NetworkNewsWire Announces Publication on Innovative Companies Serving Specific Needs in the Cannabis Industry

New York, New York--(Newsfile Corp. - October 23, 2017) - NetworkNewsWire ("NNW"), a multifaceted financial news and publishing company, today announces the publication of an editorial featuring Global Payout, Inc. (OTC Pink: GOHE), a client of NNW that provides comprehensive payment solutions that can be fully customized for virtually any domestic and international organization distributing money worldwide.

The publication, titled, "Standout Players Find Varied, Innovative Means of Serving the Marijuana Industry," shines a light on original solutions designed for the cannabis sector.

To view the full publication, visit: https://www.networknewswire.com/standout-players-find-varied-innovative-means-serving-marijuana-industry/

"There is no denying that cannabis is an increasingly red-hot market, and savvy companies are finding diverse ways to serve cannabis users, producers and vendors alike. Many companies in the cannabis industry don't cultivate or sell marijuana, instead offering investors the ability to take advantage of vertical opportunities ranging from payment solutions, accessories, technology, medicine and more. … Providing payments and transaction services to the cannabis industry, Global Payout, Inc. (GOHE) is addressing a key need for cannabis vendors and consumers without ever touching the marijuana plant."

"Because marijuana remains classified as a Schedule 1 drug under the Controlled Substances Act, companies selling marijuana and cannabis products labor under the disadvantage of limited - if any - access to traditional banking options. Being forced to deal in cash poses various challenges to merchants, and is hugely inconvenient for cannabis consumers. As a solution to these obstacles, Global Payout, through its MoneyTrac Technology, Inc. subsidiary, has paved a detour around this federal blockade to enable cannabis businesses to utilize the banking services they need (http://nnw.fm/1zZEf).

"MoneyTrac's payment platform resolves issues relating to regulatory compliance and transactional processing and tracking, and the platform's capabilities have various ancillary services, including bill pay and loyalty. Through affiliated partnerships, MoneyTrac offers cannabis businesses and other high-risk merchants an audited and fully compliant banking system through which they can apply for bank accounts. MoneyTrac's technology also gives merchants access their financial information from any location, and provides access tracking and compliance services to help them manage and control revenue flow."

About Global Payout, Inc.

Since the company's inception in 2009, Global Payout, Inc. has been a leading provider of comprehensive and customized prepaid payment solutions for domestic and international organizations distributing money worldwide. In 2014, Global Payout introduced its first online payment platform, called the Consolidated Payment Gateway (CPG), which allowed its enterprise clients to transfer money to international bank accounts, mobile accounts, and prepaid card accounts. The development of the CPG became the foundation for the introduction of its new, state-of-the-art FINTECH payment system in 2017, designed for both online and mobile applications to allow account holders to maximize an expanded suite of financial services and minimize operational costs. Global Payout will continue to offer its FINTECH payment system to many vertical markets for support of foreign currency exchange and digital currency, including ongoing support of the banking industry and international governments.

For more information, visit www.GlobalPayout.com.

About NetworkNewsWire

NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks 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, NNW 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. NNW 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, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

For more information please visit https://www.NetworkNewsWire.com

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Forward-Looking Statements

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.

NNW Contact:

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com