PSYC Enters Joint Venture Partnership with Minerco, Inc.
January 25 2021 - 8:40AM
InvestorsHub NewsWire
PSYC Enters Joint
Venture Partnership with Minerco,
Inc.
PSYC Sets Sights on
Expanding Its Digital Platform Within the Emerging Sector of
Medicinal
Psychedelics
LAS VEGAS, NV --
January 25, 2021 -- InvestorsHub NewsWire
-- Global Trac Solutions,
Inc. (OTCPink:
PSYC) (“Global” “PSYC” or the “Company”) a digital media leader
within the emerging sector of medicinal psychedelics, is pleased to
announce that the Company has entered into a Joint Venture
Partnership (the “JV”) with Minerco,
Inc. (OTC:
MINE) (“MINE”), a Jamaican-based company specializing in
growing, research, production and distribution of psilocybin
mushrooms and marketing worldwide.
The JV creates an
opportunity for the companies to collaborate on the co-development
and hosting of virtual conferences and forums focused on educating,
informing, and showcasing the potential medicinal benefits of
psilocybin mushrooms, including the psilocybin-based products MINE
is developing. Additionally, the JV allows for PSYC to serve as one
of the primary digital marketing partners for MINE as they move
forward with their focus of bringing their products to
market.
“We are extremely
delighted to partner with MINE, a company that is deeply-rooted in
the sector of psilocybin mushrooms,” said Global Trac Solutions,
Inc. CEO, David Flores. “And we’re thrilled to be able to combine
our collective resources to develop and produce virtual conferences
and forums in the coming months that we believe will effectively
highlight this exciting sector within the psychedelic
industry.”
“To JV with PSYC will
be a great opportunity for both companies,” said Julius Jenge,
Minerco, Inc. CEO. “MINE will have the ability to do real case
studies using our own product and PSYC will be able to track the
research with their media platform. This initiative will allow us
to host forums with both industry experts and patients who will
give real examples of the benefits of Psilocybin and more
specifically MINE products.”
The companies intend
to be able to collectively develop and produce their first joint
virtual conference/forum within the next two months and will
release more information to the public related to specific dates
and times as soon as it is available.
“As our industry
continues to gain more exposure and develop more momentum behind
it, I believe we will continue to see an increase, globally, for
platforms, such as Psychedelic
Spotlight, that provide access
to a wealth of informational and educational resources focused on
this paradigm shift in healing and treatment that psychedelics like
psilocybin are creating,” Flores said. “As MINE continues its focus
on developing quality psilocybin-based products, we here at PSYC
look forward to leveraging our expanding media platform and network
to contribute to their growth and success in the months to
come.”
About Global Trac Solutions, Inc.
(OTCPink:
PSYC)
At Global Trac Solutions we are
integrating media, creativity, and technology to develop and deploy
thought-provoking ideas and solutions that are fostering and
transforming the approach to some of society’s most pressing
matters.
PSYC has expressed its intent and
commitment to positioning itself at the forefront of the
psychedelic revolution and as a resource center for discovering and
understanding the latest research and business opportunities
surrounding psychedelic inspired medicines. In conjunction with the
FDA’s more open-minded approach to psychedelic medicines, and as
several major U.S. cities continue to approve the decriminalization
of psilocybin, investors are speculating that the psychedelic boom
could be bigger than that of cannabis. PSYC is your source for
current investment related news specific to psychedelic medicines
and cutting-edge research improving overall health, moving this
sector into the mainstream.
We believe in a forward-thinking
approach that embraces groundbreaking new technology and
innovations and through the vision of business development we
intend to continue to evolve into these unchartered territories as
the industry leaders of the future. We truly are the right TRAC to
follow.
Forward-Looking Statements
Disclaimer:
This press 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. In some cases, you can
identify forward-looking statements by the following words:
"anticipate," "believe," "continue," "could," "estimate," "expect,"
"intend," "may," "ongoing," "plan," "potential," "predict,"
"project," "should," "will," "would," or the negative of these
terms or other comparable terminology, although not all
forward-looking statements contain these words. Forward-looking
statements are not a guarantee of future performance or results and
will not necessarily be accurate indications of the times at, or
by, which such performance or results will be achieved.
Forward-looking statements are based on information available at
the time the statements are made and involve known and unknown
risks, uncertainty and other factors, including the effect of
COVID-19, that may cause our results, levels of activity,
performance or achievements to be materially different from the
information expressed or implied by the forward-looking statements
in this press release. This press release should be considered in
light of all filings of the Company that are disclosed on the OTC
Markets.com website.
Disclaimer: Global Trac
Solutions, Inc. does not in any way encourage or condone the use,
purchase, sale or transfer of any illegal substances, nor do we
encourage or condone partaking in any unlawful activities. We
support a harm reduction approach for the purpose of education and
promoting individual and public safety. If you are choosing to use
psychedelic substances, please do so
responsibly.
Corporate
Contact:
Global Trac Solutions, Inc.
(PSYC)
www.globaltracsolutions.com
(702) 239-1919
psyc@globaltracsolutions.com
OTCPINK: PSYC
Minerco (CE) (USOTC:MINE)
Historical Stock Chart
From Aug 2024 to Sep 2024
Minerco (CE) (USOTC:MINE)
Historical Stock Chart
From Sep 2023 to Sep 2024