![](https://investorshub.advfn.com/uicon/627593.png?cb=1502419943)
Friday, November 30, 2018 9:48:01 AM
They are trying to get this technology passed into State legislation as an industry standard for transparency and security. This is HUGE!
after hearing the degree of security of the MTrac Platform, and the expertise behind the technology, language suggested by MTrac and MGR2 to establish a cashless system is being considered for inclusion in the new bill. Because of the interest in the feasibility of implementing a viable digital payment solution, the MTrac team has invited a legislative delegation from New Jersey to San Diego to further discuss the technology and to see the platform first hand.
David Spector of MGR2 will also be meeting with influential legislators outside of New Jersey to discuss the system in more detail where his team’s strides have started to peak the interest of legislatures in other states; among them Ohio, Florida, and potentially Michigan. Mr. Spector intends to use the language suggested by MTrac and MGR2 for the purpose of advancing a transparent and regulatory-compliant payment system to enhance those states’ cannabis policy initiatives.
“As we make our push for legislative recognition of MTrac’s platform as a state-approved blockchain payment solution we begin to see the big picture really start to unfold where finance and new technologies converge to support unique economies,” said MTrac CEO, Vanessa Luna.
Quote Source
Recent PSYC News
- PSYC Begins Business Overhaul Process with Consolidation of 10 Previously Issued Convertible Debentures • InvestorsHub NewsWire • 03/13/2024 11:13:44 AM
- PSYC's CEO Provides Detailed Update on the State of the Company in Newly Released Podcast Recording • InvestorsHub NewsWire • 01/05/2024 01:30:00 PM
- PSYC's CEO to Moderate Panel at The Cannabis & Psychedelics Investment Summit Hosted by Kahner Global • InvestorsHub NewsWire • 11/08/2023 01:30:00 PM
- PSYC's Psychedelic Spotlight to be Media Partner for 2023 reMind Psychedelic Business Forum • InvestorsHub NewsWire • 10/04/2023 12:30:00 PM
- Multi Media Company Announces Acquisition • AllPennyStocks.com • 09/21/2023 02:45:00 PM
- PSYC Acquires Stock Day Media to Help Bolster Revenue Production Capacity • InvestorsHub NewsWire • 08/31/2023 12:30:00 PM
- PSYC Enters Strategic Partnership with Target Media to Help Accelerate Audience and Revenue Growth Opportunities • InvestorsHub NewsWire • 08/29/2023 12:30:00 PM
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM