APP:CC - CLS Holdings USA Inc. Partners with GCAC to expand the use of Efixii Uplift Coupons
(TheNewswire)
Successful Launch Drives HigherRevenue and Consumer Adoption
Vancouver, British Columbia, Canada– TheNewswire - June 18, 2024 – Global ComplianceApplications Corp. (“GCAC”) (CSE: APP, FSE: 2FA, OTCQB:FUAPF) , a blockchain-based NFT couponingplatform, is thrilled to announce the expansion of its Efixii Upliftcoupon program following a successful Memorial Day launch with OasisCannabis Dispensary. GCAC partnered with CLS Holdings USA, Inc.(OTCQB: CLSH) (CSE: CLSH), (the ''Company'' or ''CLS'') to bringdiscounted cannabis to Nevada's veteran community through the CitizenGreen Project. CLS Holdings includes City Trees Cannabis Products andOasis Cannabis Dispensary 1 .
Oasis's use of Uplift NFT coupons will now extendbeyond veteran discounts to include a special celebration for PrideMonth on June 22, 2024. Leading this initiative, Oasis Cannabis, atop-performing dispensary in Las Vegas, Nevada, will offer a specialdiscount on tickets to a drag brunch at The Garden, an intimate andchic LGBTQ+ lounge bar in the Art District of Downtown Las Vegas,which is located 5 minutes from Oasis. Oasis takes pride in joiningthe community alongside their valued customers, dedicated staff,industry peers, and people from all walks of life.
“Efixii Uplift is very easy for both customers andstaff to use. With instant coupon savings right on the app, we connectwith consumers the moment they redeem their deals at checkout. We'rethrilled to expand our partnership with GCAC to bring even moreexciting discounts to our customers.”, said Jordan Ascanio, CreativeDirector of CLS Holdings USA, Inc. Oasis Cannabis offers a variety ofdiscounts catering to locals, seniors, cannabis industry members,agent card holders, VIP club members, veterans, and the hospitalityindustry. Additionally, they feature daily Happy Hour deals, providingsubstantial savings on select products. These diverse discountprograms are designed to reward regular customers and attract newones, enhancing customer engagement and loyalty 2 . Efixii NFT couponsare uniquely suited to bringing high levels of connectivity betweenOasis and its customers, reducing re-engagement costs by up to80%.
Efixii’s blockchain technology does not requirepersonal information from consumers, removing a major hurdle foradoption. Retailers only need a smartphone to utilize the Efixii app,with no additional training required for staff 3 . Efixii Upliftstands out as the only end-to-end data chain for cannabis, with apatent application approved by the US Patent Office.
About Global Compliance ApplicationsCorp. “GCAC”
GCAC is a global leader in designing and developinginnovative blockchain technologies and machine learning solutions toimprove real-world businesses. GCAC's leading solution is Efixii, anEthereum Layer 2 blockchain and EVM programming functionality that ison par with other Layer-2's, such as Polygon. GCAC can connect productproducers, distributors, manufacturers, and retailers through a seriesof value chain dApps that allow for data connectivity to drive betterconsumer experiences and sales. GCAC serves as a one-stop digitalcoupon shop that saves users money on cannabis and CBD that may have Efixii-blockchain verified seed-to-salelifecycle information. GCAC works in many agricultural industriesproviding a value-added blockchain offering through a cost-effectiveSaaS licensing model.
For more information, please visithttps://globalcompliance.app/, or review its profile on sedar.com andthe Canadian Securities Exchange thecse.com.
GCAC Press Contact
+1 (800) 409-5679
Forward-Looking Information
This news release may includeforward-looking information within the meaning of Canadian securitieslegislation concerning the business of GCAC. Forward-lookinginformation is based on certain key expectations and assumptions madeby the management of GCAC. Although management of the Company believesthat the expectations and assumptions on which such forward-lookinginformation is based are reasonable, undue reliance should not beplaced on the forward-looking information because GCAC can give noassurance that they will prove to be correct. Forward-lookingstatements contained in this news release are made as of the date ofthis news release. GCAC disclaims any intent or obligation to updatepublicly any forward-looking information, whether as a result of newinformation, future events or results or otherwise, other than asrequired by applicable securities laws.
