant opportunities for firms that can offer these businesses effective methods of processing transactions. Each of the companies listed above is positioned to benefit from this evolving trend, making them worthy of further investigation by investors looking to capitalize on the expansion of the cannabis industry and the corresponding development of payment solutions to facilitate that expansion.

For more information on Global Payout, visit Global Payout, Inc. (GOHE)

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Fired-Up Cannabis Players Ride into 2018 on Year-End High

CannabisNewsWire Editorial Coverage: Cannabis and blockchain were all the buzz in 2017 and investor trading in these stocks was heavy going into the close of the year. This helped significantly push up TD Ameritrade’s quarterly profit and boost daily average trades to 726,000 for the quarter ending December 30, 2017 — an increase of 49 percent from the previous year (http://cnw.fm/i5DkN). With this market frenzy spilling over into 2018, companies like Global Payout, Inc. (OTC: GOHE) (GOHE Profile) are in position to profit with fingers strategically in both pies, applying their expertise in both the cannabis and blockchain markets. Such companies poised to enjoy broader growth in the industries include Terra Tech Corp. (OTCQX: TRTC), mCig, Inc. (OTCQB: MCIG), Surna, Inc. (OTCQB: SRNA) and MPX Bioceutical Corp. (CSE: MPX) (OTC: MPXEF).

Rising Star

It is no secret that the cannabis market is on fire, fueled in part by Canada’s anticipated legalization of recreational marijuana, increasing public acceptance and industry innovations that keep investors interested in new developments.

Another event that helped shine a spotlight on marijuana stocks was the debut of ETFMG Alternative Harvest ETF, a first-of-its-kind, U.S.-listed exchange-traded fund that tracks the cannabis industry. While the trading period is usually slow between Christmas and New Year’s, this launch generated big buzz in the marijuana sector during that typically sluggish period.

The North American Marijuana Index has seen growth during the recent quarter, as well, with the addition of seven new cannabis companies to the Canadian Marijuana Index. This brings the total number of constituents on the index to 39.

Market Multitasking

Simultaneous endeavors in two red-hot market sectors—marijuana and blockchain, in this case—has proven a good strategy for Global Payout, Inc. (GOHE). This leading worldwide pre-payment solutions provider is successfully applying its core fintech capabilities in serving the cannabis industry, as well as offering cutting-edge blockchain technology solutions for a variety of other market sectors.

Decentralized Cannabis Payment System

Global Payout’s majority-owned MoneyTrac Technology, Inc. (“MTRAC”) subsidiary offers a wide array of services to help businesses in high-risk industries (notably cannabis enterprises) efficiently and effectively manage their operations. MTRAC’s technology equips business owners with the tools they need to meet compliance regulations, improve electronic payment processing and, in general, create an operational structure that will boost growth.

Global Payout kicked-off 2018 with the announcement (http://cnw.fm/cQ2yC) that its MTRAC subsidiary is moving forward with the co-launch of its regulation-compliant token offering, the M-Token, which is on track to be launched during the first quarter of this year. This has been made possible through various key strategic partnerships. The token is aimed at providing cannabis businesses with an effective decentralized payment system.

“MoneyTrac’s primary objective has been, and will continue to be, to serve the legitimate and profitable businesses of the cannabis industry by effectively addressing the financial technology and banking challenges they are faced with. Right now, one of the biggest and most daunting challenges they face is having to run their businesses strictly on cash,” MTRAC CEO Vanessa Luna stated in the press release. “This is not only dangerous from a theft perspective, but not practical in terms of basic financial management solutions. Our regulatory-compliant Token Offering will revolutionize how these businesses operate and help MTRAC further its objectives for identifying various partnerships and cultivating the relationships necessary to pave the way for alternative banking solutions.”

Throughout the U.S. cannabis industry, a large number of merchants continue to deal exclusively in cash transactions as marijuana’s continued status as a federally illegal drug has made cannabis vendors essentially “unbankable.” Dealing in cash is not only inconvenient for marijuana merchants and users alike, but it leaves cannabis businesses extremely vulnerable to theft, making a decentralized payment system not only attractive but very necessary.

The need for alternative cannabis payment solutions has been further sharpened by recent news that Attorney General Jeff Sessions has rescinded memos from the Obama Administration that formerly protected cannabis cultivators, users and vendors from federal prosecution in states where cannabis has been legalized.

