Global Payout, Inc. (OTC: GOHE) is pleased to announce that its majority owned subsidiary, MoneyTrac Technology, Inc. ("MTRAC", the "Company"), has expanded the sales team for its PotSaver brand to extend its reach beyond the San Diego market and into surrounding metro areas including Los Angeles.
Following the official start of legal recreational cannabis in California, several municipalities have been slow to issue recreational licenses to dispensaries. In Los Angeles, for example, this has been a significant challenge as local leaders and regulators have been working diligently to bring the vast array of dispensaries throughout the area into the legal fold. The PotSaver brand prides itself on working only with fully regulated and compliant cannabis companies and as such has watched carefully while these issues have been worked through by local regulators. AAnd as several dispensaries across Los Angeles have begun to receive their licenses, PotSaver has proactively moved forward by adding additional members to its LA-based salesforce to ramp-up efforts for the release of its premier LA publication, which is expected to hit markets in the early part of Q2 2018.
Additionally, PotSaver has added significantly to its San Diego publication by expanding its base of advertisers to businesses outside of cannabis, such assuch as some of the local the restaurants and businessesrands that make up the unique and lively community that is San Diego. These developments are in lock step with the recent agreement signed with EyeChronic.TV to incorporate their digital media platforms into theexpanding suite of expanding services offered by MTRAC and PotSaver.
MTRAC CEO Vanessa Luna said "With the recent agreement with EyeChronic, and the newly licensed dispensaries in LA, PotSaver is really in a very unique position to offer advertising services to the dispensaries not available from other companies. In addition to the compliance services offered by MTRAC, and the imminence of an electronic payments solution, MTRAC will be in a very strong position to capitalize on this multibillion dollar market sector."
MTRAC and PotSaver continue to work diligently within the legal recreational market to expand the advertising opportunities and compliance services available to the cannabis industry and are excited to expand into newly formed recreational markets in California.
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