The Canadian Securities Exchange hasnot reviewed and does not accept responsibility for the adequacy andaccuracy of this information.
About CLS Holdings USA, Inc.
CLS Holdings USA, Inc. (CLS) is a diversified cannabiscompany that acts as an integrated cannabis producer and retailerthrough its Oasis Cannabis subsidiaries in Nevada, with plans toexpand to other states. CLS stands for "Cannabis LifeSciences," in recognition of the Company's proprietary method ofextracting various cannabinoids from the cannabis plant and convertingthem into products with a higher level of quality and consistency.CLS's business model includes licensing operations, processingoperations, processing facilities, sale of products, brand creation,and consulting services.
CLS Holdings USA, Inc. ContactInformation:
Corporate:
Andrew Glashow, Chairman and CEO
888-260-7775
Investor Relations: investors@clsholdingsinc.com
Stay Connected
clsholdingsinc.com
Instagram: @clsholdingsusa | Facebook: Twitter (X): @CLSHoldingsUSA | LinkedIn:
Forward-Looking Statements
This press release contains certain"forward-looking information" within the meaning ofapplicable Canadian securities legislation and ''forward-lookingstatements'' as that term is defined in the Private SecuritiesLitigation Reform Act of 1995 (collectively, the ''forward-lookingstatements''). These statements relate to, among other things, theexpected development of our business and joint ventures, results ofoperations and financial performance, future liquidity, workingcapital, and capital requirements. The continued spread of COVID-19could have, and in some cases already has had, an adverse impact onour business, operations, and financial results, including throughdisruptions in our cultivation and processing activities, supplychains and sales channels, and retail dispensary operations as well asa deterioration of general economic conditions including a possiblenational or global recession. In some cases, you can identifyforward-looking statements by terminology such as "may,""might," "will," "should,""intends," "expects," "plans,""goals," "projects," "anticipates,""believes," "estimates," "predicts,""potential," or "continue" or the negative ofthese terms or other comparable terminology. These forward-lookingstatements are only predictions, are uncertain, and involvesubstantial known and unknown risks, uncertainties, and other factorswhich may cause our actual results, levels of activity, or performanceto be materially different from any future results, levels ofactivity, or performance expressed or implied by these forward-lookingstatements. We cannot guarantee future results, levels of activity, orperformance. You should not place undue reliance on theseforward-looking statements, which speak only as of the date that theywere made. These cautionary statements should be considered togetherwith any written or oral forward-looking statements that we may issuein the future. Except as required by applicable law, we do not intendto update any of the forward-looking statements to conform thesestatements to reflect actual results, later events, or circumstancesor to reflect the occurrence of unanticipated events. See CLS HoldingsUSA filings with the SEC and on its SEDAR profile at www.sedarplus.ca for additional details.
About City Trees
Founded in 2017, City Trees is a Nevada-based cannabiscultivation, production, and distribution company. Offering a widevariety of products with consistent results, including cannabisconcentrates and cannabis-infused products. City Trees products areavailable in numerous dispensaries throughout the states of Nevada,New Mexico, and New York, and plans to expand to other states.
Stay Connected
citytrees.com
Instagram: @citytreesofficial | Facebook: @citytreesofficial
Twitter (X): @CityTrees | LinkedIn: @citytrees
About Oasis CannabisDispensary
Oasis Cannabis has operated a cannabis dispensary inthe Las Vegas market since dispensaries first opened in Nevada in 2015and has been recognized as one of the top cannabis retailers in thestate. Its location within walking distance to the Las Vegas Strip andDowntown Las Vegas in combination with its delivery service toresidents allows it to efficiently serve both locals and tourists inthe Las Vegas area.
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oasiscannabis.com
Instagram: @oasisdispensary | Facebook:
Twitter (X): @OasisCannabis | LinkedIn:
1 https://newsroom.globalcompliance.app/234860-gcac-partners-with-cannabis-life-science-to-bring-discounted-cannabis-to-nevada-s-200k-veterans
3 https://efixii.io/efixii-uplift-for-retail/
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