APP:CC - GCAC and ESG Consulting Firm to Offer Compliance & Sustainability to Leading US based Cannabis & Hemp brands
(TheNewswire)
Partnership part of Company’s 2022 ESG technology initative
Vancouver, British Columbia, Canada - TheNewswire - April 28, 2022 - Global Cannabis ApplicationsCorp. (" GCAC" or the" Company" ) ( C SNX :APP. CN) ( FSE:2FA ) ( OTC:FUAPF ), a leadingmedical cannabis chain-of-custody compliance and data platform,announce that Net ZeroAnalysis & Design (“NZA”) will bepartnering to help clients of the new Ef ixii software platform called“ clearESG ” to create verifiable ESG (Environmental, Social andGovernance) claims. clearESG, a new SaaS (Software-as-a-Service)offering will enable clients to evidence their ESG claims using theblockchain.
NZA, based in Chicago IL, will assist companies in thecannabis and hemp sectors with their facility audits for accurategreenhouse gas accounting, risk assessment, and the discovery ofenergy efficiency opportunities and new potential income streams.Facility audits aggregate data that will become crucial support foraccurate corporate disclosures, compliance reporting, environmental,social, and governance (ESG) reporting, carbon-footprint reductiongoals, climate-risk assessment, and discovery of carbon offset projectopportunities. The partnership also offers third-party auditing forthe U.N.-supported Principles for Responsible Investment (PRI), GlobalReporting Initiative (GRI), Task Force on Climate-Related FinancialDisclosures (TCFD), Climate Neutral Now initiative of the UNFCCCSecretariat, U.N.-supported Sustainable Development Goals (SDGs) andother widely-recognized reporting frameworks.
CEO Bradley Moore stated “Blockchain provides us witha technology platform that allows our company to quickly addtransformational technologies and services. Developing tools thathelp the challenge of implementing sustainability goals not only helpsour clients but makes an impact in the world. Working with areputable company such as NZA, provides our soon to be released ESGproduct clients with the comfort and knowledge that not only can weassist with sustainability reporting but that we can also help withanalysis that reduces costs and provides a potential new source ofincome for the grower and manufacturers”.
George Sullivan, Founder and CEO of Net Zero Analysisadded, “Being able to work with GCAC’s blockchain technology tovalidate the sustainability claims for the cannabis and hempindustries will bring new positive exposure to the industry and themarkets served. There is a big push for all supply chains todemonstrate carbon neutrality in line with U.N. definitions. Thecollaboration between NZA and GCAC will appropriately preparecompanies to smoothly navigate the rapidly changing regulatorylandscape and take advantage of new opportunities in the carbonmarketplace. This, to our knowledge, will be a first for thecannabis and hemp sectors.”
Efixii is licensed to cultivators in a SaaS model andis a free-to-use app for cannabis consumers. All cannabis sold throughthe Portal generates a new sales-commission revenue stream for GCAC.Efixii’s cannabis data is the intellectual property (“IP”) ofGCAC. This IP creates an inherent difficulty in replicating orcompeting with GCAC’s cannabis datasets. GCAC defined theirprotocols in a provisional U.S. patent application, ‘System ofProcess and Tracking Cannabis Products and Associated Method UsingBlockchain’ filed with the USPTO on Dec. 17, 2020.
About Net Zero Analysis & DesignCorp.
Net Zero Analysis & Design is a climate complianceconsulting and advisory firm that provides a suite of services andISO-aligned tools to help industry-leading organizations successfullynavigate the new U.S. regulatory environment, meet investor andstakeholder demand for climate risk management,and prepare for our low-carbon future through good corporatecitizenship and outstanding ESG performance. NZA’s founders are ISO14001 Lead Auditors and represent a wealth of experience inengineering, architecture, building science, energy efficiency,renewable energy, professional education, and real estate. More infoat netzeroanalysis.com
About Global Cannabis ApplicationsCorp. “GCAC”
GCAC is a global leader in designing, developing, SaaSlicensing and acquiring innovative data technologies for the medicalcannabis industry. The Citizen Green and Efixii platforms are theworld's first end-to-end - from patient to regulator - medicalcannabis data solutions. They use six core technologies: mobileapplications, artificial intelligence, RegTech, smart databases,Ethereum blockchain and GCAC smart rewards. These technologiestransparently disclose cannabis chain-of-custody events, enablingpatients to provide crowd-sourced medical cannabis efficacy data.Driven by digital and cannabis industry experts, GCAC is focused ongenerating revenue from SaaS licensing its technology and acquiringhigh-quality cannabis datasets that improve patient outcomes andbecome the world’s largest cannabis efficacy data provider.
For more Company information, please visit www.cannappscorp.com , or review itsprofiles on www.sedar.com and on the Canadian Securities Exchange's website www.thecse.com .
PressContact
Phone: +1 (800) 409-5679
Email: info@cannappscorp.com
Forward-Looking Information
This news release mayinclude forward-looking information within the meaning of Canadiansecurities legislation concerning the business of GCAC.Forward-looking information is based on certain key expectations andassumptions made by the management of GCAC. Although management of theCompany believes that the expectations and assumptions on which suchforward-looking information is based are reasonable, undue relianceshould not be placed on the forward-looking information because GCACcan give no assurance that they will prove to be correct.Forward-looking statements contained in this news release are made asof the date of this news release. GCAC disclaims any intent orobligation to update publicly any forward-looking information, whetheras a result of new information, future events or results or otherwise,other than as required by applicable securities laws.
The CanadianSecurities Exchange has not reviewed and does not acceptresponsibility for the adequacy and accuracy of thisinformation.
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