In developing the M-Token, MTRAC has worked with various partners in the fintech and compliance sectors, including Pegasus Fintech Inc., and continues to devote substantial time and resources toward the requisite due diligence process to make sure the M-Token meets all regulatory compliance requirements before it is officially launched.

It is anticipated that the M-Token will effectively fill the huge banking void for businesses in the multibillion-dollar cannabis industry.

‘Banking the Unbankable’

In related efforts, MTRAC recently announced (http://cnw.fm/Wwa8P) its “Joint Venture Compliance, Crypto-Commodity, iCloud and Strategic Partnership Agreement” with Crypto Value Management System, LLC (CVMS), which has secured an exclusive California license for a cryptocurrency exchange platform. This platform is expected to enhance both MTRAC’s and CVMS’s efforts to offer fintech solutions to businesses in the cannabis industry and other alternative market sectors.

The secure, compliant blockchain technology developed by CVMS is the most cutting-edge crypto-commodity exchange platform available. In addition to aiding businesses that lack banking options, this technology is intended to serve as the backbone for MTRAC’s token exchange platform for the M-Token.

“Securing this JV Partnership Agreement with CVMS marks a huge milestone for MoneyTrac and our continued pursuit of banking the ‘un-bankable’ within the cannabis industry,” Luna stated. “The exclusive licenses CVMS has worked diligently to acquire in the State of California are critical pieces to the foundation we are developing for a token exchange platform that will become one of the most valuable resources to businesses in an industry where millions of dollars are exchanged in commerce every day.”

PotSaver Publication

Global Payout’s MTRAC subsidiary is also collaborating with the company’s PotSaver brand to launch PotSaver Biz, a publication developed exclusively for cannabis businesses. PotSaver Biz is aimed at becoming a premier networking platform for companies operating within the cannabis space, including businesses that offer ancillary services to the cannabis market.

The publication will give cannabis-related business owners an effective platform through which to market their products and services to one another.

Throughout PotSaver Biz, thousands of cannabis-related businesses and brands will be able to enhance their market presence through a paid listing in the publication. The publication will also serve as an additional revenue stream for MTRAC.

Cannabis Peers

Other standout players on the move to capitalize in the cannabis market with diverse offerings include companies like Terra Tech (TRTC).

Terra Tech is a vertically integrated, cannabis-focused agriculture company that operates through multiple subsidiary businesses, including Blüm, IVXX Inc., Edible Garden and MediFarm LLC. These subsidiaries offer an array of products and services, ranging from high-quality medical marijuana and adult-use cannabis products to medical cannabis permit application and procurement services.

Terra Tech recently received State of California Temporary Authorization to begin adult-use cannabis sales in that state.

Innovative biotech company mCig (MCIG) is fully diversified across multiple areas of the cannabis industry, ranging from construction and cultivation to production packaging, media and investments. The company is focused particularly on hemp, cannabinoid R&D, nutraceuticals and pharmaceuticals and is also a leading distributor of innovative products, customized packaging solutions, technologies and services for the worldwide medical marijuana industry. Among its endeavors, mCig recently announced plans to launch an advanced hemp CBD-based formula for domestic pets.

Boulder, Colorado-based Surna (SRNA) provides ancillary services to cannabis businesses, manufacturing a proprietary line of premium lighting, environmental control and air sanitation systems designed to serve both state-regulated cannabis cultivation facilities and traditional indoor agricultural facilities. The company’s aim is to provide smart solutions that can enhance the quality, control and overall yield and efficiency of controlled-environment agriculture.

MPX Bioceutical (MPXEF) is an Ontario corporation that offers services in the United States and Canada. Through its U.S.-based wholly owned subsidiaries, MPX provides significant management, staffing, procurement, advisory, financial, real estate rental, logistics and administrative services to two medical marijuana enterprises in Arizona. The company also recently acquired the award-winning GreenMart of Nevada NLV, LLC, which is a licensed cultivation, production and wholesale business serving both the medical and recreational cannabis markets in Nevada. MPX further owns cannabis assets in Massachusetts and Maryland and also leases a property in Ontario, Canada, for which it has submitted an application to Health Canada for a cannabis production and sales license.

For more information about Global Payout, visit Global Payment, Inc. (GOHE).

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