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MoneyTrac Techology Announces Revenue Through Completion of Acquisition of Southern California-Based Periodical Brand, PotSaver
Global Payout (OTCP:GOHE) has announced that its majority-owned subsidiary, MoneyTrac Technology, has finalized a majority ownership acquisition of PotSaver. As quoted in the press release: The majority ownership acquisition will provide MTRAC with an immediate revenue stream from existing subscription-based earnings for Potsaver. Additionally, PotSaver currently generates revenue through an agreement with Greenrush. Greenrush’s technology …
Global Payout (OTCP:GOHE) has announced that its majority-owned subsidiary, MoneyTrac Technology, has finalized a majority ownership acquisition of PotSaver.
As quoted in the press release:
The majority ownership acquisition will provide MTRAC with an immediate revenue stream from existing subscription-based earnings for Potsaver. Additionally, PotSaver currently generates revenue through an agreement with Greenrush. Greenrush’s technology is the largest on-demand delivery platform in the cannabis industry, connecting patients with local dispensaries across California, Nevada and Colorado.
“The majority ownership acquisition of PotSaver marks a significant milestone for MoneyTrac Technology,” said MTRAC COO, Vanessa Luna. “Not only does it provide our company with an immediate source of revenue, but it provides us with a unique opportunity to take a proven revenue-generating business model and expand it through the infusion of the many different tools and resources we have available through our networking, software and business development capabilities. Mr. Adler and his team have worked tirelessly to create and manage the respected brand PotSaver, which has been well established throughout the San Diego market and is transitioning to mass distribution throughout Southern California. We are truly excited to be given an opportunity to help further develop the brand into one of the most recognized within the cannabis industry,” Ms. Luna remarked further.
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